Category: Alternative Energy

BLUETTI Launches AC180 Portable Power Supply for Emergency Backups, Blackouts, and Off-Grid Excursions

BLUETTI, a market leader in the energy storage industry, is about to unveil AC180 on 4 May. Designed with a bunch of improvements that kit it up a notch, it’s a long-anticipated model for emergency backup, sudden blackouts, excursions, and more.

BLUETTI AC180 Power Station

To boost the off-grid lifestyle, BLUETTI equips AC180 with a 1800W output and 1152Wh capacity, covering almost all power demands of essentials at home or in the wild. Furthermore, AC180 also comes with a Power Lifting Mode of 2700W output to effortlessly run high-powered devices like kettles, heaters, etc.

In view of portability, AC180 is ultra-compact for effortless transportation, as it measures 340mm x 247mm x 317mm (H x W x H) and weighs only 17kg, making it easy to carry around on the way to the next campsite.

For outdoor enthusiasts exploring off the beaten tracks far from the main grid, the reliable power source is always on call, as AC180 supports up to 1440W Turbo Charging; 0-80% SOC only takes about 45 minutes.

Given the UPS system, there’s no need to worry about losing data or hardware damage in the event of a power outage, since AC180 can automatically detect the blackout once it occurs and seamlessly switch over in 20 milliseconds in a way that no one can even notice.

Keeping high security and longevity in mind, BLUETTI adopts safe and durable LiFePO4 battery cells and guarantees a worry-free warranty for as long as five years, which really sets it apart from most competitors throughout the market.

“Our R&D team once envisioned a power station integrated with portability, capability, and cost performance, and now we’ve made it come true. AC180 has everything users could possibly need without costing an arm and a leg,” said James Ray, the marketing director of BLUETTI.

About BLUETTI
From the very beginning, BLUETTI has tried to stay true to a sustainable future through green energy storage solutions for both indoor and outdoor use while delivering an exceptional eco-friendly experience for our homes and our world. That’s why BLUETTI makes its presence in 70+ countries and is trusted by millions of customers across the globe. For more information, please visit BLUETTI online at https://www.bluettipower.com.au/.

YouTube: www.youtube.com/@BLUETTIOfficial
Facebook: https://www.facebook.com/bluetti.au
Twitter: https://twitter.com/bluetti_inc
Instagram: https://www.instagram.com/bluetti_australia/

Contact Information
Amanda Yan
Integrated Marketing for BLUETTI
pr@bluetti.com
+8615013559696

SOURCE: BLUETTI ENERGY PTY LTD

BLUETTI EP600 and AC500 Win Red Dot Design Award 2023

BLUETTI, a leading provider of portable power stations, is proud to announce that its products EP600 and AC500 have won the Red Dot Design Award 2023. The award recognizes the outstanding design of the two products and acknowledges the innovation and excellence of BLUETTI’s design team.

The Red Dot Design Award is one of the most renowned design competitions in the world, and it attracts thousands of entries from different countries and industries. The award recognizes products that demonstrate exceptional design, quality, and innovation. Winning the award is a significant achievement for BLUETTI, and it demonstrates the company’s commitment to creating products that are not only functional but also aesthetically pleasing.

The EP600&B500 is BLUETTI’s latest Energy Storage System (ESS), launched in Europe last November. It’s designed for on-grid or off-grid use with easy installation and simple operation. With a modular design and cutting-edge technology, it is the perfect solution to reach power independence in a sustainable way.

The AC500&B300S is a modular power station for home backup or off-grid living. It adopts reliable LiFePo4 batteries that contain no harmful heavy metals and advanced technology to enable fast charging, split phase function, and UPS protection. It features a simple yet aesthetic design, and superior performance, a true marriage of functionality and beauty.

“We are thrilled to have won the Red Dot Design Award 2023,” said Jame Ray, spokesperson for BLUETTI. “Our design team has worked tirelessly to create products that not only perform well but also look great. Winning this award is a testament to their hard work and dedication, and we are proud of what we have achieved”.

BLUETTI has won this award several times for its innovative and eco-friendly energy products. Innovation, sustainability, and excellence are written in its DNA. The EP600 and AC500 are currently available for purchase on BLUETTI’s website, and they come respectively with a 10-year and 4-year warranty.

About BLUETTI
From the very beginning, BLUETTI has tried to stay true to a sustainable future through green energy storage solutions for both indoor and outdoor use while delivering an exceptional eco-friendly experience for our homes and our world. That’s why BLUETTI makes its presence in 70+ countries and is trusted by millions of customers across the globe.

