OSLO, Norway & HYDERABAD, India, May 13 (Bernama-BUSINESS WIRE) -- Yara Clean Ammonia, the world’s largest trader and distributor of ammonia, and Greenko ZeroC, the green ammonia production arm of the India-based AM Green, signed a term sheet for supply of renewable ammonia from Phase 1 of AM Green’s ammonia production facility in Kakinada, India.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240511243279/en/ This term sheet and the subsequent offtake agreement covers the long-term supply of up to 50% of renewable ammonia from Phase 1 of AM Green’s ammonia production facility in Kakinada. The plant will produce, and export renewable ammonia derived from round-the-clock carbon free energy by 2027. Renewable ammonia and other sustainable fuels from AM Green’s platform, will be compliant with EU RFNBO and Renewable Energy Directive requirements. For Yara Clean Ammonia, the renewable ammonia supply will contribute to produce low-emission fertilizer and for decarbonizing other industries like shipping, power, and other industries. Mr. Mahesh Kolli, President of AM Green said, “We are delighted to partner with Yara Clean Ammonia to propel the transformation of various industries and several OECD economies. Continuous focus on innovation combined with execution reinforces AM Green’s leadership position as a global clean energy transition solutions platform for low-cost green molecules such as hydrogen, ammonia, fuels and other chemicals.” Mr. Hans Olav Raen, CEO of Yara Clean Ammonia said, “The AM Green Kakinada project expands our portfolio of ammonia produced with renewable energy and consolidates Yara Clean Ammonia’s position as a reliable supplier of low-emission ammonia to established and emerging markets like fertilizer production, cracking of clean ammonia to hydrogen, shipping fuel, power generation, and other industrial applications.” About Yara Clean Ammonia Yara Clean Ammonia is uniquely positioned to enable the hydrogen economy in a market expected to grow substantially over the next decades. We aim at significantly strengthening our leading global position as the world’s largest ammonia distributor, unlocking the green and blue value chains, and driving the development of clean ammonia globally. Building on Yara’s leading experience within global ammonia production, logistics and trade, Yara Clean Ammonia works towards capturing growth opportunities in low-emission fuel for shipping and power, carbon-free food production and ammonia for industrial applications. Yara Clean Ammonia operates the largest global ammonia network with 15 ships and has, through Yara, access to 18 ammonia terminals and multiple ammonia production and consumption sites across the world. Revenues and EBITDA for FY 2023 were USD 1.9 billion and USD 101 million respectively. Yara Clean Ammonia is headquartered in Oslo, Norway. www.yaracleanammonia.com About AM Green AM Green, incorporated by the founders of Hyderabad-based Greenko Group - Anil Chalamalasetty and Mahesh Kolli, is one of India’s leading energy transition solutions providers. AM Green is leveraging a track record of entrepreneurship in pioneering new technologies and pathways to shape the future of energy. We aim to become one of the most cost-competitive producers of green hydrogen, green ammonia, and other green molecules in the world. AM Green is developing one of world’s largest green ammonia platforms starting with 1 million ton of production capacity at Kakinada in two phases and ramping capacity to 5 million ton per annum of green ammonia by 2030 – equivalent of 1 million ton per annum of hydrogen. In India, AM Green is developing production capabilities for green molecules (green hydrogen, green ammonia, biofuels, e-methanol, sustainable aviation fuels and various down stream high value chemicals) for decarbonization in hard to abate industries. The venture will also set up an international renewables and storage business and a JV for making electrolysers with John Cockerill of Belgium. View source version on businesswire.com: https://www.businesswire.com/news/home/20240511243279/en/ Contact For AM Green, media relations: Mr Suheil Imtiaz Sr Manager, Public Affairs & Strategic Communications Email: [email protected] Mobile: + 91 94401 59289 For Yara Clean Ammonia, media relations Ms. Hilde Steinfeld Communication Director E-mail: [email protected] Mobile: +47 99 35 30 30 Source : Yara Clean Ammonia and AM Green --BERNAMA
