Tag Archives: UTI

Technology and Art of Light in the Spotlight: Artists from around the World Gather at Shenzhen International Light Art Forum

SHENZHEN, China, Feb. 26, 2021 — The 1st Shenzhen International Light Art Forum, one of the most important events of GLOW SHENZHEN 2020, was successfully held on February 24, 2021. With guidance from the Urban Administration and Law Enforcement Bureau and the Commerce Bureau of Shenzhen Municipality and support from Shenzhen International Investment & Promotion Association, the forum was hosted by IDG World Expo China Co.,Ltd., organized by IDG ASIA Accelerator, and attended by representatives of relevant departments and enterprises together with experts and artists in fields of light & shadow, art and new technology. Jian Zheng, Deputy Director of the Commerce Bureau of Shenzhen Municipality; Zhou Yaowei, Official of the Shenzhen Urban Administration and Law Enforcement Bureau; and Zhu Dongfang, President of IDG ASIA, addressed the forum respectively.

With an array of keynote speeches and roundtable discussions, the forum academically explored the art of light and shadow covering topics of empowering future cities, boosting night economy, and back-feeding cities’ soft power. Participants of these online and offline discussions included Wang Zhi‘ou (Chief Curator of GLOW SHENZHEN 2020), Qiu Zhijie (Dean of School of Experimental Art, Central Academy of Fine Arts), Cai Xinyuan (Associate Dean of School of Architecture and Urban Planning, Huazhong University of Science and Technology), Liu Jun (General Manager of Strategic Market Center of Unilumin), teams of artists such as Radugadesign from Russia and ENESS from Australia, as well as experts of light technology and related industries. In one of the roundtable discussions themed "exploring the influence of light art on city life and public space in the future", Wen Bin, Director of IDG ASIA Accelerator, Qin Xiu, Founder of Aura Project, and other representatives shared enlightening insights from different walks of life. The discussion was hosted by Professor Zhang Yuxing from School of Architecture & Urban Planning, Shenzhen University.

In the forum, the Urban Administration and Law Enforcement Bureau of Shenzhen Municipality and IDG ASIA signed a five-year framework agreement, with the aim to build GLOW SHENZHEN into a world-renowned brand of city light art exhibition.

In the forum, the Urban Administration and Law Enforcement Bureau of Shenzhen Municipality and IDG ASIA signed a five-year framework agreement
In the forum, the Urban Administration and Law Enforcement Bureau of Shenzhen Municipality and IDG ASIA signed a five-year framework agreement

Wen Bin, Director of IDG ASIA Accelerator, expressed his hope that this forum, as an industry-academia-research platform for the development of tech-based art, can help Shenzhen lead the world in scientific and technological innovation and play an exemplary role in the integration of "technology + art" for the world. IDG ASIA also wishes to make full use of its resources in technology, investment, convention& exhibition, industry& research, media, culture& tourism to support GLOW SHENZHEN 2020.

"The brightness of lighting in a region at night is proportionate to the GDP of that region." A healthy business environment can unleash the potential of night consumption to promote a city’s economic growth. This forum received strategic support form Shenzhen International Investment & Promotion Association (SZIIPA), a non-profit organization initiated by the Shenzhen Investment Holdings Co., Ltd. and other institutions. Sticking to the forum’s core topics such as technology industry, urban art and economic development, SZIIPA drew on all kinds of resources from enterprises that have invested in Shenzhen to support the building of industry-academia-research platforms, to connect global investment resources, and to consistently promote Shenzhen’s business environment and its image.

SecurityHQ Release New Mobile App


LONDON, Feb. 23, 2021 — SecurityHQ, the leading provider in managed security services, launch their new Mobile App, SecurityHQ Response.


Cyber never sleeps. Survival demands agility and response demands collaboration, visibility, and action. Which is why SecurityHQ is now part of the few MSSPs that offers an app for clients to handle and respond to incidents anytime, anywhere.

Backed by the power of SecurityHQ’s leading Global Security Operation Centres on your mobile device, the new app has significantly advanced the accessibility and visibility of SecurityHQ services and provides a considerable competitive advantage in terms of customer experience and engagement.

