TOKYO, Jan 26, 2023 - (JCN Newswire via SEAPRWire.com) - Kurita Water Industries Ltd. and Hitachi, Ltd. recently concluded a memorandum of understanding (MOU) after reaching an agreement on launching a co-creation to implement solution in society and build an ecosystem with a focus on manufacturing industry and with a view to a sustainable society. The two companies will accelerate efforts to implement solutions in society for realizing "zero environmental impact" in the supply chain by combining solutions and technologies and partnering other companies and organizations that sympathize with the vision.Concept of co-creation between Kurita Water Industries and HitachiDetails of the co-creationThe two companies will define social value with a focus on the manufacturing industry, and provide solutions to customers by creating a value creation model that combines Kurita's diverse points of contact with customer sites in a wide range of industries, water treatment and waste reduction technologies, and digital solutions with Hitachi's technologies and expertise, including Lumada(1) solutions such as environmental data visualization, analysis, and environmental impact reduction technologies (ex. energy circulation using hydrogen).For example, the two companies aim to build a supply chain that maximizes the value of resources by considering organic waste from manufacturing process of food factories etc. as resources and combining the two companies' upcycling/energy recovery technologies and the Lumada Solution as a mechanism for verifying the circulation of resources.The two companies will continue to discuss a variety of themes for the co-creation, and will also actively work to build an ecosystem with companies who agree with their vision by utilizing Hitachi's Lumada Alliance Program(2). Through these activities, Kurita and Hitachi will address challenges such as the preservation and improvement of water resources and sustainable energy use and will contribute to achieving a sustainable society.BackgroundThe United Nations adopted the SDGs in 2015. The Paris Agreement is a new international framework for causes such as a reduction of greenhouse gas emissions. The Japanese government advocates Society 5.0. These initiatives, among many others aimed at making society sustainable and enhancing people's Quality of Life, have accelerated in recent years. Social issues have grown more extensive and require more advanced action. In addition to advances in the digitalized society, these changes will increasingly gain momentum after the COVID pandemic and other catalysts.Initiatives leading to co-creationKurita is committed to solving social issues through its business activities in the areas of water and the environment by means of many different solutions created from the "water knowledge" which the Company has accumulated for many years. The Company creates social value by focusing on the development of products, technologies and business models that are significantly effective in saving water and reduction of CO2 emissions and waste and contribute to achieving SDGs and their specific targets.Hitachi combines product/OT(3), which it has accumulated for many years as a manufacturer, with IT and offers Lumada solutions that accelerate DX (digital transformation) through co-creation with customers. By doing so, the Company develops a social innovation business to maintain society within the planetary boundary and help each individual to achieve wellbeing while contributing to solving ever-complex social issues.Kurita and Hitachi, with an eye toward a sustainable society in response to the changing society, concluded that both of their technologies and expertise would contribute to increasing value for customers and society. Since March 2021, the two companies have been discussing the possibility of co-creation by using Hitachi's unique Lumada co-creation approach that generates new value and ideas not seen before. This led to the recent conclusion of MOU after the both companies reached an agreement on accelerating the efforts to implement in society the solutions for achieving "zero environmental impact" in the supply chain through the combining of the two companies' solutions and technologies and gaining partners in pursuit of creating businesses to build an ecosystem.The two companies have already started working on co-creation in DX for the management of steel mill raw material yards(4). After the recent conclusion of the MOU, the scope of discussion for realization of sustainable society will be expanded and the co-creation will be accelerated.(1) Lumada: A collective term for solutions, services and technologies based on Hitachi's advanced digital technologies for creating value from customers' data accelerating digital innovation (2) Lumada Alliance Program: A program for building an ecosystem through a community of open innovation characterized by matching with many different partners, with the aim of accelerating social innovation to solve the social issues that would be hard for a single company alone to solve and thereby create value(3) OT: Operational Technology(4) A news release published by Kurita Water Industries and Hitachi on September 27, 2022 "Kurita Water Industries and Hitachi Launch DX Co-creation for Managing Steel Mill Raw Material Yards"About Kurita Water Industries Ltd.Based on our corporate philosophy to "study the properties of water, master them, and create an environment in which nature and humanity are in harmony," Kurita provides customers with value to realize a sustainable society through our business activities in water and the environment. Seeing CSR as central to our business management, we operate under the four themes of "Solve issues related to water resources," "Realize sustainable energy use," "Reduce waste," and "Advance industrial production technologies" to create value throughout society and provide customers with products, technologies, and a business model making major contributions to water conservation, reducing carbon emissions, and reducing waste.In fiscal 2021 (the year ended March 2022), Kurita had consolidated sales revenue of 288.2 billion yen. As of March 2022, the Company has 70 consolidated subsidiaries employing 7,661 people worldwide.Visit the Kurita website for more information (www.kurita.co.jp/english/index.html).About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company's consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at www.hitachi.com. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
ZURICH, SWITZERLAND, Dec 20, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, recently announced it has won an order to supply its Grid- eMotion Flash ultrafast charging system for the two busiest bus routes in the city of Clermont- Ferrand, central France.Grid-eMotion Flash was the first choice of the city's public transportation operator, SMTC-AC, which requires a fast, efficient, reliable and safe charging system that will help persuade motorists to leave their cars at home and use emission-free public transportation instead.Grid-eMotion Flash is part of the city's InspiRe(1) program to create sustainable urban mobility and reduce emissions, congestion and noise in the metropolitan area. It includes 40 new ebuses, dedicated bus lanes to shorten passenger journeys, very short intervals between buses in timetables, and no interruptions in bus services due to discharged batteries. As a result, SMTC-AC aims to raise passenger satisfaction and significantly increase the number of passenger journeys from 32 million today to 52 million by 2032(2). The new electric transportation system, integrated into a complex urban environment, will reduce CO2 emissions by around 5,000 tons a year.Grid-eMotion Flash - Hitachi Energy's ultrafast charging system - is enabling cities to reduce the environmental pollution of their transit systems without affecting passenger capacity or journey times. It flash-charges buses within seconds at selected stops, with ultrafast top-up charging during short rests at the route terminus and the depot."We are delighted to have won this prestigious order to help one of France's historic cities switch from fossil-fueled public transportation to emission-free electric buses," said Niklas Persson, Managing Director of Hitachi Energy's Grid Integration business. "We share the same vision and values as Clermont-Ferrand - that electric public transportation leads to a sustainable energy future and a better quality of life for the people who live and work in the city."Grid-eMotion Flash is part of the electric transportation system in Nantes, France, which earlier this year won the industry's highest award for operational and technological excellence from UITP, the leading global trade organization for public transportation(3). The Nantes flash charging system has also been featured by the BBC in its Humanising Energy(4) series on innovation in the world of energy.Hitachi Energy was awarded the order by ebus manufacturer HESS of Switzerland. The two companies have previously collaborated on ebus and flash charging solutions for Brisbane in Australia, Geneva in Switzerland and Nantes in France. Grid-eMotion solutions are already operating or under development in Australia, Canada, China, India, the Middle East, the United States and several countries in Europe.The Grid-eMotion portfolio includes Grid-eMotion Fleet, a grid-code compliant and space- saving grid-to-plug charging solution that can be installed in existing depots and scaled flexibly as the fleet gets greener. It comprises a robust and compact grid connection and charging points, and is available for buses and commercial vehicle fleets, including last-mile delivery and heavy-duty trucks that require high power charging of several megawatts.Both Flash and Fleet are equipped with configurable smart charging digital platforms that can be embedded with larger fleet and energy management systems. Additional offerings from Hitachi Energy for electric vehicle charging systems include e-mesh energy management and optimization solutions and Lumada APM, EAM and FSM solutions to help transportation operators make informed decisions that maximize uptime and improve efficiency.In the past year, Hitachi Energy has won orders from customers and partners all over the world for its smart charging portfolio - a sign that Grid-eMotion is changing the e-mobility landscape for electric buses and commercial vehicles.Hitachi Energy websiteGrid-eMotion portfolio: bit.ly/3FJExVSGrid-eMotion Flash: bit.ly/3WaNGhrGrid-eMotion Fleet: bit.ly/3YypM0O (1) InspiRe: https://inspire-clermontmetropole.fr/(2) Figures supplied by SMTC-AC(3) bit.ly/3PGy0Qj(4) www.bbc.com/storyworks/humanising-energy/charging-forcesAbout Hitachi Energy Ltd.Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 40,000 people in 90 countries and generate business volumes of approximately $10 billion USD.www.hitachienergy.comwww.linkedin.com/company/hitachienergyhttps://twitter.com/HitachiEnergyAbout Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company's consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
