Pacific Green Enters Exclusive Agreement to Develop 1.1GW of UK Based Battery Energy Storage Projects

Pacific Green Technologies, Inc. (the “Company” or “PGTK”, (OTCQB:PGTK)) announces that it has entered into an exclusive agreement to develop up to 1,100MW of battery energy storage systems (“BESS”) in the United Kingdom (“UK”) sourced by TUPA Energy Limited (“TUPA”). As part of the TUPA agreement, the Company has also today acquired the rights to 100MW of BESS in Kent, UK, and plans to conclude the remaining 1,000MW by 2023.

The acquisition follows PGTK’s acquisition of Innoergy Limited and the framework agreement with Shanghai Electric Gotion New Energy Technology Co., Ltd. (“SEG”). The Company is now well placed to become a leader in the UK BESS market and plans to scale up its BESS projects across the world.

TUPA’s team have considerable expertise around renewables, land and grid solutions in the UK. The team also has unrivalled knowledge of interconnector systems between the UK and Europe. Such a broad spectrum of knowledge enables the TUPA team to originate projects that are development-ready across the UK and beyond.

Scott Poulter, PGTK’s Chief Executive commented: “We are witnessing tremendous growth in the energy storage sector as renewable energy continues to gain momentum. The agreement with TUPA complements and enhances our expertise to build our energy storage platform in conjunction with PowerChina and Shanghai Electric. Together we have the technical expertise and manufacturing capacity to rival the global leaders in the market as designers, developers and manufacturers while being very entrepreneurial in our approach.”

Chris Atherton, Chairman of TUPA, commented: “We are excited to be part of Pacific Green’s ambitious entry into the UK battery energy storage market. As Pacific Green has demonstrated its ability to scale up in the marine sector building and delivering an order book of USD$250m, dynamism and scalability were key to our decision to go exclusive with Pacific Green. We are delighted to be part of Pacific Green’s growth.”

PGTK has continued to expand its technologies through its acquisition of ENGIN in 2019 and Innoergy in 2020, so that its portfolio now includes Concentrated Solar Power, Flue Gas Emission Control Systems, Water Desalination and Battery Energy Storage Systems. PGTK continues to actively seek complementary technologies to add to its Cleantech portfolio.

Scott added: “Pacific Green has identified and is now targeting specific industries and sectors where its technology enhances the growing industry of Cleantech solutions. As well as having the capability and resources to carry out large scale projects, Pacific Green will continue to develop and produce new cutting edge products as we expand into new sectors and begin to develop renewable assets.”

PGTK’s joint venture with PowerChina SPEM, one of the world’s largest engineering, procurement and construction companies with annual revenues of around $50 billion, combines elite technical expertise with unrivalled production capabilities in China, ensuring PGTK can scale efficiently in each industry sector.

PGTK’s framework agreement with Shanghai Electric further enhances PGTK’s position in the Cleantech space. SEG is a joint-venture between Shanghai Electric Group Co., Ltd. (“Shanghai Electric”) and Guoxuan High-tech Co., Ltd., and operates among the largest and most advanced production and supply-chain management centers in the world. Shanghai Electric (SHA: 601727), which has 70,000 employees and over US$20billion in operating revenue, provides a strong industrial backing and decades of experience in power equipment manufacturing and integration.

PGTK will continue to adhere to a high-quality development strategy, implement improved processes in all disciplines, and provide state of the art professional and efficient products and services for its customers.

About Pacific Green Technologies, Inc.

Pacific Green Technologies Inc. is focused on addressing the world’s need for cleaner and more sustainable energy. The Company offers Battery Energy Storage System (BESS), CSP and PV energy solutions to complement its marine environmental technologies and emissions control divisions. For more information, visit PGTK’s website: www.pacificgreentechnologies.com

About POWERCHINA SPEM Co. Ltd

POWERCHINA SPEM is a subsidiary of POWERCHINA, the largest power equipment manufacturer in the PRC. With abundant resources, expertise, strong manufacturing capacity, domestic sales channels and rich experience, POWERCHINA SPEM is in a strong position to deploy PGTK technology throughout the PRC.

About SEG

SEG is a joint-venture between Shanghai Electric Group Co., Ltd. (“Shanghai Electric”) and Guoxuan High-tech Co., Ltd., and operates among the largest and most advanced production and supply-chain management centers in the world. Shanghai Electric (SHA: 601727), which has 70,000 employees and over US$20billion in operating revenue, provides a strong industrial backing and decades of experience in power equipment manufacturing and integration.

Notice Regarding Forward-Looking Statements:

This news release contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the ongoing effects of the pandemic on delays and orders regarding Pacific Green’s emission control system, potential business developments in India and future interest in our solar and desalination technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic and political conditions, the continuation of the JV with POWERCHINA SPEM, the framework agreement with SEG, delivering the projects with TUPA and the ongoing impact of the COVID-19 pandemic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:
Scott Poulter, Chairman & CEO
Pacific Green Technologies
T: +1 (302) 601-4659

SOURCE: Pacific Green Technologies, Inc.

Engineers Worldwide Today are Building a Sustainable Tomorrow

Engineering has been an important profession, helping to tackle major issues such as poverty reduction, climate resilience, public health and sustainable development.

“The foremost problem facing the world today is sustaining human development and preserving the planet. Whenever there is a problem, there is a need for engineering solutions,” says Gong Ke, President of the World Federation of Engineering Organizations (WFEO).

On 4th March 2021, the annual World Engineering Day (WED) will convene under the auspices of UNESCO. As the UNESCO Director-General, Ms. Audrey Azoulay explains, WED will “celebrate the achievements of engineers and their contributions to sustainability and a better quality of life for all.” This year, WED welcomes the high patronage of Emmanuel Macron, President of France and coincides with the launch of the second UNESCO engineering report, “Engineering for Sustainable Development” with UNESCO’s partners, the WFEO, the Chinese Academy of Engineering (CAE), Tsinghua University, and the International Centre of Engineering Education (ICEE), among many others. Representatives from over 10 different countries, genders and age groups from youths to adults, will speak at WED 2021. In addition, many more diverse engineering communities will join in over 50 WED events held concurrently in every continent around the world.