With the power of the SOC in the user’s hands, interaction, and collaboration has never been easier. Now available on Android and IOS, features are convenient, easy to use, and save the user valuable time. With powerful automation, the app instantly places key information at the user’s fingertips. Track the status of security incidents at any time, prioritise and respond to threats, create and search for tickets anywhere, and receive real-time alerts and notifications for security incidents. Call a designated SOC, send emails and receive crucial notifications with the click of a button.

"SecurityHQ have been delivering on its platform for over six years. It has constantly been upgraded to provide our enterprise grade incidence response capabilities, to maintain complete visibility to our clients. The launch of our new mobile app will take all the power of SecurityHQ, onto a fully secured application on your phone, to give clients an incredible reach into their domain, 24/7, at their convenience. The feedback we have had so far has been terrific. Especially with regards to being able to monitor crucial information instantly, while still working remotely." – Feras Tappuni, CEO, SecurityHQ

Download the App for Android, or IOS.

For more information, view demo video. The product team will be releasing new features and updates later this year. 

SecurityHQ prides itself on its global reputation as an advanced Managed Security Service Provider, delivering superior engineering-led solutions to clients around the world. By combining dedicated security experts, cutting-edge technology and processes, clients receive an enterprise grade experience that ensures that all IT virtual assets, cloud, and traditional infrastructures, are protected.

Website: www.securityhq.com
Facebook: https://www.facebook.com/Sechq
Twitter: https://twitter.com/security_hq
LinkedIn: https://www.linkedin.com/company/securityhq/  

For media enquiries please contact Eleanor Barlow, +44-(0)20-332-706-99, pr@securityhq.com

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JinkoSolar’s EAGLE TR G4 Wins Green Builder Media’s 2021 Green Innovation of the Year Award

SHANGRAO, China, Feb. 22, 2021 — JinkoSolar Holding Co., Ltd. (the "Company" or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it has won the Green Builder Media’s 2021 Green Innovation award.

Green Builder Media honored an elite group of manufacturers and products that made real breakthroughs in reducing the impact of construction on our natural environment. JinkoSolar’s EAGLE TR G4 module, also widely known as the Tiger series globally, was awarded for its Tiling Ribbon Technology ("TR") and design[1] which contributes to the panel’s higher-efficiency performance and a smaller carbon footprint.

"JinkoSolar’s latest evolution of its Eagle photovoltaic series offers all the benefits and effectiveness of its predecessors, while upgrading installation features such as an easier mounting system for roof types and enhanced panel orientation to adjust to varying sunlight directions," said Green Builder Media.

Mr. Kangping Chen, Chief Executive Officer of JinkoSolar, commented, "As the world’s largest solar module manufacturer and the first solar company joining the RE100, we have been working earnestly to promote grid parity and the green transformation of the global energy infrastructure. We are very proud to win this award from Green Builder Media and would like to thank them for recognizing our team’s efforts. Looking forward, JinkoSolar continues to be committed to our mission of green transformation in the energy sectors while maintaining corporate and social responsibility for a greener future. We will continue to strengthen JinkoSolar’s brand competitiveness, while putting technology innovation first and sustaining our competitive edge in the global markets for highly efficient, reliable and environmentally friendly products. In addition, we will continue to work with our industry partners to jointly contribute to the goal of reaching carbon neutrality."

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, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 20 GW for mono wafers, 11 GW for solar cells, and 25 GW for solar modules, as of September 30, 2020.

JinkoSolar has 9 productions facilities globally, 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Kenya, Denmark, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina, as of September 30, 2020.

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

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Samsung Display Kick-starts ESG* Management with joining RBA Membership

– Actively engages in corporate social responsibilities, befitting global companies

– Newly establishes the Sustainable Management Secretariat and the company-wide consultative body to carry out ESG strategy in earnest

SEOUL, South Korea, Feb. 21, 2021 — Samsung Display Chief Executive Officer Joo Sun Choi announced that the company will further boost its environmental, social and governance (ESG) involvement from 2021.

Samsung Display joined RBA membership to take the initiative among local display producers in driving ESG-centered management strategy in accordance with global trends.

