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HEFEI, China, Dec. 19, 2024 /PRNewswire/ -- BloombergNEF (BNEF) has recognized Sungrow as the world's most bankable company in both the energy storage system and Power Conversion System (PCS) sectors, in its just-released Energy Storage System Cost Survey 2024. "This honor hinges on Sungrow's optimal products and services, cutting-edge technologies, robust financial health, reliable supply chain, and extensive global practices," said James Wu, Senior Vice President of Sungrow. BloombergNEF is recognized by numerous international financial institutions as among the most credible third-party renewable energy research hubs. Sungrow's No.1 bankability ranking represents that projects using the Sungrow energy storage system or PCS are more likely to obtain financing from banks than other competitors, ensuring favorable and sustainable benefits for stakeholders. This year, over 80% of the bankability survey participants are headquartered in the US or Europe, this highlights that Sungrow's ranking demonstrates robust trust from stakeholders in the global financial market and energy storage field. As a dedicated and trustworthy trailblazer with an 18-year track record in the energy storage industry, Sungrow holds the top position in global cumulative energy storage system installations. The track record is further solidified by its involvement in landmark projects, such as a 7.8 GWh energy storage project in Saudi Arabia, one of the largest of its kind in the world. Additionally, Sungrow has demonstrated its commitment to safety through two large-scale burn tests of its PowerTitan series of utility-scale battery energy storage systems, which have set new industry safety standards. With a continued focus on innovation, Sungrow provides comprehensive grid-forming energy storage solutions, maximizing investors' return on investment and ensuring a more sustainable energy system. "We are proud to be the preferred brand for customers, partners, and financial organizations," said Wu. "With our professional team in 20 local branches spanning six continents, we are dedicated to empowering our customers and partners with reliable, sustainable energy products and services that drive global progress toward a greener future." About Sungrow Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 27 years. As of June 2024, Sungrow has installed 605 GW of power electronic converters worldwide. The Company is recognized as the world's No. 1 on PV inverter shipments (S&P Global Commodity Insights) and the world's most bankable energy storage company (BloombergNEF). Its innovations power clean energy projects in over 170 countries, supported by a network of 490 service outlets guaranteeing excellent customer experience. At Sungrow, we're committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit www.sungrowpower.com. CONTACT: Mina Zhang, mina.zhang@cn.sungrowpower.com
SINGAPORE, Dec. 19, 2024 /PRNewswire/ -- With its recent attainment of the BCA Green Mark Super Low Energy (SLE) Certification, PARKROYAL COLLECTION Marina Bay, Singapore celebrates its recent trifecta of sustainability accomplishments, making it the first hotel in Singapore to attain three sustainability certifications in 2024 – BCA Green Mark Super Low Energy (SLE) Certification, Global Sustainable Tourism Council (GSTC) Industry Criteria for Hotels Certification and the Green Globe Certification. PARKROYAL COLLECTION Marina Bay, Singapore’s Culinary, Engineering, Housekeeping and Marketing Communications’ teams As shared by Phil Smith, General Manager of PARKROYAL COLLECTION Marina Bay, Singapore, "Our commitment to sustainability has always been at the heart of our operations and culture. This is a proud moment for our team whose hard work and passion for sustainability have made this possible, and achieving these certifications reaffirms our commitment to sustainable hospitality. It inspires us to continue innovating and do our part to create new sustainable initiatives and eco-friendly experiences for our guests." PARKROYAL COLLECTION Marina Bay, Singapore adopts a holistic approach to its eco-friendly practices, integrating green practices such as energy, water, food and waste management seamlessly into the hotel's operations. From energy-efficient technologies such as solar panels, LED lighting, and motion sensors in all guest rooms, to its in-house Urban Farm which supports its food supply resiliency and eco-conscious menu planning, to filtered water systems which eliminate single-use plastic bottles, these sustainability initiatives further cement the hotel's dedication to sustainable practices and environmental stewardship. BCA Green Mark Super Low Energy (SLE) Certification In December 2024, PARKROYAL COLLECTION Marina Bay, Singapore was awarded the BCA Green Mark Super Low Energy (SLE) Certification, under the Green Mark 2021 In Operation scheme. This accolade recognises the hotel's unwavering commitment to sustainability and innovative energy practices. Specific to Singapore and issued by the Building and Construction Authority, BCA Green Mark is a green building rating system designed to evaluate a building's environmental impact and performance. It provides a comprehensive framework for assessing the environmental performance of new and existing buildings, with the aim of promoting sustainable design and best practices in construction and operations. The Super Low Energy (SLE) Certification honours