Hitachi Energy selected as technology partner for the world’s longest AC power-from-shore project in Norway

World-first solution will combine two power quality technologies to deliver renewable energy reliably and safely from the mainland power grid

Zurich, Switzerland, March 07, 2022 (GLOBE NEWSWIRE) — Hitachi Energy, the global technology and market leader in power grids, announced today that it has been selected by Aker BP, the Norwegian oil and gas exploration and production company, as technology partner for the NOAKA power-from-shore project off the Norwegian coast. The entire project will be powered by up to 150 megawatts of power from the mainland grid – making it the world’s longest power-from-shore AC connection at around 250 km.

Hitachi Energy will perform detailed front-end engineering and design (FEED) studies for a power quality solution that will enable the Aker BP operated NOA Fulla field and the Equinor operated Krafla field in the North Sea to be powered from the mainland. The contract awarded to Hitachi Energy includes an option to deliver the power quality solution when the FEED studies are completed.

By using power from the mainland grid, which is mainly renewable hydropower,  minimizes NOAKA’s carbon footprint. To ensure the smooth, reliable and safe transmission of electricity to the offshore platforms, Hitachi Energy’s solution combines two power quality technologies that have never been used before for this type of application: a high-performance STATCOM, called SVC Light®, and thyristor-controlled series capacitors. The MACH™ control and protection system, will enable the two technologies to work in harmony as a single synchronized solution. This will be made possible by leveraging Hitachi Energy’s extensive and unique know-how in power quality solutions as well as its domain integration capabilities.

“We are delighted that Aker BP has selected our pioneering power quality solution, enabling this vital energy project to be powered with emission-free renewable energy,” says Niklas Persson, Managing Director of Hitachi Energy’s Grid Integration business. “This world-first solution will also enable progress toward mega-scale offshore renewable power installations, offering viable alternative pathways for connecting power from shore with AC over long distances.”

“Our ambition is to develop the NOAKA area with a minimum carbon footprint and a prerequisite for this is that the fields are supplied with power-from-shore,” says Lars Høier, Senior Vice President and Asset Manager for NOAKA at Aker BP. “We selected Hitachi Energy as our trusted technology partner to provide a reliable and flexible grid connection and power quality solution to secure high reliability in our operations.”

Hitachi Energy’s proposed solution comprises a new grid connection to house the STATCOM, thyristor-controlled series capacitors, shunt reactors and gas-insulated switchgear. The solution will also increase the transmission capacity of an existing 420 kV mainland grid connection with new gas-insulated switchgear and a power transformer. These are all technologies made by Hitachi Energy to secure exceptional levels of grid availability and reliability.

Hitachi Energy: proven track record in long-distance power-from-shore

Hitachi Energy supplied the world’s first long-distance power-from-shore installation in Norway in 2005 using its HVDC Light® high-voltage direct current technology. Since then, Hitachi Energy has supplied four of the five HVDC power-from-shore installations, all of which supply platforms off the Norwegian coast. In December 2021, Hitachi Energy won a contract to supply the most powerful power-from-shore solution in the Middle East and North Africa. The solution will deliver 3,200 MW of low-carbon power to two offshore production clusters, reducing the clusters’ emissions by up to 35 percent.

About Hitachi Energy Ltd.

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business. Hitachi is focused on strengthening its contribution to the Environment, the Resilience of business and social infrastructure as well as comprehensive programs to enhance Security & Safety. Hitachi resolves the issues faced by customers and society across six domains: IT, Energy, Mobility, Industry, Smart Life and Automotive Systems through its proprietary Lumada solutions. The company’s consolidated revenues for fiscal year 2020 (ended March 31, 2021) totaled 8,729.1 billion yen ($78.6 billion), with 871 consolidated subsidiaries and approximately 350,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

 

 

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Rebecca Bleasdale
Hitachi Energy Ltd.
+41 78643 2613
rebecca.bleasdale@hitachienergy.com

Meinergy Signs Agreement with Huawei on a 1 GW and 500 MWh Project to Facilitate Green Development of Ghana

BARCELONA, Spain, March 7, 2022 /PRNewswire/ — Huawei Digital Power Technologies Co., Ltd. (hereinafter referred to as Huawei Digital Power) signed a strategic cooperation agreement with Meinergy Technology Co., Ltd (hereinafter referred to as Meinergy), the leading PV developer in West Africa. Under the agreement, Huawei Digital Power will provide a complete smart PV & energy storage system (ESS) solution for the 1 GW utility-scale PV plant and 500 MWh ESS project developed by Meinergy in Ghana.