"As a global leader in display industry, Samsung Display has been prioritizing environmental and social values in the entire process of product manufacturing" said Jaeho Shin, Executive Vice President and Head of the Display Management Office at Samsung Display. "Moreover, we will further evolve into a global company that earns trust from our customers and members of society, and that dedicates to the development and happiness of humanity" he added.

The Responsible Business Alliance (RBA), the world’s largest industry coalition dedicated to corporate social responsibility in global supply chains, sets out and holds members accountable to RBA Code of Conduct based on a number of global standards to achieve a higher level of corporate ethics. Currently, RBA comprises more than 160 global companies including Samsung Electronics, Apple, and Intel.

With RBA membership, Samsung Display will gain the momentum to go beyond just conforming to the relevant domestic laws, and thoroughly incorporate global codes of conduct into its management strategy with regard to five critical sections of the RBA Code – Labor, Health and Safety, Environment, Business Ethics, and Management Systems. 

In particular, Samsung Display will continue substantial endeavors not only to domestic offices but also to global offices and its partners to fully embrace ESG-valued management based on RBA standards. For instance, the company plans to reinforce onsite audit and objective due diligence on management systems and working environment. More concretely, Samsung Display will undertake the Validated Assessment Program (VAP), an onsite compliance verification audit as well as get onsite assessment on its compliance to RBA Code of Conduct from reputable organizations.

In addition to joining RBA membership, Samsung Display is committing company-wide effort to bolster its ESG performance. For instance, the company newly organized the ‘Sustainable Management Secretariat’ and formed a consultative body on ESG strategy involving entire business departments. Moreover, earlier this year, in order to lay the groundwork for systemic implementation of ESG management plan, Samsung Display established mid- and long-term strategies in five focus areas: Climate change, Resource circulation, Sustainable products, Win-win collaboration with partners, and Local community.

* ESG: ESG refers to Environmental, Social, Governance characteristics of a company. It is used as a non-financial indicator that evaluates the company’s environmental and social commitment for sustainable development and the soundness of corporate governance.

About Samsung Display

Samsung Display Co., Ltd. is a global leader in the display panel market, with OLED and LCD technologies and products. Samsung Display has seven production facilities and five branch sales offices worldwide. The company specializes in high-quality displays for consumer, mobile, IT and industrial usage, including those featuring OLED (organic light emitting diode) and LCD technologies. As a total solution provider, Samsung Display strives to advance the future with next-generation technologies featuring ultra-thin, energy-efficient, flexible, and transparent displays. For more information, please visit www.samsungdisplay.com or https://news.samsungdisplay.com/https:/news.samsungdisplay.com/category/global/global.

Media Contact
Jihyun (Jessica) Kim
Samsung Display Communication Team
jh326.kim@samsung.com

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CBAK Energy Develops Special 26650 Battery for Ultra-low Temperature Application

DALIAN, China, Feb. 19, 2021 — CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider, today announced that it has started the trial production of its special 26650 lithium battery (the "Special 26650 Battery"). Different from our regular 26650 batteries that the company is currently manufacturing and selling, the Special 26650 Battery is a self-developed battery model specifically designed for application in ultra-low temperature environments. The Special 26650 Battery has delivered satisfactory test performance results to date, while the trial’s production yield rate has also been very close to our required level for mass production. The Company believes that it will be capable of achieving mass delivery of its Special 26650 Battery by the second half of 2021.

The Company utilizes self-developed and customized materials that can be used in extreme environments as the core materials for its Special 26650 Battery. As a result, the Special 26650 Battery features a new ultra-low temperature system and can operate normally in ultra-low temperature environments. The Special 26650 Battery can function properly in temperatures as low as minus 40 to minus 50 degrees Celsius and can discharge at a maximum C-rate of 60C at room temperature. Capable of operating with high efficiency in low-temperature environments, the Special 26650 Battery has several use cases in high-latitude and high-altitude low temperature environments, such as energy storage in ultra-low-temperature environment, base stations, transportation, unmanned drones, aviation and aerospace areas, as well as other specific circumstances that require ultra-low-temperature cells. We believe our self-developed technology of the Special 26650 Battery is currently at the forefront of the industry.  

