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Thiozen Announces $3.2M in Funding from Provincial Government for Project in Alberta

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2 years ago

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Producing hydrogen from ‘sour gas’ waste streams for Emissions Reduction Alberta,
Alberta Innovates

PASADENA, Calif., July 1, 2024 /PRNewswire/ — Thiozen, the first company ever to produce clean hydrogen from “sour gas” waste streams, today announced it has received a total of $3.2M in funding for a clean hydrogen project in Alberta, Canada. Administered by Emissions Reduction Alberta (ERA) and Alberta Innovates, the funding is part of an overall $57 million commitment by the Government of Alberta to support 28 projects that advance the hydrogen economy, reduce emissions, and create jobs in Alberta.

Projects cover the spectrum of hydrogen production, storage, transmission, distribution, and usage. The Thiozen project will produce zero-emission hydrogen, which will be used to decarbonize onsite operations as a way of addressing one of the energy industry’s leading challenges: finding economically viable ways to decarbonize remote industrial locations.

“The Government of Alberta recognizes that sour gas processing is a major cost associated with energy supply, and appreciates both the economic and environmental value of removing the hydrogen sulfide and producing a new energy stream in hydrogen,” said Ryan Gillis, co-founder and President at Thiozen. “We’re honored to be selected to participate in this project and to help Alberta leverage an entirely new method of producing hydrogen.”

Thiozen will use ERA funding to install its proprietary technology at a gas processing site in Alberta. The Thiozen platform will facilitate the “de-souring” – or removal – of hydrogen sulfide from the sour natural gas streams while simultaneously generating zero-emission hydrogen.

“Hydrogen has the potential to transform global energy markets and to create trillions of dollars of economic activity,” said Nate Glubish, Minister of Technology and Innovation with ERA. “Alberta’s government is committed to investing in new technologies to develop a hydrogen market and to ensure that Alberta is the Hydrogen capital of Canada. These investments will help to grow and diversify our economy and secure our future as a global energy powerhouse for generations to come.”

If successful, the eight projects funded through ERA’s Accelerating Hydrogen Challenge are expected to deliver annual greenhouse gas (GHG) reductions of 13 thousand tonnes, cumulative reductions of 81 thousand tonnes by 2030, and 493 thousand tonnes by 2050.

“Thiozen’s selection by the Government of Alberta reflects the urgency of finding efficient decarbonization strategies for some of Canada’s most important industries,” said Gillis. “This is truly a transformational moment for Canada’s hydrogen economy and for the energy industry as a whole.”

About Thiozen’s Breakthrough Hydrogen Production Technology
Thiozen’s patented chemical cycle produces hydrogen from hydrogen sulfide – the “sour gas” waste stream – thereby replacing traditional hydrogen production. This process will dramatically reduce global greenhouse gas emissions. In addition, the technology will improve air quality and respiratory health in communities near current hydrogen infrastructure while providing cost-sensitive firms a path to both procuring additional hydrogen and lowering the carbon intensity of their products.

About Thiozen
Thiozen is an MIT spinout and the first-ever company to commercialize a process that can produce hydrogen from sour gas waste streams. By developing a low-cost, low-emission method of producing hydrogen, Thiozen helps meet the energy industry’s growing demand for clean, affordable hydrogen. Thiozen recently validated its technology in an in-field pilot unit in the Permian Basin. The 3-year-old company has headquarters in Pasadena, CA. Learn more at www.thiozen.com.  

About Emissions Reduction Alberta (ERA)
Emissions Reduction Alberta has been investing revenues from the carbon price paid by large emitters to accelerate the development and adoption of innovative clean technology solutions for 15 years. Since established in 2009, ERA has committed nearly $935 million toward 267 projects worth $8.8 billion that are helping to reduce GHGs, create competitive industries and are leading to new business opportunities in Alberta. These projects are estimated to deliver cumulative GHG reductions of 42.5 million tonnes by 2030 and 117.6 million tonnes by 2050. 

About The Hydrogen Centre of Excellence
The Hydrogen Centre of Excellence is a funding program, testing and service facility and a forum for facilitating partnerships to de-risk hydrogen technology development led by Alberta Innovates. The Centre received $50 million in funding from the Government of Alberta as an important component of Alberta’s Hydrogen Roadmap and Alberta’s Recovery Plan. The Hydrogen Centre of Excellence will accelerate technology and innovation across the hydrogen value chain, closing innovation and support gaps to strengthen Alberta’s hydrogen economy. Its purpose is to provide innovation support across the entire hydrogen system, from production to end use.

