Infocus International Announces New Online Training on Renewable Energy Power Purchase Agreements

Singapore, Jun 9, 2021 – (ACN Newswire) – Infocus International Group has announced a brand new online training – Renewable Energy Power Purchase Agreements (RE PPAs) and it will be commencing live on 3 August 2021. The practical models and techniques for analyzing & structuring, drafting, and negotiating Renewable Energy Power Purchase Agreements for bankable green investments in today's competitive energy markets.

In the global marketplace of the 2020s, both developed and developing economies urgently need to master the key techniques and models for transforming to renewable generation while strengthening the reliability of new energy markets and systems. These focus on adapting and negotiating the latest models for RE PPAs and on rapidly attracting new private investments in renewable energy sources. Unlike past fossil-fuel based Independent Power Project (IPP) models that featured standardized take-or-pay contracts – today's renewable energy markets demand more innovative incentives to attract RE supply, conform to RE generation availability, ensure power system reliability, as well as more attractive and sustainable mixtures of fuel sources. Government power sector strategies are now struggling to choose among different practical incentives for new private investments in renewable technologies including solar energy, wind power, bio-mass incineration and mini-hydro investments.

This interactive five sessions training will provide clear explanations of the new models of Renewable Energy PPA risk allocation, of ensuring project bankability, of allowing RE generators to compete in energy markets and power pools. The practical models for RE investment credit enhancements will be demonstrated through a series of real case examples of RE PPA contracts, renewable project finance transactions, and competitive energy markets. Case Studies will include real examples from Southeast Asia, South Asia, the Middle East, Europe, and North America.

Benefits of Attending:

– Best practices from international case studies of successful RE PPAs to avoid common pitfalls
– Direct the legal design of RE PPAs based on your own company's risk profile and corporate goals
– Lead strategies for the design and regulation of new competitive electricity markets to attract renewable private power investments
– Develop clear incentives for bankable private investments in renewable energy generation
– Environmental, social & governance (ESG) impact mitigation techniques to ensure sustainability
– Manage successful renewable power project finance transactions

This online training features a dynamic combination of experiential exercises and practical case studies to reinforce the ability of participants to apply RE PPA analysis, structuring, and negotiation techniques to real transactions.

Want to learn more?
Simply email emilia[at]infocusinternational.com or call +65 6325 0210 to obtain your FREE COPY of the event brochure. For more information, please visit https://www.infocusinternational.com/pparenewable.

About Infocus International Group

Infocus International is a global business intelligence provider of strategic information and professional services for diverse business communities.

Infocus International 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.

Emilia Mok
Tel: +65 6325 0210 | Email: emilia[at]infocusinternational.com
Website: www.infocusinternational.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

BYD Builds One-millionth New Energy Passenger Car

SHANGHAI, May 22, 2021 – (ACN Newswire) – BYD is celebrating a significant production milestone by becoming one of the first new energy vehicle manufacturers globally to produce one million electric passenger cars. The one-millionth car, the Han EV, rolled off the production line today at BYD's headquarters and manufacturing facility in Shenzhen.

VIPs from government departments, industry associations, BYD's partners and suppliers

At BYD's global headquarters, car owners assembled their vehicles in a specially choreographed display forming the number '1,000,000' to help celebrate the milestone

Rolf Petter Almklov, Commercial Counsellor, Royal Norwegian Embassy in Beijing and Wang Chuanfu, Chairman and President of BYD at the ceremony

At a special ceremony this week, VIPs from government departments, industry associations, BYD's partners and suppliers, more than 400 media guests, and about 100 BYD vehicle owners, gathered to mark the occasion.

The landmark moment in BYD's history coincides with the announcement that the first batch of 100 pure-electric BYD Tang SUVs are now ready for delivery to Norway – with the Scandinavian country selected as the platform for BYD's ambitious plans in the European passenger car market. BYD also announced that a total of 1500 Tang SUVs will be delivered to Norway before the end of the year as the company commits to accelerating its European and global strategies. The initial 100 cars are scheduled for delivery to Norwegian customers in the third quarter of this year.

BYD's one-millionth new energy passenger car rolls off the production line

BYD's pioneering work in the development of battery technology and new energy vehicle (NEV) manufacturing has led the new energy revolution in the global automotive industry since the company's emergence in 2003 – spearheaded by innovative technologies and a well-calibrated global business strategy. In 2004, BYD unveiled its all-electric concept car, the ET, at the Beijing Auto Show, marking the premiere debut of an NEV model. This was followed in 2008 when the world's first mass-produced plug-in hybrid NEV – the F3DM – was officially unveiled. Then, in 2020, the BYD Han was launched with performance specs setting twelve records globally and nine in China. The BYD Han continues to be a top-selling model in the mid-to-large luxury sedan sector, and with the credentials to rival models from the three German luxury car giants.

