Hitachi Energy wins order to connect one of the world’s largest offshore wind farms to the UK power grid

HVDC Light® transmission systems will connect the Hornsea 3 wind farm, providing renewable power for more than three million homes

Zurich, Switzerland, July 14, 2022 (GLOBE NEWSWIRE) — Hitachi Energy, the global technology and market leader in power grids, today announced it has won a major order from Ørsted, the world-leading renewable energy company, to provide two high-voltage direct current (HVDC) systems to transmit green electricity from the Hornsea 3 wind farm, located more than 120 km off the UK east coast.

The wind farm will have the capacity to generate up to 2.85 gigawatts of renewable electricity, enough to power more than three million UK homes. With more than 200 wind turbines installed across almost 700 square kilometers*1, this will be the single largest offshore wind farm in the world. This project is a significant step towards the British Energy Security Strategy ambition of sourcing up to 50 gigawatts of offshore wind capacity by 2030.*2

Hitachi Energy has supported Ørsted with the grid connection of Hornsea 1*3 and Hornsea 2*4, but Hornsea 3 will be the first phase to use HVDC application in the Hornsea cluster.

The overall HVDC system, including the offshore platform, is delivered in partnership with Aibel*5. Hitachi Energy will supply two HVDC Light® converter systems, while Aibel will deliver two HVDC offshore converter platforms. The platform is based on Hitachi Energy’s modular HVDC system including its advanced control and protection system, MACH™. As the HVDC offshore market grows and becomes more complex, Hitachi Energy will continue to develop solutions with its customers and partners to enable a more flexible offshore grid of the future.

“Offshore wind is a critical part of the clean energy transition and our HVDC technology is vital for effective transmission to the mainland power grid,” said Niklas Persson, Managing Director of Hitachi Energy’s Grid Integration business. “To address the rapidly growing offshore market, partnerships and collaboration are key to deliver at the speed and scale required to reach our decarbonization and energy security goals.”

“The Ørsted vision is a world that runs entirely on green energy and the Hornsea projects are a significant step towards this goal in the UK,” said Patrick Harnett, Vice President Programme UK at Ørsted. “Together with Hitachi Energy, we are demonstrating that renewables like offshore wind are a huge part of the world’s sustainability journey. Hornsea 3 will not just provide low cost, clean energy for millions of homes in the UK, it will also deliver thousands of high quality jobs and billions of pounds of investment in the offshore wind supply chain in the UK and beyond.”

Hitachi Energy is supplying four HVDC converter stations, which convert AC power to DC for transmission in the subsea cables, then reconvert it to AC for integration into the onshore grid. Two of the converter stations will be installed on offshore platforms and two at mainland grid connections.

Note to editors:

Hitachi Energy’s HVDC solution combines world-leading expertise in HVDC converter valves, the MACH™ digital control platform*6 converter power transformers and high-voltage switchgear, as well as in-system studies, design and engineering, supply, installation supervision and commissioning.

HVDC Light® is a voltage source converter technology developed by Hitachi Energy. It is the preferred technology for many grid applications, including interconnecting countries, integrating renewables and “power-from-shore” connections to offshore production facilities. HVDC Light’s defining features include uniquely compact converter stations and exceptionally low electrical losses.

Hitachi Energy pioneered commercial HVDC technology almost 70 years ago and has delivered more than half of the world’s HVDC projects.

*1 About Hornsea 3

*2 British Energy Security Strategy (BESS) – offshore wind

*3 Hornsea One Press Release

*4 Hornsea Two Press Release

*5 Aibel partnership Press Release

*6 Modular Advanced Control for HVDC (MACH™)

About Hitachi Energy

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.

About Hitachi, Ltd.

Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company’s consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

About Ørsted

The Ørsted vision is a world that runs entirely on green energy. Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. Moreover, Ørsted provides energy products to its customers. Ørsted is the only energy company in the world with a science-based net-zero emissions target as validated by the Science Based Targets initiative (SBTi). Ørsted ranks as the world’s most sustainable energy company in Corporate Knights’ 2022 index of the Global 100 most sustainable corporations in the world and is recognised on the CDP Climate Change A List as a global leader on climate action. Headquartered in Denmark, Ørsted employs more than 7,000 people. Ørsted’s shares are listed on Nasdaq Copenhagen (Orsted). In 2021, the group’s revenue was DKK 77.7 billion (EUR 10.4 billion). Visit www.orsted.co.uk or follow us on Facebook, LinkedIn, Instagram, and Twitter.

