Latest news with #Solidus
The Wire
9 hours ago
- Business
- The Wire
Solidus Techno Power Strengthens Long-Term O&M Capabilities Through Strategic Partnership with Sol-Bright
Punjab-based EPC leader integrates global robotic cleaning tech into current and future solar projects across India Patiala, Punjab, India (NewsVoir) Solidus Techno Power Pvt. Ltd., one of India's fastest-growing solar EPC companies, has signed a strategic long-term partnership with global O&M technology leader Sol-Bright New Energy Technology Co., Ltd. The collaboration begins with the deployment of dry-type robotic cleaning systems at Solidus' 28.71 MWp solar PV project in Kitasar, Rajasthan—but it is designed to extend across Solidus' expanding national portfolio in the coming years. With this alliance, Solidus takes a major step toward revolutionizing its operations and maintenance (O&M) strategy - introducing automated, water-free robotic cleaning solutions to enhance performance, reduce manual intervention, and ensure long-term sustainability, particularly in highdust and water-scarce zones. 'At Solidus, innovation isn't an add-on - it's integral to how we build and manage every solar project,' said Harvinder Singh, Director, Solidus Techno Power Pvt. Ltd..'Our partnership with Sol-Bright is not just about one site in Rajasthan. It's a long-term collaboration that supports our vision of building smart, self-sustaining solar infrastructure powered by global best practices in O&M.' Founded and headquartered in Punjab, Solidus Techno Power has emerged as a dynamic force in India's solar industry. Known for its high-quality execution, project customization, and future-ready EPC approach, the company is currently executing more than 200 MWp of solar projects across North India. With a sharp focus on performance optimization, Solidus is setting new standards in solar asset lifecycle management. The integration of Sol-Bright's 7th-generation dry-cleaning robots will allow Solidus to maintain energy efficiency while significantly reducing water usage and operational overhead. The deployment at Kitasar is a pilot for broader application across Solidus' upcoming C&I and utility-scale projects. Sol-Bright is the inventor of the Automatic Robotic (Dry) Cleaning System, and the world largest manufacturer and supplier of this cleaning robot. From 2013 till date, from 1st generation to 7th generation, Sol-Bright has supplied almost 98,000 units of robot and covered roughly 40 GWp capacity worldwide. From China to the world, Sol-Bright robot has its footprints in countries including KSA, UAE, Oman, Kuwait, Jordan, Palestine, Iran, Afghanistan, Israel, Uzbekistan, India, Thailand, Kenya, Eritrea, Australia, Chile, Argentina, USA, France and more on the way. Sol-Bright wins the market with its outstanding characteristics including: 100% dry cleaning, self-powered, long-distance and long-time cleaning, excellent ability of obstacle crossing, travelling posture adjustment, self-locking mechanism on docking station, patented non-disengaging flexible bridge design, high cleaning efficiency, intelligent SCADA control and more than ten (10) years' rich project experiences globally. Priya Gupta, Country Head – India at Sol-Bright, added, 'Solidus Techno Power is one of our valued partner - ambitious, quality-driven, and future-focused. We're proud to support their operational vision with our technology and look forward to scaling this partnership across many more projects.' This announcement reflects Solidus Techno Power's continued investment in smart energy infrastructure - pushing the boundaries of EPC and O&M excellence. As the company moves forward with its next phase of growth, strategic partnerships like this one reinforce its leadership role in building a sustainable solar-powered future for India. (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). This is an auto-published feed from PTI with no editorial input from The Wire.
Fashion Value Chain
10 hours ago
- Business
- Fashion Value Chain
Solidus Techno Power Strengthens Long-Term O&M Capabilities Through Strategic Partnership with Sol-Bright
Solidus Techno Power Pvt. Ltd., one of India's fastest-growing solar EPC companies, has signed a strategic long-term partnership with global O&M technology leader Sol-Bright New Energy Technology Co., Ltd. The collaboration begins with the deployment of dry-type robotic cleaning systems at Solidus' 28.71 MWp solar PV project in Kitasar, Rajasthan-but it is designed to extend across Solidus expanding national portfolio in the coming years. Solidus Techno Power Partners with Sol-Bright With this alliance, Solidus takes a major step toward revolutionizing its operations and maintenance (O&M) strategy – introducing automated, water-free robotic cleaning solutions to enhance performance, reduce manual intervention, and ensure long-term sustainability, particularly in highdust and water-scarce zones. 'At Solidus, innovation isn't an add-on – it's integral to how we build and manage every solar project,' said Harvinder Singh, Director, Solidus Techno Power Pvt. Ltd..'Our partnership with Sol-Bright is not just about one site in Rajasthan. It's a long-term collaboration that supports our vision of building smart, self-sustaining solar infrastructure powered by global best practices in O&M.' Founded and headquartered in Punjab, Solidus Techno Power has emerged as a dynamic force in Indias solar industry. Known for its high-quality execution, project customization, and future-ready EPC approach, the company is currently executing more than 200 MWp of solar projects across North India. With a sharp focus on performance optimization, Solidus is setting new standards in solar asset lifecycle management. The integration of Sol-Bright's 7th-generation dry-cleaning robots will allow Solidus to maintain energy efficiency while significantly reducing water usage and operational overhead. The deployment at Kitasar is a pilot for broader application across Solidus' upcoming C&I and utility-scale