Pacific Green Reaches Financial Close for £120 Million (US$146 Million) of Funding for Its 249 MW / 373.5 MWh Sheaf Energy Park Battery Development

Dover, DE, Nov. 03, 2023 (GLOBE NEWSWIRE) — Pacific Green Technologies, Inc. (“Pacific Green”, OTCQB: PGTK) announces that it has reached financial close on a £120 million (US$146 million) senior debt facility (the “Facility”) for Pacific Green’s 249 MW / 373.5 MWh Sheaf Energy Park battery energy storage system in Kent, England (“Sheaf Energy Park”).

The Facility is provided by a two-bank syndicate, with National Westminster Bank plc (“NatWest”) and UK Infrastructure Bank Limited (“UKIB”) contributing £60 million (US$73 million) each. The Facility will be used to fund the development and construction of Sheaf Energy Park, following which repayment will occur on a 10 year amortization profile upon the start of commercial operations.

Scott Poulter, Pacific Green’s CEO, commented: “Sheaf Energy Park represents one of the largest project-financed battery energy storage systems in the world. We are pleased to have NatWest’s and UKIB’s participation in the Facility, which is a strong confirmation of the robustness of the project.

Jacob Lloyd, Head of Specialist Asset Finance at NatWest, added: “Pacific Green is one of the fastest growing independent renewable energy developers, and we are excited to support them with Sheaf Energy Park and future projects to come as they continue their growth in the renewable energy sector.

John Flint, CEO of UKIB, added: “The rapid scale-up of renewables onto the grid means the UK needs more storage capacity, and we need it fast. Our support for Pacific Green and the Sheaf Energy Park project is a great example of how UKIB’s debt financing can help accelerate large storage projects to bring them online sooner, while also providing crucial market confidence in the sector.

About Pacific Green Technologies, Inc.:

Pacific Green is focused on addressing the world’s need for cleaner and more sustainable energy. Pacific Green offers Battery Energy Storage Systems and Concentrated Solar Power to complement its environmental technologies division. Pacific Green has offices in the USA, Canada, United Kingdom, Australia, Saudi Arabia and China.

For more information, visit Pacific Green’s website:
www.pacificgreen.com

Notice Regarding Forward-Looking Statements:

This news release contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the continued development of Sheaf Energy Park, any potential business developments and future interest in Pacific Green’s battery, solar and environmental technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the continuation of the development of Sheaf Energy Park and general economic and political conditions. These forward-looking statements are made as of the date of this news release, and Pacific Green assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although Pacific Green believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in Pacific Green’s annual report on Form 10-K for the most recent fiscal year, Pacific Green’s quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Scott Poulter, Chairman & CEO
Pacific Green Technologies
T: +1 (302) 601-4659

GlobeNewswire Distribution ID 8971866

MDC Visual Case Study Reveals that by 2027 There will be 100 million VR and AR Gamers

More than Half the Gaming Population is Drawn to First-Person Shooters as the Top Gaming Genre in 2023

Mapping the Worlds Most Popular Video-Games
Top Video Game Trends and Favourites 2023

LONDON, Nov. 03, 2023 (GLOBE NEWSWIRE) — A landmark visual case study released by MDC (Minimum Deposit Casinos) has revealed that the global gaming industry is booming, with millions of people around the world plunging into the virtual realm to enjoy their all-time favourite games. In 2023, there were 98 million people using virtual reality (VR) and 23 million using augmented reality (AR). By 2027, both AR and VR are expected to surpass 100 million users worldwide.

iGaming resource portal MDC in collaboration with NowSourcing, a renowned design agency, did the research and created an immersive visual case study, mapping out the most favoured video games in the United States and across the globe as of 2023.

Key Findings:

  • The most popular video game genres are first-person shooters, action adventures, simulations, multiplayer online battle arenas (MOBAs), and sports games.
  • Video game preferences vary by country, e.g., France loves Pokémon Legends: Arceus, China prefers Honor of Kings.
  • Emerging trends in the gaming industry include AR and VR gaming, fitness gaming, and casino gaming.

