Tag: PR Newswire

ST. AUGUSTINE, Fla., Dec. 17, 2025 /PRNewswire/ — 2G Energy Inc., a leading manufacturer of high-efficiency combined heat and power (CHP) systems, will introduce its newest product, the DR aura 412, at POWERGEN 2026, taking place January 20–22 at the Henry B. González Convention Center in San Antonio, Texas. The system will be showcased with 2G’s authorized distributor, CK Power, at Booth #1647.

2G’s new DR aura 412 product has been designed for rapid dispatch, load shifting, peak shaving, backup power, and islanded operations for seamless integration into demand response, virtual power plant, and energy-as-a-service applications. Engineered for quick starts and swift load swings, the DR aura 412 not only supports demand response participation but also ensures operational continuity during grid disturbances or outages and strengthens overall energy resilience.

The same characteristics that make the DR aura 412 well-suited to demand response applications also make it well-suited to prime power applications, where 24/7 operations are required. It meets EPA and utility compliance requirements while providing high electrical efficiency, increased maintenance intervals, reliable performance, and long-term value in increasingly constrained power markets. Pair this with the 2G’s wealth of worldwide power project experience and top-tier service, and you have a game-changing product for both the Demand Response and Prime Power markets.

POWERGEN is one of the power generation industry’s premier events, bringing together utilities, developers, engineers, and technology leaders shaping the future of electricity generation. Showcasing the DR aura 412 at POWERGEN highlights its relevance in an energy landscape defined by grid congestion, electrification, and growing demand for decentralized solutions.

“We are excited to be introducing the DR aura 412 at POWERGEN,” said John Gorrell, Demand Response Business Director of 2G Energy Inc. “It represents the next evolution in distributed power, built from the ground up to deliver more power, less downtime, and smarter operation, all backed by the proven engineering and manufacturing excellence that has made 2G successful in building trust with its customers.”

Attendees and media are invited to visit Booth #1647 to learn more about the DR aura 412 and speak with 2G Energy and CK Power representatives.

Event Details
POWERGEN 2026
January 20–22, 2026
Henry B. González Convention Center
San Antonio, TX
Booth #1647

About 2G Energy Inc.

2G Energy is a leading international manufacturer of combined heat and power (CHP) systems for decentralized electricity and heat generation. 2G’s product range supports CHP projects with electrical outputs ranging from 50 kW to 20 MW, operating with natural gas, biogas, and hydrogen. 2G features its own combustion engine line, characterized by low fuel consumption, high availability, and optimized maintenance intervals, and is the world’s first commercial system fully capable of running on 100% H2. 2G has successfully deployed more than 9,500 CHP systems worldwide, including over 350 installations across North America through 2G Energy North America, backed by comprehensive service and long-term support.

For more information, visit www.2g-energy.com or contact our media contacts.

Media contacts:

Kimberley Padro-Geores, North American Marketing Manager
2G Energy Inc., 2G Energy Corp.
k.padro@2-g.com

John Gorrell, Demand Response Business Director
2G Energy Inc.
j.gorrell@2-g.com

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SOURCE 2G Energy

Researchers develop a novel bilayer tin oxide electron transport layer for improving efficiency of back contact solar cells

JEONBUK-DO, South Korea, Dec. 17, 2025 /PRNewswire/ — As the demand for renewable energy grows, scientists are developing new types of solar cells that are both highly efficient and scalable. The back-contact perovskite solar cell (BC-PSC) is one such innovative architecture, emerging as a promising alternative to traditional front-contact designs. In conventional perovskite solar cells, the electrode contacts and charge transport materials are placed on the front of the device – the surface that faces the sun. Because incoming light must first pass through these layers before reaching the active perovskite material, a portion of the light is inevitably lost.

In contrast, BC-PSCs position the perovskite absorber layer at the top of the stack, allowing direct sunlight exposure, while electron and hole-collection contacts are positioned at the back. When light falls on the perovskite layer, it generates holes and electrons, which subsequently migrate to their respective transport layers to produce photocurrent. This design minimizes optical losses, enhances charge collection, and improves power conversion efficiency. However, this design introduces new challenges. Since charge carriers must travel longer distances, they are more likely to encounter interfacial defects, leading to recombination losses. This leads to reduced efficiency and stability, limiting practical application.

In a breakthrough, a research team led by Associate Professor Min Kim from the Department of Chemical Engineering, University of Seoul, Republic of Korea and Mr. Dohun Baek, a PhD student from the School of Chemical Engineering, Jeonbuk National University, Republic of Korea, has developed a novel bilayer tin oxide (SnO₂) electron transport layer (ETL), via a simple spin-coating method, that significantly improves the efficiency and stability of BC-PSCs. The study was made available online on July 04, 2025, and published in Volume 654 of the Journal of Power Sources on October 30, 2025.

