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AnaChart Recognizes Top Analysts’ Performance in 2024

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NEW YORK, Dec. 31, 2024 /PRNewswire/ — AnaChart, a New York based Fintech company, has identified the top stock research analyst performances which rose to the occasion with their insightful predictions and consistent delivery in the year of 2024. Analysis was conducted using an algorithm which measures each analyst’s forecasts over the year across all the stocks that they cover. In 2024, the majority in the list are represented by experts within the industrials and technology sectors. Recognition is attributed per individual stock forecasting instead of overall performance due the variances between individual securities success.

From the words of AnaChart CEO Joseph Kalish “S&P 500 had over 36% return in 2024 with the hi-tech sector leading the way, still, going on limb and providing price targets that materialize in a timely manner with substantial potential upside and doing so consistently and outperforming the market is something that might be considered impossible by some members of the finance community yet here we are”

The winners for 2024 are:

Daniel Ives, Wedbush, Technology, Palantir Technologies.
AnaChart’s stock picker of 2024 for timely selecting of Palanatir with three consecutive calls generating over 20% each materializing within less than six months. The only analyst who was bullish on the stock consistently throughout the year while the stock rose by nearly 300%.Chris Olin, Northcoast, Technology – Intel.
Winner of the AnaChart Big Short awards for 2024. The only analyst who was consistently bearish on the hardware manufacturer and provided a validated opinion. The analyst’s price targets this year were kept at 66% discount from the stock pick at the beginning of the year. Not an easy task when the S&P 500 had its best year since 2016 more so with the technology sector leading the market.

Honorable mentions for analysts that had repeated double digit returns with their price targets

James Thalacker, BMO, Utilities – Vistra Energy.Stacy Rasgon, Bernstein, Technology – Nvidia.Joshua Reilly, Needham, Industrials – Axon.Helane Becker, TD Cowen, Industrials – United Airlines.Michael Ciarmoli, Truist, Industrials – Howmet Aerospace.Lance Vitanza, TD Cowen, Technology – MicroStrategy Incorporated.Clark Lampen, BTIG, Technology – Applovin.Matthew Carletti, JMP, Financial Services – Root.Patrick Trucchio, HC Wainwright, Healthcare – Longboard Pharmaceuticals.Chris Olin, Northcoast, Industrials – The Boeing Company.

About AnaChart: revolutionizing the fintech industry as an equity research support platform. Founded in 2020, it uses “radical transparency”[1] to provide up-to-date price targets and ratings from top stock analysts for each company. From past performance history to current projections, AnaChart offers an unprecedented view into analyst insights that can vastly improve investment decision making process.

[1] Radical Transparency is a term coined by Ray Dalio of Bridgewater to encourage an open and honest dialogue, allowing the best thinking to prevail.

Contact:
Mark Hake
+12018295266
388178@email4pr.com

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Hithium and Samsung C&T Corporation Forge Global Partnership

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SEOUL, South Korea, Jan. 6, 2025 /PRNewswire/ — Hithium is pleased to announce the signing of a new global partnership with Samsung C&T Engineering & Construction group, a leading construction company renowned for its engineering, procurement, and construction expertise in large-scale projects.

Going forward, Hithium and Samsung C&T will endeavor to work closely aiming to secure more opportunities for energy storage execution projects worldwide, with a project pipeline estimated to be around 10GWh in terms of the total BESS capacity.

By joining forces, Hithium aims to leverage its extensive experience in energy storage to provide Samsung C&T with comprehensive solutions, fostering a unified response to the expanding global energy storage market. Additionally, this partnership will streamline supply chain integration and facilitate resource sharing, thereby enhancing joint competitiveness in the global industry.

The partnership was formalized at Hithium headquarters in Xiamen, China, marking a significant milestone in the companies’ collaborative efforts.

“We are excited to partner with Samsung C&T as we work together to address the evolving energy storage landscape,” said Nazar Yi, Vice President of Hithium. “This collaboration will not only strengthen our capabilities but also accelerate the deployment of innovative energy solutions on a global scale.”