"BYD shoulders the responsibility and mission of upward development for China's new energy vehicle brands," said Wang Chuanfu, Chairman and President of BYD Co., Ltd. "From zero to one million vehicles, this is BYD's response to the call for global auto industry transformation. It also sets a benchmark in the journey of the new energy vehicle industry in China starting from nothing, alongside the greater national journey for a country dominated by traditional automobiles to one that is a leader in the field of sustainability."

Customers first and foremost

"The journey to one million vehicles would not be possible without the support of car owners every step of the way," he added, "and BYD recognises that the 'green dream' can only be achieved hand-in-hand with all our customers."

With this close relationship with customers in mind, BYD has invited ten of its NEV customers to attend the ceremony, including the owners of the 100,000th and the one-millionth vehicles to join BYD as it celebrates its work in helping move towards a better, more sustainable future.

In the central square of BYD's global headquarters, another eighty BYD car owners assembled their vehicles in a specially choreographed display forming the number '1,000,000' to help celebrate the milestone.

First 100 BYD Tang SUVs head for Norway with 1500 units scheduled in 2021

Alongside news of the production of its one-millionth passenger car line, BYD has also confirmed its entry into the European market with the first 100 pure-electric BYD Tang SUVs on their way to Norway. The northern European country has been selected to kick off BYD's journey towards a successful presence in the burgeoning NEVs market in Europe.

With Rolf Petter Almklov, Commercial Counsellor, Royal Norwegian Embassy in Beijing, alongside Wang Chuanfu, Chairman and President of BYD, the first batch of 100 Tang SUVs will be shipped at the end of May and delivered to local customers in Norway during the third quarter of this year. Also before the end of 2021, BYD plans to deliver a total of 1500 Tang SUVs to Norway, underlining a significant commitment from BYD to its new Scandinavian market and its European neighbours.

With decarbonisation high on the political agenda in Europe, BYD's entry into the passenger car market comes at an important time. The BYD Tang EV provides serious competition for the more established European brands, with its stylish design and new technologies providing a compelling proposition for new car buyers. Central to its technology credentials is the new ultra-safe, space-saving Blade Battery, with performance figures including a class-leading range of up to 505km (NEDC) and acceleration from 0-100 km/h in just 4.6-seconds from its 86.4 kWh capacity.

BYD describes its new business in Norway as the 'start of the European dream' with respect to its passenger car ambitions. A key differentiator for BYD is its commitment to bringing only pure-electric, 100% emissions-free cars to market – a strategy supported by BYD's electric bus product range and its leading position in eBus markets right across Europe.

Working side-by-side with leading supply-chain partners to forge the way

The key to realising BYD's dreams has been the support of leading supply-chain partners. At today's ceremony, Wang Chuanfu made special reference to ZF Friedrichshafen AG, Fuyao, Valeo and others, while stating BYD's intention to join hands with even more partners in a joint endeavour to lead the transformation of the global automotive industry and to forge the way ahead for electrification.

The replacement of the internal combustion engine with new energy vehicles – and specifically battery electric vehicles – is crucial for reducing dependence on fossil fuels, ensuring national energy security, and further achieving the goal of 'peak carbon by 2030 and carbon neutrality by 2060'. As a principal participant and major force in the new energy automotive industry, BYD will continue to work with partners, suppliers and customers, to push ahead and realise the dream of green travel.

About BYD

BYD Company Ltd. is one of China's largest privately-owned enterprises. Since its inception in 1995, the company quickly developed solid expertise in rechargeable batteries and became a relentless advocate of sustainable development, successfully expanding its renewable energy solutions globally with operations in over 50 countries and regions. Its creation of a Zero Emissions Energy Ecosystem – comprising affordable solar power generation, reliable energy storage, and cutting-edge electrified transportation – has made it an industry leader in the energy and transportation sectors. BYD is listed on the Hong Kong and Shenzhen Stock Exchanges. More information on the company can be found at http://www.byd.com.