“We selected SnO₂ for the ETL due to its favorable conduction band alignment with perovskite and superior electron mobility compared to conventional titanium oxide. As a result, our bilayer ETL enhances interfacial contact, reduces recombination losses, and optimizes energy alignment for electron charge carriers,” explains Dr. Kim.  

To evaluate the role of ETL engineering, the researchers fabricated three BC-PSC devices with different SnO₂-based ETLs: a colloidal SnO₂ made of nanoparticles, a sol-gel SnO₂, and a bilayer SnO₂ consisting of a nanoparticle SnO₂ layer combined with a sol-gel layer. Each ETL was spin-coated onto indium tin oxide substrates and patterned via photolithography.

The researchers conducted a series of experiments to compare the performance of the devices. The results showed that the device with bilayer SnO₂ yielded the highest average photocurrent of 33.67 picoamperes (pA), outperforming the sol-gel SnO₂ device at 26.69 pA and the colloidal SnO₂ device at 14.65 pA. Furthermore, the bilayer SnO₂ device also achieved a maximum power conversion efficiency of 4.52%, highest among the three, and improved operational stability, owing to its enhanced suppression of charge recombination.

“BC-PSC devices hold great promise for a variety of applications, including flexible devices and large-area solar modules, due to their high efficiency, enhanced stability, and scalable design. We believe our findings will help accelerate the development of practical BC-PSC technologies for real-world applications while advancing sustainable energy solutions,” concludes Mr. Baek.

Reference

About Jeonbuk National University

Website: https://www.jbnu.ac.kr/en/index.do

Media Contact:
Yoonbeom Kim
82 63 270 4638
406514@email4pr.com

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SOURCE Jeonbuk National University

KITCHENER, ON, Dec. 17, 2025 /PRNewswire/ — Canadian Solar Inc. (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ) today announced that e-STORAGE, part of the Company’s majority-owned subsidiary CSI Solar Co., Ltd. (“CSI Solar”), will deliver 408 MWh AC Battery Energy Storage System (BESS) to Vena Energy for its Tailem Bend 3 project in South Australia.

Working alongside Vena Energy and Balance of Plant partner Consolidated Power Projects Australia Pty Ltd (CPP), e-STORAGE will deliver the 204 MW / 408 MWh AC Tailem Bend 3 BESS as a turnkey EPC solution using nearly 100 SolBank 3.0 battery containers. The project, located in Tailem Bend, South Australia, is under construction and is targeted to begin operation in 2027. Under an initial 5-year Long Term Service Agreement (LTSA), e-STORAGE will also be responsible for battery energy storage system maintenance.

The Tailem Bend 3 project will strengthen grid stability in South Australia and further support renewable energy integration, building on Vena Energy’s previous developments in the region.

Owen Sela, Head of Australia at Vena Energy, said, “The Tailem Bend 3 BESS will be Vena Energy’s third energy storage project in Australia, underscoring our continued expansion of grid-supporting storage across the region. The project represents a significant milestone in Vena Energy’s growth strategy and a major expansion of our energy storage capabilities. This 408 MWh system adds substantial storage capacity that will support South Australia’s world-leading renewable energy adoption, while aligning with our commitment to developing utility-scale renewable energy and storage assets that contribute to Australia’s clean energy transition.”

Colin Parkin, President of e-STORAGE, added, “The Tailem Bend 3 project marks the fourth battery energy storage system e-STORAGE is delivering in Australia. With this addition, our Australian footprint now totals approximately 2 GWh, including projects delivered and currently under construction. We are pleased to support South Australia’s energy transition by delivering a reliable, utility-scale storage system that enables greater renewable integration and long-term grid resilience.”

About Canadian Solar Inc.

Canadian Solar is one of the world’s largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 24 years, Canadian Solar has successfully delivered nearly 170 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar has shipped over 16 GWh of battery energy storage solutions to global markets as of September 30, 2025, boasting a $3.1 billion contracted backlog as of October 31, 2025. Since entering the project development business in 2010, Canadian Solar has developed, built, and connected approximately 12 GWp of solar power projects and 6 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 25 GWp of solar and 81 GWh of battery energy storage capacity in various stages of development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

About e-STORAGE

e-STORAGE is a subsidiary of Canadian Solar and a leading company specializing in designing, manufacturing, and integrating battery energy storage systems for utility-scale applications. e-STORAGE offers proprietary battery energy storage solutions, comprehensive EPC services, and innovative solutions aimed at improving grid operations. Currently, e-STORAGE operates fully automated, state-of-the-art manufacturing facilities with an annual battery energy storage system capacity of 15 GWh and battery cell capacity of 3 GWh, on a single-shift and double-shift annualized basis, respectively. For more info, please refer to the Media&PR section of www.csestorage.com and follow our LinkedIn page.