The gaming industry has reached a golden age – where futuristic cutting-edge technology emulates a universe unlike any other. These are realistic, pioneering, and super engaging games, unlike anything seen before. But what types of games are trending and what are the most popular among players?

The MDC case study infographic found, that first-person shooters (FPS) are the most popular video game genre, followed by action adventures, simulations, MOBAs, and sports games. At least 66%, aged 16 to 24, are engaging in FPS games.

The most popular video games in 2023 also vary from country to country.

France enjoys Pokémon Legends: Arceus, China prefers Honor of Kings, and other countries have their favourites, like Mario Kart 8 Deluxe (Germany), Call of Duty: Modern Warfare II (United Kingdom), Madden NFL (United States), Pikmin 4 (Japan), God of War Ragnarök (Russia), Remnant II (Canada), and The Legend of Zelda: Tears of the Kingdom (Australia).

The gaming industry is also constantly evolving, with new trends emerging all the time. Some of the most leading trends include AR and VR, fitness, and casino gaming.

AR and VR Gaming

Augmented reality (AR) and virtual reality (VR) games have taken the world by storm. AR games overlay digital information onto the real world, while VR games transport players to completely immersive virtual worlds.

In 2023, there were 98 million people using VR and 23 million using AR. By 2027, both AR and VR are expected to surpass 100 million users worldwide.

Some of the most played AR and VR games on Steam include War Thunder, Phasmophobia, and VR Chat.

The VR fitness market is also expected to grow 40% between 2023 and 2029.

Casino Gaming

Online casino entertainment is just as sought after around the world. In 2023, there were 4,792 online gaming businesses located globally – a 29.25% growth rate since 2018. Some of the top casino games include Coin Master, Bingo Blitz, and Jackpot Party Casino Slots.

With so many different types of games and platforms to choose from, the global gaming industry has never looked brighter.

Learn more about the trendiest games around the world on MDC: https://www.minimumdepositcasinos.org/2023/10/19/the-worlds-most-popular-video-games/

About MDC

MDC (minimumdepositcasinos.org) is your ultimate resource portal for accurate and up-to-date information on the best online casinos and games worldwide. Led by a team of online casino experts, MDC is committed to providing valuable insights and promoting responsible online gaming practices for users globally.

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/73455644-6d1d-451c-ab07-6c1c3dbafe3b

Contact:

Email Address: [email protected]

Twitter/X: @MinDeposCasino

GlobeNewswire Distribution ID 1000897481

Hehe culture adds glamour to the garden of world civilizations

TAIZHOU, China, Nov. 3, 2023 /Xinhua-AsiaNet/– The awe-inspiring Qiantang River tidal bore may have its ending, but its ripples linger. Likewise, although the Hangzhou Asian Games has drawn to a successful conclusion, the romantic and gorgeous grand opening ceremony still leave many viewers around the world enchanted.

“What is the soul of the opening ceremony of Hangzhou Asian Games? It’s Hehe culture,” said Chen Weiqiang, executive secretary of the Hangzhou Asian Games Organizing Committee.

The riverside landscape of Taizhou

The first “He” refers to harmony, peace, neutrality, etc., and the second “He” means convergence, integration, union, etc. These two Chinese characters have different spellings and meanings, but the same Chinese pronunciation, representing a unique linguistic interpretation of the connotation of Hehe culture.

Hehe culture stands for a tolerant character that values harmony, the Golden Means, mutual understanding, open-mindedness, strong morals and respect for difference. It is a cultural concept pursued by the Chinese nation, and contains the cosmic perception featuring harmony between man and nature, the diplomatic concept advocating good ties among all nations, the social value calling for mutual respect, and the moral idea promoting kindness.

In the current era of sporadic civilization conflicts, Hehe culture has a big role to play in the world.

To trace the origin of Hehe culture, Taizhou’s Tiantai Mountain is a must-visit place, where the two Hehe gods used to live in seclusion.

In 1733, the Qing Dynasty emperor decided to honor Hanshan and Shide, two eminent monks of Tiantai in the Tang Dynasty as the two gods of Hehe.

