Tag: Alternative Energy

Gotion High-Tech Wins Volkswagen Cell Test Lab Qualification

HONG KONG, Feb 23, 2023 – (ACN Newswire) – On February 21, Gotion High-tech was officially granted the Volkswagen Cell Test Lab qualification certificate. This certification marks the recognition of Gotion's test capability by Volkswagen and its formal entry into the world-leading technological management system.
Gotion High-Tech Cell Test Lab Qualification Award Ceremony

Chairman of Gotion High-Tech, Li Zhen(right six, front row). Director of Gotion High-Tech, Executive Vice President of VW Group China, Frank Engel( right seven, front row). Vice President of VW Group China, Olaf Korzinovski(right eight, front row)


As one of the world's largest automotive groups, Volkswagen Group has raised more stringent requirements than global industrial standards for such fields as reliability validation, test period and environment, and innovative testing methods, so as to ensure product reliability, safety, and high performance through the strict control over product performance limit tests, safety boundary exploration and representativeness of test characterization results.

Covering an area of more than 60,000 square meters, the Gotion High-Tech Validation Engineering Institute has established four validation bases in Xinzhan, Baohe, and Lujiang of Hefei and Jiading of Shanghai, and four test platforms for cell material and component testing, cell testing, system testing, and safety & reliability testing, enabling the full-size and life-cycle validation analysis from raw materials to battery systems. The laboratory was accredited by CNAS in 2015, and by domestic and international professional organizations, such as TUV, CSA, and CCS, demonstrating that its validation capability has reached a global-leading level. In recent years, the Validation Engineering Institute has been committed to the verification and development of Volkswagen's new system of cells and providing validation and testing cooperation support for the whole platform system of Volkswagen Group. Both parties have given play to each other's advantages and realized technological complementation and resource sharing.

The successful certification marks Gotion's formal entry into the world-leading technological management system. In the future, Gotion will continue to support Volkswagen's project validation with high-level technology and high-quality products. Both parties will strengthen cooperation and complement each other to facilitate the realization of carbon neutrality."


Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Samaiden Posts 36% Gain in Revenue to RM40 Million in 2Q

PETALING JAYA, Malaysia, Feb 21, 2023 – (ACN Newswire) – Samaiden Group Berhad, a renewable energy (RE) specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power plants registered a 36.28% rise in revenue to RM40.23 million for the second quarter ended 31 December 2022 (2Q FY2023) compared with RM29.52 million in the corresponding quarter of the previous financial year.
Group Managing Director of Samaiden, Ir. Chow Pui Hee


Samaiden recorded a 10.48% gain in profit before tax (PBT) to RM3.48 million in 2Q FY2023 compared with RM3.15 million for 2Q FY2022 while profit after tax (PAT) increased 14.60% to RM2.59 million compared with RM2.26 million.

For the first-half of the financial year 2023 (1H FY2023), revenue increased 52.14% to RM81.00 million compared with RM53.24 million in 1H FY2022 while PBT gained 14.77% to RM6.76 million compared with RM5.89 million. Samaiden's PAT increased 16.67% to RM5.04 million compared with RM4.32 million in the same period.

For the quarter under review, EPCC services contributed to approximately 99.45% of Samaiden's revenue. The remaining revenue came from energy asset investment, environmental consultancy and operation and maintenance.

Group Managing Director of Samaiden, Ir. Chow Pui Hee said, "We see government initiatives encouraging the deployment of RE, particularly the launch of 600 megawatts (MW) Corporate Green Power Programme in last November which will drive the adoption of sustainability. In addition to that, the increase in electricity tariffs starting from January 2023 also serve as the catalyst for the RE industry development in Malaysia."

"Taken together, these initiatives and measures are opportunities that can be leveraged either to provide EPCC services for solar PV systems or to allow us to participate as an investor in all these solar assets. We will also continue to leverage on our core competency and experience to provide end-to-end services for potential solar PV and other non-solar projects. Nonetheless, we remain optimistic about investing in Southeast Asia, as many neighbouring countries are prioritizing energy transition as their key national objective. We are cautiously optimistic about Samaiden's performance for the remainder of FY2023.

Samaiden's total outstanding orderbook stood at RM269.54 million as at 31 December 2022 and is expected to contribute positively to revenue and profit over the next three years.

