Technology

DYCM POWER ANNOUNCES U.S. SOLAR CELL AND MODULE FACILITY

Published

2 weeks ago

September 10, 2024

Company aims to build one of the largest solar cell and module manufacturing facilities in the U.S.

NEW YORK, Sept. 10, 2024 /PRNewswire/ — DYCM Power, LLC (“DYCM Power”), a joint venture formed by Das & Co., LLC and APC Holdings, LLC, today announced its plans to develop an $800 million solar cell and module manufacturing facility within the United States in partnership with Macquarie Capital. The facility will initially produce 2 GW of cells and modules annually, with a planned expansion up to 6 GW.

DYCM Power’s integrated facility will produce advanced TOPCon cells and assemble them into modules, with shipments expected to start in the first half of 2026. DYCM Power is currently finalizing the site selection process in the southeastern United States.

From the start of production, DYCM Power’s modules will meet domestic content requirements with full supply chain traceability and transparency. The company has already entered into a supply agreement with a leading U.S.-based polysilicon provider and secured an MOU with a leading North American glass manufacturer. DYCM Power intends to formally announce these agreements in the near future.

“The Inflation Reduction Act created a unique opportunity for the U.S. to re-establish itself as a leader in solar manufacturing,” said Sriram Das, Co-Founder and Executive Chairman of DYCM Power. “With the support of Macquarie Capital and our world class partners, we are taking a significant step towards solar technology self-sufficiency and strengthening America’s energy security, while also setting a new standard for quality and sustainability in solar manufacturing.”

Richard Powell, Co-Founder and President of DYCM Power, added, “Our partnership with Macquarie Capital is a defining moment for DYCM Power. Working with one of the most experienced and respected names in clean energy investing globally, we will be able to scale faster to meet the significant unmet needs of our customers over the next decade, and in the process create hundreds of good-paying solar manufacturing jobs and have a significant economic impact in the U.S.”

World Class Partnerships
Mortenson, a leading solar engineering, procurement, construction, and commercial contracting firm, will oversee the engineering and construction of DYCM Power’s planned facility. Mortenson’s team will include a workforce of several hundreds, many of which will be hired from the local community involved in the project, ensuring strong community engagement and local economic impact. “Mortenson is proud to lead the design and construction of this ambitious and transformative project,” said Brad Heitland, Vice President of Project Development at Mortenson. “This initiative represents our unified commitment to advancing a clean energy future in the United States, while also helping to solidify the domestic content supply chain for our solar customers.”

ECM Greentech Engineering, a subsidiary of the ECM Group, will be a key strategic partner to the project, providing DYCM with complete turn-key lines for the manufacture of silicon solar cells and assembly of solar panels. ECM Greentech is a leader in the manufacturing of high-quality, advanced solar manufacturing equipment globally. “ECM Group is proud to support DYCM Power in securing an innovative and sustainable solar manufacturing supply chain within the United States,” said Laurent Pelissier, Chairman of ECM Group.

About DYCM Power
DYCM Power is a partnership between Das & Co., LLC and APC Holdings, LLC, two leading US-based investment firms with a shared global perspective and focus on sourcing attractive opportunities that generate outsized risk-adjusted returns for investor and partners. DYCM Power intends to create a vertically integrated solar manufacturing operation which will produce solar cells and modules at its planned facility in the Southeast U.S. For more information visit www.dycmpower.com

About Macquarie Capital
Macquarie Capital is the advisory, capital markets and principal investment arm of Macquarie Group. It encompasses corporate advisory, a full spectrum of capital solutions, including capital raising services from equity, debt and private capital markets and principal investments from Macquarie’s balance sheet. Macquarie Capital has deep sector expertise in the aerospace, energy, defense and government services, consumer, gaming and leisure, financial institutions, healthcare, industrials, infrastructure, real estate, resources, software and services, technology, telecommunications, and media sectors. To learn more about Macquarie Capital, visit our website.

