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S&P Global Commodity Insights Launches World’s First Independent Daily Solar Module Panel Price Assessments for Asia, US, Europe and a Global Marker

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Aids Transparency in Technology Pricing as Solar Modules Become Increasingly Commoditized

SINGAPORE and NEW YORK and LONDON, July 17, 2024 /PRNewswire/ — Platts, part of S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, energy, battery metals and energy transition markets, has launched the world’s first independent daily, spot market solar photovoltaic (PV) panel price assessments for US, Europe and Asia.  In addition to six individual Platts Solar Module prices, Platts will also publish the Platts Global Solar Module Marker, which is a daily average of the six individual assessments, and which will provide a global perspective of solar panel prices. 

Edurne Zoco, Executive Director of Analysis, Clean Energy Technology, S&P Global Commodity Insights, said: “Solar PV will be the most installed energy source for the next decades, with S&P Global Commodity Insights forecasting more than 4 terawatts direct current (TWdc) of new installations before 2030, which equates to three times the total power generation capacity of the US today. Furthermore, solar will account for nearly 40% of new power generation capacity globally by 2050. Solar modules have become one of the most sought-after commodities in the increasingly competitive energy markets.”

With the exponential growth in the manufacture, trade and installation of solar modules, industry and market interest in an independent, transparent source of physical market solar module pricing has expanded accordingly. After receiving feedback from the market, S&P Global Commodity Insights is now offering six new daily price assessment reflecting the value of bifacial solar modules procured for commercial and industrial (C&I) and utility scale renewable energy projects.

The new spot physical market price assessments of solar modules of differing megawattage (MW) and delivered duty paid (DDP) or free on board (FOB) include: 

Platts Solar Module FOB China 5-50 MW, reflecting 10-30 days forward free on board (FOB) Shanghai, ChinaPlatts Solar Module FOB China 50-100 MW, reflecting 10-30 days forward free on board (FOB) Shanghai, ChinaPlatts Solar Module DDP Europe 5-50 MW, reflecting 28-70 days forward delivery to Rotterdam, EuropePlatts Solar Module DDP Europe 50-100 MW, reflecting 28-70 days forward delivery to Rotterdam, EuropePlatts Solar Module DDP US 5-50 MW, reflecting 28-60 days forward for delivery to US East CoastPlatts Solar Module DDP US 50-100 MW, reflecting 28-60 days forward for delivery to US East CoastPlatts Global Solar Module Marker is a daily average of the six individual solar module panel assessments, which will provide a global perspective of solar panel prices

The Platts Solar Module price assessments reflect solar modules with 570 -720 watts (W) of output. Topcon specification and wafer sizes of 182-210 mm for volumes of 5 megawatt (MW) up to 50 MW, and 50 MW up to 100 MW.  The value reflects solar modules, expressed as an outright price in US cents per watt.

Annalisa Jeffries, Global Head, Electricity Power Pricing, S&P Global Commodity Insights: “We take seriously our commitment to help the marketplace and industry find solutions to pricing challenges and we’re pleased to heed the call and bring transparency to the solar module market, which is becoming more commoditized and is increasingly important to energy transition planning. We bring our 100-year-plus experience in price assessment methodology to a new use, in this electricity-producing technology, at a time when the marketplace is seeking a recognized benchmark provider.”

The price assessments, announced by subscriber note, will follow the Platts Market-on-Close methodology based on the concept that price is a reflection of time. All market pricing indications, such as bids, offers and transactions, will be published in real-time throughout the full-day Platts price assessment process, which culminates in an end-of-day price assessment reflecting the value as determined by buyers and sellers in the open market at the 4:30 pm London market close. For more details visit this link

Importation duties, oversupply, and supply chain costs have led to significant solar module pricing volatility, particularly since the start of 2023.

The new spot market Platts solar module panel DDP and FOB price assessments are available via S&P Global Commodity Insights products and services, including such as Platts Connect, Platts Market Center, and the Platts price database.

The new spot market Platts Solar Module prices augment S&P Global Commodity Insights’ pre-existing Platts spot physical market electricity prices, which have been published for decades, as well as the more recent Platts Capture Prices – what the renewable energy generators receive for the electricity they produce across a daily period — which were launched in 2018 in Europe and 2020 in the US.

