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SUNGROW and MSR-GE Ink Partnership Agreement for 100MW/400MWh Sabah Battery Energy Storage System Project

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KUALA LUMPUR, Malaysia, Sept. 26, 2024 /PRNewswire/ — Sungrow, the global leading PV inverter and energy storage system provider, has recently inked an agreement with MSR Green Energy SDN BHD (MSR-GE) to advance a 100MW/400MWh Battery Energy Storage System (BESS) project in Sabah, Malaysia.

This project is expected to play a crucial role in the region’s transition to renewable energy and sustainable development. The final installed capacity will be 517MWh to meet the client’s long-term capacity needs.

MSR-GE, the lead company in the venture, successfully secured the tender from Sabah Electricity Sdn. Bhd. (SESB) and accepted a Letter of Award dated September 11, 2024. The contract, valued at approximately RM645 million, covers the engineering, procurement, and construction of the Sabah BESS Project.

The signing ceremony was attended by Sungrow Senior Vice President Mr. James Wu and MSR-GE Director Mr. Xavier Qiang at Sungrow’s headquarters. The BESS project will utilize cutting-edge battery technology, an advanced Power Conversion System, a Medium Voltage system, and an Energy Management System, all designed to ensure efficient performance and operational stability.

As a market leader, Sungrow offers MSR-GE a complete solution that integrates its technological innovations in renewable energy, enhancing efficiency and sustainability while addressing the specific demands of the energy market.

Mr. Xavier Qiang, Director of MSR-GE, shared his excitement about the partnership: “We are truly honored to collaborate with Sungrow, one of China’s top BESS providers with a strong global track record. MSRGE has successfully implemented an off-grid Solar BESS hybrid system with Sungrow’s solution to supply 24/7 clean energy to a palm oil plantation in Sabah. We look forward to merging MSR-GE’s expertise in energy project delivery with Sungrow’s specialized BESS experience to bring the world’s most advanced and reliable grid-scale energy storage solutions to Malaysia. This will help Sabah tackle current power supply and grid stability challenges, while ensuring the grid is ready for future renewable energy plants.”

Sungrow’s Malaysian Country Manager, Mr. Cobe He, highlighted the significance of the collaboration, stating, “We will deploy a dedicated project team to fully support MSR-GE, ensuring efficient execution and smooth project progress. Our local team will provide long-term quality assurance, performance guarantees, and a comprehensive Long-Term Service Agreement (LTSA) to ensure exceptional performance and enduring value.”

This partnership strengthens the strategic relationship between Sungrow and MSR-GE in the renewable energy sector, laying a strong foundation for future cooperation.

About MSR-GE

MSR Green Energy SDN BHD (MSR-GE) is primarily engaged in the installation and servicing of solar photovoltaic (PV) systems, as well as the management, consultancy, and construction of renewable energy projects. The company is also involved in electrical works and related ancillary businesses. As a developer, MSR-GE specializes in the design and engineering, procurement, construction, and commissioning (EPCC) of solar PV systems. Vernon Ong Kah Hui, one of the promoters of MSR-GE and a founder of Malaysian Solar Resources Sdn. Bhd., has played a key role in commissioning approximately 176 megawatt-peak of solar PV facilities, including ground-mounted, net energy metering (NEM), retrofits, and building-integrated PV systems. MSR-GE is a 20% associated company of Seal Incorporated Berhad, a company listed on the Main market Bursa Securities, balance 40.8% is held by KVC Corporation Sdn Bhd and balance equity interest by Vernon Ong and Xavier Qiang.

About Sungrow

Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 27 years. As of June 2024, Sungrow has installed 605 GW of power electronic converters worldwide. The Company is recognized as the world’s No. 1 on PV inverter shipments (S&P Global Commodity Insights) and the most bankable Asian energy storage company (BloombergNEF). Its innovations power clean energy projects in over 170 countries, supported by a network of 490 service outlets guaranteeing excellent customer experience. At Sungrow, we’re committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit www.sungrowpower.com. 

About The Sabah BESS Project

In November 2023, Sabah Electricity Sdn. Bhd. (SESB) conducted a tender for the Sabah Battery Energy Storage System (BESS) Project, and MSR-GE along with its consortium partners submitted their bid in December 2023. SESB has since received a Letter of Notification from the Energy Commission of Sabah for the 100MW BESS with a 400MWh capacity, located in Lahad Datu on the eastern coast of Sabah.

This project, which boasts a maximum energy storage capacity of 400MWh, will be one of the largest BESS system in Southeast Asia. Scheduled to commence in September 2024, it is expected to be completed by June 30, 2025. The BESS project is part of SESB’s ongoing efforts to strengthen the Sabah Grid’s infrastructure and boost its generation capacity. The BESS will increase the grid’s reserve margin during peak demand periods and provide crucial support for large-scale solar energy expansion in the region. Additionally, the project will enhance grid stability, promote environmental sustainability, and create more opportunities for the development of renewable energy capacity in Sabah.

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SOURCE Sungrow

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STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

View original content:https://www.prnewswire.com/news-releases/stephen-a-smith-addresses-white-house-dinner-attendance-reaffirms-commitment-to-hbcus-and-protecting-corporate-investment-in-black-education-302918547.html

SOURCE Straight Shooter Media

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Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

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TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

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Club Offers for Travel Enthusiasts in Canada

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TORONTO, Oct 23, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces three of many new Club Offers for Club Members in Canada.

Rigorously vetted and negotiated for us travel enthusiasts:

$799—COSTA RICA WEEK WITH FLIGHTS & CAR
We think fall is an ideal time to visit Costa Rica; the scenery is lush and the crowds are gone. Drive between volcanic Arenal and the idyllic beaches of Tamarindo on this seven-night trip. Since it’s not as busy, we were able to negotiate a price that saves members up to $648 on departures through mid-December.

$899—BARCELONA: 5 NIGHTS WITH FLIGHTS
Explore Barcelona’s world-class museums and architectural masterpieces in the quieter winter months to pack more into your trip. You won’t waste hours in lines and can access top restaurants that are fully booked in summer. We save $300 on travel this January and February, when temperatures are still spring-like. Roundtrip flights from Toronto, hotel and daily breakfast are included.

$999—ST. KITTS GETAWAY FOR 2, REG. $2083
Most visitors to St. Kitts book months in advance, but when we pointed out that travel enthusiasts are more spontaneous, this resort gave us a terrific rate for stays this November and December. Spend four nights in Frigate Bay and get an upgraded Oceanview room, too.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact: 
Amanda Ieraci – Toronto
+1 437 866 8540
aieraci@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-for-travel-enthusiasts-in-canada-302918543.html

SOURCE Travelzoo

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