Technology

APsystems at 15: A Legacy of Innovation and a Smart Energy Future

Published

1 year ago

March 24, 2025

JIAXING, China, March 24, 2025 /PRNewswire/ — Fifteen years ago today, on March 24, 2010, APsystems was founded in Jiaxing, Zhejiang, embarking on a mission to harness the power of light. Over the past 15 years, APsystems has transformed from a hardware supplier specializing in MLPE microinverters into a comprehensive provider of distributed PV, energy storage, and charging solutions. Today, it stands as a pioneering force in smart energy, driven by AI, enhancing product innovation, user experience, and operational efficiency. Each strategic shift reflects the company’s alignment with industry trends, while every business expansion accelerates the global energy transition. Through relentless innovation and resilience, APsystems continues to carve an extraordinary legacy in the energy revolution.

From Startup to Industry Leader: A Journey of Innovation and Growth

In 2010, with a passion for the photovoltaic industry, Dr. Zhimin Ling and Dr. Yuhao Luo returned to China and founded APsystems in Jiaxing, Zhejiang. From the outset, they recognized the significant advantages of MLPE (Module-Level Power Electronics) technology in terms of safety and efficiency and committed to advancing this field. Over the past 15 years, APsystems has pursued a path of differentiated product development, embedding the principle of “safety first” into every technical innovation.

As MLPE technology gained recognition, APsystems’ growth accelerated. Since 2012, the company has maintained 12 consecutive years of profitability and expansion. This steadfast commitment has provided users with superior solutions while setting industry benchmarks for safety, efficiency, and flexibility. APsystems has played a key role in driving global photovoltaic standards forward, helping transition MLPE technology from a niche solution to a mainstream choice.

With its continuous business expansion, APsystems has remained dedicated to its globalization strategy. The company has successfully entered key photovoltaic markets worldwide, establishing subsidiaries in Australia, the United States, France, the Netherlands, Mexico, and Brazil. This global sales and service network ensures widespread availability of APsystems’ products and services. In 2022, APsystems successfully debuted on the Shanghai Stock Exchange’s STAR Market, securing strong capital support for future growth. By the end of 2024, its cumulative MLPE product shipments had surpassed 6GW, reaching 156 countries and regions. These milestones mark APsystems’ steady progress toward global leadership in the industry.

Core Strength: A Commitment to Technological Innovation

Since its inception, APsystems has placed technological innovation at the core of its development strategy, considering it the company’s most vital driving force.

In microinverters, APsystems was the first to launch three-phase microinverters, expanding product applications. It also developed multi-module microinverters, balancing performance and cost-effectiveness, and introduced 20A high-current microinverter technology, setting a new industry benchmark.

APsystems has continuously increased its R&D investment, assembling an international team of experts dedicated to independent innovation in PV and energy storage technologies. The company has accumulated 178 intellectual property rights, including 89 invention patents—leading the industry in this regard. This long-term commitment to technological excellence continues to drive APsystems’ sustainable development.

Building a Comprehensive Energy Ecosystem: PV, Energy Storage, and Charging

Over the past 15 years, APsystems has expanded beyond MLPE products to become a key player in PV, energy storage, and charging. The company follows a strategic approach to integrating photovoltaic, energy storage, and charging solutions, establishing three core business segments: micro-PV-energy storage, residential PV-energy storage, and commercial PV-energy storage, all centered around microinverters. By integrating critical components of the energy industry—solar power generation, storage, and charging—APsystems has built a highly efficient and interconnected energy ecosystem.

These three segments work in synergy, enhancing sales channels, resource allocation, and market insights to meet growing demand. As APsystems expands its market presence, it is positioning itself for a broader global footprint.

AI Integration: Charting a New Future

In the era of rapid technological advancement, APsystems is accelerating its transition into a smart energy + AI ecosystem. The company has established the “+AI Application Research Institute” to integrate AI into product development, energy management, and intelligent office upgrades.

AI-driven algorithms optimize charging and discharging strategies for APsystems’ residential energy storage series, maximizing value.The APdesigner power station design software combines AI image recognition with large-language models, enhancing user interaction and efficiency.Regular “AI Open Day” events foster the exploration of AI-driven office transformation.

Looking ahead, APsystems will continue to expand AI-driven innovations in R&D, market strategies, and services. The company is strengthening its global presence through new product development, talent acquisition, and geographic expansion. A newly established Shanghai subsidiary enhances the company’s business ecosystem, while regional teams solidify its positions in Europe and North America and explore emerging markets in Asia, Africa, and Latin America. AI is not only a catalyst for APsystems’ technological evolution but also a core driver of its strategic transformation and industry leadership.

