Latest news with #Potentia
1News
an hour ago
- Business
- 1News
Student interest in tech declines as digital talent demand soars
School students' interest in technology subjects is declining across New Zealand, despite the job market being hungrier than ever for digitally skilled workers — especially in artificial intelligence. The latest NCEA data showed a 10.4% decrease in those taking up tech subjects such as computer science, programming, digital design, and electronics in Year 11. The trend emerged even as 92% of New Zealand jobs now required digital expertise, with a demand for AI, cloud computing, cyber security and data analysis skills on the rise. New Zealand's AI industry was expected to hit $206 million this year. Potentia director of customer Julian Lambert said there had been a 300% increase in AI related roles on job marketplaces such as Seek and Trade Me in the last few years. ADVERTISEMENT "Kids don't really know what technology jobs look like for the future with the interventions of AI and what's going to steal the responsibilities they might have formerly had within those jobs." Despite the decrease, some schools were working to reverse the trend. At Papakura High School, students were embracing Mission Read, a programme designed to demystify careers in tech and provide pathways, particularly to underrepresented communities. Deputy principal Rebecca McGrath said pathways into tech "aren't yet visible" for a lot of students. "For young people like ours, who are predominantly Māori and Pasifika, we don't have the same representation in tech." Women were also underrepresented with just 39% of students earning NCEA tech qualifications being female. At the university level, the gap widened with only 22% of IT graduates being women. Mission Ready candidate recruitment adviser Jayda Felix-Mounlath said there was a myth about having to be a certain type of person. "You feel a bit like a unicorn, sometimes you just need that one opportunity to say, 'hey, why don't you give this a go'?"
Yahoo
26-04-2025
- Entertainment
- Yahoo
Federal Frenzy returns with two days of entertainment
YOUNGSTOWN, Ohio (WKBN) — It's Federal Frenzy weekend in downtown Youngstown, and for the first time in its 11-year history, the YSU-sponsored event is a two-day affair. There will be a total of 31 bands at four venues over two nights. The Youngstown-based band Potentia opened night one of Federal Frenzy, which was held at Penguin City Brewing. Saturday night, Federal Frenzy moves to the heart of downtown. 'Every year for Federal Frenzy, we went to go bigger and better than the year before and our solution this year was to make it two days. Get more bands, more vendors, more people,' said organizer Ally Wright. Saturday, Federal Frenzy begins at 2:15 p.m. with the band NegativeZen on an indoor stage at The Federal. There will be four stages downtown — two indoor and two outdoor. The last band starts at 10 p.m. It's Ultra Q on the main outdoor stage at West Federal and Phelps. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
06-02-2025
- Business
- Yahoo
Potentia Energy buys major Australian renewable energy assets
By Scott Murdoch SYDNEY (Reuters) - Potentia Energy, a joint venture between Italy's Enel Green Power and Japan's INPEX Corp, said Thursday it would buy controlling stakes in 1 gigawatts' worth of renewable energy projects in Australia from private equity and superannuation fund investors. Potentia said the purchase included 700 megawatts of wind and solar assets, and 430 megawatts of late-stage development projects consisting of the South Australian and Queensland Battery Energy Storage system. A West Australian wind farm is also part of that portfolio, the company said. Potentia has operated in Australia for eight years, it added. The assets had been owned by private equity group CVC's infrastructure arm, CVC DIF, and Australian pension fund Cbus Super. Cbus has nearly A$100 billion in funds under management, according to its website. The sale is worth about $A1 billion, according to local media reports. It requires Foreign Investment Review Board approval. Potentia has 309 megawatts of solar capacity in the Australian states of South Australia and Victoria, and a 75 megawatt wind farm in Western Australia, the company said. It said it was also building a 98 megawatt solar and 20 megawatt battery hybrid project in New South Wales, and has commissioned a 93 megawatt solar farm in Victoria.
Reuters
06-02-2025
- Business
- Reuters
Potentia Energy buys major Australian renewable energy assets
SYDNEY, Feb 6 (Reuters) - Potentia Energy, a joint venture between Italy's Enel Green Power and Japan's INPEX Corp (1605.T), opens new tab, said Thursday it would buy controlling stakes in 1 gigawatts' worth of renewable energy projects in Australia from private equity and superannuation fund investors. Potentia said the purchase included 700 megawatts of wind and solar assets, and 430 megawatts of late-stage development projects consisting of the South Australian and Queensland Battery Energy Storage system. A West Australian wind farm is also part of that portfolio, the company said. Potentia has operated in Australia for eight years, it added. The assets had been owned by private equity group CVC's infrastructure arm, CVC DIF, and Australian pension fund Cbus Super. Cbus has nearly A$100 billion in funds under management, according to its website. The sale is worth about $A1 billion, according to local media reports. It requires Foreign Investment Review Board approval. Potentia has 309 megawatts of solar capacity in the Australian states of South Australia and Victoria, and a 75 megawatt wind farm in Western Australia, the company said. It said it was also building a 98 megawatt solar and 20 megawatt battery hybrid project in New South Wales, and has commissioned a 93 megawatt solar farm in Victoria.