About Mortenson
Mortenson is a U.S.-based, top 25 builder, developer, and engineering services provider serving the commercial, institutional, and energy sectors. The company has been a national leader in renewable energy for over 25 years with more than 15 years of solar energy construction experience. Mortenson has installed more than 95 solar energy projects across 17 states in the United States, providing more than 10 GWs of generation. Mortenson has operations across the U.S. with headquarters in Minneapolis, MN. For more information, visit www.mortenson.com

About ECM Greentech Engineering
ECM Greentech Engineering is a subsidiary of the ECM Group. The company has been dedicated to the design and commissioning of turn-key lines for the renewable energies and semiconductor industries for more than 30 years. It integrates equipment from ECM Greentech, which has pioneered the design and development of industrial size silicon growth furnaces and industrial equipment dedicated to the solar cell and semiconductor industries. For more information, visit https://ecm-greentech.fr/

Media Contact:
Crossley Sanford (Crossley.Sanford@ankura.com)

View original content:https://www.prnewswire.com/news-releases/dycm-power-announces-us-solar-cell-and-module-facility-302244132.html

SOURCE DYCM Power

Technology

DANAconnect and eSource Capital Launch PayrollTrace for Digital Payroll Compliance

Published

6 mins ago

September 22, 2024

PayrollTrace is an innovative, secure platform for paperless payroll receipt delivery, ensuring regulatory compliance and real-time traceability.

FORT LAUDERDALE, Fla., Sept. 22, 2024 /PRNewswire-PRWeb/ — DANAconnect, the leading company in automated business communications, in collaboration with eSource Capital, a prominent Google Cloud Partner in Latin America, announce the launch of PayrollTrace, an innovative platform designed for the secure and efficient digital delivery of payroll receipts, ensuring regulatory compliance and complete traceability in every transaction.

Paul Kienholz, CEO of DANAconnect, highlighted: “PayrollTrace is the next step in automating critical business processes, enabling companies to eliminate paper and manage payroll receipt deliveries with full confidence and transparency, while ensuring regulatory compliance.”

PayrollTrace automates the delivery of payroll receipts through multiple channels, including email and SMS, completely eliminating the use of paper or reliance on email. This solution not only simplifies human resources processes but also ensures regulatory compliance with verifiable technical reports that allow companies to manage and audit receipt deliveries in real time.

Juan Aguilera Franceschi, Managing Partner at eSource Capital, added: “Our partnership with DANAconnect allows us to offer companies in the region a robust solution that optimizes payroll management. PayrollTrace provides the security and flexibility companies need to manage payments efficiently and sustainably.”

The partnership between DANAconnect and eSource Capital combines DANAconnect’s strength in omnichannel business communications with eSource Capital’s expertise in cloud digital transformation. Together, they aim to provide businesses across the Americas with a comprehensive solution that not only optimizes payroll delivery but also ensures compliance with local regulations, guaranteeing that every transaction is backed by complete audits.

About DANAconnect

DANAconnect is a North American company and a leader in communication automation for financial companies through its omnichannel platform. It sends communications to more than 10% of the population of the Americas every month, ensuring secure deliveries, traceability, and large-scale regulatory compliance.

About eSource Capital

eSource Capital is a leading Google Cloud partner in Latin America, specializing in digital transformation and cloud solutions. With a focus on Google Workspace and Google Cloud, eSource Capital helps companies optimize their operations in the digital environment.

Media Contact

Fabiana Arroyo, DANAconnect Corp., 1 8556003262, info@payrolltrace.com, https://www.payrolltrace.com

Twitter, LinkedIn

View original content to download multimedia:https://www.prweb.com/releases/danaconnect-and-esource-capital-launch-payrolltrace-for-digital-payroll-compliance-302254651.html

SOURCE DANAconnect Corp.

Technology

Siemon Announces Optical Patching Solutions for GenAI Networks Using NVIDIA Accelerated Computing

Published

6 hours ago

September 22, 2024

Siemon announces it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks.

WATERTOWN, Conn., Sept. 22, 2024 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, today announced it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks. Large complex GPU clusters can benefit from using structured cabling patch panels versus point-to-point cabling. Siemon acts as a trusted advisor to customers by providing expert advice and best practice recommendations for design & deployment of NVIDIA AI Infrastructure.

“Siemon is very familiar with NVIDIA reference architectures and has worked with many customers to design and deploy NVIDIA clusters… Siemon offers a full range of AI-ready fiber cabling, DAC, and AOC solutions that support 400G, 800G, and 1.6T applications.”