In the Song Dynasty, Hehe culture further became the common mainstream thought of Confucianism, Taoism and Buddhism, and became a demonstration of the coexistence of multiple cultures in China, echoing the Global Civilization Initiative’s call for upholding the principles of equality, mutual learning, dialogue and inclusiveness among civilizations, and letting cultural exchanges transcend estrangement, mutual learning transcend clashes, and coexistence transcend feelings of superiority.

Hehe is also the common pursuit of people in many countries around the world. It has not only had a far-reaching impact in China, but also gained universal value recognition in many other countries.

As early as 1905, Hanshan’s poems were translated to Japan, where they became popular and influential. In the 1950s, it crossed the ocean to the United States, entered the mainstream Western culture circle, and even was selected into university literature textbooks. Jack Kerouac, the iconic figure of American hippie movement, once wrote the book Dharma Bums, paying tribute to Hanshan, one of the two Hehe gods.

The local government has fully harnessed the relevance of the Hehe culture to the present times, and pushed for creative transformation and innovative development of the fine traditional culture.

Since 2020, Taizhou has been promoting the cultural gene decoding project by tracing the development of Hehe cultural genes and cultivating Hehe culture IP. Local Hehe cultural genes have been transformed and utilized from multiple dimensions such as the origin, meaning, development, charm, governance and use of Hehe, according to Global Communication Center of Hehe Culture.

In Taizhou, one can encounter various places named after Hehe culture, such as Hehe Academy, Hehe Book Bar, Hehe Park, and Hehe Road. One can also enjoy many cultural performances that reflect and interpret Hehe culture. Hehe culture has also been compiled into a textbook and introduced into local primary schools.

Taizhou is not only a symbol and demonstration site of the Chinese Hehe culture, but also a dissemination platform by strengthening international cultural exchanges and cooperation around the world.

In recent years, Taizhou has carried out more than 20 cultural exchanges and more than 60 related activities on Hehe culture with the Republic of Korea, the United States, Japan, Canada and other countries.

Taizhou has set up international centers of Hehe culture in places like Dubai, Tokyo and Manila. In April this year, Taizhou brought 21 art works of Hehe culture to the 117th Paris International Exposition, shaping a representative brand of Chinese culture.

Since 2021, Taizhou has held the Hehe Culture Global Forum every year, bringing together experts and scholars from many countries around the world to discuss how to gather global consensus and wisdom with the promotion of Hehe cultural ideas.

In early November 2023, the third Hehe Culture Global Forum will be held in Tiantai County, the permanent venue of the forum, with the theme of “Hehe Culture and the Global Civilization Initiative”.

As the Global Civilization Initiative continues to gain popularity around the world, Hehe culture is expected to be embraced by more countries and cultures, opening up a new prospect of enhanced exchanges and understanding among different peoples and better interactions and integration of diversified cultures. In this way, the garden of world civilizations will be more colorful and vibrant.

Source: Global Communication Center of Hehe Culture

Image Attachments Links: https://iop.asianetnews.net/view-attachment?attach-id=442845

ہیہی ثقافت عالمی تہذیبوں کے باغ میں گلیمر کا اضافہ کرتی ہے

تائیژو، چین، 3 نومبر 2023ء/سنہوا-ایشیانیٹ/– دریائے کیانتانگ کے سمندری طوفان کا خاتمہ ہو سکتا ہے، لیکن اس کی لہریں اب بھی برقرار ہیں۔ اسی طرح، اگرچہ ہانگژو ایشین گیمز ایک کامیاب اختتام کی طرف پہنچ چکے ہیں، لیکن رومانوی اور خوبصورت شاندار افتتاحی تقریب اب بھی دنیا بھر کے بہت سے ناظرین کو مسحور کر دیتی ہے.

