Latest news with #EQSNewswire
The Sun
a day ago
- Business
- The Sun
Unity Group Unveils World's First ESG Light Certified for Carbon Credits, Delivering Nearly 90% Energy Savings
HONG KONG SAR - EQS Newswire - 9 June 2025 - As sustainable development continues to gain momentum worldwide, the carbon emissions market presents immense growth potential. Hong Kong-listed Unity Group Holdings International Ltd (Unity) ( recently unveiled the world's first ESG Light certified for carbon credits. Its continued promotion will support global sustainability efforts while unlocking substantial growth opportunities for the company. Unveiling World's First ESG Carbon-Credit Light At the Carbon Credit and ESG Ecosystem 2025 Conference held at Universiti Putra Malaysia, Synergy ESCO, the Malaysian subsidiary of Unity Group, unveiled the world's first ESG Light certified for carbon credit eligibility. Appearing like a conventional lighting fixture, the ESG Light integrates advanced energy-saving technologies, offering ultra-high energy efficiency and an exceptionally long lifespan. Operating at 4.5 watts, it delivers an estimated 89% energy savings compared to traditional lighting. Its projected lifespan is 180,000 hours. It could function for approximately 40 years based on 12 hours of daily use. Its greatest advantage is to generate carbon credits. Synergy can claim corresponding carbon emission rights and trade them in the carbon market, making such product a valuable financial asset. Unity Group plans to partner with the Selangor State Government in Malaysia on the Green One Day community programme, retrofitting 6,000 apartment units with its ESG Lights. It is expected to reduce carbon emissions by approximately 25 million tons of CO₂, equivalent to the carbon absorption capacity of 630 million trees. Over the next decade, Unity Group stands to benefit from the ongoing generation of carbon credits under this project. Unity Group operates across a range of sectors, including independent energy-saving solutions, renewable energy, and ESG-driven digital vertical indoor farming. It is also the first company to implement carbon credit management. Through the promotion of such product, it is driving large-scale energy savings and emissions reductions, while generating revenue through carbon trading. The launch of this light marks an important milestone for Unity Group. Expanding Multi-Sector Adoption to Advance Sustainable Development The concept of sustainable development is gaining widespread momentum. To meet their sustainability goals, countries are ramping up efforts to promote and adopt a variety of energy-saving and emission-reduction technologies and products. Take China for example,clean energy sources like wind and solar power are experiencing rapid growth. In the first quarter of this year, the installed capacity of wind and solar energy surpassed that of coal-fired power for the first time. Malaysia has also set a net-zero emission target, committing to achieving carbon neutrality by 2050. It is working to significantly increase its share of renewable energy consumption to meet this goal. In February 2022, Unity Group undertook a large-scale energy-saving project in Selangor, Malaysia. It aimed to improve lighting efficiency in residential buildings by installing ultra-high-efficiency lighting systems. The total energy savings generated during the contract term will be converted into revenue. Besides, Unity Group plans to integrate its ESG Lights into digital ESG agriculture. This project is expected to cut energy consumption by 70% while increasing crop yields tenfold. Once this model is implemented, it will unlock significant growth potential for Unity Group. Adoption of related products across various sectors will also contribute to global sustainable development. Today, Unity Group's operations span Malaysia, Chinese Mainland, Hong Kong, Japan, Indonesia, the Middle East, South Africa, and other regions. Unity Group is also actively pursuing a listing in Malaysia, which could make it the first Hong Kong-listed firm to achieve such a dual listing in Malaysia.
