J A N U A RY
2020
NEWS
JinkoSolar Supplies 13.6 MW for 19 Photon Energy PV Power Plants
Canadian Solar Secures 30 MWp in Japan’s 4th Solar Auction
Greenbacker Acquires 31.33 MWs of C&I Solar Assets
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EDITOR‘S NOTE
A
s we come ever so closer to the year 2020, there have been nigh countless changes and noteworthy highs and lows for the industries that run the world. Truly, there is nothing permanent in the world but change, especially with the surge of ground-breaking technology and automations, palm-sized smart gadgets that give you a ton of features and capabilities, and app and software with internet access. Once a thing only conceptualized in works of science-fiction, technology in any form is what more than half of the world’s populace are dependent on. This is most expressly true for the renewables industry. Today, renewable energy is garnering more popularity not just as an alternative source of energy in lieu of fossil fuels, but also as the choice that is more preferred due to it being cost-effective and environmentally friendly. The world-changing trends that have been projected to be true come 2020 are as follows: The first category talks about enabling trends i.e. how the utilization of renewable energy is made affordable and the energy distribution more accessible to residential and commercial energy consumers. The second category revolves around demand trends i.e. the consumption patterns and the motivations of users of this energy. Lastly, we have technology application trends—how the spread of renewable energy technology is plotting electricity usage and is in turn affecting how the generation and distribution of renewable energy might evolve to.
Enabling Trends 1. Achieving Price & Performance Parity Truly, renewable energy generation technologies continue to transcend the expectations of their inventors. In response to this, specialists foresee 4
2020 Renewable Energy Forecast grid parity will be achieved by countries such as China, Australia, and the USA 6 years from now. 2. Advancements in Energy Storage With the improved utilization and adoption of commercial batteries, energy will be able to be meritoriously employed with lesser incidents of intermittent outages— ensuring smooth electric supply to homes and commercial businesses, especially those far away from the electric grid. 3. Decentralization of Energy Distribution The usage of blockchain in various energy markets will help allow more financing prospects for renewable energy projects. By expanding the pool of investors to tinier units, project developers would be able to crowd source a fraction of a project’s financing, allowing them to fasten the rest of the funds from venture capital investors or financial institutions. 4. The Accelerated Rise of Wind Power While a number of renewable energy sources are becoming more well-organized towards reaching grid parity, wind power is perhaps the fastest growing and most successful green energy source. 5. The Rise of Smart Renewable Cities Since the goal of any city is economic growth, advocating sustainability, and maintaining a high quality of life, these cities require
stable and abundant energy that is very accessible and reliable. 6. Big Businesses Committing to Renewable Energy Tech and communications giants such as Facebook are also vowing to reach 100% renewable energy. 7. Increasing Adoption of Electric Vehicles While the adoption of electric vehicles are more prevalent in various households, cities all over the world are slowly transitioning towards electric public transportation, as well. 8. Artificial Intelligence & Electricity With AI’s machine learning competencies, renewable energy sources like wind farms can enhance their operations, resulting in much more efficient handling of financial resources and electricity generation. Having said that, the renewable energy industry’s future appears bright for both the current and the next generations of the world. These will undoubtedly inspire everyone partaking in such initiatives and endeavors.
Regional Office: LG Electronics Gulf FZE, P.O Box 61445, Dubai. Tel: +971 4 279 9222, UAE, Mr. Amjad Abu Alika, Tel: +971 50 450 9808, email: amjad.abualika@lge.com; Fortune International Trading LLC, Mr. Wail Halbouni, Tel: +971 50 481 3570, email: fortintl@emirates.net.ae; Ghantoot Trading, Mr. Nour Haboush, Tel: +971 50 109 4109, email: nour.h@ghantootgroup.ae; District Cooling Company, Mr. Ahmed Henedi, Tel: +971 50 658 4832, email: ahmed@districtcoolingcompany.com; Al Yousuf Electronics, Mr. Moitra, Tel: +971 50 457 6170, email: pmoitra@alyousuf.com; Bahrain, AJM Kooheji and Sons, Mr. Jayachandran, Tel: +973 36888801, email: v.jayachandran@ajmkooheji.com: Al Babtain Air Conditioning & Refrigeration Co., Mr. Naji Kataya, Tel: +965 5 051 5771, email: nkataya@albabtaingroup.com,kw; BLK, Mr. Imad Rhayel, Tel: +965 5 157 1229, email: irhayel@blk.com.kw; Oman, Oman Gulf Enterprise, Mr. Narender Kumar, Tel: +968 9 747 4505, email: narenderk@otegroup.com; Aspire Projects and Service, Mr. Vivek Wagh, Tel: +968 99357694, email: vivekwagh@aspireoman.com; Azerbaijan, NBC LLC., Mr. Elkhan Sadikhov, Tel: +994 50 216 3363, email: elkhan.sadikhov@nbc.com; Al-Con Maxiwell Group, Mr. Vagif Alexperov, Tel: + 994 50 216 2092, email: maxiwellbaku@inbox.ru; Armenia/Georgia, ARAY Gulf, Mr. Vilson Melikjanyan, Tel: +374 9 307 7755, email: vilson@aray.am; Yemen, Modern House Exhibition, Mr. Khaled Jabr, Tel: +967 71 172 0202, email: mail@mhe-yemen.com; Pakistan, Iceberg Industries (Lucky Goldstar), Mr. Imran Jamil Khan, Tel: +923 21 277 6100, email: ceo@icebergindustries.net
CON TENTS
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Every Chef and Restaurant Owners in PH should have this Induction Cooker
24TH World Energy Congress Concludes with Celecbration of Inovation & Entrepreneurship
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2020 Renewable Energy Forecast
Ten Innovativev Solutions of Social Incubator Program in Abu Dhabi Rewarded AED 4.4 Million Investment to Support People of Determination
34 JinkoSolar Supplies 13.6 MW for 19 Photon Energy PV Power Plants
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Hyundai Motorsport Set to Go Electric
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Greenbacker Acquires 31.33 MWs of C&I Solar Assets