Samaiden Group Bhd: 0223 [BURSA: SAMAIDEN], https://samaiden.com.my/

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

JE Cleantech (JCSE) Partners with Singapore-based Deep Tech Manufacturer to Develop Autonomous Cleaning Robots, Expands into Robotics Market

SINGAPORE, Feb 20, 2023 – (ACN Newswire) – JE Cleantech Holdings Limited (Nasdaq: JCSE), (the "Company"), a Singapore-based cleantech company, today announced that it has entered an exclusive partnership with a leading Singapore-based deep tech robot developer, through its subsidiary JCS-Echigo Pte Ltd. As part of the joint venture, JE Cleantech will develop a family of commercial cleaning robots, representing its expansion into the robotics market.

JE Cleantech is the leading manufacturer of precision cleaning systems in Singapore, with customers in a wide range of sectors, including cleaning and equipment manufacturing for hard disk drives, semiconductors, biomedical, food and beverage, and industrial electronics companies, and most recently tech hardware. The entry into this new sector continues to demonstrate JE Cleantech's ability to apply its expertise to different sectors to scale and support its growth.

Specifically, under this partnership, JE Cleantech will provide product specifications, cleaning and vacuum technology, manufacturing and production of robots as well as international and local marketing. Its partner will integrate JCS-E's cleaning technology with its autonomous robot platform and cloud-based fleet management system, and will provide specialty electronics as well as robotic engineering to create a new cleaning robot that is set to surpass many of today's existing solutions.

Low-speed commercial robots for the last mile, inter-building (via sidewalks), and intra-building have a global market potential of more than USD 100 billion per year and a potential of SGD 1 billion in Singapore. Factors such as the increasing demand for automatic cleaning, the development of hygienic solutions to disinfect floors, as well as an optimistic economic outlook, and positive demographics in APAC are driving forces for the market's growth.

"We are excited to enter the new robotics market to develop advanced commercial cleaning robots. With years of experience and a stable and mature performance, our cleaning technology will provide our customers with an exceptional autonomous cleaning solution. It demonstrates our continuous efforts and determination in striving for sustainable growth as well as confidence in the positive prospects of the cleaning market. Looking ahead, we will keep proactively widening our product offerings, exploring new markets, and dedicate ourselves to bringing sustainable returns to our shareholders and investors in the long run," said Ms. Bee Yin Hong, CEO and Founder, JE Cleantech.

About JE Cleantech Holdings Limited

JE Cleantech Holdings Limited is based in Singapore and is principally engaged in (i) the sale of cleaning systems and other equipment; and (ii) the provision of centralized dishwashing and ancillary services. Through its subsidiary, JCS-Echigo Pte Ltd, the company designs, develops, manufactures, and sells cleaning systems for various industrial end-use applications primarily to customers in Singapore and Malaysia. Its cleaning systems are mainly designed for precision cleaning, with features such as particle filtration, ultrasonic or megasonic rinses with a wide range of frequencies, high pressure drying technology, high flow rate spray, and deionized water rinses, which are designed for effective removal of contaminants and to minimize particle generation and entrapment. The Company also has provided centralized dishwashing services, through its subsidiary, Hygieia Warewashing Pte Ltd, since 2013 and general cleaning services since 2015, both mainly for food and beverage establishments in Singapore. For more information about JE Cleantech, please visit our website: www.jecleantech.sg.

Disclaimer: Forward looking statements

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. Forward-looking statements may be identified by such words or phrases as "should," "intends," "is subject to," "expects," "will," "continue," "anticipate," "estimated," "projected," "may," "I or we believe," "future prospects," "our strategy," or similar expressions. Forward-looking statements made in this press release that relate to our future contract revenues among other things involve known and unknown risks and uncertainties that may cause the actual results to differ materially from those expected and stated in this announcement. We undertake no obligation to update "forward-looking" statements.

