Solar Energy Future MALAYSIA 2022 is on Fire ACN Newswire

Solar Energy Future MALAYSIA 2022 is on Fire

September 27, 2022
KUALA LUMPUR, Sep 27, 2022 - (ACN Newswire via SEAPRWire.com) - Malaysia's 2025 target to have 31% of total power capacity from renewable energy sources is expected to be supported by the strong solar sector growth. Based on SEDA Malaysia, the total potential of solar PV in Malaysia reaches 269GW, deriving from 210GW for ground-mounted, 42GW for rooftop, and 17GW for FPV. How exactly should the quota availability be matched?Energy Box is organizing a face-to-face real event Solar Energy Future MALAYSIA 2022 on November 8th in Kuala Lumpur, striving to be the equivalent of a hub for efficient exploration of the renewable energy market.The event aims to help the attendees seize upon a deep and comprehensive understanding of Malaysia's renewable energy market and dedicates themselves to improving business cooperation between Malaysia's local companies with international companies.Event details:Place: Kuala Lumpur, MalaysiaEvent Website: /www.energy-box.com/malaysia-1Event Agenda:Honored Speakers (confirmed/inviting)1. Ir. Ts. Dr. Wan Syakirah Dato' Wan Abdullah, Head Business Assessment and Engineering, TNB Renewables Sdn. Bhd.2. Sustainable Energy Development Authority (SEDA)3. Dr. Wei-nee Chen, VP, New Energy Ventures, Hibiscus Petroleum Berhad4. Davis Chong, Executive Director and Group CEO, Solarvest Holdings Berhad5. Tham Chee Aun, Group CEO, Ditrolic Energy6. Aisswarya Kumaran, Business Development Associate, Shizen Malaysia Sdn Bhd7. BorHung Chong, Head of Business Development | Managing Director (Malaysia), NEFIN Group8. Ping Mendoza, Renewable Energy Business Dev Lead, Shell9. Kiran Jethwa, Managing Partner, fumase10. Liuyi Yeoh, Head of Renewable Energies (Malaysia), TotalEnergies11. Marcus Andre Ong, Deputy General Manager - Asia Pacific, Mainstream Renewable Power12. Yalim Ozilhan, Southeast Asia Director, EDF Renewables13. Thang Chee Keong, CEO, Plus Xnergy14. Gan Boon Hean, CEO, Leader Energy Pte Ltd15. Kai Ilham Klingenhagen, General Manager, PETRONAS New Energy16. Niranpal Singh, Managing Director-Malaysia, BayWa r. e APAC17. Hairol Azizi Tajudin, Group Chief Executive Officer, Cenergi SEA18. Alexis Issaharoff, CEO, Antah Solar19. Arnfinn Unum, Country Manager Malaysia, Scatec Solar20. Ernesto Rua Garcia, Head Of Renewables, ENGIE South East Asia21. Ir. Pramod Kumar Karunakaran, Executive Vice President Project Delivery, Sarawak Energy Berhad22. Alvin Wong, Director Malaysia, Sunseap Group Pte Ltd23. Arnaud Ayral, Corporate Solutions Director, Blueleaf Energy24. Raja Amir Raja Azwa, CEO, HSBC Amanah Malaysia Berhad25. Martin David, Principal, Singapore & Head of Projects, Baker McKenzie Wong & Leow26. Erik Haugen, VP of Development, Asia at Ecoplexus, Inc.27 Ir. Pui Hee Chow, Group Managing Director, Samaiden Group Berhad Sdn Bhd28. Ndiame Diop,World Bank Country Director for Brunei,Malaysia, Philippines and Thailand, The World Bank29. Kean Poh Chua, Senior Manager, Group Project, EDRA Power Holdings Sdn Bh30. Chor Jack, Projects & Finance Lawyer (Partner)，Christopher & Lee Ong31. Susan Hemming, Executive Director, and Owner, Coara Solar Sdn Bhd32. Noor Shahiwan, CEO, SUNCROX SOLAR33. Philipp Merten, Director - Export & Agency Finance, Commerzbank AG34. Ashwin Narayanan, Head of Special Projects (Renewable Energy), Malakoff Corporation Berhad35. KK Kong Group CEO at Maqo Solar36. Narsingh Chaudhary ,Executive Vice President & Managing Director, Asia Pacific, Black & Veatch37. Amazon Web Services (AWS)38. Google39. Microsoft40. WeiChee Liew, South & SEA Managing Partner, ERM41. Yinson42. Rabia Ferroukhi, Director - Knowledge, Policy and Finance Center, International Renewable Energy Agency43. Dieter Billen, Partner - Energy, Sustainability & Infrastructure - South-East Asia, Roland Berger44. Antoine Gaudin, Power and Renewables Consulting, Wood Mackenzie45. Syamantak Dhar, Regional Category Lead, Energy and Utilities, NestleEnergy Box Intro Energy Box is one of the largest vertical international media companies, dedicated to renewable energy(solar, wind, energy storage, green hydrogen).Business: Pan Europe, Africa & Middle Eats, LATAM and Asia. Currently we have had 40+ events , sales consulting, projects development, financing, meetings, interviews and peer to peer services.- Daily Emailings: 100,000+ - Social Media Blasts: 2 million impressions( Globally)Energy Box Linkedin: www.linkedin.com/company/energyboxexpo/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Hitachi Energy to support major renewable electricity transmission between Canada and New York City JCN Newswire

Hitachi Energy to support major renewable electricity transmission between Canada and New York City

September 21, 2022
ZURICH, SWITZERLAND, Sep 21, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it was selected by Transmission Developers Inc., a Blackstone portfolio company specialized in renewable power development, to supply a high-voltage direct current (HVDC) converter station that is a key part of the transmission solution for the Champlain Hudson Power Express (CHPE) HVDC interconnection between Quebec, Canada and the New York City metro area, the United States.The link will enable the delivery of clean, renewable hydropower between Canada and New York, contributing to New York's Climate Leadership and Community Protection Act (CLCPA), which aims for the state to be powered by 70 percent renewable energy by 2030.(1) CHPE is expected to decrease CO2 emissions by an average of 3.9 million metric tons per year, equivalent to removing 44 percent of passenger vehicles from New York City.(2)Using Hitachi Energy's HVDC Light technology, CHPE will transfer up to 1,250 megawatts of electricity, enough to power 1 million New York households. The link will efficiently transmit electricity for more than 600 kilometers (372 miles) underground from Hertel, Canada, through Lake Champlain and the Hudson River, to an HVDC converter station in Astoria, Queens.(1)"HVDC systems have tremendous potential for bringing large amounts of electricity directly into cities, which is essential for securing sustainable and affordable power today and in the future," said Niklas Persson, Managing Director of Hitachi Energy's Grid Integration business. "We are proud to play a crucial role in this very important investment in North America's transition to renewable energy and carbon neutrality.""Hitachi Energy's market leading HVDC technology will ensure efficient and reliable transmission of renewable energy for over 1 million New York homes and help achieve the state's climate goals," said Transmission Developers CEO Donald Jessome. "We look forward to beginning construction activity later this year and to delivering an abundance of clean, renewable energy to New Yorkers."Power requirements in cities are increasing, especially in densely populated areas where land is already scarce, and difficulties can arise when new right-of-ways must be secured for traditional transmission lines. HVDC technology enables large amounts of high-quality electricity to be delivered where it is most needed with complete control and with a very compact footprint using out-of-sight underground or underwater cables.The complete CHPE system, of which the HVDC converter stations are the enabling technology, is expected to create more than 1,400 jobs during construction and, during the first 30 years of operation, deliver almost $50 billion in economic benefits to New York state.(1)For the New York site, Hitachi Energy will supply the HVDC Light converter station, that will convert the DC power from Canada to AC power and make it available for the AC grid in New York.Kiewit, one of North America's largest and most respected engineering and construction companies, will be responsible for the civil works for the converter station in New York. The collaboration with Kiewit will combine the core competencies of the two companies to deliver a best-in-class solution.(1) Champlain Hudson Power Express(2) May 2021 PA Analysis ReportFor more information, visit www.hitachi.com/New/cnews/month/2022/09/220921b.pdf. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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SEA Solar & Energy Storage Leaders to Gather in Thailand Later Next Month ACN Newswire

