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Creditors divided as StrongRoom sale D-day arrives
Creditors divided as StrongRoom sale D-day arrives

AU Financial Review

time04-06-2025

  • Business
  • AU Financial Review

Creditors divided as StrongRoom sale D-day arrives

The fate of allegedly fraudulent Melbourne pharmacy software start-up StrongRoom AI will be decided in a high-stakes creditors' meeting on Thursday with administrators opposing the sale of the business to an early investor, after uncovering irregularities in the company's books. Administrators, HLB Mann Judd, favour a liquidation and asset sale to Brisbane-based pharmacy entrepreneur Joe Zhou for $3 million, in a deal that is also supported by StrongRoom's lead venture capital backer EVP.

Sungrow Named Australia's No.1 Inverter and Residential Battery Manufacturer for 2024
Sungrow Named Australia's No.1 Inverter and Residential Battery Manufacturer for 2024

Korea Herald

time06-05-2025

  • Business
  • Korea Herald

Sungrow Named Australia's No.1 Inverter and Residential Battery Manufacturer for 2024

SYDNEY, May 6, 2025 /PRNewswire/ -- Sungrow, a global leading PV inverter and energy storage system provider, has been officially recognised as the No.1 Inverter Manufacturer and No.1 Residential Battery Manufacturer in Australia for 2024, according to the latest rankings released by SunWiz, a leading Australian solar industry authority. This recognition, announced in early 2025 and based on SunWiz's comprehensive analysis of 2024 Australian market installation data, reflects Sungrow's continued leadership in one of the world's most competitive renewable energy markets. The annual rankings highlight the trust and confidence that Australian distributors, installers, and end-users place in Sungrow's technology, reliability, and local support. Reaching the top across both categories is not just a milestone — it's a testament to Sungrow's long-term commitment to the Australian market and its strong channel partnerships. In a rapidly evolving energy landscape, sustained leadership requires not only world-class products but deep investment in service infrastructure, innovation, and collaboration. " With 12 years in the Australian market, Sungrow has delivered over 400,000 systems, powering Aussie families and businesses. Thank you for your ongoing trust and support. Backed by strong local service and a proven track record, Sungrow will continue to bring clean, reliable energy to homes and businesses across the country," said Joe Zhou, Country Director of Sungrow Australia. Looking ahead, Sungrow will continue delivering high-performance, safe, and sustainable energy solutions tailored to local needs — helping drive Australia's transition to a cleaner, more resilient energy system. About Sungrow Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of December 2024, Sungrow has installed 740 GW of power electronic converters worldwide. The Company is recognized as the world's No. 1 on PV inverter shipments (S&P Global Commodity Insights) and the world's most bankable energy storage company (BloombergNEF). Its innovations power clean energy projects in over 180 countries, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we're committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit:

Sungrow Named Australia's No.1 Inverter and Residential Battery Manufacturer for 2024
Sungrow Named Australia's No.1 Inverter and Residential Battery Manufacturer for 2024

Malaysian Reserve

time06-05-2025

  • Business
  • Malaysian Reserve

Sungrow Named Australia's No.1 Inverter and Residential Battery Manufacturer for 2024

SYDNEY, May 6, 2025 /PRNewswire/ — Sungrow, a global leading PV inverter and energy storage system provider, has been officially recognised as the No.1 Inverter Manufacturer and No.1 Residential Battery Manufacturer in Australia for 2024, according to the latest rankings released by SunWiz, a leading Australian solar industry authority. This recognition, announced in early 2025 and based on SunWiz's comprehensive analysis of 2024 Australian market installation data, reflects Sungrow's continued leadership in one of the world's most competitive renewable energy markets. The annual rankings highlight the trust and confidence that Australian distributors, installers, and end-users place in Sungrow's technology, reliability, and local support. Reaching the top across both categories is not just a milestone — it's a testament to Sungrow's long-term commitment to the Australian market and its strong channel partnerships. In a rapidly evolving energy landscape, sustained leadership requires not only world-class products but deep investment in service infrastructure, innovation, and collaboration. 'With 12 years in the Australian market, Sungrow has delivered over 400,000 systems, powering Aussie families and businesses. Thank you for your ongoing trust and support. Backed by strong local service and a proven track record, Sungrow will continue to bring clean, reliable energy to homes and businesses across the country,' said Joe Zhou, Country Director of Sungrow Australia. Looking ahead, Sungrow will continue delivering high-performance, safe, and sustainable energy solutions tailored to local needs — helping drive Australia's transition to a cleaner, more resilient energy system. About Sungrow Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of December 2024, Sungrow has installed 740 GW of power electronic converters worldwide. The Company is recognized as the world's No. 1 on PV inverter shipments (S&P Global Commodity Insights) and the world's most bankable energy storage company (BloombergNEF). Its innovations power clean energy projects in over 180 countries, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we're committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit:

