Hitachi Energy to support major renewable electricity transmission between Canada and New York City

HVDC Light® transmission system will transfer renewable energy for over 1 million New York homes and help achieve the state’s climate goals

Zurich, Switzerland, Sept. 20, 2022 (GLOBE NEWSWIRE) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it was selected by Transmission Developers Inc., a Blackstone portfolio company specialized in renewable power development, to supply a high-voltage direct current (HVDC) converter station that is a key part of the transmission solution for the Champlain Hudson Power Express (CHPE) HVDC interconnection between Québec, Canada and the New York City metro area, the United States.

The link will enable the delivery of clean, renewable hydropower between Canada and New York, contributing to New York’s Climate Leadership and Community Protection Act (CLCPA), which aims for the state to be powered by 70 percent renewable energy by 2030.*1 CHPE is expected to decrease CO2 emissions by an average of 3.9 million metric tons per year, equivalent to removing 44 percent of passenger vehicles from New York City.*2

Using Hitachi Energy’s HVDC Light® technology, CHPE will transfer up to 1,250 megawatts of electricity, enough to power 1 million New York households. The link will efficiently transmit electricity for more than 600 kilometers (372 miles) underground from Hertel, Canada, through Lake Champlain and the Hudson River, to an HVDC converter station in Astoria, Queens.*1

HVDC systems have tremendous potential for bringing large amounts of electricity directly into cities, which is essential for securing sustainable and affordable power today and in the future,” said Niklas Persson, Managing Director of Hitachi Energy’s Grid Integration business. “We are proud to play a crucial role in this very important investment in North America’s transition to renewable energy and carbon neutrality.”

“Hitachi Energy’s market leading HVDC technology will ensure efficient and reliable transmission of renewable energy for over 1 million New York homes and help achieve the state’s climate goals,” said Transmission Developers CEO Donald Jessome. “We look forward to beginning construction activity later this year and to delivering an abundance of clean, renewable energy to New Yorkers.”

Power requirements in cities are increasing, especially in densely populated areas where land is already scarce, and difficulties can arise when new right-of-ways must be secured for traditional transmission lines. HVDC technology enables large amounts of high-quality electricity to be delivered where it is most needed with complete control and with a very compact footprint using out-of-sight underground or underwater cables.

The complete CHPE system, of which the HVDC converter stations are the enabling technology, is expected to create more than 1,400 jobs during construction and, during the first 30 years of operation, deliver almost $50 billion in economic benefits to New York state.*1

For the New York site, Hitachi Energy will supply the HVDC Light converter station, that will  convert the DC power from Canada to AC power and make it available for the AC grid in New York.

Kiewit, one of North America’s largest and most respected engineering and construction companies, will be responsible for the civil works for the converter station in New York. The collaboration with Kiewit will combine the core competencies of the two companies to deliver a best-in-class solution.

Note to editors:

Hitachi Energy’s HVDC solution combines world-leading expertise in HVDC converter valves; the MACH™ digital control platform*3, converter power transformers and high-voltage switchgear; as well as system studies, design and engineering, supply, installation supervision and commissioning.

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

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

*1 Champlain Hudson Power Express

*2 May 2021 PA Analysis Report

*3 Modular Advanced Control for HVDC (MACH™)

HVDC website:

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

– End –

About Hitachi Energy

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

About Hitachi, Ltd.

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

Attachments

Jocelyn Chang
Hitachi Energy Ltd.
+41 79384 7775
jocelyn.chang@hitachienergy.com

وینٹیج کا بھارت میں تعلیمی اقدامات کی حمایت کے لئے یونیسکو کے ساتھ شراکت داری کا اعلان‫

سنگاپور، 20 ستمبر 2022ء/پی آرنیوزوائر/– بین الاقوامی کثیر اثاثہ تجارتی پلیٹ فارم وینٹیج نے آج یونیسکو (اقوام متحدہ کی تعلیمی، سائنسی اور ثقافتی تنظیم) کے ساتھ اپنی شراکت داری کا اعلان کیا ہے، جو بھارت جیسی ابھرتی ہوئی مارکیٹوں میں تعلیم کے مواقع کو مضبوط بنانے کے لیے سماجی ذمہ دارای(عزم) کا ایک حصہ ہے۔

