Tag Archives: GRE

PR Newswire

ACE Green Recycling to build North America’s largest green battery recycling park in Texas

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Proprietary emissions-free battery recycling technology to be deployed to recycle both lead-acid and lithium-ion batteries  

BELLEVUE, Wash., May 10, 2022 /PRNewswire/ — Recycling technology company, ACE Green Recycling (ACE) is announcing its plans to build and operate North America’s largest emissions-free and sustainable battery recycling park in Texas, USA. The 400,000 square foot facility will be able to recycle both lead-acid and lithium-ion batteries when fully operational. These batteries are key elements in the automotive, power storage, telecommunications industry and portable devices like mobile phones and laptops. 

The facility is expected to start its phase 1 of operations in the third quarter of 2023, starting with the recycling of lead-acid batteries using ACE’s proprietary emission-free battery recycling technology and followed with a lithium-ion battery recycling facility in proximity. When operating at full capacity, ACE expects the facility to process and recycle up to 100,000 metric ton of used lead-acid batteries and 20,000 metric ton of used lithium-ion batteries annually by 2025.

Traditionally, battery recycling is via the smelting process which involves operating at extremely high temperatures – often more than 1,000 °C – with the burning of expensive and polluting fossil fuels, producing significant greenhouse gases (GHG), and exposing workers to hazardous working conditions. Compared to smelting, ACE’s proprietary technologies for both lead-acid and lithium-ion battery recycling are fully electrified with zero carbon emissions and provide higher battery material yields while providing a safer workplace environment. ACE is also exploring opportunities for operating most of its key plant activities with solar energy to reduce the facility’s Scope 2 emissions.

ACE has identified Texas to locate its flagship battery recycling facility in the United States. With a growing population and easy access to an abundance of spent batteries from automobiles and other industrial sources, Texas is an obvious choice for ACE’s new plant. 

Due to the lack of sufficient recycling capacity, the US is currently exporting a large volume of its scrap batteries to Mexico and Asia while importing battery materials back to make new batteries leading to a major value loss. By establishing a large operation in Texas, ACE intends to reduce America’s dependence on imports of battery materials and batteries from foreign suppliers that are often subject to adverse global supply chain issues. 

“Texas sits at the heart of the world’s global energy revolution with key access to an abundant pool of top engineering and technical talent. ACE’s new facility aims to be part of that revolution and build a greener, more sustainable future for America,” said Nishchay Chadha, ACE’s Co-Founder and Chief Executive Officer.

ACE’s Texas lead-acid recycling facility will be scaled up in phases. When fully operational, it is projected to recycle more than 5 million lead-acid batteries, prevent more than 50,000 metric ton of GHG emissions, reduce landfill dumping of more than 10 million pounds of hazardous solid waste, and recycle more than 15 million pounds of plastics annually. The facility will also generate up to 100 direct and indirect well-paying American jobs for the local economy. ACE will be announcing more details about its lithium-ion battery recycling operations in upcoming months.

The green technology solutions start-up will utilize its own funds and collaborate with several strategic and financial investors to set up the envisioned Texas battery recycling park. “We are excited to establish our first North American facility in the state of Texas that will not only generate significant local economic activity but also contribute to a greener environmental footprint,” said Dr Vipin Tyagi, Co-founder and Chief Technology Officer of ACE. “By contributing to America’s battery recycling capabilities, we also aim to strengthen the country’s energy independence and build a more resilient future for the nation.”

ACE has already deployed its technology on a commercial scale and most recently announced a deal with Pondy Oxides & Chemicals Ltd (BSE: 532626), a leading recycler in India, and is set to announce new facilities in Asia, Europe, and the Middle East by early 2023.

About ACE Green Recycling Inc

ACE Green Recycling is an American green recycling technology company with global operations across Southeast Asia and India. The company has started commercializing its proprietary recycling process for used lead-acid batteries that releases no greenhouse gas emissions and is currently scaling up its zero-emission technology to recycle lithium-ion batteries. ACE is also simultaneously working on clean technology solutions for other metallic waste streams. The team behind ACE has decades of recycling, technology and scrap supply chain experience, making them poised to become a leader in global recycling.