Wu Guangwen (CEO – Meinergy), Zhou Wei (Managing Director – Huawei Ghana Representative Office), and Fang Liangzhou (Vice President and Chief Marketing Officer – Huawei Digital Power), attended the signing ceremony.https://mma.prnewswire.com/media/1760287/Meinergy_Signs_Agreement_with_Huawei_Executives.jpg

To meet the increasing demand for power, diversify energy mix, and accelerate economic development, the government of Ghana has set its strategic goal for renewable energy: Increase the proportion of renewable energy in the energy mix to 10%, promote green energy, and make power accessible nationwide by 2030.

Meinergy has been in Ghana for many years, and its business covers mining, electric power, and PV sectors. Against the backdrop of global energy mix transformation, Meinergy has vigorously expanded its renewable energy business in Ghana and other countries in Africa to provide stable green power for local communities and bridge the electric power divide.https://mma.prnewswire.com/media/1760288/Meinergy_Signs_Agreement_with_Huawei_Solar_Panels.jpg

The two parties have had close cooperation in utility-scale PV plants, integration of PV and hydropower, energy storage, and residential PV in Ghana and have achieved outstanding business results. Both parties expect to further cooperate in PV & ESS plant development, data centers, eLTE, and public cloud to build a greener Africa.

Photo – https://mma.prnewswire.com/media/1760287/Meinergy_Signs_Agreement_with_Huawei_Executives.jpg
Photo – https://mma.prnewswire.com/media/1760288/Meinergy_Signs_Agreement_with_Huawei_Solar_Panels.jpg

2022 President’s Cup: Checkout Sulley Muntari’s impressive stats against Asante Kotoko

Sulley Ali Muntari grabbed the headlines following his impressive performance against Asante Kotoko in the 2022 President’s Cup.

The Phobians secured a 2-1 win over the rivals, the Porcupine Warriors at the Accra Sports Stadium on Friday night.

Muntari exhibited his class once again as he dictated the midfield.

Impressive with his touches and distributions, Muntari delivered what could have been a man of the match performance for the Phobians as he won his first trophy for his new club.

Muntari was denied twice by Ibrahim Danlad who saved the Porcupine Warriors from going down easily in the game.

Muntari had 38 touches, four shots and an impressive three interceptions as Hearts of Oak marched on to victory.

The 2010 treble winner will be hoping to add more laurels to his trophy-laden career at the end of the season with the Phobians.

Muntari joined the Phobians on a one year deal and has been influential for the reigning Ghana Premier League champions.

Source: Modern Ghana

Army units complete technical fire support course at 66 Artillery Training School

Ho, – The 66 Artillery Training School has graduated units of the Central and Northern Commands of the Ghana Armed Forces (GAF), who have completed Infantry Fire Support and Basic Technical Assistants courses at the school.

The courses, which lasted eight weeks, were introduced by the training school towards the successful operationalisation of the 107mm Multiple Launch Rocket System (MLRS).

Brigadier General Joseph Aphour, the General Officer Commanding (GOC), Central Command, at the graduation ceremony in Ho, said the threat to security in the West African sub-region was on the rise, forcing the Ghana Armed Forces to adjust its strategies and training.

“The Ghana Army is reorganising itself to enable it to deter, detect and defeat threats. While the Armed forces are transforming, the insurgents and terrorists are also transforming their modus operandi. The Ghana Armed Forces are adopting a more dynamic, preemptive information-led approach that would unhinge any adversary’s understanding, decision making and execution,” he said.