projects. Sol-Bright is the inventor of the Automatic Robotic (Dry) Cleaning System, and the world largest manufacturer and supplier of this cleaning robot. From 2013 till date, from 1st generation to 7th generation, Sol-Bright has supplied almost 98,000 units of robot and covered roughly 40 GWp capacity worldwide. From China to the world, Sol-Bright robot has its footprints in countries including KSA, UAE, Oman, Kuwait, Jordan, Palestine, Iran, Afghanistan, Israel, Uzbekistan, India, Thailand, Kenya, Eritrea, Australia, Chile, Argentina, USA, France and more on the way. Sol-Bright wins the market with its outstanding characteristics including: 100% dry cleaning, self-powered, long-distance and long-time cleaning, excellent ability of obstacle crossing, travelling posture adjustment, self-locking mechanism on docking station, patented non-disengaging flexible bridge design, high cleaning efficiency, intelligent SCADA control and more than ten (10) years' rich project experiences globally. Priya Gupta, Country Head – India at Sol-Bright, added, 'Solidus Techno Power is one of our valued partner – ambitious, quality-driven, and future-focused. We're proud to support their operational vision with our technology and look forward to scaling this partnership across many more projects.' This announcement reflects Solidus Techno Power's continued investment in smart energy infrastructure – pushing the boundaries of EPC and O&M excellence. As the company moves forward with its next phase of growth, strategic partnerships like this one reinforce its leadership role in building a sustainable solar-powered future for India.
Associated Press
13-06-2025
- Business
- Associated Press
Supranext Launches Complementary Currencies in the US to Strengthen Local Economies and Support Small Businesses
06/12/2025, Rome, Italy // PRODIGY: Feature Story // Supranext, a next-generation hybrid financial operator, announces the launch of its three-tiered complementary currency system, comprising a crypto-based token, physical paper vouchers, and metallic coins. The system aims to function alongside national currencies, offering a new form of liquidity to underserved regions and businesses. Supranext 'Our goal is to infuse vitality into the parts of the US economy that have been left behind,' says David Baccini, CEO of Supranext. 'Our complementary currencies exist to help revive what has stopped working. We want to empower businesses and communities with monetary mechanisms that reflect their real needs and not the constraints of global finance.' Supranext's complementary currencies are organized across three geographic layers: global, macro-zonal, and regional. These currencies, namely Supra, Solidus, and Denarius, respectively, are designed to function within predefined areas of economic activity. The Supra represents the global tier and operates similarly to the theoretical bancor currency envisioned by economist John Maynard Keynes. Below it, the Solidus corresponds to macro zones, such as the US as a whole. Meanwhile, Denarius targets specific regions or states, like Texas or New York. Each of these currencies exists in three forms: a digital token, paper vouchers, and metallic coins. Their issuance is uncapped in quantity but strictly regulated in value fluctuation, using what Supranext's Veronika Nova, a member on the board of directors, calls a Narrowed Band of Oscillation Tokens (N-BOOT). This ensures that Supranext's tokens would shift away from the volatile investment vehicles. 'They're intended to circulate rapidly within local economies, with a projected velocity of five times that of traditional fiat currencies,' Baccini explains. This controlled, high-velocity model is meant to stimulate real economic transactions rather than speculative hoarding. To support liquidity and maintain value stability, Supranext introduces a novel mechanism it calls 'revolving doors.' When users accept or use complementary currencies, they do so with the assurance that a portion of the system's global bond reserves will periodically be used to buy back tokens on Supranext's platform. If the token value surges, additional currency is issued to prevent bubbles. On the other hand, if value declines, short-term notes denominated in reserve currencies will be issued to absorb the excess supply. This floor-and-ceiling system keeps the tokens within a tight value band. It allows users to treat them as stable, usable instruments of exchange. On top of this, Supranext will be providing RePo through their complementary currencies, proving true liquidity for those who need it. Whether it be patents, works of art, life settlements, tax credits, quotas of invest funds, shares of non-public companies, and much more, people will now have more options at their disposal. David Baccini The launch of these complementary currencies serves as a response to visible fractures in global monetary systems. Over 60 percent of small US businesses reported difficulty accessing affordable credit. According to the US Small Business Administration, small businesses account for 44 percent of economic activity. Yet, their access to growth capital has declined steadily. Supranext also addresses the issue regarding what economists refer to as the 'Cantillon Effect,' where newly created money disproportionately benefits those closest to its source while bypassing the majority of businesses and households. 'This means that liquidity generated by central banks accumulates at the top. What happens then? Local economies are left dry,' Baccini states. 'Our complementary currencies intend to inject liquidity precisely into the hands of small businesses and consumers, particularly in economically stagnant regions.' This is possible because Supranext is a product of over a decade of research and development. Supranext is known for its proprietary financial system built around an algorithm capable of issuing bonds with high resilience and low correlation to traditional markets. These bonds are designed to achieve investment-grade ratings while being directed toward high-risk or underserved sectors. 