Gotion High-Tech intends to invest in a production base in Europe with an annual production capacity of 18GWh

June 29, 2022
- The Gottingen base of Gotion High-Tech Co Ltd. ("Gotion High-tech") is expected to reach the goal of annual production capacity of 6GWh and 12GWh in two phases respectively, thereby enabling the production of Gotion's battery in Europe. - GenDome, the first portable energy storage brand for overseas markets, was launched at the Gottingen base, and it is intended to be produced locally in Gottingen. HONG KONG, June 28, 2022 - (ACN Newswire) - On 27 June, Gotion High-Tech held the 5th New Energy Economic Forum and the Opening Ceremony of Gotion Germany at its Gottingen base. It is noted that the Gottingen base, as the first battery production and business operation base of Gotion in Europe, is expected to start the transformation by the end of this year. Chairman Li Zhen said that Gotion perfectly combined China's advanced battery technology with Germany's advanced process engineering, thereby enabling the production of Gotion's battery in Europe . At the ceremony, Gotion High-Tech also released GenDome, its first portable energy storage product for overseas markets and Gendock 3000, its first portable mobile energy storage product at the same time. Wu Ken, the Ambassador Extraordinary and Plenipotentiary of China to Germany, Stephan Weil, Premier of lower Saxony, Germany, Liu Hui, Member of the Standing Committee of the Anhui Provincial Party Committee and Executive Vice-Governor of Anhui Province, Petra Broistedt, Mayor of Gottingen, Luo Yunfeng, Mayor of Hefei Municipal People's Government, and Li Zhen, Chairman of Gotion High-Tech, participated in and witnessed the ceremony. Gottingen base with annual production capacity of 6GWh in the first phase is expected to start transformation by the end of this year It is noted that the Gottingen base covers a site area of approximately 174,000 sq.m., and has an existing gross floor area of approximately 40,000 sq.m.. According to the plan, the project will be constructed in two phases, namely the brownfield plant and the greenfield plant, with an annual production target of 6GWh and 12GWh, respectively. The first phase of the brownfield plant transformation is expected to be officially launched by the end of 2022, and the first production line with an annual capacity of 3.5GWh will be officially put into operation in September 2023. It is expected that the annual production capacity target of 18GWh will be achieved after the brownfield and greenfield plants of the base are fully put into operation. Dr. Ahmet Toptas, Head of Gottingen Factory of Gotion Germany, introduced that: the Gottingen base will be product-oriented with the ultimate goal of achieving carbon neutrality, as well as will build a local product research and development team in Europe. Combined with the development and technology orientation of the new energy market in Europe, the base will research and develop new energy battery products that cater to the local European market, and carry out the production of bus batteries, automotive batteries, energy storage batteries, mobile charging and other series of products. In the future, it intends to cover customers in sectors of energy storage, commercial vehicles and passenger vehicles. "With the advanced lithium iron phosphate battery cell technology of Gotion High-Tech, together with experienced German employees, strict quality control and high quality requirements of Europe, we intend to cover customers in sectors of energy storage, commercial vehicles and passenger vehicles in the future, so as to meet the demand of the new energy market in Europe and help Gotion High-Tech accelerate the expansion of overseas markets." The first portable energy storage product for overseas markets will be manufactured locally in Gottingen After releasing the semi-solid battery and the first smart mobile energy storage charging pile in May, Gotion High-Tech continuously launched more new battery products. At the opening ceremony, the Gottingen base released GenDome, the first portable energy storage product for overseas markets, and Gendock 3000, the first large-capacity portable mobile energy storage product, which can convert solar energy and wind energy into electricity; it not only helps customers manage the use of household energy and meet the daily needs of household and outdoor users, but also meets 99% of customers' power needs, and effectively reduces energy bills. The household energy storage product includes three different models, which are developed and manufactured by the international business team of Gotion High-Tech. In the future, it will mainly target the European market. In the later stage, the product will be manufactured locally at the Gottingen base. On the day of the opening ceremony, the 5th New Energy Economic Forum jointly organized by Gotion High-Tech, Committee of 100, Technical University of Braunschweig, Gottingen mbH ("GWG"), Die Chinesische Handelskammer in Deutschland ("CHKD") and the School of Automobile of Tongji University was successfully held at the Gottingen base. The forum focused on topics such as China-Europe economic relations, energy revolution, low-carbon transition and new energy market, and attracted senior executives of many famous enterprises in the new energy industry, university professors, scholars and relevant economic and political officers attended the forum. Li Zhen, Chairman of Gotion High-Tech said: "With Chinese technology and German process engineering, we achieve the production of Gotion's battery in Europe" Li Chen, President of International Business of Gotion High-Tech, introduced in the closing speech that Gotion High-Tech is a global company that provides energy solutions for suppliers, customers and other partners at home and abroad. "We not only focus on the development and promotion of new energy battery products, but also strive to develop ToC business at the same time." According to Li Chen, since May 2022, Gotion high-tech has successively released its first self-developed E-Plus smart mobile energy storage charging pile for ordinary consumers and Gendome portable energy storage product for the overseas market. In 2025, Gotion High-Tech's global production capacity is planned to reach 300GWh, of which overseas production capacity is planned to be 100GWh. Li Zhen, Chairman of Gotion High-Tech, said in his speech that today we have started the application research and development and product manufacturing of Gotion Battery in Germany and Europe. The Gottingen base of Gotion will gradually transform from the production of automotive parts in previous years to the manufacturing of battery application products, which is a difficult but promising process. In this process, we must protect the existing corporate culture, proactively participate in the development of Gottingen, and accelerate the pace of product transformation. "We will combine China's advanced battery technology with Germany's advanced process engineering to create more excellent products and contribute to society, so as to promote the progress and development of the new energy industry."
