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TAIPEI, Dec. 24, 2024 /PRNewswire/ -- Taiwan's software company TPIsoftware (TWSE: 7781) and its partners are to sign a multilateral Memorandum of Understanding (MOU) to formalize the cross-border collaboration on facilitating greenhouse gases (GHGs) inventory with tech-driven solutions. The MOU signing will take place on December 26 in Hanoi, Vietnam, along with the product launch of GreenSwift—an AI-driven carbon management platform by TPIsoftware. Earlier, TPIsoftware and Nam Cau Kien Eco-Industrial Park in Vietnam announced a pilot project to implement GreenSwift in the park. The project aims to strengthen the ESG initiative across the area by optimizing the efficiency of carbon management. Details of the project will be unveiled during the GreenSwift launch event. TPIsoftware Vietnam’s General Manager Do Vuong Phong (left) visited Nam Cau Kien Eco-Industrial Park with Nam Cau Kien Eco-Industrial Park’s Chairman Pham Hong Diep, ESG Expert Dr. Nguyen Kim Anh, and Coastal Design and Investment’s Chairman Dr. Mai Van Sy The MOU sets forth a framework to strengthen the parties' Environmental, Social and Governance (ESG) commitment with enhanced regulatory compliance and transparency, enabling enterprise carbon disclosure for a decarbonized, sustainable future. Led by TPIsoftware and Global Green Innovation Technology (GGI., Technology), the MOU signing brings together government officials, the private sector and ESG experts in Vietnam and will be witnessed by Dr. Nguyen Kim Anh, ESG Advisory Expert and Senior Scientist at Institute of Geography, Vietnam Academy of Science and Technology, Tony Kuo, Founder and CEO of Katina Capital Partners, Mai Hoai An, Chairman of ITD Group, Phan Quoc Dzung, Vice Chairman cum General Director of Bao Long Insurance, and Thomas Cheng, General Manager of ThinkTron Ltd. Following the MOU signing, the GreenSwift product launch focuses on a comprehensive, practical approach to achieving net zero through carbon management and inventory enabled by advanced AI technology. Keynote speakers feature representatives from Vietnam's Ministry of Transportation and Ministry of Science and Technology, who will delve into the opportunities and ongoing challenges of climate action and environmental sustainability in the country. Additionally, Dr. Nguyen Kim Anh will share an in-depth analysis of how ESG standards can be effectively implemented across industries in Vietnam. The event will be followed by a product demonstration presented by Do Vuong Phong, General Manager of TPIsoftware Vietnam, to showcase GreenSwift's key features. The carbon management platform adopts Generative AI to enable efficient GHG inventory, streamline reporting and ensure compliance with international standards. Yilan Yeh, General Manager of TPIsoftware, said, "GreenSwift is a SaaS-based carbon management platform designed to measure carbon reduction and maximize ESG efforts for enterprises. Together with ElectriSwift, TPIsoftware's AI Building Energy Conservation System, enterprises are able to reinforce their ESG strategies through streamlining GHG accounting and energy saving, making their sustainability initiatives visible and impactful. We look to build a long-lasting cooperation with the local government, private sector and residents to realize their commitment to ESG goals."
SHANGHAI and COLUMBUS, Ohio, Dec. 24, 2024 /PRNewswire/ -- CAS, a division of the American Chemical Society specializing in scientific knowledge management, and PetroChina Shanghai Advanced Materials Research Institute Co., Ltd, a subsidiary of the world's third largest oil company, China National Petroleum Corporation (CNPC), are collaborating for use of the CAS SciFinder Discovery Platform™ to accelerate research and discovery of new chemical materials. PetroChina Shanghai Advanced Materials Research Institute Co., Ltd. was founded in 2021 to address key technological challenges in advanced chemical materials and drive a transformation of CNPC from a traditional refinery and petrochemical product provider to a more advanced and sustainable material provider. Its research focus includes high-performance engineering materials, high-performance polyolefin and elastomers, special catalysts, advanced membranes, fibers and composites, etc. CAS, the creator of the world's most comprehensive and authoritative curated scientific information resource, the CAS Content Collection™, which covers over 150 years of discoveries, provides content and knowledge management solutions and services that accelerate innovation. The CAS SciFinder Discovery Platform, an authoritative scientific technology solution, will enable the institute research scientists to discover more relevant information faster, identify and optimize synthetic routes through a full retrosynthetic analysis of known and undisclosed substances, and locate, compare, and understand scientific methods via the CAS Content Collection. "We're excited that PetroChina Shanghai Advanced Materials Research Institute will harness the CAS SciFinder Discovery Platform to accelerate their research and discovery initiatives. Combining the capabilities of this industry-leading CAS solution with the Research Institute's expertise in material research will result in breakthroughs that bring advanced sustainable materials to the marketplace," said Manuel Guzman, President of CAS. PetroChina Shanghai Advanced Materials Research Institute, as a newly established innovation hub, aims to grow into a world-leading, multi-capabilities research institute that drives cutting-edge innovations, pilots industrial-scale technologies, provides technical services, and facilitates academic and value chain collaborations. "We