TOKYO and SINGAPORE, Oct. 24, 2024 /PRNewswire/ — VFlowTech Pte Ltd. (VFlowTech; CEO & Co-Founder: Dr. Avishek Kumar; Headquarters: Singapore), MOL (Asia Oceania) Pte. Ltd. (MOLAO; Managing Director: Jotaro Tamura; Headquarters: Singapore), and MOL PLUS Co., Ltd. (MOL PLUS; CEO: Takuya Sakamoto; Headquarters: Minato-ku, Tokyo) today announced the signing of a Memorandum of Understanding (MoU) to form a strategic collaboration aimed at advancing long-duration energy storage solutions in Southeast Asia. The MoU establishes a framework for leveraging VFlowTech’s cutting-edge vanadium redox flow battery (VRFB) technology to promote sustainable energy initiatives across MOL Group’s operations in the region.

The tripartite partnership will focus on deploying VFlowTech’s VRFB technology to support the transition to renewable energy in logistics and maritime applications. The collaboration aligns with MOL Group’s commitment to decarbonization, emphasizing the integration of innovative long-duration energy storage solutions for port facilities, warehouses, and cold chain systems.

Driving Strategic Partnerships for Decarbonization
Under the MoU, MOLAO will lead business development efforts to explore practical applications for VFlowTech’s VRFB technology across MOL Group’s logistics network in Southeast Asia, while also seeking opportunities to collaborate with other stakeholders in the region to scale up the adoption of energy storage solutions. The agreement aims to create commercial synergies and accelerate the region’s shift toward sustainable energy infrastructure.

“We are excited to formalize our collaboration with VFlowTech through this MoU. By integrating advanced energy storage solutions, we can reduce our environmental impact and enhance operational resilience in our logistics operations.” said Hideyuki Irisawa, Director, MOLAO

Expanding Opportunities Through Strategic Collaboration
As part of the MoU, MOL PLUS will support efforts to promote VFlowTech’s VRFB technology within the maritime industry and identify additional opportunities for the practical deployment of long-duration energy storage solutions in India and other regions outside Southeast Asia. The partnership represents a significant step forward in developing scalable solutions that contribute to a carbon-neutral future.

“We see great potential in VFlowTech’s VRFB technology to transform energy usage across the logistics industry. The logistics industry often requires time to gain consensus among stakeholders. This is especially true when aiming for carbon-neutral port solutions like VFlowTech. We commit to keep moving VFlowTech forward, step by step, towards our goal, even in such situations.” said Takuya Sakamoto, CEO, MOL PLUS.

“We are delighted to partner with MOL PLUS and MOLAO under this MoU to bring our innovative VRFB technology to critical infrastructure within the region. This collaboration will enable us to accelerate the deployment of clean energy solutions, delivering both environmental sustainability and economic growth in the region.” said Dr. Avishek Kumar, CEO & Co-Founder, VFlowTech.

About VFlowTech
VFlowTech is a Singapore headquartered company focused on developing and manufacturing long duration energy storage systems specializing in vanadium redox flow batteries (VRFB). Established in 2018, VFlowTech focuses on developing safe, scalable, and sustainable energy storage solutions that address the intermittency challenges of renewable energy sources like solar and wind power and are designed for various applications, including utility-scale projects, microgrids, and off-grid solutions. VFlowTech’s unique IP and innovative approach emphasizes eco-friendly and cost-effective battery technology with long operational lifespans of more than 25 years and addresses issues of performance degradation, thermal runaway, and product reliability and safety, while being fully recyclable at end of life. The company has installed their long duration storage systems in over 10 countries globally and has a vision to drive the world towards energy equity where everyone can access clean energy at affordable pricing.

For more information on VFlowTech, please visit: www.vflowtech.com

About MOL (Asia Oceania)
MOL (Asia Oceania) Pte. Ltd. is a regional subsidiary of Mitsui O.S.K. Lines, Ltd., focused on expanding business operations and promoting sustainability across Southeast Asia, Australia, and Oceania.

About MOL PLUS
MOL PLUS Co., Ltd. is a Corporate Venture Capital driving force for Mitsui O.S.K. Lines, Ltd. MOL PLUS invests in a wide range of early- and middle-stage startup companies around the world, that have the potential to reform ocean shipping business models and create new businesses in the shipping industry from a medium- to long-term perspective.