Mr. Yunfei Li, Chief Executive Officer of CBAK Energy, commented, "We are pleased to announce the success of our initial trial productions for the Special 26650 Battery and look forward to accelerating its production going forward. In addition to demonstrating our industry-leading research and development capabilities, the Special 26650 Battery is highly attractive to participants in the aviation and aerospace industries due to its effective ultra-low temperature application. As a result, we believe that the production of the Special 26650 Battery will help to fuel our expansion into these markets. Going forward, we plan to continue leveraging our strong technical strengths to develop more competitive battery products, thereby expanding our current portfolio of business layout offerings and generating additional shareholder value over the long term."

About CBAK Energy

CBAK Energy Technology, Inc. is a leading high-tech enterprise engaged in the development, manufacturing, and sales of new energy high power lithium batteries. The applications of the Company’s products and solutions include electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply (UPS), and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian and Nanjing, as well as a large-scale R&D and production base in Dalian.

For more information, please visit www.cbak.com.cn.

Safe Harbor Statement

This press release contains forward-looking statements, which are subject to change. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All "forward-looking statements" relating to the business of CBAK Energy Technology, Inc. and its subsidiary companies, which can be identified by the use of forward-looking terminology such as "believes", "expects" or similar expressions, involve known and unknown risks and uncertainties which could cause actual results to differ materially. These factors include but are not limited to: the ability of the Company to meet its contract or agreement obligations; the uncertain market for the Company’s lithium battery cells; business, macroeconomic, technological, regulatory, or other factors affecting the profitability of battery cells designed for energy storage; and risks related to CBAK Energy’s business and risks related to operating in China. Please refer to CBAK Energy’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, as well as other SEC reports that have been filed since the date of such annual report, for specific details on risk factors. Given these risks and uncertainties, you are cautioned not to place undue reliance on forward-looking statements. CBAK Energy’s actual results could differ materially from those contained in the forward-looking statements. CBAK Energy undertakes no obligation to revise or update its forward-looking statements in order to reflect events or circumstances that may arise after the date of this release unless expressly requested by applicable law.

Contacts

CBAK Energy Technology, Inc.
Investor Relations Department
Tel: 86-411-39185985
Email: ir@cbak.com.cn

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JinkoSolar to sign a strategic partnership agreement with Tongwei for project investment and industrial chain cooperation

SHANGRAO, China, Feb. 19, 2021 — 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 that the Company intends to sign a "strategic cooperation agreement" with Tongwei Co., Ltd. ("Tongwei") – to jointly invest in a high-purity crystalline silicon project with annual capacity of 45,000 metric tons and a silicon wafer project with an annual production capacity of 15GW, as well as develop a more extensive industrial chain cooperation.

According to the agreement, JinkoSolar will own a 35% equity stake in the 45,000 tons high-purity crystalline silicon project, while Tongwei will hold a 30% equity stake in the 15GW silicon wafer project. Under the industrial chain cooperation, the production capacity and products of the joint venture for the high-purity crystalline silicon will be given priority to meet the production needs of the joint venture silicon wafer company. Wafer products produced under the jointly invested silicon wafer project will be cost effective and price competitive. In addition, based on the previous procurement contract for 93,000 metric tons of polycrystalline silicon, JinkoSolar will supply Tongwei with a total of approximately 6.5GW of silicon wafer products for three years.

Mr. Kangping Chen, Chief Executive Officer of JinkoSolar, commented, "As a leading global high-purity crystalline silicon and solar cell company, Tongwei has always been an important strategic partner of JinkoSolar. Our Company has a vertically integrated production capacity with cumulative module shipments exceeding 70GW by the end of 2020. This strategic cooperation will benefit two companies from different segments of the solar industrial chain and strengthen resource sharing and integration within the PV industry, as well as increase industry leadership and dominance of both parties, and jointly create a win-win manufacturing ecosystem."

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, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 20 GW for mono wafers, 11 GW for solar cells, and 25 GW for solar modules, as of September 30, 2020.

JinkoSolar has 9 productions facilities globally, 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Kenya, Denmark, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina, as of September 30, 2020.

