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UN Global Compact Convenes CEO Roundtable in Beijing to Advance a Just Energy Transition

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BEIJING, April 21, 2026 /PRNewswire/ — The United Nations Global Compact convened a high-level CEO Roundtable in Beijing, bringing together leaders from across the energy value chain to accelerate business action on a just and inclusive global energy transition.

Held during the visit of UN Assistant Secretary-General and Special Adviser on Climate Action and Just Transition, Selwin Hart, the roundtable focused on how full-chain collaboration across the energy ecosystem can unlock faster, more coordinated progress toward climate goals while delivering economic and social value.

“The current energy crisis has laid bare the vulnerabilities of fossil fuel dependence,” Hart said. “But there is an exit ramp: clean energy that is cheaper, scalable and homegrown. As a global leader in renewables, China has a critical role to play—not only in accelerating delivery at home, but in supporting developing countries to leapfrog to clean energy through finance, technology and resilient infrastructure—strengthening energy security and accelerating a faster, more equitable global transition.”

Opening the discussion, Stephen Jackson, UN Resident Coordinator in China, underscored that a just transition must be at the centre of energy transformation. He highlighted the need for stronger collaboration across sectors, markets and borders to ensure that climate action advances alongside economic growth and social inclusion.

Participants agreed that the global energy transition has reached a critical inflection point. Clean energy is now central to economic resilience and energy security, yet progress remains uneven. Structural barriers, including the high cost of capital in developing economies, infrastructure gaps and fragmentation across global supply chains, continue to slow deployment at scale.

China’s role as a global leader in clean energy was a central theme throughout the discussion. As the country with the world’s largest renewable energy system and a leading position in manufacturing and deployment, China is playing an increasingly important role in shaping global energy markets and enabling the transition in developing economies through technology, investment and industrial capacity.

The roundtable brought together perspectives from across the energy system, including power, transport, renewables, storage, hydrogen and industrial supply chains. Participants shared practical examples of how collaboration across the value chain is already accelerating progress, from integrated energy systems and smart infrastructure to supply-chain decarbonization and large-scale deployment of clean technologies.

There was strong alignment on the need to move beyond isolated innovation toward system-level transformation. While technological solutions are increasingly mature, participants noted that the key constraints are now institutional and financial. Stable policy environments, integrated planning and coordinated investment are essential to unlocking the full potential of existing technologies.

Business leaders emphasized that a just transition must deliver tangible benefits for people and communities. Clean-energy investments are already creating jobs, expanding access to energy and supporting economic development, particularly in underserved regions. Ensuring that these benefits are shared equitably will be critical to sustaining momentum and public support.

Financing remains a major enabler of progress. Participants highlighted the growing role of innovative financial instruments, including green bonds and blended finance, in mobilizing capital for clean-energy deployment. At the same time, there were calls for international financial institutions to scale up access to affordable, long-term financing and strengthen risk-sharing mechanisms to unlock private investment, particularly in emerging markets.

In an increasingly complex global environment, participants also stressed the importance of maintaining open, resilient and diversified supply chains. Trade fragmentation, regulatory uncertainty and delays in international standard-setting risk slowing the pace of transition. Strengthening multilateral cooperation and aligning standards will be essential to sustaining progress.

In closing, Selwin Hart and Stephen Jackson welcomed the strong engagement from business leaders and reaffirmed the United Nations’ commitment to convening partnerships, scaling solutions and advancing practical action. While challenges remain, they emphasized that the technologies and pathways required for a just energy transition are already within reach.

The roundtable marks an important step in advancing the Climate Just Transition Action Initiative launched in Shanghai in July 2025 and reinforces the role of the private sector as a key driver of system-wide transformation. As collaboration deepens across the energy ecosystem, business leadership will be critical to accelerating clean-energy deployment and ensuring that the transition delivers for people, planet and prosperity.

Notes to Editors

Participants included senior representatives from the United Nations, Chinese policy institutions, industry associations and leading companies across the energy value chain, including the China Electricity Council, the Global Sustainable Transport Innovation and Knowledge Center, China Three Gorges International Limited, Glodon Company Limited, China EV100, China Construction Eighth Engineering Division, Mingyang Smart Energy, Ganfeng Group, the Global Solar Sustainable Alliance, Hisense Group, Shanghai SUS Environment, Shenzhen Urban Transport Technology Group, Wuxi Lead Intelligent Equipment and Xingchu Century Technology.

About the UN Global Compact
As a special initiative of the UN Secretary-General, the vision of the UN Global Compact is clear: to mobilize business to transform sustainability ambition into action at the scale the world demands. With more than 25,000 participants and a presence in over 100 countries through 5 Regional Hubs and more than 70 Country Networks and expansion territories, the UN Global Compact is the world’s largest corporate sustainability initiative.