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HOHHOT, China, May 10, 2024 /Xinhua-AsiaNet/-- On April 29, Yili Group released its 2023 financial report, showing a record-breaking total operating income of 126.179 billion yuan and a net profit attributable to parent company of 10.429 billion yuan. This marked 31 consecutive years of steady growth. On the same day, Yili also announced a plan to repurchase shares worth no less than 1 billion yuan but no more than 2 billion yuan. These shares will be entirely canceled to reduce the company's registered capital. During the reporting period, Yili's entire range of products remained industry-leading. Its liquid milk business generated an operating income of 85.54 billion yuan, maintaining its top position in both scale and market share. The milk powder and dairy products recorded 27.598 billion yuan in revenue, up 5.09% year on year, and overall milk powder sales rose to the top of the Chinese market. The cold beverage business generated an operating income of 10.69 billion up, up 11.72% from the previous year, far exceeding the industrial average growth rate, and retained its market leadership for the 29th consecutive year. Overseas business also performed well. In 2023, Yili's overseas business income increased by 10.08% year on year, with products sold to over 60 countries and regions. Notably, Cremo and Joyday products gained significant popularity in Southeast Asia, while Joyday ice cream made a strong entry into Africa. Yili has continuously improved and optimized its global supply chain network, achieving efficient synergy between its domestic and overseas bases. In May 2023, construction work commenced for a lactoferrin factory of Westland Dairy Company Limited, one of Yili's subsidiaries. Once the factory is put into operation, it will be one of the top three lactoferrin producers worldwide. This capacity breakthrough is driven by innovative technological advancements that have spurred the transformation of research into tangible results. In 2023, Yili made continuous breakthroughs in cutting-edge technologies, quickly translating these innovations into products that have set new trends in healthy consumption. One notable achievement was the development of a unique lactoferrin directional extraction and protection technology, which increased the lactoferrin retention rate in UHT milk from 10% to over 90%. Furthermore, the company solved the challenge of probiotic inactivation at ambient temperatures, creating new healthy consumption scenarios for yogurt. With industry-leading technological capabilities as the foundation, the Group has launched bestselling new products such as the SATINE Active Lactoferrin Organic Milk and Ambpomial AMX Probiotic Yogurt, providing the company with new growth drivers. These innovative achievements stem from the company's long-term investment in technology. Recently, on the tenth anniversary of the Yili European Innovation Center, the center's upgrade and the establishment of the Global Maternal and Child Nutrition Research Center were celebrated at Wageningen University in the Netherlands. Since its inception, the center has achieved remarkable results in areas like breast milk research, probiotics development, and innovative processes and technologies. Going forward, the center will focus on cutting-edge global dairy technologies to accelerate the application and commercialization of innovative results. As an industry leader, Yili is not only achieving steady business growth but also emphasizing a sustainable future. The company actively promotes green and sustainable development, contributes to environmental protection and public welfare, and strives to create a win-win situation in economic, social, and environmental benefits. Source: Yili Group --BERNAMA KUALA LUMPUR, May 10 (Bernama) -- King Faisal Specialist Hospital & Research Centre (KFSH&RC), renowned for its specialised care and treatments across critical fields, has positioned itself as a leader in specialised patient care, taking the charge towards a brighter, healthier future for Saudi Arabia.
Through its commitment to pioneering digital health initiatives, comprehensive educational programmes, and novel research endeavours, it is reshaping the local landscape, and setting new standards of efficiency and accessibility. In an era defined by technological advancements, and with the Kingdom’s push towards digitalisation, KFSH&RC stands at the forefront of digital health integration among its local peers, leveraging cutting-edge telemedicine services, virtual consultations, and artificial intelligence-driven tools. KFSH&RC in a statement said its digital health initiatives extend to addressing broader health threats through technologies such as Whole Genomic Sequencing (WGS) and Advanced Radiation Therapy. The hospital has also pioneered organ transplantation by performing the world's first fully robotic liver transplant and introduced to the region innovations like the Harmony Transcatheter Pulmonary Valve (TPV), enhancing patient recovery and experience. These technologies facilitate personalised treatment plans and improve the accuracy and speed of medical diagnostics, contributing significantly to the elevation of patient care standards and a sustainable, resilient healthcare infrastructure, which is in line with the objectives of the Health Sector Transformation Program. KFSH&RC continues to push the boundaries of medical research addressing pressing health challenges and contributing to Saudi Arabia’s public health landscape, with discoveries that not only improved diagnostic accuracy but also facilitated early interventions, ensuring timely and effective patient