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Global Business NewsGlobal Business News

目前Global Business News文章數, 共 21934 篇 ,以下為 169 - 192 篇 訂閱此列表,掌握最新動態
Caladan Announces Options and Structured Products Desk

SINGAPORE - Media OutReach Newswire - 2 October 2024 - Leading digital asset trading group Caladan is proud to announce the opening of its over-the-counter crypto options desk to offer crypto structured products for institutional and accredited investors. Caladan Announces Options and Structured Products Desk Strategic Expansion Into Structured Products Caladan’s decision to expand into structured products is a natural expansion of how it partners with crypto token projects, and as a leading crypto trading firm, it is highly synergistic with its existing venture capital investing and market-making activities. “For years, we’ve supported crypto startups at their very earliest stages as a venture capital investor, and also at token listing with our crypto market-making capabilities across CEFI and DEFI”, said John Gu, CEO of the Caladan Group, “Now, we are expanding further across the token project lifecycle by providing treasury solutions for token foundations and key investors that will enable them to protect and leverage their investments.” Remi Colinmaire Appointed as Head of Options Trading Caladan has appointed Remi Colinmaire as its Head of Options Trading. Colinmaire, who is based out of the Caladan Group’s Singapore office, brings over twenty years of experience in options and volatility trading to the role. He began his career as an options market-maker at BNP Paribas, and has previously been a Managing Director at Goldman Sachs and a Portfolio Manager at AlphaDyne Asset Management specialising in index volatility trading. “I am delighted to join Caladan to build out the crypto structured products and options business”, said Colinmaire. "Despite being a nascent market, digital assets options are poised to grow tremendously from here as more institutions and sophisticated investors are looking for capital efficient financing solutions.," he added. Options Products Available on Long Tail Tokens As an alt-coin specialist, Caladan will be offering a range of derivative solutions on a large number of different tokens, including crypto hedging solutions, treasury solutions, and various crypto yield products as well. These crypto structured products will allow token foundations and institutional investors to generate yield on and hedge the risk of their holdings, including through crypto OTC options for large transactions. “Token foundations and institutional investors often don’t want to sell their holdings as they believe in the project for the long run”, said Will Leung, Caladan’s Head of Business Development. “Instead, we are seeing increased demand from the most savvy foundations and investors for solutions to be able to monetize their holdings, combining a crypto market making strategy with hedging to protect capital. More information on hedging and protection strategies may be found on the Caladan website. Caladan Group’s structured products solutions will only be available to institutions and accredited investors subject to strict customer due diligence. These products are not offered to retail investors or the general public in Singapore. Hashtag: #CaladanGroup #CryptoOptions #CryptoStructuredProducts #OTCTrading #Caladanhttps://caladan.xyz/https://www.linkedin.com/company/caladanxyzhttps://x.com/caladanxyzhttps://www.youtube.com/@caladanxyzThe issuer is solely responsible for the content of this announcement.About CaladanCaladan makes digital asset markets more efficient and fair. We support exchanges, tokens, and institutional investors with on-exchange liquidity, DeFi expertise, treasury solutions, and investments. Since 2017 we've been a pioneer in crypto market-making, powering over $50B in annual transactions across 1000+ assets.

文章來源 : Media OutReach Limited 發表時間 : 瀏覽次數 : 282 加入收藏 :
The Future of Aerotropolis: Innovations and Strategies Shaping the Aviation Industry