SEA Solar & Energy Storage Leaders to Gather in Thailand Later Next Month

September 15, 2022
BANGKOK, THAILAND, Sept 14, 2022 - (ACN Newswire via SEAPRWire.com) - SEA's 2025 target to have 35% of total power capacity from renewable energy sources is expected to be supported by the strong solar and Energy Storage sector growth. How exactly should the quota availability be matched?Energy Box are organizing Solar Energy Storage Congress SEA scheduled on October 18th, 2022.The congress will invite the ASEAN government, local power companies, leading companies with the most development experience, qualifications and investment intentions in SEA, and 600+ professionals to share SEA's solar and Energy Storage project development strategies, and jointly analyze the future development of solar and Energy Storage markets. Including cutting-edge trends in its new energy market.Event details:Place: Bangkok, ThailandEvent access: https://www.energy-box.com/congress-sea-2022Event Agenda: Honored Speakers (confirmed/inviting)Patana Sangsriroujana , Deputy Governor, EGATMark Hutchinson ，Chair, Southeast Asia Task Force at Global Wind Energy Council (GWEC)Diala Hawila-Programme Officer at International Renewable Energy Agency (IRENA)Pimpa Limthongkul，President at Thailand Energy Storage AssociationRamesh Subramaniam Director General, Southeast Asia Department at Asian Development Bank (ADB)Buranin Rattanasombat Executive Vice president at PTT Company LimitedThomas Leonard, Senior Energy Markets & Technology Consultant, DNVBusarin Premasathira, Renewable Energy Project Leader, B.GrimmSomruedee Somphong，Banpu CEO • Sustainable energy for AsiaBundit SAPIANCHAI，CEO , BCPGThanatis (Pock) T.，AVP - Finance & Strategic Planning , Thai Solar Energy Co.,Ltd.Yalim Ozilhan, Southeast Asia Director, EDF RenewablesSurachet Chaipatamanont，Vice Chairman & Executive Director , Prime Road PowerErnesto Rúa García, Head of Renewables, ENGIE South East AsiaSomruedee Somphong，Banpu CEO • Sustainable energy for AsiaTor Pramoj, Managing Director at BayWa r.e. (Thailand) Co., Ltd.J Prachitpol Himathongkam , Deputy CEO , SPCG Public Company LimitedFabien Chedefaux，Country Head (Thailand) , LYS Energy GroupAntoine CROIZE, Sales Manager, South-East Asia and Taiwan , VestasDeepak Maloo , Regional Sales Leader - APAC，GE Renewable EnergySumet Tepkhom， Director of International Power Business Development at WHA Utilities and Power Public Company LimitedJoseph Tomkiewicz, Partner at Tilleke & Gibbins,Co-Chair Energy Industry Team, Tilleke & GibbinsMoritz Nicolai Sticher, Senior Advisor, Apricum , The Cleantech AdvisoryThaweesak Boonyong，Project Manager , Gulf Energy Development Public Company LimitedHarsh Dash ，Renewable Energy , CleanMaxBhargab Mohan Das， Managing Director & CEO at Christiani & Nielsen Energy Solutions Co., Ltd.Ir. Pui Hee Chow, Group Managing Director, Samaiden Group Berhad Sdn BhdTwarath Sutabutr，Energy Ecosystem Expert ,REEEPSom Hemvej ，RE Engineer and Consultant - Thailand, Malaysia and Vietnam, ALTERVIMPIYA PHONGTONGPASUK, Business Development Manager , Absolute Clean Energy Public Company LimitedEnergy Box IntroEnergy Box is one of the largest vertical international media companies, dedicated to renewable energy(solar, wind, energy storage, green hydrogen).Business: Pan Europe, Africa & Middle Eats, LATAM and Asia. Currently we have had 40+ events , sales consulting, projects development, financing, meetings, interviews and peer to peer services.Daily Emailings: 100,000+Social Media Blasts: 2 million impressions( Globally)Energy Box LinkedIn Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Pertamina saves US$402.46 million amid rising global oil prices ACN Newswire

Pertamina saves US$402.46 million amid rising global oil prices

September 3, 2022
JAKARTA, Sep 3, 2022 - (ACN Newswire via SEAPRWire.com) - State-owned oil and gas company PT Pertamina succeeded in saving operational costs of around Rp6 trillion (US$402.46 million) until July 2022 through several efficiency programs amid rising world oil prices that increased fuel production costs.PT Pertamina head office building (ANTARA/HO-PT Pertamina)She explained that energy companies around the world are facing difficult situations as a result of disruption of the global energy supply chain due to the Russia-Ukraine conflict. The global trade mobility leading to post-pandemic recovery was jolted by limited supply that led to an energy crisis.The president director noted that the Indonesian government's policy of maintaining the people's purchasing power through fuel subsidies was the proper measure to accelerate economic recovery.According to Widyawati, the accuracy of the policy is reflected in the fuel consumption increase for community mobility and business activities.Pertamina President Director Nicke Widyawati stated that such a success could not be separated from strategic cost-saving measures taken by the company group since the start of this year.She explained that energy companies around the world are facing difficult situations as a result of disruption of the global energy supply chain due to the Russia-Ukraine conflict. The global trade mobility leading to post-pandemic recovery was jolted by limited supply that led to an energy crisis.The president director noted that the Indonesian government's policy of maintaining the people's purchasing power through fuel subsidies was the proper measure to accelerate economic recovery.According to Widyawati, the accuracy of the policy is reflected in the fuel consumption increase for community mobility and business activities.On the other hand, she also pointed out that the increase in fuel consumption had caused an increase in the burden of government subsidies."We understand the heavy burden of the government's fuel subsidy, and for that Pertamina carries out various cost-saving programs in order to help reduce the burden," she stated.She remarked that the largest chunk of the company's cost of fuel production is for the purchase of crude oil, which accounts for 92 percent of the production costs.Fortunately, investment in upgrading the Pertamina Oil Refinery, which had been conducted in the last four years, had succeeded in increasing the flexibility of crude oil availability.It means, if so far, the Pertamina refinery has only been able to process certain crude oil that is expensive, but starting last year, it has been able to process crude oil, with a higher sulfur content, which is cheaper and can be gained from many sources," Widyawati stated.This is Pertamina's strategic move that has succeeded in significantly reducing fuel production costs, she affirmed.In addition, the company's energy efficiency efforts in all operational areas -- from upstream to downstream -- had caused significant cost savings while also contributing to a reduction in carbon emissions."The post-restructuring breakthrough, which is also significant to achieve Pertamina Group's efficiency, is the centralization of the procurement of goods and services, as well as the integration and optimization of all assets from upstream to downstream," she stated.Apart from saving costs, the Pertamina Group has also succeeded in increasing its revenue through the export of high value-added products, such as HVO (palm-based D100) and Low Sulfur Fuel Oil.By upgrading its refineries, Pertamina has currently been able to produce more low-carbon products whose demand had continued to increase, thereby capturing a very prospective opportunity in the midst of global demand for such a product."For Pertamina, cost savings are not just about cutting costs but also changing operating models and improving business processes, so that all company programs can be carried out and all targets are achieved, but at a lower cost," Widyawati stated."Pertamina will continue to make various efforts to save costs, which at the same time can reduce carbon emissions, thereby supporting the company's and national energy transition efforts," she said.Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)M: +62 858 8330 8686, Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.comWritten by: Yuni Arisandy Sinaga, Editor: Rahmad Nasution (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Wuling Motors (00305.HK) Announces 2022 Interim Results

August 26, 2022
HONG KONG, Aug 26, 2022 - (ACN Newswire via SEAPRWire.com) - On August 24, Wuling Motors (00305.HK), a Hong Kong-listed company, released its 2022 semi-annual performance report.In the first half of 2022, Wuling Motors achieved an operating income of 6.275 billion yuan, a year-on-year decrease of 12.4%; a net loss of 139 million yuan, a substantial increase over the same period 2021. During the period, affected by the international situation and the frequent outbreak of the epidemic, the Chinese auto market was still in an adjusted recovery period. The revenue of each segment of the company declined to various degrees, because of the continued high price of raw materials and shortage of auto chips.In terms of revenue structure, Wuling Motors' revenue comes from four departments: the automotive power system, auto parts & other industrial services, commercial vehicles (including new energy vehicles), and others. The auto parts department is still the company's largest source of income. In the first half of the year, apart from SAIC-GM-Wuling, the auto parts department promoted products to other customers, such as Great Wall Motor, Foton Motor, Chery Automobile, Dongfeng Xiaokang, etc. During the period, sales increased slightly compared with the same period of 2021, and sales to these customers accounted for approximately 32.6% of the total revenue of the department. Wuling Motors continuously improved the single structure of customers and realized business diversification.During the period, the automotive power system department sold approximately 109,000 engines in the first half of 2022, a slight increase of approximately 3.9% over the same period of 2021; sales to the core customer SAIC-GM-Wuling increased by 25% over the same period in 2021. However, due to the tough business environment, the selling price of the engine was low and the sales revenue decreased.In terms of commercial vehicle business, in addition to new energy vehicles, Wuling Motors continued to deepen the market segment of modified vehicles and non-road vehicles. In 2022 H1, the sales volume of conventional modified vehicles was 28,519 units, which made Wulin Motors continue to be one of the leading suppliers in the micro-cargo modified market segment; the sales volume of non-road vehicle business reached 1,974 units. It is worth mentioning that the pure electric logistics vehicle independently developed by Wuling Motors has been rapidly increasing since its launch in 2020. In the first year, the sales volume was about 4,700 units. In 2021, the annual the sales volume has exceeded 10,000 units. In the first half of 2022, domestic sales of new energy vehicles reached 7,896 units, a year-on-year increase of 57%. The pure electric logistics vehicle has been recognized by the market, which also verifies that Wuling Motors can manufacture complete vehicles. In addition, Wuling Motors has the manufacturing experience of auto parts, the ability to control the supply chain, and the ability of lean production. In the future, Wuling Motors may make overall arrangement on the entire industry chain of new energy.According to the announcement, the Hubei Jingmen production base built by Wuling Motors for in-depth cooperation with Great Wall Motors will be put into production in the second half of 2022. Meanwhile, Wuling Motors' auto parts division department has successfully manufactured new products such as front & rear axles of Chery Automobile and SAIC Maxus, and actively approached new business opportunities with other target customers, providing new growth drivers for the company.What is more worth mentioning is that Wuling Motors strategically participates in the restructuring of Wuling New Energy to accelerate the expansion of the new energy vehicle industry and meets the powerful opportunities in the new energy vehicle market segment. Wuling Industry will sell the original patented technology of new energy vehicles to Wuling New Energy, and the relevant R&D expenses will be transferred to Wuling New Energy after the completion of the reorganization, which can effectively reduce subsequent R&D expenses and increase profits. Meanwhile, Wuling Industry, as a strategic supplier of Wuling New Energy, will continuously bring stable growth points for the company's performance as Wuling New Energy develops.According to public information, since August, Liuzhou and Wuling Industry, Shandong Branch have linked multiple production lines to keep producing, seize the time to ensure production, and support several new energy vehicle models from many car companies. The monthly output continues to rise and is expected to exceed 70,000 units. It is expected that the company's profitability will grow in the second half of the year. In addition, Wuling Motors stated that the increase in R&D expenses of new business projects related to new energy vehicles and components also adversely affected the company's earnings performance. In 2022 H1, the company's R&D investment is 191 million yuan, a significant increase of 61.9% year on year. The company will continue to increase investment in research and development, enrich product lines, and enhance brand influence to increase sales of new energy power systems, auto parts, and commercial vehicles.Overall, although the operating performance of Wuling Auto's semi-annual report has declined, the logic is very clear. Wuling Motors invested a large number of funds in the product research and development of new energy components and new energy vehicles, and actively deployed the new energy vehicle field to seize the opportunities for rapid development of the industry. Wuling Motors is moving forward with energy. After Wuling Motors having gone through a painful period of transformation, the company's future can be expected. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Hitachi, Ltd. and Hitachi Energy are rising to the challenge of advancing a sustainable energy future for all JCN Newswire