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Argentine President Fernandez meets with Gotion High-tech chairman Li Zhen

June 28, 2022
HONG KONG, Jun 28, 2022 - (ACN Newswire via SEAPRWire.com) - On the afternoon of June 24, Argentine Time, Argentine President Alberto Fernandez met with Li Zhen, chairman of Gotion High-tech, and his delegation at the presidential residence in Olivos, he explicitly supported Chinese investment in Argentina, and praised Gotion High-tech's multiple industrial investments will promote the development of Argentina's new energy industry. The two sides also had friendly exchanges on the "Targets of Carbon Peak and Carbon Neutralization" strategy, the new energy vehicle industry, the Sustainable Transportation Act and the joint venture between Gotion High-tech and Corven, a well-known American auto parts manufacturer, to establish electric bus batteries and other topics.Alberto Fernandez:The friendship between China and Argentina goes back to ancient times. I attended the Beijing Winter Olympics this year and witnessed the unique Chinese winter Olympics moment. Not long ago, I also participated in the online communication of the BRICS Summit. China's "One Belt, One Road" strategy and "Targets of Carbon Peak and Carbon Neutralization" strategy have encouraged many Chinese enterprises to invest in Argentina, undertake photovoltaic power stations, hydropower DAMS and other new energy projects, and continue to promote them, it also brings opportunities for Argentina's development. The world is already shifting to renewable energy. Argentina has made incentives for lithium, wind power, photovoltaic and other industries. The Development of Sustainable Transport Act, introduced last year, it aims to promote investment in electric vehicles, promote the electrification of transport and provide legal protection for investors in new energy.We welcome Chinese investment in Argentina. Gotion High-tech's industrial investment activities in Argentina, cover the development, processing and battery products of lithium resources, which accelerates the development of local lithium resources and it will help the development and progress of Argentina's new energy industry.Li Zhen:Since the establishment of diplomatic ties between China and Argentina, leaders of the two countries have actively supported complementary advantages and economic cooperation between enterprises, especially the "Belt and Road" initiative. It provides strategic guidance, points out the direction and lays the foundation for inter-enterprise cooperation.The third energy revolution with solar and wind power as the main body has come. To make full use of it, we must have energy storage technology. Gotion High-tech has been focusing on energy storage for 16 years. We plan to reach 300GWh battery production capacity in the world by 2025, which makes enterprises' demand for lithium resources more vigorous.Argentina is the third-largest economy in Latin America, with a harmonious social system and orderly development of resources, it provides a good external environment for enterprises to invest in. We have partnered with Jujuy National Energy and Mining Company and we will work with Corven in Buenos Aires to develop downstream applications. In the next 100 years, new energy vehicles will certainly be a new engine for the world economy. Gotion is willing to work with visionary people in Argentina to jointly create a new era in the energy industry.Daniel Scioli, Argentina's minister of Production and Development, Ariel Schale, The industry minister, and President Fernandez were accompanied by Cecilia Todesca, Minister of International Economic Relations, and Fernanda Avila, Minister of Mines, and communicated with the Gotion High-tech team on the development of the lithium industry. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Gotion High-Tech intends to invest in a production base in Europe with an annual production capacity of 18GWh

June 28, 2022
HONG KONG, Jun 28, 2022 - (ACN Newswire via SEAPRWire.com) - On 27 June, Gotion High-Tech held the 5th New Energy Economic Forum and the Opening Ceremony of Gotion Germany at its Gottingen base. It is noted that the Gottingen base, as the first battery production and business operation base of Gotion in Europe, is expected to start the transformation by the end of this year. Chairman Li Zhen said that Gotion perfectly combined China's advanced battery technology with Germany's advanced process engineering, thereby enabling the production of Gotion's battery in Europe . At the ceremony, Gotion High-Tech also released GenDome, its first portable energy storage product for overseas markets and Gendock 3000, its first portable mobile energy storage product at the same time. Wu Ken, the Ambassador Extraordinary and Plenipotentiary of China to Germany, Stephan Weil, Premier of lower Saxony, Germany, Liu Hui, Member of the Standing Committee of the Anhui Provincial Party Committee and Executive Vice-Governor of Anhui Province, Petra Broistedt, Mayor of Gottingen, Luo Yunfeng, Mayor of Hefei Municipal People's Government, and Li Zhen, Chairman of Gotion High-Tech, participated in and witnessed the ceremony. Gottingen base with annual production capacity of 6GWh in the first phase is expected to start transformation by the end of this yearIt is noted that the Gottingen base covers a site area of approximately 174,000 sq.m., and has an existing gross floor area of approximately 40,000 sq.m.. According to the plan, the project will be constructed in two phases, namely the brownfield plant and the greenfield plant, with an annual production target of 6GWh and 12GWh, respectively. The first phase of the brownfield plant transformation is expected to be officially launched by the end of 