Mathias Busse Appointed as New CEO of Porsche Korea
Lingnan University celebrates outstanding achievements in research and knowledge transfer
Experience the Beauty of Hanbok at the K-Royal Culture Festival
Xinhua Silk Road: Foreign media delegation attends int'l expo in NW. China's Yulin, witnessing new impetus for green energy transformation
On World Cleanup Day 2024, VIAIM's Newly Launched Service Upgrade Provides Added Multilingual Support and Commitment to Environmental Goals, Help
Middleton International School is the first school from Singapore to be in the World's Best School Prizes 2024
Halal Route Application - Eat, Travel around Thailand, Safe and Sound Halal Style
NUS scientists discover novel approach to rejuvenate aged egg cells
Royal Meteorological Society's Public Vote opens for 2024 'Standard Chartered Weather Photographer of the Year' Award
Eve Air Mobility Announces Megha Bhatia as Chief Commercial Officer
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RWE and AM Green Ammonia sign Memorandum of Understanding to supply up to 250,000 tonnes annually of RFNBO-compliant ammonia from India
RWE has secured the ammonia for its global supply portfolio for delivery from 2027 The green ammonia produced at AM Green Ammonia's sites in India meets EU standards for Renewable Fuels from Non-Biological Origin (RFNBO), as defined in the RED III ESSEN, Germany and HYDERABAD, India, Sept. 19, 2024 /PRNewswire/ -- RWE Supply & Trading has signed a Memorandum of Understanding (MoU) with AM Green Ammonia B.V. (AMG) for the long-term supply of green ammonia from its plants based in India. It outlines the supply of up to 250,000 tonnes of green ammonia per year. The ammonia will be sourced from AMG's production sites in Kakinada and Tuticorin, India. Initially, 50,000 tonnes of green ammonia will be produced at the Kakinada site, with the remaining volume of up to 200,000 tonnes to be sourced from the Tuticorin facility. Ammonia Production Facility and Port Infrastructure on East Coast of India AMG is a subsidiary of the AM Green Group. AMG's ammonia manufacturing facilities will be powered entirely by carbon-free energy sources such as solar, wind, and hydroelectric power. The produced ammonia will meet EU standards for Renewable Fuels of Non-Biological Origin (RFNBO) as defined in the Renewable Energy Directive (RED III). AMG's facility in Kakinada has already been pre-certified for RFNBO compliance. Pre-certification for other facilities is underway. Deliveries of green ammonia from AMG's sites are expected to start by 2027. A subsequent offtake agreement between RWE and AMG will detail the contractual provisions. Costas Papamantellos, Head of International Hydrogen Investments at RWE Supply & Trading said, "RWE is committed to investing in hydrogen and its low-carbon derivatives to help industries achieve their climate goals. For this end, we are building strong supply chains with partners globally. Partnering with AMG allows us to secure green ammonia capacities at an early stage." Mahesh Kolli, Group President of AM Green said, "We are delighted to partner with RWE to propel the transformation of various industries and several OECD economies. This agreement emphasizes AM Green's ability to align itself with an innovative and flexible contracting structure in line with commodity trading practices. Continuous focus on innovation combined with execution reinforces AM Green's leadership position as a global clean energy transition solutions platform for low-cost green molecules such as hydrogen, ammonia, fuels and other chemicals." For further enquiries: Olaf Winter Suheil Imtiaz Media Relations Public Affairs & Strategic Communications RWE Supply & Trading GmbH AM Green T: +49 201 5179-8455 M: + 91 94401 59289 E: olaf.winter@rwe.com E: suheil.m@amgreen.com Note to the editor - RWE Supply & Trading RWE Supply & Trading is the interface between RWE and the energy markets around the world. Approximately 2,000 employees from over 70 different countries trade electricity, gas, commodities, and CO2 emission allowances. Accurate market analyses and a high degree of customer centricity enable them to create innovative energy supply solutions as well as risk management concepts for industrial operations. The trading entity also ensures the commercial optimisation of RWE's power plant dispatch and markets electricity from RWE. In addition, there is the legally independent RWE gas storage business in Germany under the umbrella of RWE Supply & Trading. RWE Supply & Trading is establishing itself as a key player in the global hydrogen market, focusing on green and blue hydrogen and their derivatives, such as ammonia. As part of its global strategy, the company is investing along the entire value chain by developing a diversified portfolio of projects and long-term offtake agreements worldwide, with a particular emphasis on importing green molecules to Northwest Europe. Forward-looking statements This press release contains forward-looking statements. These statements reflect the current views, expectations and assumptions of management, and are based on information currently available to management. Forward-looking statements do not guarantee the occurrence of future results and developments and are subject to known and unknown risks and uncertainties. Actual future results and developments may deviate materially from the expectations and assumptions expressed in this document due to various factors. These factors primarily include changes in the general economic and competitive environment. Furthermore, developments on financial markets and changes in currency exchange rates as well as changes in national and international laws, in particular in respect of fiscal regulation, and other factors influence the company's future results and developments. Neither the company nor any of its affiliates undertakes to update the statements contained in this press release. Data Protection The personal data processed in connection with the press releases will be processed in compliance with the legal data protection requirements. If you are not interested in continuing to receive the press release, please inform us at Datenschutz-kommunikation@rwe.com. Your data will then be deleted, and you will not receive any further press releases from us in this regard. If you have any questions about our data protection policy or the exercise of your rights under the GDPR, please contact datenschutz@rwe.com.
