6, Jul 2023
Topsoe Accelerates Global Green Hydrogen Economy with AVEVA Software
Mumbai, India, July 06, 2023– AVEVA, a global leader in industrial software, driving digital transformation and sustainability, has been selected by Topsoe, a leader in carbon emission reduction technologies, helping fast-track development of the decarbonization solutions needed for the production green hydrogen and other carbon neutral fuels. Topsoe will use AVEVA Process Simulation to model its Solid Oxide Electrolyzer Cells (SOECs) with a view to optimizing their design and developing their control strategy.
To achieve global NetZero targets, a rapid decarbonization of all industries is essential, however not all of them can be easily electrified. These industries are often referred to as the hard-to-abate sectors and include heavy transportation such as shipping and aviation but also carbon intensive industries like steel manufacturing and petrochemical production. The challenge is finding and replacing fossil fuels with carbon-free alternatives. This is where Topsoe can help, and by using Topsoe’shighly efficient SOEC based electrolyzers, it’s possible to produce the green hydrogen needed to decarbonize many of these carbon intensive industries. Time is of the essence, and with its flexibility, open modeling, and ease of use, AVEVA Process Simulation is helping accelerate the energy transition by enabling Topsoe’s engineers to design and optimize their electrolyzers with increased speed and efficiency.
Poul Georg Moses, Chief Technology Officer in Power-to-X at Topsoe, said:”Green hydrogen is essential for decarbonizing industries that cannot be easily electrified, and there is no time to waste if we’re to succeed in achieving global NetZero targets. Topsoe is already leading the way by building the world’s largest SOEC electrolyzer manufacturing facility, enabling us to deliver green hydrogen technologies Power-to-X solutions industrial scale. The AVEVA Process Simulation software is a game-changer for us, with its dynamic simulations we’re removing bottlenecks and speeding up the development of our solutions.”
Tobias Scheele, Senior Vice President of Products at AVEVA, said:“We are pleased to expand our deep relationship with Topsoe as the Power-to-X industry develops. The successful energy transition will depend on how quickly industries can deliver low-carbon solutions at scale. We designed AVEVA Process Simulation to accelerate the engineering cycle, so innovations can be executed fast and deliver immediate carbon reductions.”
Topsoe is a long-term AVEVA customer, using AVEVA PRO/II Simulation (formerly PRO/II) and AVEVA Dynamic Simulation (formerly DYNSIM)for decades. The Denmark-headquartered company is now adopting AVEVA Process Simulationso its engineers can design sustainable solutions as the global push towards net-zero emissions spurs demand for green energy products.
Lisa Wee, Global Head of Sustainability at AVEVA, said:“AVEVAis committed to partnering with our customers to deliver a more sustainable and equitable future for all through technology. We recognize that the choices and actions taken in this decade by global industry will have impacts now and for generations to come. We are excited to be able to help accelerate the energy transition through the combination of our software andTopsoe’s innovative technology.”
As of 2021, global electrolyzer manufacturing capacity is insufficient to meet net-zero requirements, according to the International Energy Agency. At present alkaline and proton exchange membraneelectrolyzers account for the majority of production, with less than 0.1% of today’s hydrogen produced through electrolysis. As renewable energy becomes increasingly available at lower costs, Topsoe’s ultra-high-efficiency SOEC electrolyzers help maximize the delivery of clean hydrogen: the units deliver up to 30% more hydrogen from the same electricity volume at a 30% lower cost.
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- By Neel Achary
6, Jul 2023
Bluesphere Ventures Announces Agreement to Acquire Climate Carbon
New York, New York, July 6, 2023 – Bluesphere Ventures, a pioneering venture studio specializing in incubating environmental fintech ventures, today announced its definitive agreement to acquire Climate Carbon, Canada’s leading broker of carbon and renewable energy credits. This acquisition is expected to reshape the industry and accelerate the global adoption of sustainable practices.
Bluesphere’s Chairman, Shidan Gouran, expressed his excitement for the new venture. “Our decision to acquire Climate Carbon was primarily driven by their unmatched market intelligence,” Gouran stated. “Danny Takhar, along with his team of analysts, stands out as the most informed brokerage group in the industry. As clients of Climate Carbon, we have reaped considerable benefits from Danny and his team’s proficiency in price discovery and their expertise in analyzing offset projects. His deep understanding of the environmental credit sector is a significant asset, and we are thrilled to welcome him and his team.”
Danny Takhar, Climate Carbon’s principal, shared his enthusiasm for the acquisition. “With Bluesphere’s resources and commitment to sustainability, I am confident we can enhance our impact,” said Takhar. “This merger will propel us to new heights, enhancing carbon credit accessibility and promoting sustainability globally.”