support. Furthermore, these comprehensive efforts are supported by the hospital’s robust educational initiatives, which prepare the next generation of medical professionals through training programmes and international collaborations. -- BERNAMA KUALA LUMPUR, May 10 (Bernama) -- The Asian Productivity Organization (APO) reaffirmed its commitment to addressing pressing productivity challenges with the announcement of several strategic initiatives and partnerships. APO in a statement said these endeavours leveraged global expertise and collaborative efforts in enhancing productivity and driving sustainable growth across the Asia Pacific (APAC) region. In a recent milestone collaboration, APO joined forces with the prestigious Institut Européen d'Administration des Affaires (INSEAD) to inaugurate an intensive executive leadership programme tailored for National Productivity Organizations (NPOs). Held from April 29 to May 3 at INSEAD’s Europe campus in Fontainebleau, France, this programme was attended by 12 executive officers who lead respective NPOs under the guidance of eight global thought leaders and practitioners. APO Secretary-General, Dr Indra Pradana Singawinata in his opening remarks underscored the critical need for APAC to tackle productivity challenges with resilience and innovation. Furthermore, a strategic meeting between Dr Singawinata and the Organization for Economic Co-operation and Development (OECD) Secretary-General, Mathias Cormann was held on May 1 in Paris. The discussion was also attended by other OECD officials which centered on deeper collaboration on productivity enhancement, sustainability, and innovation, marking a significant step in renewing cooperation between the APO and OECD, particularly in continuing joint projects on productivity measurement and statistics. Building upon its membership in the OECD’s Global Forum on Productivity (GFP) since 2020, the APO solidified commitment with GFP management on May 2 aimed at enhancing the capacity of APO members in productivity analysis and policy formulation. These strategic initiatives and partnerships underscore the APO’s dedication to equipping its members with the tools and expertise to address complex productivity challenges, driving sustainable development and prosperity across the APAC region. -- BERNAMA ALBANY, N.Y. and SALT LAKE CITY, May 10 (Bernama-GLOBE NEWSWIRE) -- Curia, a leading contract research, development and manufacturing organization and Carterra Inc., the world leader in label-free high throughput antibody and small molecule drug discovery, today announced their partnership in hosting a high-throughput biologics symposium slated for May 31 at the Residence Inn at Marriott in Seattle, Washington. The purpose of the collaboration is to promote the rising biotech focus within the Pacific Northwest region of the U.S and Canada. The symposium will bring together all levels of scientific leadership from the biotech and pharma communities. "We are thrilled to be partnering with Carterra to organize this antibody discovery symposium, bringing the Pacific Northwest biotech community together and sharing the latest advances in antibody discovery," said Steve Lavezoli, Vice President of Biologics at Curia. "We are also looking forward to sharing our optimal, high-quality and accelerated antibody discovery workflows to first-to-human antibody discovery, development and clinical manufacturing. Antibodies discovered and/or engineered with Curia’s platform technology are in the clinic and we have over 230 successful antibody discovery campaigns performed for the biotech community." Speed, scientific expertise and efficiency can surmount the high attrition rates of early antibody discovery and achieve first-to-market delivery of new therapeutics. The symposium will highlight Curia’s technology platform and integrated services with a focus on the development of enhanced mouse systems for antibody generation and high-throughput single B cell screening. The combination of next generation sequencing (NGS) and rapid recombinant production of milligram to gram quantities of purified monoclonal antibody (mAb) significantly accelerates identification of development candidate leads. Since 2017, Carterra has been selling its powerful LSA® high-throughput biosensor to analyze and characterize antibodies using Surface Plasmon Resonance (SPR). With the launch of its LSAXT platform last year, Carterra now offers products that can perform small molecule analysis as well as antibody discovery. The LSA platform has been profiled in several peer-reviewed papers in Science, Nature and Cell, detailing the path of multiple therapeutics entering clinical trials. At the symposium, several leading scientists in biopharma will be sharing their insights into their specific areas of drug discovery and will highlight the transformative impact of integrating HT-SPR technology, AI/ML and other new technologies. “We are excited to be partnering with Curia on our symposium. Carterra symposia are scientific events that we host each year throughout