HONG KONG, Oct. 2, 2024 /PRNewswire/ -- As the aviation industry continues to evolve, the concept of the aerotropolis—a metropolitan subregion where the layout, infrastructure, and economy are centred around an airport—has gained significant traction. The aerotropolis model, initially developed in the West, is now rapidly emerging in Asia. Major airports like Hong Kong International Airport (HKIA), Incheon International Airport, and Delhi Aerotropolis are leading the way. These hubs are not just transportation centers but are evolving into economic powerhouses that drive regional development. This editorial explores the emerging trends and strategies that are shaping the future of aerotropolises, particularly in Asia, and highlights 5 key themes from the upcoming Super Terminal Expo (STE) Conference 2024. 1. Terminal Passenger Experience & Innovation The integration of advanced technologies is revolutionising airport operations, enhancing both efficiency and passenger experience. Biometrics and artificial intelligence (AI) are streamlining security processes and personalising services, ensuring a seamless journey for all travellers. Digital identities and wallets are transforming the travel experience by providing secure, convenient access to travel credentials, enabling personalised flight shopping, contactless check-in, and biometric boarding.That said, it's essential to strike a balance between technological innovation and human interaction. While robots and holograms can provide valuable assistance, they cannot replace the empathy and understanding that human staff offer. Airports must ensure that technology complements rather than replaces human interaction, catering to the diverse needs and preferences of passengers. At the STE Conference 2024, expect sessions like Passenger Experience at Airports, with panellists from Amadeus and Malaysia Airports, to go into discussion about passenger-centric approaches, enhancing the passenger experience through innovative technologies, seamless travel processes, and personalised services. 2. Terminal Security & Facilitation Aviation security remains a top priority, with evolving threats such as cyber-attacks and the potential use of hazardous materials. The integration of biometric facial recognition and AI into security protocols offers enhanced efficiency and safety. However, these technologies also raise important questions about privacy and the balance between security and civil liberties. The conference will explore how airports can implement robust security measures without compromising passenger rights. The Safe Skies, Seamless Journeys: Harmonising Safety Standards & Airport Systems session at the STE Conference 2024 will dissect intricate challenges around cybersecurity threats and border security procedures. Experts from Nuctech and Arup will provide insights into innovative strategies, best practices, and emerging technologies that can enhance safety and security in passenger terminals. 3. Future Terminals & Sustainability The design and development of future airport terminals are undergoing a transformation, with a strong focus on sustainability. Airports are increasingly adopting green finance initiatives and exploring the use of electric aircraft to reduce their environmental footprint. Strategies for decarbonising existing airports and building new terminals that adhere to stringent environmental standards will be discussed at the conference. Environmental stewardship is becoming a cornerstone of airport operations, with energy-efficient designs and renewable energy sources being incorporated into infrastructure. Expect to sit in sessions about sustainable airports and decarbonising strategies and technology for airports and hear experts from Collins Aerospace discuss ways to reach zero carbon by 2023 during the STE Conference 2024. 4. Intermodal Excellence Maintaining robust intermodal infrastructures that facilitate seamless connectivity for passengers and cargo is crucial. This involves creating interconnected hubs of mobility that integrate various modes of transport, ensuring efficient and smooth transitions. The development of comprehensive transport networks that link air, rail, road, and maritime transport is essential for supporting the aerotropolis model. The Intermodal Innovators: Pioneering Excellence in Logistics and Infrastructure session at the STE Conference 2024 will delve into the complex landscape of creating interconnected hubs of mobility for passengers and cargo. Experts from McKinsey and Cathay Cargo Terminals will share insights into intermodal operations. 