Connect with us

Technology

The largest single grid type energy storage project in China is connected to the grid and put into operation

Published

on

AKSU, China, Nov. 8, 2024 /PRNewswire/ — On November 8, the country’s largest single grid-type energy storage project, the Xinhua Wusi 500,000 kW/2 million kWh grid-type energy storage project, which is the first 250,000 kW/1 million kWh lithium iron phosphate battery energy storage project to be connected to the grid and put into operation, at the same time, the project is also the country’s largest hybrid energy storage project featuring all-vanadium flow and lithium iron phosphate batteries, and it is also China’s largest all-vanadium liquid flow grid energy storage project.

According to reports, the total investment of the project is 4.1 billion yuan, the use of two kinds of energy storage batteries, including lithium iron phosphate batteries, energy storage time of 4 hours, the station can store 2 million KWH of electricity once charging, can meet the electricity demand of about 300,000 households for 1 day.

Compared with the same thermal power generation capacity, Xinhua Wushi energy storage project can save 150,000 tons of standard coal and reduce carbon dioxide emissions by 390,000 tons per year.

With the help and guidance of Aksu Regional Development and Reform Commission, the State Grid Aksu Power Supply Company successfully promoted the grid-connected service work of the project, actively practiced the principle of “three early actions, pass forward”, “should and do” and “can and early”, and flexibly organized personnel to carry out acceptance work on the site several times according to the project construction progress, and timely assisted elimination and rectification of problems found. Ensuring the project is connected to the grid smoothly.

Up to now, the total installed capacity of Aksu power grid is 9,066 MW, of which 6,388 MW of clean energy is installed, accounting for 70.46% of the total installed capacity, and has walked out of a green, low-carbon and high-quality development path.

 

View original content:https://www.prnewswire.com/apac/news-releases/the-largest-single-grid-type-energy-storage-project-in-china-is-connected-to-the-grid-and-put-into-operation-302299715.html

SOURCE State grid Aksu power supply company

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Dow Jones Expands Investment in Ripjar

Published

on

By

Increased Minority Ownership Stake Furthers Growing Commitment to the Risk and Compliance Market

NEW YORK, Nov. 8, 2024 /PRNewswire/ — Dow Jones today announced it has expanded its ownership stake in Ripjar, a global leader in data intelligence software. This strategic investment reflects Dow Jones’s ongoing commitment to providing leading-edge AI to the risk and compliance community. The move is the latest in a series of investments and initiatives that have helped transform Dow Jones to become a leading information service provider.

Since its founding, Ripjar has pioneered new technologies to protect financial firms and enterprises from the rising threat of money laundering, fraud, cyber crime and terrorism. Dow Jones has partnered with Ripjar since 2018 to deliver advanced risk screening and monitoring solutions to thousands of compliance customers. It first announced an equity investment in Ripjar in 2023.

“It’s our mission to deliver the world’s most trusted journalism, data and analysis to help people make decisions. Our increased investment in Ripjar helps Dow Jones in serving the growing global Risk and Compliance community,” said Almar Latour, CEO of Dow Jones and Publisher of The Wall Street Journal. “We continue to find ways to expand our products and services to professionals who navigate an increasingly complex global economy and remain up-to-date on the evolving regulatory landscape.”

Dow Jones’s executive vice president and general manager of Risk & Research Joel Lange will work closely alongside Ripjar’s newly appointed CEO Tom Obermaier and majority investor Long Ridge Equity Partners to grow its operations internationally, as well as supporting new and existing customers to navigate a complex compliance landscape.

With this increased stake, Dow Jones reinforces the importance of this long-standing partnership while strengthening its own position at the forefront of innovation. This is also the latest investment the company has made in new and emerging technologies that further its portfolio of B2B products and services. Earlier this year, Dow Jones acquired A2i Systems, a world leader in AI-powered fuel pricing solutions, to support its growing energy business and infuse innovation across the portfolio.

This investment comes at a time of rapid growth for Dow Jones Risk & Compliance, which provides best-in-class data, integrated technology solutions and due diligence services for managing regulatory and reputational risk. In fiscal year 2024, the business grew 16% year-over-year, reaching nearly $300 million in revenues.

