Category: Press Releases

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Estonia’s First Pumped-Hydro Energy Storage Project Zero Terrain partners with the Estonian government and receives a grant of €1,9M

Zero Terrain

Estonia’s First Pumped-Hydro Energy Storage Project Zero Terrain

TALLINN, Estonia, April 04, 2024 (GLOBE NEWSWIRE) — The Estonian Ministry of Climate signs the Memorandum of Understanding (MoU) with energy company Zero Terrain to help Estonia achieve its 100% renewable energy goal by 2030. With this cooperation, Zero Terrain is collaborating closely with the government to devise solutions to enable the realisation of the pumped-hydro energy storage (PHS) project in Estonia, including supporting securing capital and addressing market challenges.

Additionally, Zero Terrain receives a grant of €1.98M from the state’s applied research programme to support Zero Terrain project development in Estonia and technology export.

The Zero Terrain Paldiski 500MW underground long-duration energy storage plant is a significant advancement of the conventional PHS technology, making it possible to build anywhere, even on flat land.

Zero Terrain Paldiski represents a notable milestone in the country’s energy system. Paldiski Pumped Hydro Energy Storage plant is an EU Project of Common Interest (PCI project). It is the only greenfield pumped hydro energy storage project in the Northern Baltic region and will also be the largest facility in the country.

“Signing the MoU is a significant step forward in Zero Terrain’s journey towards a clean and secure energy future. We believe there can’t be a renewable energy-driven energy system without large-scale, long-duration energy storage. This collaboration signifies the cooperation and a commitment to driving positive change in the Estonian renewable energy landscape,“ says Peep Siitam, the Founder and CEO of Zero Terrain.

Estonia´s first long-duration energy storage project, Zero Terrain Paldiski, obtained the main building permits in December 2022. Construction of the country’s first pumped-hydro storage plant will begin in 2025. During the nominal operating cycle of 12 hours, Zero Terrain Paldiski generates 6GWh of power to the grid, which is somewhat more than the average daily consumption of all Estonian households.

Zero Terrain also receives a grant of 1.98M€ from the state’s applied research programme. According to Siitam, the grant will be used to develop Zero Terrain modular design, start development activities in other countries, and involve new investors in Zero Terrain Paldiski, Estonia.

“Zero Terrain is developing large-scale energy storage technology, enabling Estonia and other countries to switch to renewable energy more widely with such significant advancement of the conventional PHS technology,” says Arbo Reino, an energy expert of the Estonian Business and Innovation Agency.

“The global need for long-duration energy storage (LDES) capacity is undeniable. 85–120 TWh-hours of LDES is needed globally by 2040 (McKinsey, 2021), so the interest in our technology and project is high, especially in regions where the traditional PHS was impossible to implement due to geographical limitation,” explains  Siitam.

ZeroTerrain

Zero Terrain is jointly owned by the Estonian energy company AS Alexela, Baltic-Polish renewable energy company Sunly AS, Vool OÜ, Combiwood Grupp OÜ, Warmeston OÜ, and Ronnivara OÜ.

For media inquiries and more information, please contact: Hedwig.Meidra@zeroterrain.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2cbd052e-529e-4878-b248-52bed8e1134f

GlobeNewswire Distribution ID 1000933134

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La Barcelona Bridal Fashion Week 2024 sublime Barcelone et le monde de la mode

BARCELONE, Espagne, 04 avr. 2024 (GLOBE NEWSWIRE) — La Barcelona Bridal Fashion Week (BBFW) 2024 s’annonce comme l’une des éditions les plus remarquables à ce jour avec la participation de plus de 37 marques qui se presseront sur le podium et plus de 400 entreprises présentes à ce salon professionnel. L’événement, organisé par Fira de Barcelona avec le soutien du Ministère catalan de l’Économie et du Travail, est devenu un point de rencontre privilégié pour les créateurs et les professionnels du monde de la mode nuptiale.

Affichant une augmentation de 14 % du nombre de marques présentes et un chiffre record de 80 % d’internationalité avec des entreprises originaires de plus de 35 pays, la BBFW 2024 qui se déroulera du 17 au 21 avril prochain, promet d’être une vitrine de l’excellence et de la créativité en matière de mode nuptiale.

