Asean – Page 53 – Djibouti News Gazette

May 4, 2023

Hitachi Energy, the partner of choice for largest-ever HVDC wind energy project in U.S.

The SunZia Transmission Project, enabled by HVDC Light®, links New Mexico’s wind farms to Arizona’s grid, increasing renewable energy to the Western States.

Zurich, Switzerland, May 04, 2023 (GLOBE NEWSWIRE) — Zurich, Switzerland, May 4, 2023 – Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, has been selected by Pattern Energy to supply its high-voltage direct current (HVDC) and other advanced technologies for the SunZia Transmission Project. It will connect the 3,500-megawatt (MW) SunZia Wind project in New Mexico to the power grid in Arizona and Southern California, which will be among the world’s largest transmission links delivering renewable energy.

Hitachi Energy’s HVDC Light^® technology will efficiently transfer and integrate huge volumes of wind power over more than 885 kilometers (550 miles) into the regional power grid. This will significantly increase the availability of sustainable energy for homes and businesses throughout the region.

When complete, SunZia Wind will have a total power capacity of 3,500 MW, enough clean, renewable electricity to provide power to approximately three million Americans.¹ The HVDC link will efficiently transmit up to 3,000 MW of this power west to Arizona. The HVDC Light^® system will be the largest voltage source converter (VSC) installation in the United States, one of the largest worldwide, and one of the country’s longest HVDC connections.

“We are proud to be advancing a sustainable energy future for all in the southwestern United States, enabling Pattern Energy to integrate emission-free electricity into the regional grid serving Arizona and Southern California,” said Niklas Persson, Managing Director of Hitachi Energy’s Grid Integration business. “Our market-leading HVDC technologies combined with our execution expertise makes us the partner of choice to help the U.S. achieve its carbon-neutral targets by efficiently and reliably maximizing its renewable energy resources.”

“Our collaboration with Hitachi Energy is an important milestone for the SunZia Transmission Project and will enable us to harness and carry this great energy potential to the areas where there is a high demand for renewable energy,” said Hunter Armistead, CEO of Pattern Energy. “The use of HVDC technology will enhance power grid reliability and resilience and play a vital role in delivering clean energy and deploying a sustainable energy system in the U.S.”

The SunZia Transmission project is a 3,000 MW HVDC link between Corona, New Mexico and Pinal County, Arizona. Hitachi Energy has already started work on designing and engineering the two HVDC Light^® converter stations, one at either end of the link. The transmitting station converts the power from AC to DC for transport in the overhead lines, then back to AC for integration into the receiving grid.

Hitachi Energy has partnered with Quanta Services, Inc. (Quanta) to provide a turnkey project solution for the SunZia project, including managing the HVDC construction and building installation at the associated project sites. Quanta is an industry leader providing specialized infrastructure solutions to the utility, renewable energy, communications, pipeline, and energy industries. The collaboration with Quanta is designed to leverage the core competencies of the two companies to deliver a best-in-class solution for the project. The HVDC converter stations are expected to be in-service by the end of 2025 to support final testing and commissioning of the SunZia Wind facilities in 2026.

To find the optimal solution that considers the impact of the new facility on the existing grid, a system study and a comprehensive interconnection and system impact analysis were conducted by Hitachi Energy´s expert consultants.

Hitachi Energy will also supply ‘alternating current (AC) chopper’ technology to help restore power if the power flow on the DC line or in the AC grid in Arizona is temporarily interrupted by weather and other contingency events.

Hitachi Energy has delivered more than half of the HVDC projects in North America. These include the Pacific Intertie transmission system, which transfers electricity from the Pacific Northwest to Los Angeles, the Quebec-New England link, which was the first large-scale multi-terminal HVDC transmission system in the world, and the Maritime link, which connects the Islands of Newfoundland and Nova Scotia, supporting the integration of renewable energy sources and improving grid stability. The company has also recently announced new HVDC projects including Champlain Hudson Power Express, the Châteauguay converter station modernization with Hydro Quebec, and the InterMountain Power Project.²

Note to editors

Hitachi Energy’s HVDC solution combines world-leading expertise in HVDC converter valves, the MACH digital control platform³ converter power transformers and high-voltage switchgear, as well as in system studies, design and engineering, supply, installation supervision and commissioning.

HVDC Light^® is a voltage source converter technology developed by Hitachi Energy. It is the preferred technology for many grid applications, including interconnecting countries, integrating renewables and “power-from-shore” connections to offshore production facilities. HVDC Light’s defining features include uniquely compact converter stations and exceptionally low electrical losses.