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Hyundai Motor Group and Rhode Island School of Design Expand Partnership with Launch of New Regeneration Studio
Annual research collaboration examines convergence of ecology, bio-design, art and design practices, and future of mobility This year, in the newly launched Regeneration Studio, faculty and students explore the theme of 'Future Structures' SEOUL, South Korea and PROVIDENCE, R.I., Sept. 18, 2024 /PRNewswire/ -- Hyundai Motor Group and Rhode Island School of Design (RISD) announce the launch of the Regeneration Studio, the latest phase of work in an ambitious multiyear research partnership exploring the relationship between nature, art and design, and the future of mobility. Hyundai Motor Group designers and engineers working with faculty and staff in RISD's Edna W. Lawrence Nature Lab in August 2024 (photo credit: Jo Sittenfeld). Now in its fifth year, the 2024–25 collaboration brings together RISD faculty members and student researchers with Hyundai Motor, Genesis and Kia designers to design around the theme of Future Structures. The Regeneration Studio, led by an advanced scientific team in RISD's Edna W. Lawrence Nature Lab, aims to develop entirely new concepts for bio-innovation. This year's programming comprises a fall biomimicry seminar, spring studio courses and extended research into the summer. "RISD's ongoing collaboration with Hyundai Motor Group reflects our shared commitment to fostering a sustainable society and amplifying the expertise and creativity of students, faculty and staff," said RISD President Crystal Williams. "RISD and Hyundai Motor Group are conceiving of future realities that change the way we move through space, understand and use materials, and interpret structures in support of a flourishing and healthy ecological system. We are thrilled to continue investigating the future of mobility with our partners at Hyundai Motor Group, and thank them for their continued investment in this endeavor." "The Regeneration Studio fosters innovation by integrating nature's design principles with advanced studio practices, aiming to restore the relationship between humanity and living systems," said SangYup Lee, Head of Hyundai & Genesis Global Design. "Through the Regeneration Studio, this partnership not only advances sustainable design solutions but also lays the foundation for a long-term Sustainable Research Initiative, driving future innovation in mobility and beyond." "RISD is guided by deep inquiries, generating actionable results that respect principles of design and the world in which they intervene. This mutually respectful dialogue allows us to find answers to industry needs through the study of nature as a generous, inventive, and boundless source of knowledge," said RISD Provost Touba Ghadessi. "Scientists, designers, makers, and visionary colleagues at Hyundai Motor Group and at RISD research biomimicry, regenerative practices, and artificial intelligence to conceive of humans and the planet as an integrated system. In doing so, this ambitious partnership sees the future of mobility as a new paradigm where pragmatic approaches, environmental justice, and creative practice work in harmony." "Nature doesn't just inspire — it challenges us to rethink and regenerate," said Karim Habib, Head of Kia Global Design. "By learning from nature's resilience, we're discovering new ways to reimagine and shaping a future where human wellness and the planet not only coexist in balance but also move forward together."
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Electrified Fleet Adoption Surges Despite Slowing EV Demand in Passenger Market
80% of Global Commercial Fleet Leaders Surveyed Set Goal for 25% EVs by 2030, Latest Frost & Sullivan Insights Reveal LONDON, Sept. 18, 2024 /PRNewswire/ -- Conducted by Frost & Sullivan and commissioned by WEX (NYSE: WEX), a new report provides key insights for organisations managing mixed-energy fleets across Europe, North America, and Asia-Pacific. The study underscores the rapid progress in fleet electrification. While EV adoption rates vary by business and fleet type, most fleet managers expect a significant increase in EVs to enter their fleets over the next five years. Almost half of those surveyed stated that 50% or more of their fleet would consist of EVs by 2030. The 2024 global survey, "The Commercial EV Transition: Global Insights on a Mixed-Energy Fleet Future," offers comprehensive insights to help organisations navigate and capitalise on the shift to electrification across Europe, North America, and Asia-Pacific. The transition to a mixed-energy fleet – which integrates both EVs and internal combustion engine (ICE) vehicles – will take time, but fleet managers are working actively to accelerate the process. EV adoption rates will vary significantly depending on factors such as the region, industry, and organisational scale, making it crucial to understanding the underlying dynamics that can unlock opportunities for more sustainable and cost-efficient operations. "The study demonstrates that there is still high ambition to integrate EVs into fleet operations, not just to meet sustainability targets but to enable more cost-effective operations, however, achieving this transition presents significant challenges," said Dr. Jose Pereira, Director in the Frost & Sullivan's Mobility Advisory practice. "This report's findings demonstrate that fleet managers continue to seek guidance from trusted experts and partners to determine the best approach for their needs," he added. "A key issue is understanding how to develop an optimal EV adoption roadmap that balances the initial investments in vehicle and charging infrastructure costs with the operational savings opportunities that come from lower electric fuel costs, reduced servicing and extended vehicle service life, as well as the improved driver satisfaction and wellbeing from quieter and smoother vehicles" As fleet managers begin to manage a mix of traditional and electric vehicles, they face new challenges such as keeping site EV infrastructure online, optimising energy costs through improved scheduling and route planning, and managing payments from various charging locations. This will necessitate adjustments to existing fleet management and payment systems to ensure smooth operations and a viable overall business case. The report also addresses broader industry implications, identifying the top three challenges for fleet operators: fuel costs (67%), operational expenses (66%), and profit margins (59%). These challenges reflect fleet managers' pressures to manage expenses and maintain profitability while transitioning to new technologies and sustainable practices. About the Fleet Study These are the findings of a Frost & Sullivan study commissioned by WEX between February-March 2024, based on interviews with mixed-energy fleet operators about their journey towards electrification, representing over 500 organisations across seven markets: 