Hitachi, Ltd. and Hitachi Energy are rising to the challenge of advancing a sustainable energy future for all

August 25, 2022
TOKYO and ZURICH, Aug 25, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi, Ltd. (TSE: 6501) and Hitachi Energy are proud to share a preview of the advanced technologies and experiences at CIGRE Session 2022, a major global event for power systems, taking place in Paris from August 28 to September 2, 2022. A major theme is the shared commitment to powering good with social innovation and advancing a sustainable energy future for all.In a global effort to transition towards a sustainable energy system, Hitachi is working very closely with its customers and partners to develop the necessary solutions to accelerate this transition. In an important landmark, both Hitachi, Ltd. and Hitachi Energy will exhibit together at this live event for the first time (Booth S232). During the conference, the combined experts will share more than 50 papers across the energy sector's most critical topics.The company will be launching and showcasing new innovations for sustainability and enhanced digital capabilities:- EconiQ, eco-efficient portfolio which is proven to deliver an exceptional environmental performance compared to conventional solutions. It will be expanding its extensive EconiQ high-voltage portfolio that eliminates sulfur hexafluoride (SF6). The EconiQ range also includes transformers that are eco-efficient by design, optimized to address sustainability contributing to decarbonization, enhancing safety, protecting surrounding ecosystems and responsible use of resources.  Through EconiQ services, environmental impact and carbon footprint throughout the lifecycle are significantly reduced.- Grid-eXpandTM is a new comprehensive range of modular prefabricated air-insulated and gas-insulated grid connection solutions. They are engineered, assembled, and factory-tested before delivery, ready for fast and easy energization on-site, hence reducing greatly the installation time and accelerating the transition to a sustainable energy system.- IdentiQ digital twin solutions for high-voltage direct current (HVDC) and power quality portfolio enable cross-team digital collaboration to accelerate project execution and minimize project risks IdentiQ also provides relevant asset information, analytics, and operational data in an intuitive and easy-to-navigate dashboard, which users can customize to match their needs.- Lumada Inspection Insights, the end-to-end portfolio of digital solutions for the inspection, monitoring and optimization of critical assets. Pioneered by Hitachi Energy and Hitachi Vantara, Lumada Inspection Insights enables the automation of asset inspection, supports sustainability goals, improves physical security, and reduces risks.- OceaniQ, company's innovative portfolio that addresses the unique challenges of the offshore environment for reducing costs, increasing safety and improving efficiency."Today we are seeing an increased urgency to strengthen, expand and evolve the power grid, and we are delivering on our future grid promises and supporting the acceleration of the energy transition," said Claudio Facchin, CEO of Hitachi Energy. "We are pushing the boundaries with innovative technology and new business models, collaborating with customers and partners to advance a sustainable energy future for all," he added.Together, these technologies validate the momentum behind Hitachi Energy's commitment to deliver real customer outcomes and enable a more sustainable, flexible, and secure energy system. In our latest thought leadership journal "Perspectives", we are commonly sharing our views together with customers like SSE and with industry associations like WindEurope and these perspectives are living proof of our pioneering spirit, enabling us to bring visions and plans, such as an offshore European grid, to reality. Both Hitachi and Hitachi Energy are recognized as pioneering technology leaders with some of the industry's most advanced clean energy and digital solutions that can be offered through the combination of IT and operational technology.About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company's consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.About Hitachi Energy Ltd.Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD. https://www.hitachienergy.comhttps://www.linkedin.com/company/hitachienergy https://twitter.com/HitachiEnergy Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Bintai Kinden Appointed by South Korean Company to Market Piping and Fitting Products ACN Newswire

Bintai Kinden Appointed by South Korean Company to Market Piping and Fitting Products

August 16, 2022
PETALING JAYA, Malaysia, Aug 16, 2022 - (ACN Newswire via SEAPRWire.com) - Mechanical and electrical (M&E) engineering services specialist Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998) is pleased to announce that Bintai Energy Sdn Bhd has been appointed by World Standard Materials Co. Ltd. (WSM) to sell and market flanges, plates, tubes, pipe, coils and fittings for the chemical and petrochemical industries.En. Azri Azerai, Executive Director of Bintai KindenBintai Energy is 51% owned by Bintai Kinden through its wholly-owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd. WSM was founded in 1999 in Busan, South Korea. The company is involved in manufacturing and trading of industrial steel products. The company supplies to various industries internationally, including oil and Gas, power generation, shipbuilding, chemical and petrochemical industries.As part of the appointment, WSM will work with Bintai Energy to seek opportunities as well as provide the necessary technical and competitive price support of the products while Bintai Energy will be responsible for the promotion of WSM's products. The collaboration is for a period of three years.En. Azri Azerai, Executive Director of Bintai Kinden said, "The collaboration with WSM enables us to widen our product offerings to the chemical and petrochemical industries important for their role in the value-chain of other industries such as plastics and automotives as they supply the raw materials.""We are delighted to have the opportunity to work with WSM, whose research and development efforts have been rewarded with quality flanges, pipes and fittings that are used in the chemical and petrochemical industries. We look forward to working together to grow the market for WSM's products in Malaysia."Mr. Ahn Byung Hwan, President of WSM said, "We are looking forward to working with Bintai Energy to bring our products to the Malaysian market. We believe that together, both parties will be able to make inroads into the chemical and petrochemical industries."Bintai Kinden Corporation Berhad: 6998 [BURSA: BKC], http://bintai.com.my/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Bintai Kinden to Market O&G Equipment in Indonesia ACN Newswire

Bintai Kinden to Market O&G Equipment in Indonesia

August 10, 2022
PETALING JAYA, Malaysia, Aug 10, 2022 - (ACN Newswire via SEAPRWire.com) - Mechanical and electrical (M&E) engineering services specialist Bintai Kinden Corporation Berhad's (Bursa: BINTAI, 6998) sub-subsidiary, Bintai Energy Sdn. Bhd., has entered into a business collaboration agreement with PT Raintech Indo Energi (PTRIE) in which PTRIE has been appointed to market and promote flanges, fittings, pipes and other oil and gas (O&G) equipment on behalf of Bintai Energy in Indonesia.Azri Azerai, Executive Director of Bintai KindenBintai Kinden owns a 51% stake in Bintai Energy through Kejuruteraan Bintai Kindenko Sdn Bhd, an M&E engineering services specialist. PTRIE provides integrated solutions with a focus on the upstream, midstream and downstream O&G industry as well as the marine, industrial, aviation, water and waste water, food and beverage and, healthcare industries.Under the agreement, which is valid for three years, Bintai Energy will collaborate and work together with PTRIE to promote business opportunities and provide the necessary technical and competitive price support on the products to be represented by PTRIE, which will be responsible for the promotion of the products in Indonesia and advise Bintai Energy on market-related information on these products.En. Azri Azerai, Executive Director of Bintai Kinden said, "The collaboration with PTRIE opens up vast opportunities for us as Indonesia is Southeast Asia's largest economy with a GDP of US$1.19 trillion as of 2021 and a population of 270 million. Its O&G industry is an important contributor to the economy and a key growth driver.""We look forward to working together with PTRIE, whose founders are renowned experts in Indonesia's O&G industry, to seek opportunities that are beneficial to us both as Indonesia has set a target to ramp up crude oil and condensates production to 705,000 barrels a day."Ms. Verra Christianty, Director of PTRIE said, "We are happy to collaborate with Bintai Energy to introduce these products to Indonesia. We are sure that, with their technical and pricing knowledge, both parties will be able to penetrate a vast market."Bintai Energy was recently awarded additional sub-contracts to supply high-grade carbon steel/stainless steel piping, valves and piping accessories with a value of approximately RM4.43 million and has to-date clinched approximately RM9.0 million in sub-contracts.Bintai Kinden Corporation Berhad: 6998 [BURSA: BKC], http://bintai.com.my/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Hitachi Energy Supports Huge Step in Germany’s Energy Transition JCN Newswire

