LONDON, Oct. 21, 2026 /PRNewswire/ — Scrumconnect, a UK AI and digital transformation consultancy, has been appointed by the NHS Business Services Authority (NHSBSA) to provide AI adoption and implementation services after a competitive tender process.

The NHSBSA is an arm’s length body responsible for providing platforms and delivering services that support the priorities of the NHS, Government and local health economies, with over £100 billion of NHS spend flowing through its systems each year.

To deliver the engagement, Scrumconnect’s data and AI consultants will support the NHSBSA’s delivery teams to help set guidelines for the safe and ethical use of AI, introduce practical AI tools to support service delivery, and provide training for the NHSBSA to operate its AI systems.

Fay Cooper, Portfolio Director at Scrumconnect, said: “Using AI responsibly in public services depends on setting clear boundaries around how it should be used, and making sure that people can use it with confidence. Our work to support the NHSBSA will help the organisation as it puts both in place, and we’re pleased to have been selected for the engagement.”

About Scrumconnect

Scrumconnect is a data and AI-first digital transformation consultancy supporting public and private sector organisations to modernise complex systems and deliver outcomes at scale. The company works across the full delivery lifecycle and delivers large scale programmes. The organisation operates in highly regulated environments and is certified to ISO 9001 and ISO 27001 standards, with supplier status across Crown Commercial Service technology frameworks.

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HONG KONG, Oct. 21, 2026 /PRNewswire/ — SINEXCEL (300693.SZ), a global provider of energy storage, EV charging, power quality, and critical power solutions for AI data centers (AIDCs), has been named to Forbes Asia’s Best Under A Billion 2026, marking its second recognition following 2023.

Published in the August 2026 issue of Forbes Asia, the unranked list recognizes 200 publicly listed companies selected from over 19,000 Asia-Pacific companies with annual revenues between US$10 million and US$1 billion. Selection criteria include debt levels, sales and earnings-per-share growth over one- and three-year periods, and return on equity over one and five years. Qualitative screening also considers corporate governance, accounting practices, environmental responsibility, and management integrity, highlighting companies with strong, sustainable performance.

SINEXCEL is among the 28 Chinese companies selected for this year’s list, recognized for its solid financial performance and sustained business growth.

Sustained Growth Powered by Innovation

SINEXCEL has demonstrated strong business momentum, achieving a five-year compound annual growth rate (CAGR) of 35.05% in revenue and 35.04% in net profit attributable to shareholders of the parent company, with both return on equity (ROE) and return on invested capital (ROIC) exceeding 20%.

From 2019 to 2025, cumulative R&D expenditure exceeded US$176 million (€157 million), while technical professionals represented nearly 30% of its 2,600+ employees in 2025.

Guided by a customer-centric approach, long-term thinking, and a commitment to high-quality growth, SINEXCEL continues to refine its management practices to strengthen market competitiveness and business resilience.

Global Leadership Across Key Energy Technologies

Founded in 2007, SINEXCEL has achieved 17 GW of installed energy storage capacity, over 200,000 DC EV chargers deployed, nearly 20 million amperes of Active Harmonic Filters delivered, and more than 700 data center power quality projects worldwide.

The company was also recognized as a BloombergNEF Tier 1 Power Inverter Manufacturer in Q1–Q3 2026.

Beyond technology, SINEXCEL continues to strengthen its ESG governance framework. At the 2025 Brandon Hall Group Excellence in Action Awards™, a prestigious program recognizing excellence in human capital management, the company received Silver in Promotion and Succession and Bronze in Diversity, Equity, and Inclusion.

Advancing Energy Freedom Worldwide

This second Forbes Asia recognition reinforces SINEXCEL’s commitment to sustainable growth and technological excellence as it continues to advance power electronics innovation, strengthen global partnerships, and deliver reliable, efficient energy solutions to empower energy freedom worldwide.

Contact: melody_yu@sinexcel.com

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GOTHENBURG, Sweden, Oct. 21, 2026 /PRNewswire/ — Minesto, leading ocean energy developer, has been selected to participate in the Sweden-Indonesia Sustainability Partnership (SISP), a Swedish government-backed initiative supporting sustainable development and business collaboration in Indonesia. Through the partnership, Minesto will work closely with Business Sweden to advance tidal energy opportunities in one of the world’s most promising markets for ocean energy, supporting Indonesia’s transition towards a sustainable energy system.

The Sweden-Indonesia Sustainability Partnership brings together Swedish companies and Indonesian stakeholders to accelerate the adoption of sustainable technologies and solutions. Within the partnership’s Sustainable Energy Programme, Minesto will collaborate with Business Sweden to develop commercial opportunities for its unique tidal energy technology, including identifying strategic partners, facilitating access to financing and advancing project development.

Indonesia, the world’s largest archipelagic nation, offers significant potential for tidal energy generation. Its extensive network of islands and straits creates favourable conditions for harnessing tidal currents, with the country’s total ocean energy potential estimated at approximately 60 GW. At the same time, Indonesia faces substantial challenges in its energy transition. With electricity generation still heavily dependent on fossil fuels, the country faces considerable challenges in expanding renewable energy across its thousands of islands.

Minesto’s patented tidal energy technology offers a new opportunity to harness this largely untapped resource. By generating electricity from predictable tidal currents, including at sites with lower flow velocities, Minesto’s technology can complement established renewable energy sources such as solar and wind, contributing to a more reliable and diversified renewable energy system.

Johan Lennefalk, Acting Country Manager Indonesia, Business Sweden, comments, “Indonesia has significant untapped potential in ocean and hydropower resources, which can play an important role in diversifying the country’s renewable energy mix. Minesto’s technology offers a particularly promising solution by harnessing tidal currents that have previously been difficult to utilise, providing predictable renewable electricity that complements other hydropower and ocean energy solutions. We look forward to continuing to work with Minesto and other companies to contribute to Indonesia achieving its net-zero emission target by 2060.”

The collaboration builds on Minesto’s ongoing business development in Indonesia. One of the opportunities is a tidal energy project at Nusa Penida, southeast of Bali, where Minesto is involved in feasibility assessments together with local partners. Through the collaboration with Business Sweden, Minesto will further strengthen local partnerships to advance project development.

“Indonesia represents one of the largest global markets for our technology. The country’s extensive tidal resources, combined with its growing demand for reliable renewable electricity, create significant opportunities. Being a part of the Sweden-Indonesia Sustainability Partnership strengthens our ability to turn this potential into commercial projects, working alongside Business Sweden and key Indonesian stakeholders,” comments Dr Martin Edlund, CEO of Minesto.

Peter Hjertsson, Energy Lead, Business Sweden, comments, “The Sweden-Indonesia Sustainability Partnership provides an important platform for connecting Swedish companies including Minesto with Indonesia’s growing demand for sustainable energy solutions. We see opportunities to build on this collaboration and explore larger-scale strategic initiatives at a national level that can contribute to Indonesia’s long-term energy transition.”

Contact

Cecilia Sernhage, Chief Communications Officer
+46 735 23 71 58
ir@minesto.com 

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