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Fullout Unveils Ribbed Dusty Rose Gold Collection: Empowering Women Through Stylish Activewear

New ribbed activewear collection from FullOut for a better yoga and fitness experience.

  • Introducing the Ribbed Activewear Collection

SINGAPORE – Media OutReach Newswire – 24 June 2025 – As a Singapore-based brand, Fullout stands out by blending functionality with fashion. Fullout is dedicated to curating activewear and athleisure wear that offers modern women with both performance and style. As part of the Velo Velo group, a leading distributor of cycling apparel and performance wear, Fullout blends global quality with regional relevance to create pieces that feel as good as they look. The Ribbed Activewear Collection from NYC’s Kynd Society is a testament to elegance and performance.

Fullout Unveils Ribbed Dusty Rose Gold Collection: Empowering Women Through Stylish Activewear

Featuring sports bras, leggings, and shorts, each piece is crafted with ribbed fabric that offers both comfort, a flattering fit and stunning colours like dusty rose gold and periwinkle blue. Some features of our ribbed collection includes:

  • Its exceptional elasticity provides comfort and flexibility to move with the body during exercise, and hence, suitable for medium to high intensity workouts.
  • The material that hugs the body contours and smooths them out evenly as it has a compressive active fit.
  • The design consists of a complex knit structure that ensures breathability and consistency of the fabric over a period of time.
  • Our ribbed collection, which does not slip or shift, making the activewear great for HIIT, running and yoga.

FullOut offers an affiliate program designed to welcome individuals into the FullOut community. Yoga, Pilates, spin, dance, rowing, climbing, and MMA instructors, as well as professional athletes, are eligible to join the squad and receive a 25% discount on merchandise.

FullOut also has an affiliate program for everyone to be part of the FullOut community. Affiliate members are encouraged to create content on platforms such as Facebook, Instagram, and TikTok, and will earn a 15% commission on every merchandise sale made through their unique affiliate link. Customers are encouraged to tag @fulloutactivewear on Instagram and hashtag #GoFullout to share their looks to be featured on the FullOut Instagram page.

Now available at FullOut and Velo Velo MY.
Hashtag: #GoFullOut



The issuer is solely responsible for the content of this announcement.

FullOut Activewear

Derived from a dance term signifying maximum energy and performance, “Fullout” embodies the spirit of giving one’s all. This ethos is reflected in their carefully selected apparel that motivates and empowers women—whether they’re hitting the gym, attending a yoga class, or enjoying a casual brunch. Fullout’s collaboration with Kynd Society brings globally recognized activewear to the Asian market, with designs and materials tailored specifically to local needs such as climate, fit preferences, and lifestyle. Celebrities like Bella Hadid, Hailey Bieber and more have been spotted in our kits.

Asia’s First Porsche Design Tower Offers Revolutionary Luxury Living Experience to Bangkok’s Vibrant Japanese Community


STUTTGART, GERMANY / TOKYO, JAPAN – Media OutReach Newswire – 24 June 2025 – Porsche Design Tower Bangkok emerges as a defining statement of excellence in luxury automotive-inspired living. As Asia’s first and the world’s third Porsche Design Tower, this landmark development welcomes Japanese connoisseurs and collectors to an exceptional experience.

Duplex Living

Redefining Ultra-luxury

Rising above Bangkok’s sophisticated Thong Lo district the development introduces just 22 masterfully crafted ‘Sky Villas’. Each residence, spanning from 525 to 1,135 square meters, is conceived for those who cherish exceptional design. The project’s revolutionary concept of “Passion Spaces” – private luxury garages of 100 to 335 square meters, connected directly to each residence via exclusive private lifts – transforms the way residents experience their carefully curated car collections, elevating personal passions to a true art form.

Where Passion Lives

For Japan’s discerning Porsche enthusiasts and luxury connoisseurs, this development represents more than an ultra-luxury residence – it’s the ultimate expression of design culture and refined living. These versatile spaces offer the flexibility to create sophisticated entertainment venues that celebrate individual excellence. This groundbreaking concept allows residents to integrate their passion seamlessly into daily life, offering a distinctive residential experience that honors premium craftmanship.

The project’s location in Thong Lo – the city’s most refined Japanese enclave known as ‘Petite Tokyo’ – provides an authentic touch of home, where residents find themselves surrounded by Bangkok’s most established Japanese community. Premium Japanese establishments, cultural venues, and lifestyle amenities create a sophisticated environment that perfectly complements the Porsche Design Tower’s ultra-luxury offering.

Through this distinguished partnership with List Sotheby’s International Realty Thailand – part of a global network of more than 25,000 affiliated independent sales associates in approximately 1,000 offices across 81 countries – Japanese connoisseurs receive exclusive representation and personalized consultation services for this transformative residential opportunity. The collaboration offers dedicated multilingual services in Japanese, English, Chinese, and Thai, ensuring a first-class experience for discerning clients.

The Sales Center, scheduled to open in Q3 2025, will offer an immersive preview of the visionary Porsche Design Tower Bangkok. For detailed information and to explore this unprecedented opportunity, visit List Sotheby’s International Realty https://www.sothebysrealty.com/thailand/eng/sales/detail/758-l-84405-4wpbx8/porsche-design-tower-bangkok-sukhumvit-38-alley-bangkok-bk-10110 and pdtowerbangkok.com.

Hashtag: #PorscheDesignTowerBangkok

The issuer is solely responsible for the content of this announcement.