Hitachi Energy Supports Huge Step in Germany’s Energy Transition

August 4, 2022
ZURICH, SWITZERLAND, Aug 4, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it has won a major order from TenneT and TransnetBW, two of Germany's four transmission system operators, to supply a transmission solution for the SuedLink DC4 high-voltage direct current (HVDC) interconnection between the north and south of the country.SuedLink DC4 is one of the most important power grid and energy transition projects in Germany. It will play a crucial role in Germany's energy transition, enabling a reduction in the use of fossil fuels and helping the country achieve carbon neutrality by 2045.(1)Using Hitachi Energy's HVDC Light technology, SuedLink DC4 will transfer up to 2,000 megawatts of emission-free electricity, enough to power 5 million German households.(2) The link will efficiently transmit electricity for 550 kilometers underground, at +/= 525 kilovolts, sending wind power from the north to the industrial south, or alternatively solar power from the south to the north when needed."We are proud to play a crucial role in this very important investment in Germany's transition to renewable energy and carbon neutrality," said Niklas Persson, Managing Director of Hitachi Energy's Grid Integration business. "HVDC Light is the enabling technology for large-scale transfers of renewable energy, both onshore and offshore.""SuedLink will form the backbone of the energy transition in Germany. With the award of the DC4 high-voltage direct current system to Hitachi Energy, we are now moving towards the realization of this important power link," says Tim Meyerjurgens, Chief Operations Officer of TenneT.SuedLink DC4 transmits electricity between Wilster in the north and Bergrheinfeld in the south.Hitachi Energy will supply an HVDC Light converter station at each end of SuedLink DC4 to convert AC power from the transmitting grid to DC for delivery through the link, and back to AC for transfer to the receiving grid. The contract includes three cable section stations to speed up fault detection in the link.As part of its long-term commitment to Germany's energy transition, Hitachi Energy has recently won or completed orders for solutions that integrate large-scale renewables(3). These include the converter stations for the NordLink(4) HVDC interconnector between Germany and Norway, the converter stations for the connection of the 900-megawatt DolWin5(5) offshore wind farm in the German North Sea, the Kriegers Flak Combined Grid Solution(6) which connects the German power grids with two offshore wind farms in the Baltic Sea and Denmark, and power quality solutions to enable more renewable energy to flow from north to south Germany.Note:Hitachi Energy's HVDC solution combines world-leading expertise in HVDC converter valves, the MACH digital control platform(5), which enables renewables integration and manages voltage and frequency disturbances in the grid; converter power transformers and high-voltage switchgear, as well as in system studies, design and engineering, supply, installation supervision and commissioning.HVDC Light is a voltage source converter technology developed by Hitachi Energy. It is the preferred technology for many grid applications, including interconnecting countries, integrating renewables and "power-from-shore" connections to offshore production facilities. HVDC Light's defining features include uniquely compact converter stations and exceptionally low electrical losses.Hitachi Energy pioneered commercial HVDC technology almost 70 years ago and has delivered more than half of the world's HVDC projects.(1) Climate Change Act: climate neutrality by 2045. (bundesregierung.de)(2) Suedlink - TenneT(3) Hitachi Energy HVDC projects in Germany(4) NordLink(5) DolWin5 | Hitachi Energy(6) Kriegers Flak Combined Grid Solutions (KF CGS) HVDC | Hitachi Energy(7) Modular Advanced Control for HVDC (MACH)HVDC website:https://www.hitachienergy.com/offering/product-and-system/hvdcAbout Hitachi EnergyHitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD. https://www.hitachienergy.comhttps://www.linkedin.com/company/hitachienergy https://twitter.com/HitachiEnergyAbout Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company's consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.For more information, visit www.hitachi.com/New/cnews/month/2022/08/220804b.pdf. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Bintai Kinden JV Wins Contracts to Supply O&G-Related Equipment ACN Newswire

Bintai Kinden JV Wins Contracts to Supply O&G-Related Equipment

July 28, 2022
PETALING JAYA, Malaysia, Jul 28, 2022 - (ACN Newswire via SEAPRWire.com) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that Bintai Energy Sdn Bhd (Bintai Energy) has been awarded a series of additional sub-contracts by Petro Flanges & Fittings Sdn Bhd (PFF) to supply high-grade carbon steel/stainless steel piping, valves and piping accessories with a value of approximately RM4.43 million to companies in the oil and gas (O&G) industry.Azri Azerai, Executive Director of Bintai KindenBintai Kinden, through wholly-owned subsidiary Kejuruteraan Bintai Kindenko Sdn Bhd (KBK), has a 51% interest in Bintai Energy, with the other 49% interest held by PFF. KBK is a M&E engineering services specialist while PFF is a supplier of pipes, flanges, fittings, valves and other O&G-related equipment.En. Azri Azerai, Executive Director of Bintai Kinden said, "These sub-contracts are a welcome addition to the stable of sub-contracts under KBK and we believe that the partnership we have with PFF through Bintai Energy is an effective platform from which both sides can leverage and benefit.""The dynamic team at Bintai Kinden is continuously evolving and one area we are focusing on is the O&G industry where we are tapping into opportunities from rising activities in the industry. Under these sub-contracts, we are supplying equipment to various established companies with O&G-related businesses and activities. Bintai Energy has been awarded with similar contracts since its establishment in March 2022 and we hope to be able to win more such contracts given our expertise and knowledge."With the most recent sub-contracts, Bintai Energy has clinched a total of approximately RM9.0 million under the Bintai Energy JV since its formation.Bintai Kinden Corporation Berhad: 6998 [BURSA: BKC], http://bintai.com.my/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Hitachi Energy selected to help bring almost 50 percent more power to 20 million people in India JCN Newswire

Hitachi Energy selected to help bring almost 50 percent more power to 20 million people in India

July 22, 2022
ZURICH, SWITZERLAND, Jul 22, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy, a market and technology leader in transmission, distribution and grid automation solutions, today announced it has won a major order from Adani Electricity Mumbai Infra Limited, part of India's largest privately-owned power company Adani, to provide a high-voltage direct current (HVDC) transmission system which will link Kudus to Mumbai, on India's west coast.Mumbai is experiencing a rapid increase in electricity consumption, seeing peak demand increasing to 3,850 megawatts (MW) in 2022, of which around 2,100 MW was supplied from outside sources(1). The new HVDC link will supply up to 1,000 MW of electricity, increasing power from outside of the city by almost 50 percent. The link will strengthen the existing transmission infrastructure and help Adani to ensure a reliable power supply in the region.Globally, power loads in cities are increasing, especially in densely populated areas where land is already scarce, and difficulties can arise whenever new right-of-way must be secured for traditional transmission lines. HVDC technology enables large amounts of high-quality electricity to be delivered where it is most needed with complete control, with a very compact transmission system.Mumbai is one of the world's most densely populated cities, with a population of over 20 million, and, by utilizing Hitachi Energy's compact HVDC system and 50 kilometers of underground cables rather than overhead lines, almost 2.3 square kilometers of land will be saved - the equivalent of more than 320 soccer pitches."Our HVDC systems have tremendous potential for bringing large amounts of electricity directly into cities, such as Mumbai, where it is needed most but space is severely limited," said Andreas Berthou, Global Product Group Manager of HVDC and HVDC Service of Hitachi Energy's Grid Integration business. "As the world becomes more sustainable, electricity will be the backbone of the entire energy system."Earlier this year Mumbai unveiled its Climate Action Plan(2), aiming towards becoming the first city to become carbon neutral in South Asia. The plan focuses on six sectors, including decarbonizing Mumbai's energy grid, building energy-efficient and climate-resilient infrastructure and promoting low carbon mobility solutions. This HVDC link will be a crucial step to modernizing the city and state grids, and essential to the fruition of the Climate Action Plan.Hitachi Energy has an impressive HVDC track record in India, where it introduced the technology over 30 years ago with the Vindhyachal project in 1989. Raigarh-Pugalur is Hitachi Energy's sixth HVDC project in India and the second UHVDC installation, following the multi- terminal North-East Agra link.(3)Hitachi Energy's HVDC solution combines world-leading expertise in HVDC converter valves, the MACH digital control platform(4) converter power transformers and high-voltage switchgear, as well as in system studies, design and engineering, supply, installation supervision and commissioning.HVDC Light is a voltage source converter technology developed by Hitachi Energy. It is the preferred technology for many grid applications, including interconnecting countries, integrating renewables and "power-from-shore" connections to offshore production facilities. HVDC Light's defining features include uniquely compact converter stations and exceptionally low electrical losses.Hitachi Energy pioneered commercial HVDC technology almost 70 years ago and has delivered more than half of the world's HVDC projects.(1) India Express(2) Mumbai Climate Action Plan(3) Hitachi Energy HVDC projects in India(4) Modular Advanced Control for HVDC (MACH)HVDC websitewww.hitachienergy.com/offering/product-and-system/hvdcwww.hitachienergy.com/offering/product-and-system/hvdc/city-center-infeedAbout Hitachi Energy Ltd.Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.https://www.hitachienergy.comhttps://www.linkedin.com/company/hitachienergyhttps://twitter.com/HitachiEnergyAbout Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company's consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Commencing Social Implementation of Hydrogen for the Development of Future Cities in Fukushima JCN Newswire

Commencing Social Implementation of Hydrogen for the Development of Future Cities in Fukushima