Sungrow Named Australia's No.1 Inverter and Residential Battery Manufacturer for 2024
Sungrow Named Australia's No.1 Inverter and Residential Battery Manufacturer for 2024

Yahoo

time06-05-2025

  • Business
  • Yahoo

Sungrow Named Australia's No.1 Inverter and Residential Battery Manufacturer for 2024

SYDNEY, May 6, 2025 /PRNewswire/ -- Sungrow, a global leading PV inverter and energy storage system provider, has been officially recognised as the No.1 Inverter Manufacturer and No.1 Residential Battery Manufacturer in Australia for 2024, according to the latest rankings released by SunWiz, a leading Australian solar industry authority. This recognition, announced in early 2025 and based on SunWiz's comprehensive analysis of 2024 Australian market installation data, reflects Sungrow's continued leadership in one of the world's most competitive renewable energy markets. The annual rankings highlight the trust and confidence that Australian distributors, installers, and end-users place in Sungrow's technology, reliability, and local support. Reaching the top across both categories is not just a milestone — it's a testament to Sungrow's long-term commitment to the Australian market and its strong channel partnerships. In a rapidly evolving energy landscape, sustained leadership requires not only world-class products but deep investment in service infrastructure, innovation, and collaboration. "With 12 years in the Australian market, Sungrow has delivered over 400,000 systems, powering Aussie families and businesses. Thank you for your ongoing trust and support. Backed by strong local service and a proven track record, Sungrow will continue to bring clean, reliable energy to homes and businesses across the country," said Joe Zhou, Country Director of Sungrow Australia. Looking ahead, Sungrow will continue delivering high-performance, safe, and sustainable energy solutions tailored to local needs — helping drive Australia's transition to a cleaner, more resilient energy system. About Sungrow Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of December 2024, Sungrow has installed 740 GW of power electronic converters worldwide. The Company is recognized as the world's No. 1 on PV inverter shipments (S&P Global Commodity Insights) and the world's most bankable energy storage company (BloombergNEF). Its innovations power clean energy projects in over 180 countries, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we're committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: View original content to download multimedia: SOURCE Sungrow

Total Grid Orchestration Alliance Launches First Whitepaper in Conjunction With Its Second Annual Summit
Total Grid Orchestration Alliance Launches First Whitepaper in Conjunction With Its Second Annual Summit

Yahoo

time05-03-2025

  • Business
  • Yahoo

Total Grid Orchestration Alliance Launches First Whitepaper in Conjunction With Its Second Annual Summit