5. Advanced Air Mobility The emphasis is shifting towards advanced air mobility solutions to enhance connectivity. The development of vertiports and the integration of eVTOL aircraft into airport operations will be crucial. The conference will feature discussions on urban air mobility with leading eVTOL suppliers and sky terminal suppliers, highlighting the future of this innovative transportation mode. Look at for the exclusive AAM forum where discussions on urban air mobility with the leading eVTOL suppliers including eHang, AutoFlight and Aerofugia and sky terminal suppliers, such as Skyports will happen.Furture of Aerotropolises: Balancing Growth, Sustainability and Passenger Experience The future of aerotropolises is shaped by a combination of technological innovation, sustainability, and a commitment to enhancing the passenger experience. As airports evolve into economic hubs, they must balance the demands of growth with the need for environmental responsibility and operational efficiency. The STE conference 2024 provides a platform for industry leaders to share insights and strategies that will drive the next wave of innovation in airport design and operations. By embracing these trends and addressing the challenges ahead, the aviation industry can create a more connected, sustainable, and passenger-centric future. The aerotropolis model, with its focus on integrating transportation, technology, and economic development, offers a blueprint for the airports of tomorrow. CALLING FOR AIRPORTS TO BECOME SUPER TERMINAL EXPO'S HOSTED BUYERS Be part of our hosted buyer program and get access to 100+ expert speakers across 80+ content sessions as they tackle key industry issues, share groundbreaking ideas, and unveil the latest innovations, FOR FREE! Plus: Access to networking events including the STE-GALA dinner on November 5, and a hosted event at the Happy Valley Racecourse on November 6. Take part in an "Airports Showcase", where airports can opt to do a short presentation or have a display on-site to showcase their airport, at no costs at all. Possible travel and accommodation sponsorship packages and more! Find out more about our tailored sponsorship program and apply to become our hosted buyer today: https://www.superterminalexpo.com/hosted-buyer-program/ About Super Terminal Expo:  Super Terminal Expo is Asia's pioneering design, construction and operations event showcasing the next wave of innovation in passenger and cargo terminal, bringing together experts and decision-makers to shape the future of terminals.   Organised by Informa Markets, the world's largest event organiser, Super Terminal Expo has strategically chosen aviation as the focal point for its inaugural year as we recognise the unparalleled opportunities present within Asia's aviation sector.    Super Terminal Expo is supported by Airport Authority Hong Kong, Aviation Week Network, and CAPA - Centre for Aviation, Hong Kong International Aviation Academy and International Cooperation and Service Center, CAAC.   Spanning 20,000 sqm at AsiaWorld-Expo, Super Terminal Expo is set to be a hub of innovation with over 300 exhibitor brands. The event also includes a conference programme, featuring 80+ forums led by industry experts, targeting vital trends and ideas around transport and freight hubs.  The event will be co-located with the CAPA Airline Leader Summit Asia & Sustainability Award, a two-day summit focusing on aviation sustainability, and the CTC Corporate Travel Summit, hosted by Corporate Travel Community (CTC).  For more information, please visit www.superterminalexpo.com.  About Informa Markets:  Informa Markets, the world's largest event organiser, creates platforms for industries and specialist markets to trade, innovate and grow. We provide marketplace participants around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, targeted digital services and actionable data solutions. We connect buyers and sellers across more than a dozen global verticals. This includes the world's largest jewellery fair and Asia's largest beauty expo, both held annually in Hong Kong. As the world's leading market-making company, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit www.informamarkets.com.  Media Contact: Cheryl Heng cheryl.heng@informa.com 