SOURCE United Nations Global Compact

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Sungrow PhD Talk Outlines 5 Key Trends in Offshore Renewables

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YANTAI, China, Sept. 14, 2026 /PRNewswire/ — Sungrow, a global leading renewable energy company, recently hosted the latest edition of its PhD Talk series in China’s Bohai Bay, bringing together experts and industry representatives in offshore PV, island microgrids, deep-water offshore wind and marine conservation.

Under the theme “The Power of Bridge: Bridge to The Deep Blue,” the event identified five key trends shaping offshore renewables in the move from demonstration projects toward commercial deployment.

Offshore systems must withstand salt spray, high humidity, waves, tides and typhoons while navigating limited operation and maintenance (O&M) windows, insufficient grid support and coordination across multiple types of equipment.

Trend 1: Scenario-Defined Design Replaces a One-Size-Fits-All Approach

Offshore equipment cannot simply replicate land-based products, and different marine environments demand different designs. David Sun, General Manager of the R&D Center at Sungrow’s Utility PV Business Unit, noted that tropical waters bring heat and humidity, cold-water environments create condensation risks, and nearshore industrial zones expose equipment to chemical corrosion.

Sungrow therefore uses a unified, high-standard technology platform while adapting materials, sealing processes and thermal management strategies to local conditions.

Trend 2: AI-Powered Reliability Supports Offshore Solar’s Move to Commercial Scale

As offshore PV moves from demonstration projects toward commercial operation, harsher environmental loads and mounting cost pressures remain key challenges, according to Hui Xing, Chief Engineer of POWERCHINA Northwest Engineering Corporation Limited’s New Energy Engineering Institute.

David further emphasized that project economics extend beyond upfront equipment costs to downtime, offshore inspections and long-term maintenance. Sungrow’s Smart IV Curve Diagnosis identifies string faults, while self-learning algorithms monitor inverter air-duct health, enabling early warnings and dust removal. MPPT-level insulation detection reduces fault-location time to one-sixth of that required by conventional inverter-level diagnosis, while AI-based fault localization pinpoints issues to individual modules within a string.

Trend 3: Lifecycle Reliability and Proactive Safety Become Core Design Requirements

The SG465HX utility string inverter incorporates IP66 protection, C5-H corrosion resistance, a fully sealed electronics chamber, an IP68-rated fan, weather-resistant sealing materials and intelligent active dehumidification.

In a 1,440-hour cyclic neutral salt spray test (two hours in 5% sodium chloride spray and 22 hours at 40±2°C and 93% relative humidity per cycle), no corrosion appeared on the enclosure, structural parts or core internal components. Sungrow also received a third-party C5-H certification report.

The inverter’s proactive safety features include intelligent string shutdown, AC and DC terminal temperature monitoring, a DC switch with a trip mechanism, and 24-hour insulation monitoring. Sungrow also developed two-stage waterproof terminal caps for protection during transportation, construction and long-term operation, including IP68-rated PA66 caps for unused terminals. A dedicated offshore DC switch uses corrosion- and wear-resistant coatings to reduce the risk of contact sticking and failure to interrupt fault current caused by salt spray.

Trend 4: Grid-Forming Technology Becomes the Backbone of Island Microgrid Stability

Island microgrids face three core challenges: generation uncertainty, load uncertainty and the absence of external grid support, making grid-forming technology and coordinated power-system control essential to stable power supply, according to Dr. Liu Hangyue, Deputy General Manager of Sungrow’s Microgrid and Grid Solutions Center.

David said Sungrow’s inverter portfolio offers grid-forming capability under all grid conditions, letting PV inverters in microgrids establish voltage and support frequency through grid-forming algorithms. In PowerMatrix, each sub-array can operate independently in grid-forming mode, enabling 10-millisecond voltage stabilization and a 5-millisecond inertia response.

Future island energy systems will require coordinated control across solar, wind, storage, the grid and loads, rather than relying on individual devices alone.

Trend 5: Deep-Water Offshore Wind Shifts from Equipment Adaptation to System-Level Co-Design

As offshore wind expands into deeper waters and farther from shore, the challenge is shifting from individual-device reliability to system-wide coordination and value-chain collaboration. Larger turbines can reduce costs and improve efficiency but introduce new issues involving fluid-structure interaction, material properties and multidisciplinary coordination, according to Xu Guodong, Deputy Chief Engineer of Windey Energy Technology Group.