The WFEO is represented by over 100 national engineering institutions and 30 million engineers globally, leading the WED initiative to increase worldwide recognition of the important role of engineering in accelerating the United Nations’ 17 Sustainable Development Goals (SDGs). Engineering education and capacity building are keys to enabling the SDGs. Politicians can foster them; institutional investors can fund them; but only engineers can build them.

“World Engineering Day is an opportunity to recognize the important work that engineers need to do, in addressing climate change and developing technologies for a carbon free economy. It is engineering innovations that will achieve this goal. Engineers will ensure that cities are cleaner, more sustainable, smarter and livable. And importantly, engineers will ensure that everyone has safe clean accessible water, sanitation systems and affordable and reliable energy”, says Marlene Kanga, Past National President of Engineers Australia and the Immediate Past President of WFEO.

Calling for more global action from multiple stakeholder groups, “We hope that this new UNESCO engineering report will help stakeholders from government, industry and academia articulate the value of engineering, inspire ideas to improve and innovate engineering, and help achieve the full potential of engineering to benefit the sustainable development of humankind and planet Earth,” says Zhou Ji, Honorary Chairman of the Governing Board of the CAE and Co-chair of the Advisory Board of ICEE.

The advent of the Fourth Industrial Revolution has brought technological advances in artificial intelligence, big data, Internet of Things and blockchain, transforming the ways people live and interact with their physical, biological and digital space. “These transformations can be seen in every field of engineering, profoundly affecting industrial systems, production and governance,” says Audrey Azoulay.

Engineering innovations are developing rapidly and these global efforts are critical for solving current challenges and building a better future for humankind. In the past year, engineers have been in the spotlight for their creative solutions to address the COVID-19 pandemic. Marlene Kanga notes that in the year following the coronavirus pandemic, the theme of the WED celebrations in 2021, Engineering for a healthy planet, “acknowledges the work of engineers and engineering in the search for a new vaccine, using artificial intelligence and data analysis in the process. Advanced manufacturing technologies such as 3D printing has been used in the manufacture of personal protective equipment. Refrigeration technologies and transportation and logistics innovations are being used to transport vaccines to every corner of the earth. This is truly a year where the world could not exist without engineering.”

“The COVID-19 pandemic has accelerated the call for urgent action, while affirming the relevance of engineering to sustainable development,” observes Gong Ke. He also encouraged more affirmative action in the engineering community, saying that “engineering should play a more proactive role in the fight against COVID-19 and in the pursuit of a truly transformative recovery to build back better.”

Audrey Azoulay raised a pressing concern on the strain that the pandemic has placed on engineering education. “To train our best engineers to tackle these global challenges, we need young people to study mathematics and science from an early age; however, the global pandemic has led to the closure of educational institutions for 1.5 billion learners worldwide – more than 90% of the world’s school population – with dire consequences for their education.”

Thus, it is imperative for engineers to innovate on engineering education, curricula, new teaching methods and education delivery. “Training engineers for the implementation of the SDGs requires not only new competencies, including creative learning and thinking, complex problem-solving, interdisciplinary and international cooperation, and a code of ethics, it also demands a change in engineering education itself,” says Jose Vieira, President-Elect of WFEO.

Marlene Kanga also emphasized the importance of encouraging all young people, boys and girls, to consider engineering as a career and to encourage them in this choice. She says, “if you want to change the world, become an engineer.”

“At present, however, resources for engineering science and technology and engineering education are not equitably distributed. Developing countries and regions, in particular, are lacking in qualified engineers and engineering resources. We therefore urge the global engineering community to work to establish a more equitable, inclusive, developmental and mutually beneficial world for all, by working closely with government, industry and academia; by empowering engineering capacity-building in disadvantaged regions; and by tackling global challenges through joint efforts,” says Zhou Ji, calling attention to the gaps in resources distribution and making sure that no one is left behind.

One important global resource is water. “Water, as a prerequisite for life, assumes a special focus in terms of sustainable development. The close relationship between human health and the well-being of communities with access to clean water is a determining factor for the economic and social development of society,” says Jose Vieira. Significant progress in water and environmental engineering have led to greener technologies and more sustainable development of our planet.

“Engineering itself needs a transformation to be more innovative, inclusive, cooperative and responsible,” says Gong Ke, “The engineering report to be released is a new report published 10 years after the first landmark engineering report of UNESCO, aiming to increase the public awareness of the crucial role of engineers and engineering in achieving every one of the 17 Sustainable Development Goals; to call for global collaboration among governments, industries and civil society; to promote engineering innovations, and to transform the engineering profession with a stronger capacity to respond to the pressing challenges faced by humankind and the planet; and to shape a peaceful, prosperous, inclusive and sustainable world for all people with no one left behind, encouraging more collaboration and sharing of engineering resources at a global level.”

Ultimately, WED aims to promote engineering awareness, diversity, collaboration, education and resources sharing, with a common global goal to achieve the SDGs by 2030.

Christine Tan, PhD CEng FIET is a Royal Chartered Engineer, Fellow of the Institution of Engineering and Technology UK, and Professor of Science and Technology Education at Fujian Normal University China. She is an active science writer and STEM outreach volunteer.

Media contact
World Federation of Engineering Organizations
Maison de l’Unesco, 1 rue Miollis, 75015 Paris, France
Contact Person: Wang Guanyi
T: +33 1 45 68 48 47
W: http://www.wfeo.org/

Rimba Raya Biodiversity Reserve Collaborates to Restore Mangrove Forests in Seruyan

As 2021 starts, the media continues to carry horrific stories of ongoing environmental abuse. We can no longer deny that the climate crisis is real, but somehow we manage to do just that. ‘Extinction: The Facts’ is a BBC Earth documentary, in which Sir David Attenborough explores how the loss of biodiversity has consequences for us all. He mentions the impact of global warming and the resulting climate crisis that has led to a loss or change of three-quarters of the world’s terrestrial surface. Sadly, the cause is human greed, our purchasing habits are killing off our natural resources.