273 respondents in Europe,110 respondents in the United States, and 120 respondents in two Asia-Pacific markets in Asia-Pacific (120 respondents). A complimentary copy of the study is available for download here. Market-level insights can be viewed for the United Kingdom, Benelux (comprised of Belgium, the Netherlands, and Luxembourg), France, Germany, Italy, the United States, Australia, and New Zealand. About Frost & Sullivan Frost & Sullivan, the growth pipeline company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company's Growth Pipeline as a Service provides the CEO and the CEO's Growth Team with transformational strategies and best-practice models to drive the generation, evaluation, and implementation of powerful growth initiatives. Frost & Sullivan leverages over 60 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from more than 40 offices on six continents. To engage with our growth experts for more information, click here Contact: Kristina MenzefrickeMarketing & CommunicationsGlobal Customer Experience, Frost & Sullivankristina.menzefricke@frost.com+44 (0)20 331 01228
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Global or Bust: 97% of executives say a global presence is required to be competitive in today's business landscape
G-P's 2024 World at Work Report reveals strong alignment between business and talent outlook on global employment, showing there has never been a better time to build a global workforce. BOSTON, Sept. 18, 2024 /PRNewswire/ -- REMOTE FIRST COMPANY -- G-P (Globalization Partners), the recognized leader in the global employment market, today announced that more than half of workers (53%) anticipate hitting the job market in the next six months, a third of whom plan to make a move to another state or country to support their career. The launch of G-P's second annual report on global employment trends underscores the benefits of a global business presence to help businesses and employees thrive in the new era of work. Companies with a footprint in multiple markets not only have a competitive edge today but more resilience to navigate rapidly changing conditions and future-proof their business. Despite this ambitious outlook, executives worldwide continue to grapple with talent shortages and mounting pressure to embrace and adopt AI technologies. "There's never been a better time to build a global team," said Nicole Sahin, founder and CEO of G-P. "At G-P, we're at the forefront of the intersection of global employment and AI, empowering leaders to build agile workforces and transforming how companies leverage human potential from around the world." According to G-P's "World at Work: The Future of Global Employment" Report, four out five executives say that finding skilled talent in their existing markets is difficult right now. The majority (72%) are ready to look to other countries to meet their talent needs - a smart move considering 80% of employees want to work for a global company. Executives are eager for AI to be a solution, with half saying AI can help with predicting business challenges in prospective new markets. The vast majority of employees (92%) are also excited about potential uses for AI, albeit some (34%) are hesitant to use AI at work out of concern their manager would place less value on their work. Download the G-P World at Work Report here to learn more about the opportunities of global employment and how to get ahead in this new era of work. MethodologyThe G-P survey was conducted by Wakefield Research among 2,000 Executives, (VP+ at companies of 500 or more employees) in three markets: the U.S., the U.K. and Australia; and 4,000 Employed Professionals in six markets: the U.S., the U.K., France, Germany, Singapore and Australia. About G-PG-P is the recognized leader in global employment, delivering everything companies of all sizes need to quickly and compliantly build and manage global teams in 180+ countries, regardless of entity status. G-P's industry leading SaaS-based Employer of Record (EOR), Contractor and Advisor products are backed by more than a decade of experience, the largest team of in-country HR, legal, and compliance experts, and insights from its proprietary generative AI knowledge base. G-P: Global Made PossibleTMTo learn more, please visit: g-p.com or connect with us via Twitter, LinkedIn, Facebook, or check out our Blog.
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JA Solar Yangzhou Manufacturing Base Recognized as Zero Carbon Factory by TÜV SÜD
BEIJING, Sept. 18, 2024 /PRNewswire/ -- On August 28th, the JA Solar Yangzhou Manufacturing Base (Jingshan Park) was awarded the Zero Carbon Factory Verification Certificate (Type I, Star 4) by TÜV SÜD based on the China Energy Conservation Association standard T/CECA-G 0171-2022, becoming the first zero carbon factory in Yangzhou, Jiangsu Province. The certification by TÜV SÜD, a globally recognized testing and certification organization, underscores the rigor and credibility of JA Solar's environmental initiatives. In the evaluation, JA Solar Yangzhou Manufacturing Base achieved high results in the factors of basic compliance requirements, basic management requirements, infrastructure, energy and carbon emission intelligent information management systems, energy and resource use, products, greenhouse gas emission reduction implementation, and carbon offset implementation. In response to climate change and the pursuit of sustainable development, JA Solar has adopted a comprehensive management approach across four key dimensions: governance, strategy, risk management, and metrics and targets. By 2030, JA Solar aims to deliver fully green products across their entire life cycle. The company is committed to reducing its greenhouse gas emissions by 42% from 2023 levels by 2030 and achieving net-zero emissions by 2050 at the latest. "Achieving the Zero Carbon Factory Verification is a significant milestone in our journey towards sustainability," said Aiqing Yang, Executive President at JA Solar. "This recognition underscores our commitment to reducing our carbon footprint and pioneering green innovation. As we continue to scale new heights, we remain steadfast in our mission to contribute to a carbon-neutral future through our green products and sustainable practices." Follow us on LinkedIn and Facebook to know more about JA Solar. About JA Solar JA Solar is a manufacturer of high-performance photovoltaic products. With multiple manufacturing bases and 13 sales subsidiaries around the world, the company's business covers silicon wafers, cells, modules and PV power stations. JA Solar products are available in 165 countries and regions. With its advantages of continuous technological innovation, sound financial performance, and well-established global sales and service networks, JA Solar has been well received and highly recognized by customers from home and abroad. The company has been listed on Fortune China 500 and Global Top 500 New Energy Enterprises for several consecutive years.
