logo
Driving green change: Astronergy solar panels energize Australian site

Driving green change: Astronergy solar panels energize Australian site

Yahoo06-06-2025
HANGZHOU, China, June 6, 2025 /PRNewswire/ -- Astronergy, a globally renowned PV module supplier, has partnered with Australian renewable energy provider DS Energy to deliver a 437.95kW rooftop solar system for Holy Cross Laundry, a respected Queensland-based social enterprise committed to sustainable operations.
Installed on the facility's rooftop, the system features Astronergy's high-efficiency ASTRO N series solar modules. It is expected to significantly reduce electricity costs and carbon emissions, providing a reliable clean energy source to support the organization's day-to-day services while advancing its broader environmental goals.
"We are proud to contribute to a project that blends innovation with purpose," said Lin He, Head of International Sales at Astronergy. "Our technology is helping Holy Cross Laundry reduce its carbon footprint while enhancing energy resilience — a model we aim to replicate across Australia's commercial and industrial sectors."
This project is part of Astronergy's broader contribution to Australia's renewable energy growth. Beyond rooftop installations, the company's high-performance modules have been widely adopted in utility-scale projects across the country. Notable examples include the Walla Walla Solar Farm (355 MW), Hillston Solar Farm (119 MW), Yatpool Solar Farm (106 MW), and Goonumbla Solar Farm (69.75 MW), each playing a vital role in reducing carbon emissions and supporting regional energy needs.
At the heart of these successes lies Astronergy's continuous evolution of its TOPCon solar cell and module technologies. Building on years of research and manufacturing experience, the company unveiled its next-generation TOPCon 5.0 technology at Intersolar Europe 2025, offering even higher efficiency, enhanced reliability, and improved temperature coefficients — key performance factors in maximizing energy yield across diverse environments.
With manufacturing facilities across Asia and Europe and a presence in over 140 countries, Astronergy maintains a flexible and robust global supply chain. Its ability to deliver consistent quality and rapid deployment makes it a trusted partner in accelerating the clean energy transition, not only in Australia but worldwide.
"Our mission is to drive a cleaner, more resilient future through advanced solar technologies," said Dr. Lu Chuan, CEO of Astronergy. "The Holy Cross Laundry project is a small-scale example of how we're putting that mission into action — delivering real impact for real people."
View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/driving-green-change-astronergy-solar-panels-energize-australian-site-302475025.html
SOURCE Astronergy
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Encore Wound Care Ranks No. 32 on the 2025 Inc. 5000 List of America's Fastest-Growing Private Companies
Encore Wound Care Ranks No. 32 on the 2025 Inc. 5000 List of America's Fastest-Growing Private Companies

Yahoo

time6 minutes ago

  • Yahoo

Encore Wound Care Ranks No. 32 on the 2025 Inc. 5000 List of America's Fastest-Growing Private Companies

