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PR Newswire

THE FUTURE OF NON-TERRESTRIAL INFRASTRUCTURE: SCEYE DEMONSTRATES BREAKTHROUGH DIURNAL FLIGHT IN THE STRATOSPHERE WITH RENEWABLE ENERGY

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ROSWELL, N.M., Aug. 19, 2024 /PRNewswire/ — Sceye, an aerospace company with a background in material science and manufacturer of High-Altitude Platform Systems (HAPS), announced today that it completed a full diurnal flight in the stratosphere while staying over an area of operation. This is a critical milestone towards long-duration flights of months or years by using of solar power through daylight hours, and battery capacity enabling overnight flight through solar recharge the next morning. The HAPS launched at 7:36 AM MST on August 15th from the company’s New Mexico facility and landed at 12:21 PM MST the following day after the flight test points were completed.

THE FUTURE OF NON-TERRESTRIAL INFRASTRUCTURE: SCEYE DEMONSTRATES BREAKTHROUGH DIURNAL FLIGHT IN THE STRATOSPHERE WITH RENEWABLE ENERGY
THE FUTURE OF NON-TERRESTRIAL INFRASTRUCTURE: SCEYE DEMONSTRATES BREAKTHROUGH DIURNAL FLIGHT IN THE STRATOSPHERE WITH RENEWABLE ENERGY

“This is a significant milestone for the Sceye team, towards opening up vast opportunities in the stratosphere, building an entirely new layer of infrastructure between drones and satellites,” said Sceye CEO and Founder, Mikkel Vestergaard Frandsen. The ability to stay in the stratosphere for long durations over an area of operation offers a unique vantage point for detecting climate disasters in real time like wildfires and methane leaks, as well as connectivity to the billions of unconnected which conventional infrastructures cannot serve.

Today’s launch furthered all key stratospheric objectives of the Sceye 2024 test program, including demonstrating diurnal flight, controlled relocation, and the ability to stay over an area of operation. The completion of these objectives will allow Sceye to initiate commercial use cases.

“The flight was an important demonstration of our platform’s performance and resilience. I’m looking forward to seeing the growth and capabilities scale with each and every flight that follows,” said Stephanie Luongo, Sceye Chief of Mission Operations.

Sceye has completed twenty test flights, with two additional test flights planned for 2024, further maturing the platform in preparation for commercialization.

The flight carried an advanced payload suite consisting of instruments for addressing some of humanity’s  most critical issues : stereo-optical cameras, for creating precise elevation models used to understand disasters such as floodings and earthquakes and how to mitigate them; infrared cameras to allow for prediction and detection of wildfires and to detect methane leaks in real time, representing two significant sources of global warming. The payload also included synthetic aperture radar that allows the platform to see through clouds and observe the planet’s most vital systems in any weather and time of day.

About Sceye

Sceye is an aerospace company founded in 2014 to unleash the possibilities in the stratosphere by uplifting and connecting all people and protecting our planet. The company is leading the industry of High-Altitude Platform Systems (HAPS) to provide universal and equitable connectivity, improve climate change monitoring, natural resource stewardship, wildfire detection and better detect and contain disasters before they spiral out of control.

Press Inquiries:
Kristian Ullum Vind
press@sceye.com

PR Newswire

Ateios Systems Unveils RaiCore™ Electrode to Build the World’s First PFA-Free, High-Performance LCO Battery

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Sample Packs Now Available to Device Developers

SILICON VALLEY, Calif., July 10, 2024 /PRNewswire/ — Ateios Systems, a manufacturer of battery components, today announced the release of RaiCore™ High-Voltage Lithium Cobalt Oxide (HV LCO) electrodes, enabling the world’s first perfluoroalkoxy-free (PFA), rechargeable LCO battery.

Functional battery prototypes using RaiCore™ provide the following:

  • 15-20% More Energy Density over Standard LCO
  • >80% Capacity Retention after 1000 cycles at 1C & 100% Depth of Discharge
  • Free from PFAs or forever chemicals
  • Competitive Pricing with Cobalt-based Electrodes

The groundbreaking innovation lies in Ateios’ RaiCure™ technology, a chemistry-agnostic manufacturing process that utilizes energy-curable, PFA-free polymers to replace traditional thermal-curable polymers. The platform process produces electrodes with high-energy density, high quality, and lower manufacturing costs to assemble batteries with enhanced performance, cost reduction, and compliance with environmental regulations.