اس شراکت داری کے تحت وینٹیج “بھارت کے لیے ریاستی تعلیمی رپورٹ، 2022 – تعلیم میں آرٹیفیشل انٹیلی جنس (اے آئی) ” کی حمایت کر رہا ہے، جسے آج نئی دہلی، بھارت میں لانچ کیا گیا ہے۔ اس رپورٹ میں مصنوعی ذہانت اور تعلیم کے درمیان متعدد متعلقہ امور کا احاطہ کیا گیا ہے ، جس میں اساتذہ کو بااختیار بنانے اور سیکھنے کے عمل کے بارے میں تفہیم کو بڑھانے کے لئے مصنوعی ذہانت کی صلاحیت بھی شامل ہے۔

اس شراکت داری پر تبصرہ کرتے ہوئے وینٹیج کے چیف اسٹریٹجی اینڈ ٹریڈنگ آفیسر مارک ڈیسپلیئرز نے کہا کہ “ابھرتی ہوئی مارکیٹوں میں ہمارے عالمی اثرات اور موجودگی نے ہمیں اپنی برادریوں کو درپیش مسائل کے بارے میں ایک منفرد نقطہ نظر فراہم کیا ہے۔ ہمارا مقصد یونیسکو کے ساتھ ایک طویل مدتی، اسٹریٹجک شراکت داری کو فروغ دینا ہے جو ہماری مشترکہ اقدار- شمولیت اور مساوات کی بنیاد پر قائم ہے۔ مالیاتی خدمات فراہم کرنے والے کے طور پر، تعلیم میں ابھرتی ہوئی تکنیکی ترقی، جیسے تعلیم میں مصنوعی ذہانت اور بھارت میں طالب علموں اور سیکھنے والوں کو ڈیجیٹل خواندگی کے اقدامات پر ہماری حمایت فراہم کرنا، اس تعلیمی سفر کو آگے بڑھانے کے لئے ایک فطری پہلا قدم تھا۔

مالی شمولیت میں مصنوعی ذہانت کے کردار کے بارے میں بات کرتے ہوئے بھوٹان، بھارت، مالدیپ اور سری لنکا میں یونیسکو کے نمائندے ایرک فالٹ نے کہا کہ “اگرچہ دنیا اے آئی کے بارے میں غیر یقینی ہو سکتی ہے، لیکن یہ بات یقینی ہے کہ اے آئی یہاں رہے گی۔ آئی سی ٹی اور ڈیجیٹل بینکنگ پلیٹ فارم کے عروج کے ساتھ ہی اے آئی نے بھارت میں مالی شمولیت کو حقیقت بنا دیا ہے۔ مالی تعلیم اور ہنرمندی لوگوں، خاص طور پر خواتین کی معاشی اور سماجی فلاح و بہبود کو بہتر بنانے کی کلید ہیں۔ اسی کی روشنی میں، ہم وینٹیج کے ساتھ شراکت داری کرتے ہوئے بہت خوش ہیں جو ہمارے عزم میں شریک ہیں۔ “

یونیسکو نئی دہلی کے ساتھ وینٹیج کی شراکت داری دو تنظیموں کو ایک مشترکہ خواہش کے ساتھ  یکجا کرتی ہے تاکہ اس بات کو یقینی بنایا جاسکے کہ کوئی بھی پیچھے نہ رہ جائے۔ آنے والے برسوں میں وینٹیج کا مقصد بھارت میں یونیسکو کے تعلیمی اقدامات کے لئے معاونت فراہم کرنے کے لئے اپنی مالی اور تکنیکی مہارت سے فائدہ اٹھانا ہے، تدریس تک رسائی میں اضافہ کرنا اور تعلیم کے فوائد ان لوگوں تک لانا ہے جنہیں اس کی سب سے زیادہ ضرورت ہے۔