ZURICH, SWITZERLAND, Nov 10, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy announced today it will provide the world's first sulfur hexafluoride (SF6) free 420-kilovolt (kV) gas-insulated switchgear (GIS) technology and a state-of-the-art modular prefabricated grid connection solution at a key node at TenneT's power grid in Germany, supporting the leading European grid operator to achieve its carbon neutrality goals.This project covers a major grid connection upgrade which significantly extends the operating life of existing power assets to ensure the longevity and continued efficiency of the existing power infrastructure. The global technology leader will deliver innovative EconiQ 420 kV(1) GIS that uses a game-changing technology that eliminates SF6 with reliable and scalable solutions for the lowest carbon footprint.TenneT is a major transmission system operator in the Netherlands and Germany, supplying power to some 42 million homes and businesses in both countries. The company aims to be a driving force behind the energy transition by investing in eco-efficient technologies to reduce greenhouse gas emissions. As a transmission system operator, TenneT is a key player on the historic path to a safe, reliable and carbon-free energy system.To support TenneT on its transition to SF6-free solutions, Hitachi Energy will contribute pioneering technologies, unique system integration capabilities, engineering expertise and extensive experience with local grid code requirements to strengthen the grid connection at the 220-megawatt (MW) Erzhausen pumped storage power plant near Hanover. This project uses Building Information Modeling, a consolidated and collaborative digital working method that allows decision-based 3D modeling and improves facility management via a digital twin for the life cycle of the power asset. The entire project will be completed in 2026.In this project, Hitachi Energy will install three bays of EconiQ 420 kV GIS to enable the transmission of large amounts of electricity over long distances while eliminating significant volumes of SF6. This eco-efficient innovation remains similar in size while being 100 percent as reliable as the conventional GIS solution based on SF6. This installation will effectively avoid the addition of nearly 2,300 kg of SF6, equivalent to removing the CO2 emissions of around 1,150(2) passenger vehicles per year."We are proud to collaborate with TenneT in their efforts to accelerate the energy transition and strengthen the power infrastructure in Germany," said Claudio Facchin, Chief Executive Officer of Hitachi Energy. "At Hitachi Energy, we are championing the urgen cy of the energy transition through innovation and collaboration. Through our modular prefabricated grid connections and EconiQ high-voltage switchgear technology, we are supporting our customers to reduce their carbon footprint and enabling a more sustainable, flexible and secure energy system."EconiQ(3) is Hitachi Energy's eco-efficient portfolio for sustainability, where products, services and solutions are proven to deliver exceptional environmental performance. Hitachi Energy has placed sustainability at the heart of its Purpose and is advancing a sustainable energy future for all. (1) bit.ly/3ULMmjW(2) Based on the assumption that a passenger vehicle emits 19 kg CO2 equivalent per 100 km and drives 10,000 km per year.(3) www.hitachienergy.com/sustainability/econiqAbout Hitachi Energy Ltd.Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 40,000 people in 90 countries and generate business volumes of approximately $10 billion USD. www.hitachienergy.comwww.linkedin.com/company/hitachienergy https://twitter.com/HitachiEnergyAbout Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company's consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at www.hitachi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Nov 9, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it has signed a strategic collaboration agreement with Equinor, one of the world's largest energy companies, to collaborate within electrification, renewable power generation and low-carbon initiatives worldwide.The agreement underlines both companies' commitment to accelerate the energy transition and advance a more sustainable, flexible and secure energy system. It builds on the two companies' long and successful collaboration over many decades. During that time, Hitachi Energy has provided Equinor with power grid solutions and pioneering technologies on several projects, such as Dogger Bank A, B and C, the world's largest offshore wind farm on completion, and Troll A, the world's first HVDC power-from-shore connection.Initial areas of focus for the collaboration include developing standardized base designs to be applied for high-voltage direct current (DC) and alternating current (AC) transmission systems to connect offshore wind farms and Equinor production facilities to mainland power grids."We are delighted to deepen our longstanding relationship with one of the world's leading energy companies and to help Equinor achieve its ambition of becoming net zero by mid- century," said Niklas Persson, Managing Director of Hitachi Energy's Grid Integration business. "Together we make a strong team that will support the society to reach the goal of the Paris Agreement and create a sustainable energy future for all.""Hitachi Energy has been a reliable supplier to Equinor for many years. This strategic collaboration agreement is a signal of joint ambitions to increase our competitiveness in the ongoing energy transition. Standardization of technical solutions will be a key to succeed, and we look forward to improving together with Hitachi Energy," said Geir Tungesvik, Executive Vice President for Projects, Drilling and Procurement at Equinor.The scope of the agreement covers the complete spectrum of Hitachi Energy's portfolio of power grid technologies and solutions. It includes IdentiQTM, Hitachi Energy's digital twin for high-voltage direct current (HVDC) and power quality solutions, which provides significant benefits throughout the assets' plan, build, operate and maintain life cycle; Grid-eXpandTM modular and prefabricated offshore and onshore grid connections that make it faster, simpler and more efficient to connect facilities to the grid; OceaniQTM solutions such as transformers and high-voltage products that can operate flawlessly on land, offshore and below the sea surface; and grid automation solutions that keep onshore and offshore electrical assets operating reliably, safely and securely.Hitachi Energy's HVDC solution combines world-leading expertise in HVDC converter valves; the MACH digital control platform(1), converter power transformers and high-voltage switchgear; as well as system studies, design and engineering, supply, installation supervision and commissioning.HVDC Light is a voltage source converter technology developed by Hitachi Energy. It is the preferred technology for many grid applications, including interconnecting countries, integrating renewables and "power-from-shore" connections to offshore production facilities. HVDC Light's defining features include uniquely compact converter stations and exceptionally low electrical losses.Hitachi Energy pioneered commercial HVDC technology almost 70 years ago and has delivered more than half of the world's HVDC projects.(1) Modular Advanced Control for HVDC (MACH)HVDC website: www.hitachienergy.com/offering/product-and-system/hvdcAbout Hitachi Energy Ltd.Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 40,000 people in 90 countries and generate business volumes of approximately $10 billion USD.www.hitachienergy.comwww.linkedin.com/company/hitachienergyhttps://twitter.com/HitachiEnergyAbout Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company's consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at www.hitachi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
Singapore, November 02, 2022 – (SEAPRWire) – EasyMM, an affordable and transparent market-maker for digital assets, has launched a new algorithm. EasyMM is available to all participants at a considerably lower price as the most organic and sustainable market-making algorithm. EasyMM introduces a new era in the crypto space, where supporting volumes in order books cannot fulfill a crypto project’s requirements. EasyMM will make trading more sustainable, dispelling user participation or involvement while delivering organic-looking charts and data. EasyMM promises faster set-up, complete customization, competitive price, and stability. According to the CEO, Corneliu Buncuic, EasyMM is working tirelessly to onboard more clients while delivering sublime market results. “We believe till the end of 2022 to increase the number of active clients to 200+. Due to our market-making algorithm, we gained 100+ active clients. And, what is more important – we continue to work with them because of the sustainability of our algorithm.” “Now, in the period of extensive growth, our prices are at the bottom of the market. After obtaining 300+ clients, we plan to raise the price to the middle of the market or higher (Only for the new clients, not for existing ones),” said the CEO, Mr. Buncuic. Affordable Market-making Services EasyMM delivers clear, concise, organic-styled bars and trade volumes in addition to green scores on crypto analytics websites like CoinGecko and CoinMarketCap. Additionally, EasyMM helps clients reduce, to the barest minimum, price drops even in the face of enormous sell pressure. Easy MM has recorded impressive results in a short time—85% client retention rate, 90+ exchanges, 90% lower prices than competitors, and over 100 users. Despite the significant growth in all areas, EasyMM has maintained a considerably lower price. However, the team plans on raising the price after 300+ clients as part of its plan to run a genuinely sustainable platform. EasyMM’s affordable market-making service is intentional. The team prioritizes user satisfaction and experience, providing them with transparent, sustainable, and incredibly affordable digital assets market-making tool. About EasyMM EasyMM is an organic-looking, affordable digital asset market-making platform. Designed to provide a sustainable and affordable solution, EasyMM currently offers the lowest price in the market. This emerging platform has recorded significant growth in some vital areas, and the team is working to improve its products and offering for users continuously. Media Contact Brand: EasyMM Contact: Corneliu Buncuic, CEO Email: official@easymm.io Website: https://www.easymm.io/ SOURCE: EasyMM The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
