Technology

CHINT STREAMLINES DATA CENTERS WITH FULL SUITE SKID SOLUTION

Published

5 hours ago

October 23, 2024

SINGAPORE, Oct. 23, 2024 /PRNewswire/ — CHINT, a global leader in smart energy solutions, has launched the NIPower DC7000 Fusion Power Module, the latest offering of its prefabricated skid power module solutions for data centers. With this new power module, customers will have the opportunity to get ahead of the energy demands of today’s evolving data centers, including those handling high-density applications and large-scale AI workloads amidst decreasing physical footprints.

The power module delivers high density, high performance and high availability with a streamlined carbon footprint thanks to factory prefabrication and modular construction. It integrates a selection of CHINT’s self-developed, self-produced products into an all-in-one, prefabricated, high-performing module achieving an efficiency of as high as 97%. This modularity also allows for improved deployment time by 75%. In addition, it has a hot-swappable design feature for all modules that allows for increased availability.

The power module is also streamlined in size, making it the most compact 100kW/3U module to date. This design offers customers up to 40% space savings, enhancing flexibility for space and layout in data center conversions. It also enables companies building data centers to achieve higher construction scores by utilizing the Prefabricated Prefinished Volumetric Construction (PPVC) method.

“Artificial intelligence and other high-demand applications are driving the need for data centers to scale up their capacity at a faster pace. At CHINT, we have been exploring innovation opportunities that deliver greater data center performance and minimize environmental externalities,” said Paul Lee, Director, Asia Pacific Strategic Segments, CHINT Global. “NIPower DC7000 is a showcase of how data center capabilities can push boundaries on the back of a lower carbon footprint. With this integrated solution, data center operators can also scale and execute without extensive work required on their existing configurations.”

Lim Say Leong, Technical Director Asia Pacific, CHINT Global, added, “We are excited to be partnering with and enabling customers to build the next generation of data centers that not only use renewable energy, but also provide high electrical density to maximize space, utilize the latest technologies and be scalable enough for deployment. We look forward to collaborating with them to maximize the potential of the NIPower DC7000 in their data centers, whether it’s for new or existing set ups.”

Building on four decades of innovation and industrial expertise, CHINT is expanding its comprehensive product portfolio with the NIPower DC7000 Fusion Power Module. Its products include other leading power solutions in renewables, commercial, and industrial segments. These end-to-end solutions support businesses in more than 140 countries in areas of low-voltage, power transmission and distribution, water, gas and electricity metering, green energy and more. In addition, CHINT’s key production factories have achieved net zero carbon emission, giving customers the peace of mind of their products being sustainably manufactured.

NIPower DC7000 Fusion Power Module comes as an integrated assembly of medium voltage transformer, medium and low-voltage switchgear, electrical components, and monitoring system, all independently developed and produced by CHINT. These products ensure the safe and reliable operation of IT and power equipment.

The Power Module is currently ready for Singapore, Indonesia, Malaysia, Thailand, and the Philippines. This line up will soon be added to other countries in Asia Pacific.

About CHINT Global

CHINT Global, at the forefront of delivering smart energy solutions, operates in over 140 countries. Committed to innovation, sustainability, and the development of green and low-carbon technology, CHINT continues to explore new ways to improve energy efficiency and reduce environmental impact, striving towards a brighter, greener future for all.

For more information about CHINT Global and its initiatives, please visit www.chintglobal.com.

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SOURCE CHINT

Technology

Fortune Reveals Fortune 500 Europe

Published

60 mins ago

October 23, 2024

Volkswagen at No. 1 leads Top Ten dominated by car makers, energy

Germany leads country count; Financials leads all sectors on the 2024 ranking with 100 companies

Fortune 500 Europe list launched in conjunction with Fortune CEO Forum 2024 in London, convening 40 CEOs for invitation-only event

LONDON, Oct. 23, 2024 /PRNewswire/ — Today, Fortune unveiled the Fortune 500 Europe, the world’s most authoritative ranking of Europe’s largest companies by revenue. Volkswagen claimed the top spot on the Fortune 500 Europe list, with $348 billion in revenue, up 19%, and taking over from Shell, whose revenues fell 16%. While Germany had the largest total of companies from a single country, the Fortune 500 Europe includes companies from 24 different countries in the region.

