Latest news with #energyinnovation
Zawya
a day ago
- Business
- Zawya
Sifang Hosts Landmark Power Technology Forum: Global Experts Chart Path for Grid Modernization
MANILA, PHILIPPINES - Media OutReach Newswire - 27 June 2025 - The "New Technology of Power System" forum concluded today in Manila, emerging as a pivotal platform for international dialogue on energy innovation. Co-hosted by Beijing Sifang Automation Company and the Institute of Integrated Electrical Engineers of the Philippines (IIEE), the summit drew industry leaders, technical experts, to address challenges facing modern power grids. The event boasted a distinguished roster of attendees, including Engineer Alberto R. Herrera Jr., National President of IIEE, Engineer Cleofe T. Caidic, IIEE's Technical Affairs Vice President,and executives from Beijing Sifang Automation Company, including Chairwoman Gao Xiuhuan, Vice President Liu Shu and President Assistant Zhang Xing, joined forces with Leaders and representatives of National Grid Corporation of the Philippines(NGCP), The Manila Electric Company (Meralco), State Nuclear Electric Power Planning Design & Research Institute Philippines, Northeast Electric Power First Engineering Philippines., and other representatives from utilities, EPC, developer, and the media rounded out the audience. Kicking off the forum, Ms. Gao Xiuhuan's opening address underscored technology's role in global energy transitions, setting the stage for technical deep-dives. Engineer Herrera followed with a call to action on cross-industry collaboration, while Engineer Caidic's keynote "Empowering the Grid" outlined Philippine strategies for infrastructure upgrades through technical training and standardization. The following keynote speeches of the day are given by technical elites from Sifang. Ms. Li Wei proposed HVDC solutions for the Philippines' archipelagic grid challenges. Mr. Wang Jikang shared insights on STATCOM and grid-forming technologies for renewable integration. Mr. Zou Dengfeng discussed EMS/DMS applications for green grid stability. Ms. Zhang Jiamei advocated for wide-area monitoring systems based on her Imperial College research. Mr. Xu Kehan addressed relay protection innovations for modern power systems. Mr. Luo Nuo wrapped the forum with "Generation-Grid-Load-Storage Monitoring and Control", emphasizing the need for unified control systems. "We see this forum as a very good chance to make friends, share views, and take good advice" said Ms. Gao in her opening remarks," In the future, we will dedicate ourselves to making more contributions to the Philippines' power systems". The forum concluded with an evening gala, where bilateral discussions laid groundwork for future tech transfers and joint R&D. Beijing Sifang Automation Company, as a leading force in power automation technology within China and a globally recognized innovator in the field, founded in 1994 and headquartered in Beijing, China, has established branches in several overseas locations, including India, the Philippines, and Kenya. Sifang provides products and solutions across various sectors of the power system, covering generation, transmission, distribution, consumption, and storage. Its offerings include protection, automation, power electronics, switchgear, energy storage, and smart IoT. Currently, SIFANG's products are distributed globally, with exports to over 90 countries across Southeast Asia,Central Asia, Africa, the Americas, and Europe. More than 2 million intelligent electronic devices (IEDs) and tens of thousands of automation systems are operating safely and reliably in domestic and international markets. Hashtag: #Sifang The issuer is solely responsible for the content of this announcement. Beijing Sifang Automation Company
Malay Mail
a day ago
- Business
- Malay Mail
Sifang Hosts Landmark Power Technology Forum: Global Experts Chart Path for Grid Modernization
Sifang Hosts Landmark Power Technology Forum: Global Experts Chart Path for Grid Modernization MANILA, PHILIPPINES - Media OutReach Newswire - 27 June 2025 - The "New Technology of Power System" forum concluded today in Manila, emerging as a pivotal platform for international dialogue on energy innovation. Co-hosted by Beijing Sifang Automation Company and the Institute of Integrated Electrical Engineers of the Philippines (IIEE), the summit drew industry leaders, technical experts, to address challenges facing modern power event boasted a distinguished roster of attendees, including Engineer Alberto R. Herrera Jr., National President of IIEE, Engineer Cleofe T. Caidic, IIEE's Technical Affairs Vice President,and executives from Beijing Sifang Automation Company, including Chairwoman Gao Xiuhuan, Vice President Liu Shu and President Assistant Zhang Xing, joined forces with Leaders and representatives of National Grid Corporation of the Philippines(NGCP), The Manila Electric Company (Meralco), State Nuclear Electric Power Planning Design & Research Institute Philippines, Northeast Electric Power First Engineering Philippines., and other representatives from utilities, EPC, developer, and the media rounded out the off the forum, Ms. Gao Xiuhuan's opening address underscored technology's role in global energy transitions, setting the stage for technical deep-dives. Engineer Herrera followed with a call to action on cross-industry collaboration, while Engineer Caidic's keynote "Empowering the Grid" outlined Philippine strategies for infrastructure upgrades through technical training and following keynote speeches of the day are given by technical elites from Sifang. Ms. Li Wei proposed HVDC solutions for the Philippines' archipelagic grid challenges. Mr. Wang Jikang shared insights on STATCOM and