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 99 加入收藏 :
CNN's 'Next Stop' visits Mongolia where digitalization is modernizing its traditional nomadic way of life

HONG KONG, Oct. 2, 2024 /PRNewswire/ -- Known as one of the world's last nomadic states, a quarter of Mongolia's population still lives a pastoral life in the country's magnificent mountains, steppes, and desert regions. In this episode, 'Next Stop' explores the innovative ways the next generation of Mongolians is using technology to enhance their ancient way of life and thrive in the nation's vast landscapes and harsh weather conditions. Held every mid-July, a 2000-year-old-plus tradition is one of the highlights of the Mongolian calendar, attracting thousands of Mongolians and tourists alike. The Nadaam festival, Mongolia's largest annual festival, is a nationwide celebration of nomadic sports, including horse racing, wrestling and archery, and culture, showcasing an array of traditional costumes, food, music, and dance. Among the participants competing at this year's event, CNN speaks with Tsetseg Dondognyam, a 75-year-old retired physician and archery champion. From the biggest event in the country to arguably the biggest sporting event in the world, Mongolia stole the show at this year's Olympic Games in Paris with its stylish national uniforms. An instant online hit, their design acknowledges Mongolia's heritage by referencing the nine white banners of Naadam, which symbolizes unity, while also incorporating the colors of the national flag. CNN visits Michel&Amazonka, the family-run slow fashion business responsible for this sartorial sensation. Another aspect of traditional nomadic life is being revolutionized by ONDO Space, Mongolia's first satellite startup. CNN joins them on their first trial of real-time livestock tracking that will allow nomadic herders, in areas without network coverage, to track their free-roaming livestock in any weather conditions, eventually freeing up their time for other essential day-to-day activities and also potentially saving lives. Finally, meet Buyanaa and Yuk, real-life digital nomads gaining millions of views worldwide on social media as the Mongolian Nomad Family. Through the widespread adoption of modern technology in the country, people around the world are able to see how Mongolian nomads live, allowing this young couple, who moved back to the countryside from the capital, to generate income through their online businesses in addition to raising livestock. Next Stop (Mongolia) trailer: https://bit.ly/3zKHdUnNext Stop (Mongolia) images: http://bit.ly/4eNJgWs Airtimes for 30-minute special:Saturday, 5th October at 1:30pm HKTSunday, 6th October at 7am HKTMonday, 7th October at 11am HKT About CNN International  CNN's portfolio of news and information services is available in seven different languages across all major TV, digital and mobile platforms, reaching more than 475 million households around the globe. CNN International is the number one international TV news channel according to all major media surveys across Europe, the Middle East and Africa, the Asia Pacific region, and Latin America and has a US presence that includes CNNgo. CNN Digital is a leading network for online news, mobile news and social media. CNN is at the forefront of digital innovation and continues to invest heavily in expanding its digital global footprint, with a suite of award-winning digital properties and a range of strategic content partnerships, commercialised through a strong data-driven understanding of audience behaviours. CNN has won multiple prestigious awards around the world for its journalism. Around 1,000 hours of long-form series, documentaries and specials are produced every year by CNNI's non-news programming division. CNN has 36 editorial offices and more than 1,100 affiliates worldwide through CNN Newsource. CNN International is a Warner Bros. Discovery company.

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 80 加入收藏 :
Biban24 Forum: Region's leading SME Forum Brings Innovative Startups and Entrepreneurs from Around the World Together to Collaborate and Shed light on the Startup ecosystem

RIYADH, Saudi Arabia, Oct. 2, 2024 /PRNewswire/ -- Biban24 Forum, the Kingdom's flagship startup, entrepreneurship, and SME, is set to bring together the world's most innovative investors, business minds, and leaders to network, collaborate, and pioneer solutions to pressing business challenges. Returning to the Riyadh Front Exhibition & Conference Center from November 5th to 9th, 2024, this year's forum will build on the success of Biban 23, welcoming over 250 speakers and more than 120,000 attendees from the Kingdom and beyond. Organized by Monsha'at, the Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia, the theme of Biban24 Forum is Global Destination for Opportunities, underscoring the forum's focus on advancing the growth and development of the Saudi entrepreneurial ecosystem for local and international entrepreneurs. Scheduled to host 420 workshops, the forum will create an affirming and enabling environment for more than 120,000 attendees to collaborate and share insights and ideas. Fostering innovation and truly impactful partnership working, the forum will also offer participants access to more than 150 enablement entities from the private and government sectors. Crucially, the gathering will invite participants to explore 9 key doors with a view to accomplishing their goals and priming themselves for long-term success by networking and exchanging ideas and insights. Sami Ibrahim Alhussaini, Governor, Small and Medium Enterprises General Authority, Monsha'at: "With Saudi Arabia continuing to serve as a gateway to a rich range of possibilities in a diversity of markets, Biban24 Forum provides investors from the region and around the world a timely platform to explore new and emerging opportunities with the potential to boost their business prospects significantly. Fostering an enabling environment conducive to collaboration, the meaningful exchange of ideas, and innovation, the conference is set to bring even more budding and established entrepreneurs, startup founders, and leaders together to bolster the regional and global SMEs ecosystem, creating a more prosperous future for all." Biban24 Forum arrives at a time when the Kingdom continues to make significant strides towards bolstering its national economy and raising its profile on the global stage as a major investment hub. Steered by Vision 2030, Saudi Arabia has embarked on a journey of social and economic transformation, outlining and implementing a diversity of strategies fully geared towards diversifying the economy and effecting lasting positive change across all areas of society.   Earlier this year, Saudi Arabia ranked 3rd in the 2023-2024 Global Entrepreneurship Monitor report. The Kingdom's National Entrepreneurship Context Index score has risen from 5.0 in 2019 to 6.3 in 2023. With Biban now firmly established as one of the marquee global SMEs forums, the Kingdom is primed for further economic growth and diversification, spurring the continued advancement of the Saudi SME sector, and enhancing its profile as an attractive destination for global partnerships and investment. To find out more about the Biban24 Forum, click below:https://bibanglobal.sa/  