There is so much we can do to help prevent further destruction. Mangrove ecosystem rehabilitation is something we feel can have an enormous impact on the environment and the people who depend on the health of the sea. Not only does this kind of forest store more carbon than normal forests, but it also protects a marine habitat that is vital to the oceans and the communities who live off the sea. The carbon in a mangrove forest is also called ‘blue carbon’.

The main challenge faced by mangrove ecosystems is that they are dwindling, this is a result of their destruction due to land development and community fish breeding ponds where the natural rhythms of nature are not respected. Population growth, especially in coastal areas, has resulted in changes in land use and excessive utilization of natural resources, thus mangrove forests have quickly diminished or have been severely damaged.

Rimba Raya Biodiversity Reserve, Tanjung Puting National Park and Seruyan District Government are in collaboration with the community in replanting 30,000 mangrove seedlings (Rhyzophora sp) in Tanjung Siamuk Beach, Sungai Undang Village, Seruyan District. The planting ceremony was held on Tuesday, February 16, 2021.

“Sungai Undang village was chosen because 80% of the people are fishermen as well as fishpond farmers. The problem with fishponds has become critical in that it has led to mangrove forest destruction,” said Budi Suriansyah, Head of Management Section II of Tanjung Puting National Park who was directly involved in our mangrove recovery initiative.

The process of restoring mangrove ecosystems by involving the community has become especially important, it gives us an opportunity to build awareness of the value in maintaining the balance of the natural environment. Gerakan Masyarakat Bersatu, the local community group of Sungai Undang Village, was formed to create mangrove nurseries and conduct the necessary planting and monitoring. It is important that this type of initiative is managed in a sustainable way as this will ensure its success.

“Community involvement starts from designing, implementing, evaluating, and finding solutions. It is hoped that this process will increase the confidence and responsibility of community members and show that together we should be able to overcome some of the most important environmental problems,” Murlan Dameria Pane, Head of Tanjung Puting National Park said.

Chairman of Gerakan Masyarakat Bersatu Sungai Undang Village, Agung Yulianto at the planting site stated, “Some people still look at this planting activity solely as a means of income, however a side effect of this initiative is that it is helping to develop a sense of ownership and a desire to preserve the biodiversity in our homeland.”

The Seruyan mangrove forest area is located in Seruyan Hilir and Seruyan Hilir Timur sub-districts, which is just South of the working area of Rimba Raya Biodiversity Reserve and Tanjung Puting National Park. The loss of mangrove forest density in the Seruyan has become the main concern for all parties who have collaborated in this program, because if left alone, the result will be devastating. Not to mention that the loss of this rich ecosystem means a loss in the natural resources that support livelihoods of community people.

This replanting effort is expected to have a broad ecological impact on the environment and on the economic status of the surrounding communities.

“Now there is a special group that restores the beach with mangrove planting activities that help in preventing abrasion,” said The Head of Sungai Undang Village Eka Puspita Sari proudly.

In addition, this activity also provides opportunities to increase revenue from the construction of permeable dams, collecting seeds, filling polybags, nurseries, planting, monitoring and maintenance.

Community women are also able to generate an income by making “bronjong”, large natural cages that protect the planted seedlings.

Bronjongs are made of split bamboo, 30 cm in diameter and 60-70cm high. The bamboo is bound together to form baskets which are filled with silt and the young seedlings are planted inside. The plants attach themselves firmly in the baskets which help them withstand the crashing waves. Using this method means that the seedlings are also not easily uprooted and have a greater chance of survival.

“Small but important, activities such as planting trees around the house or through tree adoption programs, are small steps that can have a large impact on the sustainability of life. The mangrove planting program in Seruyan, is expected to be one of the most impactful contributions we can make in mitigating the climate crisis,” said Rimba Raya Executive Director Sylviana (Sylvi) Andhella.

The pace of climate change can be slowed by continuing to collaborate with all parties in designing sustainable-environmentally friendly-programs.

The challenges of replanting during this pandemic can be overcome by strictly following the arranged schedule, ensuring that tasks are evenly distributed and also by complying with the health protocols suggested by the government. The restrictions did not dampen the spirit of all teams involved in our mangrove ecosystem restoration efforts in Seruyan District, Central Kalimantan.

Head of the Environment Office of Seruyan Regency, Priyo Widagdo representing Head of Seruyan District said, “Seruyan District supports and really appreciates this restoration activity as mangrove ecosystems, especially on the Seruyan coastal area, are at a severe and critical stage. The mandate from Head of Seruyan District in restoring mangroves, is that it will not go well without the support and participation of the community and the institutions that must care about mangrove restoration. We must succeed in this activity and hope we will improve it in the future.”

The coverage of the mangrove planting activities can be seen on the Infinite Earth YouTube channel: https://www.youtube.com/watch?v=rV8jmvGrV6M

Editor’s Note:
Rimba Raya Biodiversity Reserve develops livelihood programs in surrounding villages (addressing all 17 of the UN Sustainable Development Goals) to provide education, employment and hope for the future. The project is also the world’s largest privately funded orangutan sanctuary and is an Ecosystem Restoration project aimed at restoring and maintaining peat swamp forest ecosystems that are important habitats for orangutans and other IUCN Red Listed endangered wildlife. The project acts as the main buffer zone along the Tanjung Puting National Park in Seruyan District and follows ecological, economic, and social management principles. Visit https://rimba-raya.com

The Rimba Raya Biodiversity Reserve, an InfiniteEARTH Project, is one of the largest REDD+ projects in the world, protecting nearly 65,000 hectares of peat swamp forest in Central Kalimantan, Indonesian Borneo and avoiding more than 130 million tons of carbon emissions. It is a living example of an economically viable alternative to deforestation. Visit https://infinite-earth.com

Rimba Raya Conservation as the field implementer, empowers the community to be involved in maintaining and preserving peat swamp forest ecosystems with the following approach: Empowered Communities, Healthy Forests, Maintained Climate, and supporting the achievement of the SDG targets in the assisted villages of the Rimba Raya Biodiversity Reserve.