SINGAPORE, Oct 25, 2022 - (ACN Newswire via SEAPRWire.com) - Sustainability consultancy RHT Green and strategic advisory firm RHT Consulting Asia have entered into a Memorandum of Understanding (MOU) with the Ministry of Environment and Sustainable Development of the Democratic Republic of Congo (DRC) to support the implementation of multisectoral sustainable development projects in the central African country.H.E. Deputy Prime Minister for the Environment and Sustainable Development, Democratic Republic of Congo (centre), during her visit to ONERHT's office in SingaporeRHTLaw Asia and RHT Group of Companies, which includes RHT Green and RHT Consulting Asia (collectively "ONERHT"), welcomed the delegation of Her Excellency Eve Bazaiba, Deputy Prime Minister for the Environment and Sustainable Development of the DRC on her maiden visit to Asia.Hosted by ONERHT, Her Excellency was briefed on Singapore's approach to sustainable development and exchanged ideas for sustainable development and green growth in the DRC. The MOU marks the culmination of discussions between the parties on sustainable value creation strategies and efforts to design effective environmental policies for the DRC's sustainable economic development and growth. As appointed partners of the Democratic Republic of the Congo, RHT Green and RHT Consulting Asia will support the Ministry of Environment and Sustainable Development by advising on planning, policies, regulations, and solutions to address the DRC's challenges across economic development, free trade and environmental protection. Mr Wee Boon Siong, Chief Executive Officer of RHT Green, said, "We are happy to work together with the DRC government on environment and sustainability. The DRC has a huge rainforest, the 2nd largest in the world, next to the Amazon, and it is an important carbon sink for our planet. It also has large mineral reserves which are the necessary components of many renewable industries. Cobalt, copper, nickel, lithium and rare earth elements (REEs) are all essential for producing electric vehicle batteries, harnessing solar power, wind energy, and other applications to reduce the reliance of consumers and industries on fossil fuels. These are important factors to take into account for planning and policies."The MOU also focuses on examining the DRC's policies and regulations, establishing a free trade zone, and exploring sustainability technology solutions. It reflects potential synergies between Singapore's track record in balancing finance, economic and sustainability solutions, and the resource-rich DRC, offering more opportunities for future collaboration and partnerships.Mr Victor Tay, Group Chief Executive Officer of RHT Consulting Asia said, "Singapore's economic development experience spanning close to 60 years since its Independence is a case study on how countries must find an economic strategy that aligns with their competitive advantage in the global economic environment. Along the way, Singapore had to address the challenges while adapting to trends in the global economic environment, evolving from a transhipment hub to become a manufacturing gateway to Asia, globalised financial hub, and now a Fintech hub while balancing emphasis on ESG (Environmental, Sustainability and Governance)." Mr Tay added, "We will share Singapore's economic development experience and the institutionalised knowledge of the last six decades with the DRC, taking into account its competitive advantages as well as the challenges unique to it." About ONERHTThe ONERHT Universe is an integrated multidisciplinary platform of professional services. Collaborating as ONE, we seek to be a beacon of growth for our clients, stakeholders and communities, empowering them to achieve purposeful growth in Asia and beyond. RHTLaw Asia LLP is a Singapore law practice registered as a limited liability law partnership in Singapore. A leading full-service firm with industry focus, it has presence in 16 jurisdictions through the ASEAN Plus Group. In delivering innovative legal and commercial solutions, it collaborates with ONERHT through entities which are not affiliates, branches or subsidiaries of RHTLaw Asia LLP. For more information, please visit www.onerht.com Issued on behalf of ONERHTBy Waterbrooks Consultants https://www.waterbrooks.com.sg/For media enquiries, please contact:Elliot Siow+65 8375 0417elliot@waterbrooks.com.sg Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Sep 16, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi, Ltd. (TSE: 6501) has published "Hitachi Integrated Report 2022" and "Hitachi Sustainability Report 2022" as communication tools for stakeholders.6 material topics,15 sub-material topics and targetsHitachi considers the Integrated Report as a tool to mainly disclose Hitachi's value creation story. The "Hitachi Integrated Report 2022" was created based on our hope to give our stakeholders a better understanding of Hitachi's vision and create value by encouraging further dialogue. This report describes Hitachi's future vision, management, and business strategies under the Mid-term Management Plan 2024(1). In addition, the report highlights the measures Hitachi is taking to realize a sustainable society.The Sustainability Report discloses Hitachi's approach to sustainability and reports the ESG- related information comprehensively. The "Hitachi Sustainable Report 2022" highlights the specific measures that Hitachi is taking to promote sustainable management under the newly strengthened sustainability management structure.The key point of these reports is the clarification of six critical issues (material topics) in sustainable management in light of global initiatives and the expectations and needs of stakeholders. The Senior Executive Committee and Board of Directors will further discuss these issues during their meetings, along with the business strategies described in the Mid- term Management Plan 2024.Hitachi will fulfill its responsibility to stakeholders by disclosing information in a fair and highly transparent manner, and by conducting various communication activities.Key point of disclosure: Clarification of material topicsSetting out from a comprehensive understanding of social issues, Hitachi has identified 6 material topics and 15 sub-material topics based on an analysis of risks and opportunities from a sustainability perspective as well as feedback from stakeholders. Please see page 15 of each report for more details.(1) April 28, 2022: Mid-term Management Plan 2024 www.hitachi.com/New/cnews/month/2022/04/220428/f_220428pre.pdfHitachi Integrated Report 2022Englishwww.hitachi.com/IR-e/library/integrated/ Japanesewww.hitachi.co.jp/IR/library/integrated/Hitachi Sustainable Report 2022Englishwww.hitachi.com/sustainability/download/ Japanesewww.hitachi.co.jp/sustainability/download/About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company's consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at www.hitachi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO and ZURICH, Aug 25, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi, Ltd. (TSE: 6501) and Hitachi Energy are proud to share a preview of the advanced technologies and experiences at CIGRE Session 2022, a major global event for power systems, taking place in Paris from August 28 to September 2, 2022. A major theme is the shared commitment to powering good with social innovation and advancing a sustainable energy future for all.In a global effort to transition towards a sustainable energy system, Hitachi is working very closely with its customers and partners to develop the necessary solutions to accelerate this transition. In an important landmark, both Hitachi, Ltd. and Hitachi Energy will exhibit together at this live event for the first time (Booth S232). During the conference, the combined experts will share more than 50 papers across the energy sector's most critical topics.The company will be launching and showcasing new innovations for sustainability and enhanced digital capabilities:- EconiQ, eco-efficient portfolio which is proven to deliver an exceptional environmental performance compared to conventional solutions. It will be expanding its extensive EconiQ high-voltage portfolio that eliminates sulfur hexafluoride (SF6). The EconiQ range also includes transformers that are eco-efficient by design, optimized to address sustainability contributing to decarbonization, enhancing safety, protecting surrounding ecosystems and responsible use of resources.  Through EconiQ services, environmental impact and carbon footprint throughout the lifecycle are significantly reduced.- Grid-eXpandTM is a new comprehensive range of modular prefabricated air-insulated and gas-insulated grid connection solutions. They are engineered, assembled, and factory-tested before delivery, ready for fast and easy energization on-site, hence reducing greatly the installation time and accelerating the transition to a sustainable energy system.