Day: September 15, 2022

BEIRUT, Lebanon, Sept. 15, 2022 /PRNewswire/ — Recently, Sungrow, the global leading inverter and energy storage system supplier for renewables, is delivering 13 microgrid projects in Lebanon with the Company’s flagship C&I energy storage system, the ST129CP-50HV. Their commissioning will overcome the electricity shortages caused by weak and insufficient city utilities and reduce traditional diesel generators’ CO₂ emissions.

The electricity crisis in Lebanon continues to escalate. As Lebanon depends on diesel generators to meet the national electricity demand, this country is contracting the power supply due to the rising costs of fossil fuels. The energy issue cripples Lebanon’s economic development and paralyzes its citizens’ normal lives. The Lebanese are experiencing regular and more frequent power outages that can last for as much as 22 hours. Such an urgent situation stimulates the need for renewable energy installations.

The microgrid project combing both PV and energy storage systems offers great potential to solve the energy issues; therefore, explaining why 13 EPCs in Lebanon decided to build more microgrid BESS plants. Sungrow provided them with its ESS solution, the ST129CP-50HV series. This solution is highly-integrated with both Power Conversion System and batteries, saving space and streamlining the installation process. The modular design also enables a more flexible configuration of batteries so that customers can choose the best-fit one for their needs. The plug & play battery system can power up the loads during peak times without consuming pricy electricity from the grid and will minimize the power shortages caused by insufficient utilities.

These cases exemplify that the microgrid can power daily operations and may attract other businesses to install renewable energy-supported facilities. Their successful delivery also shed light on mitigating the national power shortage situation with PV and storage capacities with PV plus battery solutions. More importantly, since Lebanon also faces critical environmental issues caused by burning a tremendous amount of fossil fuels, shifting to renewable sources is a feasible way to reduce pollution.

“Sungrow’s ESS solutions supplied in this microgrid provide a 24-hour supply for these Projects and make it independent from pollutive diesel generation. This leads the company and even other businesses in this country towards low-carbon development,” said Alvin Shi, Managing Director of Sungrow MENA Region, “Lebanon is a perfect place to install solar projects with over 300 sunshine days per year, a potential market to decentralize its electricity supply with more innovative solutions. Sungrow is poised to contribute to its transition journey with our comprehensive solar plus storage solutions in the future, he added.

About Sungrow

Sungrow Power Supply Co., Ltd. (“Sungrow”) is the world’s most bankable inverter brand with over 269 GW installed worldwide as of June 2022. Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial & industrial, and residential applications, as well as internationally recognized floating PV plant solutions, NEV driving solutions, EV charging solutions and renewable hydrogen production systems. With a strong 25-year track record in the PV space, Sungrow products power over 150 countries worldwide.

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Partnership with Talemia, a Saudi Arabian Public Investment Fund Company, Supports Saudi Vision 2030 and Ministry of Education Reform

BOSTON and RIYADH, Saudi Arabia, Sept. 15, 2022 /PRNewswire/ — National Geographic Learning (NGL), a Cengage Group business, today announced they have entered a long-term partnership with Talemia, the Saudi Arabian public investment fund company, to provide the Ministry of Education with learning materials for up to 150,000 students in grades 11-12, preparing them to meet the demands of the 21^st century, knowledge-based, labor market.

Saudi Vision 2030 calls for education reform to prepare students for workforce success in Saudi Arabia and around the globe. NGL’s partnership with Talemia fuels those efforts by delivering new courses in business, management, marketing and healthcare, all based on best-selling NGL curriculum and tailored to Saudi Ministry of Education needs.

“At Cengage Group, we strongly believe in education for employment — empowering learners by providing the skills and competencies they need to find employment and lead choice-filled lives,” said Alexander Broich, President of Cengage Select, and General Manager for English Language Teaching. “Saudi Vision 2030 will enable the next generation of Saudi professionals to succeed in tomorrow’s labor market. Our partnership with Talemia is a fantastic way to prepare future-ready professionals for an increasingly competitive job market.”

National Geographic Learning, in partnership with Talemia, will provide content for eight Career Pathway courses: Business Decisions, Introduction to Business, Business Finance, Principles of Management, Marketing, Event Management, Health Science Principles and Health Care.

“Pathway courses enhance a student’s skills, values and conduct and make each learner capable of benefiting Saudi society and the world,” said Dr. Mansour Bin Salamah, CEO of Talemia.