the U.S. and Europe,” stated Chris M. Silva, Vice President of Marketing and Product at Carterra. “These symposia help us to share the latest technology advancements and important data generated from the workflows of scientists using Carterra’s label-free platforms. Coming to the Pacific Northwest is an opportunity to create a deeper understanding of the technology in pharma and biotechs in this region.” Click here to RSVP for the event. Registration is required as seating is limited. About Curia: Curia is a Contract Development and Manufacturing Organization (CDMO) with over 30 years of experience, an integrated network of 27 global sites and over 3,500 employees partnering with Biopharmaceutical customers to bring life-changing therapies to market. Our biologics and small molecules offerings span discovery through commercialization, with integrated regulatory and analytical capabilities. Our scientific and process experts and state-of-the-art facilities deliver best-in-class experience across drug substance and drug product manufacturing. From curiosity to cure, we deliver every step to improve patients’ lives. Visit us at curiaglobal.com. About Carterra, Inc.: Carterra, Inc. is a privately held company. Its HT-SPR technology provides large-molecule and small-molecule drug discovery customers with screening and characterization throughput and functionality that scales with omics-level applications, condensing months of work down to days. Our solutions have enabled multiple therapeutics and breakthrough research and helped academic and translational researchers and biopharmaceutical companies in oncology, immunology, neuroscience, and more. Carterra is based in Salt Lake City, Utah, and has Customer Experience Centers in San Francisco, Salt Lake City, Boston, Manchester, England, and Munich, Germany. Carterra products are available in Asia-Pacific and Oceania through our exclusive distributor, Revvity. To learn more, visit www.carterra-bio.com or connect with us on LinkedIn or X (Twitter). Curia Contact Information: Viana Bhagan +1 518 512 2111 [email protected] Carterra Media Contact: Cheri Salazar (408) 594-9400 [email protected] A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/020a0a28-86f0-4f6c-96f2-0eaa01c82784 SOURCE : Curia Global, Inc. KUALA LUMPUR, May 9 (Bernama) -- Zenas BioPharma, a global biopharmaceutical company has announced the closing of an upsized US$200 million Series C preferred stock financing. (US$1=RM4.74)
In a statement, the company said the financing round was led by SR One along with NEA, Norwest Venture Partners, and Delos Capital with significant participation from Enavate Sciences and Longitude Capital. Proceeds will support ongoing mid- to late-stage clinical development programmes for the company’s lead product candidate, obexelimab, a bifunctional monoclonal antibody being developed to treat various autoimmune diseases. The obexelimab clinical programmes include an ongoing Phase 3 registration-directed trial in IgG4-Related Disease, two planned Phase 2 randomised controlled trials in Multiple Sclerosis and Systemic Lupus Erythematosus, and an ongoing open label Phase 2 trial in Warm Autoimmune Hemolytic Anemia. “We are pleased and appreciative of the support we have received from this group of tremendous life sciences investors as we advance the ongoing obexelimab development programme across multiple auto-immune diseases. “This financing enables us to complete multiple potentially value driving clinical programmes,” said Zenas BioPharma Founder and Chief Executive Officer, Lonnie Moulder. Additional new investors, the Federated Hermes Kaufmann Funds, and Arrowmark Partners, along with existing investors, Fairmount, Wellington Management, Rock Springs Capital, Pivotal bioVenture Partners, Vivo Capital, Quan Venture Fund, and Superstring Capital participated in the financing. In conjunction with the financing, SR One venture partner, Jake Nunn and Delos Capital Partner, Tim Xiao joined Zenas’ Board of Directors. Zenas BioPharma committed to becoming a leader in the development and commercialisation of inflammation and immunology-directed therapies, aims to improve the lives of those facing autoimmune and rare diseases. -- BERNAMA From Left: Ong Kian Yew, CEO of PIKOM, Ahmad Izham Khairuddin of Cybersecurity Malaysia, Emmanuel Hervé,BSI ASEAN Managing Director, Datuk Ts. Dr. Haji Amirudin Abdul Wahab, CEO of Cybersecurity Malaysia, Taufik Nurhidayat, Head of Indonesia National CSIRT of BSSN, Victor Lo, Head of Digital Tech, Digital Industry Acceleration Division, MDEC and Dr. Roshaliza Rosli, Ecosystem Manager, Digital Tech Department of MDEC KUALA LUMPUR, May 10 (Bernama) -- The Digital TRUST Model for Digital Prosperity Roadmap that was presented at the recently held Future of Cybersecurity Summit (FOCS) 2024 by PIKOM Cybersecurity Chapter, will be critical for stakeholders to address the dynamic nature of cybersecurity challenges, including newly emerging threats, evolving policies, technological advancements, and changing economic and social factors.