70 Is Your Cyber Prevention Plan Up To Date?
42 Canadian Solar Secures 30 MWp in Japan’s 4th Solar Auction 6
74 Food for Thought: These Foods Will Keep You More Focused and Alert at Work
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F E AT U R E S T O RY
Every Chef and Restaurant Owners in PH should have this Induction Cooker
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ood is an integral part of Philippine culture but not everyone can cook. It is, however, something we all should learn. We may never be the next Gordon Ramsay or Jaime Oliver, but we should strive to do more than pop a few leftovers in the microwave, cook rice, or fry a couple of eggs. While it is understandable that cooking is neither a walk in the park nor an inviting skill to learn, since it is very technical and mathematical at its core, an induction cooker makes this important life skill safer, easier, and more fun. Usage of induction cookers is slowly on the rise, trailing and catching up to the two most common, widely used tools for cooking: gas cookers and electric cookers. These two have cemented themselves in our food-loving Filipino culture and have distinct advantages over the other. While gas cookers boast even heating across a person’s
cookware, electric cookers are easier to clean. The reason why induction cookers have come neck and neck to these two giants is because of the lack of overall difficulty in using it. An induction cooker takes the beautiful things about its gas and electric counterparts—even heating and ease of cleaning— and peppers it with even more advantages. While induction cookers are the up and coming front-runners in the field of cooking, the TOSOT Induction Cooker stands above the rest in terms of number of advancements. It has a simple, slim, elegant design and a long list of features that keep its expert and novice users and their families in mind, making it revolutionary for meal-making and a surefire way to kick off the road to cooking proficiency. You may not cook as well as Gordon Ramsay or Jamie Oliver even with the TOSOT Induction
Cooker, but you definitely will feel like an expert with these five amazing features:
1. It has a beautiful digital display and touch control panel From smartphones to tablets, touchscreen has been the current technological trend so far. Now you can cook with pride, knowing full well that even your induction cooker has a sleek display, user interface, and is smooth to the touch, giving you access to a wide variety of options.
2. It’s resistant to boiling and overheating Using magnetic currents to directly heat pots and pans instead of igniting a fire on the cooktop or turning on the electric stove, the TOSOT Induction Cooker is an overall more efficient tool to use in the kitchen. You can even crank it up and place your skin against it and nothing will happen. But while your skin won’t burn, the pots and pans will be extremely hot. Other induction cookers aren’t so lucky with extremely hot pots and pans. It is unfortunate to see the induction cooker break by the very thing it superheated. Luckily, the TOSOT Induction Cooker is much more resistant, allowing you to cook to your heart’s content.
3. It keeps kids from hurting themselves If you want to teach your kids how to cook, then sadly, the TOSOT Induction Cooker is not the right tool for the job. With its safety features and child lock design, this state of the art induction cooker cannot be tinkered by children. It may not be fun for the kids, but it is definitely fun for you while you cook with confidence knowing that your kids can’t break it or, unlike with other types of cookers, burn the house down.
4. It has presets, so you can live your chef dreams Soup, double stewed soup, porridge, chaffy dish, barbecue, and stir-fry. These six cooking presets allow you to be the experimental chef you have always wanted to be. You can make an entire Christmas feast using only the innovative TOSOT Induction Cooker.
5. You get freebies! Who doesn’t like freebies? When you purchase a TOSOT Induction Cooker, you also get a free stainless steel cooking pot and non-stick frying pan for all your cooking needs. The cooking pot and frying pan is resistant to heat, giving you that added layer of safety and certainty when cooking. This is especially helpful for new restaurant owners. While there are many more useful features, the TOSOT Induction Cooker is perfect for novice and expert chefs, restaurant owners, and home cooks. This induction cooker is a must have, and kitting your kitchen with this beauty is will just kick your culinary adventure into high gear.
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As we close in on the year 2020, many individuals in the renewables industry are conducting research and nigh endlessly studying about how they can improve their efficiency, work ethic, output, and overall morale. That having been said, here are their findings and gradually growing trends that are prospected to be realized next year. Today, renewable energy is garnering more popularity not just as an alternative source of energy in lieu of fossil fuels, but also as the choice that is more preferred due to it being cost-effective and environmentally friendly. Having said this, here are top 8 renewable energy technologies and 15
COVER STORY
trends leading our outlook on this industry. These trends are divided into three categories: The first category talks about enabling trends i.e. how the utilization of renewable energy is made affordable and the energy distribution more accessible to residential and commercial energy consumers. The second category revolves around demand trends i.e. the consumption patterns and the motivations of users of this energy. Lastly, we have technology application trends—how the spread of renewable energy technology is plotting electricity usage and is in turn affecting how the generation and distribution of renewable energy might evolve to.
Enabling Trends 1. Achieving Price & Performance Parity In the United States of America, major renewable sources such as wind energy are now able to generate power at a cost and performance level that is equal to or even less than electricity generated by fossil fuels. Truly, renewable energy generation technologies continue to transcend the expectations of their inventors. In response to this, specialists foresee grid parity will be achieved by countries such as China, Australia, and the USA 6 years from now.
2. Advancements in Energy Storage Energy storage has long since been seen as a factor that determined if alternative energy production could be a viable power source for both commercial and residential facilities. Progression into battery technology has also been paying surpluses to corporations that have incorporated their deployment in large scale operations. With the improved utilization and adoption of commercial batteries, energy will be able to be meritoriously employed with lesser incidents of intermittent outages—ensuring smooth electric supply to homes and commercial businesses, especially those far away from the electric grid. 18
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3. Decentralization of Energy Distribution
Demand Trends
Blockchain, a decentralization technology that archives and conducts transactions via an encrypted peer-to-peer network is currently being adapted for use in the energy markets.