- IdentiQ digital twin solutions for high-voltage direct current (HVDC) and power quality portfolio enable cross-team digital collaboration to accelerate project execution and minimize project risks IdentiQ also provides relevant asset information, analytics, and operational data in an intuitive and easy-to-navigate dashboard, which users can customize to match their needs.- Lumada Inspection Insights, the end-to-end portfolio of digital solutions for the inspection, monitoring and optimization of critical assets. Pioneered by Hitachi Energy and Hitachi Vantara, Lumada Inspection Insights enables the automation of asset inspection, supports sustainability goals, improves physical security, and reduces risks.- OceaniQ, company's innovative portfolio that addresses the unique challenges of the offshore environment for reducing costs, increasing safety and improving efficiency."Today we are seeing an increased urgency to strengthen, expand and evolve the power grid, and we are delivering on our future grid promises and supporting the acceleration of the energy transition," said Claudio Facchin, CEO of Hitachi Energy. "We are pushing the boundaries with innovative technology and new business models, collaborating with customers and partners to advance a sustainable energy future for all," he added.Together, these technologies validate the momentum behind Hitachi Energy's commitment to deliver real customer outcomes and enable a more sustainable, flexible, and secure energy system. In our latest thought leadership journal "Perspectives", we are commonly sharing our views together with customers like SSE and with industry associations like WindEurope and these perspectives are living proof of our pioneering spirit, enabling us to bring visions and plans, such as an offshore European grid, to reality. Both Hitachi and Hitachi Energy are recognized as pioneering technology leaders with some of the industry's most advanced clean energy and digital solutions that can be offered through the combination of IT and operational technology.About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company's consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.About Hitachi Energy Ltd.Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD. https://www.hitachienergy.comhttps://www.linkedin.com/company/hitachienergy https://twitter.com/HitachiEnergy Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
FARNBOROUGH, United Kingdom, Jul 20, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd (MHI) and Boeing [NYSE: B.A.] announced they will build on their decades-long partnership and collaborate on achieving the world's ambitious climate targets. The memorandum of understanding (MOU) is focused on jointly studying enabling sustainable technologies - including hydrogen, electrification, sustainable materials, zero climate impact propulsion technologies, and new aircraft design concepts as well as commercializing sustainable aviation fuels (SAF). MHI and Boeing will together study new feedstocks and technologies for SAF production, including in the area of green hydrogen and carbon capture.MHI and Boeing sign MOU for sustainability at Farnborough International Airshow 2022"Realizing a Carbon Neutral society is essential for the future of our planet. We believe that as a technology leader, with a proven track record in the field of decarbonization, it is MHI's responsibility to be a leader in the fight against climate change. Through our group products, technologies, and services that help reduce CO2 emissions, and in collaboration with partners around the world, MHI Group will contribute to achieving "Net Zero" emissions for society," says Dr. Hitoshi Kaguchi, Chief Strategy Officer and Head of Energy Systems at MHI. "We are very proud to partner with Boeing, a leading global aerospace company, and we firmly believe that the partnership will make a significant contribution to advancing sustainable aviation".MHI, one of the world's most diverse industrial groups has been a leader in developing technologies to realize a carbon neutral society and advance a sustainable aviation industry. Furthermore, recently, MHI has joined "ACT FOR SKY," a voluntary organization in Japan working on the commercialization, promotion and expansion of domestically produced SAF. The organization expects to raise awareness among citizens and companies of the importance of SAF and the goals for carbon neutrality and achieving a circular economy."To ensure the benefits of aerospace remain available for generations to come, we must bring innovative minds together for maximum progress toward the industry's bold climate change goals," said Chris Raymond, Chief Sustainability Officer at Boeing. "MHI is a leader in developing innovative, sustainable technologies with a strong commitment to reducing greenhouse gas emissions. We are honored to partner with them and are united in our ambition to develop a sustainable future of flight."Last year, MHI declared "MISSION NET ZERO", setting bold targets to achieve carbon neutrality in both its operations and through its entire value chain by 2040. As an interim step, MHI aspires to cut its carbon emissions in half by 2030.Learn more about MHI's MISSION NET ZERO commitment at https://www.mhi.com/expertise/carbon-neutral.In 2021, Boeing established multiple partnerships to help advance the renewable energy transition with partners including SkyNRG, Alaska Airlines, Etihad Airways, NASA, Rolls-Royce, and United Airlines. The company also joined the First Movers Coalition, partnering with leading companies across sectors to accelerate the development of new technologies to reduce emissions. Additionally, Boeing continues to make progress through its joint venture, Wisk, which is working to bring to market the first all-electric, self-flying air taxi in the U.S., helping decarbonize transportation while enabling new business opportunities centered on Urban Air Mobility.Learn more about Boeing's sustainability commitments, partnerships and efforts at https://www.boeing.com/principles/sustainability.As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing's diverse team is committed to innovating for the future, leading with sustainability, and cultivating a culture based on the company's core values of safety, quality and integrity. Learn more at boeing.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
5ire has received funding from UK-based conglomerate SRAM & MRAM to become the fastest growing blockchain unicorn in India and the only sustainable blockchain unicorn in the world.Brainchild of India-origin founders, Pratik Gauri and Prateek Dwivedi London, UK, July 17, 2022 – (SEAPRWire) – 5ire, a fifth generation level 1 blockchain network and the world’s first and only sustainable blockchain, today announced that it has raised $100 million in Series A funding from UK-based conglomerate SRAM & MRAM. This investment makes 5ire the fastest growing blockchain unicorn in India and the only sustainable blockchain unicorn in the world, valued at $1.5 billion. 5ire was founded by Indian-origin entrepreneurs, Pratik Gauri and Prateek Dwivedi, along with web3 financier Vilma Mattila, in August 2021. 5ire raised a funding of $21 million in its seed round at a valuation of $110 million with participation from both private and institutional investors like Alphabit, Marshland Capital, Launchpool Labs, Moonrock Capital, and amongst many other investors. The funds raised will be used for business expansion and extending 5ire’s footprint across three continents including Asia, North America and Europe, with India as the hub of operations and core area of focus. 5ire will continue to invest in strengthening its blockchain further and work towards ensuring this decentralised technology benefits a larger base globally. Additionally, 5ire aims to hire the best talent in the industry across functions like product, engineering, marketing etc. Speaking on the occasion, Dr Sailesh Lachu Hiranandani, Chairman of the SRAM & MRAM group, said, “We have great confidence in moving forward with investments in sustainable technologies. As a scientist, I have always believed in finding better ways to do things, and 5ire is committed to finding solutions for the 17 UN Sustainability Development Goals. We are assured in the abilities of the leadership team at 5ire and wish them all the very best.” Pratik Gauri, CEO and Founder of 5ire said, “We are on a mission to embed sustainability into blockchain and shift the current paradigm from ‘for-profit’ to ‘for-benefit’. The 5ire team has worked round-the-clock to develop a platform that combines both technology and processes for the benefit of humankind. Becoming the world’s first and only sustainable unicorn born out of India, in just 11 months, is testimony that we are on the right path. We are humbled by the trust shown in 5ire by the SRAM & MRAM group and thrilled to find a partner who also wants to promote the transition of the world from the 4th Industrial Revolution to the 5th Industrial Revolution.” 