Nearly one-third of the lithium-ion battery market today is used on products such as smartphones, wearables, power tools, drones, and many more. “RaiCore offers the battery industry and its allied sectors a transformative, scalable solution addressing critical challenges in performance, supply chain, and regulatory compliance,” said Dr. Rajan Kumar, CEO and Founder of Ateios Systems.

Ateios is partnering with versatile companies, such as Softmatter, a softgoods technology company, to integrate RaiCore into various form factors including wristables and AR/VR devices. “Power has long been the main hindrance to our efforts to create products that optimize the user experience. We see RaiCore-enabled batteries as the first step in creating a portfolio of next-to-skin solutions that enable our consumers to experience conformal power systems,” said Ulysses Wong, CEO of Softmatter.

Ateios Systems is offering sample packs to device developers for performance evaluation and integration into scalable solutions, collaborating with partners such as Softmatter. Additionally, Ateios Systems is conducting multiple pilots with battery assemblers worldwide to integrate RaiCore electrodes into their existing battery product lines and form factors.

To request a sample of RaiCore electrodes or batteries charged with RaiCore, email sales@ateios.com.

About Ateios Systems:
Ateios Systems pioneers advancements in battery technology with its groundbreaking RaiCure™ platform. This innovative technology produces battery components with enhanced performance, cost reduction, and minimizing environmental impact. Ateios can work with partners throughout the entire battery development cycle from inception to production to produce large-scale, high-quality battery components. For more information, visit www.ateios.com

About Softmatter:
Softmatter, part of MAS Holdings, is a textile technology company that intertwines elements, that embody human experience and technology. Driven by this vision, the company works towards crafting complete next-to-skin solutions that transform the way humans live. As a smart soft goods expert, they aim to transform every textile you interact with and everything you wear, into a seamless source of data and integrated technology, to revolutionize the future of wearables. For more information, visit www.softmatter.io

Source: Ateios Inc.

PR Newswire

Expands into New Energy with Strategic JV and Launches New Charging Solutions

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HONG KONG, June 18, 2024 /PRNewswire/ — Foxconn Interconnect Technology Ltd (“FIT”, listed on the Hong Kong Stock Exchange under 6088), a subsidiary of Hon Hai (TW.2317), is expanding its presence in the electric vehicle (EV) sector. Following the acquisition of Germany’s SWH Group in 2023 and the launch of the Voltaira brand for its mobility solutions portfolio, FIT Hon Teng has formed a joint venture with XYPower Technology Co., Ltd., establishing FXNWING New Energy Technology Co., Ltd. (“FXNWING”) to enter the EV charger market.

XY Power, based in Xi’an, specializes in EV charging and energy storage systems. With over 25 years of experience, their expertise in power module design will enhance FXNWING’s production capabilities. Combined with FIT Hon Teng’s manufacturing strengths, this partnership aims to deliver top-notch charging  and energy restorage solutions globally. With growth potential in the EV market, FIT will continue to partner with core technical experts to leverage business opportunities by shortening development times and enhancing the solution packages.

Along with the One-FIT strategy, the strong cooperation between FXNWING and Voltaira has resulted in a new series called Voltaira AC and DC chargers. The debut product Voltaira Anoles AC charger offer 7kW and 22kW charging power and has won the 2024 IF Product Design Award by featuring its interchangeable covers and easy cable and socket replacement to comply with various international standards. Its modular design and improved heat dissipation make it adaptable to different environments.

At Europe’s largest smart energy exhibition, Smarter E Europe, on June 19-21, 2024, visitors were able to explore the Voltaira Royal Series. Targeting the Middle East and North Africa (MENA) market, the Royal Series includes DC fast charging stations and AC chargers for commercial and residential use. Designed for harsh climates, these products feature robust protection and intelligent power distribution to achieve high efficiency and reduce operational costs.

FXNWING’s innovation is further evidenced by the FitPile,the mini DC which has won a Red Dot Design Award. This recognition highlights FIT Hon Teng’s commitment to innovation and technical excellence.

Visit us at Messe München, Germany (MESSE) C6.635.

About FIT (Foxconn Interconnect Technology) Hon Teng (HK.6088)

Foxconn Interconnect Technology (FIT), listed on the Hong Kong Stock Exchange, focuses on precision design and manufacturing of connector products as its core. FIT continues to explore 5G AIoT, EV mobility, and audio applications areas, stepping into consumer brand operations. For more information about FIT, please see: www.fit-foxconn.com.

