June 12, 2023 – Page 2 – Asean Tribune

June 12, 2023

Copenhagen Infrastructure Partners to finalise construction of Tønder Biogas

Copenhagen Infrastructure Partners through its CI Advanced Bioenergy Fund I (CI ABF I) today announced the signing of an Engineering, Procurement & Construction contract for the completion of its Tønder Biogas facility.

COPENHAGEN, Denmark, June 12, 2023 (GLOBE NEWSWIRE) — Copenhagen Infrastructure Partners (CIP) and Danish biogas technology provider, Lundsby Renewable Solutions A/S (Lundsby), have signed a contract for the design and construction of the remaining facility of Tønder Biogas, located in the municipality of Tønder in the Southern part of Jutland, Denmark.

CIP acquired Tønder Biogas in February 2023 from Canadian based Anaergia. The plant achieved first gas in November 2022 and will at full capacity be one of the largest biogas plants in Europe, converting approximately 900.000 tons of green sustainable feedstock – agricultural and industrial organic waste – into approximately 40m. Nm3 of renewable natural gas.

Tønder Biogas has been in operation since December 2022 and is currently approximately 25% finalised. Production will increase as the facility is expanded. Construction of the remaining part of the facility will begin over the Summer and completion is expected in 2025.

Thomas Dalsgaard, Partner at CIP says: “We are pleased to partner up with Lundsby, a Danish company with several years of experience in building biogas plants to complete Tønder Biogas. Together we look forward to progressing the project and work together with the municipality of Tønder, local farmers and suppliers. Tønder Biogas will create not only green energy and a significant contribution to the green transition, but also local jobs and investments.”

CEO of Lundsby, Niels Pedersen added: “We are excited to be responsible for finalising the design and construction works of what will become one of the of the largest biogas plants in Denmark and Europe. Our many years of experience from the biogas industry in combination with CIP’s entrepreneurial DNA and project management skills will ensure that Tønder Biogas will become a showpiece of tomorrows biogas facilities.”

About Copenhagen Infrastructure Partners
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focuses on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.

CIP manages ten funds and has to date raised approximately EUR 19 billion for investments in energy and associated infrastructure from more than 140 international institutional investors. CIP has approximately 400 employees and 11 offices around the world. For more information, visit www.cip.com

About Lundsby Renewable Solutions A/S
Headquartered in Løgstrup, Jutland, Lundsby Renewable Solutions A/S is one of Denmark’s major biogas developers with more than 27 years’ experience in converting biomass into green and CO² neutral gas. Lundsby has the vision to make our Blue planet Greener and has invested significantly in resources and knowledge to be the company of first choice when clients are seeking best in class solutions for the green transition. Lundsby has currently projects and feasibility studies across Europe. For more information, please visit www.lundsby.dk

For further information, please contact:

Simon Mehl Augustesen, Chief Communication Officer
Phone: +45 3052 6721
Email: siau@cip.dk

Thomas Kønig, Partner – Investor Relations
Phone: +45 7070 5151
Email: tkon@cip.dk

GlobeNewswire Distribution ID 1000824767

June 12, 2023

Gorilla Technology Group Signs Heads of Terms to Acquire Bacom Internetwork

–Bolsters global expansion strategy–

–Entry point to provide Smart City solutions in Thailand–

LONDON, June 12, 2023 (GLOBE NEWSWIRE) — Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, today announced that it agreed to binding terms to acquire Bacom Internetwork, a leading pioneer, distributor and systems integrator of Smart City Infrastructure solutions in Thailand.

The planned transaction is expected to close by the end of September and is subject to confirmatory due diligence, finalizing transaction documentation, and obtaining necessary local regulatory approvals. Following the completion of the transaction, Bacom will become a wholly-owned subsidiary of Gorilla.

The acquisition is a significant milestone in Gorilla’s goal to establish a globally dominant position for Smart and Safe City solutions. With Bacom’s record of accomplishment, as a leading provider in Thailand, there is exceptional potential for further expansion. Based on internal analysis and current market projections, Gorilla believes that Bacom could achieve a compounded annual growth rate (CAGR) of over 50% over the next three years.

“This acquisition embodies Gorilla’s bold vision and dedication to excellence as we pursue an ambitious global expansion strategy. By leveraging the synergies between Gorilla and Bacom, this strategic move sets the stage for success in providing Smart City Infrastructure solutions and improving living standards as the global economy continues to urbanize at an unprecedented rate,” said Jay Chandan, Chairman and CEO of Gorilla.

“We expect this acquisition to accelerate the delivery of AI-powered solutions and enable Gorilla to offer a more integrated Platform as a Service (PaaS) that will help build a competitive advantage globally. Moreover, we believe this transaction will improve our earnings and bring significant value to our shareholders,” added Chandan.

