Month: June 2022

Posted on

DEAPcoin to Be Listed on Huobi Global, One of the Largest Crypto Asset Exchanges

Aiming to further increase the value and utility of DEAPcoin

Featured Image for Digital Entertainment Asset Pte.Ltd

SINGAPORE, June 28, 2022 (GLOBE NEWSWIRE) — Digital Entertainment Asset Pte. Ltd. (DEA), the Singapore-based GameFi platform behind the “PlayMining” ecosystem, revealed its native DEAPcoin (DEP) token will be listed on June 30 11:00 (UTC+8) on “Huobi Global”, one of the world’s leading and largest exchanges for crypto assets.

“Huobi Global”, founded in 2013, is a Singapore-based crypto exchange ranked as the world’s fourth-largest cryptocurrency exchange in terms of trading volume, according to CoinGecko.

“Huobi Global” has also established a global blockchain ecosystem for the digital economy, serving tens of millions of users worldwide and earning their confidence and trust.

This fresh exchange listing represents the latest strategic tie-ups for DEA, with more expected to follow as part of its global GameFi expansion to make “Play to Earn” more accessible to users around the world. We will continue to reinforce and expand our alliance partners to further strengthen the PlayMining ecosystem.

[Listing information on Huobi Global]
Listing Date: Thursday, June 30, 2022, 11:00 (UTC＋8)
Trading Pair: DEP/USDT

■Comment from Naohito Yoshida, Founder & CEO of DEA
“We are very pleased to list DEP on Huobi Global, the world’s leading Singapore-based crypto exchange. I would like to thank everyone involved in the process. DEA’s mission to globally expand “Play to Earn” and Huobi Global’s strategy to lead the crypto asset industry with its strong global reach fit well together. On June 11, 2022, Huobi Global announced the creation of “Ivy Blocks”, a new investment division to deal with DeFi (decentralized finance) and Web3 projects. Also, it acquired a Latin American crypto exchange “Bitex” in May 2022, seeking to expand into the Latin American market, thus we are very much looking forward to the future development of the company.”
■About Huobi Global
Huobi Global is a Singapore-based crypto asset exchange founded in 2013. Huobi Group, the operating company of “Huobi Global,” is a global leader in the digital economy industry with a mission to dramatically advance core blockchain technology and integrate it with other industries. Huobi Group has expanded its products and services to public blockchains, digital asset trading, wallets, mining pools, proprietary investments, project incubation, digital asset research, and more. In addition, the company has established a global digital ecosystem by investing in over 60 upstream and downstream companies across the blockchain industry.

To learn more about Huobi Global, visit their website.
■About DEAPcoin (DEP)
DEAPcoin is a utility token that is distributed on DEA’s GameFi platform, “PlayMining”, and can be used to trade NFTs. “PlayMining” was launched on May 26, 2020, and as of January 2022 has over 2.3 million users in 100 countries worldwide.

On Jan. 26, 2022, DEAPcoin was listed on “BITPOINT”, a crypto asset exchange licensed by the Japanese Financial Services Agency, becoming the 38th crypto asset handled in Japan. It is also the first Play to Earn token to be circulated in Japan and “PlayMining” is the world’s first Play to Earn token economy, leading the global GameFi market.

More information on DEAPcoin is available in the whitepaper.
Digital Entertainment Asset Pte. Ltd. | https://dea.sg/jp/
DEA, a GameFi platform business, was founded in Singapore in August 2018 and is developing “JobTribes”, a Play to Earn game, and “PlayMining NFT”, an “NFT marketplace”. Using blockchain technology, the company aims to realize a world where one can create value by having fun.

Co-CEO: Naohito Yoshida, Kozo Yamada
Location: 7 Straits View, Marina One East Tower,#05-01, Singapore 018936
Establishment: August 2018
Business description: GameFi platform business

Contact Information
Digital Entertainment Asset Pte Ltd
Public Relation: Takasugi ｜tomoyuki_takasugi@dea.sg / Soeda｜soeda@dea.sg

Related Images

Image 1

This content was issued through the press release distribution service at Newswire.com.

Attachment

Posted on

Workplace Options acquires Essi Systems’ stress, resiliency and emotional intelligence assessments and behavior change tools to enhance its digital wellbeing solutions offerings

RALEIGH, N.C., June 28, 2022 (GLOBE NEWSWIRE) — Workplace Options, a leading provider of integrated global wellbeing solutions, announced that it acquired Essi Systems’ stress, resiliency and emotional intelligence assessments and behavior change tools. Essi Systems is an international management consulting company that has been delivering scalable human capital solutions to improve employee health and optimize performance to more than 4,000 organizations in thirty countries worldwide for over 35 years.

