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2023 Galaxy Entertainment Macao International Marathon Successfully Concluded; GEG Won the "Active Group Trophy"; Debele Fikadu Kebebe and Zinashwork Yenew Ambi Claimed the Men's and Women's Championship

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The race was officially kicked off with the sounding of air horns by Mr. Pun Weng Kun (second from right), President of the Sports Bureau; Mr. Francis Lui (second from left), Vice Chairman of GEG; Mr. Philip Cheng (first from left), Director of GEG; and Mr. Chan Pou Sin (first from right), Vice President of AGAM on the race day.

MACAU, Dec. 6, 2023 /PRNewswire/ — Organized by the Sports Bureau of the Macau SAR Government, Galaxy Entertainment Group ("GEG") and the General Association of Athletics of Macau ("AGAM"), the 2023 Galaxy Entertainment Macao International Marathon was successfully held on December 3. The Macao International Marathon has reached its 42nd anniversary this year with GEG joining the Sports Bureau and AGAM as organizers for the first time after having title sponsored the event for the past 19 years.

The race was kicked off with the sounding of air horns by Mr. Pun Weng Kun, President of the Sports Bureau; Mr. Francis Lui, Vice Chairman of GEG; Mr. Philip Cheng, Director of GEG; and Mr. Chan Pou Sin, Vice President of AGAM on the race day. As new elements were added to this year’s racecourse design, runners were able to pass through various iconic tourism landmarks during the race, including the Galaxy Macau™ integrated resort.

A large delegation of invited runners from home and abroad achieved astounding results. In the full-marathon, Ethiopia’s Debele Fikadu Kebebe claimed first place in the men’s 42.195 km race with a time of 2:14:05 and Zinashwork Yenew Ambi claimed first place in the women’s 42.195 km with a time of 2:33:38. In the half-marathon, Kenya’s Mathew Samperu and Kenya’s Ziporah Kingori won first place in the men’s and women’s races, with a time of 1:04:00 and 1:15:05 respectively. As for the mini-marathon, Ip Weng Tou (Group A), Ho Chi Tong (Group B) and Paras Kumar Khadka (Group C) won first place in the men’s races respectively; Mui I Kei (Group A), Ng Weng Ian (Group B) and Rosa Maria Correia dos Santos Mota (Group C) won first place in the women’s races respectively.

This year, GEG had the largest number of employees participating in the race and claimed the "Active Group Trophy" for the Public and Private Entities category, which is also the 19th consecutive year that GEG won the related group trophy, fully showing its active participation in this internationally renowned sports event. The Most Creative Costume Award was hosted again to enliven the event atmosphere, where top ten winners received MOP3,000 Galaxy Macau dining vouchers sponsored by GEG.

Meanwhile, GEG also continued to promote friendship and sports exchanges in the community by co-launching the Marathon "Run with a Partner" Training Program with the Macau Special Olympics ("MSO") this year. A "Run with a Partner" Marathon workshop was held on November 26 at the Grand Resort Deck of Galaxy Macau, during which MSO members and GEG Runner’s Club members received training under the guidance of Mr. Kenny Leong Meng Tak, champion of the Macau athletes’ category in the "2022 Galaxy Entertainment Macao International Marathon" half-marathon.

Furthermore, the 2023 Galaxy Entertainment Macao International Marathon Carnival was also held successfully at the Broadway Food Street of Broadway Macau™ and the event enjoyed a great vogue as always. This year, the new Kids Running Competition received an overwhelming response from parents and children. The wide array of Marathon-themed crossover products by cultural and creative SMEs, busking and street performances by local artists, and lucky draw prizes such as an iPhone 15 Pro, vouchers of a one-night stay in Andaz Macau with complimentary breakfasts for two, certificates to the Banyan Tree Spa Macau, movie tickets to the Galaxy Cinemas, and Wavey the peacock of Galaxy Kidz souvenirs – all contributed to making the Marathon Carnival appealing to participants and visitors, thereby demonstrating Macau’s "Tourism + Sports" charm and driving forward the "1+4" adequate diversification development strategy.

