Connect with us

Technology

Sungrow and be.storaged strengthen partnership for gigawatt-hour-scale battery storage projects

Published

on

MUNICH and OLDENBURG, Germany, Sept. 18, 2026 /PRNewswire/ — Sungrow Deutschland GmbH and be.storaged GmbH have signed a framework agreement for continued cooperation on large-scale battery energy storage (BESS) projects. The agreement strengthens the companies’ long-standing partnership and lays the foundation for even closer cooperation in the planning, development, and implementation of BESS in Germany. Over the next two years, the partners aim to jointly deliver battery storage projects with a planned pipeline of 1.6 GWh of storage capacity.

Extension of Partnership

The energy transition requires high-performance storage solutions to make renewable energy available whenever it is needed. Against this backdrop, be.storaged and Sungrow have placed their existing cooperation on a new footing by defining the key principles of their future partnership in a framework agreement. The agreement aims to further intensify cooperation across the entire project development process, making battery storage projects more efficient to deliver. Standardized processes, coordinated technical solutions, and early joint planning are intended to accelerate project execution and reduce coordination requirements and feedback loops.

“With this framework agreement, we are creating far more than the basis for implementing individual storage projects,” said Dr Magnus Pielke, Managing Director of be.storaged. “Together with Sungrow, we are establishing a long-term partnership that will enable us to standardise BESS projects at gigawatt-hour scale and bring them to market even faster in the future. Close cooperation will allow both companies to respond earlier to market changes and regulatory requirements. At the same time, we are creating structured feedback loops between project development, plant operation, and technology development. Insights from planning, construction, and operation can therefore feed directly into the ongoing development of future storage solutions. This is an essential prerequisite for industrialising the operation of growing storage fleets and unlocking synergies in plant management. It will also enable us to develop additional business potential together across the battery storage value chain and expand the business into adjacent areas.”

Moritz Rolf, Vice President and Regional Manager DACH, Benelux, Nordics and Turkey at Sungrow Europe, said: “Our long-standing cooperation with be.storaged is founded on trust, technical expertise, and a shared understanding of the technical requirements of the German energy storage market. With the framework agreement, we are establishing the basis for even closer collaboration on future projects, efficiently bringing innovative storage technologies to market, and strengthening the energy transition in Germany.”

Combined expertise for efficient projects

As a specialised EPC service provider, be.storaged is responsible for the development, planning, procurement, construction, and commissioning of battery storage projects, as well as their operational support. As an internationally leading provider of battery energy storage systems, power electronics, and related service solutions, Sungrow contributes its technology and manufacturing expertise to the partnership.

Customers benefit from the companies’ many years of experience and from a high degree of reliability in the planning and implementation of future storage projects. The structured cooperation also lays the foundation for greater project standardisation and enables even closer technical coordination from the earliest project phases.

Focus on technology and standardisation

A further component of the partnership is the continued development of the storage technology used. Looking ahead, Sungrow will increasingly deploy its new PowerTitan 3.0 large-scale battery storage system. In a 20-foot container, it integrates a 1.78 MW PCS with 7.14 MWh of battery capacity and can scale up to 28.5 MWh. The framework agreement provides the organisational and technical framework for integrating technological innovations into joint projects at an early stage.

1.6 GWh for greater flexibility in the power system

With a planned total volume of up to 1.6 GWh, the joint battery storage projects will make an important contribution to integrating renewable energy and providing flexibility to the power system. Battery storage plays a key role in balancing generation and consumption and supports a secure and efficient energy supply.

Corinna Petznik, Supplier Management of be.storaged, said: “The framework agreement provides both sides with clear and reliable conditions for cooperation. Standardised technical solutions, defined processes, and early coordination will allow us to reduce coordination effort, shorten feedback loops, and implement projects more efficiently. This benefits not only the project teams, but also our customers, who depend on reliability, quality, and speed in the delivery of their storage projects.”