For more information, please visit BLUETTI website or follow BLUETTI on:
YouTube: https://www.youtube.com/@BLUETTIOfficial
Facebook: https://www.facebook.com/bluetti.au
Instagram: https://www.instagram.com/bluetti_australia/

Contact Information
Amanda Yan
Integrated Marketing for BLUETTI
pr@bluetti.com
+8615013559696

SOURCE: BLUETTI ENERGY PTY LTD

Kronos Fusion Energy Unveils Groundbreaking AI/ML-Powered Simulation Suite for Fusion Reactors, Calls for Global Community Beta Testers

  • Kronos Fusion Energy, a leader in the fusion energy sector, invites the global fusion energy community to beta test their advanced AI/ML-enhanced suite of simulation products, designed to expedite the commercialization of fusion energy technology.

Kronos Fusion Energy, a pioneering entity in the fusion energy landscape, extends an invitation to the global fusion energy community to beta test its suite of Kronos simulation products. This suite, incorporating advanced AI/ML models and algorithms, is engineered to facilitate the swift commercialization of fusion energy technology.

Priyanca Ford, the founder of Kronos Fusion Energy, remarked, “Since 1970, we’ve witnessed fusion energy capability double every 1.8 years in terms of plasma density, pressure, and confinement time, reflecting the growth trajectory of transistor numbers on silicon chips that revolutionized the electronics industry. At Kronos Fusion Energy, we believe that with the aid of AI/ML-driven continuous development and strategic investments today, achieving practical fusion energy will be within our grasp in less than 20 years.”

Encompassing six distinct fusion energy generator configurations, the suite supports field-reversed configuration (FRC), magnetized target fusion (MTF), fusion energy drive (FED), magnetic confinement fusion (MCF), inertial confinement fusion (ICF), and stellarator reactor types. The AI/ML-enhanced simulation suite is developed on Python, SAP, MATLAB/SIMULINK, Amazon Web Services, and D-wave platforms, and comprises:

– Kronos MagnetSim: AI/ML-driven simulation of confinement magnets
– Kronos PlasmaSim: Plasma density and dynamics modeling using advanced algorithms
– Kronos IgnSym: AI-based ignition process and transition to aneutronic operation analysis
– Kronos FuelSim: Plasma fueling and fuel cycle system simulation leveraging ML techniques
– Kronos HeliSim: Aneutronic fuel systems exploration with AI/ML capabilities
– Kronos SafeSim: Fusion energy safety and security assessment through AI-guided safety thresholds and sweet spots simulation
– Kronos MilSim: Special condition simulations for diverse applications with heightened security requirements and AI/ML integration
– Kronos DriveSim: Magnetohydrodynamics (MHD) and gyrokinetics simulations for core and pedestal analysis utilizing AI/ML models
– Kronos TokaSim: AI-enhanced tokamak reactor simulation
– Kronos QuantumSim: Traditional simulation adaptation for quantum computer operation incorporating AI/ML methodologies
– Kronos SpaceSim: AI/ML-powered space application simulation for size, weight, and zero-gravity operation optimization
– Kronos RuggSim: Extreme application operation simulation necessitating specialized materials and construction techniques, supported by AI/ML
– Kronos MatSim: Fusion energy generator material utilization simulation employing advanced AI/ML algorithms

Kronos Fusion Energy’s AI/ML-driven improvements to the S.M.A.R.T. tokamak system are meticulously engineered to enhance its operational capabilities and performance. These advancements increase the probability of achieving the high confinement efficiency and elevated “beta” values essential for successful aneutronic fusion, by leveraging cutting-edge artificial intelligence and machine learning techniques.

About Kronos Fusion Energy:
Kronos Fusion Energy, a leading company in the fusion sector, is dedicated to creating AI/ML-powered solutions for various reactor types to meet the world’s increasing energy needs. By utilizing advanced simulation methods and aneutronic fusion technologies, Kronos aims to promote environmental conservation and foster long-term global stability in the energy landscape.

Contact Information
Andrea Romero
Sakura Marketing
andrea@sakuramarketingfirm.com

SOURCE: Kronos Fusion Energy Incorporated

Kronos Fusion Energy Unleashes Groundbreaking S.M.A.R.T. 40 Approach: Ushering in a New Era of Clean, Boundless Energy

  • Kronos Fusion Energy, an industry leader in fusion energy technology, has unveiled its groundbreaking S.M.A.R.T. 40 commercialization strategy, which aims to mass-produce Fusion Energy Generators by 2036.