The Sun
a day ago
- Business
- The Sun
Unity Group Launches First ESG Light Certified for Carbon Credits, Delivering 90% Energy Savings
HONG KONG SAR - EQS Newswire - 9 June 2025 - As sustainable development continues to gain momentum worldwide, the carbon emissions market presents immense growth potential. Hong Kong-listed Unity Group Holdings International Ltd (Unity) ( recently unveiled the world's first ESG Light certified for carbon credits. Its continued promotion will support global sustainability efforts while unlocking substantial growth opportunities for the company. Unveiling World's First ESG Carbon-Credit Light At the Carbon Credit and ESG Ecosystem 2025 Conference held at Universiti Putra Malaysia, Synergy ESCO, the Malaysian subsidiary of Unity Group, unveiled the world's first ESG Light certified for carbon credit eligibility. Appearing like a conventional lighting fixture, the ESG Light integrates advanced energy-saving technologies, offering ultra-high energy efficiency and an exceptionally long lifespan. Operating at 4.5 watts, it delivers an estimated 89% energy savings compared to traditional lighting. Its projected lifespan is 180,000 hours. It could function for approximately 40 years based on 12 hours of daily use. Its greatest advantage is to generate carbon credits. Synergy can claim corresponding carbon emission rights and trade them in the carbon market, making such product a valuable financial asset. Unity Group plans to partner with the Selangor State Government in Malaysia on the Green One Day community programme, retrofitting 6,000 apartment units with its ESG Lights. It is expected to reduce carbon emissions by approximately 25 million tons of CO₂, equivalent to the carbon absorption capacity of 630 million trees. Over the next decade, Unity Group stands to benefit from the ongoing generation of carbon credits under this project. Unity Group operates across a range of sectors, including independent energy-saving solutions, renewable energy, and ESG-driven digital vertical indoor farming. It is also the first company to implement carbon credit management. Through the promotion of such product, it is driving large-scale energy savings and emissions reductions, while generating revenue through carbon trading. The launch of this light marks an important milestone for Unity Group. Expanding Multi-Sector Adoption to Advance Sustainable Development The concept of sustainable development is gaining widespread momentum. To meet their sustainability goals, countries are ramping up efforts to promote and adopt a variety of energy-saving and emission-reduction technologies and products. Take China for example,clean energy sources like wind and solar power are experiencing rapid growth. In the first quarter of this year, the installed capacity of wind and solar energy surpassed that of coal-fired power for the first time. Malaysia has also set a net-zero emission target, committing to achieving carbon neutrality by 2050. It is working to significantly increase its share of renewable energy consumption to meet this goal. In February 2022, Unity Group undertook a large-scale energy-saving project in Selangor, Malaysia. It aimed to improve lighting efficiency in residential buildings by installing ultra-high-efficiency lighting systems. The total energy savings generated during the contract term will be converted into revenue. Besides, Unity Group plans to integrate its ESG Lights into digital ESG agriculture. This project is expected to cut energy consumption by 70% while increasing crop yields tenfold. Once this model is implemented, it will unlock significant growth potential for Unity Group. Adoption of related products across various sectors will also contribute to global sustainable development. Today, Unity Group's operations span Malaysia, Chinese Mainland, Hong Kong, Japan, Indonesia, the Middle East, South Africa, and other regions. Unity Group is also actively pursuing a listing in Malaysia, which could make it the first Hong Kong-listed firm to achieve such a dual listing in Malaysia. Hashtag: #UnityGroup The issuer is solely responsible for the content of this announcement.