Rimba Raya Duty
“By protecting forests, we take care of all the life that is in them and contribute to the balance of the global climate. We empower the community to be involved in maintaining peat swamp forests. Together we love the earth enough to prevent further destruction.” Djonni Andhella, President Director of PT. Rimba Raya Conservation.

Contacts:
Frita Junita
Communication Officer Rimba Raya Conservation
Email: rimbarayajakarta@gmail.com
Hp: +62 857-1743-7001
www.rimba-raya.com

BYD to Help Kyoto Reach Japan’s 2050 Carbon Neutral Goal

Partnership with Keihan Bus and Kansai Electric Power will build Japan’s first pure electric bus loop line

On February 24, BYD Japan Co., Ltd. (BYD), Keihan Bus Co., Ltd. (Keihan Bus) and The Kansai Electric Power Co., Inc. (Kansai Electric Power) announced a tripartite deal in Kyoto, Japan, which will see the three parties work together to help the city achieve Japan’s 2050 carbon neutrality target and build a carbon-free society.

Tripartite deal in Kyoto: Mr. Hanada Shinsaku, Executive Vice President, BYD Japan; Mr. Kazuya Suzuki, President, Representative Director, Keihan Bus; Mr. Kenichi Fujino, Assistant General Manager, Sales and Marketing Division, Kansai Electric Power (L-R).
Kyoto’s famous sightseeing bus loop line (Kyoto Station – Shichijo Keihan-mae – Umekoji – Hotel Emion Kyoto)

Beginning in 2021, Keihan Bus and Kansai Electric Power will launch the first batch of 4 BYD J6 buses on Kyoto’s famous sightseeing bus line (Kyoto Station – Shichijo Keihan-mae – Umekoji – Hotel Emion Kyoto), as part of a five-year demonstration operation to further promote pure electric public transportation in Japan. This will also become the country’s first loop line operated solely by electric buses.

By analyzing vehicle operating data and energy-saving results, the project will provide useful experience to support Keihan Bus’s plan to continue introducing BYD K8 pure electric buses and gradually realize a green and carbon-free society in the Kansai region, one of Japan’s key economic and industrial hubs.

As the signing location for the landmark 1997 Kyoto Protocol, Kyoto is a pioneer city that has witnessed the world’s active response to climate change. In the same spirit, this latest deal is not only an active response to the Japanese government’s goal of achieving Japan’s 2050 carbon neutrality target for a carbon-free society, but also an effort to achieve the Ministry of Economy, Trade and Industry’s plan to ban the sale of new gasoline-powered vehicles in the mid-2030s.

Operating buses in this world-renowned tourist destination, Keihan Bus has always provided important travel support for the tourism industry in Kyoto. The new bus loop line will connect Kyoto Station, Shichijo Keihan-mae, and Umekoji – Hotel Emion Kyoto, which are surrounded by key tourist attractions such as Kyoto Railway Museum and Kyoto Aquarium. The introduction of electric buses around the JR Kyoto Station – the gateway station to Kyoto – will further boost the city’s green credentials.

“Keihan Bus will celebrate its 100th anniversary next year. We believe that the transition from gasoline and diesel vehicles to pure electric vehicles will mark a huge turning point on the 100th anniversary for the company,” said Suzuki Kazuya, President, Representative Director of Keihan Bus.

Kansai Electric Power, the second-largest electric power company in Japan, will not only build charging piles and other facilities for the project, but also construct a highly efficient energy management system, as well as analyze and research operating data.

“Kyoto Station is the gateway to Kyoto. The introduction of electric buses in the city is an important step for us to move towards a decarbonized society,” said Kenichi Fujino, Assistant General Manager of Sales and Marketing Division of Kansai Electric Power. “We will fully cooperate with Kyoto to introduce pure electric buses and support subsequent operations.”

BYD’s pure electric buses are quiet and environmentally friendly, and are more cost-effective than fuel buses, while their power batteries can also provide emergency power in the event of a disaster. The first batch of BYD J6 buses can be fully charged within just 3 hours, with a range of more than 150 kilometers, and can accommodate up to 29 people.

Liu Xueliang, General Manager of BYD Asia-Pacific Auto Sales Division, said, “At present, there are 53 BYD electric buses in operation throughout Japan, with a total mileage of approximately 1.2 million kilometers, which help reduce carbon emissions near to 271 tons, making us the leader in the country’s electric bus market. We will continue to share our electric vehicle technology and experience in Japan and around the world, to contribute to the early realization of a decarbonized society.”

Since BYD’s K9 buses first began operating Kyoto in 2015 and successfully opened up the Japanese market, the brand’s buses have gone on to enter Okinawa, Fukushima, Iwate, Yamanashi, Tokyo, and Nagasaki, and many other places in Japan over the past six years. It has also gained the trust of developed markets in Germany, the United States, Japan, and South Korea, thanks to its excellent and reliable product quality as well as trustworthy after-sales guarantee system.

About BYD
BYD Company Ltd. is one of China’s largest privately-owned enterprises. Since its inception in 1995, the company quickly developed solid expertise in rechargeable batteries and became a relentless advocate of sustainable development, successfully expanding its renewable energy solutions globally with operations in over 50 countries and regions. Its creation of a Zero Emissions Energy Ecosystem – comprising affordable solar power generation, reliable energy storage, and cutting-edge electrified transportation – has made it an industry leader in the energy and transportation sectors. BYD is listed on the Hong Kong and Shenzhen Stock Exchanges. More information on the company can be found at http://www.byd.com.