Kronos Fusion Energy, a pioneer in fusion energy technology, announces its innovative S.M.A.R.T. (Superconducting Minimum-Aspect-Ratio Torus) system, designed to harness fusion energy’s potential for clean, virtually limitless power. By employing advanced materials and an aneutronic fuel mix of deuterium and helium-3 (D-He3), the S.M.A.R.T. 40 torus aims to provide continuous operation, reduced reactor damage, and increased electric generation efficiency.

Fusion energy is crucial for a clean and limitless energy future, addressing pollution, waste, and finite resources associated with traditional energy sources. Aneutronic fusion offers significant advantages, including reduced shielding, remote handling, and safety measures, as well as increased energy conversion efficiency.

Kronos Fusion Energy is also exploring an accelerator-driven system (ADS) for sustainable mass production of tritium, a vital component for Fusion Energy Generators. The ADS, a nuclear reactor design, combines a high-energy proton or electron accelerator with a subcritical nuclear reactor core, yielding large amounts of tritium without generating long-lived radioactive waste.

The company’s commitment to innovation and sustainability aims to maintain the United States’ leadership in fusion energy research and deployment, fostering global peace through clean, limitless energy solutions. With the goal of mass-producing Fusion Energy Generators by 2036, Kronos Fusion Energy continues to develop state-of-the-art solutions for a cleaner, more sustainable future.

About Kronos Fusion Energy:
Kronos Fusion Energy, a trailblazer in the fusion energy sector, is dedicated to the research, development, and commercialization of fusion energy generators by 2036. The company’s commitment to innovation, sustainability, and global peace drives its pursuit of solutions that address the world’s energy needs while safeguarding the environment and fostering long-term peace and stability.

Contact Information
Andrea Romero
Sakura Marketing
andrea@sakuramarketingfirm.com

SOURCE: Kronos Fusion Energy Incorporated

Government of Thailand to Gather Industry Leaders in Bangkok for “Ministerial Energy Forum” at Future Energy Asia 2023

The Kingdom of Thailand’s Ministry of Energy, together with dmg events and Exposis, announced the launch of the inaugural “Ministerial Energy Forum”, which is set to take place at the Future Energy Asia Exhibition & Summit in Bangkok from 17-19 May 2023.

The event is backed by the Thailand Convention & Exhibition Bureau (TCEB) and has been nominated Thailand’s Ministry of Energy under the One Ministry – One Convention framework. Reflecting the critical need for a platform to tackle global energy issues from an Asian perspective.

As the energy transition continues to touch almost every aspect of global policy making, the Ministerial Energy Forum will host key figures from Southeast Asia and beyond – including Ministers of Energy, policymakers, diplomats and more – and generate strategic and technical insights to help shape the short, medium, and long-term energy policies that will define the decades to come.

Through the participation of key figures from the Ministry of Energy – including the Deputy Prime Minister and Minister of Energy, His Excellency Supattanapong Punmeechaow – the Forum will also shine a light on the policies and priorities of the government of Thailand.

As burgeoning economic growth and increased energy demand position the country at the centre of the global energy transition, the Forum will support the development of the energy sector in Thailand and the wider ASEAN region.

Speaking at the launch of the Ministerial Energy Forum, Prof. Dr. Pisut Painmanakul, Secretary to the Minister of Energy, Ministry of Energy Thailand, said, “We are pleased to offer our strong support to Future Energy Asia, and we are delighted to be hosting the Ministerial Energy Forum at this year’s event, which comes at a pivotal moment for the industry and the region.

“Thailand is proud to be carving a new path towards sustainable development. We are committed to carbon neutrality by 2050 and net-zero greenhouse gas emissions by 2065 and we are excited by the opportunity that the event presents to help us achieve these goals, and to showcase our ongoing efforts, including the Bangkok Goals for the BCG Economy.”

The fifth edition of Future Energy Asia is also supported by key companies central to Thailand’s energy transition, including PTT and the Electricity Generating Authority of Thailand.

Alongside the Ministerial Energy Forum, Future Energy Asia will also host a high-level strategic summit, a technical conference, and an international exhibition where industry players will showcase their technologies and services. Key industries that will be participating include, oil & gas, renewables, hydrogen and carbon capture, utilisation, and storage (CCUS), all of which have an essential role to play in achieving net-zero targets, regionally and globally.

