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Shanghai Electric Named One of China’s 500 Most Valuable Brands by World Brand Lab

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SHANGHAI, June 27, 2023 /PRNewswire/ — Shanghai Electric (SEHK:2727, SSE:601727) (“the Company”) has been recognized as one of China’s 500 Most Valuable Brands, according to an annual list published by World Brand Lab, a world’s leading research institute specializing in digital marketing and brand valuation. The 2023 edition of the report, which gauges companies’ brand status based on their financial data, brand strength, and consumer behavior, shows that Shanghai Electric holds the 48th position with a brand value of RMB 172.58 billion (USD 23.99 billion), marking the seventh consecutive year that the Company made it to the Top 50.

“The ranking once again attests to Shanghai Electric’s commitment to technological innovation as the cornerstone of the Company. We view innovation as the driving force behind our rapid development, strengthening our competitiveness as a green-focused company while exploring technological breakthroughs to empower China and beyond to achieve low-carbon targets. Meanwhile, we also place openness and win-win cooperation at the core of our business strategy as we endeavor to bring more value to our partners and accelerate global industrial development,” said Liu Ping, President of Shanghai Electric.

“As we strive to catalyze the innovation of China’s high-end equipment industry, Shanghai Electric has established itself as a key player on the global stage. Over the past few years, we have participated in over 100 power engineering products under the Belt and Road initiative, exploring effective and efficient construction and management models and experience that refine our expertise and equip us with industry-leading solutions,” he added.

Leveraging Green Innovation to Decarbonize Industries

Taking the forefront in driving sustainable growth for the energy and industrial sectors, Shanghai Electric is committed to advancing the development of new power systems and zero-carbon industrial park solutions with the aim to help its customers and partners in reducing carbon emissions. Moreover, Shanghai Electric is actively expanding and diversifying its solution portfolios, facilitating partners in their transition towards greener power sources.

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In partnership with the municipal government of Nantong City, Shanghai Electric has established Hengxi Photovoltaic Technology Co., Ltd as a springboard to propel Nantong’s new energy industry to greater heights. The new company will be instrumental in forming a photovoltaic industry cluster and strengthening the synergy of the solar sector of the city, with the initial phase of the project set to have a production capacity of 4.8 GW for high-efficiency heterojunction (HJT) solar cells and modules.

Armed with seventy years of experience in industrial design, the Shanghai Institute of Mechanical & Electrical Engineering (SIMEE) plays a pivotal role in driving low-carbon development by delivering solutions that help its partners and customers trim down their carbon emissions. The institute, which has clinched over 300 national and provincial awards, holds over 110 patents and invests RMB 100 million in its R&D initiatives for upgrading manufacturing processes, equipment development, and the formulation of new design standards. Volkswagen’s Changsha factory designed by the institute has been granted China’s Green Building Label Certificate for achieving the highest green standards and adopting BIM design management for the entire process.

As the fourth industrial revolution fuels innovations in IoT, big data, robotics, and AI to drive low-carbon production, Shanghai Electrics also harnesses its technological prowess in these fields to provide intelligent manufacturing automation solutions for industries such as lithium batteries, aerospace, automobiles, and security. Shanghai Electric’s lithium battery production line achieves 30% energy savings and a 60% cost reduction, while its aviation automation solutions, which encompass industry-leading lithium battery production equipment, industrial robots, and aerospace automation systems, provide one-stop services for building smart factories.

Pushing for Power Revolution with Win-Win Cooperation

For decades, Shanghai Electric is pioneering global energy innovation to drive green development for the power sector, bringing both economic and social benefits for users worldwide with its solutions that unlock new possibilities.

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2023 marks a new milestone as the Company has completed a 168-hour trial operation of the 660 MW coal-fired power station unit 2 in the Yanghuopan coal-electricity integration project. Designed by Shanghai Electric–SPX Engineering & Technologies Co., Ltd., the project is the first of its kind powered by natural ventilation direct cooling (NDC) system which delivers exceptionally better performance in terms of energy efficiency, emissions reduction, noise reduction, frost resistance, and operational flexibility compared with mechanical ventilation direct cooling (ACC) and natural ventilation indirect cooling (ISC) systems.