2022, and the first production line with an annual capacity of 3.5GWh will be officially put into operation in September 2023. It is expected that the annual production capacity target of 18GWh will be achieved after the brownfield and greenfield plants of the base are fully put into operation. Dr. Ahmet Toptas, Head of Gottingen Factory of Gotion Germany, introduced that: the Gottingen base will be product-oriented with the ultimate goal of achieving carbon neutrality, as well as will build a local product research and development team in Europe. Combined with the development and technology orientation of the new energy market in Europe, the base will research and develop new energy battery products that cater to the local European market, and carry out the production of bus batteries, automotive batteries, energy storage batteries, mobile charging and other series of products. In the future, it intends to cover customers in sectors of energy storage, commercial vehicles and passenger vehicles. "With the advanced lithium iron phosphate battery cell technology of Gotion High-Tech, together with experienced German employees, strict quality control and high quality requirements of Europe, we intend to cover customers in sectors of energy storage, commercial vehicles and passenger vehicles in the future, so as to meet the demand of the new energy market in Europe and help Gotion High-Tech accelerate the expansion of overseas markets."The first portable energy storage product for overseas markets will be manufactured locally in GottingenAfter releasing the semi-solid battery and the first smart mobile energy storage charging pile in May, Gotion High-Tech continuously launched more new battery products. At the opening ceremony, the Gottingen base released GenDome, the first portable energy storage product for overseas markets, and Gendock 3000, the first large-capacity portable mobile energy storage product, which can convert solar energy and wind energy into electricity; it not only helps customers manage the use of household energy and meet the daily needs of household and outdoor users, but also meets 99% of customers' power needs, and effectively reduces energy bills. The household energy storage product includes three different models, which are developed and manufactured by the international business team of Gotion High-Tech. In the future, it will mainly target the European market. In the later stage, the product will be manufactured locally at the Gottingen base. On the day of the opening ceremony, the 5th New Energy Economic Forum jointly organized by Gotion High-Tech, Committee of 100, Technical University of Braunschweig, Gottingen mbH ("GWG"), Die Chinesische Handelskammer in Deutschland ("CHKD") and the School of Automobile of Tongji University was successfully held at the Gottingen base. The forum focused on topics such as China-Europe economic relations, energy revolution, low-carbon transition and new energy market, and attracted senior executives of many famous enterprises in the new energy industry, university professors, scholars and relevant economic and political officers attended the forum.Li Zhen, Chairman of Gotion High-Tech said: "With Chinese technology and German process engineering, we achieve the production of Gotion's battery in Europe"Li Chen, President of International Business of Gotion High-Tech, introduced in the closing speech that Gotion High-Tech is a global company that provides energy solutions for suppliers, customers and other partners at home and abroad. "We not only focus on the development and promotion of new energy battery products, but also strive to develop ToC business at the same time." According to Li Chen, since May 2022, Gotion high-tech has successively released its first self-developed E-Plus smart mobile energy storage charging pile for ordinary consumers and Gendome portable energy storage product for the overseas market. In 2025, Gotion High-Tech's global production capacity is planned to reach 300GWh, of which overseas production capacity is planned to be 100GWh. Li Zhen, Chairman of Gotion High-Tech, said in his speech that today we have started the application research and development and product manufacturing of Gotion Battery in Germany and Europe. The Gottingen base of Gotion will gradually transform from the production of automotive parts in previous years to the manufacturing of battery application products, which is a difficult but promising process. In this process, we must protect the existing corporate culture, proactively participate in the development of Gottingen, and accelerate the pace of product transformation. "We will combine China's advanced battery technology with Germany's advanced process engineering to create more excellent products and contribute to society, so as to promote the progress and development of the new energy industry." Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Argentine President Fernandez meet with Gotion High-tech chairman Li Zhen

June 28, 2022