grid-forming technologies for renewable integration. Mr. Zou Dengfeng discussed EMS/DMS applications for green grid stability. Ms. Zhang Jiamei advocated for wide-area monitoring systems based on her Imperial College research. Mr. Xu Kehan addressed relay protection innovations for modern power systems. Mr. Luo Nuo wrapped the forum with "Generation-Grid-Load-Storage Monitoring and Control", emphasizing the need for unified control systems."We see this forum as a very good chance to make friends, share views, and take good advice" said Ms. Gao in her opening remarks," In the future, we will dedicate ourselves to making more contributions to the Philippines' power systems".The forum concluded with an evening gala, where bilateral discussions laid groundwork for future tech transfers and joint R& Sifang Automation Company, as a leading force in power automation technology within China and a globally recognized innovator in the field, founded in 1994 and headquartered in Beijing, China, has established branches in several overseas locations, including India, the Philippines, and Kenya. Sifang provides products and solutions across various sectors of the power system, covering generation, transmission, distribution, consumption, and storage. Its offerings include protection, automation, power electronics, switchgear, energy storage, and smart SIFANG's products are distributed globally, with exports to over 90 countries across Southeast Asia,Central Asia, Africa, the Americas, and Europe. More than 2 million intelligent electronic devices (IEDs) and tens of thousands of automation systems are operating safely and reliably in domestic and international #Sifang The issuer is solely responsible for the content of this announcement.
Globe and Mail
2 days ago
- Automotive
- Globe and Mail
LiTime Unveils World's First Smart 'Talking LiFePO4 Battery' T5.0 for RV and Marine Use
The first smart lithium battery system in the RV and marine industries to feature an open, protocol-compatible communication ecosystem. LiTime, a global pioneer in energy innovation, has launched its fifth-generation T5.0 technology platform alongside compatible products. The breakthrough solution supports both CAN and RS485 communication protocols, enables OTA updates, and delivers native integration with leading RV and marine energy systems. By dismantling traditional battery data silos, T5.0 establishes intelligent power hubs — propelling LiTime into the era of smart, connected energy. As the global shift to off-grid living and electric mobility accelerates, lithium batteries are evolving into connected control centers. A 2024 Statista report projects that the smart RV market alone will reach $42.3 billion by 2027, with connectivity emerging as a key purchase driver. LiTime T5.0 is a strategic response to this growing trend—designed to meet the increasing demands of RV and marine users for real-time data access, precision insights, operational transparency, remote control capabilities, and seamless integration with smart external systems. Forging Industry Partnerships to Redefine Lithium Battery Capabilities Within the smart energy landscape, leading inverter manufacturers like SMA, Fronius, Victron, Enphase Energy, SolarEdge, Sungrow, and Growatt have set high benchmarks for power conversion. LiTime, committed to advancing lithium battery innovation, bridges the gap with its T5.0 platform. By embracing an open protocol architecture, T5.0 enables seamless integration between LiTime battery systems and advanced power converters. This pivotal advancement transforms LiTime's RV and marine batteries into intelligent nodes within the broader smart energy ecosystem — enabling significantly more efficient and intelligent energy management. LiTime's T5.0 Tech Revolution: From Silent to Speaking Batteries Through five rapid iterations, LiTime has evolved from a hardware-focused battery manufacturer into a full-stack smart energy provider. Each generation solved key user pain points: T1.0: High-efficiency lithium alternatives to replace short-lived lead-acid batteries. T2.0: Precision software control and real-time current sampling. T3.0: First-in-class Bluetooth control via mobile app. T4.0: Internal system networking and external data displays. T5.0: Breakthrough in external communication — enabling intelligent control and data exchange between lithium batteries and external devices like inverters and MPPT controllers via CAN and RS485 protocols. The LiTime Tech Evolution Milestone What Makes T5.0 a Game-Changer? 1. The Industry's First Universal Open-Protocol Platform for RV and Marine Applications Built-in support for a wide range of mainstream energy systems and extendable to RV-C and NMEA2000 protocols. OTA firmware updates and custom protocol configuration. Out-of-the-box compatibility with over 90% of market devices. 2. Next-Level Data Intelligence Continuously tracks 26 critical battery metrics in real time—delivering five times the detail of conventional batteries. Cloud-based access to historical data and predictive discharge alerts to help prevent outages. Introducing the T5.0 Series: Smart Batteries That Can Speak and Link all Remotely Designed for cross-platform communication, the T5.0 battery system supports both CAN and RS485 protocols and is available in two versions—Entry and Advanced. The Advanced lineup includes: LiTime's Groundbreaking New Product Coming Soon These models support both closed-loop integration with LiTime's proprietary hardware and open collaboration with third-party brands. Entry-Level Seamless OTA updates and customizable cross-brand protocol support Smart charging based on SOC and temperature regulation Real-time monitoring of voltage, temperature, current, and