“This acquisition will strengthen Workplace Options’ suite of digital services, adding new tools to our suite of emotional, practical, and physical solutions,” says Alan King, President, and CEO at Workplace Options. “Our clients will benefit from the assessments and behavioral change tools that Essi Systems developed to further improve the health and resiliency of its members.”

Workplace Options will continue to expand and build upon the platform that Essi Systems has developed. This method of assessment has been scientifically validated for more than 30 years and is delivered through training, coaching, and consulting programs. Assessment tools include maps that provide extensive data on stress, resiliency, and emotional intelligence in a workplace population. Behavioral change tool, 21 Day Club®, delivered through SaaS platform is a robust assessment and skill building program aimed at helping individuals improve performance and resiliency for personal and professional development.

“Our clients and consultants can expect the same level of quality and service that they have come to know from our company,” said Karla Carmony, CEO and President of Essi Systems. “Workplace Options has been on the forefront of developing innovative wellbeing solutions for 40 years and we are pleased to have them take what we’ve created to the next level.”

The acquisition of Essi Systems’ products and services is one of several key digital investments for Workplace Options as the company continues to grow and expands offerings to meet the changing needs of clients and members. The Essi Systems assessment tools will be integrated into Workplace Options’ iConnectYou (iCY) mobile app enabling users to take the assessments online and receive custom personalized solutions to improve their wellbeing.

Contact service@workplaceoptions.com to learn more.

About Workplace Options

Workplace Options is the world’s largest independent wellbeing solutions leader that supports individuals to become healthier, happier, and more productive, both personally and professionally. We deliver digital and in-person support through tailored programs, data intelligence and a comprehensive global network of credentialed providers and professionals to deliver the best positive human-centered experience.

For more information about Workplace Options visit www.workplaceoptions.com.

Dalal Kheder
dalal.kheder@workplaceoptions.com
+1 416-648-2615

Posted on

Citeline and Norstella Unite to Offer Life Sciences Clients a Full Suite of Commercial and Clinical Solutions

The new organization will help life sciences companies improve strategic decision-making and accelerate the mission of smoothing access to therapy from pipeline to patient

Yardley, PA, June 28, 2022 (GLOBE NEWSWIRE) — Norstella, an organization that helps life sciences companies navigate the complexities of the drug life cycle, and Citeline (formerly Pharma Intelligence)—a leading provider of specialist intelligence, data and software for clinical trials, drug development and regulatory compliance—have announced an agreement to merge the companies.

By uniting Norstella, which is comprised of four prominent pharmaceutical solutions providers—Evaluate, MMIT, Panalgo and The Dedham Group—with Citeline, the combined company will be well positioned to help life sciences companies reach patients faster by providing clients with the intelligence and answers they need from early clinical development through to commercialization. This move reflects the shared goal of becoming an end-to-end solution provider, helping patients access life-saving therapies.

As life sciences companies drive innovation toward more specialized therapeutics across all disease areas including oncology and rare disease, and patient populations become more targeted, they need to make critical decisions about how to bring the right drugs to market, how to construct clinical trials leveraging the latest innovations in real-world data and data science—and with end points that consider future payer reimbursement decisions—and, ultimately, how to reach patients in need.

“Accelerating innovation and ensuring that every patient gets the therapy that they need is our North Star,” said Norstella CEO Mike Gallup. “By bringing clinical and commercial intelligence together—along with real-world data—the combined company will be well positioned to deliver on its mission.”

Together, Norstella and Citeline will play a critical role in helping pharmaceutical manufacturers plan for and overcome barriers to access, not just during clinical trials but at every stage in the drug development life cycle. Citeline’s solutions, including its portfolio of clinical trial products, provide insights that improve the speed and efficiency of clinical trials and reduce risk. Now, the Citeline solutions—along with MMIT’s PAR data and other complementary Norstella data assets—can be powered by Panalgo’s Instant Health Data Analytics platform to provide transformative answers that will improve workflow and decision-making and, ultimately, help products get to market and to patients quicker than ever before.