'This is how we offer capital to businesses that would otherwise be left out of the global financial ecosystem,' Baccini states. The complementary currencies are designed to function hand-in-hand with these bonds. For example, a small manufacturing firm in upstate New York may receive capital through Supranext bonds while also transacting daily using Denarius tokens. Should they wish to convert Denarius to dollars, Supranext's revolving mechanism and buyback protocols allow for an orderly return to fiat currency, bridging the alternative and traditional economies. By combining alternative currency, bond-backed investment, and integrated economic networks, Supranext introduces a new kind of financial architecture. It's proud to share that its ambitions are global. With operations beginning in New York and an initial expansion in Italy, the company plans to scale across key economic zones worldwide. There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or any other product or service in this article. Moreover, nothing contained in this should be construed as a recommendation to buy, sell, or hold any investment or security, or to engage in any investment strategy or transaction. It is your responsibility to determine whether any investment, investment strategy, security, or related transaction is appropriate for you based on your investment objectives, financial circumstances, and risk tolerance. Consult your business advisor, attorney, or tax advisor regarding your specific business, legal, or tax situation. Media Contact Name: Supranext Team Email: [email protected]
Hamilton Spectator
13-05-2025
- Business
- Hamilton Spectator
Solidus Resources, LLC Receives Letter of Interest for up to $835 Million in Financing from Export-Import Bank of the United States for Nevada's Spring Valley Project
RENO, Nev., May 13, 2025 (GLOBE NEWSWIRE) — Solidus Resources, LLC (Solidus) is pleased to announce the Company's receipt of a Letter of Interest from the Export-Import Bank of the United States (EXIM) regarding the potential financing of up to $835,000,000.00 for the Spring Valley Project. The funding for this project is being considered under EXIM's Make More in America initiative and its China and Transformational Exports Program. Isser Elishis, Chairman and CEO of Waterton Mining (100% owner of Solidus) commented, 'The Spring Valley Project will be Nevada's next long-life heap leach gold mine. The significance of this transaction will be far-reaching, boosting domestic non-fuel mineral production, creating thousands of high-paying jobs, increasing significantly both local wages and tax revenues, and enhancing U.S. mining competitiveness.' He added, 'The Spring Valley application is a major gold critical mineral project under financing consideration by the Export-Import Bank of the United States under the recent Executive Orders on domestic mineral production and industrial reinvigoration. As such, it positions EXIM to lead in deploying federal capital through both its Make More in America initiative and its China and Transformational Exports Program and, at the same time, support the onshoring of strategic mineral production, encouraging U.S.-based sourcing of mining technology, and boosting exports of American-manufactured equipment and services. We are grateful for the Trump administration's support of our project.' About Solidus Resources, LLC Solidus Resources, LLC is a gold developer focused on advancing the Spring Valley Gold Project in Pershing County, Nevada, through permitting, construction, and into operations. Solidus is a wholly-owned subsidiary of Waterton Mining, a private mining company. For further information, please visit the Solidus Resources website at Alternatively, please contact: Jack McMahon, President info@
Yahoo
13-05-2025
- Business
- Yahoo
Solidus Resources, LLC Receives Letter of Interest for up to $835 Million in Financing from Export-Import Bank of the United States for Nevada's Spring Valley Project
RENO, Nev., May 13, 2025 (GLOBE NEWSWIRE) -- Solidus Resources, LLC (Solidus) is pleased to announce the Company's receipt of a Letter of Interest from the Export-Import Bank of the United States (EXIM) regarding the potential financing of up to $835,000,000.00 for the Spring Valley Project. The funding for this project is being considered under EXIM's Make More in America initiative and its China and Transformational Exports Program. Isser Elishis, Chairman and CEO of Waterton Mining (100% owner of Solidus) commented, 'The Spring Valley Project will be Nevada's next long-life heap leach gold mine. The significance of this transaction will be far-reaching, boosting domestic non-fuel mineral production, creating thousands of high-paying jobs, increasing significantly both local wages and tax revenues, and enhancing U.S. mining competitiveness.' He added, 'The Spring Valley application is a major gold critical mineral project under financing consideration by the Export-Import Bank of the United States under the recent Executive Orders on domestic mineral production and industrial reinvigoration. As such, it positions EXIM to lead in deploying federal capital through both its Make More in America initiative and its China and Transformational Exports Program and, at the same time, support the onshoring of strategic mineral production, encouraging U.S.-based sourcing of mining technology, and boosting exports of American-manufactured equipment and services. We are grateful for the Trump administration's support of our project.' About Solidus Resources, LLCSolidus Resources, LLC is a gold developer focused on advancing the Spring Valley Gold Project in Pershing County, Nevada, through permitting, construction, and into operations. Solidus is a wholly-owned subsidiary of Waterton Mining, a private mining company. For further information, please visit the Solidus Resources website at Alternatively, please contact:Jack McMahon, Presidentinfo@
