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Nextracker Selected by Shanghai Electric to Elevate Energy Output for Middle East’s Largest Solar Park

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Nextracker™, a Flex company, announced that it has entered into a strategic partnership with Shanghai Electric to supply over one gigawatt of its world-leading solar tracker technology, NX Horizon™ to boost energy production for phase five of Dubai’s Mohammed Bin Rashid Solar Park – the largest in the Middle East. Located 50 kilometers south of Dubai, the Mohammed Bin Rashid Solar Park is owned by the Dubai Electricity & Water Authority (DEWA) and will be tasked with driving the city towards the ambitious goal of generating 75 percent of its energy through renewables by 2050.

With close to 40 gigawatts of its solar tracker technology under construction or operating globally, Nextracker has a proven track record of delivering superior PV systems on schedule. Side-by-side test results published in a recent white paper in collaboration with independent testing provider PV Evolution Labs (PVEL), show that NX Horizon provides an additional 1.02 percent to 1.67 percent of DC-side bifacial gains as compared to other 1P single-axis tracker designs.

Mr. XiaoRong Yi, President of Shanghai Electric Power Generation Engineering Co. said, “We’re delighted to work with the number one solar tracker systems provider and leading technology for bifacial yield gains worldwide. Furthermore, Nextracker has a robust supply chain which offers security to the Mohammed Bin Rashid Solar Park project and makes this an invaluable partnership for Shanghai Electric in the Middle East.”

Financed for USD 564 Million DEWA V is currently entering phase five of development through ACWA Power. The Mohammed Bin Rashid Solar Park has a planned production capacity of one gigawatt for phase five and five gigawatts in total. The park forms the centerpiece of Dubai’s Clean Energy Strategy, driven by a vision to make it the lowest carbon footprint city in the world.

“We are tremendously honored to partner with Shanghai Electric Power Generation Group to help deliver the best performance outcomes for the Dubai Electricity & Water Authority,” said Dan Shugar, CEO of Nextracker. “Shanghai Electric is one of the leading high-tech companies in China with over one hundred years of manufacturing legacy, and we are deeply privileged to be chosen for our technology. We look forward to exploring many ways to collaborate and partner in the future.”

Rajit Nanda, Chief Portfolio Management Officer and Interim CIO at ACWA Power said, “We are pleased to partner with Nextracker for phase five of the Mohammed Bin Rashid Solar Park, a landmark project featuring the latest solar photovoltaic bifacial technologies. We are confident in Nextracker’s capabilities to support our shared vision together with Dubai Electricity & Water Authority and Shanghai Electric: to implement the highest quality standards and practices in its delivery and output.”

Nextracker’s NX Horizon smart solar tracker system combines best-in-class hardware and software to help engineering, procurement and construction (EPC) companies and asset owners maximize performance and minimize operations and maintenance costs.

Nextracker will continue to work closely with Shanghai Electric, providing onsite support through the installation, commissioning and handover phases, with the project due for completion in 2023.

Related resource: [VIDEO] Sakaka Solar Power Plant in Saudi Arabia featuring Nextracker’s NX Horizon smart solar tracker.

Artificial Intelligence

Aetina Accelerates Embedded AI with High-performance, Small Form-factor Aetina IA380E-QUFL Graphics Card

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TAIPEI, April 25, 2024 /PRNewswire/ — Aetina, a leading Edge AI solution provider, announced the launch of the Aetina IA380E-QUFL at Embedded World 2024 in Nuremberg, Germany. This groundbreaking product is a small form factor PCIe graphics card powered by the high-performance Intel Arc A380E GPU. 

Unmatched Power in a Compact Design
The Aetina IA380E-QUFL delivers workstation-level performance packed into a low-profile, single-slot form factor. This innovative solution consumes only 50W, making it ideal for space and power-constrained edge computing environments. Embedded system manufacturers and integrators can leverage the power of 4.096 TFLOPs peak FP32 performance delivered by the Intel Arc A380E GPU[1].
Beyond Small Size: Big Capabilities
Despite its compact size, the IA380E-QUFL offers native support for 4 mini-DisplayPort outputs and 6GB of GDDR6 memory, enabling the connection of multiple high-resolution displays (UHD). This makes the IA380E-QUFL an excellent choice for a wide range of applications, including commercial gaming, video walls, medical imaging, and visual inference for smart cities.
“The demand for slim and energy-efficient AI systems is rapidly escalating,” said Jackal Chen, Senior Product Manager at Aetina. “The Aetina IA380E-QUFL addresses this need head-on, offering a powerful GPU solution in a compact, single-slot form factor with minimal power consumption. This empowers developers to create powerful and efficient edge systems for a wide range of applications.”.
Unparalleled Commitment: 5-Year Product Supply
Acknowledging the critical need for long-term product stability in industrial applications, Aetina ensures a 5-year product supply for the Aetina IA380E-QUFL, which streamlines system roadmaps and reduces the need for costly redesign. Our commitment is aligned with Intel’s announced product plans for the Intel Arc A380E GPU.[1]
[1]https://www.intel.com/content/www/us/en/content-details/820389/intel-arc-gpu-for-the-edge-public-30-3-30.html?wapkw=Intel%20Arc%20GPU%2030-3-30&DocID=820389 Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries.
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Artificial Intelligence