Over the years, GEG has been proactively contributing to the Macau SAR Government’s sports development policies by supporting, organizing and participating in various international sporting events, in hopes of fostering Macau’s sports tourism development and deepening the city’s positioning as a World Center of Tourism and Leisure.

For more event photos, please visit: Click Here.


The race was officially kicked off with the sounding of air horns by Mr. Pun Weng Kun (second from right), President of the Sports Bureau; Mr. Francis Lui (second from left), Vice Chairman of GEG; Mr. Philip Cheng (first from left), Director of GEG; and Mr. Chan Pou Sin (first from right), Vice President of AGAM on the race day.

About Galaxy Entertainment Group (HKEx stock code: 27)

Galaxy Entertainment Group ("GEG" or the "Group") is one of the world’s leading resorts, hospitality and gaming companies. It primarily develops and operates a large portfolio of integrated resort, retail, dining, hotel and gaming facilities in Macau. The Group is listed on the Hong Kong Stock Exchange and is a constituent stock of the Hang Seng Index.

GEG was one of the three original concessionaires in Macau when the gaming industry was liberalized in 2002. In 2022, GEG was awarded a new gaming concession valid from January 1, 2023, to December 31, 2032. GEG has a successful track record of delivering innovative, spectacular and award-winning properties, products and services, underpinned by a "World Class, Asian Heart" service philosophy, that has enabled it to consistently outperform the market in Macau.

GEG operates three flagship destinations in Macau: on Cotai, Galaxy Macau™, one of the world’s largest integrated destination resorts, and the adjoining Broadway Macau™, a unique landmark entertainment and food street destination; and on the Peninsula, StarWorld Macau, an award winning premium property.

The Group has the largest development pipeline of any concessionaire in Macau. When The Next Chapter of its Cotai development is completed, GEG’s resorts footprint on Cotai will be more than 2 million square meters, making the resorts, entertainment and MICE precinct one of the largest and most diverse integrated destinations in the world. GEG is also progressing plans for its Hengqin project and we are also expanding our focus beyond Hengqin and Macau to potentially include opportunities within the rapidly expanding Greater Bay Area. These projects will help GEG develop and support Macau in its vision of becoming a World Centre of Tourism and Leisure.

In July 2015, GEG made a strategic investment in Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco ("Monte-Carlo SBM"), a world renowned owner and operator of iconic luxury hotels and resorts in the Principality of Monaco. GEG continues to explore a range of international development opportunities with Monte-Carlo SBM.

GEG is committed to delivering world class unique experiences to its guests and building a sustainable future for the communities in which it operates. For more information about the Group, please visit www.galaxyentertainment.com

Source : 2023 Galaxy Entertainment Macao International Marathon Successfully Concluded; GEG Won the "Active Group Trophy"; Debele Fikadu Kebebe and Zinashwork Yenew Ambi Claimed the Men's and Women's Championship

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

WiMi Developed Deep Reinforcement Learning-Based Task Scheduling Algorithm in Cloud Computing

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BEIJING, Dec. 6, 2023 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it developed a deep reinforcement learning-based task scheduling algorithm in cloud computing to improve the performance and resource utilization of cloud computing systems. Deep reinforcement learning can solve complex decision-making problems by learning and optimizing strategies. By using deep reinforcement learning, the task scheduling problem can be transformed into a reinforcement learning problem by training a deep neural network to learn the optimal strategy for task scheduling. The advantage of reinforcement learning is that it can automatically adjust the policy according to the changes in the environment and can be adapted to complex task scheduling scenarios. Deep reinforcement learning has the advantages of adaptivity, nonlinear modeling, end-to-end learning, and generalization ability in task scheduling, and it can comprehensively consider factors such as the execution time of the task, the resource demand, the load situation of the virtual machine, and the network latency, so as to carry out the task scheduling more accurately, and to improve the performance of the system and the utilization rate of resources.