buildings that achieve at least 60% energy savings through energy-efficient measures and on-site renewable energy generation, surpassing the Gold Plus (50%) and Platinum (55%) energy savings thresholds. By doing so, it highlights exemplary efforts to adopt innovative energy-saving technologies and renewable energy solutions on property. Global Sustainable Tourism Council (GSTC) Industry Criteria for Hotels Certification In February 2024, PARKROYAL COLLECTION Marina Bay, Singapore attained the Global Sustainable Tourism Council (GSTC) Industry Criteria for Hotels Certification, as part of Pan Pacific Hotels Group's multi-site certification for all eight Singapore properties. This milestone affirms the hotel's dedication to sustainable practices, aligning with globally recognised standards in travel and tourism. The GSTC Criteria serve as the gold standard for sustainability in the tourism industry, developed through a comprehensive process involving key global stakeholders, including UN agencies, NGOs, and industry experts. These criteria encompass four core pillars: sustainable management, socio-economic benefits for local communities, cultural heritage preservation, and environmental protection. Green Globe Certification In July 2024, PARKROYAL COLLECTION Marina Bay, Singapore achieved the distinguished Green Globe Certification, a premier worldwide certification and performance improvement programme specifically designed for the travel and tourism industry. This milestone reflects the hotel's dedication to sustainable hospitality and its proactive role in driving environmentally and socially responsible practices. Green Globe evaluates businesses against a rigorous framework of 44 core criteria and 380 performance indicators, which span environmental, social, and cultural dimensions. Certified businesses must demonstrate best practices in areas such as energy efficiency, water conservation, waste management, and community engagement. Achieving this certification highlights PARKROYAL COLLECTION Marina Bay, Singapore's commitment to continuous improvement in sustainability. To maintain its certification, the hotel must undergo annual audits, ensuring that it not only meets but also exceeds these stringent benchmarks. This ongoing process reflects a pledge to remain accountable and adopt innovative solutions to pressing environmental and social challenges. About PARKROYAL COLLECTION Marina Bay, Singapore Sitting in the heart of the central business district and Marina Bay, with panoramic views of the Singapore city skyline, the 583-room PARKROYAL COLLECTION Marina Bay, Singapore is the country's first Garden-in-a-Hotel. A champion of sustainability, environmental responsibility and an advocate for green innovations in the hospitality industry, the hotel is home to one of Southeast Asia's largest indoor sky-lit atrium, designed by the late Architect John Portman, containing over 2,400 plants, trees, shrubs and groundcovers from more than 60 varieties of flora spread across 1,400 square metres of interior space. A rooftop Urban Farm spanning 150 square metres houses over 60 varieties of fruits, vegetables, herbs and edible flowers, forming the backbone of the hotel's farm-to-table, farm-to-bar and farm-to-spa concepts. Distinctive dining options are available for every palate and occasion, from a selection of over 90 varieties of whiskies and craft cocktails at Portman's Bar, to outdoor relaxation and dining at Skyline Bar on the rooftop, international and Asian culinary creations at Peppermint, and modern Chinese cuisine at Peach Blossoms, which recently won numerous recognitions, including the Top 20 Restaurants in Singapore by the Tatler Dining Awards 2024, Singapore's Top 10 Fine Dining Restaurants in Tripadvisor's Best-of-the-Best Travellers' Choice Awards and attaining #74 in the coveted Asia's 50 Best Restaurants 51-100 Extended List 2024: being the top Chinese restaurant in Singapore on the list. Peach Blossoms is also featured on the 50 Best Discovery gastronomic search engine. The hotel is located a stone's throw away from well-loved Singapore landmarks, world-class attractions and dynamic art scene - hallmarks of a destination hotel for travellers seeking unique experiences. Catering to environmentally conscious travellers, the award-winning PARKROYAL COLLECTION Marina Bay, Singapore focuses on contemporary vibes brought to life through biophilic design, iconic architecture, eco-friendliness and lifestyle experiences. Please click here to access our hotel, rooms, ballrooms, restaurants, and bars virtual videos. About PARKROYAL COLLECTION Hotels & Resorts Operated by Pan Pacific Hotels Group, PARKROYAL COLLECTION Hotels & Resorts has an expanding footprint of sustainable hotels, with a current network comprising PARKROYAL COLLECTION Kuala Lumpur, Malaysia; PARKROYAL COLLECTION Marina Bay, Singapore; and PARKROYAL COLLECTION Pickering, Singapore. Driven by a passion for life, PARKROYAL COLLECTION's iconic properties rejuvenate the wellbeing through nature-driven design, eco-wellness and refreshing lifestyle luxury. About Pan Pacific Hotels Group Pan Pacific Hotels Group is a global hospitality company that owns and/or manages more than 50 hotels, resorts and serviced suites across three brands – Pan Pacific, PARKROYAL COLLECTION, and PARKROYAL – encompassing more than 30 cities across Asia Pacific, North America and Europe. Headquartered in Singapore, it is a member of Singapore-listed UOL Group Limited.