Hitachi Energy pioneered commercial HVDC technology almost 70 years ago and has delivered more than half of the world’s HVDC projects.

1 https://sunzia.net/impact/
2 Hitachi Energy HVDC references North America
3 Modular Advanced Control for HVDC (MACH)

HVDC website:
https://www.hitachienergy.com/offering/product-and-system/hvdc

– END –

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 40,000 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.

Attachments

Jocelyn Chang
Hitachi Energy
jocelyn.chang@hitachienergy.com

GlobeNewswire Distribution ID 8832144

May 4, 2023

FEMA GRAS status for Sweegen’s sweet protein brazzein technology

Rancho Santa Margarita, Calif., May 04, 2023 (GLOBE NEWSWIRE) — Global sweetness and flavor innovator, Sweegen has announced that its highly sought-after sweet protein Ultratia brazzein technology received the Generally Recognized As Safe (GRAS) status from the Flavor and Extract Manufacturers Association (FEMA).

“Our customers and the industry have eagerly anticipated our brazzein FEMA GRAS status, and now we are excited to offer it as the star sweet protein in our Sweetensify Flavors Collection,” said Luca Giannone, SVP of Sales. “We’re pleased to demonstrate our Ultratia brazzein in the newly launched Sweetensify Flavors Collection at the IFT First trade show in Chicago July 17-19, 2023.”

Brands are encouraged to visit Sweegen’s food and beverage application team at IFT First, the Sweegen booth, located at the South Building — S1619 — IFT, for a sensory experience and learn how it can easily fit into their food and beverage products.

Sweegen is the first to attain FEMA GRAS status and to produce brazzein commercially globally. The designation is important because it allows manufacturers to use Sweegen’s Sweetensify Flavors confidently, including the novel sweet protein brazzein in their product formulations.

Brazzein’s unique characteristics make it special, and its commercialization and scaling have been challenging until now. Brazzein is a rare sweet protein that originates from the fruit of the West African climbing plant, oubli. To produce brazzein sustainably, Sweegen uses a proprietary precision fermentation process, which creates clean high-purity ingredients.

“This important milestone in food and beverage creation symbolizes Sweegen delivering on its promise to brands for opening doors to scalable state-of-the-art technology for creating better-for-everyone food and beverages,” said Hadi Omrani, VP of technical and regulatory affairs. “The FEMA GRAS status is a testament to the safety of brazzein as a flavor modifier that our customers can trust to explore new and exciting taste-modulating solutions.”

Sweetensify Flavors for taste modulation improves and modulates a variety of taste attributes, which can help brands push the boundaries of healthier product innovation. Brazzein’s exceptional formulation qualities inspired Sweegen to launch Sweentisify Flavors in April 2023. It is the newest flavor tool starring its novel sweet protein Ultratia brazzein, which also features thaumatin II and other unique proteins.

“Sweegen’s product development teams have discovered remarkable synergies between Sweetensify Flavors and our Signature Stevia systems,” said Casey McCormick, VP of global innovation.

Sweet proteins like brazzein have an affinity for different taste receptors on the tongue, especially the receptor known as T1R3, which is associated with both umami and sweetness perception. Leveraging this unique attribute, Sweetensify Flavors will enable product developers to maintain the quality of characteristic flavors and sweetness while reducing the amount of sugar they use in products.

“Sweegen’s Ultratia brazzein has received great feedback from our customers during the initial formulations phase and tastings,” said Casey McCormick, VP of global innovation. “Now, the timing of the FEMA GRAS status perfectly coincides with the launch of Sweegen’s Sweetensify Flavors, which offers the best sensory experience in better-for-everyone products.”

Sweegen recently attained FEMA GRAS status for thaumatin II, a sweet protein complementary to brazzein. With the addition of brazzein, Sweegen continues to expand its portfolio of safe and effective taste modulating flavors that can help food and beverage manufacturers meet the demand for healthier and delicious products to align with consumers’ holistic approaches to wellness.

About Sweegen

Sweegen provides sweet-taste solutions for food and beverage manufacturers around the world.
We are on a mission to reduce sugar and artificial sweeteners in the global diet. Partnering with customers, we create delicious zero-sugar products that consumers love. With the best modern sweeteners in our portfolio, such as Bestevia® Rebs B, D, E, I, M, and N, and sweet proteins brazzein and thaumatin, along with our deep knowledge of flavor modulators and texturants, Sweegen delivers market-leading solutions that customers want, and consumers prefer. Well. Into the Future.

Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1996. Sweegen’s actual results may differ from the estimates, assumptions, and other illustrative material contained herein, and consequently, a reader should not rely on these forward-looking statements as predictions of future events. These forward-looking statements include, without limitation, illustrative information regarding Sweegen’s bottom-up assumed market potential, assumed hit rate, and the resulting revenue based on these model inputs. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.

Industry, Market, and Other Data
In this press release, we rely on and refer to information and statistics regarding market participants in the sectors in which Sweegen competes and other data. We obtained this information and statistics from our own internal estimates and third-party sources, including reports by market research firms and company filings. We do not expressly refer to these sources. All of this information involves a number of assumptions and limitations, and the sources of such information cannot guarantee the accuracy or completeness of such information. The industry in which Sweegen operates is subject to a high degree of uncertainty and risk due to a variety of important factors, any of which could cause results to differ materially from those expressed in the estimates made by Sweegen or third parties.

Cautionary Statement Concerning Forward-Looking Statements
This press release contains forward-looking statements, including, among other statements, statements regarding the future prospects for Reb M stevia leaf sweetener, brazzein, and thaumatin. These statements are based on current expectations, but are subject to certain risks and uncertainties, many of which are difficult to predict and beyond Sweegen’s control.

Relevant risks and uncertainties could cause actual results to differ materially from those expressed in or implied by the forward-looking statements and therefore should be carefully considered. Sweegen assumes no obligation to update any forward-looking statements as a result of new information or future events or developments.

Attachments

Ana Arakelian, Head of Public Relations and Communications
Sweegen
+1.949.709.0583
ana.arakelian@sweegen.com

GlobeNewswire Distribution ID 8831913

May 3, 2023

Ai-Media Unveils AI-driven LEXI 3.0: The Future of Live Automatic Captioning

LEXI 3.0

Introducing the latest release LEXI, the world’s most advanced automatic captioning solution. With cutting edge features and unmatched accuracy, LEXI revolutionizes automatic captioning to deliver results that rival human captions at a fraction of the cost.

SYDNEY, Australia, May 03, 2023 (GLOBE NEWSWIRE) — Ai-Media, the global leader in professional captioning solutions, is proud to announce the launch of LEXI 3.0, the new and improved version of its flagship live automatic captioning solution. With cutting-edge enhancements and new features, LEXI 3.0 is the world’s most accurate and advanced automatic captioning solution, delivering results that rival human captions at a fraction of the cost.

Independent audits confirm that LEXI 3.0 consistently delivers results with 35% fewer recognition, formatting, and punctuation errors than the previous version.

Critically, LEXI 3.0 introduces new automated features, including speaker identification and AI-powered caption placement to avoid on-screen interference. Average quality results have increased significantly from 98.2% to 98.7% NER with this release.

LEXI 3.0 is an affordable on-demand solution perfect for live captioning a wide range of content types – from linear TV broadcast, OTT, Live Sports, and live streams, to meetings, events, lectures, and more.

Ai-Media’s Co-Founder and CEO, Tony Abrahams, said:

“20 years in the making, we’ve finally cracked the holy grail of making live automatic captioning a reality. LEXI 3.0 is a game-changer. We’re seeing accelerating adoption of automatic captioning driven by a significant increase in quality, reduction in latency, and release of new AI features that previously required manual intervention, such as speaker changes and placement of captions to not obscure important visuals.

“LEXI 3.0 is available immediately for existing Ai-Media customers at no additional cost and is delivered with any iCap Encoder (hardware, Alta, and Falcon) connected to Ai-Media’s iCap Cloud Network.”

To learn more about LEXI 3.0, click here.

About Ai-Media

Founded in Australia in 2003, technology company Ai-Media is a global leader in the provision of high-quality live and recorded captioning, transcription, and translation solutions. The company helps the world’s leading broadcasters, enterprises, and government agencies ensure high accuracy, secure and cost-effective captioning via its AI-powered LEXI automatic captioning solution and end-to-end range of captioning hardware. Globally, Ai-Media technology delivers 7 million minutes of live and recorded media content, online events, and web streams every month. Ai-Media (ASX: AIM) commenced trading on the ASX on 15 September 2020. For more information on Ai-Media please visit Ai-Media.tv.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0907bea0-b62d-4701-9a16-a712c101c4fe

Media Contact:
Fiona Habben
Senior Marketing Manager – Global
+61 411 727 592
fiona.habben@ai-media.tv

GlobeNewswire Distribution ID 8831119

May 2, 2023

Registration for GMAT™ Focus Edition to Open in August 2023

Free prep materials available two months prior to propel candidates to success on their business school journey