For media enquiries, please contact:
Ikram Zainy                                                              
Superminted Pte Ltd                                                
ikram@superminted.com
Tel: +(65) 96553441

For any enquiries, please contact:
ACE Green Recycling
communications@ace-green.com

PR Newswire

Yadea Celebrates Mother’s Day with #LegendaryMom Social Media Campaign

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MUNICH, May 8, 2022 /PRNewswire/ — On Mother’s Day, Yadea, a leading electric two-wheeler brand, is celebrating moms around the world with the launch of its #LegendaryMom social media campaign, incorporating a new Mother’s Day video and a poster. At the center of Yadea’s Mother’s Day campaign is an energetic rap that embodies the brand’s youthful spirit and pays homage to the diverse identities of the modern mom.

“Mothers are not defined solely by the fact that they have children. Mothers have multiple identities in life: they can be family contributors, stylish women and eco-living advocates. As a brand, Yadea has always recognized and supported the plethora of roles that modern mothers occupy in our lives. This film pays tribute to the idea that all mothers around the world are absolutely and unquestionably legendary,” said Aska Zeng, General Manager at Yadea.

A celebration of the modern mom, Yadea’s #LegendaryMom campaign asks audiences to reflect on the diverse roles their mom played, and continue to play, in their lives, from educator to businesswoman and advocate for sustainable living. As their first teacher, mothers are the ones who help kids navigate every aspect of the world, from changing their diapers to helping them study for the big high school exam and enabling them to thrive professionally as they head off to work. They shape children into their best selves – as the rap says: “All your good qualities, they’re hereditary.” Finally, as a “true boss” lady and “real go-getter,” Yadea acknowledges that modern moms are eco-warriors that take action and use sustainable means of transportation to ensure the next generation become leaders in protecting the earth.

Yadea’s #LegendaryMom video launched across the brand’s social media platforms on May 8, 2022, alongside a dedicated Mother’s Day post, which celebrates the diverse roles mothers play, and invites its audience to share pictures to celebrate their own #LegendaryMom on social media.

As a reflection of Yadea’s continued efforts to empower mothers around the globe, the #LegendaryMom campaign forms part of the brand’s larger commitment to support moms as they raise their little ones. Yadea helps mothers guide their children to understand and protect the most important mother of all – Mother Earth – and makes life easier for parents with innovative products, such as its unique kids series. At the same time, Yadea consistently incorporates outstanding award-winning design into its products, including the 2020 Red Dot Design Award winner C1S. This combination of form and function enables children to appreciate and pursue beauty, while assisting mothers to look stylish in their busy daily lives.

As a champion of women everywhere, Yadea steadfastly recognizes and supports the diverse roles that moms play in the modern world. Looking ahead, the company will continue to create green, eco-friendly products that support #LegendaryMoms and accompany children to “Electrify Your Life” as they grow.

About Yadea
Yadea is a global leader in developing and manufacturing electric two-wheel vehicles including electric motorcycles, electric mopeds, electric bicycles and electric kick scooters. To date, Yadea has sold products to 60 million users in over 80 countries, and has a network of 40,000+ retailers worldwide. With a mission to help people “Electrify Your Life”, Yadea continues to invest in R&D, production and global expansion to build a shared and sustainable future for humankind.

For more information, visit our:
Official Website: https://www.yadea.com/
Facebook: https://www.facebook.com/Yadea.Official
Instagram: https://www.instagram.com/YADEA.GLOBAL/
Twitter: https://twitter.com/YadeaGlobal

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PR Newswire

ReneSola Power Appoints Ramnath Iyer as a Director

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STAMFORD, Conn., April 22, 2022 /PRNewswire/ — ReneSola Ltd (“ReneSola Power” or the “Company”) (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that Ke Chen has stepped down as a Director of the Company and that it has appointed Ramnath Iyer, Head of ESG Asia of Invartis Consulting, to its Board of Directors effective April 20, 2022. Ke Chen will remain serving in the capacity of Chief Financial Officer. 

Mr. Iyer brings extensive capital markets experience from his prior roles as portfolio manager to multiple international asset management firms, and strategist role at investment banks. In addition, Mr. Iyer brings significant knowledge and expertise on sustainability, environmental, social, and governance (ESG) from his current role as the Head of ESG Asia at Invartis Consulting where he helps institutional investors and buyside funds integrate ESG and sustainability practices into their investing processes. 

“We are pleased to welcome Ramnath as our fellow director”, Said Himanshu Shah. “His extensive experience in ESG complements our Board’s efforts to strengthen our sustainability practices around environmental stewardship, social responsibility, and corporate governance. We look forward to his many contributions.”

