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SEG Solar Commences Construction on Indonesia’s Largest Integrated Photovoltaic Industrial Park

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BATANG, Indonesia, Sept. 30, 2024 /PRNewswire/ — SEG Solar (SEG), a leading U.S. photovoltaic module manufacturer, commenced construction of its integrated photovoltaic industrial park in Kawasan Industri Terpadu Batang, Central Java, Indonesia. This initiative marks SEG’s commitment to global expansion and investment in Indonesia, aiming to establish a 5GW annual production capacity for silicon ingots, wafers, cells, and modules, making it the largest vertically integrated photovoltaic industrial park in Indonesia.

Nurul Ichwan, Deputy Minister for Investment Promotion, Ngurah Wirawan, President Director of KITB, and Michael Eden, General Counsel of SEG, attended the groundbreaking ceremony and delivered significant addresses. They were accompanied by more than 20 local government officials, including Batang Regional Military Commander Letkol Inf Ahmad Alam Budiman, leaders from the Grand Batang City, and SEG’s Indonesian core management team.

Phase one of the project is set to build 10 cutting-edge N-type cell production lines, aiming for an annual capacity of 5GW, with completion anticipated by Q2 2025. SEG aims to cooperate with other PV component suppliers, including wafers, ingots, junction boxes, frames, and EVA films, to establish manufacturing facilities in Indonesia, paving the way for comprehensive business development across the entire PV value chain.

Michael Eden, SEG Solar CO-founder and General Counsel, highlighted: “As a crucial part of SEG’s global strategy, we are committed to building the Indonesian facility into a highly efficient and competitive vertically integrated photovoltaic industrial park, optimizing the upstream and downstream layout of the N-type industry chain. The Solar cells and solar panels produced in this industry park will support Indonesian government in its carbon emission reduction plan and supply SEG Solar’s U.S. in Houston module factory, ensuring the traceability and reliability of the supply chain.”

Ngurah Wirawan, President Director of Kawasan Industri Terpadu Batang, said, “SEG’s collaboration with KITB will create a sustainable, green, and smart industrial park. This project will be a key driver in accelerating the green industry transformation in Indonesia and the Southeast Asia region.”

Nurul Ichwan, Deputy Minister for Investment Promotion, Ministry of Investment/BKPM of Republic of Indonesia, emphasized, “The official commencement of SEG’s Indonesian factory signifies a solid step for Indonesia in promoting renewable energy and green industry development with foreign investment. SEG’s investment in Indonesia will stimulate local economic development and enhance Indonesia’s position in the global renewable energy industry supply chain. The industrial park is expected to create over 3,000 jobs, providing employment opportunities and economic vitality to the local community.”

About SEG Solar

Founded in 2016, SEG is a leading vertically integrated PV manufacturer headquartered in Houston, Texas, U.S., and is dedicated to delivering reliable and cost-effective solar modules to the utility, commercial, and residential markets. By the end of 2023, SEG had shipped over 5 GW of solar modules worldwide. The company is expected to exceed a production capacity of 5.5 GW by the end of 2024.

 

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SOURCE SEG Solar

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Gentoo Media – Mandatory notification of trade

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ST JULIANS, Malta, Nov. 14, 2024 /PRNewswire/ — MJ Foundation Fundacja Rodzinna, a company related to Mateusz Juroszek, Board Member and primary insider of Gentoo Media Inc. (Gentoo) has today acquired 115,604 shares in Gentoo at a price of SEK 24,996 per share. After this transaction, close associates of Mateusz Juroszek hold 24,027,766 shares in Gentoo.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

For further information, contact:
Tore Formo, Group CFO, tore.formo@g2m.com, +47 91668678

About Gentoo Media

Gentoo Media is a market-leading affiliate connecting operators and players in the online gambling and sports betting industry. Gentoo Media offers an array of iGaming affiliate solutions, such as paid marketing expertise and quality traffic through our prominent industry sites including AskGamblers, Time2Play, CasinoTopsOnline, WSN and Casinomeister. In 2024, Gentoo Media (formerly GiG Media) became Gentoo Media Inc. following a legal split separating the Media and Platform and Sportsbook business in Gaming Innovation Group (GiG) into two independently listed companies. Gentoo Media Inc. is dual listed on the Oslo Stock Exchange (ticker “G2MNO”) and Nasdaq Stockholm (ticker “G2M”). www.gentoomedia.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/gentoo-media-inc/r/gentoo-media—mandatory-notification-of-trade,c4066199