Looking Forward: A Vision for the Next Era

Marking 15 years of success is both a celebration of past achievements and a prelude to the future. Moving forward, APsystems remains committed to its mission in renewable energy, deepening technological innovation, expanding its comprehensive energy ecosystem, and leveraging AI to contribute to the global energy transition. The journey continues, driven by a vision for a smarter, cleaner, and more sustainable future.

Photo – https://mma.prnewswire.com/media/2646254/15_ANNIVERSARY_KV_EN.jpg

View original content:https://www.prnewswire.co.uk/news-releases/apsystems-at-15-a-legacy-of-innovation-and-a-smart-energy-future-302407669.html

Technology

Hexagon Composites ASA: Eirik Løhre appointed permanent CFO

Published

33 minutes ago

May 5, 2026

OSLO, Norway, May 5, 2026 /PRNewswire/ — Reference is made to the stock exchange announcement dated 11 November 2025, where Eirik Løhre was appointed interim CFO in Hexagon Composites.

The Company is pleased to inform that Eirik Løhre has been appointed permanently to the role of CFO in Hexagon Composites, effective today.

Eirik Løhre has been with the Company since 2021 and prior to his role as interim CFO, he served as EVP Corporate Development on the Executive Team.

“Eirik has demonstrated strong financial leadership and execution, and he has been instrumental in strengthening our financial performance. I look forward to continuing our work together to develop and position Hexagon in this next phase of growth,” said Philipp Schramm, CEO, Hexagon Composites.

For more information:
Berit-Cathrin Høyvik, Senior Director, Communications, Hexagon Composites
Tel: +47 988 92 161, berit-cathrin.hoyvik@hexagongroup.com

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation and conversion to clean energy in a wide range of mobility and industrial applications. Learn more at www.hexagongroup.com and follow @HexagonASA on LinkedIn.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/hexagon-composites-asa/r/hexagon-composites-asa–eirik-lohre-appointed-permanent-cfo,c4344308

View original content:https://www.prnewswire.co.uk/news-releases/hexagon-composites-asa-eirik-lohre-appointed-permanent-cfo-302762250.html

Technology

LONGPORT Whale Enters Malaysian Market with Next Generation Trading Infrastructure for Local Brokerages

Published

33 minutes ago

May 5, 2026

LONGPORT Whale, with proven track record across 100+ institutional clients in Asia, makes its Malaysia debut at Bursa Malaysia Stockbroking Trade Fair 2026

KUALA LUMPUR, Malaysia, May 5, 2026 /PRNewswire/ — LONGPORT Whale, a provider of AI-Ready securities trading infrastructure, is making its entry into the Malaysian market at the Bursa Malaysia Stockbroking Trade Fair 2026. The move comes as Malaysia’s Capital Market Masterplan 2026–2030 (CMP4) continues to hone in on local brokerages to modernise core systems, balancing investor experience, regulatory compliance, and operational resilience simultaneously.

Malaysian brokerages are increasingly confronted by a challenge that goes beyond front-end upgrades. Legacy architectures struggle to keep pace with digital-native investor expectations, rising cybersecurity standards, and the demand for multi-market expansion simultaneously. For many such brokerages, the question is no longer whether to modernize, but how to do so without adding complexity or disrupting the business continuity that clients depend on.

Zhong Hua, CEO, LONGPORT Whale, said, “Core trading infrastructure must support continuous evolution — in investor experience, compliance, and AI readiness — without adding unnecessary complexity. The brokerages that lead the next decade won’t be the ones with the best system today; they’ll be the ones whose systems are designed to keep getting better. LONGPORT Whale aims to bring its Asia-proven experience to help Malaysian brokers strike that balance.”

Built on a cloud-native microservices architecture and trusted by more than 100 institutional clients in Asia, Whale’s platform is engineered by industry professionals and refined through years of first-hand operational experience. For the Malaysian market, it addresses four priorities: a best-in-class trading experience validated across competitive, highly regulated markets in Asia; system resilience and performance built for institutional scale, with high system performance and output, real time risk management, and low system latency; global market connectivity spanning Malaysia, Singapore, Hong Kong SAR, US, and Japan without requiring system rebuilds; and an API-first, data-unified architecture that gives brokerages a practical foundation for AI adoption.

