Powering the Future: Revolutionising Energy Distribution with AI and Smart Technology

Water is one of the vital element for sustaining life on the planet. Despite the abundant presence, fresh water is available in minimal quantity. Due to the growing population in environmentally sensitive areas the world’s new water supply is critically stressed. Water management acts as a solution, but it requires diverse, accurate data promptly. Collection of data by conventional means may prove unfruitful, costly and resource intensive. But today firms are leveraging earth observation technologies such as satellite-based monitoring. This method is proven to be very useful covering large and remote areas with systematic, repetitive data captures. Achieving water security and increased resilience to hydrological extremes needs a sound understanding of water resources dynamics. This knowledge can only be based on data and observations, and it is the foundation for managing water optimally and efficiently in economic and social terms, as well as with regard for environmental impacts and downstream users. Satellite remote sensing is increasingly being used as a complementary source of information. Satellite‐based sensors are now capable of making direct and indirect measurements of nearly all components of the hydrological cycle including precipitation, evaporation, lake and river levels, surface water, soil moisture, snow, and total water storage. Satellite remote sensing also represents a critical source of information in regions with limited networks and where information on hydrologic conditions is not accessible. Landsat satellites and SPOT satellites are used for water-related applications, but the introduction of Synthetic Aperture Radar (SAR) based satellites have revolutionized the work in water mapping and management. Accurate Digital Elevation Models (DEM) are being developed to assist in determining water flows and flooding potential. NASA is conducting an exciting water management experiment named GRACE (Gravity Recovery and Climate Experiment), a pair of satellites which collects data to determine the surface mass, total water storage and derived variables. Satellite remote sensing plays a crucial role in water resources management with current and future advances promising to transform the field and support sustainable development even more in years to come. Few Water Management Companies:  Clean Water Technology , SAYA Life , Wiseconn ...Read more

Global Software Solutions (GSS) a leading enterprise solution provider in the banking and financial services space has partnered with Codebase Technologies, one of the world’s fastest-growing API banking fintechs. Partnering with Codebase Technologies, one of the world's fastest-growing API banking fintech, Global Software Solutions (GSS), a major enterprise solution provider in the banking and financial services sector, has been a key strategy for GSS. Adding GSS to the Channel Partner Network of Codebase Technologies will enable the two companies to offer the region comprehensive digital banking offerings and cutting-edge payment capabilities. Tamer Al Mauge, managing director of Codebase Technologies for the region, said they are excited to join forces with GSS to foster innovation in the MENA area by giving financial institutions access to a fully digital banking tech stack. Rapid digitalisation through a tested technology stack that can act as a foundation for continual business efficiency, innovation, and the development of innovative consumer experiences is essential for financial institutions today. All this and more are provided through the strong platform known as Digibanc. This collaboration will enable us to fill a market vacuum that financial institutions have encountered as they transition to digital-first enterprises. Codebase Technologies and GSS will provide thorough digital banking services through their cooperation with banks, fintech, and other corporations that want to benefit from Codebase Technologies' cutting-edge Digibanc platform to fulfil the expanding demands of the market and its clients. The solution will include Next Generation Omnichannel Solutions, Core Banking, Open Banking, Instant Lending, BNLP, P2P Payments, Super Apps, and more for NeoBanks, Challenger Banks, Islamic Banks, and Conventional Banks. Mahmoud Abuebeid, CEO and board member of GSS, commented on the partnership: They share Codebase Technologies' vision for the future of digital financial services and wanted to partner with the team so that they can support FIs with cutting-edge digital banking and payments stack that gives them the tools they need to disrupt successfully. The ability of financial institutions to implement their digital-first agendas will be significantly impacted by this agreement, which will contribute to the increased use of cutting-edge digital technology. “Collaboration and a network of strategic partners are important to success in the market,” continued Nehul Goradia, Director of Channels & Alliances at Codebase Technologies.  They are eager to develop the ecosystem by bringing on a capable partner like GSS, whose presence will broaden their network and reach, enhancing the capacities of financial institutions and providing customers with fresh experiences and options. ...Read more