The Roadmap was the highlight of the Roundtable on the Digital Trust Model at the Summit, and is set to be a key reference point for stakeholders to collaboratively shape a trusted digital future. A key emphasis of the Roadmap was the need for a cohesive ecosystem of digital trust, without which the potential benefits of the intelligent economy will remain unrealised. In the era of widespread adoption of Artificial Intelligence (AI), driven by the proliferation of data analytics and AI innovations, the global landscape is undergoing a profound shift towards an Intelligent World. This transformation includes the emergence of Generative AI (GenAI) as a game changer with significant impact on the economy and society to drive unimaginable increases in productivity and output. In this landscape, digital trust is crucial for economic development. Without robust cybersecurity measures, trust in the intelligent world will remain low, impacting the growth of economies and the willingness of consumers to participate in a digitally connected economy. The Digital TRUST Model for Digital Prosperity Roadmap also establishes that achieving digital trust cannot be based on certain values or principles. In a multicultural world, these perspectives are too diverse and cannot be governed by a one-size-fits-all approach thus necessitating a nuanced and inclusive approach to building trust in the digital era. Additionally, creating digital trust is a process and must be done in a structured manner. It requires the collective commitment of representative stakeholder voices responsible for establishing a cybersecurity ecosystem that will enhance the quality of life in the intelligent world. The diverse range of stakeholders that need to be engaged include Governments, businesses, academia, technology experts, civil society organisations, and individuals. Personal Data Protection (PDP) Commissioner Professor Dr Mohd Nazri Bin Kama stated in his foreword, “In an era where the digital realm permeates every facet of our lives, the question of data privacy and cybersecurity looms large. It is a question that demands not just technical solutions, but a collaborative approach, a shared vision, and a global language. And within this complex landscape, the publication of the Digital TRUST Model for Digital Prosperity is a timely roadmap towards a safer, more prosperous digital future.” Executive Director of ASEAN Foundation Dr Piti Srisangnam said in the preface, “The Digital TRUST model recognises that achieving GenAI's full potential requires a shared commitment from all stakeholders. From the development of ethical and responsible AI technologies to the promotion of digital literacy and data security, collective action is essential. By collaborating across sectors and borders, we can ensure that GenAI benefits all of humanity, bridging the digital divide and fostering a global community united in progress.” Taufik Nurhidayat, Chairman of Id-SIRTII BSSN from Indonesia mentioned, "BSSN welcomes discussion and collaboration on best practices as well as globally recognized standards and frameworks to support cyber security. “Governments, associations, and industry players learned valuable lessons from the launch of the DIGITAL TRUST model framework at FOCS 2024, and we hope that cybersecurity levels will continue to be improved in the future to create a safe and trusted digital ecosystem." Chairman of PIKOM Mr Ong Chin Seong said, “Digital TRUST Model for Digital Prosperity is more than just a roadmap; it is a clarion call to action. It challenges us, the industry, to rise to the occasion, to embrace our role as active participants in shaping a secure, inclusive, and prosperous digital future. We must lead by example, championing best practices, nurturing talent, and fostering collaboration.” As rapid technological evolution reshapes societal dynamics, the Digital TRUST Model will be a strategic guide to shape Malaysia’s policies in the development of an Intelligent Economy within an Intelligent World, with digital trust as the fundamental prerequisite at the core of this progress. For the full copy of the roadmap, please visit https://pikom.org.my/research-white-paper/ About PIKOM PIKOM, THE NATIONAL TECH ASSOCIATION OF MALAYSIA, is the association representing the technology industry in Malaysia. Its membership currently stands at more than 1,000 active companies involved in a whole spectrum of tech products and services, and which command 80% of the total TECH business in Malaysia. For more information, visit www.pikom.org.my Source: Persatuan Industri Komputer dan Multimedia Malaysia (PIKOM) FOR MORE INFORMATION, PLEASE CONTACT: Name: Ong Kian Yew, CEO, PIKOM Tel: 03-76220079 / 012-2050879 Email: [email protected]/[email protected] --BERNAMA KUALA LUMPUR, May 10 (Bernama) -- The Green Building Index (GBI), Malaysia's International Green Benchmark, successfully organised its International Series 2024 which was attended by over 200 participants from various sectors of the building and associated industries. Held at the PAM Centre in Bangsar on 9 May 2024, the first GBI International Series for the year featured key speaker, architect Seah Chee Huang, CEO of DP Architects Pte Ltd from Singapore.