About Hithium 

Founded in 2019, Hithium is a leading manufacturer of top-quality stationary energy storage products for utility-scale as well as commercial and industrial applications. With four distinct R&D centers and multiple “intelligent” production facilities, Hithium’s innovations include groundbreaking safety improvements to its lithium-ion batteries as well as increases in lifecycle. With decades of cumulative experience in the field among its founders and senior executives, Hithium leverages its specialization in BESS to deliver partners and customers unique advances in energy storage. The company is headquartered in Xiamen, China, with locations in Shenzhen, Chongqing, Munich, Dubai, New York, California and Dallas. To date, Hithium has shipped 50+ GWh of BESS products (cells, systems, and others), ranking as the Tier 1 BESS supplier and the top 5 global market share.

About Samsung C&T Corporation

Samsung C&T Corporation is a global leader in engineering, construction, trading, and investment, committed to creating sustainable solutions for a better future. Established in 1938 and headquartered in Seoul, South Korea, the company operates across diverse industries, including infrastructure development, renewable and nuclear energy and real estate. With an unwavering focus on innovation, quality and sustainability, Samsung C&T leverages its extensive expertise and global network to deliver transformative projects and solutions across 44 countries in 122 offices worldwide.

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SOURCE HiTHIUM Energy Storage

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Hisense Unveils Vision of an AI Future at CES 2025

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QINGDAO, China, Jan. 6, 2025 /PRNewswire/ — Hisense, a leading brand in global consumer electronics and home appliances, showcased a bold vision for the future powered by artificial intelligence at CES 2025, unveiling groundbreaking advancements in display technology with the new TriChroma LED TV and stunning 136-inch MicroLED Display and smart living solutions.

Leading in the Global TV Market

Building on more than 55 years of innovation, Hisense continues to redefine what’s possible across industries, from home entertainment to smart living, enhancing its commitment to build a leading technology company while delivering real-world solutions that enhance everyday life.

2024 marked a milestone year for Hisense, solidifying its leadership in the global TV market. In Q3, the company achieved a staggering 63.4% of the global TV shipment volume in the category of 100-inch and above, reflecting its dominance in the large-display market. Hisense is also reaping the rewards of its premium TV strategy, ranking second with a third-quarter global high-end TV market share of 24%. Additionally, Hisense‘s products have secured leading positions in several overseas markets, entering the Top 3 tier. This success is driven by strategic investments in cutting-edge technology.

A Vision for the Future Powered by AI

Artificial intelligence lies at the core of Hisense’s strategy to make technology more intuitive and impactful. The proprietary Hi-View AI Engine powers real-time optimizations for picture and sound quality. This advanced functionality allows users to interact with their TVs in new ways, from personalized content recommendations to seamless queries and entertainment discovery.

This focus on intelligent design drives innovation across the home, from displays to appliances, ensuring exceptional consumer experiences. From appliances that suggest recipes to air conditioners that integrate into smart home ecosystems, the company is creating smarter, more efficient environments for consumers worldwide.

Revolutionizing Display Technology

Hisense continues driving to innovate, adapt, and deliver products that exceed consumer expectations, redefining what consumers expect from the future of displays. This new RGB Local Dimming Display Technology utilizes independent Red, Green, and Blue LED chips for unmatched brightness, contrast, and color precision, achieving up to 97% of the BT.2020 color space.

Complementing this is the new 136-inch MicroLED Display, which delivers self-emissive pixel-level precision, combining up to 10,000 nits of brightness with vivid, lifelike visuals. This innovation not only surpasses existing standards but also sets the stage for the next decade of display advancements.

Building Trust Through Partnerships

Partnerships remain central to Hisense’s global growth strategy. Globally, Hisense continues its commitment to bringing people closer to the sporting moments they love through its long-standing partnership with FIFA and its latest sponsorship of the FIFA Club World Cup 2025™.

In partnership with FIFA, Hisense also announced the first global brand campaign for this thrilling tournament with the theme of “Own the Moment”, inspiring everyone to fully embrace life by taking control of the moment and being confident and decisive in engaging in the experience, whether a challenge, a performance or any significant moment in life’s journey. Hisense is devoted to creating more meaningful and enjoyable moments for fans from across the world, cementing Hisense as a leader in delivering technological excellence. Hisense will be the first brand to feature the FIFA Club World Cup 2025™ Trophy at its CES 2025 booth on January 7, 2025.