National Geographic Learning is the exclusive partner of the National Geographic Society for educational publishing. The Saudi Pathway courses bring the world to the classroom through real-world content, inspirational role models and impact photography.

Grade 11-12 students in Saudi Arabia began using National Geographic Learning Business Pathway courses on August 28. The full curriculum of 12 Pathway courses will roll out across the 2022-23 and 2023-24 academic years.

National Geographic Learning, a Cengage Group business, is a leading educational publisher for the English Language Teaching and secondary education markets worldwide. At National Geographic Learning, we believe that an engaged and motivated learner will be a successful one, and we design our materials with a highly interactive storytelling approach which is a great way to invoke these connections. To learn more, visit: eltngl.com.

With more than 100 years serving learners, Cengage Group is a global edtech company that enables student choice. No matter how, where, when or why someone wants to learn, our portfolio of education businesses supports all students, from middle school through graduate school and skills education, with quality content and technology. Collectively, our three business units – Cengage Academic, Cengage Work and Cengage Select – help millions of students each year in more than 125 countries achieve their education and career goals and lead choice-filled lives. Visit us at www.cengagegroup.com or find us on LinkedIn and Twitter.

Talemia – wholly owned by the Saudi Arabian Public Investment Fund Company – was established in 2012 and delivers comprehensive education solutions for teachers and learners, ensuring all citizens are equipped to succeed in life and at work. Talemia is the strategic partner of the Saudi Arabian Ministry of Education. We support the Ministry in developing an education system which helps learners achieve the highest level of global knowledge through projects and programs aligned with Saudi Vision 2030. Visit us at https://www.talemia.sa/en/ or find us on LinkedIn and Twitter.

Media Contact:
Emily Featherston, Cengage Group
617.620.8314, Emily.featherston@cengage.com

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SINGAPORE, Sept. 15, 2022 /PRNewswire/ — International digital asset-management platform brixie is aiming to raise $3 million to $5 million in its upcoming seed fundraising round after successfully raising $500,000 in pre-seed capital earlier this year.

The seed funding will assist the Singapore-registered company to increase its speed to market and launch its game-changing solution to the wider market within the first half of 2023.

The company is founded by three well-known executives and investors in Cambodia’s rapidly developing Fintech sector: Chairman and Group CEO Tomas Pokorny, Vice-Chairman Pablo F. Alonso Caprile, and Chris Wray.

Several leading Fintech players from around the world invested in the pre-seed funding. The group stated they have the ambition to become the world’s first and largest fully tokenized real-estate investment vehicle.

To read more about the pre-seed investors in brixie, click here .

Strong potential for investors that purchase an equity stake 

brixie is looking for global investors that share its vision to democratize real-estate investments and build a game-changing platform. Chairman and Group CEO Mr. Tomas Pokorny explained there is very strong potential for investors in the venture as the company has been launched by experienced, repeat entrepreneurs with multiple exits, and supported by a world-class Advisory Board and global Investors.

“The structure of the company has been placed in reliable and reputable jurisdictions and the value of the investment made is both scalable and future-proof with growing technological value, with which we expect to challenge the status quo of real assets tokenization as we know it,” Pokorny said.

“While from a user’s perspective, brixie’s users are investing via a proof-of-stake Near chain based blockchain platform with decentralized finance principles, allowing them to make decisions in a democratized, transparent, and fully secure way,” he added.

Allows users to tokenize real estate assets from countries worldwide

brixie aims to provide an easy-to-use and highly secure platform that allows its users to tokenize real-estate assets from countries worldwide with its first assets under management to be located in Cambodia, South Africa, Nigeria, Malaysia, Indonesia, UK, Czech Republic, Colombia, Brazil, Australia, and Spain.

Users will then be able to trade these tokens from within the platform or crowdsource funds to acquire them. As a whole, brixie‘s aim is to allow its users to access global investment opportunities, invest in non-speculative digital assets and manage their funds easily.

Looking to the future, brixie‘s team will focus on its soft-launch initiatives which include an addition of a Climate Change Fight Fund Initiative, to tokenize and protect large swathes of forested land.

The initiative, among other company’s efforts, is aimed at lowering barriers of entry of both B2B and B2C users into the brixie platform, monetizing climate change projects and removing liquidity challenges.

According to the group, this diversity of asset class portfolio as well as a truly international focus, backed by a unique approach to licensing and assets holding, is brixie‘s key recipe for scale.

Contact:

email: info@brixiegroup.com
Telegram: @hellobrixie

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