5ire is a blockchain ecosystem that brings forth Sustainability, Technology & Innovation to build the 5th industrial revolution (5IR). The mission of the 5ire ecosystem is to embed the for-benefit paradigm at the heart of blockchain, by highly incentivizing practices that align with the United Nations Sustainable Development Goals (SDGs), therefore facilitating the transition from the 4IR to 5IR. 5ire empowers decentralized autonomous organizations (DAOs) and working groups to help accelerate the implementation of the UN’s 17 SDG goals. It assures openness, unity of purpose, and inclusivity. Thus, shaping the ethics of business and collaborations toward sustainability while providing a cross-chain environment as well as advanced governance and rewarding mechanisms for participants. About 5ire 5ire is a blockchain ecosystem that focuses on sustainability, technology and innovation to build the 5th industrial revolution (5IR). Founded by blockchain proponents Pratik Gauri, Prateek Dwivedi and Vilma Mattila in August 2021, the missions of the 5ire ecosystem are to embed a for-benefit paradigm at the heart of blockchain, highly incentivise practices that align with the United Nations Sustainable Development Goals (SDGs), facilitate the transition from the 4IR to 5IR, and accelerate the implementation of the UN 2030 Agenda for Sustainable Development. The company’s primary offering is 5ireChain, a first layer, sustainability-driven 5th generation blockchain that ensures adherence to the philosophy of 5IR, creating a net positive impact on the planet and service humanity. For further information, visit its website at https://www.5ire.org. About SRAM & MRAM Group SRAM & MRAM Group is the brainchild of Dr. Sailesh Lachu Hiranandani, and founded in 1995. Chairman Dr.Sailesh Lachu Hiranandani, holds a Ph.D in Financial Management from UK , is a visionary with a steadfast background in Financial and Risk management in Hedge Funds and Forex Managements. His career started with commodity trading in India and Cambodia and gradually entered FX hedging and rollovers from Tokyo, Hongkong and Singapore. During this time, the world currency markets were rapidly fluctuating and he wanted a reliable system to manage the USD against GBP, EURO and JPY. This led to his acquiring considerable skills in both Financial and the Information Technology market. Assisted by an able team of Information Technology and Forex associates, he set up what is today, after two decades, a global conglomerate with 8 international alliances, 10 companies,5 continents, 35+ locations, 300+ employees with a sales turnaround of USD 800 Million (FY 2017-2018). The corporation is headquartered in Edinburgh, United Kingdom with branch offices in Cambodia, South Africa, Indonesia, Malaysia, Bahrain, Georgia, India and Bangladesh. For further information, please visit https://srammram.com. Social Links Twitter: https://twitter.com/5ireChain Telegram: https://telegram.me/OfficialFireChain GitHub: https://github.com/5ire-org Discord: https://discord.com/invite/5ire Media Contact Brand: 5ire Contact: Media team E-mail: contact@5ire.org Website: https://www.5ire.org SOURCE: 5ire The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
JAKARTA, Jul 15, 2022 - (ACN Newswire via SEAPRWire.com) - Indonesia's oil and gas state-owned enterprise PT Pertamina has encouraged collaboration between countries for energy transition in order to tackle global warming.Pertamina President Director Nicke Widyawati (middle) in a B20 dialogue themed "Sustainable Finance for Climate Transition" held in Bali on Thursday, July 14, 2022. (ANTARA/HO-PT Pertamina)"Preventing global warming and climate change is a challenge for all countries in the world, both developed and developing countries, including energy companies and industry parties," the energy company stated in a release, Friday.Pertamina President Director Nicke Widyawati noted that energy transition is the key to preventing catastrophic impacts of global warming and climate change, but energy transition efforts should not interfere with the unfinished development agenda in some developing countries.Widyawati brought up this point, considering that the average energy consumption, emission expenditure, and income per capita of developing countries are generally below those of developed countries."Therefore, developed countries must support developing countries in the transition to sustainable energy if the world wants to have a chance to meet the global warming (reduction) target," she stated in a dialogue themed "Sustainable Finance for Climate Transition" held in Bali on Thursday (July 14).She remarked that Pertamina -- as an energy SOE -- has allocated a capital expenditure (Capex) of 14 percent of its total investment funds to support the implementation of energy transition in Indonesia. The figure is much higher than the average investment of 4.3 percent for renewable energy made by any other world energy company."Overcoming climate change is one of Pertamina's Sustainability program strategies, with a target of reducing carbon emissions by 30 percent by 2030, which is above Indonesia's nationally determined contribution (NDC) target," Widyawati noted.She remarked that from 2010 to 2020, the company had succeeded in reducing 6.8 million metric tons of carbon dioxide equivalents (MmtCO2E), or 27 percent, from 26 percent of the 2010 baseline.Widyawati -- who currently also serves as chair of the B20 Task Force for Energy, Sustainability, and Climate -- emphasized that all energy transition efforts must be thoroughly planned in order to ensure energy security and accessibility for the entire community is well-maintained.Pertamina will accelerate its energy transition efforts towards sustainable energy use as well as ensure a fair and affordable transition and improve energy security, she remarked.Considering that energy transition requires high technology and costs, Widyawati further said that Pertamina is open to partnerships and collaborations with like-minded parties to encourage innovation and reduce technology costs for the transition effort."Pertamina's ambition is to become a leading global energy company with a good reputation and to be recognized as a company that implements the principles of ESG (environmental, social, and governance) in an integrated manner," she stated.The dialog, held in a hybrid format, was also attended by Indonesian Minister of Finance Sri Mulyani, President Director of state-owned electric power corporation PLN Darmawan Prasojo, President Director of PT Pertamina Geothermal Energy (PGE) Ahmad Yunianto, and Vice President of Jinko Solar Co. Ltd. Dany Qian.The Business 20 (B20) is the official G20 dialogue forum with the global business community. Established in 2010, B20 reserved companies and business organizations, and it is among the most prominent Engagement Groups in G20.Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)M: +62 858 8330 8686, Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.comWritten by: Yuni Arisandy Sinaga, Editor: Fardah Assegaf (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
Singapore, Jul 13, 2022 - (ACN Newswire via SEAPRWire.com) - Nearly half of ASEAN based respondents perceived legacy IT infrastructure and systems to be a challenge to digital transformation (DX) and innovation projects within their own company, according to a survey conducted by AIBP in 2021. The survey counted 206 professionals in the public services sector across the largest economies in Southeast Asia: Indonesia, Malaysia, Thailand, Philippines & Vietnam. The same survey showed that 60.6% of respondents believe that business intelligence software is the DX solution that brings the largest benefits to their organisation. Sustainability has also been a growing focus in ASEAN, illustrated by the sustainable mobility and energy targets of ASEAN. The Phnom Penh Declaration on Sustainable Urban Mobility is the first Declaration on sustainable transport issued by the ASEAN Transport Ministers focusing on urban and metropolitan regional mobility. The ASEAN Plan of Action for Energy Cooperation demonstrates the region's commitment to achieving the targets on renewable energy share 23% in total primary energy supply, as well as the 35% share in installed power capacity by 2025. The need for education is underlined as well from a 2021 AIBP survey, where the lack of talent and expertise was ranked as the most significant impediment to digital transformation in ASEAN. In advancing these public interests, tech-powered innovation has and will continue to be key.Tech-powered innovation has continued to be key in advancing public interests such as mobility, sustainable energy and education.Taiwanese Companies Contributing to ASEAN Societies Mobility:With transport mobility being integral to driving economic and social growth, importance is placed on developing innovations in this area and several companies have stepped up to take the lead. PLANET Technology Corporation has solved key issues pervading public transport networks with their Industrial LoRaWAN Wireless Gateway solution. It facilitates data transmission over long-range distances at low power consumption across urban and rural areas, and supports real-time data collection, enabling vehicle detection and location tracking. This contributed to smart parking solutions and allowed commuters to easily check bus timings, improving the overall public transport system. Up-and-coming alternative mobility solutions are getting increased attention as well. Advancements made in vehicle electrification have contributed to the lowering cost of electric vehicles (EV). Coupled with an increasing focus on sustainability in ASEAN, EV adoption and the development of an EV ecosystem are growing. Zealio is one of the key players in the EV interior space. Guided by a user-centric approach, Zealio sought to develop EV components that are easy to install, have zero-interference with other vehicle electronics, are energy efficient and recyclable. Sustainable Energy:Environmental concerns are increasing in ASEAN. Stakeholders in the energy industry are seeking to pivot to a green energy approach and Advantech is at the forefront of this change. Advantech has observed that power plant and grid owners are most concerned about data accuracy, operational efficiency and asset management. To address these needs, the company has developed a smart energy management solution that includes pre-built related analytics. In helping Singapore's National Water Agency (PUB) with the monitoring and tracking of their Floating Solar PV System, Advantech partnered with Mirai Electronics to build an IoT framework that gathers critical equipment and environmental data that is sent to the cloud, various dashboard views including green parameters to facilitate data analytics and visualisation, and a system that enables proactive monitoring and response to tough environmental conditions. Need for Skill Development through Tech-Enabled Education:A 2021 survey conducted by AIBP showed that 39.4% of public services stakeholders believe people are the principal challenge to becoming data driven. As technology continues to play a key role in innovation efforts, workforce skill levels need to keep up and education is integral to nurturing that talent. Enterprises have recognised