Email: fit-ir@fit-foxconn.com                      sales-usa@fit-foxconn.com

PR Newswire

SONATRACH and Huawei Jointly Innovate a Smart Oil and Gas Pipeline Fiber Sensing Inspection Solution

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BARCELONA, Spain, March 5, 2024 /PRNewswire/ — At the MWC Barcelona 2024, SONATRACH, the state-owned oil company of Algeria shared the achievements of the smart oil and gas pipeline fiber sensing inspection solution deployed with Huawei. The solution ensures high security, intelligence, and high efficiency of pipelines through automated pipeline inspection, which is enabled by distributed fiber optic sensing technology.


As a key contributor in the oil industry of Algeria, SONATRACH runs about 43 oil and gas pipelines, accompanying with 14,000 km optical cables. Traditional manual inspection is costly and inefficient, and it is difficult to obtain the pipeline running status 24/7 in real time. The SONATRACH Joint Innovation Center hopes to work with Huawei and other partners to reduce O&M costs, proactively warn pipeline damage, and quickly locate fiber cuts using innovative technologies.

Huawei has developed an innovative pipeline fiber sensing solution using the distributed fiber optic sensing technology. In the solution, Huawei OptiXsense EF3000 (an optical sensing device) is deployed to implement 24/7 high-precision automatic pipeline inspection and warning.

The smart oil and gas pipeline fiber sensing inspection solution is based on Huawei’s optical fiber sensing solution and live-network service management process. When external construction occurs around a pipeline, the accompanying optical fiber deployed along the pipeline collects vibration information and transmits the information to the optical sensing device deployed in a station or block valve station (BVS) equipment room, thereby achieving precise positioning.

Joint innovation practices show that the fiber warning solution has excellent performance in pipeline inspection scenarios, for example:

  1. Different events such as fiber cuts, manual excavation, and mechanical excavation can be accurately analyzed, so that a valid site visit can be arranged.
  2. The alarm accuracy is high, with a false positive rate of only 0.012 times/km/day. All alarms within 2 meters above the optical fiber can be reported normally.
  3. The positioning capability is powerful. The average positioning error is less than 10 meters, and the GIS location information on the optical cable map is accurate.

Sana Lallali, manager of SONATRACH Joint Innovation Center, said, “Fiber Sensing Inspection Solution helps solve problems such as difficult manual inspection and slow risk identification. We are satisfied with the joint innovation achievements with Huawei. We hope to further cooperate with Huawei to promote the intelligent transformation of the oil industry.”

PR Newswire

Non-flammable battery now available to public; promises to end e-bike fires

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New 18650 Nanotech Energy cell harnesses graphene and US manufacturing to power unprecedented era in battery technology

SUNNY ISLES BEACH, Fla., Dec. 29, 2023 /PRNewswire/ — American consumers can now eliminate the risk of devastating e-bike battery fires after Nanotech Energy’s inherently safe 18650 cells went on public sale through its commercialization partner Voltaplex.

The cells, which are currently available for pre-order, bring together Nanotech Energy’s electrolyte and proprietary electrodes with Soteria metallized polymer current collectors to make a major advance in battery technology. The result is a 100% American-made non-flammable lithium-ion battery pack that has shown its strength and resilience by surviving a remarkable abuse test involving a 4.5BRA bullet shot at a speed of 2,917 feet per second.

The cells available from the Voltaplex website are suitable for e-bike, robotics, medical, and military applications. They are manufactured exclusively in Nanotech Energy’s new 50,000ft2 Chico 2 production plant in Chico, CA.

Curtis Collar, Chief Sales and Marketing Officer at Nanotech Energy, said: “Every month in 2023, we’ve read about the devastating impact of huge fires caused by cheap, dangerous batteries that have cost people their homes, their businesses, and even their lives. Today, we say enough is enough.”