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across number of regions where the solar power project markets are growing rapidly and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York. For more information, please visit www.renesolapower.com.

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Source: ReneSola Ltd.

PR Newswire

DFRobot Launched Air, Environmental and Gas Detection Sensors for Industrial and Environmental Protection

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SHANGHAI, April 8, 2022 /PRNewswire/ — DFRobot launched a series of air, environmental and gas detection sensors. The Air Quality Sensor adopts the innovative TrueVOC technology combined with Metal Oxide (MOX) technology, which ensures the sensor has excellent accuracy, fast response and strong anti-interference performance. The Multifunctional Environmental Sensor adopts a more simplified and appropriate layout design and heat conduction, effectively ensuring data accuracy; The Gas Detection Sensor Series can detect 12 kinds of gas covering carbon monoxide, sulfur dioxide, hydrogen sulfide and other harmful gases. They provide important information for the environmental and industrial protection.

Gravity: Gas Detection Sensor Series
Gravity: Gas Detection Sensor Series

Gravity: Air Quality Sensor

Gravity: ENS160 Air Quality Sensor, based on ScioSense’s new ENS160 sensor chip, is specifically designed for indoor air quality monitoring and offers detection of multiple IAQ data (TVOC, eCO2, AQI). The innovative TrueVOC™ technology combines the metal oxide (MOX) technology that brings this sensor superior accuracy, fast response, anti-interference, etc. With intelligent on-chip algorithms, the ENS160 can directly output rich and easy-to-understand environmental data. The preheating time of the sensor is less than 3 minutes, which can obtain accurate data more quickly. The built-in automatic baseline calibration algorithm ensures the long-term stability of the sensor.

Gravity: Multifunctional Environmental Sensor

Gravity: Multifunctional Environmental Sensor is a 5-in-1 sensor that integrates temperature and humidity sensor, pressure sensor, light sensor, and ultraviolet sensor. It supports UART and I2C communication modes, two versions: Gravity and Fermion (breakout), and complete Arduino and Python libraries. It is exquisite and compact, suitable for indoor and outdoor environmental monitoring systems and other applications.

Gravity: Gas Detection Sensor Series

Gravity: Gas Detection Sensor Series can detect 12 kinds of gases covering oxygen, hydrogen, hydrogen sulfide, hydrogen fluoride, ozone, nitrogen dioxide, chlorine, ammonia, sulfur dioxide, hydrogen sulfide and carbon monoxide. It features strong anti-interference ability and high stability and sensitivity and supports three output modes: analog, I2C, and UART. The probe has been calibrated at the factory, which can quickly and accurately measure the concentration of gases in the environment. It can be widely used for detecting gas in industrial and environmental protection.

For more information about the new sensors, please visit: https://www.dfrobot.com/new-products

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PR Newswire

Our Planet, Our Health: Yadea Champions Sustainable Travel for a Healthier Future on World Health Day

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MUNICH, April 7, 2022 /PRNewswire/ — With the theme, “Our Planet, Our Health”, for this year’s World Health Day, Yadea, the world’s leading electric two-wheeler brand, is promoting the link between a healthier planet and the well-being of society, and advocating for a greener environment with sustainable transportation solutions.

“Spring is the time for new beginnings. This season, Yadea is encouraging people around the world to embrace the outdoors and get closer to nature with green transportation. From riding electric bikes with family and friends to promoting clean travel with electric scooters, we encourage everyone to embrace an active lifestyle and take action to create a greener future together,” said Aska Zeng, General Manager of Yadea.

There has been an increasing focus on global climate change, and Yadea has joined hands with communities and commercial organizations to protect our planet. The company has remained steadfastly committed to its mission to conserve energy and reduce CO2 emissions for a healthier planet and vigorous society. Over the past 21 years, the company has sold over 60 million electric vehicles, which in turn has helped reduce gas consumption by 9.84 million tons. This switch from traditional gas-powered vehicles to electric vehicles has also reduced CO2 emissions by 34.3 million tons, which is equivalent to planting 1.72 billion trees.