RESTON, Va., May 02, 2023 (GLOBE NEWSWIRE) — The Graduate Management Admission Council (GMAC), a global association representing leading business schools, today announced that registration for the GMAT Focus Edition, an updated version of the Graduate Management Admission Test (GMAT) exam, will open on August 29, 2023 for testing in the fourth quarter this year. In addition, official GMAT Focus prep materials will be available on mba.com on June 6, 2023, with a free study planner of only six weeks to help test takers stick to a schedule, inform prep activities, and track progress, as well as a free GMAT Focus Official Starter Kit that comes with a sampler of 70 real GMAT questions and two full-length practice exams to help candidates establish performance baseline.

Earlier this year, GMAC introduced GMAT Focus Edition after extensive research efforts involving hundreds of school professionals and an in-depth concept testing with thousands of students globally. The GMAT, the most widely used business school admissions exam in the past seven decades, was redesigned with improved test taking experience and flexible new features to better support candidates of graduate business education. Schools will benefit from it as an improved element in their holistic admissions process.

“We want to encourage people with a broad set of qualifications, undergraduate backgrounds and lived experiences to understand the richness of their choice and take that leap forward on their business school journey,” said Joy Jones, CEO of GMAC. “It is our belief that GMAT Focus Edition will allow candidates to optimize their preparation for graduate business education while helping schools attract a global pool of qualified and diverse applicants.”

“This is an important evolution of the test,” said Bruce DelMonico, Assistant Dean for Admissions at Yale School of Management and a board member of GMAC. “In terms of the relevance and usefulness of the test, this is definitely a positive step that will be beneficial both to business schools and to candidates.”

More efficient, more flexible, and more insightful, in an all-new testing experience

The GMAT Focus Edition will feature three 45-minute sections: Quantitative Reasoning, which examines problem solving skills; Verbal Reasoning, which evaluates critical reasoning and reading comprehension but no longer incorporates sentence correction; and the newly developed Data Insights section, which measures candidates’ data literacy skills and ability to analyze and interpret data and apply it to real-world business scenarios. With these changes and the removal of the Analytical Writing Assessment (AWA), it is nearly one hour shorter than the current version of the GMAT and therefore requires less content to prepare. Besides new features that allow test takers to bookmark as many questions as they want, review questions within the remaining section time and change up to three answers per section, and to complete the three sections in any order, the enhanced Official Score Report now offers detailed performance insights that helps them assess strengths and identify focus areas at no additional cost.

“I think the redesign of the GMAT exam is testament to GMAC’s commitment to continuous improvement. Changes to the exam address the growing importance of certain competencies and the future of work – for example with the addition of Data Insight,” said Arnold Longboy, Executive Director, Recruitment & Admissions at London Business School.

New score scale and concordance to help assess candidate competitiveness

The GMAT Focus Edition’s Total Score, ranging from 205 to 805, is based on test taker performance on all three sections of the exam, with each section, ranging from 60 to 90, weighted equally. This change has been made to ensure that test takers and schools can easily distinguish from a GMAT Focus Edition score to the currently available GMAT Exam score, which ranges from 200 to 800. To understand a test taker’s relative competitiveness, one can use the concordance tables available on mba.com that link score distributions between the two versions of the exam by percentile. With the GMAT Focus Edition’s new score scale, percentile rankings deserve the primary attention from test takers and schools when looking to understand the results.

“When comparing scores of GMAT Focus Edition to the current version of the GMAT Exam, we encourage test takers and schools to compare percentile rankings rather than comparing total scores,” stressed Manish Dharia, director of product development at GMAC. “Because the Total Score scale and the score scale distribution have both changed, comparing total scores or section scores from the current version of the exam to the GMAT Focus Edition is not appropriate, accurate, or a meaningful comparison of performance. Scores of 600 and 605 may look similar, but they represent very different performance levels on different skills.”

Additional efforts to facilitate smooth transition and swift adoption

As GMAT Focus Edition rolls out for the remainder of 2023, the current version of the GMAT exam will continue to be available to candidates until early next year to facilitate their in-progress preparation and applications for business school. Also, to that end, the GMAT Focus Edition fees will remain the same as the current GMAT exam.

“Keep in mind, all GMAT exam scores – whether they are of the current GMAT or GMAT Focus Edition – continue to be valid for 5 years,” said Ashish Bhardwaj, senior vice president and head of market development at GMAC. “With the advance announcement of the new edition, we encourage candidates to proceed with registering and taking the GMAT exam in ways that best enable their pursuit of graduate management education.”