Future Energy Asia will be co-located with Future Mobility Asia, a comprehensive showcase of future clean mobility concepts, solutions, technologies, and innovations. The Future Mobility Asia exhibition and strategic & technical conferences will form the central meeting point for OEMs, mobility innovators, after-market suppliers, and technology solution providers to meet, network and drive forward the mobility transition and transformation in Asia.

The Future Mobility Hub – a first of its kind interactive and immersive showcase – will be a highlight of the Future Mobility Asia exhibition, offering visitors a glimpse into a cosmopolitan city where future mobility and technology is woven into one.

By 2030 Southeast Asia will be the fourth largest global economy, with energy demand expected to have tripled between 2013 and 2040, giving the region an integral role to play in paving the path to net-zero. Future Energy Asia and Future Mobility Asia will provide the international community with unparalleled access to industry insights and business leaders transforming the energy value chain and will bring unrivalled benefits to the local and regional industry, including the generation of hundreds of millions in trade value.

Chiruit Isarangkun Na Ayuthaya, President of Thailand Convention and Exhibition Bureau, said, “We look forward to supporting this year’s edition of Future Energy Asia a primary event of focus especially with the Ministerial Energy Forum. Thailand is a global hub at the centre of the fastest and most important economic growth in the world which is why the issues that will be addressed at this year’s event are so important.”

Christopher Hudson, President of dmg events, organiser of Future Energy Asia, said, “The global energy transition is at the heart of Future Energy Asia and the strong support we have received from the Ministry of Energy and the Thailand Convention & Exhibition Bureau reflects the importance of strategic action in making energy accessible, secure, and affordable for all.”

About Future Energy Asia

Hosted by the Kingdom of Thailand’s Ministry of Energy and organised by dmg events, the fifth edition of Future Energy Asia will welcome over 18,000 visitors to Bangkok, to showcase the vital role that the energy sector has to play in meeting global energy demand and unlocking the potential of a decarbonised future, in Asia and beyond.

The fifth edition of Future Energy Asia will feature:

– An exhibition showcasing over 300 companies from more than 70 countries, highlighting the vital role the energy sector has to play in the decarbonised future from a global and Asian perspective.
– The inaugural Ministerial Energy Forum bringing together 15+ energy ministers, policymakers and industry stakeholders to discuss pertinent challenges and policy responses around energy accessibility, affordability and security.
– A high-level Strategic Summit on the new market dynamics and innovations that are changing the energy sector including the potential of hydrogen to support the energy transition, decarbonising E&P operations, accelerating investments in new project development, unlocking new technologies in the energy sector, navigating changing gas LNG markets, and the importance of digitalisation in modernising the grid. A Technical Conference convening engineers and project managers across 100+ sessions, enabling the technical skills and knowledge share required to navigate a rapidly changing industry, and offering visitors key insights into vital progress that is being made towards decarbonising the energy value chain.

About Future Mobility Asia

Co-located alongside Future Energy Asia, the second edition of Future Mobility Asia will offer a comprehensive showcase of all future clean mobility concepts, solutions, technologies, and innovations. The exhibition and summit will be central meeting point for OEMs, mobility innovators, after-market suppliers and technology solutions providers to meet, network and drive forward the mobility transition and transformation in Asia. Mobility will form a central pillar of the discussions, showcases and exhibitions taking place throughout the show, including the Ministerial Energy Forum.

Future Energy Asia and Future Mobility Asia will take place at the Queen Sirikit National Convention Center, Bangkok, Thailand from 17-19 May 2023.

Anyone wishing to attend can register:
Delegate – https://www.futureenergyasia.com/delegateregistration/
Visitor – https://www.futureenergyasia.com/visitor-registration
For more information, please visit https://www.futureenergyasia.com/

About dmg events

dmg events is one of the leading global event organisers, with 84 events across several key industries, attracting over 425,000 attendees. Its energy portfolio includes some of the biggest events in the sector, such ADIPEC, Gastech, Egypt Energy Show (EGYPES), World Utilities Congress, NOG Event and the Global Energy Show. Find out more at www.dmgevents.com.