Brian Morin, CEO at Voltaplex and Soteria “It has been a privilege to work with the talented team at Nanotech to help develop this groundbreaking American-made battery cell. Combining Nanotech’s non-flammable electrolyte with Soteria’s current collector that acts like a fuse inside the battery provides a unique combination of safety in a cell that can take tremendous damage without igniting. With over 100 companies having already preordered the cell, we look forward to working with the industry to implement this new level of safety. “

To pre-order your safe cells, please visit https://voltaplex.com/preorder

About Nanotech Energy
Nanotech Energy is on a mission to bring transformative, graphene-based, energy storage products from the research lab to the mass market. Its very high surface area, single layer graphene material is already being used in multiple applications, including non-flammable lithium-ion batteries, transparent conducting electrodes, conductive inks, printed electronics, conductive epoxy, antistatic coatings and EMI (electromagnetic interference) shielding.

Founded in 2014 by Dr. Jack Kavanaugh and noted UCLA scientists, Dr. Richard Kaner and Dr. Maher El-Kady, Nanotech Energy is headquartered in Los Angeles and is a privately held company backed by Multiverse Investment Fund, Fubon Financial Group, and other strategic investors. Learn more at https://nanotechenergy.com.

Source: Nanotech Energy Inc.

PR Newswire

EVE Energy Brings Battery Products Showcase for China International Supply Chain Expo

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BEIJING, Dec. 2, 2023 /PRNewswire/ — EVE Energy Co., Ltd., (“EVE Energy”) a leading global lithium-ion battery manufacturer, presents its cutting-edge consumer, power, and energy storage battery products in the inaugural China International Supply Chain Expo (CISCE) 2023 in Beijing, to demonstrate its commitment to low-carbon emissions and sustainable industry practices.

Immersion Cooling Battery Pack
Immersion Cooling Battery Pack

EVE Energy has been focusing efforts on advancing green energy applications in smart homes, urban transportation, and the energy internet sectors. This approach has been part of EVE Energy’s broader strategy to facilitate the low-carbon transformation of various industries and contribute to building a greener industrial ecosystem. At CISCE 2023, EVE Energy is taking a significant step in sharing a new approach to industry-wide carbon reduction, focusing on comprehensive solutions for consumer, power, and energy storage field.

Centered around the theme “EVE Energy is always by your side“, the company’s booth, located at Booth H21 in Hall W4 (Intelligent Automotive Chain) at China International Exhibition Center (Shunyi Venue) in Beijing, immerses visitors in scenarios of intelligent transportation and smart living. The display includes a diverse array of products, such as, medical batteries, consumer batteries, power batteries, energy storage batteries, battery systems, and three-dimensional models of energy storage containers. Additionally, EVE Energy shares insights into its dual carbon practice and industrial chain layout.

EVE’s consumer batteries are known for their long life, high reliability, enhanced safety, and low discharge rates. Recognized by various industry customers for their high quality and comprehensive solutions, EVE has supplied over 1.7 billion smart meter batteries worldwide, leading in sales and exports for six consecutive years in China. EVE’s consumer lithium-ion products are trusted by top-tier global brands, and its cylindrical batteries power prominent power tool and electric two-wheeler brands.

Also highlighted at the exhibition are its innovative Mr. Big energy storage product, previously showcased at RE+ 2023 in the US, as well as its signature Immerision Cooling Battery Pack, previously showcased at IAA 2023 in Germany. The Immersion Cooling Battery Pack is applied to sedans and PHEVs with high safety, high power and ultra-fast-charging characteristics. The battery pack can be charged from 10%-80% SOC in just 9 minutes which has improved 55%. 

With 22 years of dedication to the lithium battery field, EVE Energy has mastered core technologies in consumer, power, and energy storage batteries, offering comprehensive solutions widely applied in the Internet of Things and Energy Internet domains. The company has established a full industry chain layout, spanning from nickel-cobalt-lithium mining to battery materials, production, recycling, and remanufacturing, positioning itself as a globally influential lithium battery platform company.

In its quest to build a low-carbon industrial infrastructure, EVE Energy has adopted a “next-door supply” strategy, recycling materials from spent batteries to reduce resource waste. The company’s technological innovations have increased the recovery rate of valuable metals and expanded industrial chain cooperation in resource recycling. In November 2022, EVE Power, a subsidiary of EVE Energy, received carbon-neutral certification for its eleventh factory in Hubei. Leveraging its expertise in building zero-carbon factories, EVE Energy aims to complete three such facilities by 2025. Additionally, the construction of EVE Energy’s environmentally friendly battery factory in Hungary, slated for completion in 2026, will incorporate solar and energy storage systems, promoting efficient use of clean energy and advocating for green electricity production to continually manage carbon emissions.