“ہانگژو ایشین گیمز کی افتتاحی تقریب کی روح کیا ہے؟ ہانگژو ایشین گیمز آرگنائزنگ کمیٹی کے ایگزیکٹو سیکریٹری چن ویکیانگ نے کہا کہ یہ ہیہی ثقافت ہے۔

تائیژو کے دریا کے کنارے کا نظارہ

پہلے “وہ” سے مراد ہم آہنگی، امن، غیر جانبداری وغیرہ ہے، اور دوسرے “وہ” کا مطلب ہم آہنگی، انضمام، اتحاد وغیرہ ہے. ان دو چینی حروف کے مختلف ہجے اور معنی ہیں ، لیکن ایک ہی چینی تلفظ ، ہیہی ثقافت کے معنی کی ایک منفرد لسانی تشریح کی نمائندگی کرتا ہے۔

ہیہی ثقافت ایک روادار کردار کے لئے کھڑی ہے جو ہم آہنگی، سنہری ذرائع، باہمی تفہیم، کھلے ذہن، مضبوط اخلاقیات اور اختلاف ات کا احترام کرتی ہے۔ یہ ایک ثقافتی تصور ہے جو چینی قوم کی طرف سے اپنایا جاتا ہے، اور اس میں انسان اور فطرت کے مابین ہم آہنگی کی عکاسی کرنے والا کائناتی تصور، تمام اقوام کے مابین اچھے تعلقات کی وکالت کرنے والا سفارتی تصور، باہمی احترام کا مطالبہ کرنے والی معاشرتی قدر، اور رحم دلی کو فروغ دینے والا اخلاقی خیال شامل ہے۔

تہذیبی تنازعات کے موجودہ دور میں ، ہیہی ثقافت کا دنیا میں ایک بڑا کردار ہے۔

ہیہی ثقافت کی ابتدا کا سراغ لگانے کے لئے ، تائیژو کا تیانتائی پہاڑ ایک لازمی دورہ کرنے والی جگہ ہے، جہاں ہیہی کے دو دیوتا تنہائی میں رہتے تھے۔

1733 میں ، چنگ خاندان کے شہنشاہ نے تانگ خاندان میں تیانتائی کے دو ممتاز راہبوں ہنسان اور شیدے کو ہیہی کے دو دیوتاؤں کے طور پر اعزاز دینے کا فیصلہ کیا۔

سونگ خاندان میں ، ہیہی ثقافت مزید کنفیوشزم ، تاؤ ازم اور بدھ مت کی مشترکہ مرکزی دھارے کی سوچ بن گئی ، اور چین میں متعدد ثقافتوں کے بقائے باہمی کا مظاہرہ بن گئی ، جس نے عالمی تہذیب انیشیایٹو کے مساوات ، باہمی سیکھنے ، مکالمے اور تہذیبوں کے مابین شمولیت کے اصولوں کو برقرار رکھنے کے مطالبے کی بازگشت سنائی ، اور ثقافتی تبادلوں کو اختلافات سے بالاتر ہونے دیا ۔  اور بقائے باہمی برتری کے احساسات سے بالاتر ہے۔

ہیہی دنیا بھر کے بہت سے ممالک میں لوگوں کا مشترکہ تعاقب بھی ہے۔ اس کے نہ صرف چین میں دور رس اثرات مرتب ہوئے ہیں بلکہ بہت سے دوسرے ممالک میں بھی اس نے عالمی قدر کی پہچان حاصل کی ہے۔

1905 کے اوائل میں، ہانشان کی نظموں کا جاپان میں ترجمہ کیا گیا، جہاں وہ مقبول اور بااثر ہوگئے۔ 1950 کی دہائی میں، یہ سمندر پار کرکے ریاستہائے متحدہ امریکہ پہنچا، مرکزی دھارے کے مغربی ثقافت کے دائرے میں داخل ہوا، اور یہاں تک کہ یونیورسٹی ادب کی نصابی کتابوں میں بھی منتخب کیا گیا۔ جیک کیرواک، جو امریکی ہپی تحریک کی مشہور شخصیت تھے، نے ایک بار کتاب دھرما بمس لکھی تھی، جس میں ہانشان کو خراج تحسین پیش کیا گیا تھا، جو ہیہی کے دو دیوتاؤں میں سے ایک ہے۔

مقامی حکومت نے موجودہ دور سے ہیہی ثقافت کی مطابقت کو پوری طرح سے بروئے کار لایا ہے، اور عمدہ روایتی ثقافت کی تخلیقی تبدیلی اور اختراعی ترقی پر زور دیا ہے۔