About Vena Energy

Part of Vena Group, Vena Energy is a leading green energy solutions provider in the Asia Pacific region and is accelerating the transition to sustainable and affordable renewable energy that delivers lasting economic, social, and environmental benefits to our host communities and stakeholders.  

We provide green energy and digital solutions to our customers, which are powered by a renewable energy portfolio of Onshore Wind, Solar, and Offshore Wind projects totaling 38GW^[1] and a green infrastructure pipeline including 25GWh of BESS^[2], 2.2GWIT of Data Centers, and 848 KTPA of Green Hydrogen and Ammonia. 

With an extensive local presence of over 1,000 employees across 80 corporate and site offices globally, Vena is committed to advancing the adoption of low-carbon energy, contributing to global climate goals, and shaping a greener future. For more information, please visit www.venaenergy.com.  

[1] as of 31 December 2024. [2] Includes 0.2GWh BESS OCC portfolio 

Safe Harbor/Forward-Looking Statements 

Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the “Safe Harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as “believes,” “expects,” “anticipates,” “intends,” “estimates,” the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business, regulatory and economic conditions and the state of the solar power and battery energy storage market and industry; geopolitical tensions and conflicts, including impasses, sanctions and export controls; volatility, uncertainty, delays and disruptions related to global pandemics; supply chain disruptions; governmental support for the deployment of solar power and battery energy storage; future available supplies of silicon, solar wafers and lithium cells; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as China, the U.S., Europe, Brazil and Japan; changes in effective tax rates; changes in customer order patterns; changes in product mix; changes in corporate responsibility, especially environmental, social and governance (“ESG”) requirements; capacity utilization; level of competition; pricing pressure and declines in or failure to timely adjust average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; the pipeline of projects and timelines related to them; the ability of the parties to optimize value of that pipeline; continued success in technological innovations and delivery of products with the features that customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange and inflation rate fluctuations; litigation and other risks as described in the Company’s filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 30, 2025. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

CANADIAN SOLAR INC. INVESTOR RELATIONS CONTACT
Wina Huang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com

e-STORAGE MEDIA CONTACT
marketing@csisolar.com 

View original content:https://www.prnewswire.com/news-releases/e-storage-to-deliver-408-mwh-battery-energy-storage-system-for-vena-energy-in-south-australia-302644200.html

SOURCE Canadian Solar Inc.

KITCHENER, ON, Dec. 17, 2025 /PRNewswire/ — Canadian Solar Inc. (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ) today announced that e-STORAGE, part of the Company’s majority-owned subsidiary CSI Solar Co., Ltd. (“CSI Solar”), will deliver 408 MWh AC Battery Energy Storage System (BESS) to Vena Energy for its Tailem Bend 3 project in South Australia.

Working alongside Vena Energy and Balance of Plant partner Consolidated Power Projects Australia Pty Ltd (CPP), e-STORAGE will deliver the 204 MW / 408 MWh AC Tailem Bend 3 BESS as a turnkey EPC solution using nearly 100 SolBank 3.0 battery containers. The project, located in Tailem Bend, South Australia, is under construction and is targeted to begin operation in 2027. Under an initial 5-year Long Term Service Agreement (LTSA), e-STORAGE will also be responsible for battery energy storage system maintenance.

The Tailem Bend 3 project will strengthen grid stability in South Australia and further support renewable energy integration, building on Vena Energy’s previous developments in the region.

Owen Sela, Head of Australia at Vena Energy, said, “The Tailem Bend 3 BESS will be Vena Energy’s third energy storage project in Australia, underscoring our continued expansion of grid-supporting storage across the region. The project represents a significant milestone in Vena Energy’s growth strategy and a major expansion of our energy storage capabilities. This 408 MWh system adds substantial storage capacity that will support South Australia’s world-leading renewable energy adoption, while aligning with our commitment to developing utility-scale renewable energy and storage assets that contribute to Australia’s clean energy transition.”

Colin Parkin, President of e-STORAGE, added, “The Tailem Bend 3 project marks the fourth battery energy storage system e-STORAGE is delivering in Australia. With this addition, our Australian footprint now totals approximately 2 GWh, including projects delivered and currently under construction. We are pleased to support South Australia’s energy transition by delivering a reliable, utility-scale storage system that enables greater renewable integration and long-term grid resilience.”

About Canadian Solar Inc.