For Media Enquiries and Investor Relations, please contact:
jcse@preciouscomms.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SGX-Listed Mooreast Signs Agreement with ETZ Ltd in the Presence of Scottish Minister Mr Ivan McKee to Explore Establishing Manufacturing Facility in Aberdeen to Support Floating Offshore Wind Energy Projects

SINGAPORE, Feb 20, 2023 – (ACN Newswire) – Singapore Exchange Catalist-listed Mooreast Holdings Ltd. ("Mooreast" or the "Group") signed a Collaboration Agreement (the "Agreement") to explore establishing a manufacturing facility in Aberdeen, Scotland for the production of subsea foundations, as well as consolidation and assembly of mooring components for the floating offshore renewable energy sector.
Mr Sim Koon Lam, CEO of Mooreast (right), alongside Mr Andy Rodden (left), Director, Offshore Renewables of ETZ Ltd, signed a Collaboration Agreement in the presence of Mr Ivan McKee (centre), Minister for Business, Trade, Tourism and Enterprise to explore establishing a manufacturing facility in Aberdeen, Scotland


Pursuant to this Agreement, the mooring and rigging solutions leader will work with ETZ Ltd ("ETZ"), a private sector-led not-for-profit company spearheading the energy transition ambitions of Northeast Scotland by supporting the creation of a hub to protect the Scottish renewable sector whilst facilitating job creation.

Signed in Singapore together with ETZ Offshore Renewables Director, Mr Andy Rodden, and witnessed by Mr Ivan McKee, Scotland's Minister for Business, Trade, Tourism and Enterprise, the facility is projected to be more than double the floor space and output of the Group's Singapore facility at 51 Shipyard Road.

It will support Mooreast's efforts to target an increasing number of offshore wind projects emerging in Europe. High-profile projects include the ScotWind auction, The Celtic Sea Cluster and the Innovation and Targeted Oil and Gas (INTOG) project, which are expected to deliver over 20GW, 5 GW and 4.5GW of floating wind energy, respectively. As part of its strategy to capture such opportunities, the Group incorporated Mooreast UK Co Limited ("Mooreast UK") in July 2022.

Based on the Agreement, Mooreast and ETZ will work closely on the following areas, amongst others, to help secure a positive outcome in terms of:

– Developing a preferred site plan to meet the requirements of Mooreast that is compatible with local planning regulations, development requirements and site limitations.
– Delivering a jobs and skills plan to secure a workforce ready to support the effective operation of a facility whilst creating employment opportunities for local communities aligned with just transition principles.
– Facilitating introductions to key local supply chain companies required to support the start-up and future operation of the preferred site.

Mr Sim Koon Lam, CEO of Mooreast, said: "We are honoured to have Mr Ivan McKee grace this event. Upon completion, the facility will serve as a cornerstone of Mooreast's expansion into Europe, and will enable us to produce high-quality products and services for our renewable energy customers in the region."

Scottish Government Minister for Business, Trade, Tourism and Enterprise, Ivan McKee, said: "It is great to witness the signing of this Collaboration Agreement. As the world's largest floating offshore wind leasing round, ScotWind puts us at the forefront of the global development of offshore wind and represents a massive step forward in our transition to net zero.

As set out in our National Strategy for Economic Transformation and our Inward Investment Plan, it is critically important that we work closely with inward investors by offering our unique 'Team Scotland' approach to support their growth and expansion into Scotland, enabling us to deliver inclusive economic prosperity."

ETZ Ltd Offshore Renewables Director, Andy Rodden, said: "Mooreast's intention to explore establishing significant operations in Aberdeen is warmly welcomed and a testament to the critical mass this region has in the skills and expertise required to support such an exciting development.

"Owing to a world-class oil and gas sector, our region is home to 75% of the world's subsea engineering capability and the highest concentration of energy supply chain companies anywhere in the UK. ETZ Ltd's role is to harness these competitive strengths and accelerate diversification in order to retain that global status as a sustainable and long-term-industry cluster for new and green energies.

We are at the very early stages of this particular process but this potential development reflects the type of investment that will help us realise this ambition. I'm therefore delighted that ETZ Ltd, which has a key role as a catalyst to attract investment to the region, will be working closely with Mooreast on a range of areas as we seek to secure a positive outcome."

Mooreast has appointed Mr Barry Silver as Managing Director of Mooreast UK. He brings over 24 years of business, technical and operational experience in offshore energy markets, and will be responsible for establishing and managing the Group's facility, as well as business development to support Mooreast's international growth.

Mr Sim added: "We welcome Mr Barry Silver to the Mooreast team. His deep domain knowledge, extensive experience, and strong leadership skills will be a valuable asset in bringing the Group to the next level, as we continue to capture opportunities in the offshore renewable energy industry."

About Mooreast Holdings Ltd.

Mooreast is a total mooring solutions specialist, serving mainly the offshore oil & gas ("O&G"), marine and offshore renewable energy industries, with operations primarily in Singapore, and through its wholly-owned subsidiary, Mooreast Europe, a European sales office in Rotterdam, the Netherlands.