“We believe that Gorilla will bring to Thailand AI capabilities that are in high demand. Thailand has put in motion its national AI strategy and action plan, wherein by 2027, the country aims to have an effective ecosystem for developing and applying AI, proven to enhance the economy and improve our quality of life. Being part of Gorilla will enable us to integrate additional AI capabilities to meet the demands of a larger customer base by delivering more comprehensive solutions and enhancing existing ones. Based on our outlook for the next three years, we expect this deal to bring substantial benefits to our existing suppliers and vendors and create a more diverse and supportive environment for employees to succeed,” said Tanakrit Rojanasiraprapa, Founder & Managing Director for Bacom.

Twitter

About Gorilla Technology Group Inc.

Gorilla, headquartered in Taipei, Taiwan, is a global solution provider in security intelligence, network intelligence, business intelligence and IoT technology. Gorilla develops a wide range of solutions including Smart Cities, Smart Retail, Enterprise Security, and Smart Media. In addition, Gorilla provides a complete Security Convergence Platform to government institutions, telecom companies and private enterprises with network surveillance and cyber security.

Gorilla places an emphasis on offering leading technology, expert service, and precise delivery, and ensuring top-of-the-line, intelligent and strong edge AI solutions that enable clients to improve operational performance and efficiency. With continuous core technology development, Gorilla will deliver edge AI solutions to managed service providers, distributors, system integrators, and hardware manufacturers. For more information, please visit our website: Gorilla-Technology.com.

About Bacom Internetwork Co., LTD

Since 2011, Bacom Internetwork Co., Ltd. has been the systems integrator and distributor of some of the most intelligent and innovative security technologies in Thailand. Bacom’s team are highly knowledgeable and experienced in security system integration. Together with their professional team of skillful technical and engineering specialists, clients are serviced by the best-in-class design, recommendations and state of the art SMART Building solutions that is tailor made to meet the ever-changing security demands of their businesses.

For more information, please visit website: Bacominternetwork.com

Forward-Looking Statements

This press release contains forward-looking statements, which are based on estimates, assumptions, and expectations. Actual results and performance could differ materially and adversely from those expressed or implied in forward-looking statements. Gorilla does not undertake any obligation to update any forward-looking statements, except as required by law.

Media Contact:

Jeff Fox
The Blueshirt Group for Gorilla
+1 (415) 828-8298
jeff@blueshirtgroup.com

Investor Relations Contact:

Gary Dvorchak
The Blueshirt Group for Gorilla
+1 (323) 240-5796
gary@blueshirtgroup.com

Scott McCabe
The Blueshirt Group for Gorilla
+1 (917) 434-3275
scott@blueshirtgroup.com

GlobeNewswire Distribution ID 8856012

June 12, 2023

First Cryptocurrency Miners with Plug-and-Play Integrated

NEW YORK, June 12, 2023 (GLOBE NEWSWIRE) — The crypto market has recently witnessed the emergence of the world’s first plug-and-play crypto miners that can be used without any prior mining knowledge or experience. Bitmanu’s BM1, BM2, and BM Pro miners allow users to start mining simply by connecting to the internet via Wi-Fi or Cable and entering the pool data or choosing Bitmanu’s free mining pool.

Immediately after its launch, the market immediately took notice of Bitmanu miners because of their high hash powers. Some noted industry experts believe that the hash powers of these rigs can’t be matched by any other existing product. As a direct consequence of their hash-rates, Bitmanu miners are super-efficient in terms of earning rewards by processing transactions.

Market Leading Hash Powers

BM1: Bitcoin 760 TH/s, Litecoin 80 GH/s, Dash 15 TH/s, Monero 6 MH/s
BM2: Bitcoin 1220 TH/s, Litecoin 128 GH/s, Dash 25 TH/s, Monero 10 MH/s
BM Pro: Bitcoin 3900 TH/s, Litecoin 400 GH/s, Dash 75 TH/s, Monero 32 MH/s

Another useful feature of Bitmanu miners is their moderate power consumptions. The power consumptions of BM1, BM2, and BM Pro are 50W, 850W, and 2200W respectively, which is surprising given their enormous computational power. A combination of these two factors has made Bitmanu miners the most profitable mining rigs ever in the history of the industry.

Unprecedented Monthly Profits

BM1: Bitcoin $1300, Litecoin $1800, Dash $4800, Monero $3600
BM2: Bitcoin $2100, Litecoin $2900, Dash $8500, Monero $6000
BM Pro: Bitcoin $6600, Litecoin $9000, Dash $26,000, Monero $20,000

“In addition to creating the most profitable rigs ever, we also wanted to level the playing field by delivering simple-to-use products that anyone can use and make a decent earning,” said David Letoski, CMO of Bitmanu.