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 59 加入收藏 :
Mars unveils the world's largest pet parent study to better understand and serve the over one billion pets - and growing - across the globe

More than half (56%) of people are pet parents[1], with 47% of these as first-time owners More than one-third (37%) of pet parents consider their furry friend the most important thing in their lives Cat ownership is more common than dog ownership globally, with more men (52% male vs 48% female) being cat owners Mars is launching its first-ever Global Adoption Weekend- an event supporting the company's ambition to find every pet a healthy and happy home LONDON, Oct. 2, 2024 /PRNewswire/ -- Mars Incorporated, a global leader in pet care products and services, confectionery, snacking and food and the maker of some of the world's most-loved brands, has revealed the results of the world's largest pet parent study today. Mars Global Pet Parent Study, providing insights into the behaviors, trends and influences defining a new era of Pet Parent Centricity With insights from over 20,000 pet parents (dog and cat owners) across 20 countries, the Mars Global Pet Parent Study shows the significant influence of pets on our lives, delving into the evolving needs of pet parents, including generational differences in ownership, the most common breeds and new insight into the pain points pet parents around the world experience today. With pet ownership known to be on the rise and people considering pets one of the most important things in their lives, the results signal a new era of pet parent centricity, where the emotional connection between a pet parent and their pet is stronger than ever.   Ikdeep Singh, Global President of Mars Pet Nutrition, comments: "Almost half (47%) of those surveyed are first-time owners, signalling a new era of pet parents. We know that pet parents are evolving, and we need to evolve with them, which means embedding pet parent centricity into our DNA to transform the experience and build lifelong relationships with the 455 million pets and pet parents we reach." To ensure every pet has a happy and healthy home, and as part of the company's ongoing purpose: A BETTER WORLD FOR PETS, the study launches in tandem with the first ever global Mars Pet Adoption Weekend. Mars Pet Adoption Weekend will take place in twelve countries across Europe, Asia, South America and North America, to celebrate new pet parents and encourage more adoptions across the world. With over one billion pets globally, we're becoming a pet obsessed world Pet parents are clearly devoted to their pets, with more than one-third (37%) of dog and cat owners considering their pets the most important thing in their lives. The percentage is even higher amongst Generation Z (Gen Z) (45%) and Millennials (40%). There's a preference towards kittens and puppies too: 84% of dogs and cats are acquired before the age of 12 months. The most commonly owned global dog breeds are Labrador (6%), Chihuahua (6%), and Golden Retriever (5%), and the most commonly owned global cat breeds are Persian (16%), British Shorthair (11%), and Siamese (9%). Today, cat ownership is more common than dog ownership globally, with more men (52% male vs 48% female) being cat owners. The decision to get a pet is greatly influenced by those around us with family (26%) as the primary influence, followed by friends (21%), social media (13%), online search (13%), and veterinarians (11%). Dogs and cats play pivotal roles in our lives. Of those satisfied with their pets[2], dog owners appreciate unconditional love (50%) and family completeness (49%), while cat owners appreciate the entertainment (48%) and stress relief (44%) their four-legged friends bring. However, being a pet parent also brings challenges: 32% feel guilty about leaving their dogs and cats alone, and only 42% find their neighborhoods very pet-friendly, with a further 26% of pet parents claiming they find the idea of traveling with their pets demanding / challenging.  Since launching the BETTER CITIES FOR PETS™ program in 2017, Mars has created a range of programs around the world to help cities become certified as pet-friendly, so more people can enjoy the benefits of a life with pets. Similarly, earlier this year, the Mars brand CESAR® partnered with Tripadvisor to launch a new pet travel hub in the U.S. to connect pet parents with the resources and guidance to travel with their pets. Singh continues: "As the world's leading pet care company, we're always working on the next big thing in pet parenting, using the insights from this study to continuously innovate and adapt to solve pet parent pain points. Pet parents aren't born – they become, which is why we must ensure they have the advice, guidance and support they need along every step of their journey." The first-ever Global Mars Pet Adoption Weekend  For 16 