Following the acquisition, the Bluesphere Carbon Exchange will be assimilated into Climate Carbon and rebranded under the Climate Carbon brand. This move is a crucial step in Bluesphere’s long-term strategy.
Eddie Soleymani, Bluesphere’s CEO, explained the reasoning behind this strategy. “The rebranding of the Bluesphere Carbon Exchange under the Climate Carbon name reflects our commitment to integrating and leveraging the best aspects of both entities. This acquisition represents more than a simple merger; it’s about creating a unified platform that combines the robust technologies and market reach of both companies, thereby propelling a new era of sustainable environmental credit trading.”
The deal is anticipated to close in the third quarter of 2023.
5, Jul 2023
Investors now have responsibility to consider ESG as global temps hit record high
July 5 2023
As global temperatures hit a record high, every investor now has a responsibility to consider environmental, social and governance (ESG) investments, says the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations.
The comments from Nigel Green of deVere Group come as it is revealed that Monday was the world’s hottest day on record, exceeding an average of 17 degrees Celsius (62.6 degrees Fahrenheit) for the first time, according to official measurements taken on Tuesday by US meteorologists.
“This is not a milestone we should be celebrating, it’s a death sentence for people and ecosystems,” said Friederike Otto, a senior lecturer at the Grantham Institute for Climate Change and the Environment.
The deVere CEO says: “The new record high shines a spotlight on the extreme temperatures engulfing the northern hemisphere this summer, and underscores the lack of global progress on tackling climate change – which is the biggest critical issue of our time.
“Monday, 3 July 2023, the hottest day ever recorded globally, must act as a wake-up call that more must urgently be done to battle the worst effect of human-driven environmental issues.
“As such, I believe that every investor now has a responsibility to consider ESG investments.”
But the enormously positive environmental and social impact you can have with ESG investments is not the only reason why you should consider them as part of your portfolio.
“Numerous studies have demonstrated that companies with strong ESG practices tend to outperform their peers over the long term.
“By incorporating ESG investments, investors have the opportunity to participate in the growth of companies that are well-positioned to navigate risks, capitalise on emerging opportunities, and drive sustainable innovation,” notes Nigel Green.
ESG factors provide valuable insights into a company’s resilience and risk management practices.
He continues: “By considering environmental risks, such as climate change and resource scarcity, social risks related to labour practices and community engagement, and governance risks such as board diversity and transparency, you can better assess the long-term viability of investments and reduce exposure to potential risks.”
The deVere CEO goes on to add: “The global regulatory landscape is evolving. Investors who proactively integrate ESG investments into their portfolios can navigate regulatory changes more effectively and position themselves for future market shifts.
“Plus, as ESG considerations become mainstream, investments in companies with strong ESG profiles are likely to attract more attention from institutional and individual investors.
“All of the reasons and all the evidence suggest that ESG-focused investors can achieve both profitability and positive impact.”
deVere Group practices what it preaches. In 2021, it became one of 18 founding signatories of the UN-backed Net Zero initiative, the international alliance of finance powerhouses that will help accelerate the transition to a net-zero financial system.
As a global organisation, it recognises the transformative potential of ESG investments and is committed to helping investors integrate these strategies into their portfolios.
With a team of experienced professionals and a comprehensive suite of ESG-focused investment solutions, deVere provides clients with tailored advice and cutting-edge research to optimise their financial goals while aligning their investments with their values.
“The hottest day ever recorded globally tells investors now is the time to consider putting your money to work for both profits and positive change. If not now, when?” concludes the deVere Group CEO.
5, Jul 2023
Fawry’ and ‘CYBERX’ sign a MoU to expand awareness of cybersecurity in Egypt
‘Fawry’ and ‘CYBERX’ sign a memorandum of understanding to expand awareness of cybersecurity in Egypt
‘Fawry’ and ‘CYBERX’ collaborate to raise awareness of security threats and reduce cyber attacks
Cairo, Egypt – 5th July 2023 – ‘Fawry’, the leading company in electronic payment solutions and banking technology, signed a cooperation protocol with the Saudi company ‘CYBERX’ – the leading Arab platform that raises cyber awareness in the Arabic language – with the aim of raising awareness of the concept of cybersecurity and the basic principles of this field. The cooperation aims to combat security threats and reduce cyber-attacks, especially with global increase in digital fraud cases globally.