QINGDAO, China, Dec. 19, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec") completes China's first factory-based seawater hydrogen production research project at its Qingdao Refinery. The project integrates direct seawater electrolysis with renewable energy-powered green hydrogen production, achieving an hourly output of 20 cubic meters of green hydrogen. This innovative approach not only offers a new solution for coastal regions to utilize renewable energy for green hydrogen production but also provides an alternative pathway for the resourceful utilization of high-salinity industrial wastewater. China’s First Factory-Based Seawater Hydrogen Production Project Completed at Sinopec Qingdao Refinery. The project adopts a factory-based operation model, leveraging part of the green electricity generated from Qingdao Refinery's floating photovoltaic power station. Through electrolysis, seawater is split into hydrogen and oxygen, with the produced hydrogen seamlessly integrated into the Qingdao Refinery's pipeline network for use in refining processes or hydrogen-powered vehicles. The entire production process occurs within a factory setting, ensuring efficiency and operational stability. Seawater hydrogen production holds significant potential. By directly converting seawater into hydrogen, unstable and hard-to-store renewable energy can be transformed into green hydrogen, which is relatively easier to store and utilize. Moreover, this process conserves precious freshwater resources, offering a new pathway for the development of the hydrogen energy industry. Despite its advantages, seawater hydrogen production comes with challenges. Seawater contains approximately 3% salt, and impurities, such as chloride ions, can corrode electrolytic electrodes, while cation deposits may clog equipment channels, reducing efficiency and causing damage. Sinopec Qingdao Refinery, in collaboration with the Dalian Institute of Petroleum and Petrochemicals, has successfully overcome these challenges through a series of specialized equipment innovations and unique process designs, including chlorine-resistant electrode technology, high-performance electrode plate design, and a seawater circulation system, enabling a seamless integration of research and practical applications. Seawater hydrogen production is expected to achieve large-scale industrial applications in the future. Sinopec is accelerating its efforts to become China's leading hydrogen energy company by advancing the research and application of hydrogen technologies across the entire industry chain. Sinopec has already achieved several milestones, including the successful deployment of a megawatt-scale PEM electrolyzer and the commissioning of China's first 100-kilowatt Solid Oxide Electrolysis Cell (SOEC) project. By 2024, the company has established 136 hydrogen refueling stations, and built 11 hydrogen fuel supply centers, underscoring its commitment to driving high-quality growth in the hydrogen energy sector.
LITTLE ROCK, Ark., Dec. 19, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. (NYSE: MEG), a global environmental solutions company, was selected to install its per- and polyfluorinated substances (PFAS) mobile treatment system at Sydney Water's Cascade Water Filtration Plant (WFP) outside of Sydney, Australia to address PFAS in drinking water. In June 2024, perfluorooctane sulfonate (PFOS) and PFHxS, two forms of PFAS, were detected in the outlet of the Cascade WFP. Sydney Water took prompt action to find a solution that would quickly begin removing PFAS compounds from drinking water. As a leading provider of water treatment solutions in Australia and a pioneer in treating PFAS-impacted water in the country, Montrose was engaged by Sydney Water, Australia's largest water utility, to implement a mobile solution for the immediate treatment of drinking water while Sydney Water pursues long-term upgrades to the Cascade WFP. Installing Montrose's system at the WFP will help reduce PFAS to below the limits proposed in the draft Australian Drinking Water Guidelines, which are set to be finalized in April 2025. Roch Cheroux, Managing Director of Sydney Water, commented: "We are committed to leading the way with new ideas to ensure the continued delivery of world-class drinking water to our communities. This initiative to install a rapid treatment system reflects our commitment to deliver safe and reliable water to all our customers." "Montrose is proud to be working with Sydney Water, which has a shared commitment to providing communities with safe drinking water," said Vijay Manthripragada, president and chief executive officer of Montrose Environmental Group. "The installation of these multi-million-dollar systems underscores our commitment to the Australian market and achieves our organic growth goals in the region. By deepening our relationship with the broader Australian environmental services sector, we are confident in our prospects for 2025 and beyond." Contacts Investor Relations:Adrianne Griffin(949) 988-3383ir@montrose-env.com Media Relations:Lauren Dowling(214)-514-9809pr@montrose-env.com Logo - https://mma.prnasia.com/media2/2446656/Montrose_Environmental_Group___Logo.jpg?p=medium600
