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Rockefeller Foundation Green Power Gap: 8,700 Terawatt-Hours of Clean Energy Needed in 72 Countries, including 20 in Asia

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Green Power Gap estimates the renewable energy capacity that must be generated by 2050 for these countries to meet both global development and climate goals Outlines four new pathways from energy poverty to close the gap for 3.8 billion people in Africa, Asia, Latin America, and Middle East

BANGKOK, Aug. 7, 2024 /PRNewswire/ — The Rockefeller Foundation released a new report today that calculates an 8,700 terawatt-hour (TWh) “Green Power Gap” across 72 countries in Africa, Asia, Latin America and the Caribbean, and the Middle East. Currently home to 3.8 billion people, these countries must deploy 8,700 TWh of clean power by 2050, which is approximately twice the United States’ annual generation, in order to leapfrog from more traditional, costly, and inefficient power systems into a future of energy abundance. The Green Power Gap: Achieving an Energy Abundant Future for Everyone also identifies a green window of opportunity and sets out four new pathways to close the gap.

“The fate of 3.8 billion people’s lives and the planet itself will depend on whether we can close the Green Power Gap,” said Dr. Rajiv J. Shah, President of The Rockefeller Foundation. “History makes clear that people and countries will pursue opportunity regardless of the climate consequences. The only way to achieve the world’s climate goals is scaling solutions and mobilizing the capital needed to ensure 3.8 billion people have enough clean electricity to lift up their lives and livelihoods.”

The 72 countries analyzed in the report represent 68 that fall below the Modern Energy Minimum (MEM), which is defined as having an average annual per capita usage of less than 1,000 kilowatt hours (kWh) necessary to lift people out of poverty, create jobs, and drive economic development. The report also includes four additional countries* that have surpassed the MEM threshold but are included in the “energy-poor” category because significant proportions of their populations still live well below the MEM.

With only eight out of the 72 countries in Latin America & the Caribbean (Bolivia, El Salvador*, Guatemala, Haiti, Honduras, and Nicaragua) and the Middle East (Syria and Yemen), Africa is home to 44 countries, and 20 are in Asia.

Asia:

1)      Afghanistan

2)      Bangladesh

3)      Cambodia

4)      India*

5)      Indonesia*

6)      Kiribati

7)      Micronesia

8)      Myanmar

9)      Nepal

10)   North Korea

11)   Pakistan

12)   Papua New Guinea

13)   Philippines

14)   Samoa

15)   Solomon Islands

16)   Sri Lanka

17)   Timor-Leste

18)   Tonga

19)   Tuvalu

20)   Vanuatu

“While there is no one-size-fits-all answer to a future of clean energy abundance, we believe that there is a ‘green window of opportunity’ based on existing power system assets and the availability of renewable energy resources in Asia,” said Deepali Khanna, Vice President and head of The Rockefeller Foundation’s Asia Regional Office. “Countries in the region, especially India and Indonesia, are already paving the way by deploying renewable energy technologies at unprecedented scale.”

Calculating the Green Power Gap
For this report, The Rockefeller Foundation sorts the 193 UN member countries into three categories: (1) “Advanced economies,” which are the 55 countries defined as high-income by the World Bank; (2) “Energy-poor countries,” representing the 68 energy poor countries, plus the additional four* identified above; and (3) “Emerging economies,” representing the 66 countries that fall between the two categories (this group also saw their consumption increase by nearly 4,000 kWh per annum over the past 50 years, as compared to “energy-poor” countries that only saw a 500 kWh increase).

The Green Power Gap was calculated by determining how much carbon the world can emit while keeping global temperatures below 1.75°C and while accounting for population growth and development goals. It also assumes that the 55 “advanced” and 66 “emerging” countries will achieve net-zero emissions in 2050 and 2060, respectively.

Based on those calculations, this scenario’s remaining 207 gigatons (GT) carbon budget allows considerable room for the 72 “energy-poor” countries to grow. Focusing on the power sector alone, fossil fuel generation can grow moderately in the near term, but in the long term, green power must become dominant. For example, in 2030, about two-thirds of the total generation could still come from fossil fuels in energy-poor countries. But by 2040, that share would need to fall to 30%, and net zero must be achieved by 2070.

Four Pathways to Close the Gap
Achieving energy abundance will require a blend of technology, but that blend will differ heavily based on individual country resources and needs. Existing power system assets and the availability of renewable energy assets in each country will determine which type of green leapfrog opportunities are most viable. Based on this, the report identifies four pathways to clean energy abundance enabled by modern technology. These are:

Gradual grid greening: This pathway is appropriate in countries like India that have developed grids and considerable centralized fossil fuel generation assets.Mixed grid renewable evolution: This pathway is appropriate in countries like Nigeria with limited grid and generation capacity but higher population density.Decentralized solar storage: This pathway is appropriate in countries such as Burkina Faso, which have excellent solar resources but where grid development and access to other renewable resources are limited.Decentralized renewable mix: This pathway is suitable for countries such as the Democratic Republic of the Congo with limited grid and generation assets but with diverse high-quality renewable resources available.