HONG KONG, Jun 28, 2022 - (ACN Newswire via SEAPRWire.com) - On the afternoon of June 24, Argentine Time, Argentine President Alberto Fernandez met with Li Zhen, chairman of Gotion High-tech, and his delegation at the presidential residence in Olivos, he explicitly supported Chinese investment in Argentina, and praised Gotion High-tech's multiple industrial investments will promote the development of Argentina's new energy industry. The two sides also had friendly exchanges on the "Targets of Carbon Peak and Carbon Neutralization" strategy, the new energy vehicle industry, the Sustainable Transportation Act and the joint venture between Gotion High-tech and Corven, a well-known American auto parts manufacturer, to establish electric bus batteries and other topics.Alberto Fernandez:The friendship between China and Argentina goes back to ancient times. I attended the Beijing Winter Olympics this year and witnessed the unique Chinese winter Olympics moment. Not long ago, I also participated in the online communication of the BRICS Summit. China's "One Belt, One Road" strategy and "Targets of Carbon Peak and Carbon Neutralization" strategy have encouraged many Chinese enterprises to invest in Argentina, undertake photovoltaic power stations, hydropower DAMS and other new energy projects, and continue to promote them, it also brings opportunities for Argentina's development. The world is already shifting to renewable energy. Argentina has made incentives for lithium, wind power, photovoltaic and other industries. The Development of Sustainable Transport Act, introduced last year, it aims to promote investment in electric vehicles, promote the electrification of transport and provide legal protection for investors in new energy.We welcome Chinese investment in Argentina. Gotion High-tech's industrial investment activities in Argentina, cover the development, processing and battery products of lithium resources, which accelerates the development of local lithium resources and it will help the development and progress of Argentina's new energy industry.Li Zhen:Since the establishment of diplomatic ties between China and Argentina, leaders of the two countries have actively supported complementary advantages and economic cooperation between enterprises, especially the "Belt and Road" initiative. It provides strategic guidance, points out the direction and lays the foundation for inter-enterprise cooperation.The third energy revolution with solar and wind power as the main body has come. To make full use of it, we must have energy storage technology. Gotion High-tech has been focusing on energy storage for 16 years. We plan to reach 300GWh battery production capacity in the world by 2025, which makes enterprises' demand for lithium resources more vigorous.Argentina is the third-largest economy in Latin America, with a harmonious social system and orderly development of resources, it provides a good external environment for enterprises to invest in. We have partnered with Jujuy National Energy and Mining Company and we will work with Corven in Buenos Aires to develop downstream applications. In the next 100 years, new energy vehicles will certainly be a new engine for the world economy. Gotion is willing to work with visionary people in Argentina to jointly create a new era in the energy industry.Daniel Scioli, Argentina's minister of Production and Development, Ariel Schale, The industry minister, and President Fernandez were accompanied by Cecilia Todesca, Minister of International Economic Relations, and Fernanda Avila, Minister of Mines, and communicated with the Gotion High-tech team on the development of the lithium industry. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Murata and Mitsubishi Agree on a Cooperative Framework for Working Toward a Carbon-Neutral Society JCN Newswire

Murata and Mitsubishi Agree on a Cooperative Framework for Working Toward a Carbon-Neutral Society

June 24, 2022
TOKYO, Jun 24, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Corporation and Murata Manufacturing Co., Ltd. have agreed on a cooperative framework for working toward a carbon-neutral society.Virtual PPA Overview This framework is being developed with the aim of achieving carbon neutrality at the global level, while introducing renewable energy at the company level to achieve a sustainable society. On the road to decarbonization, it is important to combine initiatives achievable in the short term (such as constructing more renewable energy generation facilities) with more long-term goals (such as developing technologies that utilize hydrogen), to maintain a continuous, stable supply of renewable energy from diverse energy sources. To this end, companies with strengths in different areas must work together to pave the way for the next generation of energy: promoting efforts toward practical adoption, starting with real-world testing. Cooperation details (four areas)- Procurement of electricity from renewable energy sources by Murata- Production and use of hydrogen at Murata's plants in Japan- Working together with local communities via the creation of autonomous, decentralized communities- Regulating power through the use of storage batteries Through this cooperation, Murata Manufacturing Group has agreed to procure 70,000 kW of power derived from renewable energy sources from Mitsubishi by 2025, another step toward our goal of using 100% renewable energy by 2050, and the specific details are currently being finalized. We will continue our discussions with Mitsubishi, with the aim of expanding the amount procured to 300 million kWh in the future. This cooperation is being concluded on the premise that the power is procured under the virtual power purchase agreement (virtual PPA) scheme that has just started in Japan. We will also continue to update our medium- and long-term initiatives based on the shared areas of concern in this cooperation. Norio Nakajima, president of Murata Manufacturing, had this to say about the cooperative framework:"Every company in the Murata Manufacturing Group is doing its part to promote the introduction of renewable energy, but many of the things that will be critical in the future are difficult to do alone, from a technical standpoint. Mitsubishi has a track record of bringing renewable energy to a large number of locations both in Japan and worldwide as part of its drive to tackle social issues, and it owns many businesses aimed at putting different types of energy into practical use. By combining the know-how of Murata and Mitsubishi, we hope