Albasarí Caro, la directrice de la BBFW, souligne l’importance de cette édition qui « réunira les créateurs les plus prestigieux du secteur et fera, plus que jamais, de Barcelone, l’épicentre mondial des affaires et des tendances de cette industrie ».

En outre, le célèbre créateur de haute couture et de prêt-à-porter Giambattista Valli verra tous les projecteurs se braquer sur lui lors de la Barcelona Bridal Night avec la présentation de sa troisième « Love Collection » 2025, qui marquera le premier défilé de mode exclusivement nuptial de l’histoire de la maison.

Cet événement sera alors l’occasion de présenter également des marques de haute couture telles que Zuhair Murad, Elie Saab, Stephane Rolland ou Viktor&Rolf, ainsi que d’autres créateurs d’envergure internationale bien établis à l’instar de Jenny Packham, Tony Ward ou Ines Di Santo, rejoints pour la première fois dans cette édition par Georges Hobeika.

L’événement s’ouvrira dans la ville avec l’installation artistique Barcelona Goes Bridal! (en français : Barcelone se marie) un projet qui mettra en lumière le cycle de l’industrie de la mode nuptiale et sera l’occasion de présenter des robes de marques locales.

La BBFW 2024 ne se concentrera pas uniquement sur la mode et les tendances, mais s’intéressera aux affaires, grâce à un plan ambitieux destiné à attirer les principaux acheteurs du monde entier. Plus de 80 pays seront représentés, avec une forte présence des marchés clés tels que l’Europe, les États-Unis, le Japon, la Corée du Sud et l’Amérique latine.

La cérémonie des Barcelona Bridal & Fashion Awards viendra clore l’événement en récompensant le talent et la créativité des créateurs, ainsi que leur engagement en faveur de l’innovation, de la durabilité et de l’inclusion dans leurs collections.

La Barcelona Bridal Fashion Week édition 2024 promet d’être une célébration de l’excellence de la mode nuptiale, mettant l’accent sur l’internationalité, la créativité et les opportunités commerciales.

Pour les demandes médias, veuillez contacter :

Salvador Bilurbina
E-mail : sbilurbina@firabarcelona.com
Téléphone : +34628162674

GlobeNewswire Distribution ID 1000933107

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Barcelona Bridal Fashion Week 2024 veste Barcelona e o mundo da moda

BARCELONA, Espanha, April 04, 2024 (GLOBE NEWSWIRE) — A Barcelona Bridal Fashion Week (BBFW) 2024 está pronta para se tornar uma das edições mais notáveis até hoje, com 37 grandes marcas na passarela e mais de 400 empresas participando da feira. O evento, organizado pela Fira de Barcelona e com apoio do Ministério de Negócios e Trabalho da Catalunha, tornou-se um ponto de encontro fundamental para designers e profissionais do mundo da moda nupcial.

Apresentando um aumento de 14% no número de marcas e um número recorde de 80% de internacionalidade (com empresas de mais de 35 países), a BBFW 2024 promete ser uma vitrine de excelência e criatividade em moda nupcial, entre os dias 17 e 21 de abril.

O diretor da BBFW, Albasarí Caro, destaca a importância de uma edição que “reunirá os designers mais prestigiados do setor e transformará Barcelona, mais do que nunca, no epicentro mundial dos negócios e das tendências do setor”.

Além disso, o renomado estilista de alta costura e itens “ready-to-wear” Giambattista Valli será a estrela da Noite Nupcial de Barcelona com a apresentação de sua terceira “Love Collection” 2025, a qual será também o primeiro desfile exclusivo para noivas na história da empresa.

O desfile também contará com as marcas de alta costura Zuhair Murad, Elie Saab, Stephane Rolland ou Viktor&Rolf, além de outros estilistas internacionais consagrados, como Jenny Packham, Tony Ward ou Ines Di Santo, com a presença, pela primeira vez nesta edição, de Georges Hobeika.

O evento se abrirá para a cidade com o Barcelona Goes Bridal!, uma instalação artística que representará o ciclo do setor de moda nupcial e exibirá vestidos de marcas locais.

A BBFW 2024 não se restringirá apenas à moda e às tendências, mas também aos negócios, com um plano ambicioso para atrair os principais clientes internacionais. Mais de 80 países estarão representados, contando com uma grande presença dos principais mercados, como Europa, EUA, Japão, Coreia do Sul e América Latina.