Proven software executive with more than 25 years of experience to lead Company in execution of its software-focused strategy Concludes CEO search announced in September 2024 and advances Stem’s transformation to a software and services company David Buzby to step down as Interim CEO and Executive Chair, will remain Board Chair SAN FRANCISCO - Stem, Inc. (NYSE: STEM), a global leader in artificial intelligence (AI)-enabled clean energy software and services, today announced that its Board of Directors has appointed Arun Narayanan as Stem’s new Chief Executive Officer, effective January 27, 2025. Additionally, David Buzby will step down as Interim CEO and Executive Chairman of the Board, effective January 27, 2025, and will remain Chair of the Board. “On behalf of the Board and the Stem leadership team, I am thrilled to welcome Arun to Stem,” said David Buzby, Executive Chair and Interim CEO. “Throughout our search for a new CEO, we prioritized finding a leader with deep software expertise and a track record of transformative leadership to advance Stem’s software and services strategy forward and to drive scalable growth and enhance long-term profitability. Arun's expertise in building and managing software driven enterprises rounds out an experienced management team that includes Doran Hole who recently joined as Executive Vice President and Chief Financial Officer bringing 25 years of relevant industry experience and financial discipline. Collectively, we now have a full team capable of taking advantage of the opportunity to build the leading AI powered energy software company.” “I thank the Board for entrusting me to build upon Stem’s rich history of best-in-class execution and to advance the Company’s strategy,” said Mr. Narayanan. “I have always seen software as the catalyst in accelerating the clean energy transition and the key contributor to meeting our planet's climate goals. I look forward to working alongside the talented team at Stem to accelerate progress on our go-to-market strategy, drive growth and innovation, and deliver exceptional software-driven value to our customers, partners, and investors, helping promote safe, sustainable, and resilient energy systems.” Mr. Narayanan is a seasoned business and digital leader with more than 25 years of expertise in software technology, operations, data and analytics, spanning industries such as oil and gas and renewable energy. His decades of experience at SLB (formerly Schlumberger) and Anglo American, building industry leading software for demanding global clients is a perfect complement to Stem’s vision and well-timed for this pivotal moment in the Company’s strategy and growth. Furthermore, Mr. Narayanan’s recent experience in the renewable energy industry sets the stage for a seamless entry as the leader and member of Stem’s strong executive management team. Prior to joining Stem, Mr. Narayanan served as CEO of RES Digital Solutions, a division of RES, a global independent renewable energy company. In this role, Mr. Narayanan spearheaded innovation and led the development of cutting-edge software products and solutions, driving the digital transformation of the renewables sector. Prior to that, Mr. Narayanan was the Chief Data Officer of Anglo American, where he led the digital strategy to build its industry-leading data analytics platform, VOXEL. Mr. Narayanan began his career at SLB, a Global Fortune 500 energy technology company, where, over his 21-year career, he held a range of software focused leadership positions and was ultimately responsible for defining and implementing software solutions as Vice President, Data & Analytics for Schlumberger’s Software division. Forward-Looking Statements Statements contained in this press release that are not statements of historical fact, including those that relate to our strategy and initiatives, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The potential risks and uncertainties that could cause our actual results, performance or achievements to differ from predicted results, performance or achievements include our ability to execute on, and achieve the expected benefits from, our operational and strategic initiatives; our ability to continue to grow and manage our growth effectively; our ability to attract and retain qualified employees and key personnel; our ability to retain or upgrade current customers, further penetrate existing markets or expand into new markets; our ability to meet contracted customer demand; supply chain interruptions and manufacturing or delivery delays; disruptions in sales, production, service or other business activities; general macroeconomic and business conditions in key regions of the world, including inflationary pressures, general economic slowdown or a recession, rising interest rates, changes in monetary policy, instability in financial institutions, and the prospect of a shutdown of the U.S. federal government; the direct and indirect effects of widespread health emergencies on our workforce, operations, financial results and cash flows; geopolitical instability, such as the ongoing conflict in Ukraine; the results of operations and financial condition of our customers and suppliers; pricing pressures; severe weather and seasonal factors; our ability to comply with, and the effect on our business of, evolving legal standards and regulations, including those concerning data protection, consumer privacy, sustainability and evolving labor standards; risks relating to the development and performance of our energy storage systems and software-enabled services; the risk that our business, financial condition and results of operations may be adversely affected by other political, economic, business and competitive factors; and other risks and uncertainties discussed in our most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the SEC. Statements in this press release are made as of the date of this release, and Stem disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events, or otherwise, except as required by law.   ...Read more