to contribute to the realization of a sustainable society, and development of society in general." Mitsubishi President Katsuya Nakanishi commented:"I am very pleased that we have been able to reach an agreement on a comprehensive framework of cooperation with Murata, which is already working on low-carbon/decarbonization initiatives to meet the RE100 targets. In May 2022, we announced our "Midterm Corporate Strategy 2024 - Creating MC Shared Value," which promotes energy transformation (EX), digital transformation (DX), and a growth strategy of future creation (regional development/new industry generation) through the unified promotion of EX and DX. Through this comprehensive cooperation, Mitsubishi and Murata will work jointly to create value at scale and contribute to low-carbon/decarbonization and regional development in Japan." Cooperation detailsProcurement of electricity from renewable energy sourcesAs part of our quest to convert all electricity consumed in the Murata Manufacturing Group's business activities into renewable energy to meet the goals of the RE100 global environmental initiative, we will procure renewable energy from a new solar power generation facility operated by Mitsubishi.Both companies have agreed that the scale of the solar power generation facility and amount procured will be approximately 70,000 kW by 2025, and are currently in the process of finalizing the terms of the procurement agreement. Together, we also aim to expand the amount of renewable energy procured to around 300 million kWh in the future.In this agreement, the power derived from renewable energy sources supplied by Mitsubishi to Murata will be done through a method called virtual PPA, in which non-FIT non-fossil fuel energy certificates are traded directly between renewable energy providers and consumers. Furthermore, the power generation facilities involved in this cooperation will all be newly built, creating renewable energy provision with additionality that will contribute to domestic carbon neutrality targets. Trial production and use of hydrogenWe will begin trialing the production and use of hydrogen at Murata's plants in Japan, using an electrolyzer. By utilizing carbon-free electricity in the electrolysis process and using the resulting hydrogen, we hope to reduce the greenhouse gas emissions that come from manufacturing.In the future, we also hope to supply hydrogen to the local communities where Murata's domestic plants are located, with the aim of promoting decarbonization in the region. Regional development with local communitiesWe aim to realize Murata's pledge to "solve social issues in all our corporate activities and contribute to society through our business activities" and Mitsubishi's "regional development through the unified promotion of EX and DX."In regions where Murata's domestic plants are located, we contribute to solving regional social and industrial issues together with local authorities along the theme of creating attractive, autonomous, and decentralized towns. Regulating power through the use of storage batteriesIn anticipation of entering the power supply and demand regulation market through our cooperation with Mitsubishi, which has a proven track record in this sector, we will jointly trial regulating the power supply through the use of storage batteries installed at Murata plants.By combining the proprietary power control technology used at Murata's production plants with Mitsubishi's knowledge of the electric power industry, we will strive to help resolve grid instability that may occur as the use of renewable energy increases.Inquiry RecipientMitsubishi CorporationTelephone:+81-3-3210-2171 Facsimile:+81-3-5252-7705 Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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B20 task force highlights recommendations to support net zero-carbon ACN Newswire

B20 task force highlights recommendations to support net zero-carbon

June 24, 2022
JAKARTA, Jun 23, 2022 - (ACN Newswire via SEAPRWire.com) - The B20 Energy, Sustainability & Climate Task Force, led by state-owned oil giant Pertamina Group, put forth three recommendations to support realization of the target of net-zero carbon emissions.The B20 Energy, Sustainability & Climate (ESC) Task Force held entitled the third Task Force Call Meeting on Thursday, April 19 (ANTARA/HO-Pertamina)"Climate change sustainability is something that we must strive for in the future. For this reason, the B20 Energy, Sustainability, and Climate Task Force has compiled policy recommendations that focus on three recommendations, with 12 policy actions that call for global cooperation," Deputy Chair of B20 Energy, Sustainability, and Climate Task Force Agung Wicaksono said in a statement obtained here on Thursday.He delivered the statement during the hybrid dialogue forum of Energy Transition in Growth Markets on Tuesday (June 21).This forum is one of the events conducted by the Task Force Energy, Sustainability & Climate (ESC) and the Task Force Future of Work and Education in collaboration with the Accenture International Utilities and Energy Conference held on June 21-23, 2022, in Rome, Italy.Themed "Maximizing the Value of the Energy Transition in Growth Markets and Paving the Way to B20," this forum discusses the future of the energy industry in an era that prioritizes sustainability and low emissions for a green future and a more sustainable planet.The three policy recommendations include accelerating the transition to sustainable energy use by reducing carbon intensity in different ways. The second is ensuring a just, orderly, and affordable transition to sustainable energy use. The third recommendation pertains to increasing energy security, so that consumers can access and consume clean and modern