Contacts
Asia-Pacific: Mia Gu
mia.gu@byd.com; tel: +86-755-8988-8888-69666
North America: Frank Girardot
frank.girardot@byd.com; tel: +1 213 245 6503
Latin America: Mariana Osorio
mariana.osorio@byd.com; tel: +56 9 8588 0333
Brazil: Adalberto Maluf
adalberto.maluf@byd.com; tel: +19 3514 2554
Europe: Penny Peng
penny.peng@byd.com; tel: +31-102070888

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

BYD Builds One-millionth New Energy Passenger Car

VIPs from government departments, industry associations, BYD's partners and suppliers

At BYD's global headquarters, car owners assembled their vehicles in a specially choreographed display forming the number '1,000,000' to help celebrate the milestone

Rolf Petter Almklov, Commercial Counsellor, Royal Norwegian Embassy in Beijing and Wang Chuanfu, Chairman and President of BYD at the ceremony

Finance, Technology and Off-taker Deployment Themes of Solar & Storage Finance Asia

The 7th edition of the Solar & Storage Finance Asia, hosted by Solar Media is designed to propel energy projects, innovation and investment in South East Asia. Under the three themes “finance, technology and off-taker deployment“, Solar & Storage Finance Asia will be held from 6-8 July virtually, to help you engage with proven investors, technology providers and business partners.

Some Key Speakers

Isabel Chatterton, Director & Regional Head of Industry, Asia Pacific, Infrastructure, International Finance Corporation (IFC)
Vikram Raju, Head of EM & Climate Impact – AIP Private Markets, Morgan Stanley
Adhi Laksmanaputra, VP Commercial, Xurya Daya Indonesia
Prabaljit Sarkar, Director Business Development, InfraCo Asia
Jen Tan, Head of Integrated Solutions, Sembcorp Singapore & SEA
Ruth Briones, Chairman/President, Greenergy Solutions

View All Speakers

Some key sessions to catch:

Pushing The ESG agenda – How C&I Is Leading The Way With Solar – View full agenda.

With investors increasingly applying the ESG (Environmental, Social and Governance) standards as part of their analysis process when identifying material risks and growth opportunities, an ever-increasing number of organisations are looking to deploy solar as a way to achieve these standards and goals, especially when it comes to their manufacturing.

In this session, we will hear from some of these larger organisations, who are pushing for an increase of solar deployment, and gather their views on investing in green energy.

Key topics include:

Potential, forecasts and drivers for deployment
Feasibility and planning stages
Singapore’s offshore floating solar – lessons learnt

Register here and join us and the other 300+ solar and storage professionals at the conference with 20% off! Use our code ACN20

China Marks an Important Year of Promoting Carbon Neutrality

TOKYO, May 7, 2021 – (ACN Newswire) – The Global Commons Stewardship Index was developed by the University of Tokyo's Global Commons Center in collaboration with the United Nations Sustainable Development Solutions Network (SDSN) and Yale University. It was introduced in Chapter 10 of the book, "Understanding the Spillovers and Transboundary Impacts of Public Policies: Implementing the 2030 Agenda for More Resilient Societies," produced by the Organization for Economic Co-operation and Development (OECD) and the European Commission-Joint Research Center (EC-JRC).

The outline of the "Global Commons Stewardship Index: GCSi" was presented at the "Tokyo Forum 2020 Online" held in December 2020. This index shows the actual increase and decrease of loads put on the global environmental system by main components such as climate change, biodiversity, land use changes, etc. and the degree to which the goals for each set by governments, organizations, corporations and others have been achieved.

The GCSi could be very helpful for China's efforts to promote carbon neutrality.

The Tokyo Forum 2020 Online was hosted in Japan by connecting prominent researchers, managers, policy makers, and environmental experts from all over the world online.

The theme of the Forum was "Global Commons Stewardship in the Anthropocene".

"Humans are the first species which has started to alter the function of the Earth system," said University of Tokyo President Makoto Gonokami in kicking off the symposium, which was co-sponsored by the University of Tokyo and South Korea's Chey Institute for Advanced Studies. "To tackle those challenges, we need a systemic transformation of our current economic model so that our prosperity is sustained within the boundaries of our Earth system, our Global Commons."

The "Center for Global Commons (CGC)" was established by the University of Tokyo in August 2020 to help solve all the environmental issues now facing the planet and to protect the "Global Commons." Along with other notable speakers, Professor Naoko Ishii, director of the CGC and organizer of the conference, expressed a sense of crisis on numerous occasions. She emphasized that such a sense is necessary, if we are to deal with the unprecedented scale and speed of climate change and other environmental problems now facing the world.