Electric-powered vehicles aren’t only good for the environment – they are beneficial for humans as well. With cutting-edge technology and products, Yadea enables riders to enjoy exploring nature with electric vehicles while maintaining a healthy lifestyle. Thanks to an impressive battery life and comfort-oriented design, Yadea’s electric two-wheelers are perfect for riders looking to explore a city’s hidden corners or venture further into nature. The majority of Yadea’s electric transportation solutions feature large-capacity lithium-ion batteries to ensure users go further with every ride. Meanwhile, ergonomic seating makes riding an absolute delight: in vehicles such as the Y1S, a double-seat cushion measuring 820mm in length provides unparalleled support for longer journeys.

Strong electric power means Yadea’s vehicles excel in performance. With Yadea’s flagship C1S series electric two-wheeler, riders can accelerate from 0 to 60km/h in an instant. Meanwhile, the 2200W motor allows for effortless riding and smart handling, even on steep slopes and rough terrain.

Yadea’s rich product lineup also includes electric bicycles that enable everyone to enjoy the health benefits of cycling. Yadea’s e-bikes feature an intelligent algorithm for efficient power enhancement, a self-developed mid-motor, and built-in triple sensing technology to aid with relaxed outdoor riding. Convenient for short trips and urban commutes, Yadea’s e-bikes are the perfect way to promote healthy activities that benefit people and the planet.

As people are gradually changing their lifestyles in ways they were not doing before, Yadea is proud and grateful to play a part in this trend and helping to “Electrify Your Life” with its industry-leading electric vehicles. Yadea continues to advocate for a healthier lifestyle and invites consumers to discover the benefits of green travel this World Health Day.

About Yadea

Yadea is a global leader in developing and manufacturing electric two-wheel vehicles including electric motorcycles, electric mopeds, electric bicycles and electric kick scooters. To date, Yadea has sold products to 60 million users in over 80 countries, and has a network of 40,000+ retailers worldwide. With a mission to help people “Electrify Your Life”, Yadea continues to invest in R&D, production and global expansion to build a shared and sustainable future for humankind.

For more information, visit our:

Official Website: https://www.yadea.com/

Facebook: https://www.facebook.com/Yadea.Official

Instagram: https://www.instagram.com/YADEA.GLOBAL/

Twitter: https://twitter.com/YadeaGlobal

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PR Newswire

Zendure’s Power Station Wins 2022 Red Dot Design Award

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SuperBase Pro 2000 scooped up the prestigious award after raising nearly $2M USD in crowdfunding.

PALO ALTO, Calif., March 26, 2022 /PRNewswire/ — Zendure, a Bay Area green tech company specializing in mobile power, has received a prestigious Red Dot Award for their new power station, SuperBase Pro 2000. The annual contest is conducted by Red Dot GmbH & Co. KG. Awards are given out each year in several categories, including product design, brands and communication design, and design concept. Zendure’s power station won the award in the product design category.

Zendure, a Bay Area green tech company specializing in mobile power, has received a prestigious Red Dot Award for their new power station, SuperBase Pro 2000.
Zendure, a Bay Area green tech company specializing in mobile power, has received a prestigious Red Dot Award for their new power station, SuperBase Pro 2000.

SuperBase Pro is touted as “the world’s fastest recharging IoT portable power station”. It has enough ports to power 14 devices at once, and It can be charged to 80% in just one hour. A full charge takes just two hours. The power station has wheels and an extending handle for easy portability, and has built-in IoT hardware lending SuperBase Pro a number of features that are not seen in similar products on the market. An intelligent companion app allows users to monitor and control their power station remotely, schedule recharging for off-peak hours, and even track their green energy usage and carbon offset.

The power station launched on Indiegogo last year and raised over $1.4 million USD. Last month, a crowdfunding campaign on Japan’s Makuake raised over $400,000 USD. SuperBase Pro also received a Good Design Award in Japan earlier this month. Backers have flocked to social media to share their unboxing experience and to express their enthusiasm for the product.

SuperBase Pro 2000 can be ordered from Zendure.com, with delivery to the US projected for the end of May.

Zendure is a portable power company with a focus on sustainable energy located in Silicon Valley in the United States and the Guangdong – Hong Kong – Macao Greater Bay Area in China. Since its establishment, Zendure has continuously launched innovative products, made rapid breakthroughs in the core technologies of energy storage and power supplies, and continues to bring pleasant surprises to the user experience. The company recently received a multi-million dollar series-A round of funding from a joint investment from Shanghai GP Capital and YOTRIO group.