For more information about EVE Energy, please visit https://www.evebattery.com/en.

About EVE Energy

Founded in 2001 and listed in Shenzhen in 2009, EVE Energy has developed into a global player in the market, providing core technologies and comprehensive solutions for both consumer and power batteries, especially in the Internet of Things and the Energy Internet. Currently, EVE Energy has set up a research institute with 60 doctors and over 5,300 interdisciplinary R&D engineers in materials, electrochemistry, structure design, and electronic circuit design, obtained over 6,700 patents in China. The company launched a carbon reduction roadmap with a series of low-carbon reduction efforts in energy use, the manufacturing process, the supply chain, and resource management, and was named a “National Green Factory.”

PR Newswire

JinkoSolar to participate at COP28 United Nations climate conference

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SHANGRAO, China, Nov. 30, 2023 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced its participation at the COP28 United Nations climate change conference taking place in Dubai from November 30th to December 12th, underlining its leadership role in the solar energy sector and its commitment to addressing the challenges posed by global warming on a global scale.

This year’s COP28 motto “Partnership Promotes Progress”, could not be more accurate. “Collaborative action is urgently needed to deliver an equitable energy transition. COP28 provides an excellent forum for real progress to be made towards climate action,” stated Dany Qian, Vice President of Jinkosolar. She added, “Increasing global temperatures and environmental disasters show that we are already behind schedule. Any extra barriers to halt the progress doesn’t make sense. Every decision we make and action we take must be for the benefit of everyone on earth. “

As a full participant in the efforts to combat global warming, the Company will have a presence at the main conference and deliver a keynote speech titled ‘Solar is all, solar is for all’ in a series of key side events, engaging with all stakeholders to provide concrete actions for a just, equitable and affordable energy transition for all.

Jinkosolar is committed to accelerating transitioning to a world powered by more sustainable energy. Through its innovative technologies, extensive experience and a proven deliverable strategy, the Company is helping to make solar the answer to climate change.

As the world’s first solar company joining RE100 and EP100, Jinkosolar has committed to power 100% of its own business activities along its entire value chain with renewable energy by 2028.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.

JinkoSolar had 14 productions facilities globally, 24 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, the United Arab Emirates, Denmark, Indonesia, Nigeria and Saudi Arabia, and global sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of September 30, 2023.

To find out more, please see: www.jinkosolar.com

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: pr@jinkosolar.com  

Source: JinkoSolar Holding Co., Ltd.

PR Newswire

“Industrial Finance Empowerment, Cohesion and Win-win” – The Fourth China-Korea-Japan Asset Management Summit Forum Draws to a Successful Close

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CHANGZHOU, China, Nov. 28, 2023 /PRNewswire/ — To cope with the new economic changes in the world and create a new economic development pattern in the Asia Pacific region, the 4th China-Korea-Japan Asset Management Summit Forum was held on November 22 in Zhonglou District, Changzhou, Jiangsu Province. The forum convened under the theme “Industrial Finance Empowerment, Cohesion and Win-win”. Representatives of multiple institutions, business leaders, experts and scholars from China, South Korea, and Japan were invited. In-depth exchanges and discussions were held on topics of China-Korea-Japan economic and trade cooperation and cross-border investment under the new situation, further development of industries assisted by diversified capital, and new trends in the development of asset management industries. Sheng Lei, Mayor of Changzhou Municipal People’s Government, attended the event and witnessed the contract signing. Yuan Huaizhong, Chairman of Beijing ALAN Asset Management Co., Ltd. (ALAN AMC), Lee Seung Lyul, President of Hana Bank, and Takakura Toru, President of Mitsui Sumitomo Trust Holdings, delivered speeches. Zhou Chengtao, the Secretary General of Changzhou Municipal People’s Government; Liu Min, Director of Changzhou Municipal Local Financial Supervision and Administration Bureau; and leaders of Zhonglou District including Shen Dong, Li Chaokun, Wang Xufeng, and Wu Wei attended the event.

This forum is co-organized by the People’s Government of Zhonglou District, Changzhou Local Financial Supervision and Administration Bureau, and Beijing ALAN AMC, with the cooperation of Hana Financial Group, Sumitomo Mitsui Trust Holdings, and Changzhou Zhonglou Jinlong Holding Group Co., Ltd. The forum was simultaneously live-streamed online on multiple platforms, including Beijing Private Equity Association (BPEA), Yicai.com, IFENG.com, Sina.com, hexun.com, Chinese Venture, PEdaily.cn, Chinaventure.com.cn, and Ruisi China.