About Alberta Innovates
Alberta Innovates manages nearly 1,300 projects in a portfolio valued at $1.33 billion. It works with innovators in all sectors of the economy and all corners of the province to drive entrepreneurship, applied research and industry development. With its impact-based funding programs and services, Alberta Innovates is transforming energy systems for a net-zero world, promoting the responsible use of land and water, leveraging provincial strengths in agriculture, and contributing to improved health and well-being by harnessing digital tech and data. Alberta Innovates is also advancing emerging technologies and strengthening entrepreneurship for a strong and diversified economy. It operates in 11 locations with more than one million sq. ft. of industrial testing and lab facilities, and 600 acres of farmland and employs nearly 600 highly skilled scientists, business and technical professionals.

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SOURCE Thiozen

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EPG Publishes Inaugural ESG Report, Establishing Baseline for Sustainable Global Expansion

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April 20, 2026

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SINGAPORE, April 19, 2026 /PRNewswire/ — EPG today released its 2025 ESG Report, outlining its sustainability approach and performance across global operations as it scales internationally.

Environmental EPG achieved full compliance with applicable environmental regulations, with 100% of waste treated and disposed of. The company completed its inaugural greenhouse gas (GHG) inventory, encompassing Scope 1, Scope 2, and key Scope 3 categories, establishing the foundation for its emissions management strategy and long-term decarbonization roadmap.

Social Female represented 31% of total employees, and 85% of employees recruited locally in Malaysia hold managerial positions. EPG maintained a diversified supply chain, with approximately 47% of suppliers based outside of mainland China.

Governance As of the date of this press release, the EPG Board of Directors includes two female directors, representing 22% of board members. The Board convened two meetings with 100% attendance.

As EPG matures its ESG framework, the company is forming a dedicated ESG Committee to oversee this progress. ESG management systems will be embedded into existing and planned facilities, starting with its Malaysia manufacturing plant currently under construction. EPG will also extend these standards through its supply chain at its upcoming Shanghai partner conference.

“Scaling globally only means something if we scale responsibly,” said Alick Wan, EPG Founder and Chairman. “We see an opportunity to redefine what sustainable infrastructure looks like for the AI era — proving that high performing infrastructure can also carry light footprint. We believe modular is how the industry gets there.”

EPG is proud to have contributed to the book Greener Data, Volume III, launching on Earth Day 2026. The chapter shared EPG’s philosophy on how modular construction reduces on-site waste, lowers embodied carbon, and enables full lifecycle sustainability, making the case that responsible scaling and commercial ambition are not in conflict.

Following approximately $200 million in Series B and B+ financing, EPG will keep strengthening company-wide ESG governance and scale its modular approach across an expanding international footprint.

Read the full report: https://www.epg-module.com/list-27-1.html

Contact: communications@epg-module.com

About EPG

EPG is a Singapore-headquartered provider of modular and prefabricated data center infrastructure, powered by dual R&D centers in Singapore and Shanghai and advanced manufacturing hubs in Malaysia and China. With over 20 years of engineering expertise, EPG delivers innovative and sustainable solutions for hyperscale, cloud, and enterprise deployments across APAC, EMEA, and other global markets.

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SOURCE EPG Singapore Pte Ltd

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Simpli5 Announces Platform Expansion Designed to Close the Gap Between Self-Awareness and Team Action

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April 20, 2026

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Behavioral intelligence leader addresses the knowing-doing problem that leaves most assessment investments unrealized

AUSTIN, Texas, April 19, 2026 /PRNewswire/ — Simpli5, the behavioral intelligence platform that powers team effectiveness at organizations including LinkedIn, Kaiser Permanente, and Notion, today announced a significant expansion of its platform aimed at solving one of the most persistent challenges in enterprise learning and development: the knowing-doing gap.

While behavioral assessments have proliferated across the Fortune 500, the vast majority of users never return to their insights after initial onboarding — leaving significant organizational investment unrealized. The upcoming Simpli5 release is engineered specifically to close that gap, translating one-time self-awareness into an ongoing team practice embedded in the flow of daily work.