Speaking to the United Nations General Assembly in September 2020, President Xi Jinping of China gained international approval with his pledge to achieve "carbon neutrality," the virtual elimination of greenhouse gas emissions, by 2060. The trend towards "carbon neutrality" is now on the increase, with lively discussions and initiatives similar to the Tokyo Forum taking place throughout the world.

The United Nations Biodiversity Summit will be held in Kunming, China, from October 11th to 24th of this year. 2021 is shaping up to be a very important year for China as a world leader in the promotion of carbon neutrality.

For Further Information;
Project Website: Tokyo Forum 2020 Online https://www.tokyoforum.tc.u-tokyo.ac.jp/en/
Contact Person: Tokyo Forum Secretariat
Email: tokyo.forum@tc.u-tokyo.ac.jp

SOURCE: Tokyo Forum

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Innovative UK Energy Company Increases Rewards for Residential Roof Top Solar

LONDON, Apr 26, 2021 – (ACN Newswire) – Rowan Energy has launched a new and leading global solar incentive programme; Rowan Rewards. The platform gives customers reward points similar to other loyalty programs for the energy produced by their roof top solar.

Since the end of the feed-in tariff in 2019, there has been no financial incentive to adopt solar technology. Rowan however aims to change this by bringing carbon offsetting and blockchain together enabling greater environmental and financial rewards to its customers. The UK-based energy start-up passionately believes in making renewable energy production equally as valuable to its producers as it is for the environment.

Right now, potential solar customers can earn a maximum 5.5p per kilowatt hour (kWh) for the electricity produced by the solar panels on their roof. This means, depending on your solar supplier, that it could take up to thirty years to get a return on investment, which is longer than the panels are expected to last.

Rowan Energy residential customers can currently enjoy returns of up to 15.5p per kWh with the capacity for this figure to grow in future. Potentially bringing them profits on their solar investment in less five years.

Rowan allocates rewards for every kWh produced by the solar setup, not just what is fed onto the grid. This level of incentive is achieved by bringing several new technologies together in a single package. The backbone of their platform is a custom built blockchain. A blockchain is a distributed secure database, that traditionally utilises large amounts of energy to run. Rowan built their own custom blockchain from the ground up. The blockchain was designed to run on Raspberry Pi's (a UK distributed micro-computer), making it low powered and therefore low-carbon.

Each customer gets a new type of smart meter called a Rowan Smart Miner added to their solar installation. This Smart Miner is non-intrusive and can be fitted alongside current solar installations or added to a purchased solar package.

The Smart Miner sits behind the existing smart meter, counting the energy produced by the roof top installation while simultaneously validating the transactions on the blockchain itself.

Once installed the Smart Miner counts the energy produced by the solar panels and rewards its owners with points accessible via a user-friendly interface either on a desktop or mobile app. As these devices sit behind the solar panels Rowan's custom made blockchain is mostly solar powered and carbon neutral.

The reward points represent 10p for every kWh produced. Once collected points can be transferred to your PayPal account or Rowan Debit card, with the added benefit of being given the option to donate rewards directly to UK fuel poverty charities.

When joining Rowan Energy Rewards, you will not have to change your current supplier and it does not affect any agreed feed-in program.

In February 2021 Rowan began its beta rollout program. Working with leading solar panel installer Ecocute, Rowan has begun installing miners into 50 properties to test and perfect the program end to end prior to a national rollout. Rowan Energy has a target of installing ten thousand miner units in properties by the end of the year.

Already building partnerships in Canada, France and Poland, Rowan Energy expect to replicate the platform and offer the same incentives globally.

This is just the beginning of the Rowan Energy journey. Once Rowan has signed up a significant number of solar customers, they plan to launch their peer-to-peer energy trading platform. This means that solar prosumers will be able to sell their energy directly to other consumer, based on how much energy the customer needs and the producer closest to them. Meaning you could share your solar energy production with family, friends and others.

By bringing this to market Rowan Energy will become the world's first community fed green energy company. Customers will be able to go onto their dashboard and see in real-time where their energy is being produced.

This not only brings better returns for producers, but cheaper green energy for consumers and eliminates the controversial use of Green Energy Certificates to greenwash energy produced by diesel or coal power stations. Some energy companies buy brown energy, offset the carbon and then sell it to unsuspecting Green energy customers.

The idea for the business was first established in 2018 in Cambridge, by the company's CEO and founder; David Duckworth.

