Latest news with #Solidus'
The Wire
10 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.
Business Upturn
22-05-2025
- Business
- Business Upturn
Solidus Labs Unveils Agentic-Based Compliance: A New Model for Trade Surveillance Operations
By Business Wire Published on May 22, 2025, 17:38 IST New York, United States: Solidus Labs , the category-definer in trade surveillance and risk monitoring for digital and traditional asset classes, today announced the launch of Agentic-Based Compliance, a groundbreaking model for surveillance operations that leverages a network of AI agents to deliver exponential efficiency, precision, and intelligence across the entire trade surveillance and transaction monitoring investigation lifecycle. Legacy compliance solutions have failed to keep up with the rapid modernization and growing complexity of global markets. Compliance teams are forced to work with a patchwork of disconnected and expensive tools that fail to deliver results efficiently. According to McKinsey , compliance analysts spend 80% of their time on low or moderate-risk issues, often repetitively resolving false positives or performing menial work. This inefficiency extends to market abuse detection: Despite the enormous resources and efforts invested in compliance technology, firms continue to face enforcement actions for missed manipulation. Research shows that market abuse like insider trading occurs in 20% of mergers and acquisitions and 5% of quarterly earnings announcements in U.S. markets. More broadly, only 4% of Suspicious Activity Reports (SARs) lead to law enforcement investigations. This isn't a failure of effort – it's a failure of architecture. Built on Solidus' proprietary platform, HALO, Agentic-Based Compliance reimagines how financial institutions detect, investigate, and resolve market abuse risks. It replaces legacy systems and siloed workflows with a unified, intelligence-led architecture powered by autonomous AI agents that augment human analysts and operate across a multi-dimensional risk environment. 'Agentic-Based Compliance is the only way compliance teams can stay ahead of emerging complexities like 24/7 off-platform trading, enhanced retail participation and the heightened risks they carry for cyber-enhanced financial crimes and cross-product and cross-market manipulation,' said Asaf Meir, Founder and Chief Executive of Solidus Labs. 'Our vision is simple: Compliance operations should be as scalable, intelligent, and efficient as the markets they're designed to protect. Solidus' Agentic-Based Compliance delivers just that, solving for tech sprawl, alert fatigue, talent shortage and surveillance blind spots that cost firms thousands of hours and can reach billions of dollars in losses and fines.' HALO embeds a fleet of purpose-built AI agents, each designed to streamline a specific stage of the compliance investigation lifecycle — from signal enrichment and alert remediation to model testing, OSINT intelligence feeds, case management, and regulatory reporting. Born in crypto's highly fragmented and complex environment, Solidus' Agentic-Based Compliance is future-proof by design for all asset classes, leading to 20X faster investigations and saving compliance analysts as much as 5 hours of menial work per day. Like all Solidus Labs' solutions, it was developed in tandem with regulatory feedback – aligning with the current and evolving demands of modern financial markets, including the imperatives of market abuse regulations in the U.S., EU, and other leading jurisdictions. Poised to power the next generation of surveillance operations, Solidus' Agentic-Based Compliance is already gaining traction among forward-looking financial firms seeking to modernize their compliance capabilities and reduce operational strain. To learn more, visit . About Solidus Labs Solidus Labs is the category-definer for Agentic-Based Compliance in trade surveillance and risk monitoring. Founded in 2018 by Goldman Sachs veterans, the company merges Wall Street rigor, crypto-native innovation, and cybersecurity principles to reinvent compliance for the modern financial era. At the core is HALO, an AI-powered risk-based platform trusted by financial institutions, crypto firms, and regulators globally to drive proactive, intelligence-led oversight — across any product, venue, or asset class. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same. Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences.