A cerimônia do Barcelona Bridal & Fashion Awards encerrará o evento, reconhecendo o talento e a criatividade dos estilistas, assim como seu compromisso com a inovação, a sustentabilidade e a inclusão em suas coleções.

A Barcelona Bridal Fashion Week 2024 se propõe a ser uma celebração da excelência em moda nupcial, com foco na internacionalidade, criatividade e oportunidades de negócios.

Para atendimento à imprensa, entre em contato com:

Salvador Bilurbina
E-mail: sbilurbina@firabarcelona.com
Telefone: +34 628162674

GlobeNewswire Distribution ID 1000933107

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EB5 Capital’s Green House Gravity Apartments (JF39) Project Receives I-956F Approval from USCIS

WASHINGTON, April 04, 2024 (GLOBE NEWSWIRE) — EB5 Capital is excited to announce that its Green House Gravity Apartments (JF39) project was approved by the United States Citizenship and Immigration Services (USCIS) on March 25, 2024, after pending for approximately 11 months. This Form I-956F approval confirms that USCIS has assessed and verified the compliance of the project and its related documents. Now that the project is approved by USCIS, investors who filed I-526E conditional green card petitions in this project can anticipate receiving individual petition approvals in the near future.

Green House Gravity Apartments (JF39) is the development of a Class A multifamily building with a high-end design centered around health and wellness. The project is in Columbus, Ohio, and when complete will contain 313 apartment units, 5,200 square feet of ground-floor retail, 324 secured garage spaces, a full fitness center, a pool and sauna, hot and cold plunge tubs, therapy rooms, and other onsite wellness services.

“We are pleased with this swift project approval from USCIS,” said Patrick Rainey, Senior Vice President of Investments at EB5 Capital. “The project began construction late last year when we started the EB-5 raise. We are happy that the raise is complete, and the project is approved, which are two significant milestones in the EB-5 process.”

Green House Gravity Apartments (JF39) represents Phase 3 of a master development plan and builds upon the momentum of Gravity Phases 1 and 2. Phase 1 consists of 234 units and was completed in 2019. Phase 2 consists of 325 units and opened in 2023. All three phases are adjacent to one another and are managed by Kaufman Development. EB5 Capital will continue to carefully track USCIS’ petition approvals in JF39 and attentively monitor the remainder of the construction process, keeping investors fully informed.

About EB5 Capital

EB5 Capital provides qualified foreign investors opportunities to invest in job-creating commercial real estate projects under the United States Immigrant Investor Program (EB-5 Visa Program). As one of the country’s oldest and most active Regional Center operators, the firm has raised more than one billion dollars of foreign capital across nearly 40 EB-5 projects. Headquartered in Washington, DC, EB5 Capital’s distinguished track record and leadership in the industry has attracted investors from over 75 countries. Please visit www.eb5capital.com for more information.

Contact:
Katherine Willis
Director, Marketing & Communications
media@eb5capital.com

GlobeNewswire Distribution ID 9084798

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AI-Media Revolutionizes Captioning for DAZN with AI-Powered LEXI Tool Kit

AI-Media Revolutionizes Captioning for DAZN with AI-Powered LEXI Tool Kit

AI-Media, a global leader in end-to-end captioning technology solutions, is excited to announce its newly established partnership with DAZN, the global sports entertainment streaming platform. Through this collaboration, AI-Media will deliver live and recorded multi language and translated captioning using various solutions from its AI-powered LEXI Tool Kit.

LONDON, April 04, 2024 (GLOBE NEWSWIRE) — AI-Media, a global leader in end-to-end captioning technology solutions, is excited to announce its newly established partnership with DAZN, the global sports entertainment streaming platform. Through this collaboration, AI-Media will deliver live and recorded multi language and translated captioning using various solutions from its AI-powered LEXI Tool Kit.

DAZN Group is one of the world’s fastest-growing sports media platforms, and this partnership marks a significant moment in their commitment to inclusivity and accessibility of their content. Leveraging AI-Media’s LEXI Tool Kit, DAZN will seamlessly integrate live captions across its extensive and diverse premium sports content, enriching the viewer experience for millions worldwide.