As ‘Fawry’ and ‘CYBERX’ believe that the first line of defense against common cyberattacks, electronic threats and malicious cyber attachments is the human factor. CyberX strives to provide cybersecurity awareness programs and comprehensive content to build awareness and enrich the community with powerful tools to learn to be cautious against the risks of online fraud and cybersecurity attacks.
Moreover, ‘Fawry’ has taken a strong interest in the goals of ‘CYBERX’ and the ability to simplify concepts and principles of information security and cybersecurity, which build integrated lines of defense against fraud in the Arab world.
In addition to that, ‘Fawry’ is strongly committed to the Egyptian information security and cybersecurity market by regularly spreading awareness of cybersecurity risks and what it contains of breaches and threats that represent a serious burden on customer data, and how to confront any threat or breach.
‘Fawry’, through its position in the Egyptian market as the first choice in the electronic payment market, is also interested in upgrading the lines of security defense, from merchants to customers.
It is noteworthy that ‘CYBERX’ provides cybersecurity awareness campaigns, skills development, and training services in the field of cybersecurity, in addition to several other solutions, including phishing.
Tareq Bashir, Head of Risk and Compliance Department at ‘Fawry’, said: “Fawry is pleased to cooperate with the leading Arab company ‘CYBERX’ in the field of cybersecurity awareness. He added:” that interest in information security and cybersecurity is no longer a luxury for the corporate community, institutions, and the state in general, especially with the expansion of digitization of all sectors, and the trend towards building smart cities.”
He stressed that ‘Fawry’ will work side by side with ‘CYBERX’ to raise awareness in the field of information and cybersecurity and provide an appropriate environment to reduce breaches and security threats.
Mohannad AlKalash, Founder of ‘CYBERX’, said: “We firmly believe that cybersecurity is much more than policies and technology, it is a culture that blossoms within organizations, and awareness is its fuel.”
He added: “The partnership between ‘Fawry’ and ‘CyberX’ represents a milestone towards achieving our goal of accelerating secure digital transformation in the Arab world and in the Egyptian market. This cooperation will enable us to benefit from our expertise and provide unparalleled awareness of cybersecurity to millions of consumers, retailers and employees, thus enhancing trust and security in this digital world.”
5, Jul 2023
Free Assistance Help to Senior Citizens
For the last 13 years, Maya Care has been providing free facilities to all needy elderly people to meet their emotional and intellectual needs so that they can live happy and self-reliant life.
This includes taking seniors to the hospital, assisting in bank work, assisting in government work, fetching medicines from the shop, taking a walk in the garden with them, helping them to make video calls, reading and writing for them, playing recreational games and organizing various events for them. Help is completely free with the help of a faithful volunteer.
For this, the volunteer of the organization is paid Rs. 50 per hour for helping in social work and travel expenses
(Volunteers can do whatever they want in their spare time)
Currently, the organization operates in 70 cities in India (22 cities in Maharashtra) and 4 cities in the UK. More than 120 people with disabilities are sitting at home doing the previous work of this organization As a result, they are getting employment and they are becoming self-reliant (BSW / MSW as well as other students are given internship & experience Certificates by us). So far more than 17000 visits have been made to the seniors through this institute.
The aim is to enable the elderly to live an independent, happy, and comfortable life in their own homes and nursing homes, and to enable persons with disabilities to become self-employed professionals by working from their own homes.
If you need this help or want to volunteer, please contact us.
Toll free – 1800 572 1343
For WhatsApp- 9552520400 / 9552510411/ 8055995966
Jyoti (Central Coordinator)
service@mayacare.org
You can visit our website for more information.
http://www.mayacare.org
The organization is working towards providing this facility free of cost to senior citizens in every city of the world and providing employment to disabled persons there.
Tip Be sure to convey this message to the senior citizens in your contact for free help and social commitment for their happy life🙏🏻.
5, Jul 2023
Five ways to ensure digital platform security and avoid data breaches in 2023
It’s more important than ever to prioritise the security of digital systems, software and applications. Not only do robust online security systems protect personal privacy, but they also prevent financial losses, safeguard intellectual property, and help businesses comply with their legal obligations.
Data breaches can also severely damage an organisation’s reputation. When customer data is compromised, the company’s ability to protect its users’ sensitive information is doubted. This loss of trust can lead to a decline in customer loyalty, a decrease in sales, and ultimately, a significant negative impact on the business’s long-term viability.
The risk is exacerbated in companies that underinvest in cybersecurity, like the arts, entertainment and recreation sector which should spend seven times as much on IT as it currently does.
Fortunately, there are measures that businesses of all sizes, across all industries, can take to reduce these risks and ensure their digital platforms are safe and secure in 2023.