2020 کے بعد سے ، تائیژو ہیہی ثقافتی جین کی ترقی کا سراغ لگا کر اور ہیہی کلچر آئی پی کو فروغ دے کر ثقافتی جین ڈی کوڈنگ منصوبے کو فروغ دے رہا ہے۔ ہیہی ثقافت کے گلوبل کمیونیکیشن سینٹر کے مطابق، مقامی ہیہی ثقافتی جینز کو متعدد جہتوں سے تبدیل اور استعمال کیا گیا ہے جیسے ہیہی کی ابتدا، معنی، ترقی، کشش، حکمرانی اور استعمال.

تائیژو میں، ہیہی ثقافت کے نام سے منسوب مختلف مقامات کا سامنا کیا جاسکتا ہے ، جیسے ہیہی اکیڈمی ، ہیہی بک بار، ہیہی پارک، اور ہیہی روڈ۔ کوئی بھی بہت سے ثقافتی پرفارمنس سے بھی لطف اندوز ہوسکتا ہے جو ہیہی ثقافت کی عکاسی اور تشریح کرتے ہیں۔ ہیہی کلچر کو ایک نصابی کتاب میں بھی مرتب کیا گیا ہے اور مقامی پرائمری اسکولوں میں متعارف کرایا گیا ہے۔

تائیژو نہ صرف چینی ہیہی ثقافت کی ایک علامت اور مظاہرہ سائٹ ہے ، بلکہ دنیا بھر میں بین الاقوامی ثقافتی تبادلوں اور تعاون کو مضبوط کرکے ایک پھیلاؤ پلیٹ فارم بھی ہے۔

حالیہ برسوں میں ، تائیژو نے جمہوریہ کوریا ، ریاستہائے متحدہ امریکہ ، جاپان ، کینیڈا اور دیگر ممالک کے ساتھ ہیہی ثقافت پر 20 سے زیادہ ثقافتی تبادلے اور 60 سے زیادہ متعلقہ سرگرمیاں انجام دی ہیں۔

تائیژو نے دبئی، ٹوکیو اور منیلا جیسی جگہوں پر ہیہی ثقافت کے بین الاقوامی مراکز قائم کیے ہیں۔ اس سال اپریل میں، تائیژو نے 117 ویں پیرس بین الاقوامی نمائش میں ہیہی ثقافت کے 21 فن پاروں کو لایا، جس نے چینی ثقافت کے نمائندہ برانڈ کو شکل دی۔

2021 سے تائیژو ہر سال ہیہی کلچر گلوبل فورم کا انعقاد کر رہا ہے، جس میں دنیا بھر کے بہت سے ممالک کے ماہرین اور اسکالرز کو اکٹھا کیا جاتا ہے تاکہ ہیہی ثقافتی نظریات کے فروغ کے ساتھ عالمی اتفاق رائے اور دانشمندی کو جمع کرنے کے طریقوں پر تبادلہ خیال کیا جا سکے۔

نومبر 2023 کے اوائل میں ، تیسرا ہیہی کلچر گلوبل فورم تیان تائی کاؤنٹی میں منعقد ہوگا، جو فورم کا مستقل مقام ہے، جس کا موضوع “ہیہی کلچر اور عالمی تہذیب کا اقدام” ہے۔

جیسا کہ گلوبل سولائزیشن انیشی ایٹو دنیا بھر میں مقبولیت حاصل کر رہا ہے ، توقع ہے کہ ہیہی ثقافت کو مزید ممالک اور ثقافتوں کی طرف سے اپنایا جائے گا، جس سے مختلف لوگوں کے مابین بہتر تبادلے اور تفہیم اور متنوع ثقافتوں کے بہتر تعامل اور انضمام کا ایک نیا امکان کھل جائے گا۔ اس طرح دنیا کی تہذیبوں کا باغ زیادہ رنگا رنگ اور متحرک ہو جائے گا۔

ماخذ: ہیہی ثقافت کا گلوبل کمیونیکیشن سینٹر

تصویرمنسلک لنکس: https://iop.asianetnews.net/view-attachment?attach-id=442845

 