After being rebuffed by several large utility companies, David worked to develop the idea and brought out a 4 stage plan to bring the new incentive to market.

Phase one saw Rowan Energy build a beta version of its low-carbon blockchain and partner with smart meter provider PassivSystem to launch a proof of concept that tracked the energy production of 175 houses and rewarded them for that production.

In phase two Rowan released its live blockchain and then added the base token; Rowan Coin, to major exchanges ProBit and LAtoken. Next Rowan Energy set about hiring talent from around the world to help make David's vision become a reality.

Following on from phase two Rowan concluded the development of its Smart Miner technology and manufactured its first revolutionary hardware product. Partnering with a welsh open-source smart meter company Emonpi they were able to move into the current phase three, which has seen the Smart Miner being rolled out to homes as part of its beta launch trial. A national rollout is expected in the latter part of 2021.

Phase four will see the introduction of Rowan as a licenced utilities provider followed by exciting Solar-Battery-EV potential advancements.

Rowan Energy are expected to change the way people buy and sell their energy, bringing a much-needed revision to an increasingly obsolete industry. With encouraging incentives, Rowan Smart Miners and an accessible platform, Rowan offer straightforward financial returns and environmental benefits.

Rowan Energy want to make Green Energy available and rewarding to all.

Join Rowan Rewards today by visiting.

Contact Info:
Rowan Renewable Energy LTD
483 Green Lanes, London, England, N13 4BS
Support@rowanenergy.com
www.rowanrewards.com
www.rowanenergy.com

SOURCE: Rowan Renewable Energy LTD

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Infocus International Launches Wind Power Live Online Training

Singapore, Apr 14, 2021 – (ACN Newswire) – Infocus International Group has launched the Mastering Wind Power online course and it will be commencing live on 23rd June 2021. Throughout the five sessions, you will learn the essential guide to the business of wind power project planning & development.

You will gain an excellent understanding of all the key factors facing wind power developers and investors, from resource assessment and energy production complexities, through technology trends, project development and planning challenges, to financial returns and risks. The course will include the illustration of key concepts using online tools, wind resource datasets, energy yield, financial and other simple calculations, along with discussion of key planning and market environment considerations.

Benefits of Attending:

– Learn from global experiences in wind power project development
– Understand unique properties of wind resource, and how these feed into financial risk analysis
– Gain a business-focused, up-to-date perspective on current and emerging wind technology innovations and project delivery best practices
– Analyse and discuss practical and project delivery risks facing wind power projects, including key stakeholder engagements
– Get hands-on with a financial model to better understand financial risks and returns for wind power projects
– Compare and contrast the unique extra costs and complexities of offshore wind projects with those onshore

In keeping with the business-focused theme of the course, any illustrative materials are designed to provide time-efficient clarification of the key course takeaways, aimed at commercially-focused business developers and investors. They are therefore accessible to non-experts, not designed to replicate the complex or in-depth detailed planning undertaken – over much longer periods! – by experienced engineers and technical teams.

Want to learn more?
Simply email to weslyn@infocusint.com or call +65 6325 0351 to obtain your FREE COPY of event brochure. For more information, please visit www.infocusinternational.com/wind-online .

About Infocus International Group

Infocus International is a global business intelligence provider of strategic information and professional services for diverse business communities.

Infocus International 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.

Weslyn Lee
Tel: +65 6325 0351
Email: weslyn@infocusinternational.com
Web: www.infocusinternational.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

China and Brazil Both Celebrate as World’s First Cross-Sea SkyRail Rolls off Production Line

SHENZHEN, CHINA, Apr 11, 2021 – (ACN Newswire) – On April 8th, BYD ushered in a new milestone, as its Bahia SkyRail vehicle rolled off the production line in Shenzhen. The Bahia SkyRail, located in the city of Salvador, Bahia State, Brazil, is the world's first SkyRail line to be partially built above the sea.

BYD's Full Market Electric Vehicle Solutions

The ceremony was held at BYD's global headquarters in Shenzhen. Rui Costa, Governor of Bahia; Joao Leao, Vice Governor of Bahia; and Mrs. Shao Yingjun, Minister for Commercial Affairs of the Chinese Embassy, witnessed the ceremony online.

Satisfied with the performance of the new model, Governor Rui Costa insisted that the VLT do Suburbio symbolizes an important international partnership for the modernization of urban transport. "After placing Bahia as the second metro extension in Brazil, we now take a large step towards modernization with this modern vehicle that will replace a train that no longer met operating conditions," commented Rui Costa.