Mooreast's solutions include the design, engineering, fabrication, supply and logistics, installation and commissioning of mooring systems. Mooreast is applying its experience and expertise in mooring solutions to floating renewable energy projects, in particular floating offshore wind farms. It has successfully participated in developmental and prototype projects for floating offshore wind turbines in Japan and Europe. For more information, please visit https://mooreast.com/

About ETZ Ltd

ETZ Ltd ("ETZ") is a not-for-profit organisation operating on the basis of no commercial gain and with one over-riding goal – to protect and create as many jobs as possible ensuring a sustainable and vibrant future for the North East of Scotland and the people who live and work here. ETZ Ltd will is supporting the creation of a world-leading hub for renewable energies – offshore wind, hydrogen, carbon capture and storage – establishing a sustainable cluster of activity, jobs and skills. For more information, please visit www.etzltd.com

Media & Investors:
WeR1 Consultants Pte Ltd
Isaac Tang, e: mooreast@wer1.net, m: +65 9748 0688

This press release has been prepared by the Company and its contents have been reviewed by the Company's sponsor, W Capital Markets Pte. Ltd. (the "Sponsor"). This press release has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.

The contact person for the Sponsor is Ms Sheila Ong, Registered Professional, W Capital Markets Pte. Ltd., at 65 Chulia Street, #43-01 OCBC Centre, Singapore 049513, Telephone (65) 6513 3541.

Issued for and on behalf of Mooreast Holdings Ltd. by WeR1 Consultants Pte Ltd.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Infocus International: Interactive Energy Storage Virtual Workshop is Back by Popular Demand

Singapore, Feb 17, 2023 – (ACN Newswire) – A new date for Energy Storage virtual workshop has been announced by Infocus International Group and it will commence live on 12 December 2022 and 13 March 2023.


Energy storage differs from other energy technologies in the breadth and complexity of its addressable market and revenue opportunities. This training course provides a comprehensive, business-focused analysis of these opportunities, allowing attendees to analyse, understand and segment them. While naturally focusing on battery storage, we also cover the variety of competing storage technologies and describe the wide variety of problems energy storage seeks to solve, at a wide range of deployment sizes and timescales, including key issues around practical project delivery.

Attendees will leave with a clear understanding of why and where storage markets are growing, what could limit this growth and what the future trends will be. So, if you are thinking of investing in or developing an energy storage business case, this course provides your essential grounding in the core issues.

One of our past attendees from Tuas Power Generation shared that, "The course has been informative, very practical and covers a wide range of energy storage technology. It is a good introduction to ESS."

Another past attendee from the Department of Energy also shared that, "This was an excellent course. I will without a doubt recommend it to anyone interested in the interplay between energy storage systems, electricity networks and energy markets, policies, procurement and regulations. Trainer's knowledge and group interaction makes the course not only highly informative, but also engaging and fun as we learn how to successfully transition to more environmentally sustainable energy systems."

Gain a business-focused assessment of energy storage opportunities, competing solutions and project delivery essentials by signing up at www.infocusinternational.com/energystorage-online.

Course Sessions

1. Battery storage
2. Utility-scale applications for power system optimisation
3. Decentralization (energy storage at the network edge)
4. Long-duration and alternative storage solutions

Benefits of Attending

– Gain a clear understanding of energy storage market opportunities & deployment considerations
– A core focus on batteries, including clear explanations of the technologies and performance considerations (in language accessible to non-technical people)
– Discuss the key project delivery issues for battery storage projects
– Review up-to-date examples from around the world and the lessons from them
– Understand the competitive playing field and the economic variables that impact energy storage business cases
– Stay ahead of trends and emerging solutions, including growth opportunities for longer-duration storage solutions

Want to learn more?

Simply email esther@infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of the event brochure. For more information, please visit www.infocusinternational.com/energystorage-online.

About Infocus International Group

Infocus International is a global business intelligence provider of strategic information and professional services for diverse business communities. We recognises clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights. For more information: www.infocusinternational.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Agreement with Altima to Produce Cheap & Clean Hydrogen in Alberta & British-Colombia

MONTREAL, QUEBEC, Feb 14, 2023 – (ACN Newswire) – St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF)(FSE:85G1) is pleased to announce that its subsidiary H2SX and Altima Resources Limited (TSX-V: ARH) have entered into an agreement via a binding term sheet to move forward with the production of cheap and clean hydrogen (ccH2(TM)) in Canada.