years, Mars and its family of pet care and veterinary health brands including PEDIGREE®, IAMS™, ROYAL CANIN®, with additional support from PEDIGREE Foundation, along with its snacking and food brands, have come together for Mars Pet Adoption Weekend. This year, Mars Pet Adoption Weekend will be hosted globally for the first time, with twelve countries participating during one of the two weekends in October. These include Brazil, Canada, China, France, India, Japan, Malaysia, Mexico, Thailand, The Philippines, the UK, and the U.S. With pet ownership known to be on the rise, there is more opportunity than ever to ensure pets living in shelters or on the street find loving homes. Considering the undeniable joy pets can provide and the fact that only 11% of dog owners across those countries surveyed adopt from shelters, Mars is spotlighting the importance of the company's ambition to end pet homelessness, by celebrating new pet parents and encouraging adoption across the globe. Mars Pet Adoption Weekend will support pet adoption worldwide through various activities including financial contributions to shelters, adoption events, volunteer activities and other awareness-raising events. Ikdeep Singh, Global President of Mars Pet Nutrition, concludes: "With an estimated 362 million homeless cats and dogs globally[3], it's our job to find innovative ways to remove barriers to pet adoption, connecting with pet parents at the start of pet parenthood so they can find a perfect four-legged companion that will bring love and joy to their daily lives. As we launch our first-ever global Pet Adoption Weekend, we reaffirm our commitment to our purpose: A Better World for Pets - a mission that has been at the heart of Mars for nearly 90 years." REFERENCES   NOTES TO EDITOR  About the survey This survey was commissioned with Ipsos by Mars, Incorporation Online survey in 20 markets with more than 20,000 dog/cat owners and non-owners (with a minimum of 500 cat parents and 500 dog parents in each market). Markets included:- Canada, U.S., Mexico, Brazil, South Africa, UK, Germany, France, Italy, Spain, Turkey, Poland, India, Thailand, Indonesia, Philippines, China, Japan, Australia, New Zealand Cat and dog parents are defined as people (aged 18-65) who are responsible for the decision making or care of their cat/ dog (including its feeding, health, and overall well-being). This involves the commitment to provide for the pet's needs throughout its life. The cat/ dog had to be domestic or tamed and kept in a household primarily for non-commercial purposes. The online sample includes some rural coverage but is likely to be over-representative of population for urban area:- Total surveyed n=57,756- Total interviewed about their cat/ dog n=21,106- Total dog owners n=10,551- Total cat owners n= 10,555- Total dog non-owners n=34,890- Total cat non-owners n= 37,687 Quota sampling tailored for each market was applied to ensure that the age, gender and regional profile of both cat and dog owners each reflected the national proportions of these demographics in that market. Gen-Z: 18-27 y.o.; Millennials 28-43 y.o.; Gen X: 44-59 y.o.; Baby Boomers 60+ y.o Data reported at a global level reflects the mean result across all the countries where the survey was conducted. It has not been weighted to reflect the population size of each country. Fieldwork was conducted between 1st March – 4th April 2024 Ipsos contact: Victoria Edmonds (victoria.edmonds@ipsos.com) ABOUT MARS, INCORPORATED  Mars, Incorporated is driven by the belief that the world we want tomorrow starts with how we do business today. As a $50bn+ family-owned business, our diverse and expanding portfolio of leading pet care products and veterinary services support pets all around the world and our quality snacking and food products delight millions of people every day. We produce some of the world's best-loved brands including ROYAL CANIN®, PEDIGREE®, WHISKAS®, CESAR®, DOVE®, EXTRA®, M&M's®, SNICKERS® and BEN'S ORIGINAL™. Our international networks of pet hospitals, including BANFIELD™, BLUEPEARL™, VCA™ and ANICURA™ span preventive, general, specialty, and emergency veterinary care, and our global veterinary diagnostics business ANTECH® offers breakthrough capabilities in pet diagnostics. The Mars Five Principles—Quality, Responsibility, Mutuality, Efficiency and Freedom—inspire our 150,000 Associates to act every day to help create a better world for people, pets and the planet.  For more information about Mars, please visit www.mars.com. Join us on Facebook, Instagram, LinkedIn, and YouTube.  *One billion pets statistic in headline - source: Euromonitor data 2024[1] Pet parents refer to dog and cat owners surveyed in 20 markets[2] Those who gave a satisfaction score of at least 7 out of 10 (95% for dogs and 94% for cats)[3] 1 in 3 pets are homeless according to new global report, August 2024  