Encore Makes its Debut on the List with Three-Year Revenue Growth of 6,745% NEW YORK, Aug. 12, 2025 /PRNewswire/ -- Inc., the leading media brand and playbook for the entrepreneurs and business leaders shaping our future, today announced that Encore Wound Care is No. 32 on the annual Inc. 5000 list – including No. 2 in Ohio and No. 9 in the Healthcare & Medical industry – the most prestigious ranking of the fastest-growing private companies in America. The list provides a data-driven snapshot of the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. Past honorees include companies such as Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, and Patagonia. "Earning a place among the top 50 companies on the Inc. 5000 is a testament to the dedication of our team and the trust of the facilities and patients we serve," said Neall French, President of Encore Wound Care. "Our growth is fueled by a simple mission, delivering exceptional wound care that improves outcomes and quality of life. This recognition reflects not just our success, but our commitment to raising the standard of care across the post-acute care industry." This year's Inc. 5000 honorees have demonstrated exceptional growth while navigating economic uncertainty, inflationary pressure, and a fluctuating labor market. Among the top 500 companies on the list, the median three-year revenue growth rate reached 1,552 percent, and those companies have collectively added more than 48,678 jobs to the U.S. economy over the past three years. "Making the Inc. 5000 is always a remarkable achievement, but earning a spot this year speaks volumes about a company's tenacity and clarity of vision," says Mike Hofman, editor-in-chief of Inc. "These businesses have thrived amid rising costs, shifting global dynamics, and constant change. They didn't just weather the storm—they grew through it, and their stories are a powerful reminder that the entrepreneurial spirit is the engine of the U.S. economy." Encore Wound Care is a leading provider of specialized wound care services to long-term care and skilled nursing facilities across five states. Partnering with facility teams, Encore delivers advanced, evidence-based treatments that improve healing outcomes, reduce hospital readmissions, and enhance quality of life for patients with acute and chronic wounds. Since its founding, the company has built a reputation for clinical excellence, operational efficiency, and compassionate care. Encore's rapid growth has been fueled by its ability to combine expert medical leadership, innovative treatment protocols, and a collaborative approach to wound care. Companies on the 2025 Inc. 5000 are ranked according to percentage revenue growth from 2021 to 2024. To qualify, companies must have been founded and generating revenue by March 31, 2021. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2024. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2021 is $100,000; the minimum for 2024 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. For the full list, company profiles, and a searchable database by industry and location, visit: About Inc. Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit About EncoreEncore Clinical Holdings is a leading healthcare organization that specializes in delivering high-quality, patient-centered care across multiple service lines. Known for its expertise in wound care, Encore combines advanced technology, clinical stewardship, and dedicated professionals to achieve superior outcomes for patients and healthcare facilities. With a focus on innovation and results, Encore is committed to improving the quality of care for patients and healthcare providers alike. For additional information, visit For additional information, please contact: Matt Sexton, VP of Marketing(216) 566-4183, msexton@ View original content to download multimedia: SOURCE Encore Clinical Services Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Do Kwon pleads guilty to U.S. fraud charges in $40 billion crypto collapse
Do Kwon pleads guilty to U.S. fraud charges in $40 billion crypto collapse

CNBC

time8 minutes ago

  • CNBC

Do Kwon pleads guilty to U.S. fraud charges in $40 billion crypto collapse

Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded guilty on Tuesday to two U.S. charges of conspiracy to defraud and wire fraud. Kwon, 33, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, entered the plea at a court hearing in New York before U.S. District Judge Paul Engelmayer. He had pleaded not guilty in January to a nine-count indictment charging him with securities fraud, wire fraud, commodities fraud and money laundering conspiracy. Accused of misleading investors in 2021 about TerraUSD — a so-called stablecoin designed to maintain a value of $1 — Kwon pleaded guilty to the two counts under an agreement with the Manhattan U.S. Attorney's office, which brought the charges. He faces up to 25 years in prison when Engelmayer sentences him on December 11, though prosecutor Kimberly Ravener said the government had agreed to advocate for a prison term of no more than 12 years provided he accepts responsibility for his crimes. Kwon is one of several cryptocurrency moguls to face federal charges after a slump in digital token prices in 2022 prompted the collapse of a number of companies. Prosecutors alleged that when TerraUSD slipped below its $1 peg in May 2021, he told investors a computer algorithm known as "Terra Protocol" had restored the coin's value. Instead, they said, he arranged for a high-frequency trading firm to secretly buy millions of dollars of the token to artificially prop up its price. Prosecutors said that false claim and others drove retail and institutional investors to buy Terraform products and boost the value of Luna — a more traditional token that fluctuated in value but was closely linked to TerraUSD — to $50 billion by the spring of 2022. In court, Kwon apologized for his conduct. "I made false and misleading statements about why it regained its peg by failing to disclose a trading firm's role in restoring that peg," Kwon said. "What I did was wrong." Kwon agreed in 2024 to pay $80 million as a civil fine and be banned from crypto transactions as part of a $4.55 billion settlement he and Terraform reached with the U.S. Securities and Exchange Commission. Kwon has been detained since his extradition from Montenegro late last year. He also faces charges in South Korea. As part of the deal, prosecutors will not oppose Kwon's potential application to be transferred abroad after serving half his U.S. sentence, Ravener said.

Day traders scorched Wall Street pros with a hot summer. But September could chill their vibe.
Day traders scorched Wall Street pros with a hot summer. But September could chill their vibe.

Business Insider

time9 minutes ago

  • Business Insider

Day traders scorched Wall Street pros with a hot summer. But September could chill their vibe.

