Technology

Trina Solar Sees Growing Market for Solar in Pakistan

Published

10 months ago

February 28, 2024

LAHORE, Pakistan, Feb. 28, 2024 /PRNewswire/ — Pakistan’s increasing demand for solar energy is on the rise as both residences and businesses increasingly recognize solar power as a reliable and cost-efficient source of electricity.

According to Bloomberg New Energy Finance (BloombergNEF), Pakistan imported USD$1.11 billion worth of solar products from January to September 2023, equivalent to an estimated 4GW of modules. This coincides with the Private Power and Infrastructure Board (PPIB) releasing framework guidelines in September 2023 to expedite power purchase agreements for solar projects and integrate solar onto public building roofs.

In light of these developments, Trina Solar, a global leader in smart PV technology and energy storage solutions, anticipates substantial growth in the Pakistani market. This optimistic outlook is fueled by reforms in solar initiatives, fluctuating fuel prices, and rapid advancements in solar technology. The company’s foresight is supported not only by market dynamics but also by a strategic focus on reducing solar project Levelized Cost of Energy (LCOEs). The introduction of high-power modules, driven by technological breakthroughs like the 210mm n-type i-TOPCon Advanced technology, aligns with the Pakistani market’s preference for high-power output modules. Trina Solar is a pioneer in these technological advancements, foreseeing the industry’s transition into the 700W era.

As evidence of Trina Solar’s impactful presence in Pakistan’s energy sector, the company has undertaken projects across the country in various market segments, including residential, commercial and industrial (C&I), and utility scale. For instance, Trina Solar’s industry-leading 210mm Vertex modules were installed in FectoCement’s (FSEL) 5MW solar project in Islamabad and Asif Rice Mills’s 4MW rooftop solar project in Larkana. C&I installations encompass Packages Mall’s rooftop in Lahore and Fish Farm Variable Frequency Drive’s (VFD) Northern Bypass in Karachi.

Dave Wang, Subregional Head of Trina Solar Asia Pacific, emphasizes the company’s commitment to empowering diverse entities across Pakistan, fostering both economic prosperity and environmental stewardship. Wang states, “Our mission ‘Solar Energy for All’ propels our commitment to delivering industry-leading modules, enabling our customers to achieve ‘grid parity’, making it more economical to generate electricity from solar modules than to rely solely on the conventional grid.”

Wang underscores the significant impact on households and businesses, noting, “Reducing the cost of electricity makes a substantial difference, especially given the recent surge in electricity prices over the last 18 months, driven by high fuel prices and general inflation. Additionally, residences and businesses in areas experiencing prolonged power blackouts can now tap into an alternative source of electricity rather than relying solely on the grid.”

To illustrate the financial benefits, Wang provides an example of a residential household with a monthly electricity consumption of 500 units, resulting in a monthly bill of approximately Rs. 20,000. If the homeowner invests in a 5kW system generating 6200 units at a cost of Rs. 900,000, the potential annual savings of Rs. 341,000 annually. In this scenario, the modules would essentially cover their own costs within 2-3 years.

The adoption of solar is most prominent in major cities like Islamabad, Karachi, and Lahore, driven by higher population density and increased awareness of solar module technology. Larger cities also benefit from multiple installers, providing a range of options, reflecting the growing interest and recognition of the benefits of solar energy in densely populated urban areas.

Building on this momentum, Trina Solar is poised to take center stage at the Solar Pakistan exhibition in Lahore (27-29 February), where it will showcase its latest Vertex N range of 210mm modules, powered by n-type i-TOPCon Advanced cell technology, as well as its energy storage systems, demonstrating its ability to provide integrated smart PV solutions.

Trina Solar will launch in Pakistan the Vertex N 720W (Vertex N NEG21C.20), an n-type i-TOPCon bifacial dual glass module which offers maximum module efficiency of 23.2%, designed for compatibility with existing mainstream system components. It features super multi-busbar (SMBB) technology for better light trapping effect, lower series resistance and improved current collection. The module is most suitable for utility projects.