یونیسکو کے ساتھ وینٹیج کی اسٹریٹجک شراکت داری اس کے کارپوریٹ ماحولیاتی، سماجی اور گورننس (ای ایس جی) کے سفر میں ایک اور سنگ میل کی علامت ہے، جسے جولائی 2022 میں باضابطہ طور پر شروع کیا گیا تھا۔ وینٹیج اٹلی کے شہر سارڈینیا میں ایکسٹریم ای ریس کے ہفتے کے دوران آب و ہوا کی تبدیلی اور خواتین کو بااختیار بنانے کے بارے میں شعور اجاگر کرنے کے لئے مقبول ڈیجیٹل میڈیا پروڈیوسر سپرکار بلونڈی کے ساتھ تعاون کر رہا ہے۔ اس کے علاوہ کمپنی نے رواں سال ای ایس جی کی کئی دیگر سرگرمیاں بھی شروع کی ہیں جن میں یو این ایچ سی آر (اقوام متحدہ کے ہائی کمشنر برائے مہاجرین) کے اشتراک سے ڈالر کے بدلے ڈالر کے عوض فنڈ ریزنگ مشق اور ان کے دفاتر میں خون کے عطیہ کی عالمی مہم شامل ہے۔

وینٹیج کے بارے میں

 وینٹیج ایک عالمی، کثیر اثاثہ بروکر ہے جو گاہکوں کو فاریکس، کموڈیٹیز، انڈیکس اور حصص پر سی ایف ڈیز کی ٹریڈنگ کے لئے ایک تیز رفتار اور طاقتور سروس تک رسائی فراہم کرتا ہے۔

مارکیٹ کے 10 سال سے زیادہ کے تجربے کے ساتھ، وینٹیج کے پاس اب 30 سے زیادہ عالمی دفاتر میں 1،000 سے زیادہ ملازمین موجود ہیں۔

وینٹیج ایک بروکر سے بڑھ کر ہے۔ یہ ایک قابل اعتماد تجارتی ماحولیاتی نظام، ایک ایوارڈ یافتہ موبائل ٹریڈنگ ایپ، اور ایک تیز رفتار اور آسان تجارتی پلیٹ فارم فراہم کرتا ہے جو گاہکوں کو تجارت کے مواقع سے فائدہ اٹھانے کے قابل بناتا ہے۔ ایپ اسٹور یا گوگل پلے پر وینٹیج ایپ ڈاؤن لوڈ کیجئے۔

 جب آپ  @vantage.com پر ہوشیاری سے تجارت کریں تو مارکیٹ کے مواقع جیتنے کا بہتر فائدہ اٹھانے کے لیے بااختیار بنیں۔

www.vantagemarkets.com 

یونیسکو کے بارے میں

اقوام متحدہ کی تعلیمی، سائنسی اور ثقافتی تنظیم (یونیسکو) 1945 میں تشکیل دی گئی تھی۔ اس میں تعلیم، سائنسز، ثقافت، مواصلات اور معلومات کے ذریعے امن اور بین الثقافتی مکالمہ قائم کرنے کی کوشش کی گئی ہے۔ یونیسکو کے پروگرام 2030 کے ایجنڈے میں بیان کردہ پائیدار ترقیاتی اہداف کے حصول میں اہم کردار ادا کرتے ہیں، جسے 2015 میں اقوام متحدہ کی جنرل اسمبلی نے منظور کیا تھا۔خیالات کی تجربہ گاہ کی حیثیت سے یونیسکو ممالک کو بین الاقوامی معیارات کو اپنانے میں مدد دیتا ہے اور ایسے پروگراموں کا انتظام کرتا ہے جو خیالات کے آزادانہ بہاؤ اور علم کے تبادلے کو فروغ دیتے ہیں۔

ویب  |فیسبک| انسٹا گرام | ٹیوٹر | یوٹوب 

Distinguished Board Director and Former Fortune 100 CIO, Annabelle Bexiga Joins Quantexa Board of Directors

LONDON, Sept. 20, 2022 (GLOBE NEWSWIRE) — Today Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced that Annabelle Bexiga is joining their board of directors. Annabelle is currently serving as the non-executive director for DWS Group, Stonex Group (SNEX), and Triton International (TRTN). Prior to her current roles, she served as the CIO Advisor at Zoom with a focus on working with their product development and marketing teams. She also established and chaired Zoom’s Financial Services Industry council.