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@futureenergyasia

For media enquiries, contact:
fea23@pa.group

For media partnerships, contact:
marketing@futureenergyasia.com

Elektros Launches New Clean Energy Technology Brand – Elektros Energy

Elektros (OTC PINK:ELEK), an emerging leader in the electric mobility industry, announces the launch of its new clean energy technology brand, Elektros Energy.

Elektros Energy brand will better reflect its focus on such areas as Lithium mining, EV charging, solar energy, and innovative solutions to help accelerate the world’s transition to a cleaner and more sustainable energy future.

Lithium mining is a critical component of the clean energy industry, as it is a key material used in the production of batteries for electric vehicles and renewable energy storage. Elektros Energy is committed to responsibly sourcing Lithium, ensuring that it is extracted in an environmentally and socially responsible way.

Elektros recently announced it had begun discussions regarding potential stake or development agreement for virgin Lithium mining project located in Sierra Leon, Africa.

EV charging is another area of focus for Elektros Energy, as the demand for electric vehicles continues to rise. The company is working on developing fast, reliable, and accessible charging solutions for EV drivers to make it easier for them to adopt this sustainable mode of transportation.

The company’s patent pending Multi-Port Charging Assembly allows users to use multiple charging features on electric vehicles we plan to not only include in our designs, but aggressively market to major electric vehicle manufacturers under licensing agreements.

MISSION STATEMENT
At Elektros, our mission is to revolutionize the clean technology industry by developing innovative and sustainable solutions that empower individuals, businesses, and communities to transition to a greener future. We believe that by harnessing the power of technology, we can create a cleaner, healthier, and more sustainable world for generations to come.

We are committed to using the latest advancements in science and engineering to design and manufacture cutting-edge products that meet the highest standards of quality, efficiency, and sustainability. We strive to minimize our environmental impact by adopting sustainable practices in our operations and supply chain, while maximizing social impact through our partnerships and community engagement initiatives.

At Elektros, we believe that clean technology is the key to unlocking a brighter future, and we are dedicated to making that future a reality. We are constantly pushing the boundaries of what is possible, and we are committed to delivering the best possible outcomes for our customers, our stakeholders, and the planet.

For more information about Elektros Energy, please visit www.elektrosenergy.com

About Elektros, Inc.
Elektros, Inc. is a leading technology company dedicated to the development of innovative clean energy solutions. The company is focused on advancing the world’s transition to a cleaner and more sustainable energy future through its work in electric vehicles (EV), Lithium mining, EV charging, and solar power. With a commitment to responsible sourcing and sustainability, Elektros is working to create a more environmentally and socially conscious world. Through its focus on cutting-edge technologies and a team of experienced professionals, Elektros is poised to make a significant impact on the clean energy industry and help drive positive change for generations to come. www.elektrosenergy.com

Twitter: https://twitter.com/elektrosenergy
Facebook: https://www.facebook.com/Elektrosmotors/

Cautionary Language Concerning Forward-Looking Statements
This release contains “forward-looking statements” that include information relating to future events and future financial and operating performance. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential,” and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Elektros, Inc.’s products, the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Elektros Inc.’s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs, and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Elektros Inc., please refer to the Company’s Securities and Exchange Commission filings, which are available at www.sec.gov. Elektros, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT:
Elektros, Inc.
Email: info@elektrosmotors.com

SOURCE: Elektros, Inc.

Rapid Progress on Installation of INNIO’s Hydrogen Production

INNIO orders two electrolyzers for its hydrogen production plant in Jenbach

To convert green electricity to green hydrogen (H2) for its power-to-hydrogen-to-power project, INNIO has ordered two electrolyzers with a total capacity of 2 MW from H-TEC SYSTEMS. This represents a critical step in realizing the company’s sustainable hydrogen product strategy as part of which all new Jenbacher plants are already “Ready for H2” today. The entire Jenbacher engine product line is expected to be rolled out for 100% hydrogen operation as of 2025. At the same time, the supply of green hydrogen at the Jenbach site represents a milestone on the way to net zero operations on site.

The 2 MW system will be constructed in a container design located on the premises of the Achensee power plant of TIWAG – Tiroler Wasserkraft AG. Its subsidiary TINEXT will build the necessary compressor and storage terminals. Locally produced hydrogen – a key enabler of the energy transition – will be transported in a pipeline from the TINEXT compressor and storage terminals to INNIO’s primary operations in Jenbach.