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PR Newswire

ReTo Eco-Solutions, Inc. Subsidiary Receives Approval to Build Internet of Vehicle R&D Center and Recognition as a “Specialized and Innovative” Small and Medium-Sized Enterprise of Haikou City

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BEIJING, Feb. 17, 2022 — ReTo Eco-Solutions, Inc. (NASDAQ: RETO) ("ReTo" or the "Company"), a provider of technology solutions and operation services for intelligent ecological environments, announced today that ReTo’s subsidiary, Hainan Yile IoT Technology Co., Ltd. ("Yile IoT") and its subsidiary Hainan Yile IoV Technology Research Institute Co., have been approved by the Haikou Science and Industry Information Bureau to establish the "Haikou IoV Digital Applied Engineering Technology Research and Development Center" ("IoV Technology R&D Center"). Yile IoT was also recognized as a 2021 "Specialized and Innovative" Small and Medium-sized Enterprise in Haikou.

In response to Hainan Province’s science and technology innovation action plan, the IoV Technology R&D Center aims to further the future development of science and technology innovation in Hainan. As the first IoV science and technology innovation platform in the province, this center will be instrumental in consolidating the national resources of the IoV industry, continuing the research and development of key industrial technologies, accelerating the commercialization of technological achievements and developing technical services, business incubation, and innovative entrepreneurship.

The designation of a "Specialized and Innovative" Small and Medium-Sized Enterprise is awarded by Haikou City to enterprises operating in Haikou that are "professional, refined, specialized, and innovative." Following the issuance of the Implementation Plan for Promoting the Development of "Specialized and Innovative" Small and Medium-Sized Enterprises in Hainan Province by Hainan Provincial Industry and Information Technology Department in June 2021, the municipality of Haikou recognized Yile IoT in the first batch of "Specialized and Innovative" Small and Medium-sized Enterprises for its focus on market segments, emphasis on its core business, its strength in innovation, and its positive growth record.

Mr. Hengfang Li, Chairman and CEO of ReTo, commented: "Congratulations to Yile IoT for being recognized as a ‘Specialized and Innovative’ enterprise. This acknowledgement reflects recognition of Yile IoT’s business model and achievements in its field. Receiving the approval and beginning preparation work for the IoV Technology R&D Center mark an important milestone in the implementation of Yile IoT’s IoV business strategies，as Yile IoT focuses on the research, development, application and commercialization of IoV technologies, while providing customers with competitive, safe, and reliable products and solutions in the fields of IoV cloud services, intelligent terminals, and communication. The establishment of this center marks Yile IoT’s continued commitment to developing IoV technologies for residents and businesses in Hainan."

About ReTo Eco-Solutions, Inc.

Founded in 1999, ReTo Eco-Solutions, Inc., through its proprietary technologies, systems and solutions, is striving to bring clean water and fertile soil to communities worldwide. The Company offers a full range of products and services, ranging from the production of environmentally-friendly construction materials, environmental protection equipment, and manufacturing equipment used to produce environmentally-friendly construction materials, to project consulting, design, and installation for the improvement of ecological environments, such as ecological soil restoration through solid waste treatment. Through its subsidiary Yile IoT Technology Co., Ltd., a high-tech enterprise in Hainan Province and focusing on the research, development and application of IoT technologies, the Company provides products and scenario-based solutions and products for clients primarily in the automobile rental, ride sharing and logistic sectors in China. For more information, please visit: http://en.retoeco.com

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate," or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Specifically, forward looking statements include the establishment of the IoV Technology R&D Center, the furtherance of Yile IoT’s business strategies , the ability to realize the anticipated goals and benefits from the establishment of the IoV Technology R&D Center and the designation of Yile IoT as "Specialized and Innovative" Small and Medium-size Enterprise , the Company’s plans, objects, goals, and strategies and assumptions underlying such statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties including those discussed in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. These risks and uncertainties may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. Investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

ReTo Eco-Solutions, Inc.
Giorgio Zhao
Beijing Phone: +86-10-64827328
ir@retoeco.com or 310@reit.cc

 

PR Newswire

SK hynix Develops PIM, Next-Generation AI Accelerator

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SEOUL, South Korea, Feb. 16, 2022 — SK hynix (or "the Company", www.skhynix.com) announced on February 16 that it has developed PIM*, a next-generation memory chip with computing capabilities.