Canadian Solar is one of the world’s largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 24 years, Canadian Solar has successfully delivered nearly 170 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar has shipped over 16 GWh of battery energy storage solutions to global markets as of September 30, 2025, boasting a $3.1 billion contracted backlog as of October 31, 2025. Since entering the project development business in 2010, Canadian Solar has developed, built, and connected approximately 12 GWp of solar power projects and 6 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 25 GWp of solar and 81 GWh of battery energy storage capacity in various stages of development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

About e-STORAGE

e-STORAGE is a subsidiary of Canadian Solar and a leading company specializing in designing, manufacturing, and integrating battery energy storage systems for utility-scale applications. e-STORAGE offers proprietary battery energy storage solutions, comprehensive EPC services, and innovative solutions aimed at improving grid operations. Currently, e-STORAGE operates fully automated, state-of-the-art manufacturing facilities with an annual battery energy storage system capacity of 15 GWh and battery cell capacity of 3 GWh, on a single-shift and double-shift annualized basis, respectively. For more info, please refer to the Media&PR section of www.csestorage.com and follow our LinkedIn page.

About Vena Energy

Part of Vena Group, Vena Energy is a leading green energy solutions provider in the Asia Pacific region and is accelerating the transition to sustainable and affordable renewable energy that delivers lasting economic, social, and environmental benefits to our host communities and stakeholders.  

We provide green energy and digital solutions to our customers, which are powered by a renewable energy portfolio of Onshore Wind, Solar, and Offshore Wind projects totaling 38GW^[1] and a green infrastructure pipeline including 25GWh of BESS^[2], 2.2GWIT of Data Centers, and 848 KTPA of Green Hydrogen and Ammonia. 

With an extensive local presence of over 1,000 employees across 80 corporate and site offices globally, Vena is committed to advancing the adoption of low-carbon energy, contributing to global climate goals, and shaping a greener future. For more information, please visit www.venaenergy.com.  

[1] as of 31 December 2024. [2] Includes 0.2GWh BESS OCC portfolio 

Safe Harbor/Forward-Looking Statements 

Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the “Safe Harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as “believes,” “expects,” “anticipates,” “intends,” “estimates,” the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business, regulatory and economic conditions and the state of the solar power and battery energy storage market and industry; geopolitical tensions and conflicts, including impasses, sanctions and export controls; volatility, uncertainty, delays and disruptions related to global pandemics; supply chain disruptions; governmental support for the deployment of solar power and battery energy storage; future available supplies of silicon, solar wafers and lithium cells; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as China, the U.S., Europe, Brazil and Japan; changes in effective tax rates; changes in customer order patterns; changes in product mix; changes in corporate responsibility, especially environmental, social and governance (“ESG”) requirements; capacity utilization; level of competition; pricing pressure and declines in or failure to timely adjust average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; the pipeline of projects and timelines related to them; the ability of the parties to optimize value of that pipeline; continued success in technological innovations and delivery of products with the features that customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange and inflation rate fluctuations; litigation and other risks as described in the Company’s filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 30, 2025. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

CANADIAN SOLAR INC. INVESTOR RELATIONS CONTACT
Wina Huang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com

e-STORAGE MEDIA CONTACT
marketing@csisolar.com 

View original content:https://www.prnewswire.com/news-releases/e-storage-to-deliver-408-mwh-battery-energy-storage-system-for-vena-energy-in-south-australia-302644200.html

SOURCE Canadian Solar Inc.

Hands-on lessons from the proprietary Primrose Balanced Learning^® curriculum nurture generosity and strengthen communities across the country

ATLANTA, Dec. 17, 2025 /PRNewswire/ — Primrose Schools^®, the leading provider of high-quality early childhood education and care, together with the children and families at its more than 550 independently owned schools across the nation, donated over 352,000 nonperishable food items through this year’s Caring and Giving Food Drive. Rooted in the Primrose Balanced Learning^® curriculum, this annual initiative empowers children to make a meaningful difference in their communities through hands-on experiences that provide immediate support to local families and food banks.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/primrose_school/9320853-en-primrose-schools-annual-caring-and-giving-food-drive

This year’s effort comes at a critical time: nearly 14% of U.S. households struggled to afford enough food in 2025 — up from 12.5% in 2024 — reflecting a growing need for community support as food banks experience heightened demand heading into the holiday season.

Each November, children at Primrose schools engage in age-appropriate lessons that bring giving without expectation to life — earning money through chores, planning and budgeting for what to purchase, and contributing food items from home. These shared experiences nurture empathy, build confidence and strengthen their understanding of community care. These activities reflect what parents say matters most: 75% want their young children to learn the importance of community service, and they prioritize early education programs that embed character development into daily learning.

“The Caring and Giving Food Drive is a powerful example of how our Balanced Learning^® curriculum goes beyond academics to nurture character and compassion,” said Dr. Amy Jackson, chief early learning strategy officer at Primrose Schools. “Through meaningful acts of service, children experience the joy of giving and see the difference they can make in their communities, especially at a time when so many families are facing heightened need.”