The alliance adds several new members, collectively serving nearly 6M customers across North America OVERLAND PARK, Kan., March 05, 2025--(BUSINESS WIRE)--After its public launch in last September, the Total Grid Orchestration (TGO) Alliance — a collaboration of utilities and technology companies — has launched its first whitepaper, in conjunction with its second annual summit of 40 industry professionals. The Alliance has also welcomed several new members, including Gridient, Survalent, Synergy North and Unitil, among others. The summit — which took place in late February at Black & Veatch's World Headquarters in Overland Park, Kansas — centered on discussion around pressing industry updates and their impacts on grid orchestration and TGO Alliance objectives, including impacts of artificial intelligence, load growth, and a shifting energy transition landscape. "The summit is a critical event for the TGO Alliance, where members are given the opportunity to discuss the challenges the industry is facing and put their minds together to collaborate on ideas and solutions to advance grid orchestration," said Guillaume Paradis, chief operating officer, distribution and generation, Hydro Ottawa Holding Inc. and co-chair of the TGO Alliance. "The progress this group has made since its inception has been notable and further cements my conviction that we can spur progress towards reliable and resilient solutions for customers across North America." The Alliance has also released a position paper outlining the challenges facing the industry and opportunities to advance Total Grid Orchestration capabilities. The report, Advancing Total Grid Orchestration for a Resilient Energy Future, highlights the impact of artificial intelligence (AI) in the energy industry, along with the TGO Alliance's work towards affordability, safety and security risk reduction, resiliency, and reliability. The paper positions the Alliance's motivations to drive a comprehensive framework for optimizing energy generation, storage, and distribution in real-time by addressing Total Grid Orchestration capabilities. "Establishing the TGO Alliance's role in the industry through this paper solidifies the objectives this team is working towards. Every company involved understands the importance of what this alliance is doing," said Joe Zhou, vice president and senior managing director for Black & Veatch, and co-chair of the TGO Alliance. "Between the utilities and the technology companies, the TGO Alliance is tasked with progressing toward a more sustainable and resilient energy future, while addressing the challenges in aging infrastructure, rapid supply and demand shift, and complex technology transformations." TGO Alliance's collective members serve nearly 6M customers across North America, with utility and vendor coverage across five separate regions. In addition to utilities, the Alliance has six participating technology members. Editor's Notes: To read the full position paper, click the link here. To speak with a TGO Alliance member at DistribuTECH, please reach out to media@ About the Total Grid Orchestration Alliance The Total Grid Orchestration (TGO) Alliance is a collaborative effort to drive the transition to a sustainable and resilient energy future. Members of the TGO Alliance include utilities and technology companies that share the vision of orchestrating the grid to deliver the energy transition. The alliance aims to optimize the electric grid through system-wide coordination, situational awareness and risk management across the entire grid. By bridging traditional boundaries of generation, transmission and distribution in the power sector, the TGO Alliance seeks to reduce system inefficiencies and deliver better outcomes for customers. The TGO Alliance is committed to supporting the energy transition and ensuring a reliable and sustainable grid for communities and businesses around the world. To learn more and see the full list of TGO Alliance members, visit Member Quotes: Gridient"As energy assets become increasingly decentralized, there is an urgent need to modernize legacy grid operation and planning practices for a more resilient and adaptive energy future," said Amin Khodaei, co-founder and CEO of Gridient. "The TGO Alliance leverages cutting-edge technology and collective expertise to enable a more dynamic grid through enhanced grid orchestration. Gridient is thrilled to collaborate with the alliance partners in driving meaningful impact and innovation in reshaping the grid." PUC Services Inc."PUC is excited to be a contributing member to the Total Grid Orchestration (TGO) Alliance, understanding the ongoing energy transition and the global commitment and innovative thinking required to adapt," said Rob Brewer, chief executive officer of PUC Services Inc. "As the electrical grid experiences changes at an accelerated rate, TGO's collaboration with other utilities to identify creative solutions aligns with PUC's vision of aligning communities through curiosity and innovation. PUC is excited to contribute from a Transmission and Distribution level to manage power in an efficient manner." Survalent"The increasing complexity of grid operations demands a new level of coordination, intelligence, and adaptability. By bringing together utilities and technology leaders, the TGO Alliance is fostering a collaborative ecosystem where operational data can be leveraged for proactive decision-making and real-time responsiveness. At Survalent, we see this as a pivotal moment to advance Total Grid Orchestration with AI-driven insights, helping utilities navigate the energy transition while ensuring safety, reliability, and efficiency." -Young Ngo, CTO, Survalent. ThinkLabs"An integrated grid is the fabric of the energy transition. We must go beyond traditional silos and orchestrate across generation, transmission, distribution, and distributed resources, as well as through enterprise planning, operations, and distributed intelligence. We're excited at the work of the TGO Alliance to lead the way towards grid reliability, efficiency, sustainability, and affordability." - Josh Wong, CEO, ThinkLabs View source version on Contacts Media Contact Information: Black & Veatch: BRUCE ERIC ANDERSON | +1 952-896-0835 | Media@ Hydro Ottawa Limited: Media Line: Tel: 613-738-5499, ext. 2345 Email: mediarelations@ Sign in to access your portfolio

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