View original content:https://www.prnewswire.co.uk/news-releases/gentoo-media—mandatory-notification-of-trade-302305030.html

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Xinhua Silk Road: World IoT expo 2024 opens in E. China’s Wuxi to showcase future of smart connectivity

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BEIJING, Nov. 14, 2024 /PRNewswire/ — The World Internet of Things (IoT) Exposition 2024 kicked off on Monday in Wuxi City of east China’s Jiangsu Province, attracting industry leaders, representatives of enterprises and experts from across the globe to discuss industry trends and demonstrate innovative applications.

At the expo’s opening ceremony, Wuxi unveiled a national pilot project in intelligent connected vehicles, which aims to create a cohesive mode for car owners, vehicles and cities connection, contributing Wuxi’s expertise to smart vehicle initiatives.

Additionally, a new smart sensing chip engineering center was launched, representing an investment of over 1 billion yuan and focusing on high-density large-scale substrates and other advanced chip technologies to strengthen the city’s integrated circuit development.

The event also saw the release of several major IoT research achievements, including the 2024 IoT innovation development Taihu index and the 2024 white paper on advanced sensing technology and applications.

The three-day event features exhibitions, panel discussions, and thematic sessions that showcase the latest development in IoT innovations and applications. This year’s expo is poised to drive Wuxi’s high-quality growth in IoT while promoting global tech collaboration and knowledge sharing in the IoT field.

Wuxi has become a navigator of the IoT industry in China. The latest statistics show that in 2023, the scale of the IoT industrial cluster in Wuxi surpassed 450 billion yuan, taking the lead in Jiangsu Province.

Original link: https://en.imsilkroad.com/p/343117.html

SOURCE Xinhua Silk Road

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Agoda Highlights Five Urban Hikes for Adventurous Travelers

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SINGAPORE, Nov. 14, 2024 /PRNewswire/ — Digital travel platform Agoda introduces five urban hikes across Asia, offering travelers a chance to experience the perfect blend of city life and nature. These hikes, ranging from family-friendly to more challenging trails, provide an unmatched perspective on some of Asia’s most dynamic cities.

Whether it’s Elephant Hill in Taipei, with its stunning views of the Taipei 101, or Hong Kong’s famous Dragon Back, active travelers are in for a treat when embarking on these city hike adventures.

Andrew Smith, Senior Vice President, Supply at Agoda said: “Asia is special to have so many incredible hike routes right in the heart of these popular cities. The five highlighted hikes are just a sample of the many breathtaking city trails the continent has to offer. Adventurous travelers will want to try them all and thankfully Agoda helps make travel affordable with great value deals on over 4.5 million properties globally.”

These are the five city hikes, ranked from easiest to most challenging:

Kuala Lumpur’s Bukit Nanas Forest Reserve offers a unique experience of trekking through a tropical rainforest right in the city center. The trail is relatively easy, with well-marked paths and informative signboards about the local flora and fauna, making it a great choice for families and nature enthusiasts.

Elephant Hill in Taipei offers a short but rewarding climb. The trail is well-maintained and provides stunning views of Taipei’s skyline, including the famous Taipei 101. It’s an ideal spot for those looking to enjoy a quick escape into nature without straying far from the city.

In Singapore, the Southern Ridges trail offers a moderate hike through a series of interconnected parks and gardens. Spanning 10 kilometers, this trail provides a lush green corridor amidst the urban environment, with highlights including the Henderson Waves bridge and panoramic views of the city.

Namsan in Seoul presents a slightly more challenging hike, leading to the N Seoul Tower. The trail is popular among locals and tourists alike, offering a mix of natural beauty and cultural landmarks, with several routes to choose from depending on the desired difficulty level.

Finally, Hong Kong’s Dragon’s Back is a favorite for its breathtaking views of the coastline and the South China Sea. This moderately challenging hike is known for its undulating ridges and scenic vistas, providing a rewarding experience for those willing to tackle its ups and downs.

In each of these city hike destinations, Agoda offers great value accommodation. In addition to holiday properties, Agoda’s 130,000 flight routes and 300,000 activities ensure the platform is the one-stop travel solution to help booking an entire trip. The latest Agoda deals can be found in the Agoda app or on agoda.com/deals.

— ENDS —

 

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SOURCE Agoda

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