Joao Leao, Vice Governor of Bahia, also highly recognized BYD's integral role in the project, expressing sincere gratitude to BYD.

Stella Li, Executive Vice President of BYD Company Limited & President of BYD Motors Inc., said, "Today's vehicles are specially tailored to the unique geographical and cultural environment of Salvador, the smooth and comfortable ride, humanized and intelligent design will bring passengers a more pleasant and convenient green travel experience. Brazil has embraced BYD's green, zero-emission transport offerings across the board, including pure electric buses, trucks, taxis and the SkyRail, making the country the leading model for eco-friendly transport in Latin America. In the future, BYD will continue to work hard with its leading new energy technology and high-quality rail transit offerings to help cities around the world build low-carbon transportation and achieve sustainable development!"

The Bahia SkyRail has been specially customized to meet local regulations and needs, as the world's first SkyRail line built for an overseas market. The vehicle adopts a streamlined design, which reduces wind resistance while enhancing the overall aesthetics. Meanwhile, large, barrier-free doors enable passengers of all kinds to easily enter and exit, regardless of whether they are walking, in a wheelchair or pushing a baby stroller. The vehicles feature a walk-through train design to provide excellent accessibility, and the large windows on both sides offer expansive views for an enjoyable transit experience, while the air suspension system ensures that the vehicle runs quietly and smoothly.

Additionally, SkyRail is equipped with a fully automatic operation system with cutting-edge train control technology and an intelligent customer service system, which realizes a high degree of train automation. It enables more precise operations control, resulting in higher reliability, safety, operational efficiency, and punctuality. Meanwhile, on-board PIS, CCTV, emergency intercom, and other systems serve passengers in real-time, ensuring a safe and convenient riding experience. The vehicles can also be flexibly grouped according to actual capacity needs.

The Bahia SkyRail Line has 25 stations covering a total length of 23.3km. It will be connected with Bahia's existing subway to form a comprehensive public transportation network.

Due to various factors such as local topography, community structure, demolition costs, and passenger volume, the Bahia SkyRail was customized to adhere to several extremely stringent technical standards, all of which it met.

SkyRail is a straddle-type monorail system developed by a dedicated 1,000-strong R&D team following five years of research and development worth 5 billion RMB, which aims to solve traffic congestion in cities. With a minimum turning radius of only 45 meters and able to climb gradients of 10%, SkyRail is well adapted to Salvador's difficult terrain. What's more, advanced autonomous driving technology together with a striking and futuristic appearance allows the SkyRail to seamlessly fit into modern urban environments.

SkyRail's unique technologies have overcome many of the difficulties of construction and operation in Bahia. For example, the elevated tracks don't occupy valuable road surface, meaning the space below them still can be rebuilt into pedestrianized areas, and their elevated position keeps them free from flooding, which has been a problem for the city's existing rail network. Thanks to the integrated line monitoring system and the intelligent operations system, SkyRail can immediately identify risks, solve problems, and reduce manual workloads. Besides offering comfortable, low-carbon and efficient public transport for residents, the expectation is that SkyRail will also help attract new businesses and visitors to the area, aiding the government's efforts to boost local tourism.

The SkyRail has already created a noticeable buzz among local citizens. As early as February 13, 2019, on the day of signing the contract, a large number of citizens held up a banner at the gate of the government of Bahia, which read "very welcome VLT, thank you, governor", and yelled, "let's make it a reality together." Tyler Li, Country Manager of BYD Brazil, also said that when the SkyRail project team went to the local to inspect the progress of the project after half a year, the public recognized them at a glance and said hello cordially.

On January 3, 2020, the state government approved the full preliminary design of the Bahia SkyRail. Bahia Governor Rui Costa said at the time, "SkyRail technology is very advanced, and China's rail technology has far surpassed that of other countries. I believe in Chinese technology."

Representing China's strategic focus on fostering "new infrastructure", BYD's rail transit solutions are being warmly received as it strikes up new partnerships, bringing Chinese technology to the world. In Brazil, BYD has already forged cooperation with two cities, among them Sao Paulo, for which the formal contract to build the metro network's Line 17 was signed on April 27, 2020. BYD is also actively engaged in and negotiating other rail transit projects in more than 20 countries and cities spanning the Americas, Asia Pacific, Europe, and Africa, some of which are already under construction.