Annabelle has 30 years of experience in the financial services industry and 11 years in Fortune-100 CIO roles. As a Board Director, Annabelle brings to Quantexa her operational knowledge, as well as public, private, and non-profit board leadership, and advisement experience.

This incredible journey of continuous learning from brilliant technologists and courageous leaders continues through my board and advisory work,” said Annabelle. “I am especially excited to join the board of Quantexa because they truly understand that today in the face of rapidly changing conditions, enterprises need to drive greater accuracy in decisions and innovation with data and analytics technology at the core. The Quantexa team are working to help organizations solve today’s major challenges in utilizing data effectively to improve their operations and the services they provide to their customers.”

“Annabelle’s background includes a diverse set of businesses at firms such as JPMorgan Chase, Zoom, and AIG, as well as residential global experience in New York, Singapore, Tokyo, and Boston,” said Vishal Marria, CEO at Quantexa. “Annabelle has made a fantastic contribution to Quantexa over the last 2 years working as an advisor to our business, so we are thrilled that she will be joining our board of directors. Her experience aligns well with our goals, our culture, and we look forward to incorporating her expertise to help our customers use their data at scale to unify their data, manage risk, ensure compliance, and identify opportunities for efficiency.”

ABOUT QUANTEXA
Quantexa is a global data and analytics software company pioneering Contextual Decision Intelligence that empowers organizations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa’s platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place. It solves major challenges across data management, KYC, customer intelligence, financial crime, risk, fraud, and security, throughout the customer lifecycle.

The Quantexa Contextual Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. Founded in 2016, Quantexa now has more than 500 employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, New York, Boston, Washington DC, Brussels, Toronto, Singapore, Melbourne, and Sydney. For more information, contact Quantexa here or follow us on LinkedIn.


Media Inquiries:

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T: +1 315 663 6780

E: Quantexa@fightflight.co.uk


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RapidResponse@quantexa.com

CM Ch Parvez Elahi stops CCPO Lahore from relinquishing the charge

Lahore, September 20, 2022 (PPI-OT):Chief Minister Punjab Chaudhry Parvez Elahi has stopped CCPO Lahore from relinquishing the charge. He stated that the federal government has been blinded by revenge. The federal government cannot remove CCPO Lahore nor transfer him. Ch. Parvez Elahi asserted that he refuses to accept every illegal action of the federal government.

For more information, contact:
Mediacell, Pakistan Muslim League
30-C, Chaudhry Zahoor Elahi Road,
Gulberg-II, Lahore, Pakistan
Tel: +92-42-35878428
Fax: +92-42-35877329
Website: www.pmlmediacell.com

German Ambassador Alfred Grannas calls on CM Punjab Ch Parvez Elahi 

Lahore, September 20, 2022 (PPI-OT):German Ambassador Mr Alfred Grannas called on Chief Minister Punjab Chaudhry Parvez Elahi at the Chief Minister’s Office on Tuesday. First Secretary of the German Embassy Mrs Dorota Magdalena Berezicki, Chief Secretary Abdullah Sumbal, former Principal Secretary to CM GM Sikandar and others were also present.

Issues of mutual interest, bilateral relations and increasing cooperation in various fields were discussed. It was agreed to increase cooperation in the fields of education, health and water storage. Germany expressed its willingness to provide technical assistance to the Punjab government regarding water storage.

The CM informed about the flood disaster and the rehabilitation activities and added that Pakistan has been severely affected by climate change effects. It is not possible to describe the destruction caused by floods in different parts of Pakistan including southern Punjab districts. This is a daunting challenge that all nations should immediately address by adopting a common plan of action, he emphasised.