At a system efficiency of 74%, the two H-TEC SYSTEMS PEM electrolyzers will produce a total of up to 900 kg of green hydrogen daily. This quantity is enough to power the 2 MW Jenbacher H2 engine test bench. Thus, in addition to solar, battery, and hydropower, the primary operations can also be supplied with green electricity and heat generated from green hydrogen. At its INNIO360 Energy Lab in Jenbach, INNIO demonstrates how the energy transition of an industrial plant works.

“By ordering these electrolyzers from H-TEC SYSTEMS, we are taking the next important steps in further advancing INNIO’s pioneering role in green power generation. After all, supplying green hydrogen represents an important prerequisite for the sustainable, economical, and timely implementation of our hydrogen product strategy,” states Martin Muhlbacher, INNIO Vice President and Site Manager in Jenbach. “Using green hydrogen to generate electricity allows us to further reduce the carbon footprint of our Jenbach site,” Muhlbacher continues.

“At INNIO’s energy lab, our electrolyzers will be used to expand a more secure, economical and green energy supply with combined heat and power plants,” explains Tobias Fritsch, project manager at H-TEC SYSTEMS. “This technology is the backbone of the energy transition, since hydrogen – as in this case – replaces fossil fuels and, at the same time, can be stored for weeks and even months. We appreciate the trust that INNIO has placed in us and the opportunity to jointly realize this forward-looking project for Austria.”

This project is sponsored by funds from the Climate and Energy Fund and implemented within the framework of the Austrian Research, Technological Development, and Innovation initiative “Energy Model Region.”

About INNIO
INNIO is a leading energy solution and service provider that empowers industries and communities to make sustainable energy work today. With our product brands Jenbacher and Waukesha and our digital platform myPlant, INNIO offers innovative solutions for the power generation and compression segments that help industries and communities generate and manage energy sustainably while navigating the fast-changing landscape of traditional and green energy sources. We are individual in scope, but global in scale. With our flexible, scalable, and resilient energy solutions and services, we are enabling our customers to manage the energy transition along the energy value chain wherever they are in their transition journey.

INNIO is headquartered in Jenbach (Austria), with other primary operations in Waukesha (Wisconsin, U.S.) and Welland (Ontario, Canada). A team of more than 4,000 experts provides life-cycle support to the more than 55,000 delivered engines globally through a service network in more than 100 countries.

INNIO’s improved ESG Risk Rating again secures the number one position across more than 500 companies globally in the machinery industry assessed by Sustainalytics. For more information, visit INNIO’s website at www.innio.com. Follow INNIO on Twitter and LinkedIn.

Contact Information
Susanne Reichelt
INNIO Media Relations
susanne.reichelt@innio.com
+43 664 80833 2382

SOURCE: INNIO Group

Samaiden Gets Bursa Approval for the transfer to Main Market

  • Transfer of listing testimony to strength of business and track record of profitability and projects

Samaiden Group Berhad, a renewable energy (RE) specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power plants has announced the approval obtained from Bursa Malaysia Securities Berhad for the transfer of the listing of and quotation for its entire issued share capital and outstanding warrants from the ACE Market to the Main Market of Bursa Securities today.

Group Managing Director of Samaiden, Ir. Chow Pui Hee

Bursa Securities had, vide its letter dated 27 March 2023, approved the transfer under the “Industrial Products & Services” sector. The transfer of listing will take effect two market days upon the announcement to Bursa Securities on the transfer date to be announced later.

In relation to the transfer of listing, Samaiden had met the profit requirements under the SC’s Equity Guidelines where it had achieved an aggregate after-tax profit of RM32.59 million over the last four financial years and an after-tax profit of RM11.93 million for the most recent financial year.

Group Managing Director of Samaiden, Ir. Chow Pui Hee said, “The successful transfer of listing of Samaiden to the Main Market is testimony to the strength of our business and track record of EPCC projects that we have completed. We will continue to leverage on our RE expertise in PV systems and power plants to seek more projects as businesses and other organisations move towards more sustainable operations. We are also encouraged by government initiatives that serve as the catalyst for the RE industry development in Malaysia and which enable us to participate as an investor.”

“The listing on the Main Market not only reflects Samaiden’s current scale of operations but will also help to improve investor’s recognition and interest in our shares, especially from institutional investors, which in turn will enhance the attractiveness and marketability of our shares. It will also enhance our standing and credibility among customers, suppliers, sub-contractors, business associates, bankers and employees that we have worked hard to maintain ever since our listing on the ACE Market on 15 October 2020.”