WiMi’s deep reinforcement learning-based task scheduling algorithm in cloud computing includes state representation, action selection, reward function and training and optimization of the algorithm. State representation is an important link. By transforming various information in the cloud computing environment into a form that can be processed by the machine learning model, it can help the model to better understand the current task scheduling situation, so as to make more reasonable and accurate task scheduling decisions. Action selection is also a key step, where at each time step, the agent needs to select an action to execute to decide the task scheduling strategy at the current moment. Such an algorithm can select an optimal action based on the current system state to achieve efficient cloud computing task scheduling. The reward function, on the other hand, is used to evaluate the reward value obtained by the agent after executing an action, which in turn guides the decision-making process of the agent. The reward function can enable the agent to learn and optimize better during the task scheduling process.

In addition, the training and optimization of the deep reinforcement learning-based task scheduling algorithm in cloud computing are also very critical. First, a reinforcement learning environment applicable to the task scheduling problem needs to be constructed, including the definition of states, actions and reward functions. The state can include information such as the current system load situation, attributes and priority of the task; the action can choose to assign the task to a certain virtual machine or decide whether to delay the processing of the task; and the reward function can be defined based on the completion time of the task, resource utilization and other metrics. The algorithm is then trained using a deep reinforcement learning algorithm such as Deep Q-Network (DQN), a neural network-based reinforcement learning algorithm that can make decisions by learning a value function. During the training process, by interacting with the environment, the algorithm continuously updates the parameters of the neural network to optimize the decision-making strategy for task scheduling. In addition, some optimization techniques, such as experience playback and objective networks, can be used to further improve the performance and stability of the algorithm. Through continuous training and optimization, the algorithm will gradually learn the optimal strategy for task scheduling, thus improving the performance and efficiency of the system.

The deep reinforcement learning-based task scheduling algorithm in cloud computing has achieved significant improvements in both task scheduling effectiveness and system performance. There are still some research directions that can be further explored in this technology area. In the future, WiMi will improve the performance and adaptability of the deep reinforcement learning-based task scheduling algorithm in cloud computing through multi-objective optimization, adaptation in dynamic environments, model uncertainty handling, real-time decision making, and improving the algorithm to provide better support for practical applications.

About WIMI Hologram Cloud

WIMI Hologram Cloud, Inc. (NASDAQ:WIMI) is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies.

Safe Harbor Statements

This press release contains "forward-looking statements" within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release and the Company’s strategic and operational plans contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the US Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases, and other written materials, and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition, and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services.

Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws.

Source : WiMi Developed Deep Reinforcement Learning-Based Task Scheduling Algorithm in Cloud Computing

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The 5th Global Trends Conference Successfully Held: "Global Better Life Festival" Sets Sail with Upgrades

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"Global Better Life Festival" Sets Sail with Upgrades.

LANGFANG, China, Dec. 6, 2023 /PRNewswire/ — On December 1, the 5th Global Trends Conference, organized by Huanqiu.com, was held at the SILK ROAD INTERNATIONAL ARTS CENTER in Langfang, Hebei Province. Focused on high-quality development and themed "Moving Toward Green Development and a Beautiful Life", the conference brought together industry leaders, renowned scholars, as well as representatives from outstanding domestic and international enterprises and social organizations. They stimulated ideas, exchanged experiences, and explored mutually beneficial development between business and the social environment, aiming to contribute to the global economic recovery.

The conference focused on the integrated development of four major fields: innovative cultural tourism, fostering "new consumption", smart living, and financial empowerment. Leveraging its globally distributed journalist network and robust original content creation capabilities, Huanqiu.com dedicated itself to uncovering outstanding enterprises and innovative products across various industries. Its efforts extended beyond mere reporting and recording, delving into practical approaches to achieve a "better life". By promoting novel consumption models, it aimed to propel high-quality economic development.


"Global Better Life Festival" Sets Sail with Upgrades.