IG Canada Announces Enhanced Trading Platform for Enhanced User Experience

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Meta description : Explore IG Canada’s advanced trading platform, educational resources, and robust security features. Achieve your trading goals with the innovative tools.
NOTTINGHAM, England, April 25, 2024 /PRNewswire/ — IG Canada, a premier online trading platform, is pleased to announce significant enhancements to its trading technology, designed to empower both novice and experienced traders with superior tools and resources. This development is part of IG Canada’s commitment to providing the best trading experience in the Canadian market.

IG Canada has upgraded its platform with advanced features that streamline trading processes and improve the accuracy of trade execution. These enhancements include customizable charts, a wider range of indicators, and improved mobile access, ensuring traders can operate efficiently from anywhere at any time.
Recognizing the importance of education in trading success, IG Canada has expanded its educational resources. The brokerage now offers a comprehensive learning center featuring webinars, tutorials, and articles that cater to various skill levels. These resources are designed to help traders develop robust trading strategies and improve their market knowledge.
Security remains a top priority for IG Canada. The latest updates include enhanced encryption and multi-factor authentication to protect client data and funds. These security measures provide peace of mind for traders, knowing their investments are safeguarded against potential threats.
IG Canada is a leading online brokerage that provides trading services across multiple asset classes, including forex, stocks, commodities, and indices. With a focus on innovation and customer service, IG Canada is committed to helping Canadian traders achieve their investment goals through a transparent and efficient trading environment.
In addition, IG Canada is committed to engaging with the community through upcoming webinars, live events, and partnerships with local financial experts. These initiatives are designed not only to support the growth and education of the clients but also to foster a stronger, more connected trading community in Canada.
Press Contact:Contact Name: Timothy C. SherwinEmail: [email protected] Phone: +447 441425053

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Artificial Intelligence

Sentrycs Now Part of the UK National Protective Security Authority Catalog of Security Equipment

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This inclusion into the NPSA CSE marks a significant milestone in the company’s commitment to enhancing national and international airspace security and to leading the C-UAS market toward multi-layer strategy optimization and excellence.
TEL-AVIV, Israel, April 25, 2024 /PRNewswire/ — Sentrycs, a leading innovator in adaptive counter-drone solutions, is proud to announce its inclusion in the prestigious UK National Protective Security Authority Catalogue of Security Equipment (NPSA CSE).
 
Following a rigorous assessment process, Sentrycs’ cutting-edge Counter Unmanned Aerial Systems (C-UAS) solution has met the high standards set by the NPSA for Detection, Tracking, and Identification (DTI). The testing, conducted at the NPSA’s designated testing facilities in August 2023, rigorously evaluated the Sentrycs system against the NPSA’s DTI Testing and Evaluation Standard v3.1.
Sentrycs elected to be assessed under Configuration D as a 3D system with Ground Control Station (GCS) detection capability and platform identification capability, which is the most demanding test scenario with the highest number of scored parameters.
The Sentrycs system demonstrated exceptional capabilities in various security scenarios, showcasing its robustness in detecting and tracking with high accuracy and zero false alarms. The system’s innovative use of cyber techniques to extract data from targets and its streamlined human-machine interface were especially noted for their efficiency and ease of use.
“Our team is proud to have Sentrycs recognized by the UK National Protective Security Authority,” said Yoav Zaltzman, CEO of Sentrycs. “Being listed in the CSE is not just an honor; it’s a testament to our technology’s reliability and effectiveness in contributing to the ever-changing airspace security landscape.”
Sentrycs’ technology is now accessible through the NPSA CSE, providing security practitioners with verified solutions that meet the UK’s rigorous security standards. This inclusion not only underscores Sentrycs’ role in advancing security technology but also enhances its visibility and credibility on a global stage.
For more details on Sentrycs’ solutions and their impact, visit www.sentrycs.com.
For further information regarding the NPSA and the Catalog of Security Equipment, please visit the NPSA’s official website.
About Sentrycs
Sentrycs is a leader in adaptive counter-drone solutions, supported by innovative technology designed to passively identify, mitigate, and where necessary, intercept unauthorized drones custom-built for various environments – including airports, borders, prisons, critical infrastructure, and mass events. Founded in 2017, Sentrycs’ has offices in Israel and the US, serving customers worldwide. By uniting its field-proven technology and expertise in global drone environments, Sentrycs is leading the way towards a safer and more secure drone-driven future. Learn more at www.sentrycs.com
Video – https://www.youtube.com/watch?v=YBuhpTq5QuM

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