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Agoda and TPB Philippines join hands to bring the world to the Philippines' shores
SINGAPORE, Sept. 18, 2024 /PRNewswire/ -- Digital travel platform Agoda has joined forces with the Tourism Promotions Board (TPB) Philippines in an exciting new partnership designed to showcase the Philippines as a must-visit destination for international travelers. Palawan has captured the hearts of travelers worldwide, earning the 13th spot on Travel + Leisure’s 2024 World’s Best Islands list and securing the fifth position for Best Island in Asia. The collaboration, effective immediately, will run until 15th December 2024, with travel periods until 31st March 2025. The agreement underscores a shared commitment to elevating the Philippines' visibility on the world stage as a prime tourist destination while driving increased inbound tourism. Through this initiative, Agoda and TPB are combining their marketing resources to drive international arrivals and promote the vast cultural and natural beauty of the Philippines.The partnership features exclusive discounts and co-branded marketing campaigns aimed at attracting international travelers to both well-known and lesser-known cities across the Philippines, with travel periods until 31st March 2025. Campaign details will be prominently displayed on Agoda's website and mobile app, as well as on the Travel Philippines mobile app. "Agoda has been dedicated to supporting the tourism industry in the Philippines. We are excited to partner once again with TPB through the latest program as a significant step to leverage our digital expertise as well as our global network to showcase the myriad destinations and vibrant culture of the Philippines to a global audience," said Omri Morgenshtern, Chief Executive Officer at Agoda. The Philippines has been hailed as Asia’s Leading Beach Destination for the seventh year and Asia’s Leading Dive Destination for the sixth consecutive year at the prestigious 2024 World Travel Awards. Boracay also received recognition as Asia’s Leading Luxury Island Destination. TPB's Chief Operating Officer, Maria Margarita Montemayor Nograles expressed enthusiasm about the partnership: "TPB is thrilled to once again join forces with Agoda in our mutual goal of enhancing travel experiences for both new and returning visitors to the Philippines. This partnership allows us to utilize cutting-edge digital marketing strategies and valuable insights to promote our unique destinations and create memorable experiences for our tourists." Agoda has a history of supporting the Philippines' tourism sector. In 2021, it was the first digital travel platform to introduce quarantine packages to assist returning Filipinos during the COVID-19 pandemic. In 2023, Agoda launched the Eco Deals Program in collaboration with the World Wildlife Fund, aimed at promoting sustainable tourism and supporting biodiversity initiatives in Tubbataha Reefs Natural Park in Palawan, and whale shark conservation programs in Donsol, Sorsogon. About Agoda Agoda, a digital travel platform, helps anyone see the world for less with its great value deals on a global network of 4.5M hotels and holiday properties worldwide, plus flights, activities, and more. Agoda.com and the Agoda mobile app are available in 39 languages and supported by 24/7 customer support. Headquartered in Singapore, Agoda is part of Booking Holdings (Nasdaq: BKNG) and employs more than 6,900 staff in 25 markets, dedicated to leveraging best-in class technology to make travel even easier. About the Tourism Promotions Board (TPB) Philippines TPB is an attached agency of the Philippine Department of Tourism, mandated to market and promote the country both domestically and internationally as a premier tourism and MICE (Meetings, Incentives, Conferences, and Exhibitions) destination. In collaboration with private and public stakeholders, TPB aims to deliver an exceptional, high-value experience for every visitor.
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Runergy Unveils Award-Winning Solar Innovations at RE+ 2024
ANAHEIM, Calif., Sept. 18, 2024 /PRNewswire/ -- Runergy, a leading solar energy company, showcased its cutting-edge photovoltaic (PV) modules at RE+ 2024, North America's premier solar energy exhibition held at the Anaheim Convention Center. The company presented a diverse range of high-power PV modules that combine excellent performance in reliability, quality and long-term value with full-scenario applications. Runergy launched customized products specifically designed for the North American market, delivering high value and cost-effective solutions to meet the region's varied energy needs, which drew the attention of a wide range of visitors eager to explore innovative energy solutions. Runergy Unveils Award-Winning Solar Innovations at RE+ 2024 As a frontrunner in global expansion and overseas market development, Runergy has rapidly established multiple production and research facilities worldwide. This year, the company's PV module factory in Alabama is set to begin mass production with a planned capacity of 2GW. With a solid industry foundation and a robust supply chain, Runergy has earned recognition as one of the most well-known brands in the U.S. photovoltaic market. At the exhibition, Runergy highlighted its advanced high-efficiency PV modules, including the DH108N8B double-glass N-type module. This module features a sleek all-black design, light weight, and flexible installation options. With wind load resistance of up to 3600Pa and a maximum output power of 440W, it promises higher returns and shorter investment cycles for homeowners. Additionally, the DH144N8 module merges the superior characteristics of N-type cells with cutting-edge technologies like AI detection, achieving a module conversion efficiency of up to 22.8% and offering a 25year product warranty and 30-year linear power warranty. The DH156N8 module, delivering over 645W of power, is engineered to withstand LID and LeTID effects, significantly lowering balance of system (BOS) costs for power station construction. Runergy's product lineup also features customized solutions utilizing the latest HJT and 0BB technologies, enhancing performance in extreme weather conditions and catering to the diverse needs of ground-mounted power stations, industrial and commercial applications, and residential photovoltaic markets in the U.S. A highlight of the exhibition was the receipt of three prestigious certifications from RETC, TÜV Rheinland and Kiwa PVEL. These accolades validate Runergy's commitment to quality and its ability to deliver stable, reliable, and high-quality photovoltaic products globally. Notably, Runergy's N-type double-glass bifacial high-load hail-resistant modules successfully passed RETC's rigorous 55mm hail impact reliability test, cementing its status as a trusted choice for developers and stakeholders in renewable energy projects. Additionally, Runergy's N-Type solar module is also recognized as 2024 Top Performer by Kiwa PVEL with superior performance in critical tests. Runergy's N-type module has received cTUVus certification from TÜV Rheinland, which integrates both U.S. UL standards and Canadian CSA standards, ensuring product safety, performance, and compliance that exceed North American market requirements. As Runergy continues to lead in technological innovation and international business growth, the company remains steadfast in its mission: "Transforming the world with science and technology, preserving it with photovoltaic energy." Runergy is dedicated to providing comprehensive solar solutions that contribute to a sustainable, low-carbon future.