● Japan Energy Summit & Exhibition emerges as a crucial platform for facilitating and showcasing collaborations between energy giants ● The event convenes over 4,000 attendees, 150 exhibiting companies, 450 delegates, 130 speakers, 150 government representatives and senior leaders ● Keynote speakers, government officials, and industry leaders will discuss Asia's growing role in global climate leadership and sustainable energy solutions. ● 50% international attendance – Making this one of the most important international energy events in Japan ● Key companies attending: JERA Co., Inc, Tokyo Gas Co., Ltd, Kraken, ExxonMobil, Cheniere, RWE, Rystad Energy, Abaxx Exchange, Asahi Kasei Group, Berkeley Research Group, IHI, King & Spalding, Sempra Infrastructure, TotalEnergies, University of Calgary, Vortexa, ENGIE, Wood Mackenzie, and Japan NRG Tokyo  – As the world grapples with the urgent need to transition to sustainable energy sources and reduce carbon emissions, international energy giants like JERA, Tokyo Gas, Kraken, ExxonMobil and more are stepping up to the challenge. They are spearheading efforts to overcome these global challenges through strategic collaborations and innovative projects that will be on the agenda at the Japan Energy Summit & Exhibition from 3-5 June 2024 at Tokyo Big Sight. Notable speakers slated to speak at Japan Energy Summit and Exhibition include: ●  Shinichi Kihara , Director General for International Policy on Carbon Neutrality,  Ministry of Economy, Trade and Industry ●  Izuru Kobayashi , Deputy Director General for Environmental Affairs,  Ministry of Economy, Trade and Industry (METI) ●  Kadri Simson,  Commissioner for Energy,  European Commission ●  Hon. Brian Jean, ECA, KC,  Minister for Energy and Minerals,  Government of Alberta ●  Mitsunori Fukuda,  Director, Gas Market Office, Agency for Natural Resources and Energy,  Ministry of Economy, Trade and Industry (METI) ●  Kiyoshi Hikino,  Director of Power and Gas Market Policy Division, Agency for Natural Resources and Energy,  Ministry of Economy, Trade and Industry (METI) ●  Yuya Hasegawa , Director Energy Resource Development Division,  Ministry of Economy, Trade and Industry ●  Eiji Ohira , Director Fuel Cell and Hydrogen,  New Energy and Industrial Technology Development Organization ●  Takashi Kawai , Director, Ocean Development and Environment Policy Division, Maritime Bureau,  Ministry of Land, Infrastructure, Transport and Tourism ●  Shinichi Sasayama , CEO, President, Representative Executive Officer,  Tokyo Gas Co., Ltd. ●  Junya Tawa , Senior Managing Executive Officer, Chief Strategy Officer and Head of the Planning Division,  JERA Co., Inc. ●  Takayuki Ueda , President & CEO,  INPEX CORPORATION ●  H.E. Rachmat Kaimuddin , Deputy Minister for Infrastructure and Transportation Coordination,  Coordinating Ministry of Maritime Affairs and Investment of the Republic of Indonesia ●  Helle Kristoffersen , President of Asia & member of the Executive Committee,  TotalEnergies ●  Kathy Wu , Regional President Asia Pacific, Gas & Low Carbon Energy,  bp ●  Irtiza Sayyed , President of Asia Pacific, Low Carbon Solutions,  ExxonMobil Highlighting their commitment, JERA, Japan's largest power generation company, will return as the Co-Host of the event. Yuichi Shimada, Executive Officer, Head of Public Relations Group at JERA said regarding their participation: "As the largest power producer in Japan and a top-tier energy company worldwide, JERA is committed to developing cutting-edge solutions for a new era. We are proud to take the lead in developing a low-carbon fuel supply chain and to present the world’s first fuel substitution demonstration project. By participating in the Japan Energy Summit & Exhibition, we are happy to showcase our advancements and look forward to fostering more collaborations with industry partners toward a decarbonised future." Another participant of the leading international energy event is Co-Host Tokyo Gas, who is a pioneer in LNG introduction to Japan and now provides energy solutions globally. “To realise a net-zero world, innovation to decarbonise gas and electricity is essential. We are developing methanation technologies, which recycles CO2, alongside the expansion of renewable power sources, and are making moves to replace city gas with ‘e-methane.’” Yumiko Yao, Executive Officer, Senior General Manager of LNG Business Dept, Tokyo Gas said. "Tokyo Gas is at the forefront of integrating innovative technologies to meet Japan's energy needs sustainably. Participation in the Japan Energy Summit & Exhibition is pivotal in driving this transformation. As Co-Host of the Japan Energy Summit and Exhibition, we are pleased to help exemplify actionable steps towards a sustainable energy future,” Yao continued. Japan Energy Summit & Exhibition will be headlined by an address by Shinichi Kihara, Director General for International Policy on Carbon Neutrality Ministry of Economy, Trade and Industry (METI) discussing the role that the Asia Zero Emissions Community (AZEC) will play in decarbonising the region. This will be followed by another crucial session for setting the tone of the event, senior officials from INPEX and TotalEnergies will be discussing the importance of strengthening global ties to achieve energy security. Event sponsors include JERA, Tokyo Gas, Kraken, Exxonmobil, TotalEnergies, Cheniere, Rystad Energy, RWE, Engie and Vortexa who will join 100 other companies to showcase their collaborative contributions to propelling the energy transition within the exhibition and through the summit sessions. The convergence of industry leaders and innovators at the Japan Energy Summit & Exhibition highlights the importance of partnerships across sectors to achieve a carbon-neutral future. ...Read more