Shanghai Electric Power Engineering Company has been selected as the general contractor for Phase I and Phase II projects of the renewable energy power station in Selangor, Malaysia. A key project commissioned by the state’s government to boost the local economy while enhancing the well-being of residents, the station is capable of processing 2,900 tons of waste per day, as well as helping decontaminate and reuse half of the solid waste generated within the state.

In the UK, the 20.8 MW Low Farm project, the seventh installment among a series of eight photovoltaic projects in the country constructed by Shanghai Electric, has been connected to the grid, contributing to the UK’s renewable energy capacity and supporting the country’s efforts in transitioning towards a greener and more sustainable future. The official operation of the project reinforces Shanghai Electric’s position as a leader in the global new energy market and showcases its capability in building large-scale photovoltaic projects in the Western markets that uphold high standards of quality for infrastructure construction.

About Shanghai Electric

Shanghai Electric Group Company Limited (SEHK:2727, SSE:601727), a leading global supplier of industrial-grade eco-friendly smart system solutions with a presence around the world, is dedicated to smart energy, intelligent manufacturing, and the integration of digital intelligence. With the focus on low-carbon development and digital transformation by opening up new arenas and promoting new growth drivers, Shanghai Electric will strive to be a leader in the pursuit of peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060, new energy equipment production, and high-end equipment localization, utilizing the boundless opportunities in an innovative industrial ecosystem along with global partners.

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For more information, please visit https://www.shanghai-electric.com/group_en/

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Blockchain Press Releases

Howe-Baker International Signs Memorandum of Understanding with D.Energy to Pioneer Clean Hydrogen Production Using Blockchain Technology

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TYLER, Texas, July 17, 2024 /PRNewswire/ — Howe-Baker International, a leader in design and engineering for the energy sector, is pleased to announce the signing of a Memorandum of Understanding (MOU) with D.Energy, a layer 1 blockchain pioneering clean energy protocols. This strategic partnership aims to advance the research and development of implementing blockchain technology in the generation of clean hydrogen.

Under the terms of the MOU, Howe-Baker and D.Energy will collaborate to explore and develop blockchain-based systems to enhance the efficiency, transparency, and security of hydrogen production processes. The collaboration aligns with both companies’ commitment to fostering innovation and sustainability in the energy sector, heralding a new era of clean hydrogen production powered by blockchain technology.

Key Objectives of the Collaboration:

  1. Efficiency Enhancement: Utilizing blockchain technology to optimize hydrogen production processes, reducing costs and improving overall efficiency.
  2. Transparency and Traceability: Ensuring transparent tracking of hydrogen production from renewable sources to end-users, enhancing trust and accountability in the supply chain.
  3. Security and Data Integrity: Implementing robust blockchain solutions to safeguard data integrity and prevent unauthorized access or tampering.
  4. Sustainability Goals: Contributing to global efforts to reduce carbon emissions by promoting the adoption of clean hydrogen as a viable and sustainable energy source.

Comments from Leadership:

“We are thrilled to partner with D.Energy on this groundbreaking initiative,” said Layken White, president of Howe-Baker. “Combining our extensive experience in energy infrastructure with D.Energy’s blockchain expertise, we are poised to revolutionize the clean hydrogen production industry. This collaboration not only supports our sustainability goals but also positions us at the forefront of technological innovation in clean energy.”

Shafi Rafi, founder of D.Energy, added, “This MOU marks a significant milestone in our mission to integrate blockchain technology into the energy sector. By partnering with Howe-Baker, we aim to develop scalable and secure blockchain solutions that will drive the future of clean hydrogen production. Together, we are committed to creating a more efficient and sustainable landscape for On-Chain Real World Assets (RWAs).”

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About Howe-Baker International:

Howe-Baker International is a global technology company providing engineering, fabrication and construction services for the energy industry. With a rich history of delivering innovative solutions, Howe-Baker is dedicated to driving progress in the energy sector and supporting the transition to cleaner energy sources.

For more information, please contact: 
Reem Ellafi
[email protected]
www.howebaker.com

About D.Energy:

D.Energy is a layer 1 blockchain that specializes in tokenizing sustainable Real World Assets (RWAs). Its platform supports a wide range of applications, including trading climate assets, enhancing the efficiency and security of renewable energy production, and promoting the integration of sustainable energy technologies.