*PIM(Processing In Memory): A next-generation technology that provides a solution for data congestion issues for AI and big data by adding computational functions to semiconductor memory

 

SK hynix develops the first sample of GDDR6-AiM that adopts its PIM technology
SK hynix develops the first sample of GDDR6-AiM that adopts its PIM technology

It has been generally accepted that memory chips store data and CPU or GPU, like human brain, process data. SK hynix, following its challenge to such notion and efforts to pursue innovation in the next-generation smart memory, has found a breakthrough solution with the development of the latest technology.

SK hynix plans to showcase its PIM development at the world’s most prestigious semiconductor conference, 2022 ISSCC*, in San Francisco at the end of this month. The  company expects continued efforts for innovation of this technology to bring the memory-centric computing, in which semiconductor memory plays a central role, a step closer to the reality in devices such as smartphones.

*ISSCC: The International Solid-State Circuits Conference will be held virtually from Feb. 20 to Feb. 24 this year with a theme of "Intelligent Silicon for a Sustainable World"

For the first product that adopts the PIM technology, SK hynix has developed a sample of GDDR6-AiM (Accelerator* in memory). The GDDR6-AiM adds computational functions to GDDR6* memory chips, which process data at 16Gbps. A combination of GDDR6-AiM with CPU or GPU instead of a typical DRAM makes certain computation speed 16 times faster. GDDR6-AiM is widely expected to be adopted for machine learning, high-performance computing, and big data computation and storage.

*Accelerator: A special-purpose hardware made using processing and computation chips

*Graphics DDR (GDDR): a standard specification of graphics DRAM defined by the Joint Electron Device Engineering Council (JEDEC) and specialized for processing graphics more quickly, of which generation shifted from GDDR3, GDDR5 and GDDR5X to GDDR6. It’s now one of the most popular memory chips for AI and big data applications

 

SK hynix develops the first sample of GDDR6-AiM that adopts its PIM technology
SK hynix develops the first sample of GDDR6-AiM that adopts its PIM technology

GDDR6-AiM runs on 1.25V, lower than the existing product’s operating voltage of 1.35V. In addition, the PIM reduces data movement to the CPU and GPU, reducing power consumption by 80%. This, accordingly, helps SK hynix meet its commitment to ESG management by reducing carbon emissions of the devices that adopt this product.

SK hynix also plans to introduce a technology that combines GDDR6-AiM with AI chips in collaboration with SAPEON Inc., an AI chip company that recently spun off from SK Telecom.

"The use of artificial neural network data has increased rapidly recently, requiring computing technology optimized for computational characteristics," said Ryu Soo-jung, CEO of SAPEON Inc. "We aim to maximize efficiency in data calculation, costs, and energy use by combining technologies from the two companies."

Ahn Hyun, Head of Solution Development who spearheaded the development of the latest technology and product, said that "SK hynix will build a new memory solution ecosystem using GDDR6-AiM, which has its own computing function." He added that "the company will continue to evolve its business model and the direction for technology development."

About SK hynix Inc.

SK hynix Inc., headquartered in Korea, is the world’s top tier semiconductor supplier offering Dynamic Random Access Memory chips ("DRAM"), flash memory chips ("NAND flash") and CMOS Image Sensors ("CIS") for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

PR Newswire

SGS assesses that NaaS reduces Carbon Emissions by 896,800 tons a year

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BEIJING, Feb. 12, 2022 — It is commonly said that new energy vehicles (EV) promotes green energy and travel, so then just how much are emissions reduced by EVs, as compared to traditional internal combustion engine (ICE) vehicles? Recently, NaaS (the "Company"), one of China’s leading new energy operations and technology providers, revealed the answer by enabling the transition from ICEs to EVs and facilitating the aforementioned emissions and carbon reduction, receiving recognition from the international testing agency SGS for the amount of emissions reduced in the process. According to SGS’s "Assessment Report of Greenhouse Gas Emission Reductions on Alternative Traveling by NaaS Electric Vehicles" (the "SGS Assessment Report"), in 2021, NaaS, through the Company’s cooperation with Kuaidian and other partners, provided charging services that reduced carbon emissions by 896,800 tons, based on emissions of 661,100 tons versus the 1,557,9000 tons that would have been emitted by traditional ICEs for the same distances travelled.   