Media Contact:

Paul Haines

Head of UK Media Relations

+44 7880 149088

pauha@orsted.com

Attachments

Jocelyn Chang
Hitachi Energy Ltd.
+41 79 384 7775
jocelyn.chang@hitachienergy.com

Casio to Release EDIFICE with Case Design Featuring Race Car Suspension Motif

Case Constructed with Carbon Fiber-Reinforced Resin

TOKYO, July 13, 2022 /PRNewswire/ — Casio Computer Co., Ltd. announced today the release of the latest addition to the EDIFICE line of timepieces based on the brand concept of “Speed and Intelligence.” The three new SOSPENSIONE ECB-2000 watches feature a case design inspired by the suspension of a formula race car.

ECB-2000PB

The SOSPENSIONE ECB-2000 is a high-performance chronograph that expresses a motorsports worldview with a unique case design modeled on a formula race car suspension. With a motif inspired by the double wishbone suspension used in formula race cars with pairs of upper and lower forked arms, the lugs that connect the bands to the case are configured in a four-arm arrangement. For the first time in an EDIFICE watch, the case is made with lightweight, highly durable carbon fiber-reinforced resin.

The new watch is available in three versions. The ECB-2000PB employs a soft urethane band for an extremely comfortable fit on the wrist, while the ECB-2000D and ECB-2000DC feature a sophisticated textural appeal with stainless-steel bands. The ECB-2000 embodies a motorsports worldview with a design that evokes the sharp image of a formula race car.

ECB-2000PB, ECB-2000D and ECB-2000DC

The ECB-2000 uses the Tough Solar charging system, which converts light from fluorescent lamps and other sources to power the watch, as well as Mobile Link functions usable by pairing via Bluetooth® with a smartphone. When used with the dedicated CASIO WATCHES app, the watch automatically adjusts the time. The app also enables configuration of world time with the smartphone as well as transfer and display of stopwatch data measured on the watch, all of which are features that provide support for racing activities.

Model Bezel Color Bezel Material
ECB-2000PB Black Carbon/Stainless Steel
ECB-2000D Silver Stainless Steel
ECB-2000DC Gray Stainless Steel
Carbon fiber-reinforced resin case with form modeled on race car suspension

The Bluetooth® word mark and logos are registered trademarks owned by Bluetooth SIG, Inc. and any use of such marks by Casio Computer Co., Ltd. is under license.

Photo – https://mma.prnewswire.com/media/1858334/image_1.jpg
Photo – https://mma.prnewswire.com/media/1858321/image_3.jpg
Photo – https://mma.prnewswire.com/media/1858320/image_2.jpg

Video Podcast from Flapmax and Microsoft Features the Startup Founders Energizing Africa’s Digital Ecosystem

Selected Startups are addressing 17 of the United Nations Sustainable Development Goals

LAGOS, Nigeria, July 14, 2022 /PRNewswire/ — Flapmax announced today the launch of the FAST Founder Series in partnership with Microsoft. The weekly video podcast features the unique stories of the FAST startup accelerator’s graduates – young entrepreneurs, innovators, and founders who are strengthening Africa’s digital ecosystem from the ground up.

“We created the FAST Founder Series to share unique success stories from our global community of entrepreneurs with the world,” said the Flapmax team. “Hearing their stories directly from these innovative young professionals is inspiring, to say the least. Listeners can expect to be awed, engaged, and come away with actionable insights to help grow their own business.”

Revolutionizing industry across the continent with AgriTech, EduTech, HealthTech and FinTech, the twelve startup founders featured in the FAST Founder Series podcast are graduates of the first FAST startup accelerator. They were chosen from more than 800 applicants representing 25 countries in Africa. The twelve entrepreneurs represent six countries and nine industries, and include two women founders. Each startup founder is tackling challenges that address the United Nation’s Sustainable Development Goals (SDGs), including equality, education, and poverty reduction.