More than half of all 500 companies come from just 4 countries: Germany (79), UK (77), France (67) and Switzerland (36). But the Franco-German axis is creaking. The region’s most profitable companies are now in Belgium, Switzerland, Norway, and Ireland. In southern Europe, Spain’s and Italy’s companies are marginally more profitable than the region overall.

The Fortune 500 Europe Top 10 List:

Volkswagen (Germany)Shell (UK)TotalEnergies (France)Glencore (Switzerland) BP (UK)Stellantis (Netherlands) BMW Group (Germany)Mercedes-Benz Group (Germany)Electricité de France (France)Banco Santander (Spain)

SEARCH HERE BY COUNTRY, SECTOR, INDUSTRY AND MORE

Grethe Schepers, Lists Director, Europe said, “The 2024 Fortune 500 Europe list highlights the good and the bad, illustrating pressures on innovation and competitiveness. Profits are up 7.6% but when it comes to diversity, women’s leadership is shrinking—female CEOs now lead just 6.2% of companies, down from 7% last year. The technology sector pales in comparison to the US, accounting for just 2% of all list revenue with profits and employment shrinking. Financials, however, staged a remarkable cyclical comeback boosted by higher interest rates.”

Alex Wood Morton, Executive Editor, Europe added, “Europe is at a crossroads. This year’s list has echoes of the Fortune 500 in America 20 years ago, when it was dominated by oil and gas and car makers. The challenge for European companies is innovation at scale–those that can adapt and embrace new technologies will gain the edge in an increasingly competitive global economy.”

This year’s Fortune 500 Europe list is being launched in conjunction with the Fortune CEO Forum 2024 in London (today), which will convene 40 CEOs for an exclusive and invitation-only event to discuss and dissect the business-critical themes at the top of every CEO’s agenda. The day’s session will address mastering AI responsibly, raising European competitiveness, the transition to green energy, and how to thrive in an ever-changing world for consumers and workers.

For the Fortune 500 Europe list, companies are ranked by total revenues for their latest available respective fiscal years. All companies on the list must publish financial data and report part or all of their figures to a government agency. The latest figures in the list are as reported by the companies; any comparisons are with the prior year’s figures as originally reported. Fortune does not restate the prior year’s figures for changes in accounting.

About Fortune:
Fortune is a global multi-platform media company built on a legacy of trusted, award-winning reporting and information for those who want to make business better. Independently owned, Fortune tells the stories of the world’s biggest companies and their leaders as well as a new generation of innovators who are moving business forward. Digitally and in print, Fortune measures corporate performance through rigorous benchmarks, and holds companies accountable, in regions around the world. Its iconic rankings include Fortune 500, Fortune Global 500, Most Powerful Women, and World’s Most Admired Companies. Fortune builds world-class communities by convening industry thought leaders for exclusive summits and conferences, including the Fortune Global Forum and Brainstorm Tech. For more information, visit fortune.com.

Media Contacts:
Patrick Reilly
Fortune
Patrick.Reilly@fortune.com

Aslesha Mehta
Fortune
aslesha.mehta@fortune.com

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Technology

JA Solar Empowers Renewable Energy Talent Development with Practical Training Program at Vietnam Electric Power University

Published

60 mins ago

October 23, 2024

BEIJING, Oct. 23, 2024 /PRNewswire/ — On October 2, JA Solar, a global leader in the photovoltaic (PV) industry, participated in a practical training course to university students in Vietnam, in a move to advance solar PV education and encourage innovation in renewable energy applications.

The course, titled “Management, Design, Construction, and Operation of Rooftop Solar Power Systems,” was part of a session organized by INPOS, a leading Vietnamese renewable energy technology company. The course was held in Electric Power University, a public university in Hanoi which is renowned in Vietnam for its excellence in electrical engineering and renewable energy studies, and is committed to cultivating a new generation of high-skilled talent equipped with both theoretical and practical expertise.