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 58 加入收藏 :
SolaX Power Announces 1.498 Billion USD Investment in Energy Storage and Smart Energy Facility

HANGZHOU, China, Oct. 2, 2024 /PRNewswire/ -- SolaX Power, a global leader in energy storage solutions, has unveiled a 1.498 billion USD investment to establish a cutting-edge research and manufacturing facility in Zhejiang Province. This project will focus on utility energy storage and integrated smart energy systems, reinforcing SolaX's commitment to advancing the global transition to cleaner energy. Driving the Energy Storage Revolution As renewable energy expands, energy storage has become essential for a resilient and sustainable power grid. SolaX's facility aims to meet rising demand for efficient storage solutions that support both commercial and utility sectors. The ability to store and deploy energy when needed is more crucial than ever with increased reliance on solar and wind power. By expanding its production capacity, SolaX is positioning itself as a leader in energy storage innovation. Its solutions will enhance grid stability and energy independence, key components in achieving global decarbonisation goals. Investment in Innovation and Capacity Of the 1.498 billion USD investment, 1.078 billion USD will go towards fixed assets, including R&D labs, testing centres, and high-tech manufacturing lines. These facilities will accelerate SolaX's innovation pipeline, bringing new technologies to market faster while improving efficiency and scalability. This expansion signifies more than just increased production—it represents SolaX's dedication to pushing technological boundaries and delivering industry-leading products. Building Smarter Energy Systems In addition to storage, SolaX's new facility will focus on smart energy systems integrating solar power, storage, heating, and EV charging. Leveraging AI, IoT, and big data, SolaX aims to create systems that optimize energy usage in real-time, making energy management flexible and user-friendly. These systems will play a key role in the future of decentralized energy management, empowering users to take control of their energy and reducing reliance on traditional grids. Empowering a Greener, Smarter Future At the core of this investment is SolaX Power's mission: to make energy smarter, greener, more affordable, and user-friendly. This new facility marks a significant milestone in SolaX's efforts to create next-generation energy solutions, setting the stage for a cleaner and more sustainable future. As the world moves towards carbon neutrality, SolaX will continue to lead the way in renewable energy and smart energy solutions, empowering consumers and businesses alike to embrace a more sustainable future.

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 58 加入收藏 :
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