Latest news with #Transforming
Daily Express
05-05-2025
- Business
- Daily Express
Renewable Energy Certs an option: Expert
Published on: Monday, May 05, 2025 Published on: Mon, May 05, 2025 By: Sherell Jeffrey Text Size: Nirinder and Nazliyah. Kota Kinabalu: Sabah's clean energy transition is not only benefiting the environment but could also create new economic opportunities through carbon credits and renewable energy certificates, according to electrical engineer, Nirinder Singh Johl. 'With the second-lowest carbon emissions from electricity in Malaysia, Sabah is well-positioned to capitalise on its cleaner energy mix, particularly as global businesses increasingly look to reduce their carbon footprint,' he said at the at the inaugural Sabah Renewable Energy Conference 2025's Panel Session 2 titled Overcoming Hurdles and Transforming Tomorrow: Sabah's Renewable Energy Transition Strategies. 'There has been a new standard on carbon credits for grid-connected energy storage. Probably Sabah could explore that,' he said, adding that it gives a bit of financial sense to having storage. The Asia CarbonX Change PLT Chief Executive Officer pointed out Sabah's environmental advantage, noting the significant difference in carbon emissions compared to Peninsular Malaysia. 'Peninsula is 0.75 tons of CO2 per megawatt. We do not have coal here. We took a chance, a stand some time ago as a result of which the grid emission factor of Sabah is 0.55 and Sarawak obviously lowest, 0.19,' he said. Renewable Energy Certificates (RECs) represent another opportunity for funding clean energy projects in the State. Nirinder described these as the block chain for the green market. 'Every time you generate one megawatt hour, you stop conventional energy production with the same amount. The one from renewable does not have carbon in it. 'REC is basically the currency for the renewable energy market,' he said. For Sabah to fully participate in this market, he suggested developing a local certification system. 'If Sabah wants to go, probably Sabah needs to have an issuer, a Sabah issuer or probably in Malaysia, we call it M-VAX. We call it S-VAX for Sabah issuer. This is how you brand yourself,' he said. He said the financial incentives are substantial, with RECs commanding different prices depending on market maturity and regulatory requirements. 'Solar RECs in Peninsular Malaysia cost USD5, while in Singapore they command USD65 due to their carbon market and compliance requirements. 'When taxation comes in here, the prices of RECs will go up, making it perfect sense to include in your financial model,' he said. Among his recommendations for Sabah's renewable energy development was aligning power purchase agreements with the actual lifespan of energy plants. 'If the economic life of a solar plant is 25 years, give them 25 years. A hydro is 32 years, then give them 33 years,' he said. Meanwhile, Talent Corporation Malaysia Berhad Sector Head of Industry Partnership Nazliyah Mohd Ali said the expansion of renewable energy is also creating demand for workers with specialised skills. 'Last year, we conducted 10 sectors of impact study for Artificial Intelligence, digital and green economy to understand what the impact to the Malaysian workforce is,' she said. 'Based on the findings, we understand that there is a need for energy-related skills like energy economists, energy traders, all those things are moving forward for the next three to five years. 'Based on the National Energy Transition Roadmap, we know that there are a need for 62,000 professionals in green technology, green field,' she said. To bridge the skills gap, TalentCorp has come up with the MyMahir Future Skills Talent Council and developed tailored programs. 'We developed curated programs, which are very much according to what industry wants. We want to see what the skills gap from the fresh graduate are and see what we can do to fit in the gap in terms of the skills,' she said. For those interested in exploring these career paths, she pointed to available resources online. 'This study, the impact study is actually available online. You can go to and you can actually download this copy. 'We have another separate platform for secondary and primary schools. If you have children, you can go to our platform and they can see interactive videos to understand what is actually done in layman terms for them to learn,' she said. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss. * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Khaleej Times
15-04-2025
- Health
- Khaleej Times
Mediclinic Middle East to participate in Abu Dhabi Global Health Week