About Dow Jones
Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital, mobile and live events. Dow Jones has produced unrivaled quality content for more than 130 years and today has one of the world’s largest news-gathering operations globally. It is home to leading publications and products including the flagship Wall Street Journal, America’s largest newspaper by paid circulation; Barron’s, MarketWatch, Mansion Global, Financial News, Investor’s Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, OPIS and Chemical Market Analytics. Dow Jones is a division of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV).

About Ripjar
Ripjar is a data intelligence platform company whose mission is to help organisations and governments automate the detection, investigation, and monitoring of threats from criminal activity. Founded by former members of the UK’s Government Communications Headquarters (GCHQ), Ripjar develops software products that combine automation, artificial intelligence, and data visualisation to help companies solve the most complex risk and security management problems at scale. For more information, visit www.ripjar.com and follow @Ripjar on LinkedIn.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dow-jones-expands-investment-in-ripjar-302299583.html

SOURCE Dow Jones & Company, Inc.

Continue Reading

Technology

Carebook to report Q3 2024 Results

Published

on

By

MONTREAL, Nov. 8, 2024 /CNW/ – Carebook Technologies Inc. (“Carebook” or the “Company”) (TSXV: CRBK) (OTCPK: CRBKF) (XETR: PMM1), a leading Canadian provider of innovative digital health solutions, will release its financial results for the quarter ended September 30, 2024 on Friday, November 15, 2024 prior to market opening. Michael Peters, CEO, and Olivier Giner, CFO will hold a conference call and audio webcast to review the results at 8.30am EST. Carebook cordially invites all interested parties to participate in this call.

Conference Call Details

Date

Friday, November 15, 2024

Time:

8:30 a.m. Eastern Time

Local:

1-437-900-0527

North American Toll Free:

1-888-510-2154

RapidConnect URL:

Click here

Webcast URL:

Click here

Conference Replay

Local:

1-289-819-1450

North American Toll Free:

1-888-660-6345

Entry Code:

24051#

Expiration Date:

11/22/2024

About Carebook Technologies

Carebook’s digital health platform empowers its clients and more than 5.0 million members to take control of their health journey. During 2021, the Company completed the acquisitions of InfoTech Inc., a global leader in health and productivity risk management, and CoreHealth Technologies Inc., owner of an industry-leading wellness platform. In combination, these companies create a comprehensive digital health platform that includes both assessment tools and the technology to deliver complementary solutions. Carebook’s shares trade on the TSXV under the symbol “CRBK,” on the OTC Markets under the symbol “CRBKF,” and are listed on the Open Market of the Frankfurt Stock Exchange under the symbol “PMM1.”

www.carebook.com 

For further information contact:

Carebook Investor Relations Contact:
Olivier Giner, CFO
Email : ir@carebook.com
Telephone: (450) 977-0709

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

SOURCE Carebook Technologies Inc.

Continue Reading

Technology

AMETEK Declares Quarterly Dividend

Published

on

By

BERWYN, Pa., Nov. 8, 2024 /PRNewswire/ — The Board of Directors of AMETEK, Inc. (NYSE: AME) declared a regular quarterly dividend of $0.28 per share for the fourth quarter ending December 31, 2024.

This fourth quarter dividend is payable December 20, 2024 to shareholders of record as of December 6, 2024.

Corporate Profile
AMETEK (NYSE: AME) is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annual sales of approximately $7.0 billion. The AMETEK Growth Model integrates the Four Growth Strategies – Operational Excellence, New Product Development, Global and Market Expansion, and Strategic Acquisitions – with a disciplined focus on cash generation and capital deployment. AMETEK’s objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. Founded in 1930, AMETEK has been listed on the NYSE for over 90 years and is a component of the S&P 500. For more information, visit www.ametek.com.

Contact:
Kevin Coleman
Vice President, Investor Relations & Treasurer
kevin.coleman@ametek.com
Phone: 610.889.5247

View original content:https://www.prnewswire.com/news-releases/ametek-declares-quarterly-dividend-302299333.html

SOURCE AMETEK, Inc.

Continue Reading

Trending