The forum started with an opening speech by Li Chaokun, the mayor of the People’s Government of Zhonglou District, Changzhou City. Li stated that Zhonglou District was implementing the city’s “532” development strategy, focusing on the overall layout of the city’s “double-city” and “double-capital” construction. It is fully implementing the “dual-core linkage” strategic deployment of the “two lakes” innovation zone and the old downtown area and promoting the construction of first-class modern urban areas in the Yangtze River Delta with high quality to contribute to the entire region. He said that Zhonglou District would always adhere to the main theme of open cooperation, focus on the overall goal of financial services for the real economy, firmly adhere to the good practice of combining industry and finance, and strive to create a “Zhonglou model” of industry-finance combination, to help the “Trillion GDP city” become more convincing and efficient.

Yuan Huaizhong, Chairman of Beijing ALAN AMC, said in his speech that in the future, they would continue to actively leverage their international advantages, follow the strategic requirements of China’s high-quality economic development, actively invest in cutting-edge fields such as technological innovation, green transformation, industrial upgrading, and ESG, and play a guiding role in resource allocation with funds. “Changzhou, located in the core area of the Yangtze River Delta, has unique geographical advantages, a friendly business environment, and a complete industrial cluster. In the future, we hope to integrate more resources from South Korea and Japan and high-quality domestic financial resources into Changzhou and Zhonglou District, empowering industrial development.”

Lee Seung Lyul, President of Hana Bank, talked about Hana Finance’s global business. Together with ALAN AMC, they particularly regard China as the core country in the global market and work with Chinese partners such as ALAN AMC to gain success and profits in the Chinese market. He stated that the theme of this forum – “Industrial Finance Empowerment, Cohesion and Win-win” – perfectly matches the core vision of asset management industry development. He hoped that in the future, the cooperation between China, South Korea, and Japan in the financial field could be further strengthened, thus providing important support for the economic development in Asia.

Takakura Toru, President of Mitsui Sumitomo Trust Holdings, said in his speech that the “Era of 100-year life” was a social problem that all countries in Asia will face, also an area where trusts can play the added value. The scale of Japan’s real estate investment market (including REIT and private equity funds) is currently over JPY55 trillion (approximately CNY 2.7 trillion), which is continuously expanding, providing abundant investment opportunities. There are also challenges in the transformation. Sumitomo Mitsui Trust Holdings hoped to promote global common prosperity by solving social issues and striving to contribute to further developing asset management markets in China and Asia.

At the opening ceremony, the People’s Government of Zhonglou District signed a strategic cooperation framework agreement with ALAN AMC, pledging to make the investment more free and convenient, attract more foreign investment, help put more high-quality funds in science and technology innovation, green, and digital industries, and promote the high-quality development of the real economy.

Experts from China, South Korea, and Japan shared exciting information on the economy, society, and population in the forum. The three round-table forums held in-depth and high-quality discussions on topics of China-Korea-Japan economic and trade cooperation and cross-border investment under the new situation, the in-depth development of industries assisted by diversified capital, and new trends in the development of asset management industries, respectively. The forum actively explored investment opportunities of “Industrial Finance Empowerment, Cohesion and Win-win” to jointly create a new pattern of economic development in the Asia Pacific region. So far, the 4th China-Korea-Japan Asset Management Summit Forum has reached a successful conclusion!

The economic pattern has experienced great changes over the unprecedented transition in the last century, affecting the process of globalization. It has been a long and arduous journey for China, South Korea, and Japan to work together for a common destiny and promote joint development. We hope this forum can build a bridge for further exchanges and cooperation between China, South Korea, and Japan in the future. The three countries can enhance understanding, strengthen exchanges, and promote exchanges and cooperation in higher levels and broader fields.

Source: Beijing ALAN Asset Management Co.ltd.

PR Newswire

Emeren Announces Third Quarter 2023 Financial Results

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STAMFORD, Conn., Nov. 22, 2023 /PRNewswire/ — Emeren Group Ltd (“Emeren” or the “Company”) (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced its unaudited financial results for the third quarter ended September 30, 2023. Emeren’s third quarter 2023 financial results and management commentary can be found by accessing the Company’s shareholder letter on the quarterly results page of the Investor Relations section of Emeren Group Ltd’s website at https://ir.emeren.com/.