Contacts
In Asia-Pacific: Mia Gu
Pr@byd.com; tel: +86-755-8988-8888-69666
In North America: Frank Girardot
frank.girardot@byd.com; tel: +1 213 245 6503
In Europe: Penny Peng
penny.peng@byd.com; tel: +31-102070888

Alchemie Technology Teams Up with At One Ventures and H&M Group to Deliver Sustainability Breakthrough in Textile Dyeing and Finishing

Alchemie Technology (Alchemie), a global disruptor of textile dyeing and finishing technology, is pleased to announce an investment from At One Ventures and H&M CO:LAB, H&M Group’s investment arm. The investment will support Alchemie’s commercial roll-out, aiming to accelerate the transformation of the sustainability profile of textile manufacturing worldwide. Textile dyeing is the second largest cause of water pollution globally and is the largest single contributor to carbon dioxide emissions from the textile industry. Today, it is responsible for over 3% of global CO2 emissions and forecast to increase to 10% by 2050. Alchemie is therefore addressing one of the largest sustainability challenges in the global textile supply chain today with its breakthrough clean-tech digital manufacturing solutions.

Alchemie Technology

The investment will enable Alchemie to accelerate the commercial roll-out of its disruptive digital manufacturing products in the global market: Endeavour(TM) smart waterless dyeing and Novara(TM) precision digital finishing. Alchemie’s industrial solutions provide a unique value proposition to textile manufacturers, with a lower cost, higher throughput, and radically more sustainable alternative to traditional textile processing. With the addition of software services to digitalise the supply chain, it is also enabling the move to fully connected digital manufacturing. The solution is very timely for the industry, as fashion consumers are demanding more accountability from fashion brands to reduce their environmental impact.

Alchemie’s Endeavour(TM) smart waterless dyeing technology allows garment manufacturers to eliminate the production of contaminated wastewater and dramatically reduce the carbon footprint from dyeing. Demonstrated to radically reduce lead times and enable lower minimum order sizes, alongside a 50% cost saving compared to traditional technologies, the Endeavour(TM) solution has been well received by textile manufacturers and fashion brands worldwide.

Alchemie has also seen a surge in market demand for its Novara(TM) precision digital finishing technology. This technology enables significant energy and materials savings compared to traditional technologies, which radically reduces the impact of fabric finishing on the environment and reduces cost. Both Endeavour(TM) and Novara(TM) are currently available for implementation, and there is a pipeline of additional sustainable fabric finishing innovations progressing to market based on the Novara(TM) technology including technologies that deliver eco-friendly, fluorine-free water repellents and advanced bio-based functional finishes.

Alchemie’s market opportunity continues to grow, with the increasing pressure in the textile industry to reduce its environmental impact and governments legislating to reduce or eliminate traditional textile manufacturing. Textile manufacturing is an industry that urgently needs new technologies that reduce environmental impact, lower cost and enable end-to-end supply chain digitalisation. Alchemie is uniquely positioned to address this underserved market and transform the sustainability profile of the textile industry.

The funding round was led by At One Ventures, a San Francisco-based venture capital fund focused on disruptive technologies that combat climate change, and H&M CO:LAB, the investment arm of H&M Group.

Dr. Simon Kew, Managing Director of Alchemie Technology: “We are very pleased that At One Ventures and H&M CO:LAB have invested in Alchemie at this pivotal point in the commercial roll-out of our sustainable dyeing and finishing solutions. The textile manufacturing industry has a significant impact on the environment, and with our Endeavour and Novara technologies, we are disrupting manufacturing processes that are responsible for over 3% of global CO2 emissions and 20% of global water pollution. Our solutions both dramatically reduce the environmental impact and radically reduce cost for dyeing and finishing, which has proven to be a compelling combination in the global textile industry. We are building on the momentum we have generated in the market with successful commercial trials of our fabrics and are looking forward to rolling out the first global commercial installations this year.”

Dr. Alan Hudd, Chairman of Alchemie Technology: “This investment reflects the significant acceleration of interest in the modernisation and digitalisation of global textile manufacturing, a combination of government, consumer, and brand pressure has delivered an unstoppable impetus for change in the textile industry. We are uniquely poised to deliver the next generation of digital clean-tech textile manufacturing solutions and the market is truly supercharged for change. The pandemic has only accelerated the velocity of digitalisation, as retail is replaced by direct-to-consumer e-commerce platforms and consumers demand visibility and sustainability in the supply chain.”

Helen Lin, Principal at At One Ventures: “With their innovative first-in-market technology, Alchemie has the potential to transform textile manufacturing, effectively leapfrogging over one of the largest water pollution problems in the world today. We believe that outsized environmental returns can only be achieved when driven by commercial scale and are delighted to be supporting Alchemie to deliver this vision in the textile industry.”

Nanna Andersen, Head of H&M CO:LAB, H&M Group: “Alchemie Technology is pioneering a truly breakthrough and cost-effective approach to solving a longstanding sustainability issue in the supply chain for textile products. We are excited to partner with Alchemie and support innovation that addresses some of the largest carbon footprint contributors of the textile industry: dyeing and finishing. The commercial implementation of their game-changing technology not only aligns perfectly with the H&M group’s vision to become fully circular, but also has the potential to benefit the entire textile industry.”

About Alchemie Technology
We are cleaning up textile manufacturing. Alchemie Technology develops clean-tech textile manufacturing processes using advanced digital technology. Textile dyeing and finishing processes are some of the most polluting manufacturing processes on the planet and are responsible for over 3% of global CO2 emissions and over 20% of global water pollution. We are delivering breakthrough digital dyeing and finishing technologies Endeavour(TM) and Novara(TM), which deliver a dramatic reduction in energy consumption and eliminate contaminated wastewater emissions. Our mission is to transform the textile industry with clean-tech digital manufacturing solutions that significantly reduce environmental impact and enable digital transformation in textile supply chains.

About At One Ventures
At One Ventures finds, funds, and grows teams to catalyze a world where humanity is a net positive to nature. We back early-stage (Seed, Series A) companies using disruptive deep tech to upend the unit economics of established industries while dramatically reducing their planetary footprint. We also look for companies that are pioneering new industries that are actively regenerative to planetary health. Lastly, we look for companies that have significant potential to be healthy, scalable businesses because the positive impacts we invest in only last as long as the businesses that carry them.