Other modules on display include the:

Vertex N NEG19RC.20, a 620W bifacial dual glass module with maximum efficiency of 23.1%;Vertex N NEG20C.20, a 645W bifacial dual glass module with maximum efficiency of 22.8%;Vertex DE19R, a mono-facial 585W monocrystalline module with efficiency up to 21.6%.

Besides featuring the latest technology in the market, Trina Solar’s Vertex modules are also showcasing cutting-edge technology tailored to withstand Pakistan’s diverse climate. Rigorous performance trials, including static mechanical load testing, non-uniform snow-load testing, extreme low-temperature mechanical load testing, hail testing, extreme dynamic mechanical load (DML) testing and extreme wind tunnel testing, ensure the modules’ resilience against the harshest elements. This robust testing protocol not only aligns with the specific extreme weather challenges in Pakistan but also guarantees the reliability and durability of Trina Solar modules under varying climatic conditions. Certifications from globally renowned third-party organizations such as UL in North America and TUV Rhineland in Europe affirm their quality and performance.

As part of its comprehensive suite of renewable energy solutions, Trina Solar will also showcase for the first time in Pakistan the latest TrinaStorage product, Elementa 2, a 4.07MWh capacity energy storage system designed for utility-scale projects. It features Trina’s proprietary 306Ah lithium iron phosphate (LFP) cell which has an expected lifetime of 12,000 cycles. Its highly integrated design not only reduces footprint, but also demonstrates intelligent management of its liquid cooling system and rack-level battery management. Backed by a significant in-house battery cell manufacturing capacity, TrinaStorage has emerged as a Tier 1 Global Energy Storage provider, providing independent power producers (IPPs) with containerized storage solutions, positioning it as an indispensable partner for EPCs and developers.

In summary, Trina Solar’s presence in Pakistan signifies a milestone in advancing renewable energy solutions. With cutting-edge technologies showcased at the Solar Pakistan exhibition, including high-power modules and the innovative TrinaStorage Elementa 2, Trina Solar reaffirms its commitment to becoming a total solutions provider for renewable energy.

Trina Solar’s stand at Solar Pakistan is in Hall 1 booth B1-7.

About Trina Solar

Founded in 1997, Trina Solar Co., Ltd. (stock symbol: Trina Solar; stock code: 688599) is mainly engaged in PV products, PV systems and smart energy. PV products include R&D, production and sales of PV modules. PV systems consist of power stations and system products. Smart energy mainly comprises PV power generation and operation & maintenance, smart solutions for energy storage, smart microgrid, and development and sales of multi-energy systems. With the strategic goal of “Creating a new industrial ecosystem led by Trina Solar, and promoting Trina Solar as a leader in smart PV and energy storage solutions “, we are committed to leading the way in smart PV and energy storage solutions and facilitating the transformation of new power systems for a net-zero future. On June 10, 2020, Trina Solar was listed on the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange (SSE). It is the first PV and energy storage company that has gone public on the STAR Market providing PV products and systems, as well as smart energy.

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SOURCE Trina Solar Energy Development Pte. Ltd.

Technology

CES 2025: viaim Unveils Smart Office Tools RecDot and NoteKit with Exclusive Limited-Time Early Access

Published

3 hours ago

January 1, 2025

The brand’s early bird event gives professionals the chance to be the first to experience an unprecedented office experience with exclusive discounts and surprises.

SINGAPORE, Jan. 1, 2025 /PRNewswire/ — viaim, an AI technology hardware company deeply rooted in the smart office sector, is ushering in a new smart office era with its mission to create AI that eliminates repetitive office tasks, enabling business professionals to focus on collaboration, innovation, and more meaningful work. The Company’s upcoming debut at CES 2025 will see the launch of its RecDot AI Work companion earbuds and NoteKit desktop AI recorder that can simplify workflows. viaim AI offers advanced features to enhance productivity and convenience. Its AI assistant analyzes meeting minutes, extracts key points, and generates summaries and to-do lists, simplifying post-meeting tasks.