“At Citeline, our mission is to accelerate the connection of treatments to patients and patients to treatments. Ultimately, this marriage of commercial and clinical capabilities will advance the mission and enable the pharmaceutical C-suite to manage portfolio strategy like never before,” said Ramsey Hashem, CEO, and Jay Nadler, Executive Chair, of Citeline. “This includes deciding which drug to bring to market, what new indications to pursue for a drug and how to target patients for clinical trials more quickly and with reduced cost. And now, this includes understanding how to design clinical trials that yield the types of data that payers need to make appropriate reimbursement and formulary decisions.”

“It’s about making a difference in the lives of patients,” said Gallup. “This move will help us make our vision of a more innovative, accessible healthcare marketplace a reality.”

The merger is expected to close in the second half of 2022 subject to customary closing conditions and regulatory approvals.

About Norstella
At Norstella, our mission is simple: to help patients gain access to life-saving therapies. Norstella consists of several prominent organizations—Evaluate, MMIT, Panalgo and The Dedham Group—that have united to offer a full range of pharmaceutical consultancy services and solutions. As one organization, Norstella provides life sciences clients with the right tools and expertise to navigate complexities at each step of the drug development life cycle, from pipeline to patient. For more information, visit Norstella and follow on LinkedIn.

About Citeline
Citeline (formerly Pharma Intelligence) powers a full suite of complementary business intelligence offerings to meet the evolving needs of health science professionals to accelerate the connection of treatments to patients and patients to treatments. These patient-focused solutions and services deliver and analyze data used to drive clinical, commercial, and regulatory related-decisions and create real-world opportunities for growth.

Our global teams of analysts, journalists and consultants keep their fingers on the pulse of the pharmaceutical, biomedical and medtech industries, covering it all with expert insights: key diseases, clinical trials, drug R&D and approvals, market forecasts and more. For more information on one of the world’s most trusted health science partners, visit Citeline.

Melody Udell
Norstella
312-618-5968
melody.udell@norstella.com

Blair Dawson
Citeline
919-413-4616
blair.dawson@informa.com
Posted on

Modelo, UFC and Rebuilding Together Launch Year Two of the Gym Revitalization Initiative During 10th Annual UFC International Fight Week

Former UFC Heavyweight Champion Stipe Miocic rejoins Modelo’s community-based initiative to refurbish local gyms and strengthen the Fighting Spirit across the nation

Las Vegas Gym Revitalization

The team celebrating the renovations of Fight Capital Gym in Las Vegas

CHICAGO, June 28, 2022 (GLOBE NEWSWIRE) — As the 10th Annual UFC International Fight Week kicks off, Modelo®, the beer brewed for those with the Fighting Spirit™, and long-standing partner UFC®, today announced year two of its gym revitalization program in partnership with leading nonprofit Rebuilding Together. Modelo is on a mission to boost the Fighting Spirit across the nation by providing hard-earned renovations to local training gyms that play an integral role in strengthening their communities. Building on last year’s partnership, the trio will refurbish local gyms this year in Denver, Charlotte, Las Vegas and New Orleans.

“Modelo is excited to reignite and build upon the incredible work we accomplished rebuilding gyms in our first year with UFC and Rebuilding Together,” says Greg Gallagher, Vice President, Modelo Brand Marketing. “Access to the services provided by local gyms strengthens communities and ensures everyone can nurture their own Fighting Spirit, which is why we’re so proud to be involved in an initiative that breathes new life into those crucial spaces.”

To launch year two, Modelo brought the community-based initiative to a gym near UFC’s global headquarters in Las Vegas to observe the world’s largest celebration of combat sports, UFC International Fight Week. Modelo, Rebuilding Together and UFC provided Fight Capital Gym with a well-deserved revamp, including new jiu-jitsu mats, speed bag mounts, boxing bags and flooring, with the help of two of the biggest names in the industry. Former UFC heavyweight champion and longtime brand ambassador Stipe Miocic and UFC commentator Jon Anik lent their time and expertise to Fight Capital Gym by assisting with the renovations and providing members with a special seminar. Fight Capital Gym embodies the Fighting Spirit through its work with servicemen and women, free quarterly self-defense seminars and efforts to help members gain physical and mental empowerment through combat sports.

“After getting the chance to help a gym in my home state of Ohio last year, I am thrilled to have the opportunity to continue my involvement in this impactful program in a new, but equally meaningful, way,” says Stipe. “Las Vegas not only has a special place in my heart as the city where my career really took off but is also hugely important to UFC fans and community. Being able to give back to a community that has given me and my fellow fighters so much is such a rewarding experience.”