Mediclinic subject matter experts will share their views on key issues affecting the healthcare sector Mediclinic Middle East has announced its participation in Abu Dhabi Global Health Week, set to take place from 15-17 April 2025. Mediclinic is one of the UAE's leading private healthcare providers with seven hospitals and a community network of 29 outpatient and day surgery clinics across Abu Dhabi, Al Ain and Dubai. It offers a range of market-leading primary, secondary and tertiary healthcare services including international standard cancer care, robotic surgery, kidney transplantation, IVF, genetic testing and holistic women's healthcare, amongst others. We are looking forward to supporting the event's hosts, the Department of Health - Abu Dhabi, as they lead the way in fostering a sustainable healthcare system and advancing the shift from care to prevention. Abu Dhabi Global Health Week is a premier international gathering that brings together policymakers, industry leaders and innovators to shape the future of healthcare, and Mediclinic is excited to enter the dialogue and contribute to crucial discussions on the most important issues. During the event, Mediclinic's subject matter experts will present at the Mediclinic stand on a range of key topics including: The Digital Health Revolution - Ahmad Awada, Divisional General Manager Digital Health Transformation & Innovation Medical Tourism - Victoria Sander-Perrin, Director of Sales Benefits of Public Private Sector Partnership in Academia – Dr Adrian Stanley, Chief Academic Officer Transforming Radiology: Driving Innovation and Advancing Healthcare - Dr Ramzy Ross, Director Shared Clinical Services Transformation and Innovation AI and Automation in Healthcare - Omar Schoenthaler, Director Data Science, and Raghu Tadikamalla, Group Automation Manager Mediclinic Approach to Cancer Care - Dr Mohanad Diab, Director Cancer Services, Abu Dhabi Wellness - Dr Jacques Kobersy, Chief Medical Officer Mediclinic will also be showcasing its revolutionary new digital health screening booth which offers instant, actionable insights into to users' wellbeing. Investment in this innovative technology demonstrates Mediclinic's position as a leader in preventive, tech-enabled healthcare and its commitment to driving population health and wellness through personalised, data-driven solutions. "Mediclinic has been proud to serve the Abu Dhabi and Al Ain population ever since entering this market in 2016 through the acquisition of the Al Noor Hospitals Group. Through investment in expansion projects, more details of which we will announce during Abu Dhabi Global Health Week, we are looking to further improve the level of healthcare for patients in Abu Dhabi, and we are committed to contributing to a healthier future by aligning with the forward-thinking initiatives of the Department of Health," said Hein van Eck, CEO of Mediclinic Middle East.
Yahoo
01-04-2025
- Business
- Yahoo
New K-8 school in East Knoxville is one step closer to reality after property swap
The site of the former Rule High School in Lonsdale is one step closer to welcoming students again. The Knox County Commission on March 31 approved an agreement with Knox County Schools to hand off the vacant property so KCS can build a new K-8 school in its place. In return, Knox County gets the Beaumont Magnet Academy and the Maynard Elementary School. Those schools will close, and students will instead attend the new K-8 school KCS will build at the Rule School site at 1919 Vermont Ave in Lonsdale. Construction is expected to begin in the summer of 2026 and be completed by 2028. Plans for the new school are moving along as the Beaumont, Lonsdale and Mechanicsville neighborhoods prepare for an influx of students. In 2022, Knoxville received a $40 million federal grant for its Transforming Western Heights project, an affordable housing development that is projected to be home to 400 school-age kids. The development will add 740 low- and mixed-income homes to the neighborhood northwest of downtown., The new school also will fix atypical school zones where peer groups in the Mechanicsville, Lonsdale and Beaumont communities are split up as they progress through elementary, middle and high school. Students who now attend Beaumont Magnet Academy, Maynard, Lonsdale and West View elementary schools are split up to Bearden, Northwest, Whittle Springs or Vine for middle school, which then feed into Central, Fulton and West high schools. There are no standalone middle schools in those neighborhoods, a challenge a new K-8 school could address. KCS allocated $66 million in its capital improvement