Website: https://en.molplus.net/

Media Contact: 
Sylvia McKaige 
Sylvia.mckaige@salweengroup.com 

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SOURCE VFlowTech Pte. Ltd

MUMBAI, India, Oct. 24, 2024 /PRNewswire/ — Hexaware Technologies Limited (“Hexaware”) opened its third office in Germany on September 19, 2024. The inauguration ceremony was presided over by Adam Medros, CEO, Spark Networks, Tobias Plaputta, CTO, Spark Networks, Sanjay Salunkhe, President & Global Head – Digital & Software Services, Hexaware and Arun Ramchandran, President & Global Head – Consulting & GenAI Practice, HTPS, Hexaware. The new 100-seater facility in Berlin will add to the company’s digital and software service capabilities in continental Europe, including Germany, Switzerland, and Austria.

The company’s digital and software services are designed to improve operational efficiency and elevate digital experiences, ensuring businesses stay competitive in an evolving market. Hexaware’s solutions include custom application development, enterprise data management, and AI powered business solutions. With its foundation in cloud computing, artificial intelligence, machine learning, and automation, the company harnesses modern technology to drive business outcomes.

Stating that the Berlin center will house both German and English-speaking consultants to support clients, Amrinder Singh, President & Head – EMEA & APAC Operations, Hexaware, said, “This new office will help us serve our clients more efficiently. Hexaware will strive to meet the diverse needs of its clients through seamless project execution tailored to specific business requirements.”

About Hexaware

Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose; to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes. 

“Hexaware Technologies Limited (the “Company”) is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus dated September 6, 2024 (“DRHP”) with the Securities and Exchange Board of India (SEBI). The DRHP is available on the websites of our Company, at www.hexaware.com, SEBI at www.sebi.gov.in as well as on the websites of the book running lead managers, Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited, HSBC Securities and Capital Markets (India) Private Limited, and IIFL Securities Limited, at https://investmentbank.kotak.com, www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm, www.jpmipl.com, https://www.business.hsbc.co.in/en-gb/regulations/hsbc-securities-and-capital-market, and www.iiflcap.com respectively, and the websites of the stock exchange(s) at www.nseindia.com and www.bseindia.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see “Risk Factors” of the RHP, when available. Potential investors should not rely on the DRHP for any investment decision.”

Learn more about Hexaware at https://hexaware.com/

Logo: https://mma.prnewswire.com/media/2237417/Hexaware_NEW_Logo.jpg

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From Autonomous Vehicles to Everyday Heroes: All Access Takes a Deep Dive into Highway Safety

LOS ANGELES, Oct. 24, 2024 /PRNewswire-PRWeb/ — All Access with Andy Garcia, embarks on a captivating journey into the world of highway safety, offering viewers a deeper understanding of the efforts keeping them safe on every journey.

All Access dives into the heart of innovation.

Explore cutting-edge technologies like autonomous vehicles and advanced driver-assistance systems. Meet the dedicated engineers and researchers who are constantly pushing the boundaries of safety. Learn how these advancements empower drivers and pave the way for a future with fewer accidents and fatalities on our highways.

Beyond the science, All Access spotlights the everyday heroes behind highway safety. Discover innovative programs that are empowering vulnerable populations like cyclists and pedestrians, while fostering a shared responsibility for safe travel.

All Access with Andy Garcia is not just about staying informed – it’s about inspiration. By showcasing real-world examples of safety success stories, the series empowers viewers to actively participate in creating a safer driving environment.

About All Access with Andy Garcia
Intrigued by the world around you? Look no further than All Access with Andy Garcia! Hosted by the charismatic Andy Garcia, known for his roles in “Do the Right Thing” and “Mamma Mia!,” this Public Television series delves into a variety of thought-provoking subjects. Each captivating segment sparks curiosity and encourages viewers to engage with the issues that matter most.

Media Contact

Research & Development, All Access with host Andy Garcia, 561-424-0504, info@allaccessptv.com, www.allaccessptv.com

View original content to download multimedia:https://www.prweb.com/releases/buckle-up-for-safety-all-access-with-andy-garcia-takes-you-on-a-road-trip-like-no-other-302280180.html

SOURCE All Access with host Andy Garcia