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XCharge, Asia Green Fund's Portfolio, Successfully Listed on Nasdaq
BEIJING, Sept. 18, 2024 /PRNewswire/ -- XCHG Limited (XCHARGE) (NASDAQ: XCH) announced the pricing of its initial public offering. XCharge, founded in 2015, is a global leader in integrated EV charging solutions, focusing on Innovative New Energy Technologies and Sustainable Development . The Company offers comprehensive EV charging solutions which primarily include the DC fast chargers, the advanced battery-integrated DC fast chargers, as well as its accompanying services, assisting the rapid development of the new energy industry. XCharge has developed one of the world's first two-way energy storage charging piles – the Net Zero Series DC high-power charging energy storage equipment, which has been commercialized in Europe, North America and Asia, and customers are from EV manufacturers, global energy companies and charging pile operators. According to Frost & Sullivan, XCharge is one of Europe's leading suppliers of high-power charging solutions in terms of sales volume in 2023. Aatish Patel, President and Co-founder of XCharge North America, said: "Our mission is far more than building EV charging piles, but to enable everyone to enjoy the convenient, fair and practical sustainable energy. Now for XCharge, IPO is a milestone, and in the future, XCharge will continue to provide global optimization solutions based on the infrastructure and to develop products for specific markets to provide net zero and affordable solutions worldwide, so that everyone can participate in and jointly build a more resilient and sustainable future!" Dr. Bo Bai, Chairman and Founder of Asia Green Fund, said: "Congratulations to XCharge's IPO. As a shareholder of XCharge, Asia Green Fund is very honored to have participated in and witnessed its growth. We share the same vision of low carbon and sustainable development. The follow-up will be more anticipated that the company expand its influence globally and highlight its greater value on promoting Net Zero future.
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Hygenco enters into MOU with REC to finance Green Ammonia Project in Gopalpur, Odisha
GURUGRAM, India and AHMEDABAD, India, Sept. 18, 2024 /PRNewswire/ -- Hygenco Green Energies Pvt Ltd, a pioneer in producing low-cost green hydrogen, announced entering into a MOU with REC Limited (earlier Rural Electrification Corporation limited) for financing Hygenco's Green Ammonia Project in Gopalpur, Odisha. The MOU was formalized during the 4th Global Re-Invest held in Gandhinagar, Gujarat. Hygenco - REC Limited MOU signing at Gujarat, India The company's Green Ammonia Project is part of its broader vision to reduce carbon emissions. Under the MOU, REC will fund upto $280 million for the project, even as Hygenco is planning to invest about US$2.5 billion towards its green hydrogen and green ammonia projects across India in the next few years. Amit Bansal, Co-Founder and CEO of Hygenco, said, "We are committed to energy security and aligning with the Indian government's vision of Aatmanirbhar Bharat. Our projects will help reduce carbon emissions and pave the way for a sustainable future." Hygenco has already made a name for itself in the green hydrogen space. In March 2024, Hygenco commissioned India's first commercial green hydrogen plant in Hisar, Haryana. In 2022, Hygenco had signed India's first-ever commercial long-term offtake agreement of green hydrogen for the Hisar based project with Jindal Stainless. The developer has also signed agreements with major companies including Sterlite Technologies to supply green hydrogen. Hygenco's goal is to become a global leader in green hydrogen and green ammonia solutions. Hygenco's success is a significant step towards reducing India's carbon footprint. Their projects will help decarbonize industries that are difficult to abate, such as steel and chemical. This will contribute to India's climate goals and help create a sustainable future. About Hygenco: Headquartered in Gurgaon, India, Hygenco develops and deploys scaled-up commercially attractive green hydrogen and green ammonia assets. Hygenco, which has deep capabilities in designing, building, and operating Green Hydrogen projects, has commissioned India's first Green Hydrogen project in Hisar which was inaugurated by Union Minister of Civil Aviation and Steel earlier this year. Hygenco is looking to invest $2.5 billion over 3 years to set up Green Hydrogen projects in India. For more information on Hygenco, please visit https://www.hygenco.in/.
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RESOURCE-SAVING INNOVATION: MAMMUT LOOPINSULATION
SEON, Switzerland, Sept. 17, 2024 /PRNewswire/ -- Swiss mountain sports outfitter Mammut is raising the bar in resource conservation and performance for the 2024 winter season with the launch of its Mammut Loopinsulation. This groundbreaking insulation solution marks another significant step towards a more environmentally friendly future. Mammut Loopinsulation is the result of a successful collaboration with Austrian rope manufacturer Teufelberger. This innovative insulation material is made from production scraps generated during industrial rope manufacturing. Through a mechanical recycling process, free of chemicals, these scraps are transformed into high-quality insulation. "With Mammut Loopinsulation, we are embracing a circular and resource-conscious approach to material reuse. This is a critical step toward the future of sustainable outdoor clothing," explains Helena Theba, Material Management Lead at Mammut. From concept to innovation The development of Loopinsulation began after an analysis of Mammut's carbon footprint in 2018, which revealed that 13% of the company's CO2 emissions came from rope manufacturing. In response, Mammut conducted extensive research on repurposing rope production scraps, leading to the creation of Loopinsulation, a technology that stands out for its efficiency and environmental benefits. First milestones and challenges For the 2024 fall and winter season, Mammut has successfully recycled 12 tons of rope scraps, converting them into valuable insulation material. A key challenge was the variation in rope diameter, quality, and color, which was overcome through innovative solutions and a robust logistics system. "The complexity of recycling processes should never be underestimated," says Theba. "A circular economy demands significant effort and expertise." A practical example: The Sender IN Hooded Jacket One example of Loopinsulation in action is the Sender IN Hooded Jacket. This insulation jacket combines Loopinsulation with a recycled, wind- and water-repellent outer shell, moving Mammut closer to a fully circular, eco-friendly production process. Website:https://www.mammut.com/int/en/mammut-loopinsulation Insulation material from industrial rope production scraps - Hiking Corsica Insulation material from industrial rope production scraps Insulation material from industrial rope production scraps - Hiking Corsica Insulation material from industrial rope production scraps
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Checkmate secures NZD 2.7 million in Seed funding to transform pre-employment screening