funds last year in anticipation of a change in the neighborhoods. "When you have a larger school, you have more teachers and more resources," Assistant Superintendent of Operations Garfield Adams said at a Jan. 22 community meeting. A new K-8 school "is a very innovative, creative idea," he said. Under the state's funding formula, money follows individual children. At a bigger school, there would be greater flexibility of programming such as arts and science, Adams said. Beaumont Magnet Academy: current enrollment - 507, projected enrollment by 2029 - 523 Maynard Elementary: current enrollment - 110, projected enrollment by 2029 - 200 Lonsdale Elementary: current enrollment - 547, projected enrollment by 2029 - 357 West View Elementary: current enrollment - 202, projected enrollment by 2029 - 203 Bearden Middle: current enrollment - 1,222, projected enrollment by 2029 - 1,348 Northwest Middle: current enrollment - 797, projected enrollment by 2029 - 1,107 Vine Middle Magnet: current enrollment - 456, projected enrollment by 2029 - 544 Whittle Springs Middle: current enrollment - 458, projected enrollment by 2029 - 439 A new charter school could come in. In exchange for giving KCS the empty Rule School site, Knox County will receive the Beaumont and Maynard buildings and the land they're on. The Tennessee General Assembly passed legislation that requires vacant public school properties to be made available for purchase by charter school sponsors before it can go on the market for everyone else. Former Knox News reporter Areena Arora contributed to this report. Allie Feinberg reports on politics for Knox News. Email her: and follow her on X, formerly known as Twitter, @alliefeinberg. This article originally appeared on Knoxville News Sentinel: Knox County property swap to provide space for new Lonsdale K-8 school
Yahoo
25-02-2025
- Business
- Yahoo
FIS CEO and President Stephanie Ferris Named to CNBC Changemakers List of 50 Women Transforming Business in 2025
Key Facts CNBC's annual Changemakers list highlights women leading and disrupting the business world from within the largest companies, startups and philanthropic organizations. FIS CEO and President Stephanie Ferris is recognized as a role model who has transcended gender barriers and driven meaningful change in her industry, unlocking FIS technology to help bring the world's money into harmony. JACKSONVILLE, Fla., February 24, 2025--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, has announced today that CEO and President Stephanie Ferris was recognized on the CNBC Changemakers list of Women Transforming Business. Each year, this prestigious list honors female leaders who are redefining industries, breaking barriers, and driving lasting change across a variety of business sectors. "I am honored to be recognized by CNBC as one of the women driving significant transformation across their business or industry," said Ferris. "This recognition is a testament not only to my personal journey but also to the incredible team at FIS that has supported our mission to bring harmony to the world's money lifecycle. This client-centric mission is driving meaningful change to those who use and rely on financial services, and I am proud to be part of an industry that continually evolves to meet society's needs. I extend my congratulations to all the other honorees." As the first female CEO in FIS history, Ferris has championed the company's bold transformation strategy. She has redefined how FIS technology enables the seamless movement of money when it's at rest, in motion and at work. Under her visionary leadership, FIS has delivered some of the most modern technology in the financial services industry, introduced AI-driven insights and embedded finance offerings into its solution stack, and rolled out next-generation payment capabilities that help businesses, banks, and developers unlock efficiencies and revenue opportunities. CNBC's annual Changemakers list highlights trailblazing women in the business world who are taking novel approaches to old business problems and identifying new business opportunities while creating a new wave of executives who are transcending gender barriers and serving as role models. Those recognized in the CNBC Changemakers list will be honored at the CNBC Changemakers Summit on Tuesday, April 8, 2025 in Los Angeles, California. About FIS FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor's 500® Index. To learn more, visit Follow FIS on LinkedIn, Facebook and X. View source version on Contacts Kim Snider, 904.438.6278Senior Vice PresidentFIS Global Marketing and Sign in to access your portfolio