About GMAC

The Graduate Management Admission Council (GMAC) is a mission-driven association of leading graduate business schools worldwide. GMAC provides world-class research, industry conferences, recruiting tools, and assessments for the graduate management education industry as well as resources, events, and services that help guide candidates through their higher education journey. Owned and administered by GMAC, the Graduate Management Admission Test (GMAT) exam is the most widely used graduate business school assessment.

More than 12 million prospective students a year trust GMAC’s websites, including mba.com, to learn about MBA and business master’s programs, connect with schools around the world, prepare and register for exams and get advice on successfully applying to MBA and business master’s programs. BusinessBecause and GMAC Tours are subsidiaries of GMAC, a global organization with offices in China, India, the United Kingdom, and the United States.

To learn more about our work, please visit www.gmac.com

Media Contact:

Teresa Hsu
Sr. Manager, Media Relations
Mobile: 202-390-4180
thsu@gmac.com

GlobeNewswire Distribution ID 8829077

May 2, 2023

Amii welcomes over 2000 of the world’s brightest minds in AI to annual Upper Bound event

Four days of events include keynotes, panels, demos and socials from world-leading AI researchers and innovative business leaders

EDMONTON, Alberta, May 02, 2023 (GLOBE NEWSWIRE) — Amii (Alberta Machine Intelligence Institute) welcomes the world AI community to Edmonton, Alberta, Canada for Upper Bound, May 23-26. All are invited to attend the multi-day event, with diverse programming catered for AI researchers, industry leaders, pop culture enthusiasts and anyone who has ever been curious about artificial intelligence.

In-person and virtual tickets start at $0. Registration and schedules are available at upperbound.ai

A celebration of AI excellence in Alberta and beyond, Upper Bound will take over Edmonton with a full event schedule and more than 100 events taking place in the downtown core. Upper Bound is pleased to welcome our 2023 keynote speakers including:

Richard S. Sutton, trailblazing AI researcher and Amii Chief Scientific Advisor, considered by many as the pioneer of reinforcement learning | Ticket Access: Community Pass, Upper Bound Pass, Talent Bursary All Access and Online Pass
Cam Linke, CEO, Amii | Ticket Access: Upper Bound Pass, Talent Bursary All Access and Online Pass
Peter Stone, Executive Director of Sony AI America | Ticket Access: Academic Symposium and Upper Bound Pass (limited)
Marlos Machado, Amii Fellow & Canada CIFAR AI Chair | Ticket Access: Academic Symposium

“AI is the most important tool of our time, and it continues to dominate global conversation,” says Cam Linke, CEO of Amii. “Upper Bound puts a spotlight on Alberta’s AI leadership and legacy and is a celebration of AI that welcomes everybody to learn, network, discuss and join in on the conversation. This is an invitation for the world’s AI community to experience the best of what Amii and Canada has to offer in scientific excellence, start-up creation and industry application — so they can leave inspired by the connections they’ve made, the information learned, and their ambitious ideas realized.”

Upper Bound is an AI event for everyone and includes sessions, demos, networking events and socials open for a range of ages and familiarity with AI. Scheduled events include:

An Academic Symposium, showcasing leading research and organized by Amii Fellows from the University of Alberta, one of the world’s top academic institutions for AI research.
Panels on AI in industry, including discussions on innovative applications of AI in industry; the demand for AI talent; advancing cellular agriculture; ventures and start-ups; and more.
AI & Culture, high-energy and fun events for all AI enthusiasts.
Social and networking opportunities with daily coffee catch up, beers with peers and the hottest ticket in town, the official Upper Bound Party.

Last year more than 2,000 attendees from 38 countries attended the inaugural event. Amii awarded Talent Bursaries to over 500 recipients from around the world to cover travel and accommodation costs with over 69% of recipients self-identified as members of underrepresented groups in STEM.

This year, Amii has awarded over $500,000 in Talent Bursaries to support 700 recipients from 22 countries to Upper Bound in person. An additional 612 global Talent Bursary applicants received Online Pass access for live-streamed content and full immersion in the Upper Bound app.

Upper Bound is proudly presented by Amii. One of Canada’s three centres of AI excellence as part of the Pan-Canadian AI strategy, Amii is an Alberta-based, non-profit institute that supports world-leading research in artificial intelligence and machine learning and translates scientific advancement into industry adoption. Learn more at amii.ca.

Media Contact

Lynda Vang, Communications Specialist

E: lynda.vang@amii.ca

GlobeNewswire Distribution ID 8829558