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For more information, please contact: 
Luke Potter
[email protected]
www.d.energy

Photo – https://mma.prnewswire.com/media/2463771/d_energy_howe_baker_square.jpg

 

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Blockchain

Artificial Intelligence takes Center Stage at Blockchain Futurist Conference 2024 in Toronto

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 The highly anticipated Blockchain Futurist Conference, Canada’s Largest Web3 Event, is set to return for its sixth year to Toronto this August 13-14, 2024, with a focus on Artificial Intelligence as a core theme. This year’s event promises to offer sessions, panels, and sub-events centered around AI, highlighting how these technologies are transforming Web3 and reshaping our world. The dedicated AI segment is scheduled for Wednesday, August 14, 2024, and is accessible with all conference passes.

AI and Web3 technologies are rapidly converging to create a future that promises to revolutionize the digital landscape. AI’s ability to analyze vast amounts of data, and automate complex processes, complements Web3’s decentralized and transparent framework. This integration enables more secure, and equitable solutions across various sectors.

At this year’s event, attendees can hear from top industry leaders in AI such as:

  • Anthony Di Iorio, Founder, Ethereum, Decentral, Andiami

  • Ben-Zion Benkhin, CEO, WOMBO

  • Ashley Nandan, Google Canada, Startups

  • Ari Juels, Chief Scientist, Chainlink Labs

  • Christopher Johnson, Developer, Bad Idea AI

  • Trevor Koverko, Co-Founder, Sapien

  • JD Seraphine, CEO, Raiinmaker

  • Breeze Liu, Founder & CEO, Alecto AI

  • Christopher Obereder, Investor, Startup Chris Ventures

  • Adam Benzine, Creator & Oscar®-Nominated Filmmaker

AI Futurist Conference will also host multiple sponsors dedicated to AI organizations, such as Inference Labs, a Gold Sponsor at this year’s event.

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Inference Labs specializes in developing advanced infrastructure and products for AI on Web3. Their lab focuses on AI inference interoperating on the blockchain, an essential step for building a future where anyone can access AI without counterparty risk.

Ron Chan, Co-Founder of Inference Labs, and a visionary entrepreneur dedicated to pioneering the future of Decentralized AI had this to say:

“In all my years navigating tech cycles, I have never witnessed the level of developer interest in Artificial Intelligence that we see today. We’re at an inflection point where Internet traffic is roughly split 50/50 between humans and machines. I firmly believe that inference will soon become the dominant form of Internet traffic.”

With two decades of experience as a serial entrepreneur, Ron Chan has successfully navigated the ever-evolving tech industry, leading multiple technology and infrastructure startups to successful exits. His expertise spans architecting data centers, defense projects, and developing mission-critical civil aviation applications, showcasing his versatility and adeptness in managing complex, high-stakes ventures.

Futurist Conference will also host multiple sub-events and meetups for the AI community throughout the venue on both days. These include:

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  • Crypto x AI Book Signing: Ari Juels, Chief Scientist of Chainlink Labs and author of “The Oracle,” will discuss Crypto x Artificial Intelligence on the Main Stage, followed by a book signing.

  • AI Ethics Roundtable: A critical exploration of the ethical implications of AI and the transformative role of Web3 technologies.

  • AI Web3 & Robotics for Kids: A fun and interactive workshop for kids to learn about AI and Web3, with hands-on experience with robots.

  • Robots Live Onsite: Witness jaw-dropping innovations in action and experience the thrill of future technologies before your eyes.

Futurist Conference aspires to be more than just an event; it aims to create a future world within a conference, immersing attendees in the cutting-edge technologies that will shape tomorrow. By offering interactive experiences, and live demonstrations, the conference allows participants to see, feel, and engage with the latest advancements in AI, Web3, and beyond.

Futurist Conference is the perfect place for these industries to convene, providing a unique platform for thought leaders, innovators, and enthusiasts to explore the transformative potential of AI and Web3 technologies. Get ready to step into the future this August.