Following UFC International Fight Week, the initiative will go on the road with UFC fighters Justin Gaethje, Stephen Thompson and Dustin Poirier also joining Modelo, UFC and Rebuilding Together to help with renovations at local gyms in Denver, Charlotte and New Orleans. Gaethje, Thompson and Poirier are giving back to gyms in cities that have left a lasting impact on them as individuals and shaped who they are today as professional athletes.

“Working together to make a positive impact on the gyms that breed the next generation of fighters gives deeper meaning to our longstanding partnership with Modelo,” said said Paul Asencio, UFC Senior Vice President of Global Partnerships. “We’re especially excited to launch year two in Las Vegas – a city that means so much to our fans and fighters. Since the UFC wouldn’t be what it is today without the support of the Las Vegas community, it’s important for us to partner with Modelo to give back in meaningful and long-lasting ways.”

During year one, Modelo, UFC and Rebuilding Together revamped gyms in Cleveland, Austin, Seattle and Saratoga. Building upon the first round of gym revitalizations this year is another proud step for Modelo in its ongoing commitment to support the Fighting Spirit in communities across the nation.

About Modelo®
Born in 1925 in the small town of Tacuba, Mexico, Modelo has been bringing distinctive high-quality beer to people ever since, including Modelo Especial®, Modelo Negra®, and a flavorful lineup of Modelo Cheladas. Modelo Especial is a golden, full-flavored Pilsner-style Lager with a clean, crisp finish. As the #1 imported beer in the U.S., Modelo Especial recently surpassed 150MM cases sold in 2021. The Modelo family of beers are exclusively brewed, imported and marketed for the U.S. by Constellation Brands.

About UFC®
UFC® is the world’s premier mixed martial arts organization (MMA), with more than 688 million fans and 198 million social media followers. The organization produces more than 40 live events annually in some of the most prestigious arenas around the world, while broadcasting to nearly 900 million TV households across more than 170 countries. UFC’s athlete roster features the world’s best MMA athletes representing more than 75 countries. The organization’s digital offerings include UFC FIGHT PASS®, one of the world’s leading streaming services for combat sports. UFC is owned by global entertainment, sports and content company Endeavor, and is headquartered in Las Vegas, Nevada. For more information, visit UFC.com and follow UFC at Facebook.com/UFC, Twitter, Snapchat, Instagram and TikTok: @UFC.

About Rebuilding Together®
Rebuilding Together is the leading national nonprofit organization repairing the homes of people in need and revitalizing our communities. Through its national network of affiliates, Rebuilding Together works proactively and collaboratively with community leaders, long-term residents, funders and volunteers to foster dialogue and create safe, healthy communities across the country. Learn more and get involved at rebuildingtogether.org.

Media Contact:
Stephanie McGuane
Stephanie.mcguane@cbrands.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/973f00a2-5e65-4f03-9ef4-ad97f98e11dc

Posted on

ResMed Promotes Lucile Blaise to President, Sleep & Respiratory Care

Lucile Blaise, President, Sleep & Respiratory Care, ResMed

Lucile Blaise, President, Sleep & Respiratory Care, ResMed

  • Blaise is a medtech industry thought leader with over 25 years’ experience
  • A board member of MedTech Europe since 2020; President of the Snitem, France’s premier medtech association
  • Promotion effective July 1

SAN DIEGO, June 28, 2022 (GLOBE NEWSWIRE) — ResMed (NYSE: RMD, ASX: RMD) today announced the promotion of Lucile Blaise to President of Sleep & Respiratory Care, effective July 1, 2022.

Blaise, currently ResMed’s Vice President of Sleep & Respiratory Care for Western Europe, is a medtech industry thought leader with over 25 years’ experience in medical device sales, marketing, finance, and business development. With ResMed since 2006, she has led her team’s efforts with industry and public partners to establish payer market access and reimbursements for digital health telemonitoring in France and Belgium, is an outspoken advocate for real-world evidence and applying it to value-based healthcare systems. Blaise is also dedicated to maintaining patient data privacy and security, as ResMed and other healthcare leaders liberate data and unlock value for patients, physicians, and providers, to lower costs and improve health outcomes.

Blaise has served for 6 years on the board of Snitem, France’s premier medtech association, and was elected its president in June 2022. She has also served on the board of MedTech Europe since 2020.