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:

Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: pr@jinkosolar.com

Related Links :

http://www.jinkosolar.com

mPrest Collaborates with Microsoft to Empower the Digital Transformation of the Energy Industry

mPrest software applications on Microsoft Azure will leverage advanced cloud capabilities and ‎technologies to empower digital transformation of the energy industry and global transition toward zero emissions ‎

TEL AVIV,  Israel, Feb. 19, 2021mPrest announced that it has joined forces with Microsoft to bring AI, ML and IoT transformation capabilities to the energy industry on Microsoft Azure, setting new industry standards and supporting the goal of zero emissions and sustainability.

mPrest joins Microsoft’s global independent software vendor partner ecosystem which includes sales and go-to-market support. The collaboration will leverage the flexibility of cloud capabilities and the power of SaaS to deliver mPrest’s orchestration and optimization platform on Azure to leading energy companies.

The energy industry is undergoing a major disruption, its most significant in the last century. The energy revolution, spearheaded by Decarbonization, Decentralization, and Digitization, is creating new challenges and opportunities for energy companies (utilities and new emerging energy providers) that drive the need for integration between existing legacy systems and new technologies.

mPrest is one of the leading Microsoft partners helping drive the energy revolution. The collaboration empowers digital transformation and supports the goal of zero emissions and sustainability by deploying mPrest’s Distributed Energy Resource Management (DERMS) and Asset Health Management software on Azure. The collaboration with Microsoft will significantly expand the adoption of cloud in Operations Technology (OT) and the integration between IT and OT in power utilities and other emerging energy market players around the world.

"Working with Microsoft enables us to help drive the energy market revolution, offering our integrated, distributed grid edge management solution on Microsoft Azure" said Natan Barak, CEO of mPrest. "Leveraging Azure to deploy the DERMS system will empower energy companies to more quickly digitize, optimize and improve their operations."

Darryl Willis, vice president of Energy at Microsoft Corp.‎ said, "We are pleased to work with mPrest to help advance and support the industry’s commitment to sustainability and a goal of zero emissions. Offering mPrest’s DERMS on Microsoft Azure will accelerate the digital transformation across energy markets."

About mPrest – Empower Digital Transformation. Now.

Leveraging its unparalleled experience and expertise in real-time mission-critical command and control software, mPrest has developed the world leading distributed asset orchestration and optimization software. mPrest’s micro-services based, real-time orchestration and optimization platform brings the power of AI and IoT to the digital transformation of various industries, from energy and smart cities, through oil & gas, connected cars, water, defense and other industry 4.0 applications. mPrest’s applications suite, including Distributed Energy Resources Management, Asset Health Management, Criticality and Risk Assessment, Critical Infrastructure Protection and Integrated Operations Center, are deployed on premise or on the cloud in record time in the most forward-looking and efficient organizations worldwide, including some of the world’s largest energy companies. mPrest’s vendor-agnostic product suite interfaces with millions of sensors, devices, machines, assets, subsystems, IT and OT applications, creating a system of systems that provides end-to-end visibility and control over complex and distributed operations. Visit us at www.mprest.com

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FTC Solar Launches Voyager+ Tracker Supporting 500+ Watt Module Transition


FTC Solar is taking orders for Voyager+ with support for large-format modules   

AUSTIN, Texas, Feb. 8, 2021 – FTC Solar today announced the release of Voyager+, the next generation of its single-axis Voyager tracker, engineered to provide compatibility with new large-format solar modules now entering the marketplace.  

The large modules entering the market are built to incorporate larger solar cells, which are the energy-producing heart of each solar panel.  With these larger 182mm and 210mm cells, the modules can achieve power output exceeding 500 watts. Voyager+ supports these larger format modules and will be able to accommodate multiple module sizes from a variety of solar manufacturers.   

"We are seeing an increasing level of interest around large-format modules and are pleased to introduce this new Voyager line to support our customers," said Tony Etnyre, FTC Solar’s CEO. "As the industry transitions to larger modules, FTC Solar is ready to deliver tracking systems that are compatible with a variety of module sizes and configurations while maintaining our two-in-portrait format and industry-leading installation speeds," he added.    

FTC Solar is currently conducting tests at its research facility near Denver, Colorado, and will be evaluating the performance and structural requirements of a wide variety of large-format modules. 