The GOC noted, therefore, that the effectiveness and efficiency of the Armed Forces required “rigorous comprehensive” training and exercises and said the military High Command commended the Artillery Training School’s introduction of the Infantry Fire Support and Basic Technical Assistants Courses, which he asked to be expanded.

He expressed hope that operations in the various commands would be impacted by the proficiency attained at the training and encouraged the students not to let the skills and knowledge acquired go waste, but to build upon them to remain indispensable.

The Commander commended training officers, instructors and administrative staff of the Academy and said his office had tabs on challenges faced during the training and would continue to offer the necessary support to enable the Academy to realise its vision.

Lt Col. Kwame Sam Appiah, Commanding Officer of the training school, said the training incorporated lectures, practical demonstrations and field training and added that the live firing of the 107 mm rocket system was a first in the history of the school.

He said the training school pursued its vision of excellence in professional efficiency and effectiveness of Artillery Corps personnel across the nation and among other African countries.

The Commanding Officer said the Artillery Corps training programme had been undertaken by the school since 2018, following discussions with the GOC Southern command and had been designed to maintain high academic standards.

He commended students for their efforts towards the success of the programme but lamented some challenges encountered during the training and which included accommodation for students and vehicle logistics, most notably a school bus.

Lt. Col. Appiah remarked that average scores for both courses showed that “students were highly motivated and have imbibed the basic artillery tactics, techniques and procedures to enable them to perform their roles.”

Source: Ghana News Agency

Government committed to ensuring quality healthcare for all

Accra,- Alhaji Mahama Asei Seini, the Deputy Minister of Health, has assured of Government’s commitment to ensuring that the citizenry have access to quality healthcare services.

“This can be proven with the National Health Insurance Scheme, which is a boost to the provision of healthcare infrastructure and accessibility to healthcare with the introduction of the Agenda 111 project,” he said.

Alhaji Seini gave the assurance at the induction ceremony of 348 newly qualified physician assistants from 14 institutions, including foreign trained doctors.

The medical institutions are Anglican University College, Nkoranza, Central University, Prampram, College of Health and Wellbeing, Kintampo, College of Health, Yamfo, Garden City University College, Kumasi, Narh-Bita College, Tema, and Presbyterian University College, Agogo.

The rest are Princefield College and Research, Ho, School of Anaesthesia 37 Military Hospital, Accra, School of Anesthesia Komfo Anokye Teaching Hospital, Kumasi, University of Development Studies, Tamale, University of Cape Coast, University of Health and Allied Sciences, Ho, and Foreign Students who have passed their registration examination.

The Medical and Dental Council led the inductees to swear the Hippocratic Oath and charged them to always uphold high integrity and good moral standards of the profession.

Alhaji Seini also led the inductees to recite the National Pledge to affirm their commitment to the service of humanity and the nation, while congratulating them for the success chalked.

He reminded the inductees of the core tenets of the profession, which remained the interest of the patients, protection of human life and the community.

The Deputy Minister commended frontline health workers who had been at the forefront of the response in the fight against the COVID-19 pandemic.

Dr Divine N. Banyubala, the Registrar, MDC, advised the inductees to always have respect for human dignity.

He also encouraged them to share information and have a team spirit that could lead to the achievement of the desired quality health care outcomes.

Source: Ghana News Agency

Roto Tanks, Ogilvy Africa launch ‘Lesso Lessons’ – A project to combat malnutrition among children under two

Lesso Lessons is an idea that weaves the modern postnatal, nutritional guide into a traditional, everyday garment to help new and expectant mothers raise healthier children.

Leading Water tanks manufacturer Roto Tanks and Africa’s largest marketing and communications network agency, Ogilvy Africa (as part of the Ogilvy Give Program) have partnered in a project aimed at educating young mothers in rural parts of East Africa on how to combat malnutrition in children in the first 24 months of their development.

The project dubbed ‘Lesso Lessons’ aims to use traditionally patterned fabric garments (called ‘lessos’) to educate young Kenyan mothers in rural areas on proper postnatal nutritional care.

It is important to note that lessos are commonly used as slings by these women to carry their babies on their backs as they work. Traditionally, the lessos are usually adorned with words of hope and love. They are often passed down to convey tribal stories and wisdom over many generations.