In 2023, Huanqiu.com unveiled the "Global Better Life Festival" IP brand and successfully hosted its inaugural event on September 20 at the Embassy of Benin in China. This event has now undergone a comprehensive upgrade, aiming to bring together top culture and tourism and consumer resources from around the world, creating vibrant offline experiential settings and organizing cultural exchange summits. Guided by the principle "Forging a Better Life for All", the Global Better Life Festival aims to construct a multi-dimensional, all-encompassing framework for a "better life". It seeks to facilitate the integration of business, tourism, culture, and sports industries, elevate culture and tourism consumption, strengthen international cooperation, and fulfill the global aspiration for a better life.

ENNOVA Holding, Tencent, Alibaba, Qualcomm, Ctrip, ZTE, Seres, Quanjude, Perfect World, Everbright Financial, ChinaNet, Beijing Biliansheng Cosmetic Clinic, CCX, and other renowned enterprises gathered at this Global Trends Conference. Together, they faced profound changes unseen in a century, seeking solutions through case studies, and exploring new opportunities amid emerging trends.

The Global Trends Conference, organized by Huanqiu.com, has successfully held five sessions since its inception in 2018. Each year, the conference focuses on fields like finance, technology, public welfare, and culture and invites renowned experts, scholars, industry leaders, government officials, and outstanding representatives from various sectors. Through keynote speeches, roundtable forums, and case-sharing sessions, the conference centers on cutting-edge topics and current issues, fostering discussions on innovation, facilitating exchanges, and stimulating profound reflections and collisions of ideas, aiming to continuously refine new models, explore emerging trends, disseminate fresh ideologies, and spearhead new developments. Through an extensive media network, it triggers attention from various sectors.

Source : The 5th Global Trends Conference Successfully Held: "Global Better Life Festival" Sets Sail with Upgrades

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EMSPHERE : BANGKOK SLEEPLESS METROPOLIS

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BANGKOK, Dec. 6, 2023 /PRNewswire/ — Thailand has always held a special place in the heart of global tourists, celebrated for its rich cultural heritage and natural beauty spanning the entire country.  Besides the reminiscent beauty, its exciting urban landscape is also never the second best.  However, when considering manmade attractions, only a few places are underlined. This perception is poised to undergo a transformation with the introduction of the "EMSPHERE", the last important missing piece of the mega project "EM District".  EMSPHERE is positioning itself as a "Sleepless Metropolis." Spearheaded by The Mall Group, a major retail developer in Thailand.

 

 

 

The visionary behind this mega project, Ms. Supaluck Umpujh, Chairwoman of The Mall Group expressed her ambition, is to escalate beyond creating just another typical shopping mall. Her goal is to craft a distinctive urban district in Bangkok that resonates with global lifestyle choices. Recognizing the connecting power of entertainment, she drew her dream in parallels with iconic districts like Dubailand in Dubai, Omotesando in Tokyo, Japan, Xin Tian Di in Shanghai, and Soho in London to name a few. Believing that Bangkok should boast a high-end shopping and entertainment district, she conceived Emsphere as a sleepless metropolis that would immensely open up many more new chapters for its distinctive guests and comers

Emsphere is a pivotal component of the 650,000 sqm EM district, strategically located in the heart of Sukhumvit, surrounded by upscale residences, hotels, and offices. The EM district comprises three world-class shopping complexes, namely Emporium, a haven for luxury brands such as Cartier, Dior, Gucci, Louis Vuitton, Tiffany, and Van Cleef; Emquartier, positioned as a cutting-edge luxury and hybrid destination; and Emsphere, representing the future of retail enriched with entertainment innovative dining concepts and fashion.  The perfect combination of the three diverse attractions of the EM district is unquestionably a dream come true shopping experience and yet a place to come and watch the whole world go by. 

Emsphere’s 5th and 6th floors are exclusively dedicated to entertainment, featuring a diverse range of pubs and bars, including beach clubs and supper clubs—approximately 25 establishments in total. The project includes UOB Live, a world-class arena spanning 12,000 sqm with a 6,000-person capacity, operated by AEG, a leading American entertainment company. 