July 19, 2022
TOKYO, Jul 19, 2022 - (JCN Newswire via SEAPRWire.com) - Fukushima Prefecture and Toyota Motor Corporation (Toyota) are focusing on hydrogen as a new source of energy. Since June 2021, they have been discussing specific initiatives of the project with various partners to create an implementation model focusing on hydrogen use in cities with populations of around 300,000 which is typical of Japan, before applying the model to similar-sized cities nationwide.The two parties have committed to fully implementing the model using hydrogen with the aim of developing new cities of the future that utilize both hydrogen produced in Fukushima and hydrogen-related technologies developed in Fukushima. The project will focus on deliveries to supermarkets and convenience stores which are a part of the essential urban infrastructure, and evacuation areas in times of disaster.To achieve carbon neutrality by 2050, specific efforts are further required to establish a sustainable society that can be passed on to the next generation.Through the implementation model focused on hydrogen, Fukushima Prefecture, Toyota, and their partners will strengthen shared convictions and expand their circle of cooperation. They will work steadily to realize one of the world's first hydrogen societies and achieve carbon neutrality by 2050.Details of the social implementation1. Introducing light-duty fuel cell (FC) electric trucks and establishing energy management systems that are integrated with operational management- In collaboration with Commercial Japan Partnership Technologies (CJPT), the consignors and logistics businesses, infrastructure providers, and automakers will work together to introduce light-duty FC electric trucks in Iwaki and Koriyama Cities, and establish energy management systems that integrate fleet operation management.- Specifically, as convenience stores and supermarkets begin to introduce FC light-duty trucks from January 2023, we will build an energy management system that links the fleet management system of each company, vehicle travel information, and hydrogen station information. This system will provide optimal placement and operating conditions for hydrogen stations, avoid traffic congestion at hydrogen stations, and minimize vehicle and cargo downtime due to travel time to and from hydrogen stations- Approximately 60 light-duty FC electric trucks will be introduced in Iwaki City and Koriyama City, and there are plans to introduce heavy-duty FC electric trucks as well.*Part of the construction of the energy management system will be carried out by the consortium, of which CJPT is the managing company, in the "Green Innovation Fund Projects / Smart Mobility Society Construction Project" subsidized by the New Energy and Industrial Technology Development Organization (NEDO), a national research and development corporation.2. Promotion of Fuel Cell Electric Vehicles (FCEVs) for various uses- Since June 2022, we have been promoting the use of a mobile retail vehicle equipped with electrical appliances such as refrigerators and freezers in the towns of Namie and Futaba, utilizing the power generation capabilities of FCEVs. We will continue to consider FCEVs that can be useful in the daily lives of residents in local communities.- By introducing vehicles capable of generating new value through the use of electricity and having a clean and quiet usage environment, this project will bring a range of benefits, including helping to make cities more convenient―especially those with aging populations or those suffering from depopulation―and will help promote the appeal of Fukushima Prefecture.3. Decarbonizing plants and stores through the use of renewable energy and hydrogen- In order to decarbonize plants and stores, the project will seek to increase the use of renewable energy and establish models that utilize hydrogen.- More specifically, the project will use Denso Fukushima's plants to showcase the implementation of hydrogen technologies. They will begin building a model for the local consumption of locally produced hydrogen by developing new electrolysis equipment to produce clean hydrogen and combust it in the plants' gas furnaces. In addition to the installation of stationary FC generators in offices to reduce carbon emissions, we will also begin implementation with a view to using them as a power source in times of disaster, and we will also study the possibility of installing the FC generators in stores.- Through these efforts, we hope to build a hydrogen utilization model that can be implemented in various industries and regions, and to publicize the details of our efforts so that many people will join us.*The hydrogen utilization at Denso's Fukushima Plant will be implemented as a project subsidized by the New Energy and Industrial Technology Development Organization (NEDO).Participating partners, as of July 19, 2022 (in alphabetical order)- AEON TOHOKU Co., Ltd.- Air Liquide Japan G.K.- Asahi Group Japan, Ltd.- Ban-ei Transportation Co., Ltd.- enagia. Inc.- DENSO Corporation- DENSO FUKUSHIMA CORPORATION- FamilyMart Co., Ltd.- Hino Motors, Ltd.- Hitachi Transport System, Ltd.- Isuzu Motors Limited- Iwatani Corporation- Koriyama Kanko Kotsu Co., Ltd.- Lawson, Inc.- MIRAIT ONE Corporation- NEMOTO Corporation- Onahama Packaging Materials Co., Ltd.- Sagawa Express Co., Ltd.- SATO NENRYO CO., LTD.- Seven-Eleven Japan Co., Ltd.- Shioya Sangyo, Ltd.- Tamura Kenzai Co., Ltd.- Toyota Central R&D Labs., Inc.- TOYOTA MOBILITY PARTS Co., Ltd.- Toyota Tsusho Corporation- Yamato Densetsu Co., Ltd.- YORK-BENIMARU CO., Ltd.- Namie Town, Futaba Town- National Institute of Advanced Industrial Science and Technology (AIST) Fukushima Renewable Energy InstitutePartner organizationNew Energy and Industrial Technology Development Organization (NEDO) Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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CJPT to Begin Construction and Social Implementation of an Energy Management System in Fukushima and Tokyo to Promote Electrified Vehicles JCN Newswire

CJPT to Begin Construction and Social Implementation of an Energy Management System in Fukushima and Tokyo to Promote Electrified Vehicles

July 19, 2022
TOKYO, Jul 19, 2022 - (JCN Newswire via SEAPRWire.com) - Commercial Japan Partnership Technologies Corporation has announced today that, in collaboration with its partners, it will begin the construction and social implementation of an energy management system in Fukushima Prefecture and Tokyo in January 2023, to promote the widespread use of electrified vehicles.Since it was founded in April 2021, CJPT has been been considering initiatives at logistics sites to contribute to achieving a carbon neutral society and reduce the burden on drivers and workers by accelerating the spread of CASE. In order to promote the widespread use of electrified vehicles, consignors, logistics businesses, infrastructure providers, automakers, and other related partners must come together to address sustainability by taking a practical approach. As a result of repeated discussions with many people in various industries, it was decided to begin social implementation projects in Fukushima and Tokyo.The introduction of commercial electric vehicles imposes an increasing burden on society as a whole, not only in terms of vehicle purchase, but also in terms of downtime for cargo and vehicles due to recharging and hydrogen filling and an increase in peak electricity demand at business sites due to uneven recharging timing. Commercial electrified vehicles will be introduced in this social implementation project, including heavy-duty fuel cell electric trucks (heavy-duty FC electric trucks) for main line transportation and mini-commercial van electric vehicles (mini-commercial van BEVs) for last mile deliveries. In addition, energy management integrated with commercial vehicle operation management will lead to reductions in overall burden on society and CO2 emissions.Through this initiative, CJPT will increase the movement toward carbon neutrality of the whole society and, together with its partners, take on the challenges it is facing as opportunities for industrial development and the strengthening of international competitiveness.*This social implementation, which aims to commercialize an energy management system and operate it in the real world, is partly executed as the "Green Innovation Fund/ Building Smart Mobility Society", a project subsidized by the New Energy and Industrial Technology Development Organization (NEDO), a national research and development agency.For more information, visit https://global.toyota/en/newsroom/corporate/37544407.html. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Integrated “Future Energy Asia” and “Future Mobility Asia” Exhibition and Summit To Drive Forward ASEAN Energy Transition and Clean Mobility Transformation ACN Newswire

Integrated “Future Energy Asia” and “Future Mobility Asia” Exhibition and Summit To Drive Forward ASEAN Energy Transition and Clean Mobility Transformation