AIRADIO USES RAJANT KINETIC MESH® FOR ISTANBUL’S M8 METRO LINE WI-FI

Provides Seamless Video Over Wi-Fi – A First for the Metro

Malvern, Pennsylvania (USA), Nov. 02, 2023 (GLOBE NEWSWIRE) — Rajant Corporation, the pioneer of Kinetic Mesh wireless networks and global distribution partner AIRadio, has solved the Istanbul Metropolitan Municipality (IMM)’s Metro M8 line connectivity challenge, making reliable Wi-Fi available to all commuters. Using Rajant Kinetic Mesh wireless radio nodes, known as Hawk BreadCrumbs®, all M8 passengers can access 300Mbps of uninterrupted internet while traveling at high speeds underground. IMM debuted the Rajant-enabled Wi-Fi commuter service on August 17, 2023, the 24th anniversary of the August 17, 1999, earthquake.

IMM is pointing out that the internet infrastructure put in place by AIRadio within the Metro cars and terminal is of great importance for day-to-day communication needs as well as emergencies. According to Erol Ozguner, CIO at IMM, “Thanks to the infrastructural investments we have made, 2.5 million passengers traveling by the metros will enjoy the internet as they can use it more efficiently.” Nihat Narin, the President of ISTTELKOM, Subsidiary of IMM, stressed the desire to make the commuter travel experience more contemporary and comfortable by further expanding the free IMM Wi-Fi service on the metros. Noted Mr Narin, “We are working non-stop with a view to encouraging the people of Istanbul to prefer the rail systems more often, as we further improve the technological infrastructure of the city.”

AIRadio VP Sales and Business Development Koral Turkkan shared, “Deploying a dedicated LTE or even a 5G network was not an option due to challenges, such as CAPEX and OPEX costs. Further, neither LTE or 5G provide seamless handoffs to maintain user-application connections, whether for entertainment like Netflix or live-streamed Google Meet. As a distributor of Rajant, we know Kinetic Mesh is a truly disruptive technology that has delivered several very large project wins for AIRadio, so we brought this high bandwidth wireless solution to IMM’s attention. Now, the M8 metro line’s 40,000+ daily passengers have the convenience and peace-of-mind access to the internet as they rapidly travel underground. A first ever real-time video conference between Turkey, Kazakhstan, and South Africa was captured using Google Meet.” Watch here.

Rajant Sales Director in Eastern Europe/Central Asia Marcin Kusztal concluded, “Rajant Kinetic Mesh BreadCrumb wireless nodes have seen extensive deployments supporting high-mobility applications for underground and tunnel environments. In the case of the Istanbul Metro, AIRadio installed Hawk BreadCrumbs in combination with Rajant RCP tunnel antennas and SlipStream XG for both trackside and on-train deployment, which exceeded the required average throughput per customer, per train.”

More details are available in the published case study.

About AIRadio
AIRadio is based in the United Arab Emirates and is a member of AIR Group, headquartered in Chicago, Illinois. AIRadio is a premier technology company that began in 1990 and has since grown to direct offices in twelve countries and partners in over 60 countries all over the world, including the US, Africa, Europe, and the Middle East.

About Rajant Corporation
Rajant Corporation is the broadband communications technology company that invented Kinetic Mesh® networking, BreadCrumb® wireless nodes, and InstaMesh® networking software. With Rajant, customers can rapidly deploy a highly adaptable and scalable network that leverages the power of real-time data to deliver on-demand, mission-critical business intelligence. A low-latency, high-throughput, and secure solution for a variety of data, voice, video, and autonomous applications, Rajant’s Kinetic Mesh networks provide industrial customers with full mobility, allowing them to take their private network applications and data anywhere. With successful deployments in more than 80 countries for customers in military, mining, ports, rail, oil & gas, petrochemical plants, municipalities, and agriculture. Rajant is headquartered in Malvern, Pennsylvania, with additional facilities and offices in Arizona and Kentucky. For more information, visit Rajant.com or follow Rajant on LinkedIn and Twitter.

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Alice DiSanto
Rajant Corporation
914-582-8464
[email protected]

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