5. The Rise of Smart Renewable Cities
This decentralization aims to empower consumers to buy and sell electricity with other consumers, potentially eliminating away the middlemen such as suppliers. In addition, the usage of blockchain in various energy markets will help allow more financing prospects for renewable energy projects. By expanding the pool of investors to tinier units, project developers would be able to crowd source a fraction of a project’s financing, allowing them to fasten the rest of the funds from venture capital investors or financial institutions.
4. The Accelerated Rise of Wind Power While a number of renewable energy sources are becoming more well-organized towards reaching grid parity, wind power is perhaps the fastest growing and most successful green energy source.
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It’s no secret that smarter technologies are on the rise as well. With this, renewable energy is becoming cheaper, more accessible, storage is becoming more feasible, and green energy is becoming a part of the normalcy of urban life. Since the goal of any city is economic growth, advocating sustainability, and maintaining a high quality of life, these cities require stable and abundant energy that is very accessible and reliable.
6. Big Businesses Committing to Renewable Energy One of the major renewable energy trends that have stayed and will continue to stay strong this year and the next is the pledge of big companies to adopt and utilize renewable energy sources to power their business operations. Tech and communications giants such as Facebook are also vowing to reach 100% renewable energy.
Technology Application
electricity generation.
7. Increasing Adoption of Electric Vehicles
As artificial intelligence becomes more cohesive with the procedures and output of generating electricity, this will benefit more renewable energy sources such as hydropower and geothermal power reach price parity much, much quicker.
Electric vehicles (EVs) are becoming increasingly more mainstream with an 81% increase in electric vehicle sales in the United States alone, heralding a possible hockey-stick growth for their future demand. These electric vehicles are more costefficient, consume no fossil fuels, and run on green, renewable energy. While the adoption of electric vehicles are more prevalent in various households, cities all over the world are slowly transitioning towards electric public transportation, as well.
8. Artificial Intelligence & Electricity Using artificial intelligence (AI) is a sure-fire way to have assistance in any job you do. With them, electricity markets can become more effectual and deliver energy independence, most especially when integrated into the energy grid. With AI’s machine learning competencies, renewable energy sources like wind farms can enhance their operations, resulting in much more efficient handling of financial resources and
With these trends, it’s no surprise that the companies, organizations, cities, and governments all around the globe are becoming more streamlined with one energy goal in mind— the utilization of renewable energy in all its major forms. That having been said, scientists in the industry are also continuously researching new sources of renewable energy to further fuel the world and its endeavors. While demand and technological innovation are vital engines of renewable energy trends, electricity retailers on the supply side also have a part to play to positively influence the transition towards green energy technologies. -end-
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NEWS
JinkoSolar Supplies 13.6 MW for 19 Photon Energy PV Power Plants JinkoSolar Holding Co., Ltd. (the “Company,” or “JinkoSolar”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, announced today that it has supplied 13.6 MW of PV solar modules to Photon Energy Solutions HU Kft (“Photon Energy”) for installation in three projects composed of 19 PV power plants in Tiszakécske, Almásfüzitő, and Nagyecsed, Hungary. The plants have been connected to the E.ON Tiszántúli Áramhálózati Zrt (Tiszakécske) and E.ON Észak-dunántúli Áramhálózati Zrt grids and are expected to generate in aggregate approximately 16 GWh of electricity per year. Mr. Frank Niendorf, General Manager JinkoSolar Europe, commented, “Photon Energy is an important European Investor and EPC client and we are very happy to expand our partnership with them in Hungary. Central Eastern Europe, and the Hungarian market in particular, is showing great growth potential. All three projects demonstrate JinkoSolar’s strong reputation in the Central Eastern European market and how increased collaboration between JinkoSolar and Photon Energy can create new opportunities for both parties.” “JinkoSolar has a strong track record of success and is committed to strengthening the partnership between our companies. JinkoSolar was our preferred module partner for the 19 PV power plants spread across our portfolio in Hungary and we look forward to working closely with them on other upcoming project deliveries in 2019,” said Marek Farsky, Managing Director of Photon Energy Technology CEE.
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About JinkoSolar Holding Co., Ltd. JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes it solar products and sells its solutions and services to a diversified international utility, commercial, and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 10.5 GW for silicon wafers, 7.4 GW for solar cells, and 12.6 GW for solar modules, as of June 30, 2019. JinkoSolar has over 15,000 employees across its 7 production facilities globally, 15 overseas subsidiaries in Japan, Korea, Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia, and United Emirates, and global sales teams in China, United Kingdom, France, Netherlands, Spain, Bulgaria, Greece, Romania, Ukraine, Jordan, Saudi Arabia, Tunisia, Egypt, Morocco, Nigeria, Kenya, South Africa, Costa Rica, Colombia, Panama, and Argentina.