Ms. Supaluck highlighted Emsphere’s role in offering unique dining experiences, including 24-hour dining catering to late-night arrivals and local night explorers. The diverse culinary offerings include renowned establishments like Bread Street Kitchen & Bar by Gordon Ramsey, Nayuki boba milk tea from China. Southeast Asia’s first 12,000 sqm city-center IKEA store is one of the highlights for IKEA fans. For supercar lovers, on the 2nd floor is a hub for luxury cars such as Rolls-Royce, Porsche etc.

Emsphere, unveiled on December 1st under the theme "CALLING THE WORLD," is positioned as a world-class mega multi-faceted development project in the heart of Bangkok. Ms. Supaluck invites the world to experience Bangkok in a way that transcends conventional expectations. 

 

Source : EMSPHERE : BANGKOK SLEEPLESS METROPOLIS

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SaniSure earns EcoVadis Silver Rating, recognizing strong commitment to sustainability

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CAMARILLO, Calif., Dec. 6, 2023 /PRNewswire/ — SaniSure, a global player in single-use bioprocessing solutions (drug substance and drug product form & fill) and cell & gene therapy is proud to announce that it has been awarded the EcoVadis Silver Rating for its sustainability practices. This recognition places SaniSure in the top 25% of rated companies and endorses the company’s strong commitment to sustainable operations.

 

EcoVadis is a trusted platform that assesses the environmental and social performance of companies across various industries worldwide. SaniSure’s overall score of 60 positions the company ahead of nearly 80% of the biomanufacturing industry.

"This EcoVadis Silver Rating is a testament to our pursuit of environmentally responsible practices in the bioprocessing industry. We are proud of this achievement, which recognizes the progress we have made in recent years and our clear commitment to continue increasingly embedding sustainability in the way we run our business," said Steven Chevillotte, CEO at SaniSure.

The EcoVadis Silver Rating recognition highlights SaniSure’s proactive efforts to reduce its environmental impact throughout its operations. The company is committed to implementing robust environmental social governance programs and is focused on achieving even higher sustainability targets in the future.

For more information about SaniSure’s sustainability initiatives and practices, please visit https://sanisure.com/sustainability/

ABOUT SANISURE

The Best Home a Drug Can Get® — SaniSure designs, develops, and manufactures single-use solutions for the bioprocessing and cell & gene therapy markets. The SaniSure portfolio includes customized bottle and container assemblies, low-volume mixing solutions, transfer sets, filling solutions, roller bottle systems, needles and needle assemblies, molded caps, flasks, tubing, bags, and clamps. With a global presence, SaniSure operates five facilities in North America and Europe, serving leading biopharma and biotech customers.

 

Source : SaniSure earns EcoVadis Silver Rating, recognizing strong commitment to sustainability

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Environmental Career Student Guidance Programme 2023

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Explore Green Building, Experience Professional Career

HONG KONG, Dec. 6, 2023 /PRNewswire/ — 6 December will be the deadline for the Joint University Programmes Admissions System (JUPAS) application for the 2023-2024 academic year. It is believed that many candidates, while diligently preparing for the Hong Kong Diploma of Secondary Education Examination (HKDSE) in 2024, are in full swing planning their university subject choices. To better prepare secondary school students to plan their career and make subject choices for their university and tertiary studies, the Professional Green Building Council organised the Environmental Career Student Guidance Programme in October and November. Themed "Explore Green Building, Experience Professional Career", the Program has arranged nearly 60 students from Form 4 to Form 6 to visit 11 green building companies, meet professionals and gain first-hand understanding of their work, thereby deepening their knowledge of environmental building, sustainable development, and related professions.

Formed by professional institutes and inaugurated in 2002, the Professional Green Building Council (PGBC) is a non-profit making research and education institute to promote a better sustainable built environment through professional involvement, as well as green building education and training.