this need and are providing tech-enhanced solutions to complement traditional educational methods. In pursuit of closing the gap, one successful project was delivered by CYP's Pro AV solutions. CYP integrated their AV solutions together with learning tools such as document cameras, interactive white boards and audio visual devices providing a solution for Vietnam National University, Hanoi (VNU)'s remote learning programmes. This has enabled the concept of smart classroom, which aims to deliver high-quality classes during distance learning and video conferencing, and let teachers engage both in-class and remote students. Another technology provider, IPEVO, has also demonstrated strong commitment to provide real-time image capture document cameras to DIGI@Education, driving student engagement in a hybrid setting. On top of education, IPEVO is able to support corporate trainings, legal and healthcare sectors.About AIBPAIBP serves as an avenue for public and private organisations in Southeast Asia to access and exchange information about growth and innovation within the B2B space. With a current network of over 30,000 stakeholders in Southeast Asia, AIBP continues to develop ecosystems by engaging in activities which create value-adding information for our stakeholders seeking to make transformative impacts within their organisations. For additional information about AIBP, please visit https://iotbusiness-platform.com/.About Taiwan Excellence AwardsAdvantech, Cypress, IPEVO, PLANET, and Zealio were recently recognized by the Taiwan Excellence Awards. These awards have been established by the country's Ministry of Economic Affairs since 1993 to celebrate how technological innovation helps people live more rewarding lives. Each year, the Taiwan Excellence Awards select the most innovative products in Taiwan across four major categories: R&D, design, quality, and marketing. As well as recognizing domestic achievement, the awards serve as a benchmark for innovation and excellence in international markets. Please visit https://www.taiwanexcellence.org/en for more information. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
Singapore, Jul 4, 2022 - (ACN Newswire via SEAPRWire.com) - cThe survey counted 206 professionals in the public services sector across the largest economies in Southeast Asia: Indonesia, Malaysia, Thailand, Philippines & Vietnam. The same survey showed that 60.6% of respondents believe that business intelligence software is the DX solution that brings the largest benefits to their organisation. Sustainability has also been a growing focus in ASEAN, illustrated by the sustainable mobility and energy targets of ASEAN. The Phnom Penh Declaration on Sustainable Urban Mobility is the first Declaration on sustainable transport issued by the ASEAN Transport Ministers focusing on urban and metropolitan regional mobility. The ASEAN Plan of Action for Energy Cooperation demonstrates the region's commitment to achieving the targets on renewable energy share 23% in total primary energy supply, as well as the 35% share in installed power capacity by 2025. The need for education is underlined as well from a 2021 AIBP survey, where the lack of talent and expertise was ranked as the most significant impediment to digital transformation in ASEAN. In advancing these public interests, tech-powered innovation has and will continue to be key.Tech-powered innovation has continued to be key in advancing public interests such as mobility, sustainable energy and education.Taiwanese Companies Contributing to ASEAN Societies Mobility:With transport mobility being integral to driving economic and social growth, importance is placed on developing innovations in this area and several companies have stepped up to take the lead. PLANET Technology Corporation has solved key issues pervading public transport networks with their Industrial LoRaWAN Wireless Gateway solution. It facilitates data transmission over long-range distances at low power consumption across urban and rural areas, and supports real-time data collection, enabling vehicle detection and location tracking. This contributed to smart parking solutions and allowed commuters to easily check bus timings, improving the overall public transport system. Up-and-coming alternative mobility solutions are getting increased attention as well. Advancements made in vehicle electrification have contributed to the lowering cost of electric vehicles (EV). Coupled with an increasing focus on sustainability in ASEAN, EV adoption and the development of an EV ecosystem are growing. Zealio is one of the key players in the EV interior space. Guided by a user-centric approach, Zealio sought to develop EV components that are easy to install, have zero-interference with other vehicle electronics, are energy efficient and recyclable. Sustainable Energy:Environmental concerns are increasing in ASEAN. Stakeholders in the energy industry are seeking to pivot to a green energy approach and Advantech is at the forefront of this change. Advantech has observed that power plant and grid owners are most concerned about data accuracy, operational efficiency and asset management. To address these needs, the company has developed a smart energy management solution that includes pre-built related analytics. In helping Singapore's National Water Agency (PUB) with the monitoring and tracking of their Floating Solar PV System, Advantech partnered with Mirai Electronics to build an IoT framework that gathers critical equipment and environmental data that is sent to the cloud, various dashboard views including green parameters to facilitate data analytics and visualisation, and a system that enables proactive monitoring and response to tough environmental conditions. Need for Skill Development through Tech-Enabled Education:A 2021 survey conducted by AIBP showed that 39.4% of public services stakeholders believe people are the principal challenge to becoming data driven. As technology continues to play a key role in innovation efforts, workforce skill levels need to keep up and education is integral to nurturing that talent. Enterprises have recognised this need and are providing tech-enhanced solutions to complement traditional educational methods. In pursuit of closing the gap, one successful project was delivered by CYP's Pro AV solutions. CYP integrated their AV solutions together with learning tools such as document cameras, interactive white boards and audio visual devices providing a solution for Vietnam National University, Hanoi (VNU)'s remote learning programmes. This has enabled the concept of smart classroom, which aims to deliver high-quality classes during distance learning and video conferencing, and let teachers engage both in-class and remote students. Another technology provider, IPEVO, has also demonstrated strong commitment to provide real-time image capture document cameras to DIGI@Education, driving student engagement in a hybrid setting. On top of education, IPEVO is able to support corporate trainings, legal and healthcare sectors.About AIBPAIBP serves as an avenue for public and private organisations in Southeast Asia to access and exchange information about growth and innovation within the B2B space. With a current network of over 30,000 stakeholders in Southeast Asia, AIBP continues to develop ecosystems by engaging in activities which create value-adding information for our stakeholders seeking to make transformative impacts within their organisations. For additional information about AIBP, please visit https://iotbusiness-platform.com/.About Taiwan Excellence AwardsAdvantech, Cypress, IPEVO, PLANET, and Zealio were recently recognized by the Taiwan Excellence Awards. These awards have been established by the country's Ministry of Economic Affairs since 1993 to celebrate how technological innovation helps people live more rewarding lives. Each year, the Taiwan Excellence Awards select the most innovative products in Taiwan across four major categories: R&D, design, quality, and marketing. As well as recognizing domestic achievement, the awards serve as a benchmark for innovation and excellence in international markets. Please visit https://www.taiwanexcellence.org/en for more information. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
JAKARTA, Jun 23, 2022 - (ACN Newswire via SEAPRWire.com) - The B20 Energy, Sustainability & Climate Task Force, led by state-owned oil giant Pertamina Group, put forth three recommendations to support realization of the target of net-zero carbon emissions.The B20 Energy, Sustainability & Climate (ESC) Task Force held entitled the third Task Force Call Meeting on Thursday, April 19 (ANTARA/HO-Pertamina)"Climate change sustainability is something that we must strive for in the future. For this reason, the B20 Energy, Sustainability, and Climate Task Force has compiled policy recommendations that focus on three recommendations, with 12 policy actions that call for global cooperation," Deputy Chair of B20 Energy, Sustainability, and Climate Task Force Agung Wicaksono said in a statement obtained here on Thursday.He delivered the statement during the hybrid dialogue forum of Energy Transition in Growth Markets on Tuesday (June 21).This forum is one of the events conducted by the Task Force Energy, Sustainability & Climate (ESC) and the Task Force Future of Work and Education in collaboration with the Accenture International Utilities and Energy Conference held on June 21-23, 2022, in Rome, Italy.Themed "Maximizing the Value of the Energy Transition in Growth Markets and Paving the Way to B20," this forum discusses the future of the energy industry in an era that prioritizes sustainability and low emissions for a green future and a more sustainable planet.The three policy recommendations include accelerating the transition to sustainable energy use by reducing carbon intensity in different ways. The second is ensuring a just, orderly, and affordable transition to sustainable energy use. The third recommendation pertains to increasing energy security, so that consumers can access and consume clean and modern energy."We are working hard to ensure there is an alignment between the performance targets set by the Italian B20 last year and