Samaiden Group Bhd: 0223 [BURSA: SAMAIDEN], https://samaiden.com.my/

INNIO’s Wuhan Waste-to-Energy Project Enters Phase II With Commissioning of Six Additional Jenbacher J320 Engines

  • Jenbacher technology generates 14.9 MW of flexible, scalable, and resilient power from captured landfill gas – enough to power 35,000 homes in Wuhan
  • Jenbacher distributor Shenfa continues technical services for installation
  • Six additional Jenbacher J320 engines mark 14 engines at the power plant

INNIO today announced that Wuhan Environmental Investment and Development Co., Ltd (WEID) has commissioned six additional of INNIO’s Jenbacher J320 engines for the Wuhan Jiangxia Changshankou Municipal Solid Waste landfill gas (LFG) project. INNIO’s distributor, Guangzhou Shenfa Electromechanical Industrial Development Co., Ltd. (Shenfa), provided the project’s generator set (gen-set) containers, landfill gas pre-treatment equipment, and NOx reduction equipment. Shenfa will also continue to provide technical services for the customer. The project is now operating with 14 Jenbacher J320 generator sets, delivering a total installed capacity of 14.9 megawatts. This supports the city of Wuhan in achieving its goal of becoming the most sustainable city in China.

Wuhan – INNIO’s Wuhan Waste-to-Energy Project

In 2020, WEID turned to INNIO’s proven landfill gas power generation technology, selecting eight J320 gen-sets in their Wuhan City Changshankou LFG phase 1 project. The gen-sets were commissioned in April 2021. Convinced by the technological reliability of Jenbacher engines and Shenfa’s professional services, WEID purchased six additional J320 gen-sets in April 2022 for Phase II of the LFG project. The project provides enough electricity to power 35,000 homes in Wuhan. The six Jenbacher engines were commissioned in December 2022.

“INNIO continues to move energy forward with our innovative technology and engineering. With our energy solutions and services we actively support the battle to combat climate change,” said Dr. Olaf Berlien, president and CEO of INNIO Group. “Our technology now provides even more energy for Wuhan and creates a more sustainable and circular economy.”

“The engines within the Jenbacher power generation portfolio can operate on captured landfill and sewage gas, generating power and enabling efficiency while simultaneously reducing environmental pollutants,” said Dong Guo, deputy general manager, Shenfa – INNIO’s authorized distributor. “Jenbacher engines are flexible, scalable and resilient, meeting the energy, environmental and economic needs of our customers and supporting China in its goal to become carbon neutral by 2060.”

“INNIO continues its support of Wuhan’s goals to increase the production of renewable and alternative, distributed power,” said Wuzhong Han, Operation Manager of Wuhan Changshankou Landfill. “We are very pleased that Jenbacher energy solutions are helping us meet the energy needs for Wuhan in an efficient and sustainable way.”

More than 300 Jenbacher J320 generator sets have been delivered across China and are recognized as a leading energy solution and service provider in the segment of power generation.

About Shenfa
Guangzhou Shenfa Electromechanical Industrial Development Co., Ltd. is one of the first technology companies engaged in the development of new environmental protection technologies in South China. The Shenfa Company has long been committed to the sales of large-scale power products and the technological development of energy and environmental protection. It has accumulated rich design and supporting experience and can provide a complete set of services from equipment selection, computer room design, equipment supply, installation and commissioning, and environmental protection construction. The Shenfa Company is guided by diversified business strategy, innovative management concepts, and cutting-edge technical strength, and has developed into a high-tech enterprise integrating the application and development of gas generator sets, complete equipment and after-sales service. Shenfa Company is an authorized sales and service provider for Jenbacher gas engines in China. Its products are widely used in landfill gas, natural gas trigeneration, coal bed gas, petroleum-associated gas, biogas and biomethane power generation industries.

About INNIO
INNIO is a leading energy solution and service provider that empowers industries and communities to make sustainable energy work today. With our product brands Jenbacher and Waukesha and our digital platform myPlant, INNIO offers innovative solutions for the power generation and compression segments that help industries and communities generate and manage energy sustainably while navigating the fast-changing landscape of traditional and green energy sources. We are individual in scope, but global in scale. With our flexible, scalable, and resilient energy solutions and services, we are enabling our customers to manage the energy transition along the energy value chain wherever they are in their transition journey.