July 18, 2022
BANGKOK, Jul 18, 2022 - (ACN Newswire via SEAPRWire.com) - Endorsed and hosted by Thailand's Ministry of Energy, under the patronage of H.E. Supattanapong Punmeechaow, Deputy Prime Minister of Thailand, the world's largest organiser of energy exhibitions and conferences, dmg events, presents Future Energy Asia and Future Mobility Asia. The combination of events are dedicated to accelerating ASEAN's energy transition and clean mobility missions and will be held from 20 to 22 July 2022, at the Bangkok International Trade & Exhibition Centre (BITEC), Bangkok..An International Renewable Energy Agency (IRENA) report estimates that by 2025, around 20% of vehicles in Southeast Asia will be electric, with around 59 million two- to three- wheelers and 8.9 million four-wheel vehicles(1). Coupled with an expected 60% increase in energy demand by 2040 due to rapid economic growth(2), Southeast Asia represents a market with opportunities for robust multi-billion investments. Strategically positioned in Southeast Asia, and having the strongest presence in automotive sector in the region, Thailand provides an ideal venue for the co-located events of Future Energy Asia and Future Mobility Asia 2022."On behalf of the Ministry of Energy of Thailand, we are pleased to inform you that we welcome the FEA 2022 to convene once again in Bangkok together with the FMA 2022. For this, we officially support both FEA 2022 and FMA 2022 events," said Mr Kulit Sombatsiri, Permanent Secretary, Thailand Ministry of Energy."It is a great pleasure for PTT to co-host Future Energy Asia Exhibition and Summit 2022. We are delighted to welcome the industry colleagues back to Bangkok this July 20-22 in person, to connect and explore business partnerships. Established as the platform meeting points for companies and professionals in the energy industry, Future Energy Asia will present ample opportunities for you to engage in meaningful dialogues, forge partnerships and contribute to the region's energy transition developments," said Auttapol Rerkpiboon, President & CEO, PTT.This unified platform, with product and solution showcases, impactful dialogues, and networking opportunities, supports the energy and mobility transitions towards a cleaner sustainable pathway. Future Energy Asia, as a leading energy transition exhibition and summit, gathers top-level stakeholders of gas, LNG, and renewables sectors whilst Future Mobility Asia represents a comprehensive showcase of clean transport mobility concepts, technologies, and innovations. More than 10,000 energy and mobility professionals from over 50 countries will convene at the event.Future Energy Asia and Future Mobility Asia are organised by dmg events, the organisers of Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) and Gastech, the world's largest, most important, and influential events for the oil and gas industry, convening Ministers and industry CEOs. Annually, dmg events attract more than 425,000 visitors to a portfolio of 84 exhibitions each year.Event Highlightsa. Joint opening ceremony officiated by Deputy Prime Minister & Minister of Energy, the Kingdom of Thailand, Petroleum Authority of Thailand (PTT) CEO and PTT Exploration and Production (PTTEP) CEO, with a focus on the drive and efforts towards clean energy and mobility in Thailandb. Memorandum of Understanding (MOU) ceremony by the Thailand CCUS Technology Development Consortiumc. Dedicated strategic summit, technical sessions and exhibition showcase based on the theme "Hydrogen at the heart of energy transformation"d. Country spotlight sessions which delve into Indonesia, Thailand, the Philippines and Vietnam, the most active markets representing multi-billion investment opportunitiese. Highly anticipated regional event convening senior policymakers and industry CEOs across energy and clean mobility industries including:- Auttapol Rerkpiboon, CEO, PTT- Tengku Muhammad Taufik, President and Group Chief Executive Officer, PETRONAS- Dr. Twarath Sutabutr, Chief Inspector General, Ministry of Energy Thailand- Montri Rawanchaikul, Chief Executive Officer, PTTEP- Chanin Khaochan, Deputy Secretary General, Thailand Board of Investment (BOI)- Ranee Kositvanich, Deputy Governor of Fuel Management, EGAT- Joseph McMonigle, Secretary General of International Energy Forum (IEF)- Ir. Mohd Yusrizal bin Mohd Yusof, Managing Director, TNB Renewables- Nguyen Phuong Mai, Deputy Chief of the Office, Electricity and Renewable Energy Authority, Ministry of Industry and Trade (MOIT)- Anatol Feygin, Executive Vice President and Chief Commercial Officer, Cheniere Energy- Joseph T. Buckler, Senior Vice President, Global Sales and Business Development, Babcock & Wilcox- Isabel Chatterton, Asia Pacific Regional Head of Industry, Infrastructure & Natural Resources, International Finance Corporation (IFC)- Worachat Luxkanalode, Executive Director, Grab Thailand and Country Head, Grab Financial Group- Richard Hong, CEO, TUV SUD ASEAN- Kaushik Burman, Head of Global Business Development, Gogoro- Craig Knight, CEO, Hyzon Motors- Alfred Wong, Managing Director - Asia Pacific, Ballard Power Systems- Julien Perez, Strategy & Policy Vice President, OGCI- Dr. Akarin Suwannarat, Special Assistant to CEO & EVP, Energy Absolute PCLExhibitionFuture Energy Asia will showcase global products, solutions and technologies from top players in four industry zones of "Hydrogen", "Gas, LNG and Carbon Capture as low carbon solutions", "Grid technologies and digitalisation" and "Renewables (solar, wind, energy storage)".In Future Mobility Asia, participants will get access to the clean mobility value chain including passenger and commercial vehicle original equipment manufacturers (OEM), aftermarket suppliers, battery, energy storage, charging infrastructure providers and enabling technology.Participating companies include PTT, PTTEP, Cheniere, Dassault Systemes, SEA Electric, Babcock & Wilcox, EVIomo, Baker Hughes, Hexagon, Schneider Electric, Nogaholding, Zeiss and more.Strategic Summits & Technical ConferencesThe Future Energy Asia and Future Mobility Asia conferences feature three days of multi-stream strategic commercial and technical content with over 200 speakers from across the integrated energy and mobility value chain.With the theme "Decarbonising ASEAN's Energy Transition and Transformation", Future Energy Asia will advance the ASEAN region towards a secure, affordable and low-carbon energy future, in line with the net zero mission.Concurrently, Future Mobility Asia propels ASEAN's mobility towards an electric, autonomous, connected and shared future, placing ASEAN at the centre stage of global clean mobility dialogues and thought leadership. Exclusive to this event, executive committees made up of experts and policy makers representing the gas, LNG, renewables, power and mobility sector value chain shapes a world-class Future Energy Asia and Future Mobility Asia summit programmes which are relevant, practical and meaningful for industry practitioners."In Thailand, the Ministry of Energy is driving towards achieving two key goals; net zero by 2065, and 30% electric vehicles by 2030. These two objectives are inextricably linked and require transformative investment-backed actions across the entire value chain of energy and mobility. Other countries in ASEAN are following a similar path. Future Energy Asia and Future Mobility Asia are uniquely created, driven by these policy insights and operate to deliver a clear goal of connecting key decision makers, investors, developers to public and private sector technology, innovation, and solution partners," said Mel Lanvers-Shah, Vice President Asia, dmg events.About Future Energy AsiaOfficially hosted by the Ministry of Energy Thailand and co-hosted by PTT, Future Energy Asia Exhibition and Summit is the region's most important event convening Energy Ministers and industry CEOs who shape and drive the region's energy transition pathways. Co-located with Future Mobility Asia, the 4th edition of Future Energy Asia presents an inclusive platform for over 4,000 energy professionals across the gas, LNG, renewables and power sectors. The event allows key energy stakeholders, buyers and value chain players to network, showcase innovations and realise business partnerships. For more information, please visit https://www.futureenergyasia.com.Please follow us on social media for the latest information: Facebook: https://www.facebook.com/FutureEnergyAsia/ Linkedin: https://www.linkedin.com/showcase/future-energy-asia/About Future Mobility AsiaFuture Mobility Asia is presented as an integrated global exhibition and conference for all stakeholders of mobility driving forward a clean and autonomous mobility transformation in Asia. The event features an extensive display of road mobility technologies and innovations, and aims to converge more than 6,000 trade professionals, global technology thought leaders, ASEAN ministers, and transport fleet owners. Future Mobility Asia is an event organised by dmg events. For more information, please visit https://www.future-mobility.asiaPlease follow us on social media for the latest information:Facebook: https://www.facebook.com/FutureMobilityAsia/ LinkedIn: https://www.linkedin.com/company/fma-2022 Twitter: https://twitter.com/mobility_asiaYouTube: https://www.youtube.com/channel/UCkoFQ9-Gu-gbK60UbaRWb_wAbout dmg eventsdmg events is a leading organiser of face-to-face events and a publisher of trade magazines. We aim to keep businesses informed and connect them with relevant communities to create vibrant marketplaces and to accelerate their business through face-to-face events. dmg events organises more than 80 events across 25 countries, attracting over 425,000 attendees and delegates every year. The company's portfolio of products includes many industry-leading events in the energy, construction, hospitality & design, coatings, and transportation sectors. ADIPEC, Gastech, and EGYPS are the company's flagship energy events. For more information visit www.dmgevents.com.(1) bit.ly/3IMORO7(2) pwc.to/3yI7GNMMedia; please contact:Ms. Srisuput Siangyen and Ms. Utsanee Ua-ariyasup Mind PR Co., Ltd.Tel: 081 694-7807, 094 895-9969Email: srisuput@mind-pr.com, utsanee@mind-pr.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Hitachi Energy wins order to connect one of the world’s largest offshore wind farms to the UK power grid JCN Newswire

Hitachi Energy wins order to connect one of the world’s largest offshore wind farms to the UK power grid

July 15, 2022
ZURICH, SWITZERLAND, Jul 15, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy, the global technology and market leader in power grids, today announced it has won a major order from Ørsted, the world-leading renewable energy company, to provide two high-voltage direct current (HVDC) systems to transmit green electricity from the Hornsea 3 wind farm, located more than 120 km off the UK east coast.The Hornsea Two offshore windfarmThe wind farm will have the capacity to generate up to 2.85 gigawatts of renewable electricity, enough to power more than three million UK homes. With more than 200 wind turbines installed across almost 700 square kilometers(1), this will be the single largest offshore wind farm in the world. This project is a significant step towards the British Energy Security Strategy ambition of sourcing up to 50 gigawatts of offshore wind capacity by 2030.(2)Hitachi Energy has supported Ørsted with the grid connection of Hornsea 1(3) and Hornsea 2(4), but Hornsea 3 will be the first phase to use HVDC application in the Hornsea cluster.The overall HVDC system, including the offshore platform, is delivered in partnership with Aibel*5. Hitachi Energy will supply two HVDC Light converter systems, while Aibel will deliver two HVDC offshore converter platforms. The platform is based on Hitachi Energy's modular HVDC system including its advanced control and protection system, MACH. As the HVDC offshore market grows and becomes more complex, Hitachi Energy will continue to develop solutions with its customers and partners to enable a more flexible offshore grid of the future."Offshore wind is a critical part of the clean energy transition and our HVDC technology is vital for effective transmission to the mainland power grid," said Niklas Persson, Managing Director of Hitachi Energy's Grid Integration business. "To address the rapidly growing offshore market, partnerships and collaboration are key to deliver at the speed and scale required to reach our decarbonization and energy security goals.""The Ørsted vision is a world that runs entirely on green energy and the Hornsea projects are a significant step towards this goal in the UK," said Patrick Harnett, Vice President Programme UK at Ørsted. "Together with Hitachi Energy, we are demonstrating that renewables like offshore wind are a huge part of the world's sustainability journey. Hornsea 3 will not just provide low cost, clean energy for millions of homes in the UK, it will also deliver thousands of high quality jobs and billions of pounds of investment in the offshore wind supply chain in the UK and beyond."Hitachi Energy is supplying four HVDC converter stations, which convert AC power to DC for transmission in the subsea cables, then reconvert it to AC for integration into the onshore grid. Two of the converter stations will be installed on offshore platforms and two at mainland grid connections.(1) About Hornsea 3(2) British Energy Security Strategy (BESS) - offshore wind(3) Hornsea One Press Release(4) Hornsea Two Press Release(5) Aibel partnership Press ReleaseFor more information, visit www.hitachi.com/New/cnews/month/2022/07/220715.pdf. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Interactive Energy Storage Online Workshop is Back by Popular Demand ACN Newswire