Jose San Miguel, Managing Director at white-label ticketing platform Nuweb Group comments: “Organisations must invest in robust cybersecurity measures, implement best practices, and stay vigilant to counter the evolving threats in the digital landscape.
“With the rapid adoption of cloud, remote work, SaaS apps, and distributed systems, the security landscape has expanded significantly. Every new system, network, and application creates potential vulnerabilities for attackers to exploit.
“From DDos attacks to credential stuffing, these threats highlight the need for companies to implement multi-layered security measures, conduct regular security assessments, and stay informed about the latest cybersecurity trends and best practices.”
Here are five ways businesses can ensure digital platform security and avoid data breaches in 2023:
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Implement 2-factor authentication (2FA):
Implementing 2-factor authentication provides your platform with an additional layer of security beyond just a username and password combination. By requiring multiple factors of authentication, for example biometric data, the likelihood of unauthorised access significantly reduces. This means that even if the initial security factor is bypassed, the attacker would still have other authentication factors to deal with.
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Regularly update and patch systems:
You should strive to stay up-to-date with the latest security patches and updates relevant to your platform’s operating systems, software, and applications, because many of these updates tend to identify and address vulnerabilities that can be exploited by attackers. The updates and patches can also fix software bugs and improve system stability. By regularly updating, organisations can ensure that their systems are running efficiently and therefore providing a better user experience.
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Conduct regular security audits and penetration testing:
You should perform regular security audits and penetration testing to help identify vulnerabilities and weaknesses in your systems, applications, and network infrastructure. This process involves actively testing your system’s security measures to discover potential weaknesses before they’re exploited. Any vulnerabilities that are identified should then be addressed promptly.
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Encrypt sensitive data:
By implementing robust encryption mechanisms to protect sensitive data, you can make it harder for perpetrators to access your organisation’s information. Encryption ensures that sensitive data remains confidential and accessible only to authorised parties. It transforms the data into an unreadable format that can only be decrypted with the right decryption key. This helps protect against unauthorised access, whether it’s due to data breaches, insider threats, or physical theft.
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Employee education and awareness:
Businesses should train employees on best practices for data security and raise awareness about potential threats such as phishing attacks. Try to encourage strong password practices, help your staff be able to recognise suspicious emails or links, and emphasise the importance of safeguarding sensitive information. Accreditations like CISSP and ISO 9001 in the UK can help with this.
4, Jul 2023
Mikael Räsänen appointed CEO of Polarteknik Oy
Dacke Industri is pleased to announce that Mikael Räsänen has been appointed as the new CEO of Polarteknik Oy and is effective July 1st, 2023.
Mikael has a strong track record from leading positions 25 years back, including 13 years at Polarteknik with responsibilities in sales, project management, engineering, quality, customer service, after-sales and Business Unit Manager from 2017. Since February, 2023 Mikael has been the acting CEO of Polarteknik. Before Polarteknik, Mikael has been in several leading positions at Perlos Oyj and Perlos (Guangzhou) Engineering Plastics Co., Ltd, mainly providing engineering plastics and plastic accessories. Mikael holds an EMBA from Tampere University, 2020.
Mikael Räsänen, CEO of Polarteknik Oy says, “I am really pleased with the opportunity to take on the role of CEO for Polarteknik Oy. This is a company I know very well from being able to work in many of the different functions for many years. Polarteknik is a company with high-quality products for an extremely interesting market. Our employees know the products, and I am, of course, very proud to be able to lead this company into the future.”
“Mikael brings broad experience from the industry and a very successful track record within the company. He has a great mix of relevant experience and fresh new perspectives to take Polarteknik to the next level. He has been the company’s Business Unit Manager for several years and been acting CEO from February 2023. I am pleased that he is the new Polarteknik’s CEO. I am confident that his leadership will ensure that Polarteknik’s transformation journey continues,” says Lars Fredin, Group CEO of Dacke Industri and Chairman of Polarteknik Oy.
4, Jul 2023
PMJ Jewels Launches SITARA Collection, Enchantingly Adorned by Superstar Mahesh Babu’s Daughter Sitara in Hyderabad and at Times Square New York
Hyderabad, 04th July 2023: PMJ Jewels, South India’s most beloved fine jewellery brand, is about to make a dramatic entrance into the international stage with the launch of their much-awaited signature collection, SITARA. The big launch will take place on July 4 celebrating the United State’s Independence Day in a special manner. PMJ Jewels has proudly announced the daughter of Mahesh Babu, Sitara, a renowned figure in the entertainment industry, as the face of their unique jewellery line. The SITARA collection will launch in New York at Times Square on July 4 and in India it will be launched on July 6th in Hyderabad ( Telangana ) followed by an event on July 13th in Vijayawada ( AP ) along with the Biggest Wedding Jewellery Exhibition.