Families can also reinforce these lessons at home through The Primrose Friends YouTube series, which brings character development to life in fun, age-appropriate content. In the episode “Benjamin the Bear on Generosity – One to Grow On!” children learn that giving without expecting anything in return can make everyone’s hearts feel happy — a message that mirrors the spirit of the Caring and Giving Food Drive.

Since 2023, Primrose schools have donated more than 1.1 million food items nationwide to local nonprofits, shelters and community partners, underscoring the meaningful impact of learning through action.

Media Note:
Local Primrose schools are available for interviews and photo opportunities featuring their Caring and Giving Food Drive initiatives. To connect with a school in your area, contact us at emaner@jacksonspalding.com.

About Primrose Schools^®
Primrose Schools is the leader in providing premier early education and care to children and families in the United States. Founded in 1982, there are more than 550 Primrose schools in 36 states and Washington, D.C. today. Each school is independently owned and operated by Franchise Owners who partner with parents to help children build the right foundation for future learning and life. Primrose believes who children become is as important as what they know. The exclusive Primrose Balanced Learning^® approach is created from the best early education wisdom and balances purposeful play with nurturing guidance from teachers to encourage curiosity, creativity, confidence and compassion. For more information, visit www.PrimroseSchools.com, connect with us on Facebook and X, explore our blog, sign up for our emails and find a Primrose school near you.

 

 

 

 

 

 

 

View original content:https://www.prnewswire.com/news-releases/primrose-schools-children-nationwide-make-local-impact-through-annual-caring-and-giving-food-drive-donating-over-352-000-items-302644137.html

SOURCE Primrose Schools

https://www.youtube.com/embed/-UYdIdOVZAQ?autoplay=0

HANOI, Vietnam, Dec. 17, 2025 /PRNewswire/ — The Banking Academy of Vietnam (BAV) and Vantage Foundation officially formalised a strategic partnership through the signing of a Memorandum of Understanding (MoU) at a signing ceremony held at the Banking Academy’s headquarters in Hanoi on 16 December. The agreement establishes a collaboration framework to support future educational initiatives, with programme execution planned for 2026.

The ceremony was attended by senior leaders and representatives from both institutions. Representing the Banking Academy of Vietnam were Assoc. Prof. Dr. Pham Thi Hoang Anh, Acting President; Assoc. Prof. Dr. Nguyen Thanh Phuong, Vice President; Assoc. Prof. Dr. Tran Viet Dung, Director of the Banking Research Institute; and Assoc. Prof. Dr. Le Ngoc Thang, Head of the Human Resources Department. Vantage Foundation was represented by Mr. Adam Siew, Vice President of Business Development; Mr. Floyd Wang, Chief Representative in Vietnam; and Ms. Monica Wang, Head of Global Projects Department.

The event commenced with a formal reception and introduction of delegates, followed by introductory videos presenting the missions and institutional strengths of both BAV and Vantage. These presentations set the context for a partnership grounded in shared priorities around education, capacity building, and long-term human capital development.

Opening remarks were delivered by Assoc. Prof. Dr. Pham Thi Hoang Anh, who reaffirmed the Banking Academy’s commitment to collaboration with international partners to enhance academic quality and practical relevance in financial education. This was followed by remarks from Mr. Adam Siew, who highlighted the growing importance of education in preparing future talent for an increasingly data-driven and technology-enabled financial sector. He noted that education plays a critical role in sustainable development, particularly as artificial intelligence and data analytics reshape financial decision-making.

The highlight of the ceremony was the formal signing of the strategic cooperation agreement, officially confirming the partnership between the two institutions. The MoU outlines areas of collaboration including joint development of educational programmes, mobilisation of international expertise and resources, and coordinated communication efforts to promote the value of financial education.

As an initial programme concept under the partnership framework, BAV and Vantage plan to collaborate on a one-day training titled “Financial Data Analysis and Decision-Making in the Era of AI.” The programme is tentatively scheduled for late February to early March 2025 and will be conducted in person at the Banking Academy of Vietnam in Hanoi, with online participation available for other cities. Participants will receive a certificate of completion, and the programme is expected to be rolled out in collaboration with other leading Vietnamese universities.

The ceremony concluded with a symbolic exchange of flowers and commemorative gifts, an official group photo, and networking among representatives. The event serves solely as an official announcement of the strategic partnership and does not involve course delivery, training implementation, or student activities at this stage.

Vantage Foundation

Vantage Foundation is an independent charitable organization launched at the McLaren Technology Centre in the UK in 2023. The foundation has partnered with organisations worldwide, including Grab Indonesia, the iREDE Foundation in Nigeria, Teach for Malaysia, and Instituto Claret in Brazil, to drive impactful social initiatives.