INNIO is headquartered in Jenbach (Austria), with other primary operations in Waukesha (Wisconsin, U.S.) and Welland (Ontario, Canada). A team of more than 4,000 experts provides life-cycle support to the more than 55,000 delivered engines globally through a service network in more than 100 countries.

INNIO’s improved ESG Risk Rating again secures the number one position across more than 500 companies globally in the machinery industry assessed by Sustainalytics. For more information, visit INNIO’s website at www.innio.com. Follow INNIO on Twitter and LinkedIn.

Contact Information:
Susanne Reichelt
INNIO Media Relations
susanne.reichelt@innio.com
+43 664 80833 2382

SOURCE: INNIO Group

Clean energy leaders to gather in Manila this May at The Future Energy Show Philippines and Solar Show Philippines

After a triumphant return in 2022, the 9th edition of The Future Energy Show Philippines and Solar Show Philippines will take place in Manila this 15-16 May 2023. Firmly established as the largest and most significant event for the sector in the Philippines, the 2023 edition will be bigger and better than ever before.

The Future Energy Show Philippines & Solar Show Philippines will convene 150+ exhibitors at SMX Convention Center Manila, offering attendees the chance to evaluate solutions from leading energy players such as Jinko Solar, Trina Solar, Longi, Sungrow, CHINT Electric Global, Enphase Energy, Growatt, CSI Technology, Alpha ESS, Ginlong, and Mibet Energy, and many more.

In addition to walking the exhibition floor and browsing the hundreds of products on offer, attendees can expect to experience 7 tracks of free content across 4 theatres, covering Large Scale Solar, Rooftop Solar, Rural Electrification, Smart Grid/T&D, Energy Storage, Alternative Renewables and brand new for 2023, a Solar Installer University.

More than 150 speakers from across the Philippines and beyond will be sharing their insights and ideas on the latest developments in renewable energy and smart energy solutions. Confirmed senior speakers include:
– Raphael Perpetuo M. Lotilla, Secretary, Office of the Secretary, Department of Energy
– Rowena Cristina Guevara, Undersecretary, Department of Energy
– Atty. Monalisa Dimalanta, Chairperson & CEO, Energy Regulatory Commission
– Senator Sherwin Gatchalian, Senator, Vice Chairman- Senate Committee on Energy, Senate of the Philippines
– Quintin Pastrana, President, WEnergy Power Pilipinas
– Alexander Ablaza, CEO, Co-Chairman, President, Climargy Inc., ASIA Pacific ESCO Industry Alliance, Philippines Energy Efficiency Alliance Eric San Pedro, Country Business Head, Entoria Energy
– Pete Maniego, Chairman, Energy Lawyers Association of the Philippines/ Chairman, NREB
– Luis Gonzales, Chief Data & AI Officer, Aboitiz Power
– Ferdinand O. Geluz, Chief Commercial Officer, Meralco
– Tetchi Capellan, President, Sun Asia
– Atty. Richard J. Nethercott, President and CEO, Independent Electricity Market Operator of the Philippines
– Jason Soberano, Vice President, and Chief Business Development Officer, SN Aboitiz
– Ruth Yu-Owen, President & CEO, Upgrade Energy Philippines

Over 6,000 attendees are expected to attend over the two day event, which offers a unique opportunity to network with industry leaders, innovators and potential investors.

“We are thrilled to once again bring together the Philippines’ top clean energy leaders and their partners together,” said Paul Clark, Managing Director at Terrapinn Asia, “With a sold-out exhibition floor that has already had to be expanded to accommodate demand, The Future Energy Show Philippines and The Solar Show Philippines truly bring together the people that can shape the Philippines energy future and we look forward to another outstanding event.”

For more information about the event, visit the official website at www.terrapinn.com/energyshowacn

About The Future Energy Show Philippines 2023 & The Solar Show Philippines 2023

The Future Energy Show Philippines & The Solar Show Philippines will take place at SMX Convention Center Manila, Seashell Lane, Mall of Asia Complex, Pasay City, Metro Manila, Philippines on 15-16 May 2023. The event will comply with prevailing guidelines on COVID-19 safety put in place by the Philippines Government or SMX Convention Center Manila.

About Terrapinn

Terrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you’re looking to make new connections, introduce product or inspire change in your industry, we invite you to join us as agitators of change. Terrapinn – spark something.

Press attendance is complimentary. Enquiries should be directed to:
Danelle Filipinas
Marketing Manager
Terrapinn Pte Ltd
Danelle.filipinas@terrapinn.com