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LongPath Technologies Secures Up To $189M Conditional Loan Commitment from U.S. Department of Energy for USA Methane Emissions Monitoring Network

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Advanced technology aims to eliminate six million tons of carbon dioxide annually, equivalent to removing 1.3 million cars from U.S. roads.

DENVER, Jan. 5, 2024 /PRNewswire/ — LongPath Technologies, Inc. (LongPath) has received a conditional commitment for an up to $189 million loan guarantee from the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO). This landmark financial backing aims to accelerate the Made in USA procurement, assembly, and installation of LongPath’s Active Emissions Overwatch System across key U.S. oil and gas production basins.

LongPath’s breakthrough technology embodies the art of the possible in American climate innovation.

Pioneering Methane Emissions Detection and Reduction

LongPath’s technology offers reliably accurate continuous monitoring and quantification of methane emissions—a greenhouse gas up to 80x more potent than carbon dioxide—in real-time. The loan will support the scaling of LongPath methane detection and quantification technology to include 1,000 large-area remote methane monitors across Texas, Oklahoma, Kansas, Colorado, North Dakota, and New Mexico, serving as a game-changer for emissions detection, localization, and quantification.

“LongPath’s breakthrough technology embodies the art of the possible in American climate innovation. With our rigorously accurate, real-time methane monitoring system, we are not just theorizing solutions, but actively implementing a scalable and effective approach to a pressing environmental challenge. This is Made-in-USA technology resonates with our nation’s commitment to both environmental stewardship and technological leadership. As we scale our network across key basins, we’re poised to set a new standard for emissions detection, localization, and quantification. At a time when policy makers are keenly focused on actionable, measurable solutions, LongPath stands as a compelling example of how American ingenuity can drive meaningful progress in methane emissions reduction. The support from an innovative capital provider to scale this emissions network is a testament to that,” said Sam Cummings, CFO LongPath Technologies.

Bridging Gaps in Current Emission Monitoring Systems

Traditional methane monitoring often relies solely on infrequent flyovers and optical gas imaging (OGI) cameras, which are significantly less effective and leave gaps in time and fidelity of intermittent and super-emitter leak detection. LongPath’s technology is designed to fill these gaps. With the potential to reduce greenhouse gas emissions by approximately 90% compared to incumbent methods, and 10x greater detection levels and 2-3x accuracy vs point sensors, LongPath’s Active Emissions Overwatch System is set to redefine the standards of methane monitoring and measurement.

Economic and Job Benefits

Beyond its environmental impact, the LongPath Active Emissions Overwatch network project is expected to create 35 construction jobs and 266 operations jobs at its peak. This aligns with the DOE’s commitment to creating quality jobs with strong labor standards, including comprehensive Community Benefits Plans.

Collaboration with Top Research Institutions

The technology was developed in partnership with the University of Colorado, the National Institutes of Standards and Technology (NIST), and with support from DOE’s Advanced Research Projects Agency – Energy (ARPA-E) MONITOR and follow-on SCALEUP programs and commercialized in 2020.

Strengthening Domestic Supply Chains

Components for LongPath’s advanced systems are sourced from suppliers across the United States, bolstering domestic supply chains for crucial energy technologies.

Aligning with National Climate Goals

The LongPath Active Emissions Overwatch network could play a vital role in helping the United States meet its ambitious net-zero targets, advancing environmental justice efforts under the Biden-Harris Administration’s Justice40 initiative.

Next Steps

The conditional commitment is subject to final approval, dependent on LongPath meeting specific milestones, including technical, legal, commercial, and contractual conditions.

About LongPath Technologies:
LongPath Technologies is an emissions network for accurate real-time data, specializing in continuous monitoring of methane emissions across the oil and gas supply chain with expanded services to various markets. LongPath-managed infrastructure provides unrivaled detection and coverage, delivering reliably accurate precision data tailored to clients’ requirements. Its mission is to enable operators to confidently validate their gas performance, boosting operational credibility while driving sustainable futures. We are a trusted partner in emissions management and methane reporting, offering high quality data for confident quantification, measured methane intensity, and differentiated gas certification. LongPath offers cost-effective continuous emissions monitoring solutions supporting the journey towards a low-carbon energy transition. www.longpathtech.com/

 

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SOURCE LongPath Technologies, Inc.

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Zoomlion Smart Industrial City Achieves Full Solar Integration, Setting a Green Benchmark for the Industry

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CHANGSHA, China, Jan. 9, 2025 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”, 1157.HK) announced that the rooftop distributed photovoltaic (PV) project at the Mobile Crane Machinery Park of Zoomlion Smart Industrial City has successfully connected to the grid, marking the achievement of full-capacity solar power integration. With this milestone, all parks within the Smart Industrial City now operate entirely on green energy, setting a new benchmark for sustainability in the industry.