Altima has expressed its intention to use H2SX's hydrogen production (ccH2) and nano-carbon technology for the conversion of natural gas originating from gas & condensate wells in Alberta and British Columbia, Canada. H2SX will partner and will work on an exclusive basis with Altima in British Columbia and Alberta in the natural gas domain and for projects and companies that have traditional natural gas production of 65 MMcf/d or less.

In accordance with the provisions of the Terms (ccH2) Altima will issue to H2SX 6,000,000 common shares upon the completion of milestones as set out in the performance shares schedule (the "Performance Shares") below:

– 2,000,000 shares to be issued upon delivery of a preliminary technological engineering report.
– 2,000,000 shares to be issued upon receipt of a detailed engineering report tailored to Altima's initial project.
– 2,000,000 shares upon the delivery of a Preliminary Economical Assessment or a Prefeasibility Study.

These shares will be subject to such further restrictions on resale as may apply under applicable securities laws. The close of the issuance of shares is subject to further review and acceptance by the TSX Venture Exchange.

In addition to the issuance of Performance Shares, Altima has committed to the construction of a hydrogen processing facility utilizing the patented technology. Altima will fund and be co-operator of the hydrogen production plant(s) in relation to the gas wells it currently operates and in the future. One hundred percent of all capital expenditures will be reimbursed to Altima prior to any profit sharing between the joint venture parties.

Altima will be responsible to provide and manage the natural gas input into the joint venture operations and all infrastructures and logistics associated with it and will receive credits for the sale of hydrocarbons to the green hydrogen operation through this producing joint venture.

H2SX and its partner will be entitled to receive a 5% NRR for which a long form royalty agreement (the "Royalty Agreement") will be executed and will be an integral part of the Joint Venture Agreement between the parties; A formal management structure for the anticipated joint venture will be put in place between the parties.

"We look forward to working with H2SX in moving this exciting zero greenhouse gas (CO2) emission hydrogen production technology, into commercialization and for other prospective green tech opportunities that could benefit from utilizing low-cost green hydrogen," said Joe DeVries, President & CEO of Altima Resources.

"Alberta and British Columbia are strategic locations for H2SX. They will benefit from our low-cost, zero greenhouse gas (CO2) emission hydrogen production technology just as we will benefit from the low costs of their natural gas. A perfect synergy between Altima and us for the benefit of all. The production of cheap and clean hydrogen will spark a multitude of other opportunities such as the production of methanol, ammonia, or fertilizers (urea) with a very low environmental footprint. We can only be excited to start this collaboration with Altima as soon as possible," said Sabin Boily, CEO of H2SX.

ON BEHALF OF THE BOARD OF DIRECTORS
"Frank Dumas"
FRANK DUMAS
Director & COO

About St-Georges Eco-Mining Corp.

St-Georges develops new technologies to solve some of the most common environmental problems in the mining sector, including maximizing metal recovery and full circle EV battery recycling. The Company explores for nickel & PGEs on the Julie Nickel Project and the Manicougan Palladium Project on Quebec's North Shore and has multiple exploration projects in Iceland, including the Thor Gold Project. Headquartered in Montreal, St-Georges' stock is listed on the CSE under the symbol SX and trades on the Frankfurt Stock Exchange under the symbol 85G1 and on the OTCQB Venture Market for early stage and developing U.S. and international companies under the symbol SXOOF. Companies are current in their reporting and undergo an annual verification and management certification process. Investors can find Real-Time quotes and market information for the company on www.otcmarkets.com

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

SOURCE: St-Georges Eco-Mining Corp.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Infocus International Brings Back Renewable Energy Project Finance & Financial Modelling Masterclass

Singapore, Feb 10, 2023 – (ACN Newswire) – Infocus International Group is bringing back the Renewable Energy Project Finance & Financial Modelling online masterclass and it will be commencing live on the 7th March 2023.



The objective of this course is to provide participants with an enhanced understanding of the financial modelling and key documentation requirements of all interested parties to today's RE PF transactions. This programme provides you with proven PF modelling techniques and transaction management techniques which will enable you to quantitatively assess risks, resolve constraints, and reach project financial closure. The practical models for wind, solar, hydro, biomass, and geothermal PF models will be demonstrated through a series of real case examples of projects and transactions from Southeast Asia, South Asia, the Middle East, Europe, and North America.