For more information, please visit www.vantage.foundation

Banking Academy of Vietnam

The Banking Academy of Vietnam (BAV) is a leading public higher education institution specialising in banking, finance, economics, and business administration. Established under the State Bank of Vietnam, BAV has played a pivotal role in developing the nation’s financial and banking workforce. With a strong emphasis on academic excellence, applied research, and industry relevance, the Academy serves as a key talent pipeline for Vietnam’s public and private financial sectors.

For more information, please visit https://en.hvnh.edu.vn/ 

View original content to download multimedia:https://www.prnewswire.com/news-releases/banking-academy-of-vietnam-and-vantage-foundation-formalised-strategic-partnership-to-advance-financial-education-302644608.html

SOURCE Vantage Foundation

JINAN, China, Dec. 17, 2025 /PRNewswire/ — A well-known international group conducted rigorous worldwide evaluations on both domestic and international suppliers in the same industry. After comprehensive assessments of technological equipment’s advancement, maturity, and stability, the group ultimately selected Niutech’s “Next-Generation of Large-Scale Industrial Continuous Intelligent Waste Plastic Pyrolysis Technology and Complete Equipment Set”. This decision led to the investment and construction of a high-end waste plastic chemical recycling plant in Vietnam.

At present, the plant has been successfully put into operation and running continuously and efficiently for several months, with all indicators of the pyrolysis products meeting expectations. The advanced technical equipment of Niutech has demonstrated outstanding safety, reliability and environmental protection performance during actual operation, earning high praise from the client. It has also verified the power of China’s high-end environmental protection equipment and is another important achievement of the in-depth cooperation between Niutech and the international group in the field of waste plastic chemical recycling. Currently, the expansion preparations for the project have been basically completed, and the replication and expansion plans for other regions are also in progress.

This project takes plastic waste from industrial production as feedstock, leveraging Niutech’s unique patented technology and equipment to convert waste plastics into high-quality pyrolysis oil. This pyrolysis oil is subsequently processed at the client’s own chemical plants, achieving a complete chemical cycle from “waste plastic to new plastic.” This approach significantly reduces carbon emissions while decreasing reliance on fossil fuels. The innovative model of integrating Niutech’s technology and equipment with the coordinated development of the industry has created multiple world-firsts, providing a verifiable, replicable and scalable demonstration case for promoting the development of chemical recycling of waste plastics.

Professional creates benchmarks. The successful commissioning of this project is another significant achievement of Niutech in continuously exploring the international high-end market, following its collaboration with BASF plastics chemical recycling project in Denmark. Currently, a large-scale waste plastic pyrolysis project in the UK, adopting the same advanced technology of Niutech, is being implemented smoothly. Relying on over 30 years of technological accumulation and engineering practice experience in the pyrolysis field, Niutech has provided the partner with a full-process service covering technical solution design, core equipment manufacturing, and on-site commissioning guidance.

In recent years, chemical recycling of plastics has become a hot trend globally. Niutech’s exclusive and reliable pyrolysis process and technics has provide an efficient and low-carbon disposal solution for the resource utilization of massive low-value mixed waste plastic, attracting much attention from the international market. As the constitutor of China’s pyrolysis technology standards and an industry leader, Niutech has always adhered to a path of high-end, intelligent and green development, which meets the demands of both domestic and international markets. Through constant innovation, the company has overcome multiple world-class challenges in the industrialization and scale-up process of waste plastic chemical recycling, and has established a complete “research and application” innovation system, enhancing the development of technological advantages. Currently, Niutech’s technology has been applied throughout China and in dozens of countries and regions worldwide. Numerous demonstration projects have fully validated that Niutech’s pyrolysis solution represents a revolutionary approach to resource recovery from organic waste.

More Information:

Niutech Website: www.niutechenergy.com
Niutech Business Email: sales@niutech.com
Niutech Youtube: www.youtube.com/@niutechpyrolysis

View original content to download multimedia:https://www.prnewswire.com/news-releases/a-new-industrial-benchmark—niutech-intelligent-pyrolysis-equipment-empowering-a-world–renowned-group-for-chemical-recycling-project-of-waste-plastic-302644499.html

SOURCE Niutech

JINAN, China, Dec. 17, 2025 /PRNewswire/ — A well-known international group conducted rigorous worldwide evaluations on both domestic and international suppliers in the same industry. After comprehensive assessments of technological equipment’s advancement, maturity, and stability, the group ultimately selected Niutech’s “Next-Generation of Large-Scale Industrial Continuous Intelligent Waste Plastic Pyrolysis Technology and Complete Equipment Set”. This decision led to the investment and construction of a high-end waste plastic chemical recycling plant in Vietnam.