Media Contacts:

Americas: Kathleen Tanzy + 1 917-331-4607, kathleen.tanzy@spglobal.com
EMEA: Paul Sandell + 44 (0)7816 180039, paul.sandell@spglobal.com  
Asia: Melissa Tan + 65-6597-6241, melissa.tan@spglobal.com   

About S&P Global Commodity Insights

At S&P Global Commodity Insights, our complete view of global energy and commodity markets enables our customers to make decisions with conviction and create long-term, sustainable value.  

We’re a trusted connector that brings together thought leaders, market participants, governments, and regulators and we create solutions that lead to progress. Vital to navigating commodity markets, our coverage includes oil and gas, power, chemicals, metals, agriculture, shipping and energy transition. Platts® products and services, including leading benchmark price assessments in the physical commodity markets, are offered through S&P Global Commodity Insights. S&P Global Commodity Insights maintains clear structural and operational separation between its price assessment activities and the other activities carried out by S&P Global Commodity Insights and the other business divisions of S&P Global.   

S&P Global Commodity Insights is a division of S&P Global (NYSE: SPGI). S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information visit https://www.spglobal.com/commodityinsights

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SOURCE S&P Global Commodity Insights

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DreamSmart Held AI Ecosystem Launch Event to Unveil Its Full Range of Products

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BEIJING, Sept. 25, 2024 /CNW/ — On September 25, 2024, the DreamSmart AI Ecosystem Launch Event was held in Beijing. DreamSmart released a number of new technology products, including Meizu Lucky 08 AI smart phone, AR smart glasses StarV View, StarV Air 2, smart ring StarV Ring 2, Z10 STARBUFF customized e-sports car jointly created by DreamSmart and Lynk & Co, etc.

DreamSmart has developed an ecological layout in which the two major product series brands, namely Star and Meizu, are parallel, and the three product categories, namely smart phones, smart glasses and smart cars, are developing together.

Meizu Lucky 08 comes in two colors, namely starshine white and meteorite black, with a 6.78-inch 8T LTPO 144Hz 1.5K screen. Equipped with a second-generation Snapdragon 7s mobile platform, a 6000mAh battery, and a 100-million-pixel ultra-clear main camera with an ultra-wide field of view, Meizu Lucky 08 adopts new star rail technology aesthetics to create a unique sense of spatial hierarchy. In addition, Meizu Lucky 08 is specially equipped with a multi-functional AI button supporting more than 100 flagship AI technologies.

Optical waveguide display solution is adopted for StarV Air2 AR smart glasses, which weigh only 44 grams. Equipped with the self-developed StarVision system and a 0.15cc ultra-small single green light engine, StarV Air 2 AR smart glasses support real-time dialogue translation based on AI, flash memory based on AI, AI voice assistant, AR navigation and other functions.

Another StarV View AR glasses equipped with a “high-definition giant screen” use BirdBath technology to create a giant screen experience equivalent to a 188-inch screen effect from 6 meters away. To meet the needs of myopia users, StarV View supports 0-600 degree myopia regulation for the left and right eyes respectively, without the need to install myopia lenses.

StarV Ring 2, a two-in-one smart ring, supports non-invasive blood glucose trend detection and touch interaction in an innovative manner, supports sleep stress monitoring, body temperature trend and blood oxygen monitoring, exercise heart rate monitoring and other functions, as well as realizes multi-device control and operation interconnection. Users can easily use the ring to control StarV Air 2 glasses and smart phones.

As the first customized e-sports car jointly created by DreamSmart and Lynk & Co, Z10 STARBUFF is deeply customized for e-sports fans. It is equipped with the world’s first Flyme Auto high-energy e-sports entertainment cockpit which has a gaming function comparable to that of a PC, as well as a number of hardcore devices including ECARX Makalu Computing Platform, AMD V2000A desktop chip, AMD RX6600M discrete graphics card, water-cooled heat dissipation, Samsung OLED automotive grade high-refresh screen, 1TB solid-state drive and 5G high-speed in-vehicle network. The cockpit layout is also customizable for e-sports users, and it is equipped with Harman Kardon 23-speaker luxury audio for a more immersive in-cabin audio experience.