The distributed PV system at Zoomlion Smart Industrial City spans across four major parks: Concrete, Mobile Crane, Earthmoving Machinery and Aerial Work Platform. Covering a total installation area of 400,000 square meters, the solar power system now boasts a total capacity of 85 MWp, with an annual electricity output of 65.6 million kWh. This is equivalent to saving 21,500 tons of standard coal and reducing carbon dioxide emissions by 65,400 tons annually, underscoring Zoomlion’s commitment to energy conservation and low-carbon development.

The rooftop PV system at Zoomlion Smart Industrial City is one of the largest in the industry, generating clean energy that not only lowers operating costs but also supports the company’s high-quality development goals. Moreover, the project enables Zoomlion to apply for more than 6,500 green certificates annually, enhancing the export potential of its products by aligning with international green standards.

Zoomlion has taken a leadership role in promoting green development across its operations. Beyond its industrial parks, Zoomlion has embedded sustainability into its core technological development strategy, advancing foundational research in green technologies. Through green design, manufacturing, management, and standardization, the company is contributing to global sustainable development initiatives.

In 2024, the company implemented comprehensive energy-saving and emission-reduction measures, achieving green transformation from production to product delivery. Zoomlion has significantly expanded its lineup of new energy products to meet diverse market demands. The Aerial Work Platform product line now features over 90% coverage in new energy models.

By leveraging advanced digital and intelligent technologies, Zoomlion has also propelled green transformations across its supply chain and industry ecosystem. The company continues to lead the establishment of green standards, driving the machinery industry towards sustainable and circular growth.

With its ongoing efforts to enhance productivity and empower intelligent manufacturing, Zoomlion is paving the way for a greener future in the machinery industry.

View original content:https://www.prnewswire.com/news-releases/zoomlion-smart-industrial-city-achieves-full-solar-integration-setting-a-green-benchmark-for-the-industry-302346830.html

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LIVE from CES 2025: FOSSiBOT Unveils Disruptive Energy Storage and Rugged Smartphones

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LAS VEGAS, Jan. 9, 2025 /PRNewswire/ — CES 2025 is in full swing in Las Vegas, and FOSSiBOT, a rising star in portable power and rugged devices, is making waves with its latest innovations. A standout product is their high-capacity 5kWh home energy storage system, poised to revolutionize the home energy landscape and redefine industry standards.

CES 2025 Floor: FOSSiBOT’s 7200W Home Energy System Steals the Show

FOSSiBOT is showcasing a powerful 7200W home energy storage system with a substantial 5kWh capacity at CES 2025. Designed to provide reliable backup power, reduce reliance on the traditional grid, and even enable energy self-sufficiency, this system is drawing crowds at the global tech event.

The Significance of 7200W and 5kWh:

7200W Power: This robust output can simultaneously power high-demand appliances like air conditioners, induction cooktops, and electric water heaters, ensuring essential needs are met during power outages. This is a significant power level for the home energy market.5kWh Capacity: This is a key differentiator. In a market dominated by 1-3kWh systems, 5kWh offers significantly extended runtime. For instance, it can power a 90W refrigerator for over 55 hours or a 700W air conditioner for over 7 hours. This capacity sets a new benchmark for home energy storage.

Looking Ahead: FOSSiBOT Developing Balcony Solar Solutions

According to FOSSiBOT, the company is actively developing integrated balcony solar solutions designed to enable users to harvest and store solar energy for greater energy independence. While not on display at CES, FOSSiBOT states this technology is a key focus for future development.

FOSSiBOT’s existing portable power station lineup is also on display, including the F1200 (emphasizing portability), the F2400 (offering increased capacity and higher output), and the flagship F3600 Pro (with advanced features and expandability), showcasing the company’s expertise in portable energy solutions and laying the groundwork for its expansion into the home energy market.

Smartphone Highlights at CES 2025: The S3 Pro Makes a Splash

In the smartphone arena, the recently launched S3 Pro, featuring a vibrant AMOLED display, is making a strong impression at CES 2025, offering attendees a premium visual experience. The unique rear display is also attracting considerable attention. The S3 Pro is available at a competitive price on the FOSSiBOT website.

Existing models like the F106 Pro (combining a large speaker with a 3W camping light) and the F109 (a 5G rugged phone) are also garnering attention at CES 2025 for their reliable performance and distinct features.

The Upcoming F112 Pro: Style Meets Ruggedness Takes Center Stage at CES 2025

The highly anticipated F112 Pro has made its official debut at CES 2025. Blending portability, ruggedness, and stylish design, it features a 6.88-inch HD+ waterdrop display and multiple color options, quickly becoming a focal point on the show floor.

CES 2025: FOSSiBOT Showcases Innovation and Seeks Partnerships

FOSSiBOT’s presence at CES 2025 underscores its commitment to innovation in both the energy storage and smartphone sectors, as the company actively seeks partnerships with global retailers, distributors, and resellers.