To find out more about Bitmanu, please visit https://bitmanu.com/

About Bitmanu: Bitmanu is a manufacturing company created, owned, and managed by a team of investors and noted crypto industry experts dedicated to bringing the benefits of latest technological innovations to the public. The company offers a stunning range of crypto miners that offer superfast return on investment, and can be set up and used by all regardless of their experience and knowledge.

Alex Torum
media@bitmanu.com
+1 347 973 5948

GlobeNewswire Distribution ID 1000824766

June 12, 2023

Legality and Merit Prize, projects awarded in Rome’s Luiss University by the Italian Ministers

Paola Severino

Paola Severino Vice Presidente Università Luiss

Stimulating dialogue between the university and high school students, combating educational poverty, and promoting the transmission of values such as legality, the fight against corruption, mutual respect, environmental protection, and culture while fostering individual talent – the project Legalità e Merito (Legality and Merit), born from an idea by Luiss Guido Carli’s Vice President Paola Severino and promoted by the university itself, has reached its 6th edition.

Severino has had a prominent career in academia and politics, specializing in criminal law and criminal procedure. She is a former Italian Minister of Justice who coordinated and participated in research units for national and international projects. She also received numerous awards for her scientific and professional work.

Presenting the winning ideas of the initiative Legalità e Merito in Rome’s Luiss campus were also the Minister of Education and Merit Giuseppe Valditara, the Minister of University and Research Anna Maria Bernini, the Minister of Justice Carlo Nordio (via video message), Vice President of the Superior Council of the Judiciary Fabio Pinelli, the National Anti-Mafia and Anti-Terrorism Prosecutor Giovanni Melillo, and the President of the National Anti-Corruption Authority Giuseppe Busia.

Premio “Legalità e Merito”

Over the past six years, Legalità e Merito has reached over 4,200 students throughout Italy. Some of them, after enrolling at Luiss, have decided to participate in the project again, this time as Ambassadors.

This year’s edition saw the participation of over 170 students from the university, a record number since the start of the initiative, along with 28 coordinators comprising research fellows, doctoral students, and Luiss’s tutors, who facilitated the development of projects and ideas by young people from 12 schools, 4 Juvenile Penal Institutes (in Acireale, Caltanissetta, Bari, and Florence), and 4 Social Service Offices for Minors (in Rome, Trieste, Naples, and Palermo).

During the closing ceremony of Legalità e Merito, three projects were awarded. The winners were: the video Sounds and Colors that Silenced My Life from V. Capalbi High School in Vibo Valentia, a story of hope against self-isolation, dedicated to the redemption of a girl with Hikikomori syndrome; the work of the Juvenile Penal Institute in Bari, titled The Room of Affection, which proposes the creation of a space where young detainees can more easily meet their families and friends, fostering personal relationships, combating emotional isolation, and facilitating the reintegration process; finally, the audiobook United in Diversity from the S. Livi I.C.C. in Prato, which highlights the importance of forming school classes that promote inclusion and the principles of European citizenship among different cultures and nationalities.

Attachments

GlobeNewswire Distribution ID 1000824751

June 12, 2023

More than 5,000 people flee villages in Myanmar’s Tanintharyi region

More than 5,000 people have fled their homes in Myanmar’s southernmost Tanintharyi region, locals told RFA Monday.

The mass exodus follows the capture of 30 residents of villages in Thayetchaung township during junta raids between Thursday and Sunday.

Locals said at least six villages are empty after residents fled in heavy rains.

One woman, who didn’t wish to be named for safety reasons, told RFA a convoy of around 100 soldiers entered Ka Net Thi Ri village on Thursday, only to be ambushed by members of a local People’s Defense Force.

A junta ship arrived by sea and reinforcements opened fire with heavy artillery.

The local defense force surrounded the village, leading junta troops to seize residents to use as human shields, the woman said.

“The first day the junta column arrived, they arrested about 30 people camped at the monastery at the top of the village,” she said.

“The next day, they used the people as human shields and moved them to the safety of Hpa Yar Koe Su mountain. The captured include the elderly and children. Those who can escape have fled.”

Another resident of a nearby village, who also requested anonymity, told RFA locals fled to other villagers or left in boats.

“They brought nothing when they fled … in heavy rain”,” she said.

“They need clothes and accommodation urgently. Food is provided by our village.

A member of the Thayetchaung People’s Defense Force said junta troops have only one escape route, which the PDF has blocked.

“The battle may take a long time. It is still very difficult for them to get out by the way we have blocked,” said the man, who declined to be named.

“We prepared as much as possible in advance.”