The company will use the funds to expand to US and Southeast Asia markets AUCKLAND, New Zealand, Sept. 17, 2024 /PRNewswire/ -- Checkmate, the fast-growing provider of comprehensive pre-employment screening solutions, is thrilled to announce the successful completion of its Seed funding round, securing NZD 2.7 million (over US$1.6 million) from Wavemaker Partners, Southeast Asia's leading early-stage VC investing in B2B, Deep Tech, and Sustainability startups. This investment marks a pivotal moment in Checkmate's journey, enabling the company to expand into new markets and enhance its platform, delivering even greater value to its clients. Founded in 2019, Checkmate tackles critical challenges in HR and recruitment, including lengthy and inefficient hiring processes, high-risk hiring decisions, and the complex compliance requirements of various legal standards. The company has positioned itself as the first in the ANZ region to seamlessly aggregate all pre-employment background checks and reference verifications into a single, fast, and simple experience for all stakeholders. "At Checkmate, we've made it our mission to turn what is typically an unenjoyable and cumbersome task, such as police vetting, into a streamlined and efficient process," said Scott Inglis, CEO and Founder of Checkmate. "Our solution significantly reduces the time-to-hire and enhances the candidate experience, ultimately helping businesses acquire top talent more effectively." Andy Hwang, General Partner at Wavemaker Partners, said: "Checkmate is advancing the HR industry with a platform that integrates pre-employment screening, compliance checks, onboarding, and AI-driven reference checking. This comprehensive solution accelerates hiring, reducing time-to-hire from weeks to a mere three days, while also enhancing compliance and fraud prevention. Additionally, by leveraging referral data for personalised onboarding, Checkmate improves the overall candidate experience–an often overlooked aspect of the process. With over 500 enterprise clients across nine countries, Checkmate enables HR teams to focus on strategic priorities. We are pleased to support the company as they continue to expand to more markets." The Seed funding will be used to fuel Checkmate's expansion into existing and new markets, including Australia, as well as US and Southeast Asia. The funds will also support improvements in the company's technological capabilities and user experience as more organisations seek reliable and efficient pre-employment screening. "We are excited to have secured this funding from Wavemaker," said Inglis. "They have been incredibly supportive of our vision, and this investment enables us to continue building a solution that our clients love. With Wavemaker's backing, we are poised to scale our operations, deepen our impact, and continue innovating to meet the evolving needs of our customers." About Checkmate Checkmate is a pioneering provider of comprehensive pre-employment screening solutions, dedicated to helping organisations minimise risk and maximise potential. By offering a seamless platform that integrates background checks, compliance processes, and AI-driven reference checking, Checkmate ensures the accuracy and reliability of employee backgrounds, fostering safe and productive work environments. Trusted by over 500 enterprises, Checkmate is transforming the way businesses manage talent acquisition across multiple industries. For more information, visit https://www.checkmate.tech/. About Wavemaker Partners Wavemaker Partners is Southeast Asia's leading VC firm investing in early-stage Enterprise, Deep Tech, and Sustainability startups. Since 2012, it has backed more than 200 companies across the region, with over US$600 million in AUM and exits generating over US$1.8 billion in enterprise value. Today, 85% of Wavemaker's active portfolio startups in Southeast Asia are contributing to at least one UN Sustainable Development Goal. In 2021, the firm launched Wavemaker Impact, the region's first-of-its-kind venture builder that co-founds climate-tech startups with experienced entrepreneurs. For more information, visit www.wavemaker.vc or email orbit@wavemaker.vc.
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Halal Route Application - Eat, Travel around Thailand, Safe and Sound Halal Style
BANGKOK, Sept. 16, 2024 /PRNewswire/ -- The Halal Science Center, Chulalongkorn University has developed Halal Route, an application that lists restaurants, lodging, mosques, prayer directions, and tourist attractions in Thailand under Islamic tourism principles. It hopes to help Muslim tourists travel in Thailand with peace of mind, and supports tourism industry operators to grow and welcome a growing number of Muslim tourists. Halal Route Application - Eat, Travel around Thailand, Safe and Sound Halal Style The Tourism Authority of Thailand (TAT) predicts that in 2024 there will be around 168 million Islamic tourists worldwide. According to the Mastercard-Crescent Rating Global Muslim Travel Index (GMTI 2024), Thailand is the 32nd most popular destination for Muslim tourists. However, the major problem Muslim tourists encounter in Thailand is finding Halal-accredited restaurants, hotels, accommodations, or tourist attractions with service areas (such as prayer rooms) that are compliant with the Islamic way. "Halal Route" is a travel aggregator app that collects searchable information on Halal restaurants, mosques, prayer locations, times, and directions for prayers (the qibla), tourist attractions, Muslim villages or communities, hotels, accommodations, etc. This app is linked to Google Maps for navigation with precision. It also supports 3 languages, Thai, English, and Arabic, so that Muslim tourists can live and travel more comfortably and with peace of mind," said Mr.Erfun Weahama, Science Service Officer, Halal Route App development team. Dr. Anat Denyingyot, Assistant Director of the Halal Science Center, emphasized that the Halal Route application has the most reliable and comprehensive information on halal tourism in Thailand today. "All restaurants and locations have had on-site visits and are audited according to standards approved by a trusted authority or organization, such as certifications from religious organizations or halal food-related entities, as well as management systems to guarantee and be responsible for halal conditions (the HAL-Q system)," Dr. Anat assured. Currently, the application has more than 1,100 restaurants in its database, and new locations and services are being updated, covering more than 40 provinces from north to south of Thailand that are popular among tourists. "Halal Route is not only for navigation, but a platform that connects Muslim communities from around the world who have the opportunity to visit Thailand," Associate Professor Dr.Winai Dahlan, Director of the Halal Science Center concluded. The Halal Route application is free to download on both iOS and Android systems. Read the full article at https://www.chula.ac.th/en/highlight/185916/ Media Contact: Chula Communication Center Email: Pataraporn.r@chula.ac.th
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FETC International's MD Dr. Y.C. Chang Honored with the "Master Entrepreneur Award" at APEA 2024