protection status Low-battery alerts to prevent sudden shutdowns or incorrect operation Compatible with LiTime's 48V inverter-charger; supports parallel expansion up to 16 units Advanced-Level Building on the Entry-Level Edition's foundation, the Advanced-Level Edition introduces three key upgrades: Supports third-party RV-C and NMEA2000 protocols for centralized control via RV or marine display panels, with seamless coordination across multiple onboard systems. Comprehensive data visibility: voltage, current, power, individual cell voltages, max/min battery temperature, module count, and detailed protection diagnostics. Global remote access with account-based data queries and full historical tracking. Future Vision: Building an Intelligent Energy Control Hub T5.0 is not only a technological leap but also the starting point of LiTime's smart ecosystem strategy. The company plans to continuously iterate toward T6.0, T7.0，and beyond, aiming to incorporate AI-powered predictive analysis and edge-computing adaptive control. The ultimate goal: to empower global users to build safer, smarter, and more efficient green energy systems. 'From our first generation of protection-focused batteries to today's intelligent, fully integrated systems, LiTime has remained committed to its core mission — Powering Outdoor Adventures for Generations,' said LiTime's founder."This is more than just technology — it's continuity. When a grandparent's RV runs on our T5.0-powered battery, their grandchild can monitor and protect that journey from anywhere in the world.' About LiTime LiTime is a premium brand specializing in LiFePO4 battery technologies. Focused on safety, intelligence, and sustainability, the company serves a global user base across RV, marine, solar, and off-grid applications. With strong R&D capabilities, rigorous production standards, and top-tier service, LiTime is trusted by both professionals and adventurer to power tomorrow's clean energy journeys. Media Contact Company Name: Shenzhen LiTime Technology Co., Ltd Contact Person: Shafee Chang Email: Send Email Country: China Website:
Bloomberg
3 days ago
- Business
- Bloomberg
Zero: Climate Tech Has Lost its Shine. Now What?
Climate tech is not the hot investor thesis it once was a couple of years ago. After several record breaking years, and billions of dollars being poured into climate startups, venture capital investments are way down. This week on Zero, Akshat Rathi speaks with Mike Schroepfer, who runs Gigascale Capital, a venture firm focusing on climate investments, and used to be Meta's chief technology officer. Schroepfer shares his views on the current investment climate, the danger of funding cuts to US research, and why demand for AI will prompt a new wave of energy innovation.
Yahoo
5 days ago
- Business
- Yahoo
Acceleware Announces Strategic Collaboration and Distribution Agreement with Scovan
CALGARY, Alberta, June 23, 2025 (GLOBE NEWSWIRE) -- Acceleware® Ltd. ('Acceleware' or the 'Company') (TSX-V: AXE), a leading innovator of cutting-edge radio frequency (RF) power-to-heat technologies targeting process heat for critical minerals, amine regeneration (for carbon capture and other applications), and enhanced oil production, is pleased to announce a strategic collaboration and distribution agreement ('The Agreement'), with Scovan. Scovan is an industry leader specializing in innovation and expertise for energy sector projects by providing engineering, procurement, complete fabrication, construction and construction management services (EPFC). This Agreement supports Acceleware's broader strategy to rapidly evolve the Company from research and development to a cash flow generating business. It is also structured such that it could potentially expedite successful commercialization immediately upon demonstrated success with the Company's next RF XL 2.0 project. Among other terms, the Agreement establishes a collaboration that: Appoints Scovan as the exclusive distributor of RF XL in western Canada, once RF XL is commercialized; Provides Scovan as the preferred surface facility engineering and construction partner for RF XL 2.0. Is expected to expedite partnerships and sales both before and after successful commercialization of RF XL 2.0. Uses Scovan's EPFC expertise to potentially reduce lead time from regulatory approval to cash flow by a year or more. Scovan has strong relationships with a large number of heavy oil and oil sands producers and has made bringing innovation to market as commercial solutions a strategic priority, allowing for a quick ramp up from demonstration to multi-well pilot, and then to commercialization and sales. Scovan is a recognized leader in oil sands and heavy oil EPFC. The Acceleware team continues to actively look to acquire additional production rights to heavy oil assets in western Canada where they will deploy an RF XL 2.0 demonstration as an enhanced oil recovery method. This initiative provides an opportunity to deploy RF XL in a well-suited reservoir and earn oil production revenues, while offering the potential for multi-well expansion. 'This partnership is the first of several strategic steps to accelerate RF XL 2.0's path to market,' said Geoff Clark, CEO of Acceleware. 