Addressing this shift, Dr. Wang Lingxiang, Vice President of Sungrow and President of its Wind Energy Business Unit, said deep-water sites, evolving power-system requirements and complex marine conditions place greater demands on the reliability, overload capability and intelligent O&M of wind converters.

Electrical equipment must move from passive adaptation to active integration through system-level co-design with generators, cables and transformers, as well as participation in turbine load control and intelligent shutdown strategies. Grid-forming applications must also reflect specific grid-connection and power-transmission configurations, strengthening grid support while safeguarding generators and managing turbine loads. Hardware upgrades should be based on system design requirements.

Beyond technology, Sungrow Foundation joined WWF and the One Planet Foundation to launch a marine “Sun Forest” ecological restoration initiative in Bohai Bay, aiming to restore seagrass and macroalgal beds to improve marine habitats. The foundation also donated a 10.35 kW/10 kWh solar-plus-storage system, expected to generate approximately 12,000 kWh annually, to support emergency and stable power supply for an island community.

This edition of Sungrow’s PhD Talk series traced the industry’s shift from a focus on individual equipment performance toward scenario-specific design, lifecycle reliability, intelligent O&M and system-wide coordination. To support this transition, Sungrow will continue exploring solutions for different marine environments and energy applications through innovation in power conversion and grid technologies.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/sungrow-phd-talk-outlines-5-key-trends-in-offshore-renewables-302877348.html

SOURCE Sungrow

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Alfa Laval selected by Saipem to supply heat transfer technology for one of Europe’s largest carbon capture projects

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LUND, Sweden, Sept. 14, 2026 /PRNewswire/ — Alfa Laval has been selected by Saipem, the EPC (Engineering, Procurement, Construction) contractor for Stockholm Exergi’s BECCS (Bioenergy with Carbon Capture and Storage) project to supply heat transfer equipment for one of Europe’s largest bioenergy carbon capture facilities. The project is expected to begin operations in 2028 and will capture, liquify, and permanently store up to 800,000 tonnes of CO₂ annually, representing approximately one to two percent of today’s total global carbon capture capacity.

Stockholm Exergi, a leading Swedish energy provider, is taking a bold step towards net-negative emissions with the first-of-its-kind large-scale BECCS initiative set to run at Europe’s largest biomass-based combined heat and power plant in Stockholm. When fully operational, the facility will capture and store CO2 from the combustion of biogenic fuels, where Alfa Laval’s heat transfer solutions will play a crucial role, maximizing system efficiency and heat recovery. The project is part of Sweden’s climate neutrality goals, contributing to the EU’s climate strategy and positioning Stockholm Exergi as an early adopter.

“Carbon capture at this scale is one of the most demanding thermal engineering challenges in the energy transition and effective energy recovery is what ultimately makes it commercially viable,” says Thomas Møller, President of the Energy Division, Alfa Laval. “Stockholm Exergi is setting a new standard for what net-negative emissions can look like at industrial scale, and we are honoured to contribute to this landmark project with our heat transfer solutions.”

“The plant will require a lot of energy to capture the CO2 from the flue gas and liquify it, but with the high quality Ziepack heat exchangers from Alfa Laval, we will be able to reclaim the energy used. This energy will go back in our existing district heating system, which contributes additionally to our carbon removal targets,” says Egil Nybakk, Director BECCS at Stockholm Exergi.

Alfa Laval will supply its Ziepack gas-gas interchanger alongside multiple process plate-and-frame heat exchangers, crucial for maximizing system efficiency and heat recovery, and integral parts of the core capture process. The equipment package has been selected by Saipem as part of its EPC contract for the Stockholm Exergi BECCS facility. Alfa Laval’s technologies will contribute to the efficiency of the carbon capture process and support the project’s ambition to become one of the world’s largest facilities for the capture and permanent storage of biogenic CO2.

Contacts
Johan Lundin
Head of Investor Relations, Alfa Laval
Mobile: +46 730 46 30 90
johan.lundin@alfalaval.com

Hanna Jeppsson
External Communications, Alfa Laval
Mobile: +46 767 77 61 56
hanna.jeppsson@alfalaval.com

This is Alfa Laval

Working closely with customers and partners worldwide, Alfa Laval challenges conventional thinking on engineering, quality, and innovation. Together, driving the solutions of the future, inspiring progress towards a more resourceful, less wasteful world.

Alfa Laval is set on creating positive impact in areas that society depends on, including energy, food, water, medicine, maritime transport and offshore operations. As a leading global provider of solutions in heat transfer, separation, and fluid handling, the company collaborates closely with many industries to optimize efficiency, reduce emissions and increase yields.