energy."We are working hard to ensure there is an alignment between the performance targets set by the Italian B20 last year and our performance targets this year, so there will be a continuity," Wicaksono stated.To ensure a fair, orderly, and affordable transition to sustainable energy use, Wicaksono stated that the pricing in developing countries should be taken into consideration. Thus, it is necessary to formulate ways to integrate the benefits of carbon pricing into the energy transition pricing."With the energy transition, we must also think about the security and availability aspects of world energy. At the same time, we must also ensure that everyone has access to clean and modern energy," he emphasized.The managing director of Jababeka Infrastructure stated that the potential of decarbonization towards net-zero emission also comes from industrial areas. Furthermore, he invited companies in the B20 to conduct global collaborations that will result in business actions, as the provision of renewable energy for industrial companies with a large demand can contribute to achieving the energy transition target, he affirmed.Wicaksono also accentuated the importance of energy transition and the important role of the B20 Energy, Sustainability, and Climate Task Force in achieving energy transition priorities, especially to achieve net-zero emissions.On the same occasion, Chairman of the Indonesian Chamber of Commerce and Industry Arsjad Rasjid stated that currently, the main players in the energy and utility areas are facing challenges.Collaboration becomes increasing important for achieving significant reductions in carbon emissions and a progressive transition from carbon-generating energy to environmentally friendly, greener, and sustainable energy, Rasjid stated."The transition to greener energy does not mean stopping profits for the company. The company's move towards clean energy will create added value for brands and consumers to become more confident and have a positive outlook," he remarked.Head of Indonesia's B20 Organizer, Shinta Kamdani, stated that energy transition should provide benefits and not create burden. Kamdani pressed for making meticulous preparations for the energy transition, including conducting mitigation of the costs and impacts."This energy transition certainly requires substantial financial support. The G20 countries, which contribute 80 percent of the world's economy, are expected to provide this support for the transition process. Several main priorities must be put forward in this energy transition, such as accessibility, technology, and funding," Kamdani stated.The event was moderated by Gianfranco Casati and Valentin de Miguel from Accenture that are the Co-Chair and Deputy Co-Chair of the B20 Energy, Sustainability, and Climate Task Force.The forum also presented other keynote speakers: the Chair B20 Future of Work & Education Task Force/President Director of Astra Otoparts/Director of PT Astra International Tbk, Hamdhani D. Salim; Co-Chair B20 Future of Work & Education Task Force/IOE Vice President to The ILO, Renate Hornung Draus; WEF Head of Energy, Materials and Infrastructure, Kristen Panerali; and ENI Evolution CEO, Giuseppe Ricci.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: Azis Kurmala, Editor: Sri Haryati (c) ANTARA 2022 Copyright 2022 ACN Newswire. 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CT Event Asia to host The 2nd Annual Clean Power & New Energy 2022 ACN Newswire

CT Event Asia to host The 2nd Annual Clean Power & New Energy 2022

June 21, 2022
KUALA LUMPUR, June 21, 2022 - (ACN Newswire via SEAPRWire.com) - This year, CT Event Asia is all set to bring you the 2nd Annual Clean Power & New Energy 2022, themed "Shaping the Future of Energy in Asia". Happening at the Mandarin Oriental Hotel on 20th-21st July 2022, this conference is the most efficient and targeted event for utility scale renewable companies. Bringing these industries together will create more value for participants by enhancing opportunities to network, broadening the scope of education and providing access to an exclusive audience.Incorporating all renewable technologies will be more convenient and cost-effective for multi-tech businesses as well as companies specializing in wind, utility solar, artificial intelligence in the Energy sector, Green hydrogen energy, Bioenergy, Internet of energy and Engineering in renewable who will benefit from an efficient business development forum that attracts decision makers from large-scale developers, corporate buyers and utilities.Attracting 500+ senior representatives from across the leading utility leaders, Government bodies, Renewable Energy companies, Engineering Procurement, Construction and Management, Economists, Financiers, Power Generation and Investors to discover how the Economic, Financial and Political framework for Energy is evolving, and to assess the implications of growing renewable deployment for the future shape of the Energy Industry. Here is our speaker list!Join us now to get more insights from industry leaders on the future of Energy in Asia and meet our Sponsors and Partners as well with all of this to explore, our 2nd Annual Clean Power and New Energy 2022 is set out to be bigger than ever! Here's our list of Sponsors and Partners.The 2nd Annual Clean Power & New Energy 2022 website has full details about the program. Interested parties can visit the website here or request for the event brochure here.To get in touch with our team for enquires relating to this event, feel free to reach out to:CamaraPartnership DirectorCT Event Asia+60 16 283 2660 | +03 2710 7756camara@cteventasia.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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BayWa r.e. Expands and Strengthens Renewable Energy Business with Wind Projects Representative Office Opening in Lang Son Province in Vietnam ACN Newswire

