Posts Tagged ‘Estonia’
PowerUP Energy Technologies expands into Sweden, Denmark, and Norway with landmark partnership
Estonian company PowerUP Energy Technologies, a leading European developer of hydrogen fuel cell solutions, announced its expansion in Scandinavia through a strategic distribution agreement with Greener InfoTech Systems Sweden AB.
Under this agreement, Greener InfoTech Systems AB (GITSAB) will serve as the authorised distributor for PowerUP’s hydrogen-based energy generation products across Sweden, Denmark, and Norway. This partnership is designed to meet the surging demand for portable, zero-emission power in a region that leads the world in the transition toward a hydrogen economy.
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Originally published on 25 Mar
Read MoreAI Leap programme recognised with Deed of the Year 2025 award by IT companies
The Estonian Association of Information Technology and Telecommunications (ITL) recognised the most outstanding technological achievements and contributors of 2025 at its anniversary event. The Deed of the Year 2025 award was presented to the AI Leap Foundation for launching an education programme that helps Estonian schools adapt to the age of AI.
ITL annually recognises individuals and organisations whose ideas, initiatives or activities have significantly impacted the development of digital technology in Estonia or society more broadly. Awards were presented in four categories: Doer of the Year, Deed of the Year, Breakthrough of the Year and Role Model of the Year.
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Originally published on 24 Mar
Read MoreCybernetica wins contract to modernise Estonia’s social benefits platform
Cybernetica has been engaged to develop and deliver a critical modernisation project within STAR (Social Services and Benefits Data Register) – the core electronic work environment used by social workers across Estonia for case management, benefit administration, adoption and guardianship procedures, and social welfare reporting.
The project is commissioned by TEHIK (Health and Welfare Information Systems Centre) and the Social Insurance Board (Sotsiaalkindlustusamet) under a framework agreement. The specific subsistence benefit project runs until April 2027.
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Originally published on 23 Mar
Read MoreLockheed Martin to build HIMARS sustainment centre in Estonia
Great news for our international partners. Estonia will increase the Film Estonia cash rebate from 30% to 40%, strengthening the country’s competitiveness in the international film production market. “It’s official. Minister Heidy Purga has confirmed the final step of a long process: Film Estonia moves forward with a 40% cash rebate for film and TV production.
Regulations still need to be updated — and then, let’s roll!” stated Edith Sepp, head of the Estonian Film Institute.
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Originally published on 23 Mar
Read MoreSouth Korean defence industry company Hanwha Aerospace officially joined the Estonian Defence and Aerospace Industry Association this week
South Korean defence industry company Hanwha Aerospace, which cooperates with several Estonian defence industry companies, officially joined the Estonian Defence and Aerospace Industry Association this week.
Hanwha Aerospace is one of the leading defence and aerospace manufacturers, with a broad portfolio spanning artillery systems, aircraft engines, armoured vehicles, and space technology. Their growing presence in the European defence market makes them a valuable addition to our network.
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Originally published on 19 Mar
Read MoreEnefit to Triple Its Battery Storage Capacity
Enefit, the electricity business of Eesti Energia, is expanding its energy storage portfolio by building three new battery storage systems next to its wind farms in Lithuania. The new systems will have a combined capacity of 46 megawatts (MW) and 184 megawatt-hours (MWh). Once completed, Enefit’s storage portfolio will grow from the current 29 MW to 75 MW, strengthening the company’s position in the Baltic energy storage market.
“Energy storage is a key component of the modern energy system. Battery solutions help balance wind and solar generation, support grid stability, and mitigate high price peaks,” said Donatas Celešius, Member of the Management Board of Enefit and Head of Business Development. “Storage solutions also increase the value of our existing production assets and strengthen our integrated generation portfolio as a whole.”
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Originally published on 19 Mar
Read MoreEstonia Increases Film Estonia cash rebate programme to 40%
Great news for our international partners. Estonia will increase the Film Estonia cash rebate from 30% to 40%, strengthening the country’s competitiveness in the international film production market. “It’s official. Minister Heidy Purga has confirmed the final step of a long process: Film Estonia moves forward with a 40% cash rebate for film and TV production.
Regulations still need to be updated — and then, let’s roll!” stated Edith Sepp, head of the Estonian Film Institute.
Read full announcement (external link)
Originally published on 9 Mar
Read MoreSunly signs PPA agreement for 60 MW solar park in Poland
Sunly has signed a power purchase agreement (PPA) with Respect Energy for the Rzezawa solar park in southern Poland. The agreement covers the sale of 100% of the electricity generated by the 60 MW photovoltaic installation.
The contract has been concluded in a “pay as potentially produced” structure. In addition to the electricity offtake, the cooperation includes providing balancing services with the installation. Respect Energy will act as the Balancing Services Provider (BSP), enabling the solar park to participate in the balancing market once the formal qualification process and technical integration are completed.
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Originally published on 18 Mar
Read MoreBolt partners with NVIDIA to build Europe’s autonomous vehicle foundation
Estonia is no longer just a land of humble startups, as its premier companies are scaling ambitions. This week, Tallinn-based mobility giant Bolt announced that it will partner with NVIDIA to develop an AI-powered platform for autonomous vehicles tailored specifically to European roads.
The collaboration pairs Bolt’s vast amounts of real-world driving data — collected daily across its ride-hailing, carsharing, micromobility and delivery operations in 50+ countries and 850+ cities — with NVIDIA’s latest autonomous driving stack.
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Originally published on 17 Mar
Read MoreIuteBank begins operations in Ukraine
Iute Group, a leading European personal finance group, begins operations with IuteBank in the Ukrainian banking market on 17 March 2026. The start of operations follows the completion of the transition process and marks an important milestone in the Group’s expansion of its digital banking model into one of Europe’s most digitally advanced financial markets. The transition process was completed earlier than initially expected.
With the start of operations, IuteBank will initially offer a focused set of core banking services, including current accounts, deposits, and instant payments, to its existing customer base. This initial phase is designed to ensure a stable and well-governed foundation. The build-out of Iute’s full digital product capabilities and the launch of a comprehensive value proposition, including mobile banking and active customer acquisition, is planned for early 2027.
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Originally published on 16 Mar
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