About H&M CO:LAB
H&M CO:LAB is the investment arm of H&M Group. Its mission is to drive and promote entrepreneurship, and to contribute in a meaningful way to the long-term growth of H&M Group through investments in innovative companies. H&M CO:LAB invests across three focus areas: Sustainable Fashion, New Retail and Enablers. For more information about H&M Group, please visit hmgroup.com.

Contact:
Alchemie Technology
Penny Martin
pmartin@alchemietechnology.com
+44 1223 751644

Related Images
alchemie-technology.jpg https://www.newsfilecorp.com/redirect/XjYjfeWYR
Alchemie Technology

endeavour-smart-waterless-dyeing.jpg https://www.newsfilecorp.com/redirect/DRrRuwYrZ
Endeavour Smart Waterless Dyeing

Related Links
Alchemie Technology https://www.alchemietechnology.com/

Related Video
https://www.youtube.com/watch?v=545Gv8Oqgpw

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/75454

Pacific Green Appoints Peter Rossbach as Independent Director

Pacific Green Technologies, Inc. (OTCQB:PGTK)) announces the appointment of Peter Rossbach as Non-Executive and Independent Director, effective February 1st, 2021.

Peter Rossbach has worked in the renewable power sector since 1985 starting with Standard & Poor rating renewable projects bonds in California.

Peter moved to Catalyst Energy, a developer of hydro and cogeneration projects before becoming VP of Project Finance for Mitsui Bank, specializing in structured debt for US based wind and cogeneration projects.

Peter has made dozens of investments in hydro, wind and solar projects in over twelve countries creating a portfolio of in excess of 1GW. Currently Peter serves as Senior Advisor and sits on the investment committee for a number of Impax’s private equity funds and is an Independent Director of UGE International Ltd, a TSX-listed PV solar company.

Peter has a degree in Government from Harvard College and a Masters’ degree in Public Policy from Harvard’s Kennedy School of Government.

Scott Poulter, PGTK’s Chief Executive commented: “Peter’s vast international experience and knowledge of the industry, along with his investment background, brings great strength to our business. His input will be hugely significant as we develop Pacific Green, into an industry leading renewable technology group globally.”

About Pacific Green Technologies, Inc.
Pacific Green Technologies Inc. is focused on addressing the world’s need for cleaner and more sustainable energy. The Company offers BESS and Concentrated Solar Power (CSP) energy solutions to complement its marine environmental technologies and emissions control divisions. For more information, visit PGTK’s website: www.pacificgreentechnologies.com

Notice Regarding Forward-Looking Statements:
This news release contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the ongoing effects of the pandemic on delays and orders regarding Pacific Green’s technologies, potential business developments around the world and future interest in our green technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic and political conditions, and the ongoing impact of the pandemic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:
Scott Poulter, Chairman & CEO
Pacific Green Technologies
T: +1 (302) 601-4659

SOURCE: Pacific Green Technologies, Inc.

NUCROP – Hybrid Electric Crop Protection, Nufarm and CROP.ZONE Launch New Brand for Alternative Weed Control

Australian crop protection and specialty seed company, Nufarm and German ag-tech start-up, CROP.ZONE are announcing the launch of NUCROP – Hybrid Electric Crop Protection. Through its Early Adopters Program, the competitive and sustainable alternative for weed management is now available to Farmers and Contractors in Germany, France, Belgium and the Netherlands.

Australian crop protection and specialty seed company, Nufarm and German ag-tech start-up, CROP.ZONE are announcing the launch of NUCROP – Hybrid Electric Crop Protection. Through its Early Adopters Program, the competitive and sustainable alternative for weed management is now available to Farmers and Contractors in Germany, France, Belgium and the Netherlands.

NUCROP, powered by CROP.ZONE

The NUCROP solution combines chemical and physical processes to create a compelling and sustainable method of weed control. By pre-treating plants with conductive liquid, acceptable for organic use, and then applying electrical charge, the solution can control weeds with a very high degree of efficiency and lower energy consumption than conventional weeding technologies.

In the Early Adopters program, Nufarm and CROP.ZONE team up with selected channel partners in Germany, France, Belgium and the Netherlands and offer farmers and contractors access to NUCROP technology. The Early Adopters Program will focus on several crops and applications, with a strong focus on potato desiccation in 2021. Other uses are in trailing phase and will be available to farmers shortly. The NUCROP technology offers farmers and contractors a real alternative to chemical solutions at competitive prices, especially for those crops where chemical weed control options have been reduced and where alternative technologies are required.

For more information on the Early Adopters Program, visit us at www.crop.zone.

With NUCROP, Nufarm and CROP.ZONE offers a safe, reliable, and environmentally friendly alternative to make European agriculture more sustainable.

About CROP.ZONE
CROP.ZONE was established in 2019 by a highly experienced team of AgTech experts with decades of experience in the same field. Today, CROP.ZONE’s hybrid herbicide solution is active in the field, demonstrating its efficacy in weed management, cover crop burn-down, and pre-harvest desiccation. CROP.ZONE offers electrophysical solutions to combat weeds and manage pre-harvest desiccation, providing farmers with an alternative tool against the backdrop of increased regulatory requirements and societal expectations. The innovative patented CROP.ZONE solution can replace a significant part of today’s synthetic herbicide use. It provides a competitive alternative for weed management, thus contributing to yield optimization and farm profitability while helping achieve sustainability goals. CROP.ZONE’s solutions give the company a strong footing in the future agriculture market.

About Nufarm
Nufarm Limited is a leading developer and manufacturer of crop protection solutions and seed technologies. Our team of more than 2,500 people make a vital contribution to our reputation for quality products that meet the needs of growers, customer support, and partnership in major agricultural markets in Europe, North America, and Asia Pacific. Nufarm is listed on the Australian Securities Exchange (symbol NUF) and our head office is located in Melbourne, Australia.