The course was designed to blend theoretical knowledge with practical skills, offering students from Vietnam’s top universities a unique, immersive experience in PV technology. More than 100 students participated in the program, gaining hands-on experience and a deeper understanding of solar technologies through JA Solar’s expertise.

As a global leader in the PV industry, JA Solar shared an insightful introduction on PV module performance, manufacturing processes, and the latest technological innovations, with highlights on the application of high-efficiency PV modules in various scenarios. In the Q&A part, students actively engaged with JA Solar experts in discussions. This dynamic learning environment not only sparked students’ interest but also provided a strong foundation for their future roles in the renewable energy sector.

JA Solar’s collaboration with INPOS and the Vietnam Electric Power University is a continuation of their strong partnership. Earlier this year, in April, JA Solar, together with INPOS, donated a mobile PV system to the university, supporting its research and education on renewable energy. This training program further solidifies their joint commitment to developing talent in the solar industry and advancing renewable energy technologies.

Aiqing Yang, Executive President of JA Solar, commented, “At JA Solar, we believe that nurturing the next generation of solar professionals is vital to the future of renewable energy. We are committed to talent development through various initiatives, including our investment in institutions like Xingtai Polytechnic Institute of New Energy. By partnering with universities such as Electric Power University, we strive to cultivate the skilled professionals needed for the long-term growth of the industry.”

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SOURCE JA Solar Technology Co., Ltd.

Technology

AI Governance Startup DAIKI GmbH Raises €1.5 Million in Seed Funding

Published

60 mins ago

October 23, 2024

VIENNA, Oct. 23, 2024 /PRNewswire/ — DAIKI GmbH, an AI governance and compliance solutions provider based in Vienna, has successfully secured €1.5 million in seed funding to support its European roll-out and further product development. The funding marks a significant milestone in Daiki’s mission to help businesses across Europe responsibly deploy AI.

Daiki offers a SaaS solution for AI governance and compliance with the EU AI Act and ISO standards, including ISO 13485 for medical device manufacturers. Built by a multidisciplinary team of experts, it offers an integrated document and quality management system (eQMS), streamlined processes for AI development, and an AI Copliot for successful AI implementation at scale.

Today, AI development involves complex legal, ethical, and technical issues that most organizations find difficult to manage. These challenges often slow down innovation and make it harder for organizations to fully benefit from AI. Daiki tackles these challenges through its SaaS platform that guides companies towards successful AI implementation, saving time and money spent on costly consultants so organizations can focus on achieving real results with AI.

After 18 months of bootstrapping, the company received €1.5 million in seed funding from Humanitas GmbH, an investment vehicle of Tarek Sherif. Tarek is the co-founder of Medidata Solutions, and current Chairman of Dassault Systèmes’ Life Sciences Sector Board. With the newly secured seed funding, Daiki will accelerate its development efforts, including a new AI model registry feature. The funds will also be used to scale the team and strengthen its market presence across Europe.

Daiki currently caters to the MedTech, healthcare, and manufacturing sectors, with a particular focus on the DACH region, the UK, the Netherlands, and Scandinavia. It also serves companies doing business in the EU, which are obligated to comply with the EU AI Act, across a broad range of industries. Daiki operates on a SaaS subscription model, with discounted rates offered to research institutes, NGOs, and the public sector. With significant market potential, the company also counts the University Hospital Basel and Seco Tools among its customers.

Led by CEO Kevin Michael Gibney, an international sales and marketing executive with extensive experience in high-tech SaaS startups, Daiki additionally benefits from an experienced Advisory Board. Its members represent a diverse range of expertise, featuring leaders in AI governance, philosophy, UX design, and life sciences innovation.

“To succeed in the European market, the effective and ethical development and deployment of AI must go hand in hand. Daiki demonstrates that, with the right technical tooling, it is possible to drive innovation, while at the same time meeting complex regulatory requirements,” commented Daiki Advisory Board member Paula Cipierre.

About Daiki
Daiki is an artificial intelligence startup based in Vienna. Daiki’s SaaS platform combines AI, legal, and ethics expertise, enabling companies to successfully implement AI-based projects while ensuring compliance with industry-specific, local, and international standards.

For more information, visit https://dai.ki

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