BayWa r.e. Expands and Strengthens Renewable Energy Business with Wind Projects Representative Office Opening in Lang Son Province in Vietnam

June 21, 2022
HO CHI MINH CITY, VIETNAM, Jun 21, 2022 - (ACN Newswire via SEAPRWire.com) - Global renewable energy developer, service provider and distributor, BayWa r.e., today announced the opening of its Wind Projects Representative office in Lang Son Province, Vietnam. The opening of the Wind Projects Representative office will strengthen BayWa r.e.'s position as a key renewable energy developer in Vietnam and enable the company to provide a wider range of wind energy services in the country.Mr. Brian Barry (Head of Wind Asia, BayWa r.e.), Mr. Nguyen Dinh Dai (Director of DOIT), Mr. Daniel Gaefke (APAC Director, BayWa r.e.), Mr. Daniel Emunds (German Embassy representative, Economic Affairs and Development Cooperation)Loi Dang Van (Wind Project Developer, BayWa r.e.), Mr. Brian Barry (Head of Wind Asia, BayWa r.e.), Mr. Daniel Gaefke (APAC Director, BayWa r.e.), Stephanie Tan (Project Manager, Wind Project Development, BayWa r.e.), Nam Le (Senior Wind Project Developer, BayWa r.e.)The opening ceremony of the office was officiated by local government officials, which included leaders of the province's People Committee, relevant departments of Industry and Commerce, Planning and Investment, Natural Resources & Environment, Agriculture and Rural Development, Transportations and local districts and German Embassy representative Mr. Daniel Emunds, Economic Affairs and Development Cooperation as well as local partners and contractors. The new representative office is expected to promote positive socio-economic developments and impact for the local community.Mr. Brian Barry, Head of Wind Asia, BayWa r.e. said "We are excited to see the exponential growth of BayWa r.e. in Vietnam and look forward to working closely with provincial and country stakeholders. We hope that through our investments into Vietnam and especially the Lang Son province at present, we will be able to bring more value to our stakeholders and communities living in the area. This is a step closer for us to work towards achieving Vietnam's strategy for sustainable and clean energy development and to facilitate the country's ambition of becoming net-zero by 2050."Mr. Pham Hung Truong, Chief of Office of the People's Committee of Lang Son shared: "We welcome BayWa r.e. opening its Representative Office in Lang Son. It is hoped that the Representative Office will be an effective bridge between the company and local government agencies, promoting the successful implementation of investment and construction of wind power projects of BayWa r.e. in Lang Son, contributing to the socio-economic development of the province. We acknowledge the valuable support of BayWa r.e. to the two primary schools of Khuoi Lay and Suoi Long recently; at the same time, we believe that in the coming time, your company will continue accompanying the local government to strengthen forms of support to local communities in the spirit of "Harmonious benefits, sharing risks!".BayWa r.e. first established its presence in Vietnam in 2020, with its head office located at Ho Chi Minh City. BayWa r.e. launched new services to its 'on-the-ground' operation in Vietnam, opening a solar distribution warehouse and new office facilities in Ho Chi Minh City to bring direct local access to solar PV, inverters, and much more renewable energy solutions. Since then, the company has been an active renewable energy partner in the Corporate & Industrial segment in Vietnam, developing Solar and Wind Projects, and providing Solar Distribution services.In addition, BayWa r.e.'s development team also has a 400MW pipeline of wind energy projects across sites in north Vietnam and is developing 150MW solar projects in the south of the country. In Lang Son province, BayWa r.e. is planning to develop 240MW of wind energy projects to leverage Vietnam's wind capacity.Added Mr. Barry, "Our office opening is a key milestone and the culmination of 2 years of development and investment in Lang Son. But this is just the beginning of our commitment and partnership with Lang Son as we prepare for the implementation of our wind projects. With our Lang Son office now established we will grow our Lang Son team to scale up our activities in preparation for our investment decision and the construction of the provinces first wind projects.""Having an office located where we are operational will enable more efficient work processes and allow direct access for stakeholders to communicate with BayWa r.e. This will also facilitate future development of wind projects in this province. Our on-site employees will also be able to effectively monitor current and future wind energy projects, which will ensure the longevity of the developments."BayWa r.e. recently announced the successful completion and handover of new sanitary facilities for Khuoi Lay Elementary School and Suoi Long Elementary School in Lang Son Province. This is part of BayWa r.e.'s long standing commitment to helping local communities, and also reaffirms the company's continued dedication to drive sustainable growth for the people of Lang Son province.BayWa r.e. AG (BayWa r.e.)At BayWa r.e. we r.e.think energy - how it is produced, stored and can be best used to enable the global renewable energy transition that is essential to the future of our planet.We are a leading global developer, service supplier, distributor and solutions provider and have brought over 4.5GW of energy online and manage over 10GW of assets. We are also an Independent Power Producer with an expanding energy trading business.BayWa r.e. works with businesses worldwide to provide tailored renewable solutions. Operating 100% carbon neutral, we are also committed to our own sustainability journey.Every day, we are working hard to actively shape the future of energy in a diverse, equitable and inclusive workplace.Our shareholders are BayWa AG, a EUR19.8 billion global business, and Energy Infrastructure Partners, a leader in energy infrastructure investment. Visit https://www.baywa-re.com/en/.Contact information:PRecious Communications for BayWa r.e. AGFoo En JingTel: +65 6303 0567E-mail: baywa-re@preciouscomms.com BayWa r.e. AGSalim PathanMarketing Manager, APACTel: +66 62 698 7162Email: salim.pathan@baywa-re.comMark CooperCorporate CommunicationsTel: +49 89 383932 3611E-mail: mark.cooper@baywa-re.