are very pleased to cooperate with CAS, who will be a strong partner in bringing their sophisticated scientific information solutions to facilitate and speed up our approach to advanced sciences and technologies in novel materials. We are looking forward to exploring more innovative ideas through our engagement with CAS," said Xudong Huang, Vice President of PetroChina Shanghai Advanced Materials Research Institute. About CAS CAS connects the world's scientific knowledge to accelerate breakthroughs that improve lives. We empower global innovators to efficiently navigate today's complex data landscape and make confident decisions in each phase of the innovation journey. As a specialist in scientific knowledge management, our team builds the largest authoritative collection of human-curated scientific data in the world and provides essential information solutions, services, and expertise. Scientists, patent professionals, and business leaders across industries rely on CAS to help them uncover opportunities, mitigate risks, and unlock shared knowledge so they can get from inspiration to innovation faster. CAS is a division of the American Chemical Society. Connect with us at cas.org. About PetroChina Shanghai Advanced Materials Research Institute PetroChina Shanghai Advanced Materials Research Institute, located in the Lingang Shanghai, was established in December 2021. It is a wholly owned subsidiary of China National Petroleum Corporation (CNPC) with innovation functions in fundamental research, product development, industrial-scale piloting, technical service and academic collaborations. The research areas cover a broad spectrum of novel chemical materials for the markets of electronics, medical, transportation and new energy.
HOHHOT, CHINA - Media OutReach Newswire - 23 December 2024 - China's National Forestry and Grassland Administration recently announced 40 forestry industry standards, among which the "Technical Specifications for Desertified Grassland Control" compiled by M-Grass Ecological Environment (Group) Co., Ltd. was included, providing technical support for the ongoing Three-North Shelterbelt Program. This photo taken on Nov. 4, 2024 shows a chamber for accelerated seed breeding at M-Grass Ecological Environment (Group) Co., Ltd. in Hohhot, north China's Inner Mongolia Autonomous Region. In the sparse, sandy grasslands of Jarud Banner in north China's Inner Mongolia Autonomous Region, machinery is filling wind-eroded pits and laying sand barriers while workers are busy supporting the comprehensive management of Horqin Sandy Land. "Our independently developed sand-fixing machine processes raw materials like reeds and straw into grass mats for sand barrier installation," said Yu Dongjiang from M-Grass Ecological Environment (Group) Co., Ltd. The sand-fixing machine is simple in structure, easy to operate, and highly adaptable to various terrains. It improves raw material utilization efficiency, enabling the installation of nearly 30,000 meters of sand barriers daily, according to Yu, who is also the project manager for the comprehensive management of the northern central Horqin Sandy Land. Previously, the manual weaving of grass mats required significant labor and time. Yu's project shows China's wider push to advance ecological restoration. In the arid landscapes of northern China, cutting-edge technology is transforming the fight against desertification into a story of hope and renewal. From satellite monitoring systems to innovative tree-planting tools, the integration of advanced equipment has elevated traditional reforestation efforts. In Inner Mongolia's Kubuqi Desert, for example, drones have been employed to plant seeds across vast stretches of barren land, significantly improving efficiency and survival rates. These seeds, combined with specially developed nutrient packs, ensure saplings thrive in challenging environments. While in northwest China's Gansu Province, solar energy projects are being combined with afforestation programs at the southern edge of the Tengger Desert, creating a synergy that not only restores ecosystems but also boosts local economic development. Local villagers are also finding employment in these initiatives, blending green technology with grassroots participation. "I never would have imagined that as a farmer, I could find work in the sand dunes," said Qin Zhaoping, a resident of Hengliang Township in Gansu's Gulang County. His job involves adjusting the sprinkler irrigation systems beneath photovoltaic panels and tending to the thriving sand plants. For Qin, photovoltaic-based desert control is a meaningful effort that benefits future generations. "It generates electricity, combats desertification, and provides me with an income from working here," he said. According to official data, 53 percent of China's treatable desertified land has been restored, leading to a net reduction of approximately 4.33 million hectares of degraded land. One of the country's landmark ecological projects is the Three-North Shelterbelt Forest Program. Since 1978, China has expanded its afforestation area by 32 million hectares under the program. Meanwhile, China's desertification control technologies and equipment are making their way onto the global stage, sharing ecological restoration expertise with other countries and regions. To join the efforts of the Global South, China has launched desertification control centers with Arab states and Mongolia, created demonstration sites in Central Asia and Africa, and provided satellite technology and big data support for Africa's Great Green Wall initiative. In December, Yu's company signed a memorandum of understanding with the municipal government of Ulaanbaatar in Mongolia to enhance the