This year, PGBC has once again partnered with leading green building companies to provide secondary school students with an interactive learning platform through the Environmental Career Student Guidance Programme 2023. The Program aims to support students in exploring their career interests, cultivate positive thinking and orienting themselves career-wise through direct interaction with the green building practitioners.

Participating students had opportunities to visit green companies from professional institutes including Hong Kong Institute of Architects (HKIA), Hong Kong Institution of Engineers (HKIE), Hong Kong Institute of Landscape Architects (HKILA), Hong Kong Institute of Surveyors (HKIS), Hong Kong Institute of Planners (HKIP), Chartered Institute of Logistics and Transport in Hong Kong (CILTHK), Hong Kong Institute of Architectural Conservationists (HKICON), Hong Kong Institute of Facility Management (HKIFM) and Hong Kong Institute of Urban Design (HKIUD).

During these visits, students had the valuable opportunity to meet professional representatives and take part in workshops, enabling them to better understand the related careers, as well as prospects and trends of the industry for preparing their tertiary education decision.

In addition to company visits, the Environmental Career Student Guidance Programme 2023 also has plans to organise online seminars in early 2024, specifically designed for secondary school students. These seminars aim to provide further insights into the expertise of PGBC members and collaboratively promote environmental awareness, emphasising the importance of sustainable practices for achieving a zero-carbon future.

Ir Prof P.L. YUEN, Chairman of the Organising Committee for Environmental Career Student Guidance Programme 2023 and Vice-chairman of PGBC, said, "We extend our heartfelt gratitude to the schools, students, and various green building companies for their unwavering support throughout this program. PGBC has always been committed to nurturing young people to become future leaders in promoting green building. The Environmental Career Student Guidance Programme not only inspires and increases students’ interest in green building but also helps them develop careers in green building-related fields. We hope that these ambitious students can apply what they have learned and experienced to their future academic and career development, thereby becoming a powerful driving force in advancing green building principles and sustainable development."

~ End ~

For more information, please visit PGBC’s website (https://www.hkpgbc.org) or refer to the promotional flyer of the Environmental Career Student Guidance Programme 2023 (https://form.redasia.com.hk/pgbc/flyer.pdf).

Photos of student visits to green companies:

https://www.dropbox.com/scl/fo/dr0dltn3vicl41o7ebb6y/h?rlkey=buudq4s7rqbfezadfvb725rpl&dl=0 

The companies that participated in company visits for the Environmental Career Student Guidance Programme 2023:

1.  C Arch Design Consultant Limited

2.  Cushman & Wakefield (HK) Ltd

3.  Earthasia Design Group (EADG)

4.  KC Surveyors Limited

5.  LWK & Partners (HK) Limited

6.  One Bite Design Studio Limited

7.  P&T Architects and Engineers Limited

8.  Tony Ip Green Architects Limited

9.  Urbis Limited

10.  Veolia Hong Kong Holding Limited

11.  WSP (Asia) Ltd

* Listed alphabetically by company name

The Organising Committee of the Environmental Career Student Guidance Programme 2023:

Institute

Representatives

Hong Kong Institution of Engineers

Ir Prof P L YUEN (Chairman)

Hong Kong Institute of Architects

Ar Tony IP

Ar Joel CHAN

Hong Kong Institution of Engineers

Ir Sally S Y LEUNG,

Mr Anthony H K WONG,

Ir Norman C P CHENG

Hong Kong Institute of Landscape Architects

Mr Keith HUANG

Hong Kong Institute of Planners

Mr CHAN Kim On,

Ms Kathy LO

Hong Kong Institute of Surveyors

Sr Junior HO,

Sr Sunny WONG,

Sr Kenneth YUN

Hong Kong Institute of Facility Management

Mr Teddy CHEUNG

Hong Kong Institute of Urban Design

Mr Dennis HO

 

 

 