About BYD

BYD Company Ltd. is one of China's largest privately-owned enterprises. Since its inception in 1995, the company quickly developed solid expertise in rechargeable batteries and became a relentless advocate of sustainable development, successfully expanding its renewable energy solutions globally with operations in over 50 countries and regions. Its creation of a Zero Emissions Energy Ecosystem – comprising affordable solar power generation, reliable energy storage, and cutting-edge electrified transportation – has made it an industry leader in the energy and transportation sectors. BYD is listed on the Hong Kong and Shenzhen Stock Exchanges. More information on the company can be found at http://www.byd.com.

Media Contact:
> In Asia-Pacific: Mia Gu
mia.gu@byd.com; tel: +86-755-8988-8888-69666
> In North America: Frank Girardot
frank.girardot@byd.com; tel: +1 213 245 6503
> In Latin America: Mariana Osorio
mariana.osorio@byd.com; tel: +56 9 8588 0333
> In Brazil: Adalberto Maluf
adalberto.maluf@byd.com; tel: +19 3514 2554
> In Europe: Penny Peng
penny.peng@byd.com; tel: +31-102070888

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Putting a spin on Heusler alloys

Tsukuba, Japan, Mar 30, 2021 – (ACN Newswire) – A study published in the journal Science and Technology of Advanced Materials summarizes the major achievements made to-date in Heusler alloy research. "Our review article can serve as an ideal reference for researchers in magnetic materials," says Atsufumi Hirohata of the University of York, UK, who specializes in spintronics.

Spin 'batteries' use electron spins, instead of their charge, to power spintronic devices.

Spintronics, also known as spin electronics, is a field of applied physics that studies the use of electron spins, instead of their charge, to carry information in solid-state devices, with reduction in power consumption and improvements in memory and processing capabilities.

A category of materials showing great promise in this area is Heusler alloys: materials formed of one or two parts metal X, one part metal Y, and one part metal Z, each coming from a distinct part of the periodic table of elements. The interesting thing about these alloys is that individually, the metals are not magnetic, but when combined, they become magnetic.

A major advantage of Heusler alloys for spintronic devices is the ability to control their unique electrical and magnetic properties, which result directly from electron spins, by making changes to their crystalline structures. But this requires very high temperatures, which researchers want to reduce.

Over the last few decades, scientists have been working on approaches to grow Heusler alloy films at room temperature on special substrates with crystal lattices that are similar to the alloy's. The interaction between the two lattices can lead to the development of half-metallicity in the Heusler alloy, where only electrons spinning in one orientation are conducted through the material whereas those spinning in another are not.

Researchers need to be able to measure the properties of materials in order to conduct their investigations. The atomic structure of Heusler alloys can be directly observed by X-ray diffraction and indirectly measured through examining the relationship between the material's resistance to an electric current and temperature changes. Other techniques are also available for measuring their magnetic properties.

Hirohata and his colleagues are currently working on fabricating a metallic magnetic junction made of Heusler alloy films. These junctions are made from two ferromagnets separated by a thin insulator. When the insulating layer is thin enough, electrons are able to tunnel from one ferromagnet to the other. There is low resistance to electron movement as long as an external magnetic field is applied, but as soon as it is removed, the material becomes highly resistant to electron movement. "These devices are expected to replace currently used memory cells and magnetic sensors," says Hirohata. The team hopes to develop metallic magnetic junctions with much larger magnetoresistance than the current record at room temperature, realising a next-generation memory for a sustainable society.

Research paper: https://www.tandfonline.com/doi/full/10.1080/14686996.2020.1812364

Further information
Atsufumi Hirohata
University of York
Email: atsufumi.hirohata@york.ac.uk

About Science and Technology of Advanced Materials Journal

Open access journal STAM publishes outstanding research articles across all aspects of materials science, including functional and structural materials, theoretical analyses, and properties of materials.

Chikashi Nishimura
STAM Publishing Director
Email: NISHIMURA.Chikashi@nims.go.jp

Press release distributed by ResearchSEA for Science and Technology of Advanced Materials.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Pacific Green Enters Exclusive Agreement to Develop 1.1GW of UK Based Battery Energy Storage Projects

DOVER, DE, Mar 18, 2021 – (ACN Newswire) – Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces that it has entered into an exclusive agreement to develop up to 1,100MW of battery energy storage systems ("BESS") in the United Kingdom ("UK") sourced by TUPA Energy Limited ("TUPA"). As part of the TUPA agreement, the Company has also today acquired the rights to 100MW of BESS in Kent, UK, and plans to conclude the remaining 1,000MW by 2023.