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Greenbacker Acquires 31.33 MWs of C&I Solar Assets
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reenbacker Renewable Energy Company LLC (“the Company”) announced today that, through wholly-owned subsidiaries, it has acquired the rights to 31.33 megawatts (MW) of solar projects and partnered on an additional 3.5 MWs of solar in three separate transactions. The transactions follow Greenbacker’s acquisition in September of two wind energy facilities in Iowa, and build on the Company’s growing momentum as it establishes itself as a key investor and project 38
sponsor in the U.S. renewable energy space. Through its portfolio of attractive green power projects with long-term contracts in-place with utilities, municipalities and other corporate entities, Greenbacker seeks to provide steady current income and moderate capital appreciation for investors, typically those in the Registered Investment Advisor (“RIA”) and family office segments. In the first transaction, Greenbacker has acquired the rights to a 25.6 MW solar Commercial & Industrial portfo-
lio from IGS Solar. The portfolio spans several states, including California, Colorado, Massachusetts, New Jersey, and Washington D.C., with contracts in place to supply power to seven separate offtakers. The projects are expected to be placed in service between Q4 of 2019 and Q3 of 2020. This transaction marks Greenbacker’s first acquisition with IGS Solar. Greenbacker has also acquired the Brattleboro landfill project, which consists of an operating 5.74 MW ground mount solar project in Brattleboro, Vermont
and is contracted with investment grade municipalities and schools under group net metering agreements for 20 years (the “Brattleboro Landfill Project”). The Brattleboro Landfill Project reached commercial operation in July 2018 and sits on Windham Solid Waste Management District’s closed landfill. The Company acquired the Brattleboro Landfill Project from Sky Solar. Finally, the Company has also partnered with Scenic Hill Solar on a 3.5 MW portfolio of to-be-constructed projects in Arkansas (the “Scenic Hill Portfolio”). The Scenic Hill Portfolio is expected to reach commercial operation in 2019 and is contracted with investment grade public entities and utilities for 28 years. This transaction marks the Company’s first portfolio in Arkansas and the beginning of a growing relationship with Scenic Hill Solar to partner on their pipeline
of solar projects in the coming years. The acquisitions and partnership come on the back of Greenbacker’s deal to acquire 110MW of operating wind projects from a leading institutional investor. “Greenbacker is delighted to increase its footprint across the US and to continue to bring creative renewable energy solutions to its growing number of investors,” said Charles Wheeler, CEO of the Company. “As their children and grandchildren become more focused on environmental issues, investors are increasingly looking for high-impact investments that make a difference by reducing carbon emissions at the same time that they deliver stable current income and moderate capital appreciation – and the ongoing growth of our portfolio makes us wellpositioned to address this demand. We very much enjoyed working with IGS Solar, Scenic Hill Solar, and Sky Solar on these
acquisitions and partnerships and look forward to adding such an exceptional set of projects to Greenbacker’s portfolio.” With the addition of the Projects, Greenbacker will own approximately 552.0 MW of generating capacity (including assets that are to be constructed), comprising 172.3 MW of wind facilities, 367.7 MW of utility-scale and distributed solar facilities, and 12 MW of biomass facilities.
About Greenbacker Renewable Energy Company Greenbacker Renewable Energy Company LLC is a publicly registered, non-traded limited liability company that expects to acquire a diversified portfolio of income-producing renewable energy power plants, energy efficiency projects and other sustainable investments.
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ENERGY FROM WASTE
NEWS
Canadian Solar Secures 30 MWp in Japan’s 4th Solar Auction
C
anadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that it has been awarded a 30 MWp project in Japan’s 4th solar energy auction. The project is located in Maniwa City within Okayama prefecture and will be powered by high-efficiency Canadian Solar modules. Once constructed, the project will enter into a 20-year power purchase agreement with Chugoku Power Electric Com42
pany at a rate of ¥13.47 ($0.12) per kWh. The Company expects the project to reach commercial operation by 2024. In addition to the 30 MWp won in Maniwa City, the Company recently acquired five utility-scale solar power projects totaling 20.5 MWp that have secured feed-in-tariff contracts and are expected to reach commercial operation in the 2020-21 time frame. “Since we launched our Energy Business in Japan in 2011, Canadian Solar has completed
the construction and grid connection of 39 solar power plants totaling 241.9 MWp, making us one of the largest utility-scale solar developers in the Japanese market. We are delighted to announce that our team in Japan continues to build on our track record of success, sourcing high-quality development opportunities through acquisitions as well as government tenders, which give us further certainty on the outlook for our Japanese energy business,� commented Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar Inc.
About Canadian Solar Inc. Canadian Solar was founded in 2001 in Canada and is one of the world’s largest and foremost solar power companies. It is a leading manufacturer of solar photovoltaic modules and provider of solar energy solutions and has a geographically diversified pipeline of utility-scale power projects in various stages of development. Over the past 18 years, Canadian Solar has successfully delivered over 36 GW of premium quality modules to customers in over 150 countries around the world. Canadian Solar is one of the most bankable companies in the solar industry, having been publicly listed on NASDAQ since 2006.
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MIDDLE EAST NEWS
24TH World Energy Congress Concludes with Celecbration of Inovation & Entrepreneurship Dmitry Kozak, Deputy Prime Minister of the Russian Federation,and Alexander Novak, Minister of Energy, Russian Federation, announce Russia’s hosting of 25th World Energy Congress in 2022 The need for courageous entrepreneurship to tackle tomorrow’s key energy issues, using 5G to stimulate a drive towards sustainability and how collaborations can lead to faster, better and cheaper energy were among the issues addressed during the fourth and final day of the 24th World Energy Congress. Maintaining the momentum of the previous three days of high-level discussions, the closing sessions at the World Energy Congress welcomed some of the UAE’s highest profile business leaders as well as distinguished industry figures, exciting young thinkers and government ministers under the theme of ‘Innovation: The pathway to prosperity”. Thursday saw extensive debates covering issues critical to the future of energy production, supply and distribution and how bold entrepreneurship can shape the culture of innovation needed in rapidly changing world.
UTILIZING ADVANCES IN COMMUNICATION TO DRIVE SUSTAINABILITY The day’s keynote speech saw Khalifa Hassan Alforah Alshamsi, Etisalat’s Group Chief Corporate Strategy & Governance Officer, explain how the newest generation of mobile technology can be harnessed to promote sustainability in the energy sector. His address, titled ‘Leveraging 5G to drive sustainability and enable innovation in the energy sector’ outlined how improved 46
communication between individuals, companies and entities, including greater access to information and better utilisation of the internet, can boost the ongoing drive towards sustainability. Mr Alshamsi said: “5G is a new piece of technology that can revolutionise new industry. It is not only about speed but yes it will be phenomenal for VR and AR experiences. “5G is a fundamental tool that will benefit cities, countries, factories and refineries because 5G is the cornerstone for industry and key for the future of digital. “To make the most of what 5G can offer, it is all about collaboration and innovation. This will not happen by just sitting down in the office. We have to connect our minds together and have to experiment. We can do anything if we have the will,” said Mr Alshamsi.