A past participant from Ib Vogt shared that, "The trainer has in-depth knowledge in the subject. This discussion is very good especially most participants are seasoned players with the industry."

Another past participant from Electricity Generating Authority of Thailand mentioned that, "This course is not only recommended to the ones with experience in this field, but also for people with no or less experience. Everyone will definitely gain knowledge and be able to apply it during the course."

Benefits of Attending:
– Identify key requirements of limited-recourse Project Finance for Renewable Energy transactions, Power Purchase Agreements (PPAs) & PF documentation management
– Review solar, wind, hydro, biomass & geothermal PF financial model design requirements, presentation & formatting standards
– Program financial statements, cash flows, profit & loss statements and managing international accounting standards for RE PF transactions
– Project RE PF balance sheets, SPV reserve accounts, PF refinancing, and conducting sensitivity analyses
– Oversee the design and review of RE PF financial models based upon your own company's risk profile and corporate goals
– Apply clear investment incentives and renewable energy credit (REC), feed-in-tariffs (FIT), and credit enhancements for bankable private investments in RE generation
– Manage and oversee successful renewable power project finance transactions

Join us now to know more about the techniques & models for bankable green energy transactions of solar, wind, hydro, biomass & geothermal power investments in today's competitive energy markets.

Want to learn more?
Simply email to esther@infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of event brochure. For more information, please visit www.infocusinternational.com/renewable-project-finance

About Infocus International Group

Infocus International is a global business intelligence provider of strategic information and professional services for diverse business communities. We recognises clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights. For more information: www.infocusinternational.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Gotion and InoBat sign MoU to develop Joint Venture EV Battery Cells and Packs

HONG KONG, Feb 8, 2023 – (ACN Newswire) – On February 5, Gotion High-Tech, the innovative manufacturer of batteries and energy storage solutions in China, signed a Memorandum of Understanding (MoU) with InoBat, the European pioneering supplier of premium batteries for electric vehicles, to explore Joint Venture opportunities in revolutionizing EV battery and energy storage technologies, including co-development of a gigafactory with cell and pack production capacity of 40 GWh.

With technical superiority, complementary capabilities and a shared sustainability ethos, Gotion and InoBat will look at ways to work together on several key common topics of interest, such as:

— co-development of a JV gigafactory with cell and pack production capacity of 40 GWh to support EV applications, with the CEE region being one of the regions under consideration
— technical cooperation based on both sides' respective advantages of LFP and NMC batteries
— co-develop the potential for ESS battery production at existing InoBat premises in Slovakia allowing fast access to the European market
— technology and commercial partnership in facility operations
— investigation of recycling concepts for production scrap and end of life batteries

Through the cooperation following the MoU, InoBat benefit from Gotion's expertise in electric storage solutions ("ESS") whilst Gotion will benefit from InoBat's existing manufacturing sites and expansive market connections in Europe to facilitate Gotion's internationalization. By working together in mutually beneficial areas, both companies aim to devise new and exciting technologies to accelerate the global charge towards a green energy future.

About Gotion High-Tech
Gotion High-tech is a world-leading provider of new energy solutions. It focuses on the R&D, production and sales of EV lithium-ion batteries and ESS batteries and ranks among the top in China and the global market in terms of comprehensive strength. Gotion High-tech has global operations and has partnered with Volkswagen, Tata Group, Vinfast, and Jinko.

For more information, visit https://en.gotion.com.cn

About InoBat:
InoBat specializes in electric battery R&D, supply, and recycling for global OEMs in automotive, commercial vehicle, motorsport, and aerospace. Its "cradle-to-cradle" approach promotes a circular economy. Backed by Rio Tinto, Amara Raja, Ideanomics, IFC, IPM Group and other strategic investors and partners, InoBat has a R&D facility and pilot line in Slovakia. It has also been approved for grant financing under the Important Projects for Common European Interest (IPCEI).

For more information, visit https://inobat.eu/


Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Infocus International Relaunches the Highly Recommended Offshore Wind Online Training

Singapore, Feb 6, 2023 – (ACN Newswire) – Infocus International Group has announced the new date for Offshore Wind training and it will be commencing live on the 7th of March 2023. A comprehensive online course to one of renewable energy's fastest-growing sectors.