SHIZUISHAN, China, Dec. 18, 2024 /PRNewswire/ -- Recently, good news came from Xingsheng Village, Baofeng Town, Pingluo County, Shizuishan City, Ningxia Hui Autonomous Region. At the "Eleventh National Near-Zero Energy Consumption and Zero Carbon Construction Conference" held in Nanjing City, Jiangsu Province, the village was awarded the title of a near-zero energy consumption agricultural housing project for 2024, becoming the first village in Ningxia to receive this honor. Xingsheng Village has achieved nearly zero energy consumption in buildings by adopting a series of advanced clean energy technologies, such as PVT hot water and BIPV photovoltaic building integration. The photovoltaic panels on the roof shine in the sun, constantly providing clean electricity for villagers' families. The villagers have bid farewell to traditional firewood, fire, and charcoal, electrified their daily domestic activities, and greatly improved their living environment and happiness. According to statistics, the "Zero Carbon Village" demonstration zone project can save a lot of energy every year and significantly reduce carbon dioxide, sulfur oxide and dust emissions. In addition, each villager can generate about 9,000 kilowatt-hours of electricity a year through rooftop photovoltaic panels, which can increase their annual revenue by 3,000 to 4,000 yuan while satisfying household electricity consumption. State Grid Shizuishan Power Supply Company actively participates in the development and construction of Xingsheng Village, strengthens the construction and transformation of power grid infrastructure, and provides a strong power guarantee for the village. Through the opening of a green service channel for new energy businesses, the one-stop handling of new energy decoration business has improved users' experience in acquiring electricity. Rural revitalization, electricity first! State Grid Shizuishan Power Supply Company will continue to contribute to the clean and low-carbon transformation and development of rural revitalization.
SINGAPORE, Dec. 18, 2024 /PRNewswire/ -- MediSun Energy, a global leader in osmotic (blue) energy technology, proudly announces its signing of the Abu Dhabi Sustainable Finance Declaration. This significant milestone underscores MediSun Energy's dedication to advancing sustainable solutions while aligning with the UAE's Vision 2030 and its Green Economy for Sustainable Development initiative. Represented by MediSun Energy's Head of Investor Relations, Ivan Kon (2nd row, 2nd from left), at ADSF Declaration 2024 The Abu Dhabi Sustainable Finance Declaration, spearheaded by ADGM in partnership with key public and private stakeholders, aims to establish a robust ecosystem for sustainable finance in the region. By directing investments toward low-carbon and environmentally sustainable projects, the initiative supports the UAE's transition to a greener, more resilient economy. Joining this initiative places MediSun Energy among a distinguished network of leaders driving innovation and sustainability in finance. Through MediSun Energy's proprietary WEGen Reverse Electrodialysis (RED) technology, MediSun Energy is revolutionizing industries by advancing desalination, energy generation, and other critical applications. Dusun Kim, CEO of MediSun Energy, said: "Signing the Abu Dhabi Sustainable Finance Declaration is a pivotal step in MediSun Energy's journey to address pressing environmental challenges through innovation. This reflects our vision to collaborate with UAE stakeholders to build a thriving sustainable finance ecosystem while advancing shared global sustainability goals." MediSun Energy's involvement reinforces its commitment to reducing water and energy footprints, improving resource efficiency, and promoting green investments. The company is eager to work alongside UAE organizations to integrate sustainable finance into transformative projects that drive the nation's green economy ambitions. In November 2024, MediSun Energy received a Special Mention at the Global Prize for Innovation in Desalination (GPID 2024) in recognition of its pioneering work in integrating energy and water technologies within sustainable development frameworks. This acknowledgment reinforces MediSun Energy's leadership in delivering impactful solutions to address today's environmental challenges. Launched in 2019, the Abu Dhabi Sustainable Finance Declaration has attracted key players from both the public and private sectors, including leading financial institutions and regulators. MediSun Energy is honored to join this esteemed coalition, further reaffirming its commitment to advancing sustainable development through innovative technology and strategic partnerships. About MediSun Energy MediSun Energy is a technology-driven company dedicated to advancing clean and efficient energy solutions. Its groundbreaking WEGen technology harnesses osmotic power to enhance energy efficiency in water desalination and generate renewable energy. Committed to a net-carbon neutral future, MediSun Energy delivers practical, sustainable innovations that align with its vision of a world powered by clean and green energy. For more information, visit www.medisun.energy or email info@medisun.energy. Follow MediSun Energy on LinkedIn for the latest updates.
Green Technology
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