The acquisition follows PGTK's acquisition of Innoergy Limited and the framework agreement with Shanghai Electric Gotion New Energy Technology Co., Ltd. ("SEG"). The Company is now well placed to become a leader in the UK BESS market and plans to scale up its BESS projects across the world.

TUPA's team have considerable expertise around renewables, land and grid solutions in the UK. The team also has unrivalled knowledge of interconnector systems between the UK and Europe. Such a broad spectrum of knowledge enables the TUPA team to originate projects that are development-ready across the UK and beyond.

Scott Poulter, PGTK's Chief Executive commented: "We are witnessing tremendous growth in the energy storage sector as renewable energy continues to gain momentum. The agreement with TUPA complements and enhances our expertise to build our energy storage platform in conjunction with PowerChina and Shanghai Electric. Together we have the technical expertise and manufacturing capacity to rival the global leaders in the market as designers, developers and manufacturers while being very entrepreneurial in our approach."

Chris Atherton, Chairman of TUPA, commented: "We are excited to be part of Pacific Green's ambitious entry into the UK battery energy storage market. As Pacific Green has demonstrated its ability to scale up in the marine sector building and delivering an order book of USD$250m, dynamism and scalability were key to our decision to go exclusive with Pacific Green. We are delighted to be part of Pacific Green's growth."

PGTK has continued to expand its technologies through its acquisition of ENGIN in 2019 and Innoergy in 2020, so that its portfolio now includes Concentrated Solar Power, Flue Gas Emission Control Systems, Water Desalination and Battery Energy Storage Systems. PGTK continues to actively seek complementary technologies to add to its Cleantech portfolio.

Scott added: "Pacific Green has identified and is now targeting specific industries and sectors where its technology enhances the growing industry of Cleantech solutions. As well as having the capability and resources to carry out large scale projects, Pacific Green will continue to develop and produce new cutting edge products as we expand into new sectors and begin to develop renewable assets."

PGTK's joint venture with PowerChina SPEM, one of the world's largest engineering, procurement and construction companies with annual revenues of around $50 billion, combines elite technical expertise with unrivalled production capabilities in China, ensuring PGTK can scale efficiently in each industry sector.

PGTK's framework agreement with Shanghai Electric further enhances PGTK's position in the Cleantech space. SEG is a joint-venture between Shanghai Electric Group Co., Ltd. ("Shanghai Electric") and Guoxuan High-tech Co., Ltd., and operates among the largest and most advanced production and supply-chain management centers in the world. Shanghai Electric (SHA: 601727), which has 70,000 employees and over US$20billion in operating revenue, provides a strong industrial backing and decades of experience in power equipment manufacturing and integration.

PGTK will continue to adhere to a high-quality development strategy, implement improved processes in all disciplines, and provide state of the art professional and efficient products and services for its customers.

About Pacific Green Technologies, Inc.

Pacific Green Technologies Inc. is focused on addressing the world's need for cleaner and more sustainable energy. The Company offers Battery Energy Storage System (BESS), CSP and PV energy solutions to complement its marine environmental technologies and emissions control divisions. For more information, visit PGTK's website: www.pacificgreentechnologies.com

About POWERCHINA SPEM Co. Ltd

POWERCHINA SPEM is a subsidiary of POWERCHINA, the largest power equipment manufacturer in the PRC. With abundant resources, expertise, strong manufacturing capacity, domestic sales channels and rich experience, POWERCHINA SPEM is in a strong position to deploy PGTK technology throughout the PRC.

About SEG

SEG is a joint-venture between Shanghai Electric Group Co., Ltd. ("Shanghai Electric") and Guoxuan High-tech Co., Ltd., and operates among the largest and most advanced production and supply-chain management centers in the world. Shanghai Electric (SHA: 601727), which has 70,000 employees and over US$20billion in operating revenue, provides a strong industrial backing and decades of experience in power equipment manufacturing and integration.

Notice Regarding Forward-Looking Statements:

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the ongoing effects of the pandemic on delays and orders regarding Pacific Green's emission control system, potential business developments in India and future interest in our solar and desalination technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic and political conditions, the continuation of the JV with POWERCHINA SPEM, the framework agreement with SEG, delivering the projects with TUPA and the ongoing impact of the COVID-19 pandemic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:
Scott Poulter, Chairman & CEO
Pacific Green Technologies
T: +1 (302) 601-4659

SOURCE: Pacific Green Technologies, Inc.

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