Lesso Lessons is an initiative that makes use of creative and design thinking to tackle this seemingly ever-present issue in a way that seamlessly fits into Kenyan women’s lives. Along with input from healthcare professionals, the team adapted over 1 million data points from some of the most recent studies on postnatal nutrition during the design process to make the utility relevant to our region.

Speaking of the design and concept, Yash Deb – Executive Creative Director, Ogilvy Africa said, “While staying true to the traditional beauty of a lesso, we turned the postnatal nutritional textbook into a desirable and functional garment that will hopefully continue teaching for generations to come.”

As the first 24 months are the most pivotal in a child’s nutrition and development, the team created 3 different Lesso Lessons; each one tackling one of three key development periods (0-6 months, 6-12 months, and 12-24 months).

The World Food Programme (WFP) has identified malnutrition as the number one cause of death in children under five. In Kenya, over 26% of children under 5 years of age, that’s 1 in 4 children, face malnutrition issues, resulting in long-term developmental problems, as well as stunted physical growth and immunity problems. This has been attributed to young mothers not knowing proper breastfeeding and complimentary feeding practices.

While East and Sub-Saharan Africa have made impressive health and safety strides in recent years, there are still basic and systemic issues that public service announcements via traditional media simply cannot address. Roto Tanks, with their vast, deep-reaching logistics and delivery capabilities have teamed up with Ogilvy Africa to help distribute a specially designed lesso that offers young mothers nutritional information and guidance that could have a lasting impact on the health and development of their children.

Heril Bangera – President, Roto Tanks; said, “More and more, we’re starting to see how the adage of it taking ‘a village to raise a child’ is becoming more and more poignant. This initiative shows that a simple effort from a wide group could have an effect for many generations to come.”

Through the Lesso Lessons project, the two organizations aim to distribute over 1 million lessos in parts of Central, Eastern, North Eastern, Rift Valley, Coast, Western, Nyanza, and Nairobi regions. About Roto Tanks

Roto Tanks was established in Kenya in 1991 and has since become a leader in the field of rotational moulding in East Africa. With factories in over 7 countries across the continent, it has grown to become a recognized leader in the design and manufacturing of plastic bulk storage, processing and transportation tank system. Its factory and sales office is located in Nairobi, Industrial Area near the Jomo Kenyatta Foundation.

It has the largest range of water tanks in East Africa, manufacturing cylindrical water storage tanks, rectangular loft tanks, ball-shaped underground tanks, and septic tanks. It also manufactures a large range of industrial products like crates, trays, boxes, pit slabs, dustbins, and products individually custom-made to fit client needs.

It boasts of a qualified and customer-friendly team, a large fleet of vehicles, and wider selection of stockists throughout the country who aim to deliver excellent service to each and every customer.

For more information, contact us on (020) 807 0603 or via email at enquiries@rotomoulders.com

About Ogilvy Africa

Ogilvy Africa is the largest network agency on the continent catering to 40 countries with a team of ~900 people across Central, East, and West Africa. Headquartered in Nairobi – Kenya, Ogilvy Africa manages a portfolio of over 100 brands for clients such as AB InBev, Airtel, Africa CDC, Coca-Cola, Diageo, Distell, Equity Bank, Exxon Mobil, Kenya Airways, Mondelez, NCBA, Nestle, Philips, PWC, SAB Miller, Sanlam, Total, UNICEF, Unilever, and WWF amongst others.

Ogilvy has a distinctive positioning and proposition that is key for current times when clients desire a partner to help them realize their growth ambitions or to get back to growth. Simply put our ambition is to be, “The Best Platform and Partner for Growth on the Planet.”

This proposition is anchored on true shared value, what our world needs now, creating human(societal) value; employee value, and commercial value. This proposition cuts across our key mega-businesses ABC (Advertising, Branding, and Content), Experience (including CRM and e-commerce), PR & Influence, and Media (focused on performance marketing).