As presented at the DreamSmart AI Ecosystem Launch Event, Flyme AIOS has deeply integrated AI into all levels of the operating system, providing users with a total of more than 100 AI functions. AI smart phones have been widely recognized by users; XR smart glasses have accompanied users to travel to more than 30 countries and regions, with the “multilingual AI translation” function being used for more than 100,000 hours; Flyme Auto smart cockpit operating system serves nearly 200,000 car owners; and Flyme Auto open platform has supported 14 car models, and is about to support more automotive brands.

At the launch event, Su Jing, CEO of DreamSmart, and Liao Qinghong, COO of DreamSmart, invited partner representatives and user representatives to the stage to jointly light up Sphere, the world’s largest spherical immersive venue in Las Vegas. DreamSmart showed the world its strong scientific and technological strength and broad development prospects.

DreamSmart is a global technology company with a business footprint that has expanded from the Chinese market to overseas regions including Eastern Europe, the Middle East, Southeast Asia and Latin America. In the future, DreamSmart will work with a number of partners to jointly build a global intelligent travel technology ecosystem, providing users with multi-terminal, full-scenario, and immersive integration experiences.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dreamsmart-held-ai-ecosystem-launch-event-to-unveil-its-full-range-of-products-302258388.html

SOURCE DreamSmart

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Sucden Financial Appoints Head of Exchange-Traded Derivatives

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LONDON, Sept. 25, 2024 /PRNewswire/ — Sucden Financial, the multi-asset execution, clearing and liquidity provider, has appointed Rob Noyce as Head of Exchange-Traded Derivatives.

Rob has spent the past 20 years at major global financial institutions, including UBS, Citigroup, and Barclays Capital, focusing on listed derivatives and electronic execution. He will lead Sucden Financial’s non-LME exchange-traded business, with a particular focus on growth and adding value for clients through technology, innovation and electronification.

Before joining Sucden Financial, Rob spent over five years as Director of EMEA Electronic Execution Sales for Listed Derivatives at UBS, where he was responsible for new business and monetisation of existing futures and options e-execution clients. Prior roles include Head of Futures E-Trading Sales and Relationship Management at Citigroup Global Markets, Vice President of Futures E-Sales at Barclays Capital and EMEA Derivatives and FX Sales Director at Bloomberg Tradebook Europe. 

Marc Bailey, CEO of Sucden Financial, said:

“Rob has an excellent track record of implementing technological change and driving business growth at some very large financial institutions. We’re delighted to welcome him to the Sucden Financial team. Rob will play an important role in driving innovation, continuing to grow our business and providing clients with an enhanced service.”

Rob Noyce as Head of Exchange-Traded Derivatives, Sucden Financial, commented:

“I am delighted to have joined Sucden Financial, which has a strong background in the ETD space. I believe there is a significant opportunity to grow the listed derivatives business and increase efficiency by focusing on technology, innovation and electronification.”   

About Sucden Financial

With a history and heritage in commodity futures and options trading, Sucden Financial has evolved and diversified to become a leading global multi-asset execution, clearing and liquidity provider across FX, fixed income, and commodities.

Sucden Financial has a proven track record of over 50 years in financial markets. Since its foundation in 1973, it has been supported by its parent, Sucden, one of the world’s leading soft commodity trading groups, while remaining fully independent in its day-to-day trading operations.

Sucden Financial Limited is authorised and regulated by the Financial Conduct Authority.

sucdenfinancial.com

twitter.com/SucdenFinancial
linkedin.com/company/sucden-financial/
press@sucfin.com

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View original content:https://www.prnewswire.co.uk/news-releases/sucden-financial-appoints-head-of-exchange-traded-derivatives-302257410.html

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Baseus Creates Sound That Moves You with the New Bowie 30 Max Noise Cancelling Headphones

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NEW YORK, Sept. 25, 2024 /PRNewswire/ — As a global leader in the consumer electronics industry, Baseus has always been passionate about creating minimalist products that are easy to use and prioritize the user’s needs. To add to this extensive and innovative range of products, Baseus is excited to unveil the latest Bowie 30 Max Noise Cancelling Headphones. These incredible head-tracking spatial audio headphones provide excellent sound quality and immersive noise canceling – making them the ideal companion when traveling, exercising, or doing outdoor activities.