This elegant collection, created with timeless designs and delicate craftsmanship has been hand-picked from over 10,000 spectacular designs by star Sitara and renowned in-house designers of PMJ. Impressively, PMJ Jewels have a history of using De Beers Forevermark in their products as they’re considered to be extremely premium and prestigious. The new range comes with an idea of ‘EXPRESSION OF A STAR’ and aims to generate a sentiment that will become a vital part of families for centuries to come.
With the launch of SITARA, PMJ Jewels embarks on an exciting journey, marking their foray into the global market. By presenting a fusion of timeless designs and delicate craftsmanship, the brand aims to create jewellery that will hold a special place in the hearts of families today and their generations in the future.
With a deep-rooted commitment to creating jewellery that holds sentimental value for generations, PMJ Jewels has crafted SITARA to evoke emotions that will resonate within families for centuries to come. Each piece in this elegant collection reflects the brand’s unwavering dedication to artistry, attention to detail, and the enduring beauty of fine jewellery.
Making the world a part of the big collection launch at Times Square New York, PMJ Jewels will go live on their social media handle at 9.30am IST on July 4.
4, Jul 2023
Fundabox Launches India’s First Smart Book and App Platform, Empowering Students across the Country
New Delhi, 4th July 2023 – Fundabox, India’s leading edtech company, has launched its innovative smart book and app platform today. The platform is designed to revolutionize the education sector by providing students with an interactive, engaging, and personalized learning experience.
With Fundabox Smart Books and App, students can explore a comprehensive range of academic subjects through an intuitive and immersive digital interface as well as physical books. The platform seamlessly combines the best elements of traditional textbooks and modern technology, enhancing the learning experience and making education more accessible to all. Teachers, parents, and students can monitor progress in real-time, identifying areas for improvement and celebrating achievements.
Developed by renowned educator Dr. Anand Mani, former Chief Academic Officer of Unacademy, Fundabox Smart Book and App is designed to cater to the needs of students across India. The platform is equipped with a range of features that enable students to learn at their own pace, including interactive quizzes, video tutorials, and personalized study plans.
“We are excited to introduce Fundabox Smart Books and App, a groundbreaking educational platform that will empower students across India,” said Dr. Anand Mani. “Our aim is to provide a seamless and immersive learning experience that caters to the needs of every student, regardless of their location or learning style.”
“Students can dive into interactive video lessons, practice questions, and visually appealing physical books that facilitate active learning and knowledge retention. The platform gives students topic and subtopic wise chapters, video lectures and mock tests“, further he added.
Fundabox Smart Book and App is now available for students across India via fundabox.in. With this innovative platform, Fundabox is set to transform the education sector and make learning more accessible and engaging for students across the country.
4, Jul 2023
5th Edition of Pachmarhi Monsoon Marathon to commence on 23rd July
Delhi – During the monsoon season, the Queen of Satpura adorns herself with a captivating wet cloak, enchanting all those who seek natural beauty and tranquility in her presence. Amidst this picturesque weather, numerous adventure enthusiasts are eagerly preparing to go on a journey to this hill station, seeking both thrills and awe-inspiring experiences.
Set to take place on July 23, the Pachmarhi Monsoon Marathon attracts runners from all corners of the country. Organized collaboratively by the Madhya Pradesh Tourism Board and Adventure & You (AK connect), this event will witness the spirited participation of both the young and the young-at-heart across four different categories.
Yuvraj Padole, the deputy director of the MP Tourism Board and the event’s organizer, expressed the marathon’s commendable standing among professional athletes. He remarked, “This marks the fifth edition of the marathon. When we commenced this event five years ago, our goal was to attract approximately 500 participants. This time around, registration is already underway, and we are nearing the 1000 participants mark. To ensure optimal facilities and infrastructure for all participants, we will close registration at 1000. It is particularly exciting to witness the overwhelming response to the 42-kilometer full marathon category, introduced last year, in addition to the 5-kilometer, 10-kilometer, and 21-kilometer runs. This exhilarating event not only invigorates tourism during the quieter monsoon months but also creates employment opportunities within the region.”
The buzz surrounding the marathon, set to take place in the Narmadapuram district, has already begun. Officials are working to further enhance the natural beauty of Pachmarhi, adding vibrant elements to make the event even more spectacular.