Hong Kong SAR and Singapore, where Whale serves online brokers, traditional banking firms, banks and wealth management institutes in a stringent regulatory environment, serve as the primary reference market for its Malaysia expansion. The company said it aims to work with local industry participants as both an infrastructure partner and a contributor to broader conversation on responsible modernization under CMP4.

About LONGPORT Whale

LONGPORT Whale provides integrated securities trading infrastructure to brokers, banks, fund houses, wealth managers, and family offices across Asia. Its cloud-native platform supports multi-market, multi-asset trading across front-, middle-, and back-office workflows, with a deployment model designed for regulatory alignment and long-term scalability. Website: www.longportwhale.com

Media Contact
LONGPORT Whale PR Team
Email: media@longportwhale.com

View original content:https://www.prnewswire.com/apac/news-releases/longport-whale-enters-malaysian-market-with-next-generation-trading-infrastructure-for-local-brokerages-302761411.html

SOURCE LONGPORT Whale

Technology

Thunes and Vodacom Tanzania Unite to Power Cross-Border M-Pesa Payments Across China and Uganda

Published

33 minutes ago

May 5, 2026

Collaboration revolutionises trade & financial convenience for Tanzanian merchants and consumers

SINGAPORE, May 5, 2026 /PRNewswire/ — Thunes, the Smart Superhighway to move money around the world, has joined forces with Vodacom Tanzania, the country’s leading telco company, to transform cross-border trade and digital financial inclusion with Vodacom’s new M-Pesa Global Payment solution. Thanks to the collaboration, Vodacom customers in Tanzania can now seamlessly pay merchants in Uganda and China directly from their mobile phones.

This milestone solution responds to growing demand from Tanzanian traders who engage in commerce with Ugandan and Chinese markets but often face challenges with costly, slow, and insecure payment methods. With this innovation, leveraging the Thunes Direct Global Network, Vodacom aims to bridge those gaps, offering secure, real-time digital payments across borders and reinforcing its leadership in mobile money innovation in Africa.

The solution supports trade with two key markets for Tanzania. For eight consecutive years, China has been Tanzania’s largest trading partner, with bilateral trade hitting $8.8 billion in 2024. In the same year, bilateral trade between Tanzania and Uganda reached approximately $2.23 billion, an increase of 64% on the previous year.

Epimack Mbeteni, M-Pesa Director at Vodacom Tanzania said: “This is more than just a payment feature, it is a catalyst for economic empowerment and a gateway for small and medium businesses and entrepreneurs in Tanzania to compete and thrive in regional and global markets. Through Thunes’ expansive and trusted Network we are enabling seamless, secure, and affordable cross-border payments that empower people, fuel trade and place M-Pesa at the center of Africa’s digital commerce future.”

Through Thunes’ Direct Global Network, customers can now send payments to merchants in Uganda using MTN MoMo and to Chinese merchants through the Alipay network, all through the M-Pesa USSD menu or the M-Pesa Super App. The process is secure, user-friendly, and eliminates the burden of traditional banking barriers for everyday traders and businesses.

Dawei Wang, SVP Network at Thunes, added: “Vodacom Tanzania joining the Thunes Direct Global Network to digitise cross-border payments is a game changer for local businesses. By combining Vodacom’s technology with Thunes’ trusted and proprietary Network, Tanzanian customers can pay partners in China and Uganda in real time. This innovation accelerates interoperability along with international trade and business growth and supports our vision of connecting the next billion end users to the global economy.”

This initiative stands as a strategic enabler for consumers and micro, small, and medium enterprises (MSMEs) who need reliable and quick financial tools such as mobile money. A 2025 GeoPoll survey on Tanzania Financial Services and Usage found that 94% of the survey’s respondents use mobile money.

The Thunes and Vodacom Tanzania alliance is set to transform the lives of millions of consumers by dismantling cross-border barriers. By hyper-connecting Tanzania to global powerhouses like China and streamlining intra-African trade, the collaboration is helping to build an inclusive economy and grow Tanzania’s role as a force in the global market.

About Vodacom Tanzania

For more information, visit: https://www.vodacom.co.tz/

About Thunes

For more information, visit: https://www.thunes.com/

Logo – https://mma.prnewswire.com/media/2831061/Thunes_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/thunes-and-vodacom-tanzania-unite-to-power-cross-border-m-pesa-payments-across-china-and-uganda-302760085.html