As part of the solution integration, Siemon has joined the NVIDIA Partner Network (NPN) as a Solution Advisor Consultant. NPN Solution Advisor Consultants provide consultation services and expert advice to customers looking to implement NVIDIA-based solutions or technologies. Siemon joins the network to offer its expertise in addressing the unique infrastructure and cabling challenges presented by accelerated computing.

NVIDIA optical reach specifications are calculated assuming two optical patch panels are used in the link and assuming each employ two optical connectors, which makes for a total allowance of four optical connectors in the link. The Siemon optical patching solutions meet NVIDIA requirements and provide customers with flexibility and ease of management.

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

View original content:https://www.prweb.com/releases/siemon-announces-optical-patching-solutions-for-genai-networks-using-nvidia-accelerated-computing-302254640.html

SOURCE Siemon

Technology

AMSimpkins & Associates Awarded Wisconsin Technical Purchasing Consortium Contract RFB 25-002TP – for Identity Verification Solutions

Published

7 hours ago

September 22, 2024

AMSimpkins & Associates has been awarded the Wisconsin Technical Colleges Purchasing Consortium (WTC-PC) contract for Identity Verification Solutions. This partnership includes providing their advanced S.A.F.E. (Student Application Fraudulent Examination) platform to 16 Wisconsin technical colleges, enhancing security and safeguarding against fraudulent student applications. With a focus on higher education, AMSA aims to support these institutions in maintaining the integrity of their admissions processes and preventing identity fraud. This collaboration underscores AMSA’s commitment to delivering innovative solutions tailored for the education sector.

ATLANTA, Sept. 22, 2024 /PRNewswire-PRWeb/ — AMSimpkins & Associates is proud to announce its selection by the Wisconsin Technical College System Purchasing Consortium (WTC-PC) to provide Identity Verification Solutions through the S.A.F.E. platform. The WTC-PC comprises 16 independent, publicly funded two-year technical colleges across Wisconsin, including Blackhawk Technical College, Chippewa Valley Technical College, Fox Valley Technical College, and Milwaukee Area Technical College, among others.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSA. This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

With a focus on preventing identity fraud, AMSimpkins & Associates’ comprehensive solutions will strengthen the security measures across admissions, enrollment, and financial aid processes, ensuring secure verification and compliance with federal and state regulations. S.A.F.E. will now support Wisconsin’s higher education system, offering its cutting-edge technology to streamline operations and safeguard student data.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSimpkins & Associates,” said Maurice Simpkins, President and Founder. “This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

As part of this agreement, AMSimpkins & Associates will deliver comprehensive services, including system integration, training, and ongoing support to ensure seamless implementation. S.A.F.E.’s capabilities are designed to evolve with growing threats of fraudulent activities, keeping institutions one step ahead in securing student identities.

Institutions in the Wisconsin Technical College System:

Blackhawk Technical CollegeChippewa Valley Technical CollegeFox Valley Technical CollegeGateway Technical CollegeLakeshore Technical CollegeMadison Area Technical CollegeMid-State Technical CollegeMilwaukee Area Technical CollegeMoraine Park Technical CollegeNicolet Area Technical CollegeNorthcentral Technical CollegeNortheast Wisconsin Technical CollegeNorthwood Technical CollegeSouthwest Wisconsin Technical CollegeWaukesha County Technical CollegeWestern Technical College

The S.A.F.E. platform’s advanced identity verification services will play a pivotal role in securing sensitive data and ensuring a safe and fraud-free environment for Wisconsin’s technical colleges and their students.

For more information about AMSimpkins & Associates and the S.A.F.E. platform, please visit amsa-highered.com.

Media Contact

LAQWACIA SIMPKINS, AMSimpkins & Associates, 1 6786824193, LSIMPKINS@AMSA-CONSULTING.COM, amsa-highered.com

Twitter, Facebook, LinkedIn

View original content:https://www.prweb.com/releases/amsimpkins–associates-awarded-wisconsin-technical-purchasing-consortium-contract-rfb-25-002tp—for-identity-verification-solutions-302253867.html

SOURCE AMSimpkins & Associates