Media Contact – crop.zone
Michiel De Jongh
Strategic Advisor & CCO
MICHIEL.DEJONGH@CROP.ZONE
+34 658 563 828

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NUCROP
NUCROP, powered by crop.zone

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/72430

Indonesia’s Rimba Raya: World First REDD+ Project Validated for its Impact on all 17 SDGs

In September 2020 Rimba Raya Biodiversity Reserve (Rimba Raya) project obtained independent verification contributing to the environment, biodiversity and Sustainable Development Goals (SDGs) under SD VISta

In September 2020, the Rimba Raya Biodiversity Reserve project obtained independent verification for contributing to the environment, biodiversity and Sustainable Development Goals (SDGs), and upholding the rules and procedures of the SD VISta (Sustainable Development Verified Impact Standard) Program.

Rimba Raya is the first REDD+ project validated under the SD VISta Program for its impact on each of the 17 United Nations Sustainable Development Goals (SDGs), resulting from the project’s various activities. The initiatives introduced prevent deforestation and land-use change and encourage community development and economic growth.



“We are very proud of the verification results. This makes the Rimba Raya project become even more determined as a verifiable REDD+ conservation project with additional benefits for the environment and society, supporting people’s lives and achieving an impact toward the 17 SDG goals,” said Sylviana Andhella, Executive Director of Rimba Raya Conservation.

In January 2020, an independent third-party assessment was carried out by AENOR at the Rimba Raya project in Central Kalimantan, Indonesia. The main objective of the assessment was to ensure compliance with the rules and requirements of the SD VISta Program were being met..

The scope of the assessment included the impact of the project on sustainable development, and our contribution to the UN SDGs, and their benefit to community members, including their financial prosperity. Additionally, the project was evaluated for significant contribution to the protection of habitat and biodiversity.

The SD VISta Program provides a new standard for understanding the specific impact of a project, both environmental and social aspects. SD VISta enables the project to assess the benefits of sustainable development generated directly towards achieving the SDG’s goals. By successfully completing the Verra SD VISta audit, the Rimba Raya project provides a new level of quality assurance and transparency in reporting project results and additional impact claims for emissions reduction efforts.

Rimba Raya project was initiated by InfiniteEARTH, implemented and managed by Rimba Raya Conservation. The purpose of the project is to reduce emissions in Indonesia by conserving about 64,000 hectares which encompasses large areas of tropical peat swamp forest. This action was vital to preventing the conversion of the entire area to an oil palm plantation, which would certainly have led to additional forest degradation within the adjacent Tanjung Puting National Park and consequent loss of biodiversity and habitat, particularly for the endangered Bornean orangutan and other vulnerable animals listed on the IUCN Red List of Endangered Species. Rimba Raya project works in 14 villages in Seruyan district, Central Kalimantan, in which community living dependently on rivers and forests within and along the project’s borders.

Over the years, Rimba Raya project has introduced several economic incentives which are aimed at promoting community development, district government infrastructure and project area protection. Community programs serve as a means to encourage continued efforts in the preservation of the tropical peatland forests and to encourage a greater understanding of each individual’s impact, while highlighting the importance of coming together as a community to ensure that these initiatives are relevant and sustainable.

Community involvement is enhanced through the development of programs that improve quality of life. These initiatives cover a broad spectrum of services such as:
– Initiatives that promote sustainable livelihoods
– Increased access to healthcare
– Early childhood development
– Fire prevention activities
– Water filtration systems
– Access to training and higher education
– Forest patrols

Verified Sustainable Development Goals

SDG No. – GOAL – Direct Contributing Project Activities
1. No Poverty – Employment, Micro enterprises, Solar Power & Solar Lanterns
2. Zero Hunger – Chicken Farms & Zuper Shrimp Paste
3. Good health & well being – Floating Clinic, Reading Glasses
4. Quality Education – Training, Scholarships, Community Centers & Village Libraries, Mangrove Reforestation
5. Gender Equality – RRC employment, Chickens Farm & Zuper Shrimp Paste
6. Clean Water and Sanitation – Water filters and Water Filtration systems
7. Affordable and Clean Energy – Power Solar & Solar Lanterns
8. Decent Work and Economic Growth – Chickens Farm & Zuper Shrimp Paste, Tree nurseries, Community Centers & Village Libraries
9. Industry, Innovation & Infrastructure – Industry, Innovation & Infrastructure Solar power, Micro-Credit; Chickens Farm & Zuper Shrimp Paste, Community Centers
10. Reducing Inequality – Solar Power & Solar Lanterns, Water filters
11. Sustainable Cities and Communities – Support for Tanjung Puting National, Orangutan Care Facility
12. Responsible Consumption and Production – School Curriculum: promoting Climate Change/Sustainability at school in project area
13. Climate Action – Mangrove Reforestation & Peat Swamp Reforestation, Establishment and Protection of the Rimba Raya Reserve, Community Firefighting, Training, School Curriculum: Climate Change/Sustainability, Tree nurseries
14. Life Below Water – Seruyan River Cleanup; Mangrove Reforestation
15. Life on Land – Mangrove Reforestation & Peatswamp Reforestation, Tree nurseries, Establishment and Protection of the Rimba Raya
16. Peace, Justice, & Strong Institutions – Community Centers, Solar power
17. Partnerships for the Goals – Development Donations

About PT Rimba Raya Conservation
PT Rimba Raya Conservation (PT RRC) is a company that develops the programs of ecosystem conservation and restoration by protecting and securing the trees, establishing the forest and conserving the forest’s biodiversity. The release of orangutans is one of the fundamental obligations of PT RRC as the licensee of Timber Forest Product Utilization Restoration (IUPHHK-RE).

PT RRC is clearly committed to protect, conserve and secure its work area concession of 64,000 hectares to the fullest including to restore the forest and its biodiversity and the local community. PT RCC is a privately held company that pioneers ecosystem conservation and restoration by implementing a REDD+ program. For more information, please visit www.rimba-raya.com.

Contacts:
Frita Junita
Communication Officer, Rimba Raya Conservation
Email: rimbarayajakarta@gmail.com
Hp +62 857-1743-7001

TES Agrees Minority Equity Investment with Sojitz

TES announced today that Sojitz Corporation (“Sojitz”) has acquired a minority stake in TES-AMM JAPAN K.K. (“TES”)

Sojitz is engaged in a wide range of businesses globally, including buying/selling/importing/exporting goods, manufacturing and selling products, providing services, and planning and coordinating projects in Japan and overseas. Sojitz also invests in various sectors including automobiles, aerospace, medical infrastructure, energy, mineral resources, chemicals, agricultural and forestry resources, consumer goods and industrial parks. Headquartered in Japan, the Sojitz Group consists of approximately 400 subsidiaries located around the world.