Large-format modules are expected to lower solar project development costs. According to a Wood Mackenzie industry analysis, labor savings alone could be up to 6%, and energy production per acre will increase, with production gains depending on the module size and technology.

The transition to large-format modules is the next step forward in an industry that has been aligned around smaller standard module sizes for over a decade. The industry’s ecosystem of electrical and structural components has been developed around these modules and standardization has simplified construction, driving overall system costs down.

The new large format modules will continue to drive system-level efficiency improvements. FTC Solar has been collaborating with module manufacturers to identify and implement engineering changes to support larger modules such as strengthened torque tubes and modified damping technology.   

Module manufacturers are ramping up production of 500W modules with 600W modules expected to be deployed in the second half of 2021.     

About FTC Solar    
 FTC Solar is a fast-growing, global provider of solar tracker systems, technology, software, and engineering services.  FTC Solar’s innovative tracker designs provide compelling performance and reliability, with an industry-leading installation cost-per-watt advantage.   

Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is headquartered in Austin, Texas, and maintains sales and support offices in Australia, India, the Middle East and Southeast Asia.  For more information, please visit https://www.ftcsolar.com/

Media Contact:  

Amber Gallagher-Schranz  
Email: pr@ftcsolar.com  
Phone: 866-FTC-SOLAR  

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AI-based Platforms Transform the Global Water Sector, Finds Frost & Sullivan

Technological advancements that require minimal maintenance or human interference become key value proposition differentiators in the water sector

SANTA CLARA, Calif., Jan. 26, 2021 — Frost & Sullivan’s recent analysis, Digitalization Powering the Global Water Market, 2020, finds that smart sensors with advanced artificial intelligence (AI)- and machine learning (ML)-based data analytics platforms are on the rise in the global water sector as they require minimal maintenance or human interference. The COVID-19 pandemic has further highlighted the sector’s technological need following supply chain disruptions and a labor shortage during lockdowns, which adversely impacted the growth of the water market globally. Due to the pandemic, the global water market  declined to $805.31 billion in 2020 from $947.89 billion in 2019. The market was projected to reach $1,014.54 billion in 2020, registering an impressive growth of 7%.

Frost & Sullivan
Frost & Sullivan

For further information on this analysis, please visit: http://frost.ly/573

"The water market could witness more high-level consolidation of data analytics platforms in the water sector. Cellular communication technologies, such as narrowband Internet of Things (NB IoT) and long-term evolution for machines (LTE-M), could become key enablers of growth penetration and digital transformation," said Paul Hudson, Energy & Environment Research Analyst at Frost & Sullivan. "Going forward, the product-as-a-service business model would become the most subscribed among customers for its equal risk allocation and ability to provide high value to customers."

Hudson added: "Smart decentralized water and wastewater treatment solutions are disrupting the market significantly. Low OPEX and holistic economic sustainability have become key drivers that enable the growth of decentralized treatment systems. Value-add services and solutions such as decision and predictive intelligence, along with a smart product line and effectively leveraging e-commerce platforms, could improve customer relationships and increase loyalty. These features have gained precedence due to the pandemic."

Despite the pandemic’s adverse impact on the global water sector, market participants can focus on the following growth prospects:

  • Hydration treatment systems market:
    • Filter-as-a-service: For price-sensitive customers, smart hydration treatment systems and solutions providers could offer the filter-as-a-service business model.
    • Flavor pack: To enhance customer relationships and brand loyalty, hydration treatment systems providers could add flavor and mineral packs as a value-add to their product line.
  • Municipal and industrial water and wastewater treatment systems market:
    • Smart operation: Market participants must embrace smart operation and AI-based virtual assistance platforms that can significantly reduce the OPEX cost of a treatment plant.
  • Irrigation systems and solutions market:
    • Investment/mergers and acquisitions (M&A): Smart irrigation solution providers should invest in research and development (R&D) or M&A to provide holistic smart irrigation solutions.
  • Bottled water hydration market:
    • Leading brands are introducing recycled PET bottles to reduce plastic waste generation. Startups are experimenting with degradable plastics and paper-based bottles. Products with sustainable packaging will be in high demand.