country's ecological environment and promote practical cooperation. The collaboration includes conducting ecological restoration in desert areas surrounding the city, and jointly developing, maintaining, and cultivating plant resources. "Through smart machinery, innovative research on grass species, big data analysis, and seed packages, the company has developed a scientific and efficient path for ecological restoration," said Yu. "The integrated use of these technologies not only improves the success rate of ecological restoration but also significantly reduces the cost of restoration," Yu added. This photo taken on Nov. 4, 2024 shows the smart warehouse at M-Grass Ecological Environment (Group) Co., Ltd. in Hohhot, north China's Inner Mongolia Autonomous Region. China's global cooperation in combating desertification also won praise from experts and officials during the 16th session of the Conference of the Parties (COP16) of the UN Convention to Combat Desertification (UNCCD) held in December. "We're incredibly proud to be a partner with China. China has been a pioneer in showing how to create prosperous areas in areas that were once desertified and degraded. And we are proud to partner with you (China) to bring those lessons to other countries," said Valerie Hickey, global director for the environment at the World Bank, at the conference. Hashtag: #TheInformationOfficeofInnerMongoliaAutonomousRegionalCommitteeThe issuer is solely responsible for the content of this announcement.
SUZHOU, China, Dec. 23, 2024 /PRNewswire/ -- GCL Energy Technology Co., Ltd., a leader in the clean energy sector, and Ant Digital Technologies, a pioneer in digital technology services and blockchain technology, have achieved a significant milestone by successfully completing the first-ever Real World Asset Tokenization (RWA) issuance in China's photovoltaic industry, securing 200 million yuan in cross-border financing. The groundbreaking initiative on December 23 not only injects substantial new capital into GCL Energy Technology's ambitious growth plans but also establishes a novel financing model for Chinese photovoltaic companies seeking to fund green projects internationally. GCL Energy Technology and Ant Digital Technologies Launch First Blockchain-Based RWA Project in Photovoltaic Industry RWA represents a transformative approach to asset management, where physical assets are digitized as tokens on the blockchain, enhancing liquidity and market accessibility. For this inaugural issuance, GCL Energy Technology has tokenized two strategically significant solar power plants in Hunan and Hubei, with a combined capacity of approximately 82MW, to spearhead this new financing frontier. As the core entity of China's largest private power conglomerate, GCL (Group) Holdings Co., Ltd., GCL Energy Technology is at the forefront of integrating clean energy production with comprehensive energy services and advanced digital operations. The company has significantly expanded its renewable energy footprint, with its total installed capacity reaching 5976.36 megawatts as of September 30, 2024, and renewable sources constituting 57.81% of this capacity. Notably, under the GCL SUN brand, residential photovoltaic installations have surged to 1105.89 megawatts across more than 36,500 households, demonstrating robust growth. This RWA initiative is a cornerstone in GCL Energy Technology's strategy to harness data for asset valorization, involving around 3000 residential photovoltaic systems. By integrating cutting-edge artificial intelligence, blockchain, and IoT technologies, the project packages and stores operational and revenue data on the blockchain. This dual-chain and one-bridge architecture has garnered strong backing from prominent global investors, reinforcing RWA's role as a pivotal green finance tool that underscores the company's commitment to sustainable development and transparency. The move not only bolsters GCL Energy Technology's global ESG credentials but also strengthens its position in the international market, aligning investor interests with the burgeoning demand for environmentally responsible, low-carbon investments. Looking ahead, GCL Energy Technology remains dedicated to leading the charge in renewable energy, with a strategic focus on leveraging data to drive innovation across the sector and foster a transparent, effective ESG ecosystem. During the issuance event, Ant Digital Technologies emphasized that industries are increasingly adopting renewable energy and sustainable assets to drive sustainable growth, and its partnership with GCL Energy Technology aims to better support this trend. Leveraging blockchain and smart contract technologies, the collaboration has dramatically improved the transparency and efficiency of asset management, operations, and transactions, while also reducing costs associated with these activities. The strategic alliance is a response to the growing market demand in the photovoltaic sector, bringing substantial practical benefits to the real economy and demonstrating the scalability of these advanced technologies. At the same event, strategic ties were further cemented with a comprehensive partnership agreement signed with Ant Digital Technologies in Suzhou. The partnership will broaden to include joint construction, acquisition, and securitization of new energy assets, covering distributed, commercial, industrial, and residential photovoltaic power stations. In addition, both parties will collaborate to develop AI large model applications for various scenarios including new energy generation forecasting, energy management optimization, and intelligent operations, driving the industry's move towards enhanced intelligence and sustainability.