'With the federal government's 'One Canadian Economy' Act placing a clear priority on decarbonized oil, the time to act is now. By engaging Scovan to fast-track commercialization, we aim to demonstrate both the economic viability and emissions-reduction potential of RF XL 2.0 - bringing this breakthrough technology to large-scale deployment within two years, not decades. We strongly believe that this Agreement adds significant value to Acceleware and to our shareholders by increasing our project delivery credibility, and providing strong backing that RF XL 2.0 can deliver for the industry.' Added Donovan Nielsen, President of Scovan, 'This partnership supports Scovan's vision of the 'Facility of the Future' - one that is more sustainable, more efficient, smaller in footprint, faster to deliver, and more cost-effective. Innovation and calculated risk-taking are essential to unlocking new approaches to oil development and Scovan's collaboration with Acceleware reflects this mindset. While the technology is still proving its effectiveness in the field, we are excited by its potential and committed to supporting solutions that could reshape how in-situ oil sands extraction is done in the future.' About Acceleware: Acceleware is an advanced electromagnetic (EM) heating company with cutting-edge radio frequency (RF) power-to-heat solutions for large industrial applications. The Company's technologies provide an opportunity to electrify and decarbonize industrial process heat applications while reducing costs. The Company is working to use its patented and field proven Clean Tech Inverter (CTI) to materially improve the efficiency of amine regeneration, and has partnered with a consortium of world-class potash partners seeking to decarbonize drying of potash ore and other critical minerals. Acceleware is actively developing other process heat applications and partnerships for RF heating. Acceleware's RF XL is a patented low-cost, low-carbon RF thermal enhanced oil production technology for heavy oil that is materially different from any enhanced recovery technique used today. Acceleware is a public company listed on the TSXV under the trading symbol 'AXE'. About Scovan: Scovan is a cutting-edge EPFC firm that provides innovative, sustainable services for energy sector projects. Our proven track record, unique approach and turnkey offerings allow us to provide end-to-end solutions, from piloting to full-scale commercial development. Combining past experience, present opportunities, and future vision, we create long-term value for clients. Scovan is your trusted partner, providing you with the confidence and certainty needed for successful developments - A New Energy. Cautionary Statements This news release contains forward-looking statements and/or forward-looking information (collectively, 'forward-looking statements') within the meaning of applicable securities laws. When used in this release, such words as 'will', 'anticipates', 'believes', 'intends', 'expects' and similar expressions, as they relate to Acceleware, or its management, are intended to identify such forward-looking statements. Such forward-looking statements reflect the current views of Acceleware with respect to future events, and are subject to certain risks, uncertainties and assumptions. Many factors could cause Acceleware's actual results, performance or achievements to be materially different from any expected future results, performance or achievement that may be expressed or implied by such forward-looking statements. Certain information and statements contained in this news release constitute forward-looking statements, which reflects Acceleware's current expectations regarding future events, including, but not limited to: the future benefits arising from the Agreement; the Company's ability to successfully complete commercialization of RF XL 2.0; the potential acquisition by the Company of certain assets, deployment of RF XL 2.0; the initiatives to be implemented by Management to shift the Company's focus from research and development to cash flow generation; the timing to complete certain milestones in the Agreement; and the impact of the Agreement on Acceleware's business and shareholder value. Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: the availability of potential heavy oil production rights in western Canada, the availability of investment capital and other funding, the high degree of uncertainties inherent to feasibility and economic studies which are based to a significant extent on various assumptions; variations in commodity prices and exchange rate fluctuations; variations in cost of supplies and labour; lack of availability of qualified personnel; receipt of necessary approvals; availability of financing for technology and project development; uncertainties and risks with respect to developing and adopting new technologies; general business, economic, competitive, political and social uncertainties; change in demand for technologies to be offered by the Company; obtaining required approvals of regulatory authorities and/or shareholders, as applicable; ability to access sufficient capital from internal and external sources. For a more fulsome list of risk factors please see the Company's December 31, 2024, year-end Management Discussion and Analysis ('MD&A') available on SEDAR+ at Management of the Company has included the above summary of assumptions and risks related to forward-looking statements provided in this release to provide shareholders with a more complete perspective on the Company's current and future operations and such information may not be appropriate for other purposes. The Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements included in this news release should not be read as guarantees of future performance or results. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release is intended for distribution in Canada only and is not intended for distribution to United States newswire services or dissemination in the United States. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. For more information:Geoff ClarkTel: +1 (403) in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