Source : Environmental Career Student Guidance Programme 2023

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Canadian Solar's e-STORAGE to Deliver 226 MWh DC of Battery Storage Projects to ENGIE in the UK

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Colin Parkin (left) and Aidan Connolly (right)

GUELPH, ON, Dec. 6, 2023 /PRNewswire/ — Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced its majority-owned e-STORAGE will deliver 226 MWh DC of turnkey energy storage solutions to ENGIE in the UK (Scotland). e-STORAGE will construct the two energy storage projects, each with a capacity of 56.5 MW / 113 MWh DC in Cathkin and Broxburn, Scotland, UK. Both sites will be connected to the 33 kV network and are scheduled to reach grid connection in early 2025.


Colin Parkin (left) and Aidan Connolly (right)

e-STORAGE has signed an Engineering, Procurement, and Construction (EPC) agreement with ENGIE for the construction of both sites. The two BESS projects will employ SolBank, a proprietary containerized energy storage solution using robust and high-cycle capacity lithium-iron-phosphate (LFP) cells, active balancing battery management system (BMS) and efficient thermal management system (TMS). e-STORAGE’s SolBank provides customers with superior performance at the highest levels of safety.

The Cathkin and Broxburn energy storage projects will support more than 40,000 homes and play a significant role in facilitating the UK’s transition to net zero emissions by 2050.

Aidan Connolly, Head of ENGIE Battery Storage UK, commented, "ENGIE is looking forward to working with Canadian Solar’s e-STORAGE on our Cathkin and Broxburn BESS projects in Scotland. Serving alongside ENGIE’s 2.1 GW of existing UK pumped storage assets at Dinorwig and Ffestiniog, these projects will build upon ENGIE’s position as a leader in power flexibility in the UK. ENGIE is targeting 10 GW of global battery storage by 2030 to help facilitate the energy transition, and these two Scottish projects are another step on this journey."                                                                    

Colin Parkin, President of e-STORAGE, commented, "We are very excited to work with ENGIE in the UK to implement these two projects at Broxburn and Cathkin. ENGIE continues to demonstrate its commitment to the deployment of clean, renewable technologies, globally and we are looking forward to supporting our established partnership with ENGIE as we progress in executing our targets to deploy multi-GW of energy storage into the progressive UK energy market in the next few years."

About Canadian Solar

Canadian Solar was founded in 2001 in Canada and is one of the world’s largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery storage solutions, and developer of utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development. Over the past 22 years, Canadian Solar has successfully delivered over 110 GW of premium-quality, solar photovoltaic modules to customers across the world. Likewise, since entering the project development business in 2010, Canadian Solar has developed, built, and connected around 9.3 GWp of solar power projects and over 3 GWh of battery storage projects across the world. Currently, the Company has around 850 MWp of solar power projects in operation, 7.8 GWp of projects under construction or in backlog (late-stage), and an additional 18.7 GWp of projects in advanced and early-stage pipeline. In addition, the Company has a total battery storage project development pipeline of approximately 55 GWh, including approximately 5 GWh under construction or in backlog, and an additional 50 GWh at advanced and early-stage development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

e-STORAGE is a subsidiary of Canadian Solar and a leading company specializing in the design, manufacturing, and integration of battery energy storage systems for utility-scale applications. The Company offers its own proprietary LFP battery solution, comprehensive EPC services, and innovative solutions aimed at improving grid operations, integrating clean energy, and contributing to a sustainable future. e-STORAGE had US$2.6 billion of contracted backlog including contracted long-term services agreements as of November 14, 2023. To date, e-STORAGE has successfully implemented over 3.3 GWh DC of battery energy storage solutions in various locations, including the United States, Canada, the United Kingdom, and China. This significant accomplishment solidifies e-STORAGE’s position as a key player in the global energy storage integration industry. Currently, the Company operates two fully automated, state-of-the-art manufacturing facilities with an annual production capacity of 10 GWh. e-STORAGE is fully equipped to continue providing high-quality, scalable energy storage solutions and contribute to the widespread adoption of clean energy. For additional information about e-STORAGE, please follow the LinkedIn page or visit www.csestorage.com.