At present, the plant has been successfully put into operation and running continuously and efficiently for several months, with all indicators of the pyrolysis products meeting expectations. The advanced technical equipment of Niutech has demonstrated outstanding safety, reliability and environmental protection performance during actual operation, earning high praise from the client. It has also verified the power of China’s high-end environmental protection equipment and is another important achievement of the in-depth cooperation between Niutech and the international group in the field of waste plastic chemical recycling. Currently, the expansion preparations for the project have been basically completed, and the replication and expansion plans for other regions are also in progress.

This project takes plastic waste from industrial production as feedstock, leveraging Niutech’s unique patented technology and equipment to convert waste plastics into high-quality pyrolysis oil. This pyrolysis oil is subsequently processed at the client’s own chemical plants, achieving a complete chemical cycle from “waste plastic to new plastic.” This approach significantly reduces carbon emissions while decreasing reliance on fossil fuels. The innovative model of integrating Niutech’s technology and equipment with the coordinated development of the industry has created multiple world-firsts, providing a verifiable, replicable and scalable demonstration case for promoting the development of chemical recycling of waste plastics.

Professional creates benchmarks. The successful commissioning of this project is another significant achievement of Niutech in continuously exploring the international high-end market, following its collaboration with BASF plastics chemical recycling project in Denmark. Currently, a large-scale waste plastic pyrolysis project in the UK, adopting the same advanced technology of Niutech, is being implemented smoothly. Relying on over 30 years of technological accumulation and engineering practice experience in the pyrolysis field, Niutech has provided the partner with a full-process service covering technical solution design, core equipment manufacturing, and on-site commissioning guidance.

In recent years, chemical recycling of plastics has become a hot trend globally. Niutech’s exclusive and reliable pyrolysis process and technics has provide an efficient and low-carbon disposal solution for the resource utilization of massive low-value mixed waste plastic, attracting much attention from the international market. As the constitutor of China’s pyrolysis technology standards and an industry leader, Niutech has always adhered to a path of high-end, intelligent and green development, which meets the demands of both domestic and international markets. Through constant innovation, the company has overcome multiple world-class challenges in the industrialization and scale-up process of waste plastic chemical recycling, and has established a complete “research and application” innovation system, enhancing the development of technological advantages. Currently, Niutech’s technology has been applied throughout China and in dozens of countries and regions worldwide. Numerous demonstration projects have fully validated that Niutech’s pyrolysis solution represents a revolutionary approach to resource recovery from organic waste.

More Information:

Niutech Website: www.niutechenergy.com
Niutech Business Email: sales@niutech.com
Niutech Youtube: www.youtube.com/@niutechpyrolysis

View original content to download multimedia:https://www.prnewswire.com/news-releases/a-new-industrial-benchmark—niutech-intelligent-pyrolysis-equipment-empowering-a-world–renowned-group-for-chemical-recycling-project-of-waste-plastic-302644499.html

SOURCE Niutech

JINAN, China, Dec. 17, 2025 /PRNewswire/ — A well-known international group conducted rigorous worldwide evaluations on both domestic and international suppliers in the same industry. After comprehensive assessments of technological equipment’s advancement, maturity, and stability, the group ultimately selected Niutech’s “Next-Generation of Large-Scale Industrial Continuous Intelligent Waste Plastic Pyrolysis Technology and Complete Equipment Set”. This decision led to the investment and construction of a high-end waste plastic chemical recycling plant in Vietnam.

At present, the plant has been successfully put into operation and running continuously and efficiently for several months, with all indicators of the pyrolysis products meeting expectations. The advanced technical equipment of Niutech has demonstrated outstanding safety, reliability and environmental protection performance during actual operation, earning high praise from the client. It has also verified the power of China’s high-end environmental protection equipment and is another important achievement of the in-depth cooperation between Niutech and the international group in the field of waste plastic chemical recycling. Currently, the expansion preparations for the project have been basically completed, and the replication and expansion plans for other regions are also in progress.

This project takes plastic waste from industrial production as feedstock, leveraging Niutech’s unique patented technology and equipment to convert waste plastics into high-quality pyrolysis oil. This pyrolysis oil is subsequently processed at the client’s own chemical plants, achieving a complete chemical cycle from “waste plastic to new plastic.” This approach significantly reduces carbon emissions while decreasing reliance on fossil fuels. The innovative model of integrating Niutech’s technology and equipment with the coordinated development of the industry has created multiple world-firsts, providing a verifiable, replicable and scalable demonstration case for promoting the development of chemical recycling of waste plastics.

Professional creates benchmarks. The successful commissioning of this project is another significant achievement of Niutech in continuously exploring the international high-end market, following its collaboration with BASF plastics chemical recycling project in Denmark. Currently, a large-scale waste plastic pyrolysis project in the UK, adopting the same advanced technology of Niutech, is being implemented smoothly. Relying on over 30 years of technological accumulation and engineering practice experience in the pyrolysis field, Niutech has provided the partner with a full-process service covering technical solution design, core equipment manufacturing, and on-site commissioning guidance.