With recent concerns surrounding resource depletion and uneven commodity resource distribution, the resource recycling business is expected to become increasingly important. This investment means TES can combine its extensive capability base with Sojitz’s deep experience in metals and comprehensive resource recycling businesses to develop and innovate outcomes for commodities that will become a significant source of raw materials in the coming decades. Sojitz will partner with TES to promote TES services in Japan, and Sojitz’s extensive network will leverage TES’s lithium-ion battery recycling and energy storage businesses.

“TES’s mission is to make a decade of difference by securely, safely and sustainably transforming and re-purposing 1 billion kilograms of assets by 2030,” said Gary Steele, TES’ Chief Executive Officer. “Sojitz’s experience and shared vision of a more sustainable world make them an ideal partner for TES. The Sojitz investment reaffirms that, and we couldn’t be more excited about partnering with them to offer sustainable technology solutions that drive the circular economy in Japan.”

TES is backed by Navis Capital Partners, one of Southeast Asia’s largest private equity companies, with over US $5 billion under management. Jean-Christophe Marti, Senior Partner at Navis, commented: “Looking ahead, global manufacturing is potentially facing raw material commodity shortages stemming from the exponential proliferation of IoT devices, electric vehicles and mobility devices. Visionary companies like Sojitz understand that, and this partnership is another step in the realization of our foundational strategy to build a global sustainability leader around the TES platform.”

About TES

Founded in 2005, TES is a circular economy leader focused on helping customers with the commissioning, deployment and retirement of IT assets. As one of the world’s largest providers of IT lifecycle services, TES understands the common challenges faced when managing IT equipment through its lifecycle, and our bespoke, cost-effective solutions address these challenges while maintaining compliance with all local and international data security, environmental and industry regulations.

TES has an unmatched global footprint and operates 40 locations across 20 countries with more than 1,700 employees. Our mission is to create outstanding value for our customers, employees and stakeholders as well as for the global community by leveraging our unique combination of security, value recovery and environmental expertise. Find out more at www.tes-amm.com.

About Sojitz

Find out more at https://www.sojitz.com/en

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Media Contact Information
hodo@sojitz.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/72133

Pacific Green Signs Battery Energy Storage System Strategic Manufacturing Framework Memorandum of Understanding with Shanghai Electric Gotion New Energy Technology CO., LTD.

Pacific Green Technologies, Inc. (the “Company” or “PGTK,” (OTCQB:PGTK)) announces the signing of a Battery Energy Storage System Strategic Manufacturing Framework Agreement Memorandum of Understanding (the “Framework Agreement”) with Shanghai Electric Gotion New Energy Technology Co., Ltd. (“SEG”).

Under the terms of the Framework Agreement, the parties will work together towards the development of various lithium-ion Battery Energy Storage System (BESS) projects around the world. PGTK, through its wholly-owned subsidiary, Pacific Green Energy Storage Technologies, Inc., will manage each project’s overall execution, including system design, integration, and commercial optimization, while SEG will produce the battery technology as the equipment manufacturer.

Scott Poulter, PGTK’s Chief Executive, commented: “The BESS sector around the world is developing at an exponential rate and with the signing of this Framework Agreement, we have now combined PGTK’s existing capabilities following the acquisition of UK BESS technology company Innoergy Limited with SEG’s capacity, technology, and expertise, to ensure we can meet the demand in this rapidly expanding sector.”

James Gratton, Pacific Green Energy Storage Technologies, Inc.’s Technical Director, noted: “SEG has established itself as one of the largest and most reputable BESS technology integrators in the world, and with multiple certified production centers, we are confident that they have the capacity necessary to meet the needs of our project pipeline.”

Gareth Dauley, Vice President of Pacific Green Energy Storage Technologies, Inc., commented: “Lithium-ion batteries, which we have identified as best suited for our projects due to their high-energy density, safety track-record, and long service life, are the cornerstone of state-of-the-art BESS developments. This Framework Agreement will combine our existing experience and industry-knowledge with SEG’s long track-record of lithium-ion battery production to ensure commercially optimized and technologically bankable projects.”

SEG, which is a joint-venture between Shanghai Electric Group Co., Ltd. (“Shanghai Electric”) and Guoxuan High-tech Co., Ltd., operates among the largest and most advanced production and supply-chain management centers in the world. Shanghai Electric (SHA: 601727), which has 70,000 employees and over US$20b in operating revenue, provides a strong industrial backing and decades of experience in power equipment manufacturing and integration.

About Pacific Green Technologies, Inc.
Pacific Green Technologies, Inc. is focused on addressing the world’s need for cleaner and more sustainable energy. The Company offers BESS and Concentrated Solar Power (CSP) energy solutions to complement its marine environmental technologies and emissions control divisions. For more information, visit PGTK’s website: www.pacificgreentechnologies.com

About Shanghai Electric Gotion New Energy Technology Co., Ltd.
Shanghai Electric Gotion New Energy Technology Co., Ltd. is a joint-venture between Shanghai Electric Group Co., Ltd. and Guoxuan High-tech Co., Ltd. With multiple production facilities and a long-established history in technology manufacturing and supply-chain management, SEG is well-positioned to provide lithium-ion BESS technology around the world.

Notice Regarding Forward-Looking Statements:
This news release contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, the ongoing effects of the pandemic on delays and orders regarding PGTK’s technologies, potential business developments around the world, and future interest in our green technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic and political conditions, the continuation of the Framework Agreement with SEG, and the ongoing impact of the pandemic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations, and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

CONTACT:
Scott Poulter, Chairman & CEO
Pacific Green Technologies
T: +1 (302) 601-4659

SOURCE: Pacific Green Technologies, Inc.