our performance targets this year, so there will be a continuity," Wicaksono stated.To ensure a fair, orderly, and affordable transition to sustainable energy use, Wicaksono stated that the pricing in developing countries should be taken into consideration. Thus, it is necessary to formulate ways to integrate the benefits of carbon pricing into the energy transition pricing."With the energy transition, we must also think about the security and availability aspects of world energy. At the same time, we must also ensure that everyone has access to clean and modern energy," he emphasized.The managing director of Jababeka Infrastructure stated that the potential of decarbonization towards net-zero emission also comes from industrial areas. Furthermore, he invited companies in the B20 to conduct global collaborations that will result in business actions, as the provision of renewable energy for industrial companies with a large demand can contribute to achieving the energy transition target, he affirmed.Wicaksono also accentuated the importance of energy transition and the important role of the B20 Energy, Sustainability, and Climate Task Force in achieving energy transition priorities, especially to achieve net-zero emissions.On the same occasion, Chairman of the Indonesian Chamber of Commerce and Industry Arsjad Rasjid stated that currently, the main players in the energy and utility areas are facing challenges.Collaboration becomes increasing important for achieving significant reductions in carbon emissions and a progressive transition from carbon-generating energy to environmentally friendly, greener, and sustainable energy, Rasjid stated."The transition to greener energy does not mean stopping profits for the company. The company's move towards clean energy will create added value for brands and consumers to become more confident and have a positive outlook," he remarked.Head of Indonesia's B20 Organizer, Shinta Kamdani, stated that energy transition should provide benefits and not create burden. Kamdani pressed for making meticulous preparations for the energy transition, including conducting mitigation of the costs and impacts."This energy transition certainly requires substantial financial support. The G20 countries, which contribute 80 percent of the world's economy, are expected to provide this support for the transition process. Several main priorities must be put forward in this energy transition, such as accessibility, technology, and funding," Kamdani stated.The event was moderated by Gianfranco Casati and Valentin de Miguel from Accenture that are the Co-Chair and Deputy Co-Chair of the B20 Energy, Sustainability, and Climate Task Force.The forum also presented other keynote speakers: the Chair B20 Future of Work & Education Task Force/President Director of Astra Otoparts/Director of PT Astra International Tbk, Hamdhani D. Salim; Co-Chair B20 Future of Work & Education Task Force/IOE Vice President to The ILO, Renate Hornung Draus; WEF Head of Energy, Materials and Infrastructure, Kristen Panerali; and ENI Evolution CEO, Giuseppe Ricci.Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)M: +62 858 8330 8686, Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.comWritten by: Azis Kurmala, Editor: Sri Haryati (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
ZURICH, SWITZERLAND, Apr 12, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy will supply eco-efficient EconiQ gas-insulated lines (GIL) to Energinet to extend its substation in Revsing, Denmark. The substation is a vital connection point to a significant High Voltage Direct Current (HVDC) link, a 765-kilometer interconnection that allows the exchange of electricity between Great Britain and Denmark.Denmark is a pioneer in sustainable energy initiatives and has the goal of becoming carbon- neutral by 2050. In order to meet this target, Energinet, the Danish national grid operator, has been continuously expanding and upgrading the country's electricity transmission network and is one of the frontrunners in integrating wind energy into its grid. Hitachi Energy and Energinet have been collaborating since the successful installation of 420-kilovolt (kV) compact gas- insulated switchgear (GIS) for Revsing substation in 2013. The partnership continues today with the substation extension project adopting Hitachi Energy's EconiQ eco-efficient technology.The extension will expand the existing 420 kV GIS substation with the installation of EconiQ GIL that contain no sulfur hexafluoride (SF6). EconiQ GIL uses a game-changing alternative insulation gas mixture that delivers the lowest carbon footprint throughout the total lifecycle. This eliminates the addition of 2,000 kilograms of SF6 into the transmission network, equivalent to the CO2 emissions of almost 5,000 cars for one year(1). The EconiQ high-voltage portfolio eliminates carbon footprint and is as reliable as the conventional solution based on SF6."This project is testament to our longstanding partnership with Energinet and we are proud to collaborate once again in another innovation to advance toward a sustainable, flexible and secure energy system," said Markus Heimbach, Managing Director, High Voltage Products at Hitachi Energy. "Our reliable EconiQ high-voltage technology eliminates SF6 with scalable solutions for the lowest carbon footprint"."Renewable and green energy plays an important role in minimizing carbon emissions and is one of the most effective ways to address climate change," said Henrik Riis, Senior Vice President and CEO at Energinet. "We are on track to successfully achieve our vision for green energy with the help of Hitachi Energy's EconiQ technology - an eco-efficient solution that improves the reliability of our network thus, further strengthening the Viking Link."In addition to the EconiQ solution, Hitachi Energy will also deliver its highly reliable 420 kV GIS, a technology pioneered by Hitachi Energy which can be installed in confined spaces and can operate in extreme environmental conditions.EconiQTM is Hitachi Energy's eco-efficient portfolio for sustainability, where products, services and solutions are proven to deliver exceptional environmental performance. Hitachi Energy has placed sustainability at the heart of its Purpose and is advancing a sustainable energy future for all.(1) Based on the assumption that a passenger vehicle emits 19 kg CO2 equivalent per 100 km and drives 10,000 km per year.About Hitachi Energy Ltd.Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD. For more information, visit:Website: https://www.hitachienergy.comLinkedIn: https://www.linkedin.com/company/hitachienergyTwitter: https://twitter.com/HitachiEnergyAbout Hitachi, Ltd.Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business. Hitachi is focused on strengthening its contribution to the Environment, the Resilience of business and social infrastructure as well as comprehensive programs to enhance Security & Safety. Hitachi resolves the issues faced by customers and society across six domains: IT, Energy, Mobility, Industry, Smart Life and Automotive Systems through its proprietary Lumada solutions. The company's consolidated revenues for fiscal year 2020 (ended March 31, 2021) totaled 8,729.1 billion yen ($78.6 billion), with 871 consolidated subsidiaries and approximately 350,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
JAKARTA, Mar 22, 2022 - (ACN Newswire via SEAPRWire.com) - The B20 Energy, Sustainability & Climate Task Force, led by state-owned oil giant PT Pertamina (Persero), has provided policy recommendations and actions for sustainable energy transition. The statement was delivered by Chair of B20 Energy, Sustainability, and Climate Task Force Nicke Widyawati during the 3rd stakeholder consultation task force energy, sustainability and climate sustainable finance held virtually on Friday (18/3).President Director & CEO Nicke Widyawati delivers a speech as Chair of B20 Energy, Sustainability and Climate Task Force at the 3rd stakeholder consultation task force energy, sustainability and climate sustainable finance held virtually (18/3) (Antara/Azis Kurmala)The Business 20, or B20, is an outreach group from the G20 that represents the international business community. "So as part of engaging group in the G20, the B20 Energy, Sustainability & Climate Task Force will provide policy recommendations and actions for sustainable energy transition with three focus on part of priority issue that trigger to the outline of President Joko Widodo's directive," Widyawati, concurrently the president director and CEO of PT Pertamina, stated.In accordance with the directive President Joko Widodo had delivered at the G20 Summit last year, the G20 must become the curtains for bringing recovery and going hand in hand with the principles of energy security, energy equity, and environmental sustainability, she said. To this end, there were three focus areas.First, accelerating the transition to sustainable energy use by enhancing global cooperation to accelerate the transition to sustainable energy use by reducing carbon intensity of energy use.Second, ensuring a just, orderly and affordable transition by enhancing global cooperation to assure sustainable energy use across developed and developing countries, she said.Third, enhancing global cooperation on increasing consumer level energy security by improving access to energy and ability to consume clean and modern energy.The task force is aware of the importance of ratification of renewable energy based generation and energy efficiency as the main pillars of the energy transition and investment in technology and energy sector. The B20 Energy, Sustainability & Climate Task Force becomes a very valuable source for a range of perspectives, she said.She stated that rising greenhouse concentration in the atmosphere is causing global warming leading to climate change, ocean acidification and biodiversity losses. "The largest contribution to greenhouse gas emission comes from the energy sector which makes the transition to sustainable energy use becomes the most critical challenges of our time," Widyawati said.The Intergovernmental Panel on Climate Change (IPCC) estimates and indicates that the global average temperature