EMPOWERING TODAY’S ENTREPRENEURS TO SOLVE TOMORROW’S PROBLEMS As well as bringing together key figures from the energy sector, World Energy Congress also supports and inspires the leaders, innovators and thinkers of tomorrow. The session ‘Start-up Energy Transition: The power of the bold’ saw a panel of experts, among them the winners of this year’s Start up Energy Transition Award, debate, discuss and predict the most pressing energy challenges the world will face in years to come. Marwan Bin Haidar, Executive Vice President of Innovation & The Future, Dubai Electricity and Water Authority (DEWA), joined the delegates to consider the new business models, technologies
and ideas that will be at the forefront of the industry’s ongoing transition.
to discover the next global game-changing idea or invention for the energy sector.
Mr Bin Haidar explained that all companies must “innovate or stagnate” and that incorporating brave and bold new ideas developed by start-ups is key to a successful future for established firms.
An interactive, energetic and highly engaging event, the SET finalists were challenged to outline the benefits of their idea, its practical uses and why investors should get behind them as part of a professional pitch.
“The company receives new, bold ideas and solutions while the start-ups can benefit from years of experience and understanding of the industry,” said Mr Bin Haidar. “In this way, everyone benefits.” Andreas Kulmann, Chief Executive of the German energy company Deutsche EnergieAgentur, echoed Mr Bin Haidar’s comments adding that for start-ups “being bold is one thing, but being smart is another”. “Discovering what is important for all partners and what is important for the market can be difficult, but if start-ups are smart, bold and very well prepared to grow and develop collaboration, they and their partners will flourish,” he said.
FINDING SOLUTIONS THROUGH CREATIVITY, PASSION AND VISION At the session ‘Pitch perfect: Best of the Start-up Energy Transition (SET)’ Michele Fiorentino, Chief Investment Officer, ADNOC, joined a panel of judges to consider the ideas set out by SET finalists
Start Up Energy Transition (SET) is a global innovation platform supporting disruption in energy transition. Selected from a total of 450 applications from 80 countries, 10 startup finalists pitched their innovative ideas to stakeholders, investors and members of the business community. Included in the final 10 were Germany-based zero emissions company ONO, and home renewables business DC Power Company Limited from Australia. “Improving urban mobility while facilitating faster delivery of goods is ONO’s aim,” said Veronica Louis, ONO’s Chief Communications Officer. “Our Pedal Assisted Transporter (PAT) improves access in crowded cities and boroughs while also reducing emissions, pollution and congestion.” Emma Jenkins, Co-Founder and CFO at DC Power Company Limited, explained how the company places households with solar panels at the centre of 47
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today’s power transition. “Individual households will be able to trade energy with the market resulting in an increased transition to renewables,” she added.
CELEBRATING 4 DAYS OF INNOVATION AND COLLABORATION The closing plenary of the 24th World Energy Congress celebrated the event’s achievements and successes as well as reflecting on the innovative ideas and bold solutions that were formulated over four impactful days. Dr. Christoph Frei, Secretary General & Chief Executive Officer, World Energy Council, moderated the final plenary of the week that celebrated the achievements of the first World Energy Congress to be held in the Middle East. 52
Speaking in front of an assembled audience, His Excellency Suhail Mohamed Al Mazrouei, UAE Minister of Energy and Industry, said the previous days were an important step towards helping to reshape the future of the energy industry. He said: “It has been an excellent World Energy Congress and the overall result of the discussions between ministers of the governments have led to an excellent outcome. We have agreed that all of us are committed to reduce the emissions that we produce and make sure that we can all work together to help serve the whole industry well. “It is also important to understand that any type of energy is going to help us going forward. We have to make an impact so that in the future, we have cleaner air and water that will benefit the world.” Joining H.E Al Mazrouei on stage was Alexander Novak, Minister of Energy, Russian Federation. As hosts of the next World Energy Congress in 2022, Mr Novak said Russia will embrace the opportunity to build on Abu Dhabi’s success in
hosting the energy industry’s flagship event in three years time. Mr Novak said: “I would like to invite all those present here to attend the Russian Energy Week as the perfect opportunity to follow up on the achievements of the World Energy Congress in Abu Dhabi.
Undersecretary of the UAE Ministry of Energy and Industry and Chair of the 24th World Energy Congress, addressed the audience for the final time and outlined the importance of staging the 24th World Energy Congress in the region and the impact it will have on the Middle East and UAE for years to come.
“Major trends in the industry including the need to modernise production, capacity and grid management, the need for huge capital investment in the sector, for AI, for improved efficiency, the renewables and hydrocarbon mix and much more have all been discussed at great length by leading experts right here in Abu Dhabi at the 24th World Energy Congress.”
He said: “In the past few days we have had the opportunity to examine a wide range of issues impacting our industry. We have delivered a diverse mix of energy leaders and practitioners from around the world.
DR MATAR HAILS STAGING OF 24TH WORLD ENERGY CONGRESS His Excellency Dr Matar Al Neyadi,
“Representing all forms of energy, they have been united in their mission. This Congress agreed that our collective thinking, collaborative strategies and concerted efforts will lead us to our goals. “It has been a pleasure to work with the World Energy Congress and it will be our pleasure to work 53
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with our Russian colleagues to build on this success and make sure that the 25th edition will be another exceptional event.”