Digitalization Powering the Global Water Market, 2020 is the latest addition to Frost & Sullivan’s Energy & Environment research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion

Digitalization Powering the Global Water Market, 2020

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Contact:
Jaylon Brinkley
P: +1 210 247 2481
E: Jaylon.Brinkley@frost.com
http://ww2.frost.com

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INTEGRATED MEDIA TECHNOLOGY LIMITED Announces Changes to The Board of Directors


SYDNEY, HONG KONG and NEW YORK, Jan. 22, 2021 — Integrated Media Technology Limited (NASDAQ: IMTE) ("IMTE" or the Company), announced on January 19, 2021 changes to its Board with the appointment of Mr. Luis Puyat to its Board of Directors and the change of status of Mr. Uwe Parpart from Independent non-Executive Director to Executive Director.

With effect from January 15, 2021, Mr. Puyat will serve as an Independent non-Executive Director and a member of the Board’s Audit Committee and Remuneration Committee. The size of IMTE’s Board was increased from five to six members with Mr. Puyat’s appointment.

Mr. Puyat is currently the Chief Executive Officer of VGP Investments, Inc. a privately held PE firm based in Makati, Metro Manila. Mr. Puyat is also the Executive Director of privately funded First Sovereign Asset Management, Inc. Prior to this, Mr. Puyat was involved in the Puyat family owned Manila Bank from 1986 to 2007, acting as the president from 1994 to 1999, and as Chairman of the Board from 1999 to 2007.

On the same date, Mr. Uwe Parpart’s status was changed from Independent non-Executive Director to Executive Director. Mr. Parpart also resigned from the Audit Committee.

Mr. Con Unerkov. Chairman and CEO of IMTE, stated, "We are pleased to welcome Mr. Luis Puyat as a new Independent non-Executive Director to the IMTE Board. Mr. Puyat is an accomplished financial executive with over 25 years of relevant experience. He is an ideal addition to IMTE’s team as we continue to drive our business strategy forward especially with our new securities research and risk analysis business in China that was recently announced through an investment in Greifenberg Capital Limited.".

As announced on December 29, 2020, IMTE entered into an agreement acquiring up to 60% of Greifenberg Capital Limited to provide risk analysis on China’s securities markets. Our Director Mr. Uwe Parpart who has over 30 years of experience as a senior executive in the finance industry will manage the roll out of this business. Accordingly, Mr. Parpart’s status as a Director changes from Independent non-Executive Director to Executive Director.

Mr. Uwe Parpart, IMTE’s new Executive Director commented, "I have known Luis for over three decades. His extensive experience in the banking and asset management industry in Asia will be extremely helpful in guiding our strategic efforts in research and risk analysis for China’s fast-growing securities industry. We are very excited to have Luis join IMTE’s Board of Directors."

Mr. Puyat commented, "I am familiar with IMTE’s overall business and the new financial services initiative in China. I have known Mr. Parpart for over three decades and collaborated with him on banking ventures on several occasions in the past. I am confident that I can contribute, in particular, to the successful commercialization of IMTE’s securities markets undertaking. I look forward to working with the skilled board of directors as we continue to execute our strategy, drive profitability and enhance value for all our shareholders."

About Integrated Media Technology Limited

Integrated Media Technology Limited. is engaged in the business of glass-free 3D (also known as autostereoscopic 3D) display, the manufacture and sale of nano coated plates for air filters, the sale of electronic glass and financial research and data services. The three new business operations in air filters, electronic glass and financial research services are expected to form the foundation of our future growth strategy.

For more information, please visit www.imtechltd.com.

Safe Harbor Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those regarding IMTE’s expectations, intentions, strategies, and beliefs pertaining to future events or future financial performance. Actual events or results may differ materially from those in the forward-looking statements because of various important factors, including those described in the Company’s most recent filings with the SEC. IMTE assumes no obligation to update publicly any such forward-looking statements, whether because of new information, future events or otherwise. For a more complete description of the risks that could cause our actual results to differ from our current expectations, please see the section entitled "Risk Factors" in IMTE’s annual reports on Form 20-F and interim reports on Form 6-K filed with the SEC, as such factors may be updated from time to time in IMTE’s periodic filings with the SEC, which are accessible on the SEC’s website and at http://www.imtechltd.com.

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