From the stunning realism of its display technology to AI-powered appliances and energy solutions, Hisense is delivering on its promise of innovation that makes life better.

See the latest innovations from Hisense at CES 2025, January 7–10, in the LVCC, Central Hall—Booth 16625. For more information, visit the Hisense global website.

About Hisense

Hisense is a leading global home appliance and consumer electronics brand. According to Omdia, Hisense ranked No. 2 globally for total TV shipments and No. 1 in 100”+ TVs. The company has rapidly expanded to operate in more than 160 countries and specializes in multi-media goods, home appliances, and intelligent IT information.

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Toshiba Wins Another Equipment Order for Patuha Geothermal Power Plant in Indonesia

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– New equipment order secured following October 2024 milestone –

KAWASAKI, Japan, Jan. 7, 2025 /PRNewswire/ — Toshiba Energy Systems & Solutions Corporation (Toshiba) today announced that it has received an order to supply a steam turbine and a generator from PT Inti Karya Persada Tehnik (IKPT), a subsidiary of Toyo Engineering Corporation, and the EPC contractor for the Patuha Geothermal Power Plant Unit 2 in West Java, Indonesia, operated by PT. Geo Dipa Energi (Persero), an Indonesian state-owned company.

Unit 2 is scheduled to go online in 2027 and will have a generating capacity of 60.3MW as a maximum continuous rating gross base. This is Toshiba’s second recent order for a power generation system for a geothermal power plant in Indonesia, following one for the Wayang Windu Geothermal Power Plant Unit 3, announced in October, 2024.

Indonesia, the world’s second largest producer of geothermal power, is rich in geothermal resources, with an estimated capacity of approximately 30GW. Demand for electricity is surging as Indonesia’s economy grows. While the government shares concerns over global environmental issues, and aims to achieve carbon neutrality by 2060, it must also expand power generation capacity. Under its latest “Electricity Supply Business Plan (RUPTL 2021-2030)” the government aims to increase power generation capacity by approximately 40.6GW by 2030, with geothermal power contributing 3.35GW, approximately 8% of the total. This includes expansion of the Patuha plant in the outskirts of Bandung in West Java, about 200km southeast of Jakarta. The expansion will double the power generation capacity of Patuha Geothermal Power Plant to 110MW.

Toshiba has contributed to stable power supply in Indonesia with the delivery of six steam turbines and generators for geothermal plants with a combined capacity of 311MW. This includes equipment for Sarulla Geothermal Power Plant, one of the country’s largest geothermal facilities, Patuha Geothermal Power Plant Unit 1 and Lumut Balai Geothermal Power Plant Unit 1. Toshiba was selected for its proven track record and the superior performance of its equipment operating at Patuha Geothermal Power Plant Unit 1. Additionally, Unit 1 has also deployed EtaPRO™, Toshiba’s proprietary IoT services for equipment performance monitoring, diagnostics and problem prediction, which will contribute to improved plant uptime and reliable power supply operations*.

Takehiko Matsushita, Vice President of the Power Systems Division at Toshiba, commented: “We are thrilled to have been chosen to provide essential equipment for the Patuha expansion project. I am confident that the performance and reliability of our steam turbine and generator will prove our capabilities as a trusted partner for all kinds of geothermal projects. We have an extensive geothermal product lineup, ranging from 1MW to 200MW, and have executed numerous projects in Japan and overseas, helping our customers to make use of a constant and clean source of energy. We will continue to develop and promote geothermal solutions that support a sustainable future.”

Project outline
Name of Power Plant: Patuha Geothermal Power Plant
Owner: PT. Geo Dipa Energi (Persero)
Scope of Toshiba’s supply: Steam turbine and a generator for Unit 2 (power generation capacity: 60.3MW (maximum continuous rating gross base))
Scheduled commencement of commercial operation: 2027

The signing of the agreement

 

 

Patuha Geothermal Power Plant Unit 1 and the planned construction site for Unit 2 (the empty lot at lower right)

 

Provided by PT. Geo Dipa Energi (Persero)

 

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SOURCE Toshiba Energy Systems Solutions Corporation

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