The Baseus Bowie 30 Max Noise Cancelling Headphones also come highly recommended by GRAMMY and EMMY award winners to ensure a level of sound engineering worthy of those accolades. Let’s explore some of the key features of these pioneering headphones:

Head-Tracking Spatial Audio Technology: The Baseus Bowie 30 Max Noise Cancelling Headphones use innovative head-tracking spatial audio technology with built-in gyroscopes and accelerometers. These work together to ensure smooth and accurate tracking of head movements to give users a truly immersive and lifelike sound experience with cinematic 3D audio.

-45dB Active Noise Canceling: Enjoy undisrupted entertainment with -45dB Active Noise Canceling that blocks out 96% of external sound. Baseus Bowie 30 Max Noise Cancelling Headphones also come with built-in dual Active Noise Canceling microphones that use digital noise cancellation technology to detect and cancel out a wide range of low and mid-frequency noises – such as cars, airplane engines, and other background sounds. Soft earmuffs also provide a greater sound seal and build a comfortable, immersive, and private space for your listening.

Hi-Res Audio Wireless/Wired Certified: The Baseus Bowie 30 Max Noise Cancelling Headphones ensure superior audio resolution that goes beyond your imagination. The use of LDAC technology in the headphones enables the transmission of audio content at the maximum bitrate of 990kbps – even over Bluetooth. This includes high-resolution audio and increases audio detail up to 3 times when compared to average audio designs.

50mm SuperBass Drivers: Feel a 200% bass increase with the 50mm SuperBass drivers inside your Baseus Bowie 30 Max Noise Cancelling Headphones. With extensive research on user listening habits, Baseus has taken to using the latest SuperBass acoustic algorithms to amplify sound excellence. The technology seamlessly upgrades every frequency within the human audible range without compromising sound quality – ultimately boosting the bass experience by up to 200% and creating an immersive audio experience like no other.

65-Hour Battery Life and Baseus Rapid Charge: Enjoy your superior sound with a 65-hour long battery life from your Baseus Bowie 30 Max Noise Cancelling Headphones. The extended battery life ensures that your headphones adapt to use on long journeys, outdoor treks, and other time-consuming activities. Baseus understands the frustration of a low battery on a long trip, so we’ve also ensured that your Bowie 30 headphones give you 14 hours of playtime with a quick 10-minute charge – giving you less time to wait and more time to play.

Foldable and Compact Design: The Baseus Bowie 30 Max Noise Cancelling Headphones are designed for efficiency and portability. The compact, foldable, and 120° rotatable earcups make the headphones ideal for storage and traveling while the unique and customizable headband ensures a comfortable fit with soft ear cushions to give you easier extended wear. The Bowie 30 max headphones also use a monaural fold design to ensure lightweight and functional ease.

Baseus is dedicated to providing enhanced and innovative products that entertain users while ensuring peak comfort, immersive sound, and amplified audio engineering. At Baseus, boundaries are always being pushed to create a simpler and more convenient lifestyle for users. The Baseus Bowie 30 Max Noise Cancelling Headphones are a clear example of – and step towards – technology that redefines sound excellence as something seamless, affordable, and inherent in every Baseus product.

Availability:

The Baseus Bowie 30 Max ANC Headphones will launch an Early Bird event on the Baseus website starting September 25th at an MSRP of $99.99.

From September 25th to October 1st, the headphones will be available at a special price of $51.99, followed by a price of $55.99 from October 2nd to October 7th.

They will be available on Amazon.com starting October 8th, and on Amazon UK and Europe from October 15th.

About Baseus

Founded in 2011, Baseus was born out of utmost care for users. The company embodies its slogan: Practical. Reliable. Base on User. This shows the pursuit of ultimate practicality to solve users’ problems with outstanding design and fashionable appearances that also reflect reliability, high quality, and cost-effectiveness. Baseus delivers a variety of products – including Portable Chargers, Desktop Chargers, Wall Chargers, Wireless Earbuds, and Docking Stations. Chosen by 300 million users and providing 6 billion services, Baseus delivers over 100 million practical and aesthetic products each year, continuously enhancing users’ sense of fulfillment. Join the Baseus family today to see a new world of technological innovation.

Media Contact:
Name: Baseus PR Team
Phone: +1 (213) 512-7063
Email: pr@baseus.com
Baseus Technology (HK) Co., Ltd

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/baseus-creates-sound-that-moves-you-with-the-new-bowie-30-max-noise-cancelling-headphones-302257969.html

SOURCE Baseus Technology (HK) Co., Ltd

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