“Closing the Green Power Gap is in every country’s interest,” said Dr. Joseph Curtin, Managing Director of The Rockefeller Foundation’s Power and Climate team and co-author of the report. “Also, these 72 countries have superior renewable resources when compared to countries that are already deploying renewables at scale. So rather than follow the path taken by many advanced economies, they have a green window of opportunity to leapfrog to cleaner, nimbler, and more flexible power systems.”

The Rockefeller Foundation aims to explore these divergent pathways in greater detail in future analysis.

ABOUT The Rockefeller Foundation
The Rockefeller Foundation is a pioneering philanthropy built on collaborative partnerships at the frontiers of science, technology, and innovation that enable individuals, families, and communities to flourish. We make big bets to promote the well-being of humanity. Today, we are focused on advancing human opportunity and reversing the climate crisis by transforming systems in food, health, energy, and finance. For more information, sign up for our newsletter at www.rockefellerfoundation.org/subscribe and follow us on X @RockefellerFdn and LI @the-rockefeller-foundation.

In addition to a conference center in Bellagio, Italy, The Rockefeller Foundation has U.S. offices in New York City and Washington, DC, with a regional headquarter in Bangkok, Thailand, for its work across Asia, and another regional headquarter in Nairobi, Kenya, for its work across the African continent.

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SOURCE The Rockefeller Foundation

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BinBase Launches 2026 BIN Database Featuring 6-11 Digit Waterfall Lookup for High-Precision Payment Routing

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BinBase introduces its upgraded 2026 BIN Database, offering 3.2M+ card ranges, 29 granular data attributes, and extended 8-11 digit accuracy to eliminate false-positives and optimize routing for global fintechs.

MIAMI, July 21, 2026 /PRNewswire-PRWeb/ — BinBase, a provider of payment intelligence and card issuing data, has announced the official release of its updated 2026 BIN Database. Engineered for payment gateways, acquiring banks, fraud prevention platforms, and e-commerce platforms, the updated dataset solves critical routing inaccuracies caused by the industry-wide shift from legacy 6-digit BINs to extended 8-to-11-digit card ranges.

Relying solely on 6-digit BINs in 2026 means misclassifying card products and losing money on interchange fees. Our 2026 release provides the surgical precision developers need for cost-effective payment routing.

Since ISO/IEC 7812 expanded the standard Bank Identification Number (BIN) length to 8 digits, traditional 6-digit lookup tables have struggled to correctly identify modern card profiles. This leads to false positives, misidentified interchange fees, and failed transactions. BinBase addresses this challenge by introducing a multi-tiered database structure supporting up to 11-digit precision, alongside a recommended “Waterfall Lookup Algorithm.”

To ensure 100% routing and verification accuracy, the Waterfall method executes a descending search sequence: checking 11-digit BIN ranges down through 10, 9, 8, 7, and 6 digits until an exact match is resolved.

Key technical specifications of the 2026 BinBase release include:

Over 3.2 Million Card Ranges: Full global coverage including Visa, Mastercard, Amex, Discover, UnionPay, JCB, and regional networks.Extended Precision: Over 88% of the dataset consists of high-precision ranges (8–11 digits) to accurately isolate sub-brands, currencies, and card tiers.29 Granular Attributes: Beyond core issuer data, the database features advanced parameters including Durbin Regulation status, US Debit/ATM network routing (STAR, NYCE), Fast Funds (Visa Direct / Mastercard MoneySend indicators), commercial Level 2/Level 3 data, and digital wallet token ranges (Apple Pay / Google Pay).

“Modern payment processing requires surgical precision,” said a spokesperson for Damiko Inc. “Relying solely on 6-digit BINs in 2026 means misclassifying card products and losing money on interchange fees. Our 2026 release provides the underlying intelligence developers need to build resilient, cost-effective payment infrastructure.”

Developers and payment teams can evaluate the full 29-field database schema, review integration examples, and download a free 2026 sample dataset on the official GitHub repository.

To learn more about full commercial licensing options, instant CSV downloads, and custom API delivery, visit BinBase.

About Damiko Inc

Damiko Inc is a US-based fintech data provider specializing in card issuer analytics, payment routing data, and global BIN database solutions. Operating through its flagship product, BinBase.com, the company supplies high-precision transaction intelligence to help merchants and payment facilitators worldwide optimize approval rates and mitigate fraud.