Interactive Energy Storage Online Workshop is Back by Popular Demand

July 15, 2022
Singapore, Jul 15, 2022 - (ACN Newswire via SEAPRWire.com) - Infocus International Group has announced the new dates for Energy Storage online workshop which will commence live on 4th October and 12nd December 2022. Energy storage differs from other energy technologies in the breadth and complexity of its addressable market and revenue opportunities. This training course provides a comprehensive, business-focused analysis of these opportunities, allowing attendees to analyse, understand and segment them. While naturally focusing on battery storage, this course also covers the variety of competing storage technologies and describes the wide variety of problems energy storage seeks to solve, at a wide range of deployment sizes and timescales, including key issues around practical project delivery.This course is ideal for those from the investment community and professionals who are working within the power sector in a commercial or business development role. It provides an independent perspective on the competing options, the economic environment in which storage projects operate, and the operational and revenue risks which are important to them.The 4-days training programme provides a clear understanding of why and where storage markets are growing, what could limit this growth and what the future trends will be. So, if attendees are thinking of investing in or developing an energy storage business case, it provides attendees essential grounding in the core issues.Past attendee from Tuas Power Generation shared that, "The course has been informative, very practical and covers a wide range of energy storage technology. It is a good introduction to ESS.""An excellent course. I will without a doubt recommend it to anyone interested in the interplay between energy storage systems, electricity networks and energy markets, policies, procurement and regulations. Trainer's knowledge and group interaction makes the course not only highly informative, but also engaging and fun as we learn how to successfully transition to more environmentally sustainable energy systems," said the past attendee from Department of Energy.Gain a business-focused assessment of energy storage opportunities, competing solutions and project delivery essentials by signing up at www.infocusinternational.com/energystorage-online. Course Sessions1. Battery storage2. Utility-scale applications for power system optimisation3. Decentralization (energy storage at the network edge)4. Long-duration and alternative storage solutionsBenefits of Attending- Gain a clear understanding of energy storage market opportunities & deployment considerations- A core focus on batteries, including clear explanations of the technologies and performance considerations (in language accessible to non-technical people)- Discuss the key project delivery issues for battery storage projects- Review up-to-date examples from around the world and the lessons from them- Understand the competitive playing field and the economic variables that impact energy storage business cases- Stay ahead of trends and emerging solutions, including growth opportunities for longer-duration storage solutionsWant to learn more?Simply email emilia@infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of the event brochure. For more information, please visit www.infocusinternational.com/energystorage-onlineAbout Infocus International GroupInfocus International is a global business intelligence provider of strategic information and professional services for diverse business communities.Infocus International recognises clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights.Emilia MokTel: +65 6325 0210 Email: emilia@infocusevent.comWebsite: www.infocusinternational.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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AIBP: How Technology Contributes to Economical Gaps in Southeast Asia ACN Newswire

AIBP: How Technology Contributes to Economical Gaps in Southeast Asia

July 13, 2022
Singapore, Jul 13, 2022 - (ACN Newswire via SEAPRWire.com) - Nearly half of ASEAN based respondents perceived legacy IT infrastructure and systems to be a challenge to digital transformation (DX) and innovation projects within their own company, according to a survey conducted by AIBP in 2021. The survey counted 206 professionals in the public services sector across the largest economies in Southeast Asia: Indonesia, Malaysia, Thailand, Philippines & Vietnam. The same survey showed that 60.6% of respondents believe that business intelligence software is the DX solution that brings the largest benefits to their organisation. Sustainability has also been a growing focus in ASEAN, illustrated by the sustainable mobility and energy targets of ASEAN. The Phnom Penh Declaration on Sustainable Urban Mobility is the first Declaration on sustainable transport issued by the ASEAN Transport Ministers focusing on urban and metropolitan regional mobility. The ASEAN Plan of Action for Energy Cooperation demonstrates the region's commitment to achieving the targets on renewable energy share 23% in total primary energy supply, as well as the 35% share in installed power capacity by 2025. The need for education is underlined as well from a 2021 AIBP survey, where the lack of talent and expertise was ranked as the most significant impediment to digital transformation in ASEAN. In advancing these public interests, tech-powered innovation has and will continue to be key.Tech-powered innovation has continued to be key in advancing public interests such as mobility, sustainable energy and education.Taiwanese Companies Contributing to ASEAN Societies Mobility:With transport mobility being integral to driving economic and social growth, importance is placed on developing innovations in this area and several companies have stepped up to take the lead. PLANET Technology Corporation has solved key issues pervading public transport networks with their Industrial LoRaWAN Wireless Gateway solution. It facilitates data transmission over long-range distances at low power consumption across urban and rural areas, and supports real-time data collection, enabling vehicle detection and location tracking. This contributed to smart parking solutions and allowed commuters to easily check bus timings, improving the overall public transport system. Up-and-coming alternative mobility solutions are getting increased attention as well. Advancements made in vehicle electrification have contributed to the lowering cost of electric vehicles (EV). Coupled with an increasing focus on sustainability in ASEAN, EV adoption and the development of an EV ecosystem are growing. Zealio is one of the key players in the EV interior space. Guided by a user-centric approach, Zealio sought to develop EV components that are easy to install, have zero-interference with other vehicle electronics, are energy efficient and recyclable. Sustainable Energy:Environmental concerns are increasing in ASEAN. Stakeholders in the energy industry are seeking to pivot to a green energy approach and Advantech is at the forefront of this change. Advantech has observed that power plant and grid owners are most concerned about data accuracy, operational efficiency and asset management. To address these needs, the company has developed a smart energy management solution that includes pre-built related analytics. In helping Singapore's National Water Agency (PUB) with the monitoring and tracking of their Floating Solar PV System, Advantech partnered with Mirai Electronics to build an IoT framework that gathers critical equipment and environmental data that is sent to the cloud, various dashboard views including green parameters to facilitate data analytics and visualisation, and a system that enables proactive monitoring and response to tough environmental conditions. Need for Skill Development through Tech-Enabled Education:A 2021 survey conducted by AIBP showed that 39.4% of public services stakeholders believe people are the principal challenge to becoming data driven. As technology continues to play a key role in innovation efforts, workforce skill levels need to keep up and education is integral to nurturing that talent. Enterprises have recognised this need and are providing tech-enhanced solutions to complement traditional educational methods. In pursuit of closing the gap, one successful project was delivered by CYP's Pro AV solutions. CYP integrated their AV solutions together with learning tools such as document cameras, interactive white boards and audio visual devices providing a solution for Vietnam National University, Hanoi (VNU)'s remote learning programmes. This has enabled the concept of smart classroom, which aims to deliver high-quality classes during distance learning and video conferencing, and let teachers engage both in-class and remote students. Another technology provider, IPEVO, has also demonstrated strong commitment to provide real-time image capture document cameras to DIGI@Education, driving student engagement in a hybrid setting. On top of education, IPEVO is able to support corporate trainings, legal and healthcare sectors.About AIBPAIBP serves as an avenue for public and private organisations in Southeast Asia to access and exchange information about growth and innovation within the B2B space. With a current network of over 30,000 stakeholders in Southeast Asia, AIBP continues to develop ecosystems by engaging in activities which create value-adding information for our stakeholders seeking to make transformative impacts within their organisations. For additional information about AIBP, please visit https://iotbusiness-platform.com/.About Taiwan Excellence AwardsAdvantech, Cypress, IPEVO, PLANET, and Zealio were recently recognized by the Taiwan Excellence Awards. These awards have been established by the country's Ministry of Economic Affairs since 1993 to celebrate how technological innovation helps people live more rewarding lives. Each year, the Taiwan Excellence Awards select the most innovative products in Taiwan across four major categories: R&D, design, quality, and marketing. As well as recognizing domestic achievement, the awards serve as a benchmark for innovation and excellence in international markets. Please visit https://www.taiwanexcellence.org/en for more information. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Hitachi Energy supplies world-breaking OceaniQ subsea transformers to OneSubsea for its subsea multiphase compression system JCN Newswire

Hitachi Energy supplies world-breaking OceaniQ subsea transformers to OneSubsea for its subsea multiphase compression system

July 11, 2022
ZURICH, SWITZERLAND, Jul 11, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy has today started testing on the world's most powerful 24 MVA subsea transformer, which will be supplied to OneSubsea, the subsea technologies, production, and processing systems business of Schlumberger.The tests will involve submerging the 55 tonne subsea transformer into the harbor basin to monitor its thermal behavior and pressure compensation system, as well as ensure its reliability in subsea conditions.The transformers form part of a large contract awarded to Hitachi Energy for the supply of two subsea OceaniQTM transformers, two input transformers, two step-up transformers, and a common step-down distribution transformer. Once tested the subsea transformers will be submerged off the Norwegian coast in waters to a depth of about 850 m and will power the OneSubsea multiphase compression system for the Shell Ormen Lange field in the Norwegian Sea.Hitachi Energy has collaborated closely with ABB on the project. ABB is supplying its INSUBSEA Long Step-out solution to deliver power to the OneSubsea compressors and have overall system responsibility for the power scope of the project that includes delivering drives for seabed compressors that sit away from topside infrastructure.The OneSubsea compression system will be powered and controlled from the Nyhamna onshore gas processing plant, which is 120 km from the subsea location. This power stepout distance sets a world record for transmitting variable frequency power from an onshore facility to equipment on the seabed. The system will lower backpressure on the reservoir, helping increase recovery and extend the life of the field."We are delighted to be collaborating with ABB and OneSubsea on this important project," said Bruno Melles, Head of the Transformer Business at Hitachi Energy. "A subsea transformer is an advanced technology due to its ability to operate in waters at a depth of up to 3,000 m and in extremely demanding conditions, including high pressure, corrosion, subzero temperatures, and strong underwater currents. Hitachi Energy's OceaniQ subsea transformer technology is also ideally suited for the connection of floating offshore wind farms to the grid. This feature is another example of our company's ability to develop state-of-the-art power systems that meet the highest quality standards.""Hitachi Energy is a key partner for ABB on this ground-breaking subsea project. Together our long offshore industry experience and power distribution expertise make for an unbeatable solution. We are proud to be contributing to life extension and boosting efficiency at Ormen Lange," said Gunnar Lie, Head of Operations, Subsea and New Energy, Energy Industries at ABB Norway.Sustainable power from shoreOrmen Lange Phase 3 is a fully subsea-to-shore processing system fed by hydroelectric power from the Norwegian grid. Ormen Lange Phase 3 is one of the lowest carbon-intensive and most energy-efficient recovery improvement projects in the industry.Hitachi Energy is the pioneer and the world's leading manufacturer of subsea transformers. The development of the technology started in Finland already in the 1980s and the first subsea transformer was commissioned in 2000. In total, the company has supplied more than 40 subsea transformers. Earlier the world's most powerful subsea transformers have been a 20 MVA transformer for a pilot project at the Nyhamna gas field in Norway and two 19 MVA subsea transformers that are in production at the Asgard field in Norway.The Ormen Lange deep-water project off the Norwegian coast will produce natural gas from deep in the Norwegian Sea and bring it onshore to a refinery in Nyhamna. The plant supplies around 20% of the UK's total gas consumption.Hitachi Energy will deliver the subsea transformers by the end of 2022.Notes to editors:The subsea transformers are part of Hitachi Energy's OceaniQTM, a ruggedized, proven portfolio that addresses the unique challenges of the offshore energy environment.About Hitachi Energy Ltd.Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD. https://www.hitachienergy.comhttps://www.linkedin.com/company/hitachienergy https://twitter.com/HitachiEnergyAbout Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company's consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.About ABBABB (ABBN: SIX Swiss Ex) is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation, and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB's success is driven by about 105,000 talented employees in over 100 countries. www.abb.comAbout SchlumbergerSchlumberger (SLB: NYSE) is a technology company that partners with customers to access energy. Our people, representing over 160 nationalities, are providing leading digital solutions and deploying innovative technologies to enable performance and sustainability for the global energy industry. With expertise in more than 120 countries, we collaborate to create technology that unlocks access to energy for the benefit of all. Find out more at www.slb.com. OneSubsea is a mark of Schlumberger. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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How Technology Contributes to Economical Gaps in Southeast Asia ACN Newswire