CHANGZHOU, China, Dec. 23, 2024 /PRNewswire/ -- Trinasolar has signed the United Nations Women's Empowerment Principles, reaffirming its commitment to advancing global gender equality and empowering women. Designed to guide companies in empowering women in the workplace, marketplace and the community generally, the principles are the result of collaboration between UN Women and UNGC. As a global signatory of the WEPs, Trinasolar integrates the UN SDGs into its corporate strategy and operations. To continually improve internal policies and practices, Trinasolar strictly complies with laws and regulations in the jurisdictions where it operates and aligns policies with international human rights conventions and labor standards, such as the UN Guiding Principles on Business and Human Rights. Building policies and cultures of equity and diversity Trinasolar is committed to establishing a governance structure that values diversity in all forms. Women hold one third of the seats on the company's board of directors. Trinasolar promotes gender equality and women's empowerment through initiatives such as hosting women's leadership-sharing events. Supporting women's health and work-life balance Trinasolar organizes annual health checkups tailored to female employees. The company has set up Carnation Service Stations to provide more amenable work arrangements for pregnant employees. Customized gift packages are offered to women who marry or give birth. In addition, both male and female employees are entitled to parental leave benefits. Valuing women's skills and celebrating their contributions In its recruitment, promotion and training, Trinasolar emphasizes gender equality and equal pay for equal work. The company has developed a comprehensive talent development system that provides employees with broad opportunities. Special attention is given to female employees, with their average training hours almost tripling in recent years. The Chairman and CEO of Trinasolar, Gao Jifan, said: "We firmly believe that a culture of diversity, equity, and inclusion is crucial to the long-term success and growth of any organization. At Trinasolar, this has been at the heart of our corporate culture from the very beginning. Joining hands with the WEPs platform, we are committed to creating an environment where all employees, especially women, have equal opportunities to thrive. By empowering women and fostering an inclusive workplace, we are not only supporting our people but also advancing our mission 'Solar Energy for All'. Together, we will drive global progress in energy conservation, emissions reduction, and sustainable development, building a zero-carbon future for all."
NORWALK, Conn., Dec. 23, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced the closing of the second round of its Battery Energy Storage System (BESS) portfolio under the Development Service Agreement (DSA) with Arpinge, a permanent capital vehicle focused on sustainable infrastructure in Italy. This round includes two standalone BESS projects located in Sicily, Italy, with a total capacity of 162 MW or approximately 1.4 GWh. With this addition, the portfolio now totals 462 MW, combining the newly announced 162 MW with the 300 MW tranche initially announced in November 2024. These projects collectively complete the portfolio under the DSA framework. These projects are part of Emeren's DSA portfolio, a cornerstone of the Company's growth strategy. The DSA structure enables Emeren to monetize its development expertise through partnerships with top-tier investors. As of September 30, Emeren has secured DSA contracts with nine partners, encompassing 28 projects totaling over 2.1 GW—84% BESS and 16% PV. These agreements are projected to generate contracted revenue exceeding $69 million within the next 2-3 years, with an additional 2.0 GW of projects currently under negotiation[1]. Yumin Liu, CEO of Emeren Group, commented, "These significant BESS projects in Sicily reflect the continued success of our partnership with Arpinge and the strength of our DSA model. This closing highlights our ability to capture high-value opportunities and reinforce our leadership in Italy's energy storage market. I commend our team for their exceptional work, which has enabled us to deliver on our strategic goals and further advance Italy's clean energy transition." For additional information on the initial partnership announcement, please refer to the press release: Emeren Group and Arpinge Partner to Develop 300 MW Battery Storage Portfolio. About Emeren Group Ltd Emeren Group Ltd (NYSE: SOL), a renewable energy leader, showcases a comprehensive portfolio of solar projects and Independent Power Producer (IPP) assets, complemented by a significant global Battery Energy Storage System (BESS) capacity. Specializing in the entire solar project lifecycle — from development through construction to financing — we excel by leveraging local talent in each market, ensuring our sustainable energy solutions are at the forefront of efficiency and impact. Our commitment to enhancing solar power and energy storage underlines our dedication to innovation, excellence, and environmental responsibility. For more information, go to www.emeren.com. For investor and media inquiries, please contact: Emeren Group Ltd - Investor Relations+1 (925) 425-7335ir@emeren.com The Blueshirt GroupGary Dvorchak+1 (323) 240-5796gary@blueshirtgroup.co [1] Q3 2024 Letter to Shareholder at https://ir.emeren.com/static-files/e755cb70-398a-4052-899c-c283e77eeb4b.
Green Technology
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