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/sungrow-and-bestoraged-strengthen-partnership-for-gigawatt-hour-scale-battery-storage-projects-302883068.html

Continue Reading

Technology

TELETRAC NAVMAN APPOINTS NEW OPERATIONS & ENTERPRISE TRANSFORMATION LEAD

Published

on

By

Alan Wiessbrod joins as Senior Vice President to support the business’ next phase of growth

SYDNEY, Sept. 18, 2026 /PRNewswire/ — Teletrac Navman, a leading connected mobility platform for industries that manage vehicle and equipment assetsannounced that Alan Wiessbrod has joined its senior leadership team as Senior Vice President, Operations & Enterprise Transformation.

Wiessbrod brings more than 20 years experience of leading transformation projects across media and technology businesses in both the public and private sectors, with a strong track record of delivering profitable growth and operational excellence.

In his new role, Wiessbrod will oversee Teletrac Navman’s global order management, field services, supply chain, procurement and sales operations functions while advancing key strategic initiatives to drive growth and business performance. 

Prior to joining Teletrac Navman, Wiessbrod served as the Chief Financial Officer of Recurrent Ventures, a Blackstone-backed digital media company, where he led finance, accounting, human resources and IT. During his tenure he drove the company’s return to profitability through portfolio optimization, improved operating discipline and more rigorous resource allocation.

Ricardo Buranello, CEO at Teletrac Navman, said: “To keep delivering best-in-class for our valued customers across the globe, our operational capabilities need to evolve with their needs. Alan’s decades of experience leading transformation across several complex and high-pressure sectors make him exceptionally well placed to spearhead this workstream. I look forward to working closely with Alan to deliver an exciting future for our customers, colleagues and partners.”   

Alan Wiessbrod, Senior Vice President, Operations & Enterprise Transformation, said: “I’m excited to join Teletrac Navman at this critical inflection point in its evolution. The company has a strong foundation, talented people and a compelling opportunity to build on its position in the market. I’m particularly energized by the opportunity to help build the next chapter of Teletrac Navman as a more focused, agile and high-performing organization.”

About Teletrac Navman
Teletrac Navman’s goal is to empower the industries that transform and sustain our futures with simple and intelligent solutions that enhance the efficiency, safety, and sustainability of their operation. As a connected mobility platform for industries that manage vehicle and equipment assets, Teletrac Navman simplifies the complex so that its customers can transform the way they work through cloud-based solutions that leverage AI to unlock the power of operational insight. Teletrac Navman manages more than 750,000 vehicles and assets around the world. The company operates globally, with offices worldwide and headquarters in Northbrook, IL. For more information visit www.teletracnavman.com.

About Respida 
Respida is a software-focused private equity firm with decades of combined investing and operating experience. The firm partners with management teams at growth-oriented software companies, bringing hands-on operational rigor and financial discipline to drive growth and build durable market leaders. For more information, visit respida.com.

View original content:https://www.prnewswire.com/apac/news-releases/teletrac-navman-appoints-new-operations–enterprise-transformation-lead-302883082.html

SOURCE Teletrac Navman

Continue Reading

Technology

Carro secures strategic investment from Orico

Published

on

By

Strategic investment will see collaboration across mobility and financial servicesInitial collaboration will focus on automotive financing and related businesses in Japan, Thailand and Indonesia

SINGAPORE, Sept. 18, 2026 /PRNewswire/ — Carro, a leading online car marketplace in the Asia Pacific (excluding China and India), has announced a round of strategic investment by Orient Corporation (“Orico”), a major Japanese consumer credit and financial services company. Through this investment, Orico will act as a strategic partner to Carro and will, as a first step, advance collaboration in the automotive financing and related businesses in Japan, Thailand and Indonesia – the markets in which both companies operate.

“We’re excited to partner with Orico and integrate our digital vehicle commerce with their financial services, creating a more seamless experience for both our retail consumers and wholesale dealers,” says Carro Co-founder and Group CEO Aaron Tan. 

“We’re expecting strong demand for automotive financing driven by growth in both new and used vehicles, underpinned by the expansion of the middle class,” says Makoto Umemiya, CEO of Orico. “At the same time, the rapid digitalisation of sales channels, alongside the AI-driven advancement of vehicle appraisal and credit assessment is reshaping the sector. We believe Carro’s digital customer acquisition capabilities, its proprietary AI-based credit assessment and vehicle valuation, and its vehicle distribution capabilities including EVs will contribute to strengthening Orico’s international growth strategy.”