FOSSiBOT’s showing at CES 2025 is impressive, and its 5kWh home energy system and new smartphones are poised to make a significant impact on the market.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/live-from-ces-2025-fossibot-unveils-disruptive-energy-storage-and-rugged-smartphones-302346845.html

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Persistent Introduces Pi-OmniKG with Google Cloud

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Accelerating biomedical research with AI-driven solutions

SANTA CLARA, Calif. and PUNE, India, Jan. 9, 2025 /PRNewswire/ — Persistent Systems (BSE: 533179) (NSE: PERSISTENT), a global leader in Digital Engineering and Enterprise Modernization, today announced the launch of Pi-OmniKG, an advanced AI-driven knowledge graph solution developed with Google Cloud technology. ‘Omni’ signifies the ability to universally handle diverse data, and ‘KG’ stands for Knowledge Graphs powered by GenAI. This innovative solution empowers healthcare and life sciences (HCLS) organizations to accelerate biomedical research, streamline data mining processes, and deliver insights with greater speed and accuracy.

Biomedical research is often hindered by time-consuming and labor-intensive data mining workflows. Legacy systems struggle to incorporate and analyze diverse datasets effectively, delaying the generation of actionable insights critical for HCLS enterprises. Pi-OmniKG addresses these challenges by modernizing data integration processes, creating a holistic knowledge base to decipher complex relationships, allowing researchers to make faster, evidence-based decisions by unlocking hidden insights. Furthermore, Pi-OmniKG enables direct querying of structured and unstructured internal data assets, alone or in combination with external data.

Key benefits of the solution include:

Reducing hypothesis generation time, empowering researchers to make faster, evidence-based decisions.Speeding up data processing, leading to improved research efficiency.Seamlessly integrating diverse data types, files, and sources from public and private datasets, creating a unified knowledge base.Incorporating reusable components with built-in flexibility to meet specific client needs for smart decision support.

Pi-OmniKG is built using Google Cloud’s advanced technologies — including the Vertex AI platform, BigQuery, and Cloud SQL — leveraging GenAI capabilities to streamline workflows, standardize data, and enable seamless integration of structured and unstructured datasets. Its intuitive interface allows researchers to query and visualize data, uncovering novel relationships and delivering high-quality insights backed by authentic citations. 

Persistent has been working with Google Cloud’s cutting-edge AI and cloud technologies for over a decade to deliver transformative solutions that address complex industry challenges. The launch of Pi-OmniKG builds on the Strategic Partnership Agreement Persistent announced in June 2024, which strengthens the collaboration between the two organizations to support Persistent’s development of AI-driven solutions across industries. It exemplifies Persistent’s vision of providing a smarter, faster, and more accessible way for HCLS organizations to process biomedical data and drive innovation.

Ganesh Nathella, Senior Vice President and General Manager – HCLS Business, Persistent

“In an era where data-driven insights are vital to accelerating drug discovery, clinical research, and patient-centric care, the challenges of managing vast and complex datasets often impede progress in biomedical R&D. At the intersection of technology and life sciences, our collaboration with Google Cloud enables us to deliver transformative solutions tailored to this industry’s unique needs with a data-first approach. Pi-OmniKG enables life sciences organizations to streamline workflows, leverage data, and drive breakthroughs with precision. Together, we are advancing the capabilities of researchers and research organizations to address critical challenges and accelerate progress across the healthcare and life sciences ecosystem.”

Shweta Maniar, Global Leader, Healthcare & Life Sciences Solutions & Strategy, Google Cloud

“As the volume and complexity of biomedical data continue to grow, researchers need smarter tools that unlock the true potential of this data. Pi-OmniKG, powered by Google Cloud’s GenAI capabilities, showcases how AI can empower organizations to drive faster discoveries, bring therapies to market sooner, and advance global healthcare innovation. This collaboration with Persistent underscores our shared commitment to enabling breakthroughs in life sciences.”

About Persistent

Persistent Systems (BSE & NSE: PERSISTENT) is a global services and solutions company delivering Digital Engineering and Enterprise Modernization to businesses across industries. With over 23,200 employees located in 19 countries, the Company is committed to innovation and client success. Persistent offers a comprehensive suite of services, including AI-enabled software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation. The Company has been recognized as the “Most Promising Company” of the Year by CNBC-TV18 at the 2023 India Business Leader Awards. Persistent has achieved carbon neutrality, reinforcing its commitment to sustainability and responsible business practices. As a participant of the United Nations Global Compact, the Company is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as take actions that advance societal goals. With 327% growth in brand value since 2020, Persistent is the fastest-growing IT services brand in the 2024 Brand Finance India 100 Report.

www.persistent.com

Forward-looking and Cautionary Statements

For risks and uncertainties relating to forward-looking statements, please visit persistent.com/flcs

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SOURCE Persistent Systems

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