“Self-awareness that lives in a report is just data. Self-awareness that lives in your daily relationships is transformation,” said Karen Wright Gordon, Founder and CEO of Simpli5. “We built this because we knew the highest-value moments in our platform were sitting unused for too many users. These features are about closing that gap without adding friction.”

The expansion introduces a suite of interconnected capabilities designed to keep behavioral insights present in the flow of daily work — accessible at the moments that matter most, and creating reinforcing loops that grow in value as organizational adoption scales.

Unlike point-in-time assessments, Simpli5 is engineered to compound in value over time. Each connection made, each insight applied, and each colleague activated increases the network intelligence available to every user on the platform. The upcoming release is designed to accelerate that compounding effect.

Full feature details and availability will be announced in the coming weeks.

About Simpli5

Simpli5 powered by 5 Dynamics is a behavioral intelligence platform built on the science of five natural work energy phases: Explore, Excite, Examine, Execute, and Evaluate. Unlike static assessment tools, Simpli5 is a living team intelligence platform that deepens in value as adoption scales across an organization. Its AI coaching product, SenSai, delivers personalized behavioral insights at the moment of need.

For more information, visit simpli5.com.

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SK hynix Begins Mass Production of 192GB SOCAMM2 ‘Setting a New Standard for AI Server Memory Performance’

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2 hours ago

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April 20, 2026

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–     Mass production of 192GB high capacity products designed for the NVIDIA Vera Rubin platform
–     Maximizes power efficiency by featuring high density DRAM based on the latest 1cnm process
–     Company to closely collaborate with NVIDIA to solve bottlenecks in AI infrastructure and provide optimal performance

SEOUL, South Korea, April 19, 2026 /PRNewswire/ — SK hynix Inc. (or “the company”, www.skhynix.com) announced today that it has begun mass production of the 192GB SOCAMM2, a next-generation memory module standard based on the 1cnm process (sixth-generation of the 10-nanometer technology) LPDDR5X low-power DRAM.

SOCAMM2[1] is a module that adapts low-power memory – which was previously used mainly in mobile products like smartphones – for server environments. It is designed to be a primary memory solution for next-generation AI servers.

[1]SOCAMM2 (Small Outline Compression Attached Memory Module 2): An AI server–optimized memory module based on LPDDR. It offers a slim form factor and high scalability, while its compression connector enhances signal integrity and allows for easy module replacement

SK hynix emphasized that the 1cnm based SOCAMM2 product that is now in mass production delivers more than double the bandwidth with over 75% improved power efficiency compared to conventional RDIMM[2], providing an optimized solution for high performance AI operations.

[2]RDIMM (Registered Dual In-Line Memory Module): DRAM module for server/workstation that includes a register or buffer chip to relay address and command signals between the memory controller and DRAM chip in a memory module

In particular, the company noted that its SOCAMM2 products are designed for NVIDIA Vera Rubin platform.

SK hynix expects the new SOCAMM2 product will fundamentally resolve the memory bottlenecks encountered during the training and inference of large language model (LLM) with hundreds of billions of parameters, thereby playing a pivotal role in dramatically accelerating the processing speed of the overall system.

The company stated that with the AI market shifting focus from inference to training, SOCAMM2 is gaining significant attention as a next-generation memory solution capable of operating LLMs with low power consumption. To meet the demands of its global Cloud Service Provider (CSP) customers, SK hynix has not only been providing a supply portfolio, but also stabilized its mass production system early on.

“By supplying the 192GB SOCAMM2, SK hynix has established a new standard for AI memory performance,” Justin Kim, President & Head of AI Infra (CMO, Chief Marketing Officer) at SK hynix said. “We will solidify our position as the most trusted AI memory solution provider, through close collaboration with our global AI customers.”

About SK hynix Inc.

SK hynix Inc., headquartered in Korea, is the world’s top-tier semiconductor supplier offering Dynamic Random Access Memory chips (“DRAM”) and flash memory chips (“NAND flash”) for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

View original content:https://www.prnewswire.com/news-releases/sk-hynix-begins-mass-production-of-192gb-socamm2–setting-a-new-standard-for-ai-server-memory-performance-302746711.html

SOURCE SK hynix Inc.

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