Founded in 1954, Orico is a leading Japanese financial services company with deep expertise in credit and payments, offering a broad range of solutions including consumer finance, credit cards, automotive financing, loan guarantees and settlement services. With a strong customer and merchant network and decades of experience in credit assessment and financial services, Orico connects consumers, businesses and financial institutions through innovative financing and payment solutions

Carro is a leading online car marketplace in the Asia Pacific (excluding China and India). The company transacted over 120,000 units of new and used vehicles in FY2026 and is active across 8 markets. It is a leading auto fintech, auto digital insurance broker and aftersales service provider in the region.

About Orient Corporation (“Orico”)

Founded in 1954, Orient Corporation is a comprehensive financial services company that offers a wide range of financial services to individuals, corporations, and financial institutions. Orico leverages strengths in Japan’s leading auto finance business, extensive dealer and partner network, and long-cultivated credit expertise to grow our business. Orico also operates auto loan businesses in Thailand, the Philippines, and Indonesia.

About Carro

Founded in 2015, Carro is a leading online car marketplace in the Asia Pacific (excluding China and India). By offering a trustworthy and transparent experience, Carro transforms the traditional way of buying and selling cars through proprietary pricing algorithms, AI-enabled capabilities, and innovative technological solutions. In 2025, Carro expanded its product line to include Brand New cars in Singapore and Malaysia, offering customers even more options.

Headquartered in Singapore, the unicorn startup has raised over S$700 million from Softbank Vision Fund as well as several sovereign funds and government-linked investors. Together with its subsidiaries and business lines, Carro is supported by more than 4,500 employees across Asia Pacific:

Carro, Asia Pacific’s largest online used marketplace with a strong key presence in Singapore, Malaysia, Indonesia, Thailand, Japan, Taiwan region, Hong Kong SAR and AustraliaCarro Care, Carro’s in-house refurbishment and after-sales servicing capabilitiesGenie Financial Services, a next-generation fintech automotive financing provider in Singapore, Malaysia, Indonesia and ThailandCarro Auction, a leading automotive auction platform in Thailand MPM Rent, leading mobility solutions company in Indonesia specialising in leasing / fleet financing transportation servicesInnorithm, a next-generation fleet management solutions company leveraging state-of-the art IoT and machine learningKaidee, Thailand’s largest online shopping and classifieds platformDriven Communications, leading Malaysian integrated digital content & marketing services agency including notable sites like paultan.org

For more information, please visit: www.carro.co.

View original content:https://www.prnewswire.com/apac/news-releases/carro-secures-strategic-investment-from-orico-302883087.html

SOURCE Carro

Continue Reading

Technology

ACROBiosystems deepens its France presence with a dedicated hub at The HIVE Innovation Center, embedding into the Campus Grand Parc ecosystem

Published

on

By

ZURICH, Sept. 18, 2026 /PRNewswire/ — Kadans Science Partner is pleased to welcome ACROBiosystems to The HIVE Innovation Center, its laboratory and office building dedicated to the life sciences, situated on the Campus Grand Parc in Villejuif.

A global biotechnology company dedicated to being a cornerstone of the global biopharmaceutical and healthcare industries

ACROBiosystems was founded in 2010 with a clear purpose: to become an indispensable partner to the global biopharmaceutical industry. The company today employs close to 1,000 people across offices, R&D centres, and production facilities spanning Europe, North America and Asia, serving thousands of customers worldwide including leading pharmaceutical and biotechnology companies, CRO/CDMOs, and academic institutes. Its portfolio covers the full drug development continuum — from recombinant proteins, antibodies, and assay kits to GMP-grade custom and scientific services — organised around dedicated brands including Resilient Supply, CytoPak, SAFENSURE, FLAG, Star Staining, Aneuro, ComboX, GENPower and many others, with a particular focus on oncology, cell and gene therapy, and immunotherapeutics, and their clinical applications. ACROBiosystems employs a strict quality control system for its products that are used in biopharmaceutical research and development, production, and clinical application. This includes targeted discovery and validation, candidate drug screening/optimization, CMC development and pilot production, preclinical research, clinical trials, commercial production, and clinical application of companion diagnostics.