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Legend Capital Increases Carbon Neutrality Investments: Portfolio Company Talent New Energy Completes A++ Financing Round with Several Hundred Million RMB ACN Newswire

Legend Capital Increases Carbon Neutrality Investments: Portfolio Company Talent New Energy Completes A++ Financing Round with Several Hundred Million RMB

June 16, 2022
HONG KONG, Jun 16, 2022 - (ACN Newswire via SEAPRWire.com) - Legend Capital's portfolio company Talent New Energy, a new Chinese powerhouse in the solid-state battery industry, recently announced the completion of its Series A++ financing round with several hundred million RMB. Legend Capital initially invested in Talent New Energy by joining the Pre-A financing round and continued to support the company's development by following up this Series A++ financing round.With the improved battery technology and continuous high oil prices, the penetration rate of new energy vehicles is rising. The penetration rate of new energy vehicles in China reached 25.3% in April, and according to the industry forecasts, it will increase to 35% by the end of the year. Under the global background of carbon peaking and carbon neutrality, the wind power, photovoltaic and energy storage industry are also ushering in a golden era, gradually replacing the traditional fossil energy. With the technical advantages of high safety and high specific energy, it is widely believed in the industry that solid-state batteries will become the next trillion-level super track and the ultimate solution for battery technology.Technology innovation is the core path to support the realization of carbon neutrality. With the acceleration of vehicle electrification, applications such as energy storage have opened up a new trillion-level market. Legend Capital actively explores suitable investment opportunities in more advanced lithium battery technologies. As a brand-new technology solution, new energy solid-state batteries have been deeply explored by many giants and startups in China and around the world. With nearly 20 years of international and domestic solid-state battery R&D technology accumulation, the Talent New Energy team has determined the oxide technology route and the gradual development path from mixed solid-liquid to all-solid-state lithium battery since the establishment of the company in 2018.Legend Capital stated: "under the leadership of the founder Dr. GAO Xiang, the Talent New Energy team has been conducting R&D with the goal of industrialization, not only achieving a comprehensive breakthrough in product performance but also making Talent New Energy the leading semi-solid-state battery company in the market in terms of mass production capability. After the completion of the first investment in Talent New Energy last year, Legend Capital has continued to support the company's development by investing in each subsequent round of Talent New Energy's financing, helping the company become a leader in the solid-state battery industry in various aspects such as capital and industrial resources." It is reported that Talent New Energy's first semi-solid-state power battery production line in Chongqing will be put into production in October this year. Talent New Energy said that after this round of financing, the company would accelerate the integration of technological resources to set up an advanced energy materials research institute and a new energy technology industrialization joint R&D center in Beijing. The company is accelerating the mass production and commercialization of semi-solid-state lithium batteries and striving to launch the all-solid-state lithium-ion battery at the end of this year, providing advanced and reliable energy solutions to the new energy vehicle industry and electrochemical energy storage industry and providing "energy blocks" for the construction of new infrastructure for high-efficiency cross-space-time energy storage in the future human society. Under the goals of carbon peaking and carbon neutrality, Legend Capital's investments focus on energy system decarbonization, vehicle electrification/intelligence and synthetic biology. Energy decarbonization includes photovoltaics, wind power, smart grids; vehicle electrification/intelligence includes lithium battery vehicles, hydrogen fuel cell vehicles, battery recycling and others.Legend Capital has long been optimistic about the electrification, intelligence, and automation of new energy vehicles. It has invested in numerous enterprises in automation equipment, lithium batteries and material in the past 10 years, many of which were went public successfully, such as Wuxi Lead Intelligent (300450.SZ), CNGR Advanced Material (300919.SZ), Putailai New Energy (603659.SH), Hymson Laser (688559.SH), Colibri Technologies (002957.SZ). Legend Capital is also one of the early investors of CATL (300750.SZ). Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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