The Thayetchaung People’s Defense Force was aware of the possibility of junta attacks as early as June 8, warning civilians to travel along the local roads only between 6am and 9pm

The junta has not released a statement on the current fighting and calls to the local junta spokesperson, Yin Htwe, went unanswered Monday.

Translated by RFA Burmese. Edited by Mike Firn.

June 12, 2023

Cuba spy base revelations may jeopardize Blinken China visit

Chinese state media has reacted forcefully to reports of an alleged Chinese “electronic eavesdropping facility” on Cuba, claiming that the “smearing” of China jeopardizes an anticipated Beijing visit by U.S. top diplomat Antony Blinken.

A Wall Street Journal story on Thursday last week claimed that China has invested in Cuba with the purpose of establishing a listening post there.

The report was first denied by White House National Security Council spokesman John Kirby as “not accurate” but later confirmed on Saturday, by an anonymous Biden administration official, who told Politico that China has operated a spy base out of Cuba since at least 2019, adding, “This is an issue that this administration inherited.”

The unnamed official said that the base, which can pick up U.S. military and commercial signals, is “an ongoing issue … not a new development.”

China pushes back

Chinese Foreign Ministry spokesman Wang Wenbin said in a press conference on Friday he was “not aware” of any such arrangement.

“It is well known that the US is an expert on chasing shadows and meddling in other countries’ internal affairs,” he said, adding that the U.S. has “long illegally occupied Cuba’s Guantanamo Bay for secretive activities and imposed a blockade on Cuba for over 60 years.

“The US is the global champion of hacking and superpower of surveillance,” Wang said.

Chinese media claimed that the “media hype” and “smearing” of China put the thawing of Sino-U.S. relations at risk.

“The U.S. had unilaterally announced that top diplomat Antony Blinken planned to visit China in February of this year, but it was postponed due to the so-called ‘balloon incident,’” the online version of state mouthpiece the People’s Daily said.

“This time U.S media once again claims Blinken may soon be visiting China, while broadcasting ‘fake news’ that China intends to build an eavesdropping facility in Cuba.”

Blinken’s visit is tentatively scheduled for June 18 with hopes it might bring about a thaw in China-U.S. relations, but China has yet to agree to the visit and has rebuffed many recent overtures from Washington.

‘U.S. politics to blame’

Chinese press continued that it was difficult not to suspect that “some forces in the U.S. political arena … do not want Sino-U.S. relations to ease [and] are constantly undermining the relationship between the two countries.”

The English-language tabloid Global Times added that the latest U.S. developments recalled “the Cuban missile crisis in 1962 – one of the fiercest scenes of the Cold War between the U.S. and the Soviet Union – [and] could be a new farce staged by the media and some U.S. politicians as ‘good cop, bad cop’ with the purpose of gaining the ‘upper hand’ and pressuring China in any possible dialogue,” a reference to Antony Blinken’s possible visit to China.”

Improving Sino-U.S. relations still faces great challenges, Chinese media chorused.

2023-06-08T173006Z_1198142528_RC2451AZVYMS_RTRMADP_3_USA-CHINA-SECURITY.JPG — A view of the U.S. Embassy beside the Anti-Imperialist stage in Havana, Cuba, May 24, 2023. Credit: Reuters/Alexandre Meneghin

Han Yang, a former Chinese Foreign Ministry diplomat now in Australia, told RFA that the U.S. had left itself open to the Chinese move by allowing itself to be held hostage by the exiled Cuban community, providing Beijing with an opportunity to set up operations on Florida’s doorstep.

“I think … the embargoes have been proved counterproductive and created opportunities for China to invest in Cuba,” Yang said. “The sanctions don’t make any foreign policy sense as the U.S. trades with many nations with worse human rights records than Cuba.”

Two leaders of the Senate Intelligence Committee released a joint statement Thursday, even before the spy base was anonymously confirmed, reported Politico.

“The United States must respond to China’s ongoing and brazen attacks on our nation’s security. We must be clear that it would be unacceptable for China to establish an intelligence facility within 100 miles [160 kilometers] of Florida and the United States, in an area also populated with key military installations and extensive maritime traffic,” senators Mark Warner and Marco Rubio said.

An expert on the U.S. told the Global Times on Sunday that while China is open for talks and will not put up barriers to communication, it was still possible that the Biden administration and US politicians could trip over themselves.

“It’s a highly controversial topic in the US about how to deal with China, and obviously, the Biden administration’s decision-making on the topic is under heavy impact of the U.S.’ internal politics,” said Lu Xiang, an expert on U.S. studies and research fellow at the Chinese Academy of Social Sciences.

“By spreading groundless accusations, the Biden administration is actually trying to legitimize its close reconnaissance missions and spy activities around China’s territorial waters and airspace,” Lu said.

Edited by Mike Firn.