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Redefining Financial Frontiers: Nucleus Software Celebrates 30 Years with Synapse 2024 in Singapore

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SINGAPORE, Nov. 25, 2024 /PRNewswire/ — The thriving IndiaSingapore partnership in banking and technology reached a new milestone as Nucleus Software celebrated 30 years of transformative innovation at Synapse 2024, held in Singapore. The event underscored the company’s role in redefining financial services across Southeast Asia (SEA) and the globe, bringing together leaders in finance and technology to explore a shared vision for the future of banking.

Synapse 2024 celebrated 30 years of Nucleus Software’s leadership in driving transformative change across Singapore and Southeast Asia’s financial ecosystem. The event also shone a spotlight on the Global Finance & Technology Network (GFTN), an initiative supported by the Monetary Authority of Singapore (MAS) to champion responsible technology adoption. The event highlighted the deepening synergies between India and Singapore, driven by their shared commitment to innovation, cross-border collaboration, and financial inclusion. As the financial services sector undergoes rapid evolution with advancements in artificial intelligence, blockchain, and digital banking, these partnerships are setting the stage for a more connected, resilient, and inclusive global ecosystem.

Vishnu R. Dusad, Co-founder and Managing Director of Nucleus Software, reflected on the milestone: “For over 30 years, we’ve had the privilege of aligning our journey with Singapore’s ascent as a global financial powerhouse. Back in 1994, when we chose to go East instead of West, it was a bold and emotional decision—guided by our belief in Singapore as a hub for innovation and collaboration. We saw then what remains true today: Singapore is at the heart of the global financial landscape, a place where new ideas take root, and partnerships thrive.”

The event brought together a distinguished array of participants, highlighting the transformative potential of IndiaSingapore collaboration. Mr. Piyush Gupta, CEO of DBS Group and the Guest of Honor, set the tone for the event with his opening remarks, emphasizing the transformative role of big tech in reimagining scalable, customer-centric financial services in the digital age.

Following his address, key speakers enriched the discussions with their insights. Mr. Sopnendu Mohanty, Chief Fintech Officer at the Monetary Authority of Singapore and Group CEO-Designate of The Global Finance & Technology Network (GFTN), underlined the importance of fostering responsible technology adoption and building inclusive financial ecosystems. Mr. Vinod Rai, globally respected public policy expert, Distinguished Visiting Research Fellow at the National University of Singapore, and former Comptroller and Auditor General of India, shared his perspectives on governance and policy frameworks in financial systems. Mr. S.M. Acharya, Chairman of Nucleus Software and former Defence Secretary of India, offered a visionary outlook on leveraging technology to modernize and secure banking frameworks. Finally, Mr. Pieter Franken, Co-founder and Director of GFTN (Japan), a global FinTech pioneer and deep tech innovator, discussed the future of decentralized finance and its implications for the financial sector.

The event showcased the transformative role of technology in global financial systems, emphasizing innovations that set benchmarks for scalability and inclusivity. Panelists discussed the importance of localized solutions, the challenges of cross-border integration, and leveraging dual business models to optimize capital and foster public participation. The dialogue highlighted the need for common standards, unified frameworks like APIs, and collaborative efforts to accelerate financial inclusion and drive global connectivity in the digital age.

For 30 years, Nucleus Software has consistently introduced advanced lending and banking solutions that support financial institutions’ evolving needs in Singapore and South East Asia. Driven by lean development methodologies like Acceptance Test-Driven Development (ATDD) and Continuous Integration/Continuous Delivery (CICD), Nucleus Software continues to push boundaries in efficient, flexible, and secure financial technology.

 

View original content:https://www.prnewswire.com/apac/news-releases/redefining-financial-frontiers-nucleus-software-celebrates-30-years-with-synapse-2024-in-singapore-302315015.html

SOURCE Nucleus Software Export Ltd

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Explore Xinjiang with Deer: 9-Episode Adventure

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BEIJING, Dec. 26, 2024 /PRNewswire/ — A news report from xinhuanet:   

 

Join Deer on a 9-episode micro-series exploring the vibrant culture, rich traditions, and modern lives of Xinjiang’s people. From the bustling Grand Bazaar to the ancient Karez wells, and from the melodies of Muqam to the warmth of multi-ethnic communities, this journey reveals a thriving, diverse, and authentic Xinjiang far beyond stereotypes.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/explore-xinjiang-with-deer-9-episode-adventure-302339222.html

SOURCE xinhuanet

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Trinasolar Collaborates with Energy China ZTPC and AMEA Power to Deploy Innovative Energy Storage Solution for the 300MWh Abydos Solar PV Project in Egypt

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DUBAI, UAE, Dec. 26, 2024 /PRNewswire/ — Trinasolar, a global leader in smart PV and energy storage solutions, proudly announces its strategic partnership with AMEA Power to supply its cutting-edge Elementa 2 platform (5MWh) for the 300MWh Abydos Battery Energy Storage Project in Aswan, Egypt. This landmark project is the largest solar PV initiative in Africa and the first to incorporate a utility-scale Battery Energy Storage Solution (BESS) in Egypt.

Developed by AMEA Power, the Abydos Solar PV Project is a transformative expansion of the existing 500MW Abydos Solar PV power plant, which is in operation, in Kom Ombo, Aswan Governorate. By pioneering the integration of a 300MWh BESS, the project underscores Egypt’s commitment to sustainable energy innovation and resilience.

The inauguration ceremony for the 500MW Abydos Solar Power Plant, organized by AMEA Power, was attended by esteemed dignitaries, including His Excellency Dr. Mostafa Madbouly, Prime Minister of Egypt, and His Excellency Dr. Mahmoud Esmat, Minister of Electricity and Renewable Energy in Egypt, alongside Trinasolar executives.