In addition, we’ve created proprietary marketing products in areas such as real-time marketing, social intelligence, performance marketing, e-commerce enablement, and content hubs. Our unique operating model, One Ogilvy, allows clients and brands to cut the complexity of agency structures and create seamless omnichannel experiences for their consumers, across touchpoints. Fueled by the holy trinity of content, data, and technology; Ogilvy Africa strives to be the best-practice agency model, for Developing & Emerging markets.

In our 20+ years in Africa, we have won the highest number of regional and global awards for the region including Cannes Lions, Clio Awards, Dubai Lynx Festival, SABRE Awards (Global and Africa), WARC Effectiveness; to name a few.

Ogilvy is a leading global network of WPP. Launched by David Ogilvy over 70 years ago, it is referred to as the Agency of Giants, by several industry experts. 2021 WARC rankings named Ogilvy, the #1 creative network in the world.

Source: Ghana Web

Ghana Startup Act Technical Working Committee pays courtesy call on new NEIP CEO

Last Friday, The Technical Working Committee of the Ghana Startup Bill paid a courtesy call on the new Chief Executive Officer of the National Entrepreneurship and Innovations Program (NEIP) at his office at Cantonments, Accra.

Leading the team was Mr. Franklin Owusu Karikari, Head of Business Support at the NEIP, who also doubles as the committee chairman.

Other committee members present were Sherif Ghali, Coordinator, Freda Yawson, Technical Advisor, and Solomon Adjei, Communications Director.

The Coordinator, Mr. Sherif Ghali, took the CEO through the content of the 6th draft of the Bill. He outlined the series of stakeholder consultations and amendments the Bill went through. He also presented the committee’s 2022 work plan to the CEO and asked for his steadfast support, just as his predecessor did.

On his part, Mr. Kofi Ofosu, the newly appointed CEO of NEIP, welcomed the Bill and committed his support towards the processes leading to the passage and implementation of the Bill.

He commended the team and admonished them to continue the process and ensure all relevant stakeholders were captured in the Bill.

The technical working committee comprises NEIP, Ghana Startup Network, Ghana Chamber of Young Entrepreneurs, Ghana Hubs Network, Private Enterprise Federation, Eye4Policy, and Accra Digital Center.

The Ghana Startup Bill outlines the incentive framework necessary for developing entrepreneurship and decent job creation, per Sustainable Development Goal 8. The Bill has components such as Tax Holidays for startup businesses, Human resource support, Officing support, Gender inclusivity, and Funding and mentorship for Ghanaian startups.

When this Bill is passed, it is believed that it will accelerate job creation in support of the Government’s vision to curb the perennial unemployment canker facing the Ghanaian youth.

Source: Ghana Web

Moody’s Downgrades Ghana’s Rating to CAA1 and Stabilizes the Outlook

Reference is made to a publication by Moody’s Ratings, on 4th February 2022, that the Rating Agency has downgraded Ghana’s Long-Term Issuer and Senior unsecured bond Ratings to Caa1 from B3 and changed the outlook from negative to stable. According to Moody’s, the downgrade is due to the “increasingly difficult task government faces in addressing the intertwined liquidity and debt challenges, pandemic induced revenue underperformance, tight funding conditions on international markets, materially decreasing governance and institutional strength and inflexibilities in the government budget”.

We believe that the recent fiscal consolidation measures as announced by the Finance Minister and the 2022 budget, which is anchored on debt sustainability and a positive primary balance,  largely address these concerns. We are at odds to understand Moody’s assertion of the deterioration of Ghana’s institutional strength given Ghana’s reputation as a beacon of democracy in Africa.

In a clearly contradictory manner, Moody’s justifies the “Stable Outlook” despite the downgrade to “Caa1” by acknowledging Government’s strong track record in delivering effective fiscal policies and the maintenance of a variety of funding sources.

They also acknowledged the institutional strength of Ghana and the dynamic nature of our economy and attractive growth prospects over the medium-term. “The stable outlook balances Ghana’s significant fiscal challenges, large refinancing needs and constraints on access to funding against the government’s pre-pandemic track record of relatively effective policy delivery and maintenance of a variety of funding sources. Ghana’s institutional framework and dynamic economy remain key credit supports, with economic growth forecasts of around 5% over the medium term”. It may appear from this admission from Moody’s about our strong and disciplined pre-Covid fiscal performance that we are being downgraded due to the efforts we made to recover from the negative impact of the pandemic.