“I’m thrilled that Lucile – one of Europe’s leading champions of digital health innovation and adoption, as well as data privacy and security – has accepted this promotion to lead ResMed’s global Sleep & Respiratory Care business,” said ResMed CEO Mick Farrell. “Throughout her 16 years at ResMed and over 25 years in the medtech industry, Lucile has been a key player in improving chronic disease treatment for millions of people with sleep apnea and respiratory insufficiency, as well as supporting physicians, providers, and healthcare systems across Europe, and beyond, through evidence-based decision making. Lucile is committed to collaboration across the company, and the industry, and always places the needs of the patient first. She exemplifies the deep bench of innovative, accomplished leaders across ResMed, bringing in-depth market knowledge, customer insight, and commercial skills to our CEO operations leadership team, as together we continue to transform our business and the market through digital health.”

About ResMed
At ResMed (NYSE: RMD, ASX: RMD) we pioneer innovative solutions that treat and keep people out of the hospital, empowering them to live healthier, higher-quality lives. Our digital health technologies and cloud-connected medical devices transform care for people with sleep apnea, COPD, and other chronic diseases. Our comprehensive out-of-hospital software platforms support the professionals and caregivers who help people stay healthy in the home or care setting of their choice. By enabling better care, we improve quality of life, reduce the impact of chronic disease, and lower costs for consumers and healthcare systems in more than 140 countries. To learn more, visit ResMed.com and follow @ResMed

For media For investors
Jayme Rubenstein Amy Wakeham
+1 858.836.6798 +1 858.836.5000
news@resmed.com investorrelations@resmed.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ae15b872-818e-43c2-b64b-14d2867ada4a

Posted on

Stromasys Receives Amazon Web Services (AWS) Migration and Modernization Competency

Stromasys

Stromasys

CAMBRIDGE, Mass., June 28, 2022 (GLOBE NEWSWIRE) — Stromasys, an industry-leading legacy server emulation company, announced today it had achieved Amazon Web Services (AWS) Migration and Modernization Independent Software Vendor (ISV) Competency status for AWS Partners. This designation recognizes that Stromasys has demonstrated technical proficiency and proven customer success automating and accelerating customer application migration and modernization journeys.

AWS launched the AWS Migration and Modernization ISV Competency to allow customers to quickly and confidently engage highly specialized AWS Partners that help AWS customers modernize their applications. The AWS Migration and Modernization ISV Competency takes on the heavy lifting of identifying and validating industry leaders with proven customer success and technical proficiency in migration and application modernization tooling.

Achieving the AWS Migration and Modernization ISV Competency differentiates Stromasys as an AWS Partner with deep domain expertise in helping organizations around the world modernize their operations and extend the lives of their mission-critical legacy applications. With Charon® legacy server emulation software, available in AWS Marketplace, Stromasys enables customers to remove the constraints associated with legacy application modernization by freeing them from the underlying, past-end-of-life SPARC, VAX, Alpha, PA-RISC, and PDP-11 hardware and accelerate their cloud migration journeys.

“Customers want migration and modernization solutions that remove obstacles and preserve the applications that are critical to their organizations,” said John Prot, CEO of Stromasys. “With Charon in AWS Marketplace, we make it easy for them to virtualize and preserve their applications in the cloud without changes. Receiving the Migration and Modernization Competency is a recognition of the hard work our teams have done helping customers achieve those goals. I am so proud of the team that achieved this and of the company they represent.”

“This project shows the true strength of what companies can accomplish together,” said Tom Spalding, Chief Growth Officer at Effectual, speaking of a recently completed Charon implementation on AWS. “Our customer’s team and partners were able to provide business value that far exceeded what a single company could have achieved on its own.”

“The AWS Migration and Modernization ISV Competency raises the bar again by choosing to solve the hardest challenge faced in application migration and modernization,” said Bill Platt, General Manager, AWS Migration Services. “I am confident that their solution, validated by the AWS Migration and Modernization ISV Competency, will provide an even more complete portfolio of migration and modernization solutions to customers and partners.”

For organizations struggling with compatibility challenges between mission-critical applications and modern cloud computing, Stromasys provides the most efficient solution to modernize and preserve applications. Charon legacy hardware emulation seamlessly virtualizes the respective legacy host system in the cloud with proven performance to quickly eliminate the time and costs associated with managing hardware or rewriting software. Quickly re-host to the cloud without making any changes, eliminate the downtime associated with legacy hardware, and realize the full benefit of cloud computing without compromises. Stromasys makes it possible to lift and shift your mission-critical applications to the cloud and leave your legacy hardware behind.