ENGIE is a global reference in low-carbon energy and services. With its 96,000 employees, its customers, partners, and stakeholders, the Group is committed to accelerating the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Inspired by its purpose ("raison d’être"), ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its customers. Turnover in 2022: 93.9 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris –  Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600  ESG-X). https://www.engie.com/en

Safe Harbor/Forward-Looking Statements 

Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "believes," "expects," "anticipates," "intends," "estimates," the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business, regulatory and economic conditions and the state of the solar and battery storage market and industry; geopolitical tensions and conflicts, including impasses, sanctions and export controls; volatility, uncertainty, delays and disruptions related to the COVID-19 pandemic; supply chain disruptions; governmental support for the deployment of solar power; future available supplies of high-purity silicon; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets, such as Japan, the U.S., China, Brazil and Europe; changes in effective tax rates; changes in customer order patterns; changes in product mix; changes in corporate responsibility, especially environmental, social and governance ("ESG") requirements; capacity utilization; level of competition; pricing pressure and declines in or failure to timely adjust average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; continued success in technological innovations and delivery of products with the features that customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange and inflation rate fluctuations; uncertainties related to the CSI Solar carve-out listing; litigation and other risks as described in the Company’s filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 18, 2023. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

CANADIAN SOLAR INC. INVESTOR RELATIONS CONTACTS

Isabel Zhang
Investor Relations
Canadian Solar Inc.
[email protected]

David Pasquale
Global IR Partners
914-337-8801
[email protected]

e-STORAGE MEDIA INQUIRIES

Simona Marginean
e-STORAGE Marketing Manager
[email protected]

Source : Canadian Solar's e-STORAGE to Deliver 226 MWh DC of Battery Storage Projects to ENGIE in the UK

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Yunji to Report Third Quarter 2023 Financial Results on December 14, 2023

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HANGZHOU, China, Dec. 6, 2023 /PRNewswire/ — Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it plans to release its third quarter 2023 financial results before the market opens on Thursday, December 14, 2023. The earnings release will be available on the Company’s investor relations website at https://investor.yunjiglobal.com/.

The Company will hold a conference call on Thursday, December 14, 2023 at 6:30 A.M. Eastern Time or 7:30 P.M. Beijing/Hong Kong Time to discuss its earnings. Listeners may access the call by dialing the following numbers:

International:

1-412-902-4272

United States Toll Free:

1-888-346-8982

Mainland China Toll Free:   

4001-201203

Hong Kong Toll Free:      

800-905945

Conference ID:  

Yunji Inc.

The replay will be accessible through December 21, 2023 by dialing the following numbers:

United States Toll Free:        

1-877-344-7529

International:

1-412-317-0088

Replay Access Code:

1109865

A live and archived webcast of the conference call will also be available at the Company’s investor relations website at https://investor.yunjiglobal.com/.

About Yunji Inc.

Yunji Inc. is a leading social e-commerce platform in China that has pioneered a unique, membership-based model to leverage the power of social interactions. The Company’s e-commerce platform offers high-quality products at attractive prices across a wide variety of categories catering to the day-to-day needs of Chinese consumers. In addition, the Company uses advanced technologies including big data and artificial intelligence to optimize user experience and incentivize members to promote the platform as well as share products with their social contacts. Through deliberate product curation, centralized merchandise sourcing, and efficient supply chain management, Yunji has established itself as a trustworthy e-commerce platform with high-quality products and exclusive membership benefits, including discounted prices.

For more information, please visit https://investor.yunjiglobal.com/.

Investor Relations Contact

Yunji Inc.
Investor Relations
Email: [email protected]
Phone: +1 (646) 224-6957

ICR, LLC
Robin Yang
Email: [email protected]
Phone: +1 (646) 224-6957

Source : Yunji to Report Third Quarter 2023 Financial Results on December 14, 2023

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network