A business-focused training designed to provide business developers and investors with an accessible, concise, and comprehensive understanding of the processes and risks involved in creating these capital-intensive and lengthy projects.

This course leads attendees through the processes, technologies and financial return and risk considerations for those involved in offshore wind project development. Explanations are provided in clear, business-friendly language accessible to non-engineers. Trends and emerging disruptive technologies, such as floating turbines and integrations with other clean energy solutions, are introduced and placed into context.

This online course provides the perfect learning opportunity for those who need a valuable, up-to-the-minute and independent introduction to the fast-growing offshore wind sector

Past attendee from SN Power commented, "Overall this was a very informative masterclass that gave participants an overview of the offshore wind development cycle. The additional material shared by the trainer during and after the session was a nice bonus."

Course Sessions

1. Developing offshore wind projects
2. Constructing offshore wind projects
3. Operating & innovating with offshore wind

Among the key points to be addressed

– Essential offshore wind farm development processes
– How are offshore wind projects constructed?
– Key delivery risks at various stages in a project?s life
– Challenges to consider in operating an offshore wind farm
– Key drivers of financing and financial risk & return in offshore wind projects
– Essential policy, technology and market trends to consider in forward planning
– Status of floating wind, and how it will impact the industry
– Other disruptive technology and energy integration trends
– Which markets and geographies offer the greatest growth potential?

Want to learn more?

Simply email to esther@infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of event brochure. For more information, please visit www.infocusinternational.com/offshore-wind .

About Infocus International Group

Infocus International is a global business intelligence provider of strategic information and professional services for diverse business communities. We recognise clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights. For more information: www.infocusinternational.com.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Join the Highly Recommended Clean Hydrogen Masterclass by Infocus International

Singapore, Feb 2, 2023 – (ACN Newswire) – Infocus International Group is bringing back the Mastering Clean Hydrogen online masterclass and it will be commencing live on the 27th February 2023.


The "hydrogen economy" was first described 50 years ago, but failed to develop. Now hydrogen is making a comeback, with unprecedented momentum from both policymakers and industry amid a background of energy decarbonisation. Nevertheless, given its failure in the past, current investors and business developers in the sector are strongly advised to ensure they understand the complexities and competitive environments of the hydrogen landscape. This new course combines an excellent overview of the different elements of the clean hydrogen sector with a series of critical thinking and analysis exercises which provide clear guidance on market assessment requirements, including key opportunity and risk influences.

This comprehensive course is designed for those seeking a wide-ranging, hype-free and independent perspective on the markets and supply chain activities which will (and won't) drive demand for clean hydrogen. You will have a clearly explained, business-focused perspective on the competitive context of hydrogen across its various use cases. You will be able to separate what is actually happening in the market from the headlines and hype, and to identify the drivers and credible near-term opportunities for your business. You will evaluate barriers to hydrogen within certain market segments and its competitive advantages in others, illustrated by examples from a global perspective.

A past participant from PTC India shared that, "The course was informative, extensive in coverage and insightful. The five sessions were able to build up a tempo very well, and I am happy that I attended the course and also endorsed it for participation by some of my other colleagues."

"From zero to great knowledge and full of information regarding hydrogen production. The sessions cover everything including policies around the globe, market segmentation, technical and commercial analysis of hydrogen plant," said a past participant from Tenaga Nasional Berhad.

Grab this opportunity to gain the knowledge and tools to segment and analyse opportunity & risk within emerging hydrogen economies.

Course Sessions

1. Hydrogen market segmentation and assessment
2. Examining key hydrogen applications and markets
3. Producing hydrogen from renewable power
4. Storing and moving hydrogen
5. Developing and growing hydrogen value propositions

Benefits of Attending:

– Gain a clear understanding of hydrogen industry technologies, terminologies & metrics
– Review the value chain from hydrogen production to end-use market demand
– Focus on the production of clean hydrogen from renewable power ("green" hydrogen)
– Understand the competitive playing field and the economic variables that will impact it
– Discuss the key practical delivery challenges facing clean hydrogen projects
– Learn key lessons from project examples and proposals from around the world

Want to learn more?

Simply email esther@infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of the event brochure. For more information, please visit www.infocusinternational.com/hydrogen

About Infocus International Group

Infocus International is a global business intelligence provider of strategic information and professional services for diverse business communities. We recognise clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights. For more information: www.infocusinternational.com

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