With a new episode released each week on Wednesdays, the series will delve into key topics for startup founders, including job creation, business formation, cloud computing and AI, and venture capital. Podcast viewers will learn how these individual entrepreneurs are leveraging technology to scale sustainable operations across Africa and around the world.

FAST accelerator participants study corporate governance, technology integration, funding strategies and community building opportunities designed to help them scale rapidly and sustainably. Microsoft engineers serve as business mentors, working one-on-one with accelerator participants. The participants also gain access to innovative technology tools and services, including Fast Portal, SME Marketplaces, Microsoft for Startups Founders Hub and Microsoft Azure.

The founders interviewed in the series include Mustafa Suberu, Capsa Technology – Nigeria; Vincent Okeke, Legitcar – Nigeria; Ryan Panderis, LynkWise – Namibia; Innocent Orikiiriza, KaCyber – Uganda; Edwin Lubanga, Snark Health – Kenya; Karim Amer, VAIS – Egypt; Dominic Kavuisya, Taimba – Kenya; Lekan Omotosho, Pade – Nigeria; Deyo Adeniran, DayDone – Nigeria; Ronald Mutuku, Silku – Kenya; Paulus Indongo, K-12 Plus – Namibia; and Dr. Trish Scanlan, Tumani La Maisha – Tanzania.

View a preview of the episode here and here.

The full FAST Founder Series video podcast episodes are available to view on the Flapmax YouTube channel, as well as Apple Podcast, Spotify, and Google Podcast. Follow the full season premiere at https://founders.fastaccelerator.com

About FAST Accelerator

FAST Accelerator is a technology accelerator from Flapmax built in partnership with Microsoft. The accelerator encourages collaboration across borders and is committed to expanding opportunities for technology innovation and implementation worldwide.

Contact: team@fastaccelerator.com

Video – https://www.youtube.com/watch?v=TPH9UTW9Uwg

Highlights of the 5th GIS Software Technology Conference

BEIJING, July 13, 2022 /PRNewswire/ — The curtain falls on the 5th GIS Software Technology Conference (GTC 2022), a global GIS event co-organized by FIG, SaudiGS, CLAERIA,ASPG and SuperMap, and designed to share the latest developments in GIS software, and exchange the best practices in GIS applications. From July 6-8, experts, officials, enterprises, and university representatives from nearly 130 countries came together at GTC 2022 to learn the latest SuperMap GIS technologies, discuss innovative applications of GIS, and explore the future trends of the GIS industry.

Apart from the plenary conference in China, GTC 2022 consists of six in-person sessions in Indonesia, Botswana, Thailand, Senegal, The Philippines, and Peru and four multi-language virtual plenary sessions in English, French, Spanish, and Japanese.

The French Plenary Conference witnessed a lively discussion about smart cities, urban planning, rural land management, and the latest 3D GIS technology. Mr. Yankhoba DIATARA, Minister of the Ministry of Digital Economy and Telecommunication of Senegal delivered a warm opening speech. The English Plenary Conference welcomed more than 2,000 attendees from Kenya, Ethiopia, Mexico, Australia, Germany, Greece, India, etc.

The Onsite Session in Botswana was co-organized by GeoSmart and SuperMap. Mr. Oduetse Tautona, His Worship Deputy Mayor, Gaborone City Council gave opening comments at the event. Mr. Cavin Boy Rowayi, Director of Geosmart shared insights on the overview of GIS in Botswana. Experts from the University of Botswana, Botswana Geoscience Institute, and well-known local firms gave enlightening presentations on GIS applications in mining, drones, urban mapping, etc.

SuperMap partnered with the Senegal Association of Geomatic Professionals (ASPG) to bring the Onsite Session in Senegal. The Ministry of Digital Economy and Telecommunication, The Ministry of High Education, Research and Innovation, and member enterprises of ASPG shared ideas on cadastral management, municipal management, and business development of geospatial companies.

It is the first year that GTC in-person sessions are held in Africa. Africa is a growing GIS market as the digitalization upgrade is spreading across the continent. The value of GIS technology represented by 3D GIS, AI GIS, and Big Data GIS are highlighted in urban management, agriculture, disaster management, etc. SuperMap GIS, as one of the world-leading GIS technology systems, is committed to groundbreaking works in this field and innovative applications to various industries.