The CM noted that a special package has been formulated to rehabilitate the affectees and asserted that the international community needs to fully support Pakistan in this hour of trial. ‘I had started the program of channelizing the water of hill torrents of Koh-e-Sulaiman in 2002 in my previous tenure; unfortunately, the succeeding government stopped this beneficial program. Now, we are again channelizing the water and building small dams, ‘said Parvez Elahi.

Dams are necessary for Pakistan to prevent precious water from getting lost in the sea; he added and noted that a proper network of dams would have saved Pakistan from such devastations besides storing rainwater for future needs. We would be saved from this havoc if more dams are constructed, he maintained.

Germany is our best partner and Pakistan would like to benefit from its expertise in vocational and technical education, health and water storage. Punjab would take the lead in promoting cooperation with Germany in various fields and technical support for water storage from Germany will be welcomed, CM further said.

Alfred Grannas expressed regret over the loss of lives and property due to rains and floods and expressed the desire to promote cooperation with the Punjab government in various fields. We are desirous of accelerated steps to expand the bilateral cooperation, he added.

For more information, contact:
Mediacell, Pakistan Muslim League
30-C, Chaudhry Zahoor Elahi Road,
Gulberg-II, Lahore, Pakistan
Tel: +92-42-35878428
Fax: +92-42-35877329
Website: www.pmlmediacell.com

CM Ch Parvez Elahi chairs the 4th governing body meeting of LDA

Lahore, September 20, 2022 (PPI-OT):The fourth governing body meeting of LDA was held under the chair of Chief Minister Punjab Chaudhry Parvez Elahi at his office. The CM ordered the establishment of hydrants for timely response to fire incidents in the city and said that in case of fire, water supply will be ensured from hydrants established at different places.

He directed that no map should be passed without a safety audit of big buildings by Rescue 1122. He also ordered the inclusion of other cities in the development process including Sheikhupura in LDA limits. In the meeting, more than 1200 applicants’ allotments were approved after clearance of their records in widow and NADRA besides reviewing a proposal to set up a separate marketing department in LDA.

It was decided in principle to collect WASA’s sewerage charges from non-paying housing schemes and it was approved to adjust the LDA allowance to the running pay scale. In compliance with the high court’s order, the constitution of a sub-committee was approved to decide the allotment of the alternative plot to an applicant and it was further decided to set the limit of at least one kanal of land for building apartment buildings.

It was decided to amend Clause 30(5) of the Rules, 2020 and the meeting approved in principle the apartments’ construction in Finance and Trade Center Johar Town. The plan for the improvement of Khayaban Amin Johar Town was approved as well.

Approval was given in principle for the marketing and business model of Walk and Shop LDA Shopping Arena in Johar Town and the infrastructure improvement project of Mohlanwal Housing Scheme. It was decided to waive the penalty for late submission of past dues due to corona.

However, a standard fine would be received on late submission of current dues. It was decided to shift the industries to one place in LDA City. The decision to pay Compact Engineering was endorsed. The budget for the financial year 2022-23 was approved and the decisions of the previous meeting were seconded.

Senior Minister and Vice Chairman Mian Aslam Iqbal, Provincial Advisor Aamir Saeed Raan, Principal Secretary to Chief Minister Muhammad Khan Bhatti, Former Principal Secretary to Chief Minister GM Sikandar, Vice Chairman WASA Sheikh Imtiaz Mehmood, Members of Punjab assembly Sadia Sohail, Malik Mukhtar Ahmad, Muhammad Atif, Umar Aftab, commissioner Lahore, secretary housing, secretary finance, DG LDA, MD WASA and others attended the meeting.

For more information, contact:
Mediacell, Pakistan Muslim League
30-C, Chaudhry Zahoor Elahi Road,
Gulberg-II, Lahore, Pakistan
Tel: +92-42-35878428
Fax: +92-42-35877329
Website: www.pmlmediacell.com