How Technology Contributes to Economical Gaps in Southeast Asia

July 4, 2022
Singapore, Jul 4, 2022 - (ACN Newswire via SEAPRWire.com) - cThe survey counted 206 professionals in the public services sector across the largest economies in Southeast Asia: Indonesia, Malaysia, Thailand, Philippines & Vietnam. The same survey showed that 60.6% of respondents believe that business intelligence software is the DX solution that brings the largest benefits to their organisation. Sustainability has also been a growing focus in ASEAN, illustrated by the sustainable mobility and energy targets of ASEAN. The Phnom Penh Declaration on Sustainable Urban Mobility is the first Declaration on sustainable transport issued by the ASEAN Transport Ministers focusing on urban and metropolitan regional mobility. The ASEAN Plan of Action for Energy Cooperation demonstrates the region's commitment to achieving the targets on renewable energy share 23% in total primary energy supply, as well as the 35% share in installed power capacity by 2025. The need for education is underlined as well from a 2021 AIBP survey, where the lack of talent and expertise was ranked as the most significant impediment to digital transformation in ASEAN. In advancing these public interests, tech-powered innovation has and will continue to be key.Tech-powered innovation has continued to be key in advancing public interests such as mobility, sustainable energy and education.Taiwanese Companies Contributing to ASEAN Societies Mobility:With transport mobility being integral to driving economic and social growth, importance is placed on developing innovations in this area and several companies have stepped up to take the lead. PLANET Technology Corporation has solved key issues pervading public transport networks with their Industrial LoRaWAN Wireless Gateway solution. It facilitates data transmission over long-range distances at low power consumption across urban and rural areas, and supports real-time data collection, enabling vehicle detection and location tracking. This contributed to smart parking solutions and allowed commuters to easily check bus timings, improving the overall public transport system. Up-and-coming alternative mobility solutions are getting increased attention as well. Advancements made in vehicle electrification have contributed to the lowering cost of electric vehicles (EV). Coupled with an increasing focus on sustainability in ASEAN, EV adoption and the development of an EV ecosystem are growing. Zealio is one of the key players in the EV interior space. Guided by a user-centric approach, Zealio sought to develop EV components that are easy to install, have zero-interference with other vehicle electronics, are energy efficient and recyclable. Sustainable Energy:Environmental concerns are increasing in ASEAN. Stakeholders in the energy industry are seeking to pivot to a green energy approach and Advantech is at the forefront of this change. Advantech has observed that power plant and grid owners are most concerned about data accuracy, operational efficiency and asset management. To address these needs, the company has developed a smart energy management solution that includes pre-built related analytics. In helping Singapore's National Water Agency (PUB) with the monitoring and tracking of their Floating Solar PV System, Advantech partnered with Mirai Electronics to build an IoT framework that gathers critical equipment and environmental data that is sent to the cloud, various dashboard views including green parameters to facilitate data analytics and visualisation, and a system that enables proactive monitoring and response to tough environmental conditions. Need for Skill Development through Tech-Enabled Education:A 2021 survey conducted by AIBP showed that 39.4% of public services stakeholders believe people are the principal challenge to becoming data driven. As technology continues to play a key role in innovation efforts, workforce skill levels need to keep up and education is integral to nurturing that talent. Enterprises have recognised this need and are providing tech-enhanced solutions to complement traditional educational methods. In pursuit of closing the gap, one successful project was delivered by CYP's Pro AV solutions. CYP integrated their AV solutions together with learning tools such as document cameras, interactive white boards and audio visual devices providing a solution for Vietnam National University, Hanoi (VNU)'s remote learning programmes. This has enabled the concept of smart classroom, which aims to deliver high-quality classes during distance learning and video conferencing, and let teachers engage both in-class and remote students. Another technology provider, IPEVO, has also demonstrated strong commitment to provide real-time image capture document cameras to DIGI@Education, driving student engagement in a hybrid setting. On top of education, IPEVO is able to support corporate trainings, legal and healthcare sectors.About AIBPAIBP serves as an avenue for public and private organisations in Southeast Asia to access and exchange information about growth and innovation within the B2B space. With a current network of over 30,000 stakeholders in Southeast Asia, AIBP continues to develop ecosystems by engaging in activities which create value-adding information for our stakeholders seeking to make transformative impacts within their organisations. For additional information about AIBP, please visit https://iotbusiness-platform.com/.About Taiwan Excellence AwardsAdvantech, Cypress, IPEVO, PLANET, and Zealio were recently recognized by the Taiwan Excellence Awards. These awards have been established by the country's Ministry of Economic Affairs since 1993 to celebrate how technological innovation helps people live more rewarding lives. Each year, the Taiwan Excellence Awards select the most innovative products in Taiwan across four major categories: R&D, design, quality, and marketing. As well as recognizing domestic achievement, the awards serve as a benchmark for innovation and excellence in international markets. Please visit https://www.taiwanexcellence.org/en for more information. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Indonesia recommends Energy Transition Policies at B20 ESC Meeting ACN Newswire

Indonesia recommends Energy Transition Policies at B20 ESC Meeting

July 1, 2022
JAKARTA, Jul 1, 2022 - (ACN Newswire via SEAPRWire.com) - The B20 Energy, Sustainability, and Climate (ESC) Task Force has drafted recommendations and policy actions on global energy transition during the 5th call meeting that was held virtually on June 21, 2022.Deputy Chair of the Energy, Sustainability and Climate Task Force Agung Wicaksono speaks at the B20 Side Event: Energy, Sustainability & Climate Task Force, held virtually on Tuesday, June 21 (ANTARA/HO-PT Pertamina)According to the Task Force's deputy chair, Agung Wicaksono, the recommendations and policies have been intensively discussed by the members for the last five months, and the drafts mark the end of the journey of the planning process."It is truly an honor and privilege for me to convene the last Task Force Call Meeting today, and especially for all members who have been present to share their thoughts and bright ideas and dedicate themselves to the goal solutions of co-financing the global energy sustainability and climate change issues," Wicaksono said in a statement released Wednesday.On the same day during a side event held in Rome, Italy, Wicaksono also said that the Task Force had worked closely in advancing global cooperation, which is an important element in drafting policy recommendations."I believe our Task Force is one of the most anticipated and enthusiastic in this B20 event because up to this date, we have received more than hundreds comments and inputs from all of us. It is not an easy task to incorporate all valuable perspectives and ideas into the policy drafts," he added.The fifth draft is the result of a meticulous decision to accommodate, integrate, and simplify ideas so that they can be attainable."Furthermore, after the last meeting, we have also included the KPIs and SDGs monitoring, as well as the final policy drafts. However, we would like to inform you that this fifth draft cannot be altered substantially," Wicaksono said.Meanwhile, the Policy Manager of the B20 ESC Task Force Indonesia, Oki Muraza, announced the last three policy recommendations, the first is to increase the global cooperation in accelerating the sustainable energy transition by reducing the intensity of carbon energy use through various channels."The main highlights in this recommendation are promoting energy efficiency, creating coal-fired power plants in gradual stages, reducing emissions from sectors that are difficult to reduce, facilitating financing to developing countries, and innovating climate technology," Muraza said.The second recommendation is to increase global cooperation to ensure a just, orderly, and affordable transition to sustainable energy use in all developed and developing countries."(Through) running an orderly transition in primary energy sources, involving the participation of MSMEs in the energy transition, preparing for the transition of the workforce, and implementing sustainable mining practices," he said.Lastly, the third recommendation is to increase global cooperation to extend the access to consumers and their ability to utilize clean modern energy."We must develop integrated energy solutions so that the access to clean energy can be reached to the level of household and MSME, as well as carrying out a broad energy transition," Muraza said.The all three policy recommendations mentioned will be brought further to the B20-G20 Dialogue in July, and later be included the policy formulation at the G20 Indonesia Presidency 2022.Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)M: +62 858 8330 8686, Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.comWritten by: Yashinta Difa Pramudyani, Editor: Fardah Assegaf (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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