TAIPEI, Sept. 16, 2024 /PRNewswire/ -- The Asia Pacific Enterprise Awards (APEA), one of the region's most prestigious recognitions for business leadership, held its 2024 awards ceremony on September 13 in Taipei. After rigorous evaluation, leaders demonstrating exceptional contributions and management skills across the Asia Pacific were selected. Dr. Y.C. Chang, Managing Director of FETC International, was recognized for his visionary leadership in driving Taiwan's electronic toll collection (ETC) system and smart parking services through digital transformation and green mobility. This marks another global recognition after receiving the Hall of Fame Lifetime Achievement Award at the 2023 ITS World Congress. Dr. YC Chang Recieved Master Entrepreneur Award from Dr. Fong Chan Onn, Chairman of Enterprise Asia and Dr. Niven Huang, Managing Director of KPMG Sustainability Consulting Company Limited of KPMG in Taiwan Dr. Chang, upon receiving the award, emphasized the significance of green and smart transportation as a global trend for sustainability. He highlighted FETC's commitment to implementing Chairman Douglas Hsu's vision of making Taiwan's transportation systems more user-friendly and eco-conscious, contributing to energy efficiency and carbon reduction. FETC's recent expansion of ETC services into parking solutions is a testament to this commitment, as it integrates driving, parking, and vehicle use, benefiting millions of drivers across Taiwan. Furthermore, Dr. Chang shared FETC's internal transformation journey, emphasizing the shift in talent development, from operational to entrepreneurial and service-oriented teams. This strategic talent shift has become a cornerstone of FETC's success, creating a culture of innovation within the company. He stated, "In this era of digital transformation, where businesses strive to stand out, this award is not just a recognition of individual leadership, but a testament to the nearly 20-year journey of the entire FETC team and our collaborative partnerships with the government." The APEA jury commended Taiwan's Multi-Lane Free-Flow (MLFF) ETC system as a model of intelligent transportation in Asia, praising Dr. Chang's foresight in expanding ETC services beyond highways and spearheading the export of Taiwan's ITS technology to countries like Thailand, Malaysia, and India, creating sustainable green transportation solutions across Southeast Asia.
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Risen Energy Champions Environmental Stewardship for a Greener Future
NINGBO, China, Sept. 16, 2024 /PRNewswire/ -- On September 20, World Cleanup Day 2024 kicks off during the Clean Up the World Weekend (CUW Weekend), themed "make room for life." Since joining the UN Global Compact (UNGC) in 2021, Risen Energy, a leader in global photovoltaic (PV) innovation, has committed to advancing global sustainable development through concrete initiatives. We rigorously implement environmental pollution control and waste management practices, adhering strictly to environmental protection protocols. In 2023, we consistently monitored key pollutants, including exhaust gas and wastewater emissions, and carried out thorough risk analysis and assessments for pollution-intensive production processes. Furthermore, we formulated the Emergency Plan for Sudden Environmental Events to enhance our response mechanisms and reduce pollution arising from irregular emissions. With a focus on solid waste management, we aim to reduce total solid waste intensity (t/mw) by 10% by 2030. Compliant with legal frameworks and standards, we meticulously manage hazardous and non-hazardous solid waste through identification, storage, training, and emergency preparedness. Hazardous waste is strictly handled by licensed third-party entities for safe transfer and disposal. Notably, during the 2023 sustainability reporting period, all hazardous solid waste generated by Risen Energy was responsibly managed and disposed of by qualified partners, preventing environmental damage. From its founding through 2023, Risen Energy has shipped a cumulative 82GWp, reducing carbon emissions by 200 million tons, equivalent to planting approximately 2.7 billion trees.
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Sinopec Wins Best Environmental Protection Case at the First Sino-European Corporate ESG Best Practice Conference in Frankfurt
FRANKFURT, Germany, Sept. 14, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (Sinopec, HKG: 0386) has been honored with the Best Environmental Protection Case award at the First Sino-European Corporate ESG Best Practice Conference in Frankfurt, Germany. The event, held at Congress Center Messe Frankfurt, recognized Sinopec's outstanding contributions to sustainable development. Sinopec Wins Best Environmental Protection Case at the First Sino-European Corporate ESG Best Practice Conference in Frankfurt. Themed Together for the Future, the conference showcased top cases in ten categories, including environmental protection, social responsibility, corporate governance, and technological innovation. It aimed to foster dialogue and cooperation on sustainable development between Chinese and European businesses and deepen understanding of China's advancements among German and European industrial communities. KPMG served as the knowledge partner, providing professional services throughout the selection process. The event was co-organized by several prominent institutions, including the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, China International Publishing Group, Frankfurt Chamber of Commerce, Frankfurt International Auto Parts Exhibition, and the German-Chinese Economic Association. This recognition not only underscores Sinopec's leadership in environmental stewardship but also reflects its ongoing efforts towards achieving a more sustainable future through innovative practices across all aspects of business operation, from governance to social responsibilities. Yongsheng Yu, Managing Director of Sinopec Group Branding Department, underscoring the company's dedication to embedding environmental sustainability into its core operations. Emphasizing their commitment to the mantra "Cleaner Energy, Better Life," Sinopec has strategically adopted Environmental, Social, and Governance (ESG) principles as a cornerstone of its business strategy. Sinopec, one of the world's top refining companies and the second-largest chemical product producer and marketer, strives to balance development between its enterprise and societal welfare. Since 2007, with its first sustainability report released for the following 18 consecutive years, the company has been enhancing its ESG governance to address global challenges like climate change and energy security while also adapting to trends such as the electrification of transportation and steadily promoting energy transformation. In tackling global challenges such as climate change and energy security, Sinopec's Board of Directors has continually improved its ESG governance structure, energetically implemented a green and clean development strategy, and progressively advanced energy transition while embracing the electrification trend in transportation energy. Sinopec will continue to work towards being a key player in the creation of a clean and beautiful world, a trailblazer in green and low-carbon development, and a protector of shared planet.