As Trinasolar’s first energy storage project in the Middle East and Africa (MEA), Abydos represents a major milestone for the company and the region. Highlighting Trinasolar’s commitment to the MEA market, Vincent Wu, Global Sales VP & MEA MU Head at Trinasolar, stated: “This groundbreaking project highlights Trinasolar’s vital role in driving innovation, ensuring safety, and supporting the region’s transition to a more sustainable and dependable energy future. We are proud to contribute to such a transformative endeavor, bringing clean energy to Egypt and setting a benchmark for utility-scale energy storage solutions in North Africa.”

Hussain Al Nowais, Chairman of AMEA Power, added: “AMEA Power is dedicated to advancing renewable energy projects that make a significant impact. The integration of Trinasolar’s innovative Elementa 2 technology at the Abydos Solar PV Project represents a key step forward in Egypt’s energy landscape and exemplifies the power of collaboration in achieving sustainability goals.”

Energy china ZTPC, founded in 1958, belongs to Energy China Construction Group Co., LTD. After decades of development, has become a set of thermal power stations, nuclear power plants, clean energy projects, power plant maintenance and repair, power grid project construction as one of the general contracting and professional contracting enterprises. The 500MW Abydos Solar Power Plant has been commercially operated. Zhang Dan, Vice President Director, stated: “Abydos project is a milestone for Egypt as well as for ZTPC. We will fully dedicate ourselves to the project construction, contributing to the energy transition in the Egyptian region.”

The deployed Elementa 2 platform (5MWh), featuring Trinasolar’s in-house vertically integrated LFP cells, is an advanced grid-scale battery storage system built for efficiency, safety, and reliability. Key features include an innovative module design to enhance energy density and compatibility with multiple PCS systems, precise thermal management through smart liquid cooling technology, and comprehensive safety systems with advanced fire mitigation and suppression features. Engineered for adaptability, efficiency, and cost-effective maintenance, this platform optimizes performance while reducing overall project costs.

As the first utility-scale energy storage project in North Africa, Abydos marks a new era of energy innovation. By integrating renewable energy with advanced storage solutions, the project enhances grid stability, minimizes outages, and accelerates the region’s shift toward a sustainable energy future.

Trinasolar remains at the forefront of the renewable energy revolution, delivering smart solar and energy storage solutions designed to empower a more sustainable future. With its Trina Storage portfolio, the company is setting new benchmarks in safety, efficiency, and innovation, enabling transformative projects like Abydos to enhance energy resilience and support the global transition to renewable energy. Together with its cutting-edge technology and commitment to excellence, Trinasolar continues to power sustainability across the world.

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SOURCE Trina Storage

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Huasun to Pioneer Heterojunction Solar Excellence at WFES Abu Dhabi 2025

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ABU DHABI, UAE, Dec. 26, 2024 /PRNewswire/ — Huasun Energy is set to redefine solar energy innovation at the World Future Energy Summit (WFES) 2025, scheduled from January 14-16 at the Abu Dhabi National Exhibition Centre (ADNEC). As a global leader in heterojunction (HJT) solar technology, Huasun will present advanced solutions tailored to meet the region’s unique energy demands.

Middle East is abundant in sunlight but prone to high temperatures, raises unique challenges for photovoltaic (PV) systems. At Booth Hall 7-7200, Huasun will showcase its cutting-edge n-type silicon-based HJT solar cells and modules, engineered for superior performance in extreme environments like deserts, offering:

Superior Temperature Coefficient of -0.24%/℃: HJT solar cell’s inherent bifacial symmetrical structure and distinctive material properties can facilitate enhanced charge carrier mobility and mitigate the risk of hotspots, ensuring consistent energy output even in scorching heat, with minimal power and efficiency loss.Ultra-High Bifaciality Nearing 100%: Maximizing energy capture by utilizing both direct and reflected sunlight, particularly advantageous in high-reflectivity environments such as deserts, bringing a substantial increase in overall power output of the modules.Strong Energy Yield: Absorbing more sunlight, extending the lifespan of solar panels, ensuring consistent performance over time. Take Saudi Arabia as example, Huasun’s 720W HJT module in the first year generates approximately 115 hours (6.95%) more compared to a 660W PERC module.Lower LCOE: Higher generation results in an increased IRR while reducing BOS, labour and other system costs, and thus deliver superior economic value to customers through a lower levelized cost of energy (LCOE).

Visitors at WFES will experience Huasun’s diverse product lineup, including the Himalaya G12-132 730W, Everest G12R-132 630W, G12R-108 520W modules, and ultra-high bifaciality module, which boosts near 100% bifaciality. These modules are equipped with Huasun’s innovative 0BB (Zero Busbar) HJT technology, which enhances reliability, efficiency, and cost-effectiveness, setting a new standard for solar energy solutions.

From improved energy yield in harsh conditions to cost savings and long-term durability, Huasun’s solutions are tailored to meet the growing demands of renewable energy markets worldwide.

With 8 GW+ shipments spanning over 60 countries, Huasun remains at the forefront of the solar industry, committed to advancing the global energy transition. Join Huasun at WFES 2025 to explore how its pioneering innovations are shaping the future of sustainable energy.

Contact Huasun Energy

Website: www.huasunsolar.com

Email: sales@huasunsolar.com

Follow “Huasun HJT” on LinkedIn for more heterojunction update

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View original content:https://www.prnewswire.co.uk/news-releases/huasun-to-pioneer-heterojunction-solar-excellence-at-wfes-abu-dhabi-2025-302339228.html

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