Media Contact

Fedor Lavrikoff, BinBase, 1 +17866133333, sales@binbase.com, htttps://www.binbase.com 

View original content:https://www.prweb.com/releases/binbase-launches-2026-bin-database-featuring-6-11-digit-waterfall-lookup-for-high-precision-payment-routing-302829291.html

SOURCE BinBase

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Redington Limited and AutomationEdge Announce Strategic Partnership to Accelerate Enterprise Automation and Agentic AI Adoption

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MUMBAI, India, July 22, 2026 /PRNewswire/ — Redington, a leading technology aggregator and innovation catalyst, and AutomationEdge, a leading Agentic Process Automation platform for global enterprises, have announced a strategic partnership to accelerate the adoption of enterprise automation and Agentic AI. The collaboration brings together Redington’s extensive distribution ecosystem and partner network with AutomationEdge’s enterprise-grade Agentic Process Automation platform to enable faster, scalable, and outcome-driven digital transformation for organizations.

As a part of the partnership, AutomationEdge’s portfolio of AI Agents and automation solutions is now available through the Redington AI Exchange Marketplace, enabling partners and customers to easily discover, evaluate, and deploy enterprise-ready AI solutions. This availability significantly reduces the time required to adopt AI-driven automation and provides organizations with access to proven use cases that can deliver measurable business outcomes.

The partnership is focused on delivering solution-led automation offerings that simplify adoption for enterprises and channel partners. By combining Redington’s go-to-market reach with AutomationEdge’s 10x automation capabilities, the two organizations aim to help businesses move from fragmented automation initiatives to enterprise-wide orchestration—driving efficiency, agility, and operational excellence.

Through this collaboration, both companies will jointly promote pre-built automation and AI Agent solutions across key business functions, including banking operations, insurance processes, IT / HR operations, customer service, and finance functions. These solutions include ready-to-deploy workflows, AI Agents, demonstration environments, and implementation frameworks designed to accelerate deployment and reduce complexity.

The partnership will also include joint go-to-market initiatives such as partner enablement programs, co-branded workshops, solution showcases, and proof-of-concept (PoC) engagements. These initiatives are designed to equip Redington partners with the knowledge, tools, and support needed to successfully position, sell, and implement AI-powered automation solutions for enterprise and mid-market customers.

Sayantan Dev, Global Head, Software Solutions Group, Redington, said, “The next phase of AI adoption will be defined by execution. Through the Redington AI Exchange Marketplace, we are bringing together the technologies and ecosystem needed to help partners deliver real business outcomes at scale. AutomationEdge’s Agentic AI and automation capabilities strengthen our ability to enable customers to accelerate AI adoption with greater speed, governance, and confidence.”

Prasad Likhite, Chief Sales Officer of AutomationEdge, said, “We are delighted to strengthen our partnership with Redington and accelerate the adoption of next-generation enterprise automation and Agentic AI solutions across the market. The availability of AutomationEdge AI Agents through the Redington AI Exchange Marketplace marks an important milestone in democratizing AI-led transformation, enabling enterprises to rapidly scale intelligent automation initiatives with speed, agility, and measurable business impact. At the same time, it creates significant opportunities for partners to drive innovation, unlock new revenue streams, and deliver greater value to their customers.”

The collaboration also emphasizes localized support, implementation expertise, and customer success services, ensuring that organizations can seamlessly deploy, manage, and scale automation initiatives. By leveraging Redington’s strong partner ecosystem and AutomationEdge’s deep expertise in automation and Agentic AI, the partnership is well-positioned to address the evolving needs of modern enterprises.

As organizations increasingly prioritize productivity, operational efficiency, and AI-led transformation, this partnership marks a significant step toward making enterprise automation and Agentic AI more accessible, scalable, and impactful across industries.

 About Redington

Redington Limited (NSE: REDINGTON) (BSE: 532805), a leading technology solutions provider, empowers businesses in their digital transformation journeys. Guided by its brand narrative “Unlock Next”, Redington goes beyond distribution to remove barriers, accelerate digital adoption, and unlock access, growth, trust, efficiency, and impact—helping businesses, communities, and societies embrace what’s next in technology

About AutomationEdge

AutomationEdge is a leading Agentic Process Automation platform for global enterprises. Its platform enables organizations to automate complex business processes, deploy AI Agents at scale, improve operational efficiency, and accelerate digital transformation initiatives across industries.

Media Contact:
Rahul Wandile
rahul.wandile@automationedge.com

 

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Applied Intuition Launches Dana, the Agentic Platform for Physical AI

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New platform pairs agentic AI with the tooling, data, infrastructure and domain expertise Applied Intuition has built over nearly a decade to speed the safe development of intelligent machines for the physical world.