Graduate Management Admission Council Announces New Board Members

Six business school and industry leaders join from India, South Africa, Spain, and the U.S.

RESTON, Va., July 13, 2022 (GLOBE NEWSWIRE) — The Graduate Management Admission Council (GMAC), a global association of leading graduate business schools, today announced the addition of six new members to its board of directors: (elected by member schools) Isabelle Bajeux-Besnainou, Dean and Professor of Finance, Tepper School of Business, Carnegie Mellon University; W. Bruce DelMonico, Assistant Dean for Admissions, Yale School of Management, Yale University; Catherine Duggan, Director (Dean), Graduate School of Business, University of Cape Town; Anthony Wilbon, Dean, School of Business, Howard University; (appointed by the Board to fill vacancies) Mukesh Butani, Founder and Managing Partner, BMR Legal Advocates; and Itziar de Ros, Director of Corporate Marketing & Communications, IESE Business School, University of Navarra. They started their terms on July 1.

“We are thrilled and grateful for the six outstanding individuals from four continents joining the board of GMAC, bringing with them diverse and inspiring perspectives on graduate management education,” said Sangeet Chowfla, president and CEO of GMAC. “As the industry continues to evolve and adapt in the face of the ever-changing landscape, their onboarding signals GMAC’s strong commitment to its global mission of connecting business schools and candidates in support of growing graduate business education.”

New GMAC Board Members

Isabelle Bajeux-Besnainou, Dean and Professor of Finance, Tepper School of Business, Carnegie Mellon University

Dr. Isabelle Bajeux-Besnainou is the 10th Dean of the Tepper School of Business and the Richard P. Simmons Professor of Finance. Since her arrival in 2020, Bajeux reorganized the leadership structure and started new degree programs that offer Tepper students new options and enhanced flexibility. As well, she launched the first comprehensive Tepper School DE&I Strategic Plan to support diversity, equity, and inclusion. The Tepper School is known for being the birthplace of management science, as well as for its frequent cross-collaboration with the other renowned schools at Carnegie Mellon. In that spirit, Bajeux refreshed its brand positioning to be the school of “The Intelligent Future,” where students learn to combine the power of data with human judgement and imagination to make better decisions. Before her tenure at Tepper, Bajeux was Dean of McGill University’s Desautels Faculty of Management in Montreal, Quebec where she spearheaded the school of retail management and several new master’s degree programs.

Mukesh Butani, Founder and Managing Partner, BMR Legal Advocates

Mukesh Butani is the Founder and Managing Partner of BMR Legal Advocates, a Tier 1 law firm. He was also Co-founder and Chairman of BMR Advisors, one of India’s leading professional services firms in the areas of Tax, Risk, and M&A. With specialization in corporate international tax and transfer pricing, he has experience in advising multinational corporations and Indian conglomerates on a range of matters concerning business re-organization, cross-border structuring, and tax controversy. Mukesh served as Vice-Chair of the ICC Paris Tax Commission and as a member of the Permanent Scientific Committee of the International Fiscal Association and OECD BIAC. A Fellow Chartered Accountant, he holds a double bachelor’s in accounting, as well as Financial Management and Law. He serves as an Independent Board Member in select leading multinationals and Indian conglomerates and is a visiting faculty at the University of Vienna and the University of Lausanne.

Itziar de Ros, Director of Corporate Marketing and Communications, IESE Business School, University of Navarra

Itziar de Ros is the Director of Corporate Marketing and Communications at IESE Business School in Barcelona. In this role, de Ros is responsible for IESE’s marketing and communications strategy across all its campuses. She joined IESE in 2007 after working in marketing at DuPont, based in Geneva, Switzerland. In 2011, de Ros was made Director of MBA Admissions at IESE, a post she held for six years, managing a team of 20 people from 12 different countries. Since 2021, de Ros has been on the Board of Raventós Codorniu, one of the most prestigious wine and sparkling wine companies in Europe. She is also a member of the Advisory Board of Navozyme, a blockchain-based solutions company based in Singapore. She holds an MBA from IESE, as well as a master’s degree in Digital Transformation and a BA in Business Administration from the University of Navarra.