About Stromasys

Stromasys is the original and leading provider of enterprise-class cross-platform virtualization solutions for PDP-11, Digital VAX and Alpha, PA-RISC, and SPARC servers. The company extends the lifecycle of business and mission-critical applications through virtualization, modernization, and system enhancement.

Founded in 1998 and headquartered in Geneva, Switzerland, and in Raleigh, North Carolina, with sales offices as well as engineering, development, and research labs located around the world, Stromasys has implemented cross-platform virtualization solutions for the world’s leading companies in over 70 countries.

For more information, visit https://www.stromasys.com.

Contact

John Gutknecht

John.Gutknecht@stromasys.com

Related Images

Image 1: Stromasys

Stromasys

This content was issued through the press release distribution service at Newswire.com.

Attachment

Posted on

Hitachi Energy and Petrofac to collaborate in growing offshore wind market

Collaboration combines complementary technologies and expertise of both companies to increase customer value and help accelerate the energy transition

Zurich, Switzerland, June 28, 2022 (GLOBE NEWSWIRE) — Hitachi Energy a market and technology leader in transmission, distribution and grid automation solutions, and Petrofac, a leading international service provider to the energy industry, have entered into a collaboration to provide grid integration and associated infrastructure to support the rapidly growing offshore wind market.

This collaboration builds on the complementary core technologies and expertise of both companies in offshore wind to support the decarbonization of power systems and deliver clean energy. It covers high-voltage direct current (HVDC), as well as high-voltage alternating current (HVAC) solutions.

Hitachi Energy’s HVDC Light® and modular HVAC grid technologies and solutions and Petrofac’s world-class engineering, procurement, construction and installation capabilities for offshore platforms and offshore and onshore civil works, will bring considerable benefits to the efficient implementation of offshore wind projects and help accelerate the energy transition.

“We are delighted to collaborate with Petrofac to help meet the growing need for large-scale offshore wind generation and deliver clean renewable electricity to consumers. As leaders in our respective fields, this collaboration will create added value for our customers and help accelerate the energy transition,” said Niklas Persson, Managing Director of Hitachi Energy’s Grid Integration business. “Our HVDC and HVAC solutions are key enablers of the transition to a global energy system that is more sustainable, flexible and secure.”

“Offshore wind plays a crucial role in the transition to clean, affordable energy and we’ve been successfully delivering major projects in the sector for more than a decade now,” said Elie Lahoud, Chief Operating Officer, Engineering & Construction of Petrofac. “Hitachi Energy is well known for its long track record in providing innovative technologies and solutions across the power grid value chain. We look forward to bringing our industry-leading experience and deep domain knowledge together, to benefit our customers and power millions more homes using renewable energy.”

Recent Hitachi Energy HVDC offshore wind projects include Dogger Bank, the world’s largest offshore wind farm off the UK coast, and four of the DolWin and BorWin HVDC hubs that connect multiple wind farms in the North Sea to the German power grid.

Hitachi Energy is also a global leading supplier of grid connection solutions for the AC offshore wind farms industry.

Editor’s notes

Offshore wind is undergoing unprecedented growth globally. In 2021, a record 15.7 gigawatts (GW) of capacity were added, compared to around 5.2 GW per year in 2020 and 2019, according to World Forum Offshore Wind.1

Hitachi Energy pioneered HVDC almost 70 years ago and has delivered more than half of the world’s HVDC projects and more than 70 percent of the world’s voltage source converter (HVDC Light) installations. HVDC Light is the technology of choice for transferring power over long distances from offshore wind farms to the mainland grid. Its defining features include uniquely compact converter stations (which is extremely important in space-critical applications like offshore wind platforms), exceptionally low electrical losses of less than 1 percent, and black-start capability to restore power after a grid outage.

  1. https://wfo-global.org/wp-content/uploads/2022/02/WFO_Global-Offshore-Wind-Report-2021.pdf

About Hitachi Energy Ltd.

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.

https://www.hitachienergy.com

https://www.linkedin.com/company/hitachienergy

https://twitter.com/HitachiEnergy

About Hitachi, Ltd.

Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company’s consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

Jocelyn Chang
Hitachi Energy Ltd.
jocelyn.chang@hitachienergy.com