Empowering business professionals around the world to work smarter and more efficiently, RecDot supports real-time transcription and translation for on-site, call, and audio-video recordings. With translation capabilities in 13 languages, it ensures seamless communication and 48dB deep noise reduction isolates background noise effectively, customizable for various scenarios. Additionally, the 36-hour charging box battery life offers up to 9 hours per use and provides one hour of use with just a 5-minute charge. viaim’s products can streamline meeting workflows and the real-time transcription, translation, and summarization features simplify tasks and improve focus, making it ideal for multinational or foreign-language meetings.

Additionally, the sleek-like-a-pen NoteKit desktop AI recorder plugs directly into a laptop without the need to connect earbuds or additional drivers. It utilizes dual microphones for omnidirectional sound pickup to record audio independently and can clearly capture human voices within five meters and can be independently controlled through physical buttons. It supports transcription of live and audio and video conference recordings, supports recognition and translation of 13 languages, and can provide external subtitles for foreign language videos.

To celebrate the launch, viaim invites users to participate in its exclusive early bird event from January 1 to January 6, 2025. Don’t miss your chance—register now on viaim’s official website (store.viaim.ai) to secure discounts of up to $25 and enter for a chance to win a RecDot valued at $249 ,Time is limited, so act fast and elevate your workplace efficiency with viaim’s latest innovations!

Jane Doe,CMO of viaim said: “Professionals face growing challenges in efficiency and communication, especially with frequent meetings, remote collaboration across time zones, and multilingual needs. Traditional tools fall short, reducing productivity. viaim addresses these pain points, and this launch marks a key step toward smarter workplace solutions.”

Discover viaim at CES 2025 and join the immersive experience at Booth 36709, LVCC South Hall 2, from January 7 to 10. Explore live product demonstrations, engage in expert-led discussions, and enjoy exclusive offers. Learn how RecDot and NoteKit can transform your workday and unlock new levels of productivity.

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SOURCE VIAIM

Technology

Remote Work Trends: Virtual Vocations’ Q3 2024 Report Spotlights Remote Work Leaders and Top Telework Careers

Published

4 hours ago

January 1, 2025

Based on in-depth analysis of company data, Virtual Vocations’ Q3 2024 jobs report identifies the top 10 remote-friendly employers and the most in-demand fields for fully remote opportunities, including information technology, healthcare, and customer service. The report also celebrates standout members of Virtual Vocations’ Employer Partner Program, which connects jobseekers with reliable remote work options.

TUCSON, Ariz., Dec. 31, 2024 /PRNewswire-PRWeb/ — Virtual Vocations, a leading remote job board and career services provider, has released its Q3 2024 State of Remote Work report, offering valuable insights for professionals seeking flexible, fully remote employment.

“Remote work is more than a convenience—it’s a transformative shift in employment that empowers workers to achieve flexibility, autonomy, and work-life balance.” –Laura Spawn, CEO and co-founder of Virtual Vocations

Each quarter, Virtual Vocations analyzes company data to spotlight the top 10 remote-enabled companies and industries for fully remote positions. This report also highlights new members of Virtual Vocations’ Employer Partner Program, showcasing organizations dedicated to providing legitimate, fully remote job opportunities.

In Q3 2024, the Virtual Vocations Remote Jobs Database featured fully remote job postings from more than 7,600 unique companies, reflecting the growing demand for flexible work options. Across July, August, and September, approximately 68,000 fully remote job postings were available, with an average of 22,645 new jobs added each month by Virtual Vocations’ team and its Employer Partner Program members. Compared to Q3 2023, access to fully remote job postings increased by 25%, demonstrating the steady expansion of remote work across industries.

As remote work continues to thrive, a growing number of companies and careers are embracing work-from-anywhere flexibility. “Remote work is more than a convenience—it’s a transformative shift in employment that empowers workers to achieve flexibility, autonomy, and work-life balance,” said Virtual Vocations CEO Laura Spawn. “Our Q3 2024 report provides jobseekers with the tools and insights they need to succeed in this evolving environment.”