Emeren Group Ltd will host a conference call today to discuss the results. 

Conference Call Details

We will host a conference call today to discuss our third quarter 2023 business and financial results. The call is scheduled to begin at 5:00 p.m. U.S. Eastern Time on Tuesday, Nov 21, 2023.

Please register in advance to join the conference call using the link provided below and dial in 10 minutes before the call is scheduled to begin. Conference call access information will be provided upon registration.

Participant Online Registration:  
https://register.vevent.com/register/BI6944c83bc2164d9997e83efdf0f3e6ae

Audio-only Webcast:
https://edge.media-server.com/mmc/p/tm2gvazf

Additionally, an archived webcast of the conference call will be available on the Investor Relations section of Emeren Group Ltd’s website at https://ir.emeren.com/.

About Emeren Group Ltd
Emeren Group Ltd (NYSE: SOL) is a leading global solar project developer, owner, and operator with a pipeline of projects and IPP assets totaling over 3 GW, as well as a storage pipeline of over 10 GWh across Europe, North America, and Asia. The Company focuses on solar power project development, construction management and project financing services with local professional teams across multiple countries. For more information, go to www.emeren.com.

PR Newswire

Panduit Australia Launches Panduit™ Uninterruptible Power Supply

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Panduit delivers highly efficient and reliable power protection for IT equipment

MELBOURNE, Australia, Nov. 10, 2023 /PRNewswire/ — Panduit Australia releases Panduit™ Uninterruptible Power Supply (UPS), delivering highly efficient and reliable power that provides protection and backup power for users’ computer IT equipment. Panduit UPS offers excellent electrical performance, intelligent battery management and long lifespan (lithium-ion units), enhanced intelligent monitoring, and network functions. Compliant with ENERGY STAR® 2.0, EMC, and safety standards, Panduit UPS meets the continually growing power demands of data centre, enterprise, and Edge IT equipment.  

Panduit UPS
Panduit UPS

Panduit UPS
Panduit UPS

The rack-mounted Panduit UPS portfolio focuses on high reliability, density, efficiency, and secure manageability, backed by an experienced global support team. This UPS range offers models with varying power ratings, configurations, and batteries to meet users’ specific needs. The offerings include 1-3 kVA line interactive and double conversion with lithium-ion battery, 1-3 kVA, 5-10 kVA, and 10/15/20 kVA double conversion with lead acid battery.

The Panduit Intelligent UPS system interfaces with Panduit’s Cloud Next Generation DCIM solution to manage, monitor, and control power, environmental, security, connectivity, and IT assets. Panduit Cloud collects and processes real-time data to closely oversee these channels and sends alerts for potential failures to reduce the risk of costly outages. To learn more about Panduit Cloud Next Generation DCIM please visit https://pages.panduit.com/apac-smartzone-cloud.html.

Panduit also offers many Panduit™ UPS accessories including external battery packs, battery cartridges, intelligent network management cards, environmental and security sensors, and a relay card.

-more-

“Panduit UPS provides the global market with intelligent, reliable, and efficient infrastructure solutions for IT equipment and applications”, says Panduit UPS Product Manager Alan Burkel. “Panduit is excited to deliver this new offering of uninterruptible power supply hardware to an expanding industry with growing trends of distributed compute and enterprise data centre modernization. It allows Panduit to be a one-stop-shop for customers interested in infrastructure solutions.”

The new Panduit ™ UPS product family rings in a new era of intelligent power. To learn more about the Panduit UPS Intelligent Power Solution, please visit https://pages.panduit.com/apac-smartzone-ups.html.

About Panduit

Since 1955, Panduit’s culture of curiosity and passion for problem-solving have enabled more meaningful connections between companies’ business goals and their marketplace success. Panduit creates innovative electrical and network infrastructure solutions for enterprise-wide environments, from the data center to the telecom room, from the desktop to the plant floor. Headquartered in Tinley Park, IL, USA, and operating in112 global locations, Panduit’s proven reputation for quality and technology leadership, coupled with a robust partner ecosystem, helps support, sustain, and empower business growth in a connected world. For more information, visit www.panduit.com.

CONTACT:
Aleks Stefanovic
aleksandar.stefanovic@panduit.com