The Sun
29-05-2025
- Business
- The Sun
Alpha Augmented Services Expands Global Network with Strategic Partnership in China
• 24/7 customer support across all time zones • Tailored solutions for international logistics hotspots • Alpha Augmented Services accelerates global expansion strategy ZUG, SWITZERLAND - EQS Newswire - 28 May 2025 - Alpha Augmented Services AG (Alpha Augmented Services), a global pioneer in software-driven supply chain optimization, continues to accelerate its global growth. The company has entered into a strategic partnership with a strong local partner in Shenzhen, China. In addition to establishing a presence in this rapidly growing economic hub—China's third-largest city—Alpha Augmented Services is now also operating through offices in Hong Kong and Singapore. Massimo Rossetti, CEO and Co-Founder of Alpha Augmented Services, stated: 'Shenzhen is an international logistics hub that plays a critical role in both Asian and global trade. It is also home to some of the world's largest corporations, such as Foxconn, Huawei, and BYD, with major production facilities. Transport optimization is a significant competitive advantage—just as it is across the globe.' With the addition of its Chinese partner, Alpha Augmented Services completes its global footprint. With locations in China, Singapore, Vietnam, India, Bahrain, Dubai, Europe, and the United States, the company now offers 24/7 customer support across all time zones. On-site service ensures the company's internationally award-winning SaaS solution for full supply chain optimization delivers consistently high performance. At the same time, local expertise in regulatory and logistical requirements ensures that customers receive tailored, region-specific solutions. Laurin Paech, CTO and CIO of Alpha Augmented Services, emphasized: 'Global logistics never sleeps. And we're prepared for that—we support our customers worldwide. We grow with our clients' demand. Our global network enables us to provide local service teams in native languages and offer every customer the exact SaaS solution they need. That's what sets Alpha Augmented Services apart and makes us a trusted partner for large and multinational enterprises seeking a global approach backed by regional expertise and on-the-ground presence.' Building on a rapidly growing international customer base, Alpha Augmented Services expects the new partnership to significantly accelerate its business development in the Asian region. The Chinese partner brings a high-caliber network of contacts with top-level decision-makers and influencers across Asia into the collaboration. Massimo Rossetti added: 'Our strategy is global, our SaaS solution is global—so of course, our presence must be global as well. Now, more than ever, it is. Naturally, we aim to grow our international locations, and we will continue to expand our network regionally where it makes strategic sense. Currently, we are working with numerous well-known clients, primarily from Europe and North America, and onboarding new ones. Asia represents a key growth region for Alpha Augmented Services, where we intend to further accelerate our expansion.'
The Sun
14-05-2025
- Automotive
- The Sun
Main Roads Western Australia tests connected vehicle technology to increase road safety
• Trial conducted in cooperation with Kapsch TrafficCom • Future use cases include school zone warnings, road works warnings MELBOURNE, AUSTRALIA - EQS Newswire - 15 May 2025 – Main Roads Western Australia and Kapsch TrafficCom have successfully conducted a trial of connected vehicle technology on roads in Western Australia. Tested on roads in Perth in early February, the trial successfully demonstrated that both the technology called C-ITS (Co-operative intelligent transport systems) and the road infrastructure of Western Australia are ready for a wide-spread deployment of the technology that is set to make Australian roads safer and more efficient. Mehdi Langroudi, Executive Director Network Operations, Main Roads Western Australia, comments: 'Our C-ITS Roadmap and C-ITS trials will assist in realising our goals for improving safety, productivity, mobility, and sustainability for Western Australians for generations to come. Together with the industry, we look forward to supporting the implementation of a nationally harmonised C-ITS ecosystem across the Western Australian road network to enhance safety, movement, regional resilience, and enable future vehicle technology.' The purpose of the trial was to show that Western Australia is well-prepared for the future of mobility, and that the technology can be deployed effectively along the 128,000km of roads across the region, in alignment with national plans for connected vehicles and increased road safety. What is Connected Vehicle technology? 'Connected vehicles technology allows vehicles, infrastructure and traffic operators to share critical information quickly and directly,' explains Daniel Vazquez, EVP APAC at Kapsch TrafficCom. 'That way, we can send alerts, for example about upcoming school zones or road works areas, directly into cars, improving safety for all traffic participants. In other tests, this technology has shown potential to reduce fatalities and serious accidents by up to 20%.' The technology can be used to deliver critical information to drivers directly into their vehicles or onto their smartphones, allowing a more direct and immediate way of providing safety-relevant alerts to drivers, for example about changing weather conditions, vulnerable road user warnings or obstacles on the road. Globally, countries like Germany, Ireland and the US are investing heavily in the technology, with Germany currently rolling out road works warnings across 13,000km of highways, with further use cases to come. More information: Press | Kapsch TrafficCom Kapsch TrafficCom is a globally renowned provider of transportation solutions for sustainable mobility with successful projects in more than 50 countries. Innovative solutions in the application fields of tolling, tolling services, traffic management and demand management contribute to a healthy world without congestion. With one-stop-shop-solutions, the company covers the entire value chain of customers, from components to design and implementation to the operation of systems. Kapsch TrafficCom, headquartered in Vienna, has subsidiaries and branches in more than 25 countries and is listed in the Prime Market segment of the Vienna Stock Exchange (ticker symbol: KTCG). In its 2023/24 financial year, about 4,000 employees generated revenues of EUR 539 million.