Ranked by the total number of 100% remote job postings added to the Virtual Vocations database during the quarter, the following companies and industries were identified as the best for fully remote work:

TOP 10 COMPANIES FOR FULLY REMOTE JOBS
1. VocoVision, Inc.
2. UnitedHealth Group
3. Centene Management Company, LLC
4. Humana Inc.
5. Microsoft Corporation
6. Coalition Technologies
7. Allstate Insurance Company
8. Leidos, Inc.
9. General Dynamics Information Technology, Inc. (GDIT)
10. Ambry Genetics Corporation

TOP 10 INDUSTRIES FOR FULLY REMOTE JOBS
1. Information Technology
2. Healthcare
3. Sales
4. Marketing
5. Customer Service
6. Management
7. Financial
8. Project Management
9. Human Resources
10. Account Management

Virtual Vocations also recognized its standout Employer Partners for Q3 2024—organizations that have demonstrated a strong commitment to remote work. These partners actively collaborate with Virtual Vocations to maintain a steady flow of fully remote job opportunities, benefiting both employers and jobseekers. The third quarter’s top Employer Partners included:

Omni Interactions, Inc.Working SolutionsNexRep LLCSusan G. KomenTTEC Holdings, Inc.Achieve Test PrepAccent AdvisorSmith (Smith.ai)The Sentry

Additionally, five new Employer Partners joined Virtual Vocations in Q3 2024, expanding the community of over 3,600 vetted members committed to virtual hiring.

NEW Q3 2024 EMPLOYER PARTNERS
1. ClientPoint, a software development company
2. Computer Systems Institute, a career education company
3. PFM, a Christian non-profit organization
4. Revive Health Associates, a holistic healthcare organization
5. Giampolo Law Group, a legal services company

By fostering partnerships with remote-friendly employers and supporting diverse industries, Virtual Vocations continues its mission to empower jobseekers with opportunities for meaningful, flexible work.

To read Virtual Vocations’ complete Q3 2024 report, visit: https://www.virtualvocations.com/blog/annual-statistical-remote-work-reports/q3-2024-state-of-remote-work-10-best-companies-and-careers-for-work-from-home-jobs/.

ABOUT VIRTUAL VOCATIONS
Founded in 2007 by CEO Laura Spawn and her brother, CTO Adam Stevenson, Virtual Vocations is a small company with a big mission: to connect jobseekers with legitimate remote job openings. To date, Virtual Vocations has helped more than four million jobseekers in their quests for flexible, remote work.

In addition to providing a database of current, hand-screened, and 100% remote job openings, Virtual Vocations offers jobseekers a number of tools to aid in their job searches, including exclusive career courses, downloadable jobseeker content, and career coaching and resume writing services. Virtual Vocations also releases several data-driven reports each year on current trends in remote work.

Virtual Vocations, Inc. is a private, family-owned, and 100% virtual company incorporated in Tucson, Arizona.

Media Contact

Kimberly Back, Virtual Vocations, Inc., 1 (800) 379-5092 x. 703, kim@virtualvocations.com, https://www.virtualvocations.com

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SOURCE Virtual Vocations, Inc.

Technology

NJ FAST powered by Plug and Play Graduates 14 Startups in its Inaugural Program

Published

4 hours ago

January 1, 2025

HOBOKEN, N.J., Dec. 31, 2024 /PRNewswire/ — Plug and Play, the world’s leading global innovation platform, has concluded its inaugural cohort, graduating 14 startups for its newest program, the New Jersey Fintech Accelerator at Stevens Institute of Technology powered by Plug and Play (NJ FAST).

Earlier this year, Plug and Play and its founding partners, New Jersey Economic Development Authority (NJEDA), Prudential Financial, and the Stevens Institute of Technology, announced the establishment of NJ FAST.

“Over the past seven years, we have transformed New Jersey’s innovation economy, firmly positioning our state as a national leader in this space and cementing our reputation as the best place for entrepreneurs to start and grow their businesses. Through NJ FAST and our partnerships with Plug and Play, Stevens Institute of Technology, and Prudential, we are empowering emerging leaders in the fintech industry to advance their cutting-edge ideas right here in New Jersey. I look forward to seeing what the inaugural cohort of this program accomplishes in the coming years,” said Governor Phil Murphy.

Building on this foundation, NJ FAST will leverage New Jersey’s longstanding legacy as a leader in the financial industry. With a dedicated focus on fintech, NJ FAST aims to support the growth of innovative companies and create new career opportunities, further expanding New Jersey’s influence in the national finance and fintech sectors.

“NJ FAST will have a long-term impact on the entrepreneurial ecosystem of New Jersey, creating a legacy of success and innovation within the financial services industry for years to come,” said Saeed Amidi, Founder and CEO of Plug and Play. “This initiative is about embedding a culture of innovation in New Jersey, and beyond, with startups we believe can change the world.”

NJ FAST is designed to offer entrepreneurs a platform to drive innovation across the state of New Jersey. Selected startups will benefit from mentorship, funding resources, and opportunities to collaborate with industry experts. As part of the program, startups will have access to Plug and Play’s extensive network of corporate, government, investor, and university partners, providing them with invaluable insights, support, and potential strategic partnerships.

“Since taking office, Governor Murphy has prioritized growing New Jersey’s innovation economy by ensuring that companies of the future have access to first-rate resources and support,” said NJEDA Chief Executive Officer Tim Sullivan. “Through NJEDA’s Strategic Innovation Centers initiative, centers like NJFAST are working to empower startups to develop cutting-edge technologies that create jobs, support long-term sustainable economic growth, and attract world-class talent. The graduation of NJFAST’s inaugural cohort serves as a testament to the initiative’s success fostering innovation, and solidifying New Jersey’s role as a leader in fintech and insurtech.”

Plug and Play is accepting applications for Batch 2 of NJ FAST until January 6th, 2025.

The inaugural batch of NJ FAST consists of the following startups:

DIRO is the first Original Documents capture platform to offer full global coverage.

Physis Investments leverages AI and its proprietary in-house database of over 176 million data points to generate sustainability insights through a SaaS platform and a generative AI-based chatbot.

SPIN Analytics brings digital transformation in credit risk management by leveraging predictive analytics, AI, and ML techniques on big data.

Balcony Technology Group leverages distributed ledger technology to provide the real estate ecosystem with a blockchain-based solution for improved Security, Automation, Transparency, Integration, And Interoperability.

Intergen DATA Develops proprietary AI/ML algo’s to predict when Life Events may occur, what it could be, & how much of a financial impact it would make.

Muse Tax is an A.I.-based tool that finds every tax deduction and credit for you, showing you ways to save on taxes.

Multimodal automate complex, knowledge-based workflows in banking, insurance, and healthcare using generative AI agents.

bckers is an AI and Fintech information services company that specializes in delivering data and analytical tools to assess and score the performance, integrity, and risk of organizations and teams.

Hydronos Labs transforming access to comprehensive weather and climate risk assessment, planning and mitigation capabilities in a constantly changing climate, delivering the latest science in an easy-to-digest and cost-effective manner.

LexFund is the first US marketplace for the multi-billion dollar litigation finance industry.

Synthera.ai generate realistic yield curves, stock prices, FX rates and more using cutting edge generative AI., allowing investors to test their portfolios on thousands of unseen market scenarios and unlock novel insights previously beyond reach.

Mobysign is a mobile application that offers strong authentication for payments, logins, document signatures and any transaction.

CurraPay is building the Booking.com of the international money transfer market.

Accern NoCodeNLP Platform empowers citizen data scientists to extract fast and easy insights from unstructured data.

For more information about NJ FAST, visit https://www.plugandplaytechcenter.com/plug-and-play/innovation-services/our-programs/nj-fast.

About Plug and Play

Plug and Play is the leading innovation platform, connecting startups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, we’re present in 60+ locations across five continents. We offer corporate innovation programs and help our corporate partners in every stage of their innovation journey, from education to execution. We also organize startup acceleration programs and have built an in-house VC to drive innovation across multiple industries where we’ve invested in hundreds of successful companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi. For more information, visit https://www.plugandplaytechcenter.com/

Media Contact
press@pnptc.com

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SOURCE Plug and Play