The post Artificial Intelligence takes Center Stage at Blockchain Futurist Conference 2024 in Toronto appeared first on HIPTHER Alerts.

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Blockchain Press Releases

Zilliqa makes blockchain history by buying a racehorse

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SINGAPORE, July 17, 2024 /PRNewswire/ — Zilliqa, the long-established layer-1 blockchain and market leader in Web3 sports and entertainment, is proud to announce its venture into the world of horse racing through the acquisition of a racehorse.

Aptly named “The HRSE Horse”, the racehorse’s unique moniker is a nod to $HRSE, the recently-launched fan token of The Winners Circle, an innovative new loyalty platform that uses Web3 to redefine the racing fan experience.

The ownership will see The HRSE Horse sporting community-selected colours and branding when racing, generating mainstream exposure for both The Winners Circle and the Zilliqa blockchain.

The HRSE Horse is the first racehorse to ever be owned by a blockchain company, and its unusual name was not chosen only to prick up the ears of the established horse racing community, but also to demonstrate how The Winners Circle is combining the physical world of horse racing with its core tenet of digital ownership unlocked by harnessing the capabilities of the Zilliqa network.

Launched by Racing League and powered by Zilliqa, The Winners Circle is a fan engagement platform supercharged by Web3 that features a free-to-play prediction game where fans are rewarded with $HRSE tokens by correctly choosing the winners of real-world horse races. These tokens can then be used to influence the decisions of teams competing in the exciting Racing League competition while also unlocking exciting features such as discounts on racehorse ownership shares, tickets, merchandise, and more..

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The Token Generation Event (TGE) for $HRSE was concluded on July 17th, with the token now listed on participating exchanges such as MEXC and Pancake Swap.

Zilliqa’s foray into horse racing goes beyond sport; it is an opportunity to bridge the gap between physical and digital realms, echoing The Winners Circle’s vision of embracing opportunities in both spheres.

The HRSE Horse is trained by former National Hunt jockey and globally renowned racehorse trainer Jamie Osborne, whose mission to reinvigorate the world of horse racing and attract a younger demographic is aligned with the innovative fan-first approach taken by The Winners Circle that leverages Web3 to redefine the fan experience. Osborne’s extensive knowledge of horse racing and bright sense of humour birthed the idea of finding a horse for Zilliqa to own and naming it The HRSE Horse.

With a global presence amplified by the audience of this thrilling sport, Zilliqa aims to capture the imagination of communities worldwide, celebrating the spectacle of horse racing while promoting meaningful innovation powered by the Zilliqa blockchain and The Winners Circle.

Commenting on the announcement, Zilliqa CEO Matt Dyer, said:

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“We are thrilled to announce our ownership of The HRSE Horse, who we hope will turn heads for his speed as well as his unique name. In becoming the first blockchain to own a racehorse, not only do we showcase the potential for The Winners Circle to redefine fan engagement in this age-old sport, but we also demonstrate how the HRSE token brings the real and digital worlds together. We’ve bought a racehorse, and by signing up for The Winners Circle, fans can have the chance to own a share of one, too.”

Commenting on the announcement, Trainer Jamie Osborne, said

“I am excited by Zilliqa’s ownership of The HRSE Horse and excited to see him perform on the race track. Horse racing needs to embrace new technologies to attract a younger demographic, and I believe The Winners Circle has the potential to drive a new generation of racing fans to this thrilling sport, which is why I’ve supported their mission from the start. Hopefully The HRSE Horse and Zilliqa will achieve great success and make this season be remembered as the Zilliqa summer, on and off the track.”

About Zilliqa

Zilliqa, the industry-recognised layer-1 blockchain founded in Singapore in 2018 is a high-performance, high-security, and low-fee blockchain platform. Designed to scale with the demands of global businesses, the blockchain serves as a versatile foundation that facilitates a broad array of Web3 applications and services across a multitude of sectors, providing a robust platform for emerging developers and established enterprises alike. The next evolution of the network, Zilliqa 2.0, is currently under development and offers a user-centric platform designed for ease of use and customisability.

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View original content:https://www.prnewswire.co.uk/news-releases/zilliqa-makes-blockchain-history-by-buying-a-racehorse-302198262.html

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