Bahrain News Gazette
10-04-2025
- Business
- Bahrain News Gazette
Zimbabwe Government Delivers on Commitment: Compensation of Former Farm Owners Under the Global Compensation Deed Commences
In February 2025, Government disbursed US$20 million towards compensation of investors protected by Bilateral Investment Promotion and Protection Agreement whose farms were affected by the 2000 Land Reform programme HARARE, ZIMBABWE – EQS Newswire – 10 April 2025 – Zimbabwe Government has started fulfilling its commitment to compensate Former Farm Owners (FFOs) claims under the Global Compensation Deed (GCD) signed in 2020. To date, 740 farms have been approved for compensation. In this regard, Government disbursed US$3.1 million for the first batch of 378 processed farms. This amount is 1 per cent of the total compensation claim value of US$311 million. Government has also issued Treasury bonds amounting to US$ 308 million for the first batch of farmers. FFOs receive 1 per cent of their claim in cash, with the balance being paid through US$ denominated Treasury bonds with a 2 per cent coupon and maturities of 2 to 10 years. Government allocated US$10 million in the 2025 National Budget for the compensation of FFOs under the GCD. Zimbabwe's Minister of Finance, Economic Development, and Investment Promotion, Hon. Prof. Mthuli Ncube, reaffirmed the Government's commitment to reforms aimed at clearing the country's arrears and resolving its debt burden, emphasizing that 'payments to FFOs will continue.' ' Monday 24 March 2025 saw the first US Dollar Cash payments due under this plan being paid to the signed up FFOs,' said Mr. Andrew. J. Pascoe, Chairperson of the Compensation Steering Committee. Mr. Pascoe thanked His Excellency, President Dr. E.D Mnangagwa for upholding the commitment to compensate FFOs for improvements on farms acquired under the Fast Track Land Reform Programme more than 20 years ago. He believes this move ' will attract and strengthen the local, regional and international goodwill that will be vital for the success of the country's current Arrears Clearance and Debt Resolution Process.' UNDP Resident Representative Dr. Ayodele Odusola welcomed the progress made under the GCD framework and expressed commitment 'to supporting a transparent, inclusive, and sustainable process that contributes to economic recovery and re-engagement .' Ambassador of Switzerland to Zimbabwe, H.E. Stéphane Rey said; 'These initial payments are a step in the right direction and hopefully more farmers will come forward to seek compensation based on this development.' This compensation marks another historic milestone. In February 2025, Government disbursed US$20 million towards compensation of investors protected by Bilateral Investment Promotion and Protection Agreement whose farms were affected by the 2000 Land Reform programme. Both milestones are key as Zimbabwe seeks to clear its arrears, restore debt sustainability, and unlock new concessional external financing to achieve its development goals. Zimbabwe further calls for support from partners to complement its efforts. Distributed by APO Group on behalf of Zimbabwe's Ministry of Finance, Economic Development and Investment Promotion. Download Image (1): (Zimbabwe President H.E Emmerson D Mnangagwa flanked by Zims Finance Minister Ncube Afdb President Dr. A.A. Adesina Ambassador Nuno) Download Image (2): (Zimbabwes Finance Minister Hon. Prof Mthuli Ncube) Download Image (3): (President of Zimbabwe. H.E Emmerson D. Mnangagwa) Additional Link (1): Additional Link (2): Download Audio: Download Presentation: Download Video:
