Technology

Hoymiles Powers Latvia’s Largest Energy Storage Project at Tārgale

Published

2 weeks ago

November 6, 2024

VENTSPILS, Latvia, Nov. 6, 2024 /PRNewswire/ — On November 1, 2024, Tārgale Wind Park held its grand opening, unveiling Latvia’s first major energy storage facility. Hoymiles, as a key technology supplier, played a pivotal role in the project. Managed by Utilitas, Latvia’s largest wind energy producer, this project combines wind energy generation with advanced storage capabilities, setting a new standard for renewable energy infrastructure in the country.

The Tārgale Wind Park, initially launched in 2022 with an annual generation capacity of 155 GWh, has recently integrated a utility-scale energy storage system to enhance grid stability. Hoymiles supplied essential components for this storage system, including 3,450 kW Power Conversion System (PCS) containers on the AC side and 3.44 MWh battery containers on the DC side. This new energy storage system has a capacity of 20 MWh, enabling the park to store surplus energy generated during periods of high wind and supply it back to the grid when needed. The project represents a €7 million investment, underscoring Utilitas Wind’s commitment to advancing sustainable energy solutions in Latvia.

The opening ceremony was attended by key Latvian officials, including Minister for Climate and Energy Mr. Kaspars Melnis. “It is essential to build new green energy capacity to ensure the resilience and smooth operation of our energy systems as we prepare for a key transition early next year. We are clearly moving in the right direction,” he said.

The new energy storage system marks a major advancement for Latvia, which is working to stabilize its energy supply while supporting sustainable development.

Hoymiles is proud to contribute to the Tārgale Wind Park energy storage project. Through innovation and technical expertise, Hoymiles continues to support global clean energy initiatives, making sustainable energy accessible to everyone.

About Hoymiles

Founded in 2012, Hoymiles is a clean energy solution provider, specializing in module-level inverters and storage systems. With a vision of a clean, sustainable future, the company strives to drive innovation in the smart energy industry with its high-performance, accessible products. Learn more at Hoymiles’ official website.

About Utilitas

Utilitas Wind SIA is part of the Estonian energy company Utilitas. Utilitas Group is moving towards carbon neutrality by building new renewable energy production capacities, investing in solar and wind energy, and implementing the first green hydrogen pilot project in Estonia. Learn more at https://www.utilitas.ee/en/.

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View original content:https://www.prnewswire.co.uk/news-releases/hoymiles-powers-latvias-largest-energy-storage-project-at-trgale-302297359.html

Technology

Oberon Securities Advises Keens Steakhouse in Sale Transaction

Published

43 minutes ago

November 23, 2024

Oberon Securities acted as exclusive advisor to Keens Steakhouse in the sale transaction.

NEW YORK, Nov. 23, 2024 /PRNewswire-PRWeb/ — Oberon Securities, a New York-based middle market investment banking firm, acted as exclusive advisor to Keens Steakhouse in the sale transaction announced yesterday.

With more than 70 senior bankers serving businesses across the country and around the world, Oberon is one of the fastest growing New York City based middle-market investment banking firms. Its clients benefit from the market credibility associated with the firm’s longstanding relationships with many of the nation’s largest and most prestigious institutional investors. Oberon’s approach has generated numerous long-term, multi-transaction client engagements and attracted investment bankers who have spent their careers working with middle-market companies.

Media Contact

Steven Alschuler, Oberon Securities, 1 917-647-2151, steve@alschulerpr.com, https://oberonsecurities.com/

View original content to download multimedia:https://www.prweb.com/releases/oberon-securities-advises-keens-steakhouse-in-sale-transaction-302314708.html

SOURCE Oberon Securities; Oberon Securities

Technology

Specified Technologies Inc. Unveils Firestop Clash Management and Locator Updates

Published

4 hours ago

November 23, 2024

SOMERVILLE, N.J., Nov. 23, 2024 /PRNewswire/ — Specified Technologies Inc. has announced their latest Firestop Clash Management (FCM) and Firestop Locator (FSL) releases. FCM automates the process of locating and assigning firestop solutions to conditions within Autodesk® Revit®, enabling firestop novices to find firestop solutions like a firestop expert. In this latest release, STI has further expanded the capabilities of FCM by integrating it with their firestop documentation and compliance tool, Firestop Locator (FSL). FSL enables contractors and facilities’ teams to document the status, location, and products used for any and all fire life safety services across a building.

In the latest update for FSL, teams can now create custom items to track any service on their project beyond the base six (Penetration, Joint, Extinguisher, Door, Damper, and Barrier). Teams can also modify the base six items to include project specific inspection and maintenance requirements and any other details that they would like to be tracked.

With this new integration, decisions made during the design phase of a building using FCM are seamlessly passed into FSL during the construction phase, giving implementation teams a jump start on work to be done. This integration also improves data integrity and eliminates the guesswork in the field of determining what firestop systems and products are to be used where.

“We’re proud of the latest releases of FCM and FSL and look forward to continuing to support the fire life safety community,” says Justin Pine, Sr. Manager of Software & Services.

Specified Technologies Inc. promotes life and building safety by developing innovative fire protection systems and accompanying digital tools that help stop the spread of fire, smoke, and hot gases. Our SpecSeal® and EZ Path® product lines are engineered for easy installation and deliver powerful performance, often resulting in lower installed costs. Since firestopping is our only business, we concentrate all our resources on providing the highest quality, fully tested, innovative firestopping solutions.

Contact: Jess Bern; jbern@stifirestop.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/specified-technologies-inc-unveils-firestop-clash-management-and-locator-updates-302314629.html

SOURCE Specified Technologies, Inc.

Technology

ZICC: Internet Experts Pay Attention to the Development of Artificial Intelligence

Published

5 hours ago

November 23, 2024

BEIJING, Nov. 23, 2024 /CNW/ — During the Wuzhen Summit of the World Internet Conference, ZICC interviewed Internet experts from all over the world.

Lampros Sterg, UNESCO Chair in AI & Data Science, said that AI can accelerate social progress, but it needs to be used properly to avoid its negative effects in order to benefit citizens and society. Latif Ladid, the president of the IPv6 Forum, called for the establishment of a global governance system to allow artificial intelligence technology to serve humanity for good. South Korean computer scientist Kilnam Chon shared insights on AI’s positive role in healthcare. He urged global efforts to ensure AI safety and prevent its misuse in weapons. Indian entrepreneur Bibin Babu said he believes that AI will not replace humans, but will create more new jobs.

View original content to download multimedia:https://www.prnewswire.com/news-releases/zicc-internet-experts-pay-attention-to-the-development-of-artificial-intelligence-302314745.html

SOURCE ZICC