Prior to the announcement, between 28th January to 3rd February 2022, Moody’s virtually engaged Senior Government Officials of the Ministry of Finance and the Bank of Ghana on various issues. The Moody’s team was led by Lucie Villa (Lead Analyst on Ghana at Moody’s) and supervised by Matt Robinson. It is worthy to note that Lucie Villa only recently (beginning of Jan 2022) took over as the primary analyst covering Ghana for Moody’s. We are very concerned that Ms. Villa may not properly understand and evaluate Ghana’s deepening credit story since obtaining our first credit rating back in 2003. She also has not visited the country since assuming the role and as such this downgrade at this critical time was based entirely on a desktop exercise, virtual discussions and what we believe to be the omission of critical data provided.

The Government of Ghana is therefore completely puzzled by the decision to downgrade Ghana’s credit rating to Caa1, despite the series of progressive engagements we had with the team from Moodys, the quality of the data supplied, as well as the medium-term economic and fiscal focus of the Government, underpinned by key fiscal consolidation reforms such as the policy decision to cut expenditure by 20%, as recently announced by the Minister for Finance.

Perhaps, this singular action by Moody’s confirms the notion held by many that there is an urgent need for reforms in the conduct of rating agencies given their ownership structure and the ramifications that their actions have on Sovereigns especially in Africa. The call for rating reform which was loud during the peak of the COVID-19 pandemic must be revived as a matter of urgency.   

The sentiments expressed by the South African Revenue Services Commissioner recently that “While we understand the underlying factors that the rating agencies point out, we think that during such a time of crisis, where the whole world is recalibrating and redefining its economic status, for any downgrades to be issued during this time is like kicking us when we are down “…must guide rating agencies in these unprecedented global difficulties facing economies big and small. We shall actively continue to support the global outcry against this leviathan.

Unfortunately, it is also worthy to note that on a regional basis, there is ample evidence that Sovereigns on the African continent in particular have suffered more adverse rating actions than any other continent since the pandemic, despite the fact that the impact of COVID has been relatively manageable in Africa. We are gravely concerned about what appears to be an institutionalized bias against African economies in this aspect, as credit rating analysts assume highly conservative postures and low risk tolerance for African sovereign credits with little regard for the adverse impact on the cost and access of financing for African Sovereigns.

The Government of Ghana has therefore decided to formally appeal the credit rating decision based on the following;

The omission of key material information from the assumptions driving some of Moody’s forecasts and projections such as the 2022 budget expenditure control measures, 2022 upfront fiscal adjustments and inaccurate balance of payment statistics;
The appointment of a new primary credit analyst, only four weeks prior to such a major credit rating decision; and the committee’s refusal to consider deferring such a monumental rating action until the analyst had enough time to more fully understand both the quantitative and qualitative aspects of the Ghana credit story
Very far-fetched conclusions made on Ghana’s Environmental, Social and Governance credentials (ESG) without any supporting quantitative analysis or data.
Unfortunately, Moody’s rejected our appeal and went ahead with the downgrade despite all the concerns raised which we believe were not factored into their decision.

The Government wishes to state that it is optimistic about the future as confirmed by other credit rating agencies and remains fully committed to restoring fiscal rectitude in public finances. The recently announced expenditure rationalization measure to decisively strengthen fiscal consolidation of the 2022 budget underscores the government’s resolve to address critical concerns over the economy, create jobs for the youth, obtain a positive primary balance and stabilize debt.

The Government will continue to pursue ongoing efforts to revitalize the economy amidst the COVID pandemic.  In line with this, senior officials from the Ministry of Finance and the Bank of Ghana shall continue to engage the public and investors on the Government’s medium-term economic and fiscal strategy.

We remain absolutely confident in our resolve to overcome the current challenges with fiscal discipline and growth, in line with the President’s vision to build a strong, resilient and prosperous economy and a Ghana Beyond Aid.

Source: Ministry of Finance