Dana is the first agentic platform for building, testing, deploying and operating physical AI systems across industries.Built on nearly a decade of Applied Intuition’s tooling, infrastructure, workflows and engineering expertise, Dana is purpose-built for safety-critical systems operating in the physical world.Dana helps companies build physical AI applications for any industry or use case, from autonomy and software-defined vehicles to fleet operations, robotics, construction, mining and intelligent in-vehicle experiences.Dana has already reduced critical phases of vehicle development from months to days in internal and select customer deployments.

SUNNYVALE, Calif., July 22, 2026 /PRNewswire/ — Applied Intuition, Inc., a leader in physical AI, today announced the launch of Dana, the first agentic platform for building, testing, deploying and operating physical AI systems across industries. Dana combines the power of agentic AI and rapid application development with nearly a decade of Applied Intuition’s tooling, infrastructure and engineering knowledge. The result is a unified system that accelerates the development of intelligent machines in the physical world.

“We believe physical AI will become one of the defining technologies of this century,” said Qasar Younis, co-founder and CEO of Applied Intuition. “Our ambition is to help bring intelligence to a billion machines, and Dana is the platform we built to make that possible.”

Unlike general-purpose AI tools designed primarily for digital workflows, Dana is built for the complexities of machines operating in the physical world. Dana comes with all the platform capabilities needed to build and deploy safety-critical physical AI applications, including data, visualization and tooling, as well as the evaluation, traceability and governance these systems require. The platform was designed to work across industries and with a wide range of use cases, from software-defined vehicle development and advanced driver assistance systems (ADAS) to mining and construction operations, truck fleet management, robotics and intelligent in-vehicle experiences. With Dana, customers can:

Deploy Applied Intuition’s reference applications — spanning autonomy, fleet operations, and more — or build their own.Use both natural language and command-line interfaces to complete complex development tasks more intuitively and accelerate iteration cycles across teams and systems.Integrate the platform with enterprise systems and collaboration tools, like Slack and Jira, helping organizations connect fragmented engineering and operational workflows while embedding agentic capabilities across the development process.

Applied Intuition has used Dana internally since last year, building and delivering solutions on the platform for long-standing customers across automotive, trucking, mining, and agriculture. Dana’s agent-driven workflows have reduced critical phases of vehicle development timelines from months to days in some cases. Applied Intuition has offered limited, early access to select customers, including heavy-equipment manufacturer Komatsu and Isuzu Motors, who is using the platform to accelerate L4 autonomy for its fleet of commercial trucks.

“We’ve been impressed by how Dana can streamline complex engineering workflows and accelerate development,” said Yasuhiro Yazawa, Director, Isuzu Motors Limited, Japan. “Dana gives our engineering teams greater confidence to develop, track and deploy safe autonomous-vehicle capabilities at a much faster pace.”

“Applied Intuition has been a valuable technology partner as we continue advancing the digital capabilities that support the next generation of mining equipment and solutions,” said Peter Salditt, CEO, Komatsu Mining. “Dana represents another step forward, bringing intelligent, agentic capabilities into our engineering workflows to help our teams innovate faster, improve efficiency and ultimately create greater value for our customers’ operations.”

Dana is designed to help companies keep up with the fundamental shift now underway across industries. As autonomous vehicles, robots and industrial systems become more capable, manufacturers need a more integrated way to build, validate and deploy them safely. Dana gives teams a faster path from idea to production, and the confidence to put increasingly intelligent machines into the real world.

The future of AI is physical. Dana was built for it.

To learn more about Dana and Applied Intuition’s physical AI platform, visit AppliedIntuition.com.

About Applied Intuition
Applied Intuition, Inc. is powering the future of physical AI. Founded in 2017 and now valued at $15 billion, the Silicon Valley company is creating the digital infrastructure needed to bring intelligence to every moving machine on the planet. Applied Intuition services the automotive, defense, trucking, construction, mining and agriculture industries in three core areas: tools and infrastructure, operating systems, and autonomy. Eighteen of the top 20 global automakers, as well as the United States military and its allies, trust the company’s solutions to deliver physical intelligence. Applied Intuition is headquartered in Sunnyvale, California, with nearly two dozen offices across the globe, including in London, Munich, Tokyo, Seoul, and the Washington, D.C. metro area. Learn more at applied.co or press@applied.co.

View original content:https://www.prnewswire.com/apac/news-releases/applied-intuition-launches-dana-the-agentic-platform-for-physical-ai-302831516.html

SOURCE Applied Intuition, Inc.

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