WORLD ENERGY COUNCIL’S CHAIR ADDRESSES AUDIENCE FOR LAST TIME The 24th World Energy Congress brought to an end to Younghoon David Kim’s role as the Chair of the World Energy Council. Mr Kim addressed the audience of business leaders and industry figures from around the world for the final time before thanking them for their support. He ended his speech by handing over his role to Jean-Marie Dauger, who will officially take over as the chair of the World Energy Council.
RUSSIA DEPUTY PRIME MINISTER INVITES EXPERTS TO 25TH WORLD ENERGY CONGRESS IN 2022 Dmitry Kozak, Deputy Prime Minister of the Russian Federation, flew into Abu Dhabi and personally invited the thousands of global experts to the next staging of the World Energy Congress in 2022. The audience witnessed a presentation that highlights the vision of Russia and the energy sectors and what to expect three years from now in St Petersburg. Mr Kozak said Abu Dhabi has set the benchmark for success, but Russia will strive to exceed expectations at the 25th World Energy Congress while building on the solid foundations that have been laid by the UAE capital over the last four days.
FAREWELL SPEECH FROM UAE’S MINISTER OF ENERGY AND INDUSTRY H.E Al Mazrouei, Minister of Energy and Industry of the UAE, took the opportunity to express his gratitude for the thousands of attendees that travelled to Abu Dhabi as well as the support of all the sponsors that helped stage one of the most important Congress’ that the UAE has held. He said: “We are very proud of what we have done in Abu Dhabi and we are going to work with Russia as one team through the World Energy Council to deliver a better and more inclusive World Energy Congress in 2022. “We have seen great interaction between young and inspired entrepreneurs of all industrial companies this week. We have learnt a lot this week and we are promising that we will improve our policies and continue to upgrade to ensure the future is bright for all generations, not just here in the UAE but all around the world.”
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Electrical insulation for wind turbines
MIDDLE EAST NEWS
Ten Innovativev Solutions of Social Incubator Program in Abu Dhabi Rewarded AED 4.4 Million Investment to Support People of Determination Ma’an announced today the ten winning teams in the first cycle of the Ma’an Social Incubator program. Ma’an is part of the ‘Ghadan 21’ accelerated development programme designed to spur diversity and growth in Abu Dhabi’s economy to make it one of the best places in the world to do business, invest, live, work and visit. The winning projects include a mobile app that helps convert text to sign language and another that helps people with visual impairments to navigate their surroundings through sensors and visual recognition. Among the winners of this year’s edition, six teams were local, while four teams were international. The event this morning announcing the ten winning projects was attended by His Excellency Sheikh Abdulla Bin Mohamed Al Hamed, Chairman of Department of Health; His Excellency Dr. Mugheer Khamis Al Khaili, Chairman of the Department of Community Development; His Excellency Abdullah Abdulali 60
Al Humaidan, Secretary General of Zayed Higher Organization for People of Determination; His Excellency Hamad Al Dhaheri, Director General of the Social Support Authority; and Her Excellency Salama Al Amimi, Director General, Authority of Social Contribution - Ma’an. The Ma’an Social Incubator program is the first of its kind in the region, with each of the ten teams eligible to receive funding up to AED 200,000 released at every successful milestone the participant reaches, as well as support for living and housing expenses for non-residents of Abu Dhabi. The program aims to support and develop innovative social concepts and start-up projects so they may become social institutions or civil facilities with an active role in helping people of determination in facing challenges in their communities, offering them solutions that improve their quality of life and achieve their ambitions. The Ma’an Social Incubator program also provides the necessary and specialized support needed
for these projects to be sustainable, offering the guidance and tools needed for growth, including financial and moral support, as well as office space, business expertise and access to possible investors. Since launching the program in May earlier this year, 130 ventures applied for the Ma’an Social Incubator program from as far afield as Brazil, Denmark, France, Nigeria and India. Later in August, a shortlist of 25 nominated teams were invited to pitch their solutions before a panel who came together to decide on the final ten winning teams. The teams will have the opportunity to test their social start-up ideas and gain an in-depth understanding of the market, in addition to attending a series of plenary workshops and receiving mentor advice that will help them develop their idea into a product or service, beginning in September and continuing for 16 weeks. Ma’an was established in February 2019 by the Department of Community Development in Abu Dhabi with the aim of bringing together the government, the private sector and civil society to support a culture of social contribution and participation. The authority will deliver solutions for social challenges with four main pillars of work – a Social Investment Fund, a Social Incubator Program, Community Engagement Programs and the introduction of a new type of public contracting, Social Impact Bonds. Ma’an seeks to reinforce the culture of giving in Abu Dhabi, and establish the volunteering needs of the community, aiming to make us of the currently available social volunteering opportunities and initiatives, as well as contribute by generating new opportunities. Her Excellency Ms. Salama Al Ameemi, Director General of Ma’an said: “We are absolutely delighted with the incredibly innovative ten solutions that have been awarded a place in the Ma’an Social Incubator program, and are now fully focused on helping the entrepreneurs to make their dream become a reality. “These social start-ups will contribute towards establishing sustainable social solutions for people of determination and raising their standard of living in Abu Dhabi and the UAE in general,
with an ambition for global impact in the future. This is a hugely important phase in our first incubator program, and we are very much looking forward to working with the committed and passionate people leading each of the start-ups, making their concepts and projects a reality.” The program offers unique and valuable networking opportunities for the teams to build relationships with individuals outside of the program, including investors, third sector leaders, industry figures, and decision makers in specialized fields regionally and internationally. Ma’an will also host ‘demo days’ to present the concepts of the ten winning team organised for review and evaluation, as well as to leverage funding from investors.