Alfa Laval was founded more than 140 years ago, has customers in over 100 countries, employs more than 23,500 people, and annual sales were 69.6 BSEK (6.6 BEUR) in 2025. The company is listed on Nasdaq Stockholm.
www.alfalaval.com

About the Stockholm Exergi BECCS project

Bioenergy with Carbon Capture and Storage (BECCS) is a key climate technology that generates renewable energy from biomass while capturing and permanently storing the resulting CO2.

The Stockholm Exergi plant, BECCS Stockholm, is expected to capture and permanently store up to 800,000 tonnes of biogenic CO₂ annually, making it one of the world’s largest carbon removal facilities. The captured CO2 is then compressed and liquified, allowing for space-efficient underground or offshore storage.

About Stockholm Exergi

Stockholm Exergi is a Swedish energy provider in Stockholm. Today, more than 800,000 people and around 400 locations in Stockholm are connected to the district heating network, which is in turn connected to Stockholm Exergi’s heating and cogeneration plants.

About Saipem

Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors. The company is active across the entire CO₂ value chain, from carbon capture to transportation and storage, leveraging its engineering, technological and project execution capabilities to support clients’ decarbonization objectives.

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

https://news.cision.com/alfa-laval/r/alfa-laval-selected-by-saipem-to-supply-heat-transfer-technology-for-one-of-europe-s-largest-carbon-,c4394980

The following files are available for download:

https://mb.cision.com/Main/905/4394980/4265018.pdf

Alfa Laval selected by Saipem to supply heat transfer technology for one of Europe’s largest carbon capture projects_Alfa Laval press release

 

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SOURCE Alfa Laval

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Share buybacks in Ericsson during the period September 7 – September 11, 2026

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STOCKHOLM, Sept. 14, 2026 /PRNewswire/ — During the period September 7 – September 11, 2026, Telefonaktiebolaget LM Ericsson(publ) (“Ericsson”) (LEI code 549300W9JLPW15XIFM52) repurchased own Class B shares (ISIN: SE0000108656) as follows:

Date

Aggregated daily volume (number of
shares)

Weighted average share price per day
(SEK)

Total daily transaction value
(SEK)

07/09/2026

249,987

97.5722

24,391,781.56

08/09/2026

1,000,000

96.8581

96,858,100.00

09/09/2026

250,000

97.2057

24,301,425.00

10/09/2026

250,000

96.7441

24,186,025.00

11/09/2026

100,000

98.0260

9,802,600.00

Total

1,849,987

97.0493

179,539,931.56

The share repurchases are a part of the share buyback program of up to SEK 15,000,000,000 which Ericsson announced on April 16, 2026, and which runs between April 23, 2026, and March 31, 2027, at the latest. The Board of Directors intends to propose to the 2027 Annual General Meeting that the repurchased shares, other than those used to fulfil Ericsson’s obligations under its share-related incentive programs, are cancelled.

The share buyback program is executed in accordance with the Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse (MAR) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing MAR (the Safe Harbour Regulation).

All acquisitions have been carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on behalf of Ericsson. A full breakdown of the transactions is attached to this announcement.

Following the repurchases above, Ericsson’s holding of treasury stock amounts to 107,518,663 Class B shares. There are in total 3,371,351,735 shares in Ericsson, 261,755,983 shares of Class A and 3,109,595,752 shares of Class B.

NOTES TO EDITORS:

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MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com  (+46 10 719 69 92)
investor.relations@ericsson.com  (+46 10 719 00 00)

Investors
Daniel Morris, Vice President, Head of Investor Relations
Phone: +44 7386 657217
E-mail: investor.relations@ericsson.com

Lena Häggblom, Director, Investor Relations
Phone: +46 72 593 27 78
E-mail: lena.haggblom@ericsson.com

Media
Ralf Bagner, Head of Media Relations
Phone: +46761284789
E-mail: ralf.bagner@ericsson.com

ABOUT ERICSSON:
Ericsson’s high-performing, programmable networks provide connectivity for billions of people every day. For 150 years, we’ve been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

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

https://news.cision.com/ericsson/r/share-buybacks-in-ericsson-during-the-period-september-7—september-11–2026,c4395255

The following files are available for download:

https://mb.cision.com/Main/15448/4395255/4265622.pdf

Share buybacks in Ericsson during the period September 7-September 11 2026

https://mb.cision.com/Public/15448/4395255/b5e53b4e6c971ce1.xlsx

Daily Ericsson Share Buyback Report

 

View original content:https://www.prnewswire.com/apac/news-releases/share-buybacks-in-ericsson-during-the-period-september-7—september-11-2026-302877363.html

SOURCE Ericsson

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