 Global reach, local ground: A step into the Campus Grand Parc oncology ecosystem

ACROBiosystems’ arrival at The HIVE takes the form of a dedicated office space within the Innovation Center, a deliberate step designed to establish a local presence and build connections within the Campus Grand Parc community. Home to biotechs, hospitals, translational research institutes, and clinical partners, this ecosystem represents exactly the kind of environment where the company can draw on its global reach to engage directly with the teams developing the next generation of cancer therapies. As a member of the Paris-Saclay Cancer Cluster (PSCC) since 2025, ACROBiosystems has already begun building connections within the region’s life sciences community — a presence that its new hub at The HIVE is designed to further strengthen.

A hub shaped for collaboration and proximity

The HIVE Innovation Center brings together life sciences companies of all sizes under one roof, creating the conditions for the kind of day-to-day interactions that formal partnerships alone cannot generate. For ACROBiosystems, whose value proposition is built on being a trusted partner from discovery to the clinic, this proximity to an active scientific community is precisely what makes The HIVE a fitting base for its French operations.

Mike Chen, Chairman, Founder & CEO of ACROBiosystems, said, “France — and the Paris-Saclay region in particular — sits at the convergence of world-class scientific research, clinical excellence, and a rapidly maturing biotech community. Deepening our presence at The HIVE puts us exactly where our partners live and work. Our role is to be the dependable backbone behind their science — bringing reliable quality, integrated innovation, and considerate service from discovery through to the clinic. We’re here not just to open an office, but to plug into this ecosystem, listen, collaborate, and grow alongside the teams working to deliver tomorrow’s therapies across oncology, immuno-oncology, advanced therapies, and beyond.”

“We are proud that ACROBiosystems has chosen Campus Grand Parc and The HIVE to deepen its French operations. This is a strong signal of the ecosystem’s growing global attractiveness,” declared Sandrine Lo, Investment & Asset Manager Kadans Science Partner.

More About ACROBiosystems

ACROBiosystems Group, founded in 2010 and listed in 2021, is a biotechnology company aimed at being a cornerstone of the global biopharmaceutical and healthcare industries by providing innovative products and business models. The company comprises several subsidiaries such as ACROBiosystems, bioSeedin, Condense Capital, and ACRODiagnostics. Through the continuous development of new technologies and products, ACROBiosystems Group creates value for the global pharmaceutical industry and actively empowers our partners. The company is dedicated to accelerating the drug development process, including targeted therapies, immunotherapeutic drugs, and their clinical applications, and contributes to global health.

About Kadans Science Partner

Kadans Science Partner is the European leader in investing in the development of ecosystems and real estate assets, with a dedicated focus on knowledge‑intensive sectors. We strive to bring people together to address global challenges. This is why we invest in, develop and operate specialized assets to support scientific clusters. Across Europe, we have built a network of clients, partner organizations and innovative minds active in life sciences and health, agriculture and food, chemistry and energy, and high‑tech systems and materials, all determined to find solutions to today’s global challenges.
Already present in more than 30 scientific clusters, our network continues to grow as we create new sites and support more clusters across Europe.

About the Paris‑Saclay Cancer Cluster (PSCC)
The Paris‑Saclay Cancer Cluster — a European‑scale and internationally ambitious biocluster — accelerates the pace of oncology innovation, making it more predictive, precise and effective. The cluster facilitates exchanges within the cancer research community and offers promising European researchers access to expertise, tools and services, including mentoring, data, laboratory access and funding.

View original content:https://www.prnewswire.co.uk/news-releases/acrobiosystems-deepens-its-france-presence-with-a-dedicated-hub-at-the-hive-innovation-center-embedding-into-the-campus-grand-parc-ecosystem-302883089.html

Continue Reading

Trending