W. Bruce DelMonico, Assistant Dean for Admissions, Yale School of Management, Yale University

Bruce DelMonico is Assistant Dean for Admissions at the Yale School of Management. He joined Yale SOM in 2004 and has led the Admissions Office since 2006. During his time at Yale, Bruce has helped innovate new technologies and novel methods of candidate evaluation, including early roles in the Slate CRM system, the use of asynchronous video questions, and the adoption of forced-choice non-cognitive assessments. He has sat on a number of industry-related boards and is a past Trustee of the Hopkins School in New Haven, Connecticut. Before joining Yale, Bruce was an attorney focused on First Amendment, white collar, and commercial litigation, working primarily on cases with exposure ranging from $10 million to $10 billion. Bruce holds a bachelor’s degree in Honors English from Brown University, a master’s degree in Literature from the University of Texas at Austin, and a law degree from the University of Virginia School of Law.

Catherine Duggan, Director (Dean), Graduate School of Business, University of Cape Town

Catherine Duggan is Director (Dean) of the University of Cape Town Graduate School of Business (UCT GSB). Her research examines the political economy of development in Africa, where she has done work in two dozen countries over more than twenty years. Prior to joining the UCT GSB, she was Vice Dean at the African Leadership University School of Business – a new business school in Rwanda – and a Visiting Scholar at the University of Oxford’s Saïd Business School. She served on the Harvard Business School faculty for nearly a decade and won several teaching awards, becoming the first woman in the school’s history to win the Faculty Award for Outstanding Teaching in the Required Curriculum two years in a row. She earned a Ph.D. from Stanford University and a B.A. with honors from Brown University, both in Political Science.

Anthony Wilbon, Dean, School of Business, Howard University

Dr. Anthony Wilbon is the Dean of the Howard University School of Business. Dr. Wilbon’s particular areas of research include technology strategy, technology innovation and entrepreneurship, operations management, project management, systems development life cycle, and research methodology. Prior to joining Howard University, Dr. Wilbon was a faculty member at Morgan State University’s Earl Graves School of Business and Management. He also previously served in engineering and management level positions and several organizations including the Board of Governors of the Federal Reserve System, Booz-Allen and Hamilton, Inc., American Management Systems, Inc, and Westinghouse Electric Corporation. A respected academician, Dr. Wilbon completed his BS in Electrical Engineering at Michigan State University, an MBA at Howard University School of Business, and a Ph.D. at George Washington University in Management of Science, Technology and Innovation. He is also the recipient of a Fulbright International Education Administrators Award (France).

Besides the aforementioned, newly elected board members, Sanjiv Kapur, an independent consultant, was re-appointed for a second term. GMAC also recognizes and thanks its outgoing board members: William (Bill) Boulding, Dean and J.B. Fuqua Professor of Business Administration, Fuqua School of Business of Duke University; Tom Buiocchi, Executive Advisor & Former CEO of Service Channel; Erika James, Dean of the Wharton School of the University of Pennsylvania; Peter Johnson, Assistant Dean, Full-time MBA Programs & Admissions, University of California, Berkeley’s Haas School of Business; Soojin Kwon, Managing Director, Full-Time MBA Admissions and Student Experience, University of Michigan’s Ross School of Business; and Donna Rapaccioli, Dean of the Gabelli School of Business and Dean of Business Faculty, Fordham University.

About GMAC

The Graduate Management Admission Council (GMAC) is a mission-driven association of leading graduate business schools worldwide. Founded in 1953, GMAC provides world-class research, industry conferences, recruiting tools, and assessments for the graduate management education industry, as well as resources, events, and services that help guide candidates through their higher education journey. Owned and administered by GMAC, the Graduate Management Admission Test™ (GMAT™) exam is the most widely used graduate business school assessment.

More than 12 million prospective students a year trust GMAC’s websites, including mba.com, to learn about MBA and business master’s programs, connect with schools around the world, prepare and register for exams and get advice on successfully applying to MBA and business master’s programs. BusinessBecause and The MBA Tour are subsidiaries of GMAC, a global organization with offices in China, India, the United Kingdom, and the United States.

To learn more about our work, please visit www.gmac.com

Media Contact:

Teresa Hsu
Sr. Manager, Media Relations
202-390-4180 (mobile)
thsu@gmac.com