Day traders have had a blockbuster summer, outpacing professional money managers and leaving some hedge funds bruised. But that dominance may be short-lived. If historical trends hold, a seasonal pullback in retail activity could collide with a surge in volatility this September, threatening to derail the rally they helped drive. While nothing has topped the meme-stock craze of 2021, retail traders have been enjoying a busy — and lucrative — summer. Citadel Securities, which handles more than a third of the US retail equity trades, said in a client note last week that Main Street has remained consistently bullish over the last three months. Retail has bought up stocks in 14 of the last 16 weeks since April and options buying has been bullish for 14 consecutive weeks, according to Scott Rubner, head of equity and equity derivatives strategy at the Miami-based trading giant. Their optimism has been rewarded. The S&P 500 has gained 8% since June and nearly 30% since its low in early April. The Nasdaq has fared even better. It's not just AI-adjacent companies driving the gains, either — day traders have led a rally in so-called "garbage" stocks with questionable business prospects, such as brick-and-mortar retailers Kohl's, American Eagle, and Krispy Kreme. Many professional money managers, by contrast, have missed the boat on the stock rally, taking a cautious approach amid signs of economic threats. Citadel Securities' institutional clients have been bearish 8 of the past 12 weeks, Rubner said. Citadel Securities Some hedge funds have been punished. The surge in junk stocks has confounded models at equity quant funds, contributing to a weekslong bloodletting, Business Insider previously reported. Many long-short equity hedge funds have navigated the market well, but those with more pessimistic outlooks have faltered. One hedge fund exec told BI that brick-and-mortar retailers with significant tariff exposure nonetheless trading higher than before tariffs were announced — especially with recession indicators blinking — "doesn't make sense to us fundamentally." David Einhorn's Greenlight Capital — which in the first quarter believed a recession and bear market were in the offing — lost 3.8% in the second quarter, trimming its year-to-date gain to just 4.1%, according to an August 7 investor letter seen by Business Insider. "While we anticipated the possibility of 'rip your face off' rallies, we certainly didn't expect the market to reach new all-time highs so quickly," the letter reads. "We still believe that the economy is slowing and could very well be headed into a recession. The market obviously disagrees." The diverging views among professional and amateur investors hit a new level in August after an unexpectedly poor jobs report and signs that inflation is ticking back up. Stocks fell that Friday, August 1 — but quickly rallied the following week. "The US stock market does not always reflect the broader economy," Rubner wrote, noting that competition is increasing for "dip alpha" — that is, investors are quick to buy stocks after a market dip, betting that stocks just went on sale and will rise in short order. A critical pivot point As we head toward fall, the stage is set for a reversal of fortune. If August is a lazy day at the beach for the stock market, September is like an icy cold plunge. While stocks generally rise in August — "consistent with the number of vacations, pool parties, and the general unwillingness to put on a new short during August," Rubner says — September is the worst month for performance, according to data going back to 1928. It's also historically more volatile. This persistent seasonal quirk is in part a byproduct of the summer holiday — traders return from vacation and rebalance their books as they gear up for an end-of-year push, cutting positions to make room for new ones. Many mutual funds similarly rebalance in September, dumping losing positions and adding to the downward pressure. September is also the nadir for retail traders. Retail participation traditionally thins as fall arrives, decelerating in August before hitting September, the lowest activity month of the year. Whether they're reacting to September's historic weakness or a factor in driving it, if Main Street money pulls back, that may take some wind out of the market's sails. And both macroeconomic and fundamental weaknesses that the market previously shrugged off could loom large. Einhorn's Greenlight says outside of companies benefiting from AI and the data center boom, "it is hard to find other areas that are doing well." The fund expects "the increased bite from tariffs to show up on shelves and in the data by September or October." Additionally, Rubner expects systematic, factor-driven strategies to reach full exposure by the end of August, "increasing vulnerability to downside shocks." In dissecting the rally in junk stocks and corresponding quant hedge fund losses, former AQR financial market research head Aaron Brown said in a column for Bloomberg that the likeliest resolution "is that the garbage rally runs out of steam and the junk stock prices sag back." He continued: "The nimble traders who took daily profits keep their winnings, the quant funds make back their losses, and the losers are less nimble day traders and medium or long-term investors who overpaid for junk." Overall retail participation in the US stock market has steadily increased, but a showdown is looming next month. Seasonal headwinds could test the resilience of the day traders and end their summer winning streak over the professional money managers.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store