In recent years, chemical recycling of plastics has become a hot trend globally. Niutech’s exclusive and reliable pyrolysis process and technics has provide an efficient and low-carbon disposal solution for the resource utilization of massive low-value mixed waste plastic, attracting much attention from the international market. As the constitutor of China’s pyrolysis technology standards and an industry leader, Niutech has always adhered to a path of high-end, intelligent and green development, which meets the demands of both domestic and international markets. Through constant innovation, the company has overcome multiple world-class challenges in the industrialization and scale-up process of waste plastic chemical recycling, and has established a complete “research and application” innovation system, enhancing the development of technological advantages. Currently, Niutech’s technology has been applied throughout China and in dozens of countries and regions worldwide. Numerous demonstration projects have fully validated that Niutech’s pyrolysis solution represents a revolutionary approach to resource recovery from organic waste.

More Information:

Niutech Website: www.niutechenergy.com
Niutech Business Email: sales@niutech.com
Niutech Youtube: www.youtube.com/@niutechpyrolysis

View original content to download multimedia:https://www.prnewswire.com/news-releases/a-new-industrial-benchmark—niutech-intelligent-pyrolysis-equipment-empowering-a-world–renowned-group-for-chemical-recycling-project-of-waste-plastic-302644499.html

SOURCE Niutech

JINAN, China, Dec. 17, 2025 /PRNewswire/ — A well-known international group conducted rigorous worldwide evaluations on both domestic and international suppliers in the same industry. After comprehensive assessments of technological equipment’s advancement, maturity, and stability, the group ultimately selected Niutech’s “Next-Generation of Large-Scale Industrial Continuous Intelligent Waste Plastic Pyrolysis Technology and Complete Equipment Set”. This decision led to the investment and construction of a high-end waste plastic chemical recycling plant in Vietnam.

At present, the plant has been successfully put into operation and running continuously and efficiently for several months, with all indicators of the pyrolysis products meeting expectations. The advanced technical equipment of Niutech has demonstrated outstanding safety, reliability and environmental protection performance during actual operation, earning high praise from the client. It has also verified the power of China’s high-end environmental protection equipment and is another important achievement of the in-depth cooperation between Niutech and the international group in the field of waste plastic chemical recycling. Currently, the expansion preparations for the project have been basically completed, and the replication and expansion plans for other regions are also in progress.

This project takes plastic waste from industrial production as feedstock, leveraging Niutech’s unique patented technology and equipment to convert waste plastics into high-quality pyrolysis oil. This pyrolysis oil is subsequently processed at the client’s own chemical plants, achieving a complete chemical cycle from “waste plastic to new plastic.” This approach significantly reduces carbon emissions while decreasing reliance on fossil fuels. The innovative model of integrating Niutech’s technology and equipment with the coordinated development of the industry has created multiple world-firsts, providing a verifiable, replicable and scalable demonstration case for promoting the development of chemical recycling of waste plastics.

Professional creates benchmarks. The successful commissioning of this project is another significant achievement of Niutech in continuously exploring the international high-end market, following its collaboration with BASF plastics chemical recycling project in Denmark. Currently, a large-scale waste plastic pyrolysis project in the UK, adopting the same advanced technology of Niutech, is being implemented smoothly. Relying on over 30 years of technological accumulation and engineering practice experience in the pyrolysis field, Niutech has provided the partner with a full-process service covering technical solution design, core equipment manufacturing, and on-site commissioning guidance.

In recent years, chemical recycling of plastics has become a hot trend globally. Niutech’s exclusive and reliable pyrolysis process and technics has provide an efficient and low-carbon disposal solution for the resource utilization of massive low-value mixed waste plastic, attracting much attention from the international market. As the constitutor of China’s pyrolysis technology standards and an industry leader, Niutech has always adhered to a path of high-end, intelligent and green development, which meets the demands of both domestic and international markets. Through constant innovation, the company has overcome multiple world-class challenges in the industrialization and scale-up process of waste plastic chemical recycling, and has established a complete “research and application” innovation system, enhancing the development of technological advantages. Currently, Niutech’s technology has been applied throughout China and in dozens of countries and regions worldwide. Numerous demonstration projects have fully validated that Niutech’s pyrolysis solution represents a revolutionary approach to resource recovery from organic waste.

More Information:

Niutech Website: www.niutechenergy.com
Niutech Business Email: sales@niutech.com
Niutech Youtube: www.youtube.com/@niutechpyrolysis

View original content to download multimedia:https://www.prnewswire.com/news-releases/a-new-industrial-benchmark—niutech-intelligent-pyrolysis-equipment-empowering-a-world–renowned-group-for-chemical-recycling-project-of-waste-plastic-302644499.html

SOURCE Niutech