The 10 successful start-ups are: 1. Accessible Ad: Platform for information, expertise, training and support to ensure effective accessibility for People of Determination in Abu Dhabi 2. The Butterfly Foundation: Advocacy agency to bring support and empowerment in the hands of People of Determination in Abu Dhabi 3. The Camp: Inclusion-safe, seasonal, mobile sleepover camps for Children of Determination in the UAE 4. I Hear You: Mobile app that enables communication from text to sign language and vice versa 5. Inclusive: Online platform serving as an umbrella for all things inclusion-related in the UAE 6. Key2Enable: Assistive technology empowering People of Determination to use tablets, computers and smartphones with adapted hardware and accessories 7. Martha Edu: Educational smart cards and mobile app to educate hearing impaired children and parents on signing language 8. Ioptyc by Nexart: Solution for people with visual impairment to navigate their surroundings through the use of distance judging sensors & visual recognition technology 9. RAB3I: Social venture offering People of Determination an opportunity to attend recreational activities with a (trained) ’buddy’ who shares similar interests 10. Heroes of Hope: Social enterprise delivering equal opportunities for People of Determination, including recreational activities, work opportunities, and sporting events
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Hyundai Motorsport Set to Go Electric Hyundai Motorsport has begun work on an electric race car, heralding a new era of motorsport for the company
Hyundai Motorsport has begun work on its first ever electric race car in an exciting new project that will herald a new motorsport era for the company. The car, which has been designed and built at Hyundai Motorsport’s headquarters in Alzenau, Germany, will break cover for the first time on September 10, the media day of the International Motor Show (IAA) in Frankfurt.
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The move to electric continues the growth of Hyundai Motorsport, which has become well established in rallying and circuit racing since its inception in 2012. The multiple rally-winning WRC team, now in its sixth season, is currently leading a closely fought Manufacturers’ Championship. The company also boasts a successful Customer Racing division, established in September 2015, which has developed the competitive i20 R5, i30 N
TCR and Veloster N TCR cars that have between them claimed victories and championships in motorsport series around the world. The first glimpses of the new car can be seen in videos published on Hyundai Motorsport’s Social Media channels, offering a hint of what is to come at the official reveal next month. Mirroring the move towards hybrid technology and electrification in the automotive industry, motorsport has also ventured into new territory in recent years with the introduction of electric and hybrid series and regulations. This exciting new chapter promises to showcase Hyundai’s high-performance
capabilities, its green technology credentials and its unwavering passion for motorsport. “A new era is dawning at Hyundai Motorsport. For many months, our team in Alzenau has been working hard on an exciting electric vehicle and soon we will be able to share the fruits of these labours,” Andrea Adamo, Team Director said. “It promises to be a new chapter for our company, a natural extension to our motorsport activities, one that links closely to the current trends and innovations in the wider automotive industry.
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SITE SPECIFIC PROTECTING
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12V Waterproof Actuator One of the distinctive advantages of the waterproof linear actuators is undoubtedly their simple design
increases the resistance of the product to disadvantageous factors. Waterproof electric linear actuators of Progressive Automations manufacturer can be used for the various types of sea works. This can be a shipbuilding industry where this technology may come in handy for the construction of automated boat hatches that of military submarines where they can be responsible for the pressure control which is essential for the submarines’ operability. There are three basic types of water protection: • IP54 – provides protection against water splashes penetration from all sides; • IP65 – prevents the penetration of water flows inside the case at any possible angle; • IP67 – with such protection the device is capable to function when fully submerged under the water.
E
lectric linear actuators are the mechanisms, the core task of which is the transfer of force from the control device to the executive one. Linear actuators vary in the way they transfer their energy. At the same time, the object controlled can be driven by a rotational or linear motion action. One of the distinctive advantages of the waterproof linear actuators is undoubtedly their simple design. Due to this, actuators have an impressively long-lasting life service, in addition, they do not require regular maintenance and are unpretentious to the conditions. Simple execution allows using devices even in unfavorable climatic conditions. Depending on the manufacturer, models may have additional protection that
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For example, PA-06 linear actuator model of Progressive Automations has the IP67 water protection meaning that this device is really capable to function even when fully submerged into the water and even when being at a significant depth. The minimum technical specifications of such waterproof electric linear actuator are the following: stroke – 2 inches, force – 22 Ibs, speed – 1.38 inches/sec, whereas the maximum technical specifications are like this: stroke – 24 inches, force – 180 Ibs, speed – 0.47 inches/sec. Customers can choose technical specifications so that they could adjust their waterproof linear actuators according to the needs of performance wanted. The PA-06 electric linear actuator of Progressive Automations is capable of working under the harshest conditions and withstand water, and other potentially unwanted liquids, however for short periods of time. This high-rated quality makes this kind of electric linear actuators to be the most popular choice for marine engineering. Such actuators
are capable to work within -20 to +60 °C temperature window. The warranty covering this electric actuator lasts for 18 months since the purchase. This linear actuator is mounted with the help of BRK-06 mounting brackets that make the installation process extremely easy. Furthermore, this kind of electric actuators is compatible with a whole range of control systems and control boxes transforming the operation process into a pleasure. Control boxes allow installing electric linear actuators of high water protection merely everywhere if dimensions are suitable for their installation. Actuators of Progressive Automations all-thetime provide the most effective performance while at the same time they are always reliable. These actuators can easily undergo
the most terrific weather conditions and prove themselves to be the best solution where other alike technologies feel themselves uncomfortable and present poor performance. During long-lasting periods of work under heavy workloads such actuators of Progressive Automations show the highest resistance towards harsh environment conditions. Such type of electric linear actuators can be easily adjusted for various types of work more or less associated with serious humidity and marine implementation. Preferring the waterproof actuators of Progressive Automations customers make their investment into the qualitative and long-lasting technology that will fully justify their expectations.
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Is Your Cyber Prevention Plan Up To Date?