Key highlights of this partnership include:

Cutting-Edge Technology: LEXI 3.0, AI-Media’s latest automatic captioning solution, introduces innovative features such as speaker identification and AI-powered caption placement, ensuring accuracy exceeding 98%. LEXI’s advanced vocabulary caters to region-specific nuances, including challenging pronunciations and complex spellings, enhancing the quality of sport content captioning.

Complete End-to-End Solution: DAZN will utilize AI-Media’s Alta IP caption Encoder for LEXI Live captioning delivery. Alta offers a virtualized, API-powered software solution tailored for IP video environments, ensuring seamless integration.

Expanded Language Support: Initial rollout includes Spanish and English captions for EMEA and US markets, with plans for additional languages through LEXI Translate, encompassing French, German, Italian, Arabic, Japanese, and more. This supports DAZN’s global expansion strategy across its 120 channels, catering to diverse audiences worldwide.

Support for On-Demand FAST Channels: DAZN has implemented AI-Media’s LEXI Recorded solution for captioning pre-recorded content on their FAST (Free Ad-supported Streaming TV) Channels. LEXI Recorded, a newly launched solution in the LEXI Tool Kit, offers fast turnaround, highly accurate and low-cost captions – essential for high volume, time-sensitive captioning applications of recorded content such as this.

Cost-Effective Solution: Transitioning from costly human captioning services to AI-Media’s LEXI platform enables DAZN to deliver multi-language captions across multiple channels at the same cost as human delivery, enhancing accessibility while optimizing resources.

Mark Lovatt, General Manager of Global Strategic Accounts at AI-Media, expressed enthusiasm about the partnership: “With this new agreement, we’re excited to bring live and recorded multilingual captions to DAZN viewers using our LEXI Tool Kit solutions. Choosing AI-Media for LEXI automated captioning underscores the impact of Artificial Intelligence on the industry. As the top automatic captioning provider, we’re uniquely positioned to deliver high-quality captions for DAZN at a lower cost. This partnership marks a milestone in our global sports market expansion, and we’re thrilled to work with DAZN to make their content accessible to all viewers through our leading automated captions.”

James Pearce, SVP Broadcast & Streaming at DAZN, commended the partnership, saying, “DAZN is at the forefront of using technology to improve the enjoyment and viewing experience of fans. This partnership with AI-Media is another example of where DAZN uses best in class tech-based solutions to deliver the services and products that our customers want and expect. DAZN is all about putting customer choice at the centre of our offer, so we will be working hard to roll this out across all our services and looking forward to progressing this with AI-Media.”

As AI-Media continues to expand its footprint in the global sports market, this partnership exemplifies the dedication of both organizations to making content accessible to diverse audiences worldwide. Through innovative technologies and strategic collaborations such as this, AI-Media remains at the forefront of driving positive change in the media accessibility landscape.

About AI-Media:

Founded in Australia in 2003, AI-Media is a pioneering technology company specializing in innovative captioning workflow solutions. As a global leader, AI-Media provides high-quality AI-powered live and recorded captioning and translation technology and solutions to a diverse range of customers and markets worldwide. For the first time in February 2024, AI-Media was able to unveil groundbreaking data showcasing the superiority of its AI captioning product, LEXI, over traditional human workflows. This milestone further solidifies AI-Media’s position as the foremost AI technology leader in live and recorded captioning workflow solutions. With a commitment to utilising our deep industry experience and sophisticated AI technology to create solutions which streamline and simplify processes, AI-Media (ASX: AIM) empowers leading broadcasters, enterprises and government agencies globally to ensure seamless accessibility and inclusivity in their content.

For more information on AI-Media please visit AI-Media.tv

About DAZN:

DAZN is the home of European football, women’s football, boxing and MMA, and the NFL (excl. USA). DAZN is building the ultimate sports entertainment platform, based on premium sports rights, world-leading tech, and multi-platform distribution. DAZN believes that fans from across the globe should be able to watch, read, bet, play, share, socialise, buy tickets and merchandise, all in one place, with one account, one wallet and on one app.

For more information on DAZN, our products, people, and performance, visit dazngroup.com.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fac37fd7-88bf-4157-b159-f7cfa3047bd0

MEDIA CONTACT:

AI-Media: Fiona Habben – Fiona.habben@ai-media.tv

DAZN: Dan Johnson - dan.johnson@dazn.com

GlobeNewswire Distribution ID 9084532