Carrying the theme “Synthesis and Synergy: Towards Better-than-Sustainable Outcomes”, Seah’s presentation examined sustainability and green buildings in the larger context of urban ecosystems, focusing on the emerging model of the integrated community hub in Singapore as a potential vehicle to achieve better-than-sustainable outcomes, towards regenerative urban estates and refreshing neighbourhoods. Through built case studies, Seah shared the way these nodal developments leverage their unique urban settings, multi-stakeholder framework and programmatic offerings to foster inclusive and sustainable communities through context-specific integration. From policy to participation, these urban prototypes also offer an investigation into the whole-of-society approach for a paradigm shift to achieve synergistic harmonisation of urban, social and natural systems. GBI started the International Series in 2010, one year after its inception. Over the years, GBI has invited speakers from various parts of the world to share their research, experience and expertise in their respective areas of sustainable development. The International Series events have seen very encouraging response and are in line with GBI’s mission, embracing a green agenda of fortifying, forging and propagating. The GBI International Series 2024 also coincided with GBI’s 15th Anniversary this year. Earlier in his welcoming remarks, GBI Board Member, Ar. Dr. Tan Loke Mun, gave an inspiring account of GBI’s 15-year journey, from purpose to inception, establishment and acceptance by the country’s building industry as the pioneer and leading green building rating tool recognised by the Malaysian Government and supported by the Malaysia Green Building Council (malaysiaGBC). The event also featured a detailed update by Ar. Chan Seong Aun, GBI Accreditation Panel Chairman, on GBI including on upgrades and development of several GBI rating tools. As of March 2024, GBI has certified 692 buildings throughout Malaysia covering a total gross floor area or 312 million square feet, contributing towards saving 1.8 million tonnes of carbon emission annually. Speakers from the event’s two sponsoring organisations, Ms. Kaveta Chelliah, Head of Sustainability Engineering, Opus Consultants of UEM Edgenta, and Mr. Roy Heong Beng Wai, Head of Strategic Partnerships and Innovation of Alliance Bank Malaysia Berhad, shared their respective programmes, facilities and services available for green building industry practitioners and owners in pursuing their sustainability agenda. The GBI International Series 2024 was supported by Pertubuhan Akitek Malaysia (Malaysian Institute of Architects), Association of Consulting Engineers Malaysia, malaysiaGBC, Malaysian Green Technology and Climate Change Corporation, and Malaysian Institute of Interior Designers. GBI Board Chairman, Ar. Abu Zarim Bin Abu Bakar, presented certificates of appreciation to representatives of the respective supporting organisations. Source: Greenbuildingindex Sdn Bhd FOR MORE INFORMATION, PLEASE CONTACT: GBI secretariat Name: Wan Nurul Ain Wan Sazali (Wan Ain) Senior Executive Strategic Marketing & Industry Training Tel : +603 2201 6066 | M: +6017 915 0362 Fax: +603 2201 8566 Website : www.greenbuildingindex.org --BERNAMA At Future Energy Asia, the global engineering, construction and consulting leader will propose how a range of international best practices can be adapted to advance regional decarbonization
BANGKOK, May 9 (Bernama-BUSINESS WIRE) -- Asia Pacific must rapidly identify and adopt the next generation of low-carbon and scalable infrastructure to accelerate its decarbonization progress, says Black & Veatch, a global leader in critical infrastructure solutions. The next stage of renewable energy and alternative fuel development to achieve lower carbon emissions is complex. Many renewable energy project sites will be larger and more challenging. They will often be in remote areas that will need to be connected to the grid. New energy sources for both export and renewable energy for green hydrogen developments will challenge existing commercial models. Additionally, decommissioning and repurposing of coal infrastructure into essential “bridging” decarbonization assets will require financing that is fair and just to local people and businesses. “Nevertheless, ample opportunities exist in the Asia Pacific to integrate a mix of different generation, transmission, and distribution technologies at the right price point and at the right time to achieve commercial and environmental success,” said Narsingh Chaudhary, President, Asia Pacific and India, Black & Veatch. “Black & Veatch has been at the forefront of building critical energy infrastructure for several decades and is committed to supporting the rising energy needs in Asia Pacific with low and no-carbon energy sources,” said Chaudhary. As Asia Pacific economies transition from a carbon-based economy to an electron- and