last approximately 1.1 degrees Celcius above the industrial level. The consensus limit to avoid catastrophe climate change is being limited to a maximum of 1.5 degrees Celcius, she said."So there is a limitation period that we have to take drastic action to accelerate net-zero emission and to curb greenhouse gas emission," she said, adding that the carbon emission contribution from energy is in the range of 20 percent up to 36 percent compared to the deforestation which is in the range of 44 percent up to 62 percent, she said.However, Widyawati emphasized, this cannot be an excuse for industry players especially in energy sector to not take part in reducing greenhouse gas emission. She said that global cooperation for government capacity enhancement institutionally formed market development, sharing of technology, and financing."In our policy recommendations, several parties involved in the energy, sustainable and climate task force G20 include co-chair from g20 business actors as well as more than 140 members that provide inputs in the directions of the policy recommendations and issue priority. The most important thing is aligned with stakeholders so the proposed policy recommendations and actions from our task force will be aligned with the directions of Indonesia's policy in G20," Widyawati said.She said that the stakeholder consultation event aims to obtain inputs from the stakeholders especially regarding sustainable finance. The policy recommendations represented the views of business actors and finance sector institutions, she stated.Meanwhile, B20 Indonesia Sherpa Rizal Affandi Lukman said that the continuous task force discussion was definitely important to collect relevant information, ideas and insights from a wide range of relevant stakeholders."We all have priority topics to be the basis of our works. However, without inputs from people who know exactly the trends of potential challenges on the ground as well as from different angels and perspectives, the recommendations will be just nice to read on the paper," Lukman said.The issues on energy, sustainability and climate are very relevant to many parties this day. B20 Indonesia is keen to hear the stakeholders' concerns, feedbacks on numerous issues such as decarbonization, climate investment and financing carbon market ecosystem, and how sustainability project are reported and accounted, Lukman said.This is a good example of inclusive and collaborative policy formulations, he added.Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.comnWritten by: Azis Kurmala, Editor: Rahmad Nasution (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Mar 4, 2022 - (JCN Newswire via SEAPRWire.com) - Honda Motor Co., Ltd. today announced that the company will issue U.S. dollar-denominated Green Bonds totaling US$2.75 billion for its initiatives toward the realization of a society that aims for zero environmental impact. The proceeds from the issuance of the Green Bonds will be used exclusively toward environmental initiatives(1). This will be the first time for Honda Motor Co., Ltd. to issue Green Bonds.Since its founding in 1948, Honda has been conducting its corporate activities based on its original desire to "help people and society" and "expand people's life's potential." In light of changes happening to our society, Honda believes that working in pursuit of the "elimination of its environmental impact" and "realization of safety protecting precious human lives" are values Honda should provide in the future. Based on this belief, Honda has been working comprehensively to address challenges in the areas of the environment and safety. In the area of the environment, Honda is striving to realize carbon neutrality (net-zero CO2 emissions) for all products and corporate activities Honda is involved in by 2050.By allocating the proceeds from the issuance of the Green Bonds to eligible green projects including the development of zero-emission vehicles such as EVs and FCVs, Honda will further accelerate its initiatives toward the realization of a society that aims for zero environmental impact.(1) Projects that fit within the eligible Green Projects categories specified in the Honda Sustainable Finance Framework.(2) For the issuance of these Green Bonds, Honda has developed a Sustainable Finance Framework (the "Framework") and obtained a Second Party Opinion from Vigeo Eiris, an independent entity, that the Framework is aligned with the Green Bond Principles 2021 (the "GBP"), the Social Bond Principles 2021 (the "SBP"), and the Sustainability Bond Guidelines 2021 (the "SBG") as administered by the International Capital Market Association ("ICMA").- Honda Sustainable Finance Framework: URL:https://global.honda/investors/stock_bond/rating_bond.html- Second Party Opinion provided by Vigeo Eiris: URL:https://vigeo-eiris.com/spo_honda_sustainable_frameworkThis document does not constitute an offer to sell or a solicitation of an offer to buy any securities. The securities described herein have not been approved or disapproved by any regulatory authority, nor has any such authority passed upon the accuracy or adequacy of the shelf registration statement, the base prospectus contained therein or the supplements to the base prospectus. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
ZURICH, SWITZERLAND, Jan 28, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy today announced that it has achieved the first-step target set out in its Sustainability 2030(1) plan - the use of 100% fossil-free electricity in its own operations(2). The company is driving towards being carbon-neutral in its own operations by 2030(3), in line with its Purpose, 'Advancing a sustainable energy future for all'.Photovoltaic installation, Zhongshan, China"By achieving 100% fossil-free electricity in our own operations, we have reduced our CO2 equivalent emissions by over 50% compared to 2019," says Claudio Facchin, CEO of Hitachi Energy. He continued, "The Net Zero challenge is global and it's about acting now, innovating and collaborating across countries, industries and societies. Together with customers, partners, and all stakeholders, we are advancing the world's energy system to be more sustainable, flexible and secure."The targeted 50% reduction achieved ahead of plan will amount to approximately 175 kilo tonnes of CO2e per year, equivalent to removing over 35,000 passenger cars off the road.To achieve 100% fossil-free electricity in its own operations - and in support of the Hitachi Group's carbon-neutrality goal(4) - the company has pursued a number of pathways including supporting projects to generate its own fossil-free electricity, such as installing solar roof panels combined with e-mesh digital solutions for distributed energy resources maximizing energy efficiency and minimizing CO2 emissions. In its Zhongshan factory in China(5), the company is generating nearly 20% of its total energy consumption from solar panels. In its first year of operation, the power generated at the factory is expected to reach 1,510 megawatt hours (MWh), contributing to the reduction in annual carbon emissions by more than 1,000 tonnes.To achieve 100% fossil-free electricity, Hitachi Energy has also switched to green tariffs, bought Energy Attribute Certificates (EACs), and signed Power Purchase Agreements (PPAs) across its operations and facilities in 90 countries.Looking ahead, Hitachi Energy is continuing to invest in its journey towards carbon-neutrality by further increasing energy efficiency, as well as electrifying its own operations. In Ludvika, Sweden, the company is now using 100% renewable electricity generated from hydropower and from solar panels to support its operations. Ludvika, which is one of Hitachi Energy's largest production facilities, has gone beyond tackling its electricity supply and is now close to removing the use of all fossil fuels from the whole of its operations.The company has a track record of implementing its own technologies in its operations to enable the integration of renewable energy. For example, in 2015 its South Africa operations installed a 750 kW rooftop photovoltaic plant and a 1 MVA/380 kWh battery-based PowerStoreTM for enhancing the use of renewables and providing a continuous supply of power.Through its Sustainability 2030 plan and targets, the company reinforces its commitment to accelerating actions driving business in a sustainable way. Based around four pillars - Planet, People, Peace, and Partnerships - the strategy draws from the UN's Sustainable Development Goals (SDGs), with specific focus on the following eight: 3 (Good health and well-being), 4 (Quality education), 5 (Gender equality), 6 (Clean water and sanitation), 7 (Affordable and clean energy), 12 (Responsible consumption and production), 16 (Peace, justice and strong institutions); and 17 (Partnerships for the Goals). In line with these SDGs, each pillar has corresponding targets that drive the business to contribute social, environmental, and economic value.(1) Hitachi ABB Power Grids announces Sustainability 2030(2) The contract for its South Korea operations (equivalent to 0.4% total electricity usage) is expected to be signed in February 2022 retrospectively through green tariffs.(3) Discover more about Hitachi Energy's approach to Sustainability 2030(4) Hitachi Sustainability Report 2021(5) Hitachi Energy builds green factory with smart energy solutionsAbout Hitachi Energy Ltd.Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD. https://www.hitachienergy.comAbout Hitachi, Ltd.Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business. Hitachi is focused on strengthening its contribution to the Environment, the Resilience of business and social infrastructure as well as comprehensive programs to enhance Security & Safety. Hitachi resolves the issues faced by customers and society across six domains: IT, Energy, Mobility, Industry, Smart Life and Automotive Systems through its proprietary Lumada solutions. The company's consolidated revenues for fiscal year 2020 (ended March 31, 2021) totaled 8,729.1 billion yen ($78.6 billion), with 871 consolidated subsidiaries and approximately 350,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

