The SGS Assessment Report relied on the Clean Development Mechanism (CDM), the 2006 IPCC Guidelines for National Greenhouse Gas Inventories, and the China Certified Emission Reduction (CCER)’s related process and methodologies to make the assessment, and primarily focused on the greenhouse emissions related to EVs that used NaaS’ partner Kuaidian’s related charging services.

Recently, the global adoption of EVs has reached a breakthrough. In 2021, China’s EV sales and penetration rate continues to grow rapidly month on month, and the market has reached a stage of explosive growth. According to statistics from the Public Security Bureau, at the end of 2021, the total number of EVs in China reached 7.84 million, representing 2.6% of all automobiles, and an increase of 59.25% year on year. According to the China Passenger Cars Association (CPCA)’s latest projections, total sales of new EVs is expected to exceed 6 million in 2022, representing a market penetration rate of approximately 22%. In addition, based on the Ouyang Team’s analysis and estimates, China’s new EV sales will reach between 17 million and 19 million by 2030.  In terms of total number of EVs on the road, total EVs in China will reach approximately 100 million by 2030, nearly 200 million by 2035, and nearly 300 million by 2040.   

Based on the expected increase in the number of EVs on the road in China, it can be anticipated that the trends driving the transition from ICEs to EVs will continue to strengthen, and bring with it an increasingly strong decarbonization effect. These trends also mean that the market for EV charging services in China have tremendous room for growth and potential for development. NaaS, as an enabler and strong supporter of EV adoption and the government’s "Dual Carbon" goals, provides the charging infrastructure and services that enables green energy and travel. NaaS, through the Company’s electric charging partners, reliable technology, and strong operational capabilities, will continue to contribute strongly to the decarbonization of transportation services. 

As an EV charging operations and technology provider, NaaS services China’s fast public charging network by providing software services, hardware and equipment, and integrated technical support, and is a preferred partner within the EV charging industry. NaaS aims to make EV charging more convenient, faster, and the experience better, and enable all members of the industry value chain to improve efficiency and effectiveness. The Company aims to raise the utilization rates of chargers as part of the structural adjustments in China’s energy industry, and help realize "Carbon Neutrality" in the process.

SGS is an organization with over 140 years of history in testing, inspection and certification, and is headquartered in Switzerland. SGS is globally recognized for quality and trusted standards assessment. SGS has for six continuous years been included in the Dow Jones Sustainability Indexes, and for the past three years in the FTSE ESG index. SGS has over 96,000 employees globally in 2,600 related branch organizations and laboratories. In China, SGS’ services already cover the apparel and shoe industry, electronics, agriculture, food and beverage, chemicals and petroleum, mining, environmental, transportation and e-commerce industries’ upstream and downstream supply chain.  

About NaaS

Established in 2019, NaaS is one of China’s leading new energy operations and technology providers. NaaS is China’s leading comprehensive EV charging service platform and is servicing China’s fast charger network with over 175,000 fast chargers. NaaS also offers hardware, software, and technology services and solutions to charger operators and works with all members of the EV charging value chain. NaaS aims to make EV charging easier, better, and more efficient for all stakeholders, and to promote and ensure decarbonization and carbon neutrality throughout the automotive value chain.

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Zendure Launches ZenPoints Rewards System

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Fans and repeat customers can redeem points for Zendure products, exclusive offerings, and more.

PALO ALTO, Calif., Feb. 12, 2022 — Zendure, a green energy tech company from Palo Alto, has announced their new "ZenPoints" rewards system. People can earn ZenPoints by purchasing Zendure products or participating in online social activities.

Zendure, a green energy tech company from Palo Alto, has announced their new “ZenPoints” rewards system. People can earn ZenPoints by purchasing Zendure products or participating in online social activities.
Zendure, a green energy tech company from Palo Alto, has announced their new “ZenPoints” rewards system. People can earn ZenPoints by purchasing Zendure products or participating in online social activities.

ZenPoints can be used to purchase products from Zendure’s website, at an exchange rate of one US dollar for every 100 points. Points can also be redeemed for exclusive Zendure offerings, including brand gear and collectibles.

Zendure manufactures and sells a wide variety of portable charging and green energy products, including power banks, solar panels, power stations, and travel adapters. The company set up a camping-themed booth at CES 2022 is Las Vegas to show off SuperBase Pro, their largest power station, which raised over $1.3 million USD in crowdfunding. Zendure also demoed their upcoming Passport III travel adapter and M Series mini power station.