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DJ and Producer Mike Cerda Crafts Unique Beats With KRK Monitors, Subwoofers, and Headphones
DJ, Producer, and Multi-instrumentalist Mike Cerda has been in the music industry for over 25 years. He has worked with various artists and bands such as Shakira, Axwell & Ingrosso, and ChocQuibTown, among others. Cerda’s collaborations with GRAMMY® and Latin GRAMMY winners, in addition to his role as Musical Director for Maluma, have allowed his influence to reach international heights. To ensure clear and consistent sound when creating beats in his Miami studio, Cerda relies on the KRK V-Series V6 Powered Studio Monitors, an S10.4 Powered Studio Subwoofer, and KNS 8402 Studio Headphones. For times when he’s crafting arrangements on the road, Cerda calls on the KRK GoAux Mobile Monitoring System. “I think the most important thing to consider when choosing a pair of speakers is whether they reflect what’s happening and provide transparency of the audio,” says Cerda. “There are a lot of brands that either underrepresent or overrepresent the sound. For me, KRK translates my ideas in the mix exactly how I want.” Cerda also notes the importance of how his new KRK Subwoofer complements his latest V-Series studio monitors. “I love the combination of my V6 monitors with the 10-inch sub,” he shares. “Even at very low volumes, there is still a great bass presence that translates well in my mixes. Without the sub, I would have to work with higher volumes just to feel the bass.” A longtime user of KRK, Cerda acquired his first pair of V-Series monitors from a friend and says it was the brand’s aesthetic that initially drew him in. “The appearance of the KRKs is great; I love the yellow cones,” he explains. “The way they look against the brushed metal finish of the faceplate makes the monitors seem almost futuristic.” Cerda also credits the flexibility of the KRK V-Series as being an important benefit. “It is cool that you can adapt the speakers to any environment that you are working in,” he adds. “They are very easy to use; you can tune them to any room, and they will sound great.” In addition to his monitors and subwoofer, Cerda praises his KNS headphones for helping him perfect his mixes. “I love the KRK headphones,” he adds. “They are excellent for mixing, but I also use them during recordings as a reference to check my mixes. When I am at my home studio, I use KNS all the time, especially now that I’m a new dad and need to keep the volume low at times.” Cerda has spent a lot of time touring with Maluma and found himself frequently calling on his KRK GoAux to produce on the go. “I did not want to have to be isolated in a hotel room, so I would carry my GoAux and use them as a reference when listening,” he explains. “With GoAux, I no longer have to make arrangements to find a studio while on the road; they are easy to travel with and get set up and provide me with a helpful tool for referencing productions and mixes on the go.” Aside from the features of KRK products themselves, Cerda also finds that the team behind KRK has been instrumental to him. “The support I receive from KRK and [its parent company] Gibson is amazing,” he shares. “I love the Miami team; they are incredible and easy to work with. If I need help with my gear in any way, they are there for me.” A proud Venezuelan who was born in Caracas, Cerda has been around music his entire life. His musical odyssey began with his grandfather’s influence, a guiding force that introduced him to the world of music. At the age of eight, he embraced instruments like trombone, trumpet, and saxophone, setting the stage for a lifelong passion. While studying geophysical engineering in school, Cerda started a rap/hip-hop band called Cuarto Poder. The band soon became mainstream in Venezuela, which inspired Cerda to switch to studying recording arts in school. Cerda found it enriching to learn the theory of music while getting hands-on practice at the same time. Now, with a wealth of experiences from traveling the world, Cerda immerses himself in his latest projects. He fuses the captivating realms of house music with the diverse influences that have shaped his musical identity while also exploring unique sound and rhythm.
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Creta Class Joins Singapore Children's Society for 2024 Fundraising Walk and Sparks Children's Love and Confidence in Maths
SINGAPORE, Sept. 13, 2024 /PRNewswire/ -- Creta Class, a leading online educational platform, proudly participated in the Singapore Children's Society Walk For Our Children 2024 at Sentosa on 8th of September. Creta Class is committed to supporting the Singapore Children's Society through a long-term collaboration, offering full-year courses to 10 children aged 3-8 years old at no cost. Leading EdTech company Creta Class highlights its learning product at the Walk For Our Children 2024 event, drawing many young families. Mr Ong Ye Kung, Minister for Health was the Guest of Honour at the event, bringing together families, local businesses and volunteers all united by a common cause – to raise awareness and funds for children's mental wellbeing and overall development. Participants of all ages enjoyed the scenic route, engaging in various interactive activities and games organised by Children's Society. As a contributor at the event, Creta Class set up a booth that offered fun, interactive learning activities for children that sparks curiosity and promotes learning, attracting many young families. A spokesperson from Creta Class shared, "We are committed to giving back to the community, supporting causes that support children. Education and health are fundamental to every child's success in this ever-evolving world, and we are proud to be a proactive contributor to initiatives that help make these pillars accessible.". A user of Creta Class, CJ, shared that she was pleasantly surprised to see Creta Class at the children's walk and she hopes for "more parents and children to be aware of Creta Class" due to the improvement she saw in her child over 3 months of daily learning. Felicia Chua, Director of Community Engagement & Partnerships from Singapore Children's Society expressed gratitude towards Creta Class and other supporters for their generosity and support. "Fundraising events such as Walk for Our Children are vital in helping us raise awareness and funds for our cause. We appreciate Creta Class's participation as a stall supporter and allowing us to better achieve our mission of bringing relief and happiness to children in need," said Ms Chua. All funds raised from this event go towards supporting the programmes and services run by Singapore Children's Society. The collaboration between Creta Class and Singapore Children's Society exemplifies a successful partnership between the EdTech sector and Non-Profit Organisations. Such initiatives not only provide direct benefits to children in need but also foster a sense of community and shared purpose among participants. Committed to innovation, Creta Class integrates cutting-edge technology into its products and services, with aims to create enjoyable and enriching learning opportunities for children globally. About Creta Class Creta Class integrates AI technology and education expertise to provide a fun and inspiring educational experience for children around the world with a presence in the United States, Singapore, Japan, Korea, India, among other countries and regions. For more information, please visit www.cretaclass.com.