molecule-based one, the region must find the right energy mix for near-term requirements and long-term change. Different levels of access to energy resources and differing energy needs demand a broad range of solutions. Liquefied natural gas (LNG) can support the shift from coal and the additional energy mix needed to fuel economic growth in developing markets. Energy storage technologies, like Battery Energy Storage Systems (BESS) and Pumped Storage Hydropower (PSH), enhance energy security by balancing sudden and significant drops in power production from variable renewable energy resources to improve grid reliability and stability. In the longer term, hydrogen has the potential to provide seasonal energy storage and serve as the missing link for utilities, commercial businesses, and industries seeking to operate sustainably. Better-planned and designed transmission systems, including interconnection lines, interconnection substations, and switching facilities, will help Asia Pacific address voltage and frequency variability and grid code requirements across the grid. At Future Energy Asia 2024, Chaudhary will present global best practices for scaling low-carbon technologies in carbon reduction. Chaudhary will share his insights on the role of gas and LNG as a transition fuel. Other topics Black & Veatch subject matter experts will discuss at Future Energy Asia include: · Enabling integration of renewable energy with smart grid technologies · Cross-industry collaborations advancing climate action, solutions and innovations · Optimizing solar PV and BESS deployments · Green hydrogen utilization Contact Black & Veatch for more information. About Black & Veatch Black & Veatch is a 100-percent employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure assets. Follow us on www.bv.com and on social media. View source version on businesswire.com: https://www.businesswire.com/news/home/20240507220701/en/ Contact Media Contact Information: EMILY CHIA | +65 6335 6623 P | +65 9875 8907 M | [email protected] 24-HOUR MEDIA EMAIL | [email protected] Source : Black & Veatch --BERNAMA PUTRAJAYA, May 8 (Bernama) -- Heriot-Watt University Malaysia (HWUM) is delighted to announce the appointment of Mr Andrew Sill as the Chair of its University’s Board of Directors, effective 1st May 2024.
Bringing with him over three decades of experience as an international banker across diverse markets including Malaysia, Singapore, India, Thailand, Indonesia, and the United Kingdom, Mr Sill assumes his new role with a wealth of expertise in strategic leadership, cross-border connectivity, and revenue growth. Professor Richard A. Williams, Principal and Vice-Chancellor of Heriot-Watt University, welcomed Mr Sill's appointment, emphasising the invaluable contribution his experience will bring to the University's global vision. Professor Williams said: "Mr Sill's wealth of experience in the banking industry, alongside his leadership roles at prominent global firms such as RBS Malaysia and Commercial Banking at HSBC in Malaysia, equips him with invaluable insights. His expertise will greatly contribute to our mission of driving global impact through groundbreaking research and innovation”. Professor Mushtak Al-Atabi, Provost and Chief Executive Officer of Heriot-Watt University Malaysia, said: “I’m confident that Mr Sill’s ability to drive excellence will support our University’s aspirations. As a new Chair of Board of Directors, he will play a pivotal role in advancing our vision for purpose-driven education and will greatly bolster our ongoing development in Malaysia and beyond”. Commenting on his appointment, Mr Sill, said: “I’m honoured to join Heriot-Watt University Malaysia, and look forward to working with the Board to strengthen Heriot-Watt’s footprint and enhance the University’s offering in the region. “As a British citizen residing and working in Malaysia since 2008, I am excited about the opportunity to support the University's continued growth and development of world-class learning opportunities in Malaysia and beyond. Education has the power to transform lives and I’m delighted to be part of an institution that is committed to excellence and innovation globally”. Throughout his career, Mr Sill has been recognised for his outstanding contributions to the banking sector and international trade. His tenure as Chairman of the British Malaysian Chamber of Commerce (BMCC) from 2015 to 2020 underscores his dedication to fostering collaboration and facilitating trade and investment growth between nations. In recognition of his service, he was appointed MBE (Member of the Order of the British Empire) by the late Queen Elizabeth II in September 2020. For more information on Heriot-Watt University Malaysia and its world-class programmes, kindly visit https://www.hw.ac.uk/malaysia/. Source: MNAIR PR CONSULTANCY SDN BHD http://mrem.bernama.com/viewsm.php?idm=48532 |
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