C
yber defences need continuous development. Even the latest cyber protection strategies will have limited lifespans, and cyberprotection obsolescence is a common issue when it comes to protecting a business. The latest updates to your malware and password protection systems will not remain effective if they are not regularly checked to make sure that they remain up to date, and able to tackle the latest cybercrime trends. With new threats emerging regularly, keeping one step ahead of cybercriminals means ensuring that your cyber defenses are as up to date as possible, and that means being aware of the latest
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threats and how to protect your business from them.
Team Awareness The weakest point of any defence strategy is always going to be people. That’s why you need to ensure that you develop a strong culture of security within your business. Enforcing a solid and robust security process is vital if you want to keep your customers, staff, and business safe. Make sure that your team is aware of: • Your defense architecture • Security protocols • Basic security standards Keep these measures updated, and you will be better able to
protect yourself from threat. Updated Software and Hardware Hackers are always looking for an exploitable weakness that they can make use of. That’s why you need to keep your software and hardware updated as much as possible. Those updates are generally designed to deal with specific new threats, so failing to update means that you are exposed to unnecessary risk. Endpoint management is being used by more companies than ever, as it allows for faster recognition of threats from a zero-day standpoint. Cost-effective and automated endpoint management using recognized tools like McAfee can go a long way to keeping your business safer.
Protecting Code
Network Monitoring
Open source code is fast becoming a necessity. This is because demands on developers are too fast for software development to keep up with. Unfortunately, open-source code comes with a variety of challenges in terms of both security and compliance. If your business makes use of open source code, then you need to make certain that you have the available resources and manpower needed to review that code for bugs, licensing issues, and security risks. Failing to do so means exposing yourself to the potential harm caused by allowing malicious actors into your software.
All of the data that your company processes needs to be stringently monitored at all times. It is only through regular monitoring that you will be able to identify the procedures and patterns of safe behavior. This monitoring can be automated with a Security Information and Event management system, but the human element of this monitoring should not be overlooked. Privilege management in terms of access to data is a key element of network monitoring, so segmentation of those privileges is not just an option to consider but a vital necessity in the digital age.
There are just as many ways to protect a business as there are to cause it harm. This means ensuring that your security processes are as tight as possible and get ongoing evaluations. When hackers take advantage of both technological and human weaknesses to gain access to the inner workings of a business, the consequences can be devastating.
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Polykristallines PV-Modul NeMo® P Qualität und Langlebigkeit Wir bieten auf alle Module eine Produktgewährleistung von 11 Jahren. Mehr Ertrag für Ihr Geld Unsere Solarmodule sind plussortiert und weisen bis zu 4,99 Wp mehr Leistung auf. Made in Germany Alle Module von Heckert Solar sind zu 100 % in Deutschland gefertigt.
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F E AT U R E S T O RY
Food for Thought: These Foods Will Keep You More Focused and Alert at Work The average workday doesn’t just start at 8 and end at 5. It starts long before that with waking up, getting ready, getting out the door, commuting and then it ends in reverse. Staying sharp and focused can be a real struggle for many people, especially engineers. In this article, we’ll show you how to keep your edge all day long no matter what profession you’re in.
Start the Day off Right This does not mean the sugar-laden coffee drinks or the donut cart at the office. It means high protein and nutrient-loaded. Even if you have to grab-and-go something, make it something real and not processed. Eggs, even hard-boiled, are a fast, portable way to get charged without an eventual crash. Pre-packaged portions of cheese are great, too! Keep them in the fridge and grab a few before you head out. Keep some bottled water in there to avoid that detour to the coffee joint. Your brain will thank you later! 76
Mid-Morning Munchies They’re a real thing, aren’t they? Control the urge to reach for yet another cup of coffee and the box of Danish in the breakroom. Keep some nuts or trail mix or some power bars and re-fuel! This is a good time to indulge in some healthy fats like avocados or cheese as well!
Lunch is Not Dinner Whether or not your job requires you to be a desk jockey or a real jockey, lunch isn’t an all-you-can-eat at the trough event. Work potlucks and birthday celebrations can be fun, but they are often heavy on conveniences like chips and dip and greasy, carbohydrate-laden casseroles. Not to mention every kind of cookie and that overly frosted birthday cake. Just remind yourself that getting seconds (or thirds) will leave you hibernating under your desk before you know it! Bring your own food, opting for proteins like chicken, tuna, or even last night’s leftover grilled salmon. Cooking at home using appliances like an electric grill helps to curb the bad fats in your meal and they also taste pretty great too! If you can, sneak away and take a walk outside. Regardless of the weather, a brisk walk to get some fresh air in your lungs can power you through the day!
The Dreaded Slump Here you are at 3 PM with two hours to go and everything on your desk reads like a foreign language. Resist the temptation to spike your
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blood sugar with candy bars and soda and take this opportunity to breathe deeply, stretch, take a quick stroll if you can. If that doesn’t perk you up, grab the kinds of snacks that will keep you alert without the inevitable crash of processed foods and beverages. Cubes of cheese and salami, celery or apples with peanut butter, raw carrots or other veggies, or a handful of berries will keep the Munchie Monster away until your great escape at workday’s end. 80
However, if you must treat yourself, a small microwave bag of popcorn will do in a pinch. So will a few squares of dark chocolate (70 to 85% cocoa). In fact, studies prove that not only does high-quality dark chocolate do wonders for your brain, but dark chocolate has been proven to improve memory and cognitive skills. It’s a win-win, not only for your focus but your attitude – which your coworkers will appreciate!
To Sum Up Regardless of your career ‘lifestyle’, it’s important to be mindful of what you are eating and drinking throughout the workday. Whether you sit at a desk or behind the wheel, work can be stressful. Coworkers can be stressful. But fueling your body with the right foods can keep you performing like the Rockstar your boss thinks you are!
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Peter Braatz / photon-pictures.com
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• • • • • • • •
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•
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* This datasheet is for informational purposes only. No rights can be derived from the information contained herein. For detailed warranty information, please consult TSMC Solar’s module warranty, which is available upon request.