About Porsche Design

In 1963, Professor Ferdinand Alexander Porsche created one of the most iconic design objects in contemporary history: the Porsche 911. Following his vision to take the principles and myth of Porsche beyond the automotive world, he created the exclusive lifestyle brand Porsche Design in 1972. His philosophy and design language can still be seen in all Porsche Design products today. Every Porsche Design product stands for extraordinary precision and perfection, boasts a high level of technological innovation and seamlessly combines intelligent functionality and puristic design. Created by Studio F. A. Porsche in Austria, our products are sold worldwide in Porsche Design stores, high-end department stores, exclusive specialist retailers and the official online store ().

Global Seafood Industry Will Converge at Seafood Expo Asia in Singapore to Uncover New Business Opportunities, Partnerships and Innovations and Trends in the Asian Market

The Expo will take place on 10-12 September at the Sands Expo and Convention Centre in Singapore and will feature new and innovative products, seafood tastings, culinary demonstrations, networking opportunities, educational conference sessions and more. Last year’s expo brought more than 4,530 seafood professionals from 80 countries.


SINGAPORE – Media OutReach Newswire – 24 June 2025 – Seafood Expo Asia, organized by Diversified, will take place in Singapore on 10-12 September 2025. The Expo provides a strategic platform gathering seafood suppliers from around the world and buyers from across Asia for three days of face-to-face meetings and business growth opportunities. Seafood professionals from across the supply chain will gather in one place to learn about new opportunities in the sector, build and strengthen business partnerships, discover the latest seafood products, processing equipment and services and learn about the latest trends in the Asian market.

Seafood Expo Asia 2024
Seafood Expo Asia 2024

“The uniqueness of this event is in its tailored approach to connecting worldwide seafood companies with the buyers they need to expand their business in the Asian market,” said Wynter Courmont, Vice President of Seafood at Diversified. “The event offers several onsite opportunities for exhibitors, buyers in the Asian market and seafood professionals to develop deeper relationships in-person and discover new market opportunities to achieve annual business goals.”

A growing number of seafood companies from countries around the world will be participating in this year’s edition. Countries include Australia, Canada, Chile, Ecuador, France, Germany, Honduras, India, Indonesia, Italy, Japan, Malaysia, Mauritius, Netherlands, Norway, Qatar, Singapore, South Africa, Spain, Sri Lanka, Sweden, Thailand, Turkey, United Kingdom, United States, Vietnam and more. New country participation from Estonia and United Arab Emirates as well as new national pavilions from China, Estonia, South Korea and Taiwan will be represented on the exhibit floor.

Seafood Expo Asia 2024 Exhibit Floor
Seafood Expo Asia 2024 Exhibit Floor

Some of the seafood companies exhibiting at this year’s event include AquaChile, Blumar Seafoods, Fanny Bay Oysters, Ferme Marine de Mahebourg Ltd, Gadre Marine Export Pvt Ltd, Grupo Aquamar, Gumusdoga, Loch Duart Salmon, Marennes Oleron Oysters, Pacific Urchin Harvesters Association, Saint Kerber, South African Farmed Abalone Export Council, Ulka Seafoods PVT Ltd, Vinh Hoan Corporation, Yeam Seng Frozen Goods & Fishery, Zalmhuys Group and more. Processing equipment and solution companies include BAADER ASIA PTE. LTD., D&D Electronics, Co., Ltd, GB Bernucci SRL, Jaw Feng Machinery Co., Ltd., JD5 Hygiene GmbH, Moon Environment Technology SDN BHD, Nantong Worldbase Refrigeration Equipment ZCo., Ltd., Silikal GmbH and more.

Seafood professionals and purchasing decision-makers from catering, hotels, imports, restaurants, supermarkets, wholesalers and more attend the event for three days of sourcing, networking and educational learning. Key Buyers and Hosted Buyers, who are qualified high-volume seafood importers or buyers from retail and foodservice companies, can take part in the Expo’s Business Matchmaking Program, which facilitates dedicated meetings with seafood suppliers and source specific products.

In addition to companies showcasing their products, the exhibit hall will feature culinary demonstrations, a product showcase, product samplings and engaging competitions such as the Seafood Excellence Asia Awards and Oyster Challenge. An educational conference program will include top leaders across the sector discussing timely topics including technology updates in seafood processing, aquaculture innovations, sustainability, supply chain accountability and more.

Seafood industry professionals can learn more about Seafood Expo Asia, find information on the conference program and other special events and register to attend for free by visiting www.seafoodexpo.com/asia.

HOW TO REGISTER: To register as media/press, please click here.
To register as an attendee, please click here.

Hashtag: #SEASIA25





Wechat: SeafoodExpoAsia

The issuer is solely responsible for the content of this announcement.

Seafood Expo Asia

is a trade event where buyers from across Asia and industry suppliers from around the world come together to network and conduct business in the lucrative Asian market. The event is produced by Diversified and takes place annually in Asia. is the exposition’s official media covering industry news year-round.

SSSTC Launches Video Recording SATA SSD for Stable, Uninterrupted Performance


TAIPEI, TAIWAN – Media OutReach Newswire – 24 June 2025 – Solid State Storage Technology Corporation (SSSTC) announces the launch of its SSSTC CVD Series SATA SSDs, specifically engineered for high-frequency, long-duration continuous write applications. Designed to meet the demanding requirements of video recording, surveillance, video production, media streaming, in-vehicle recording, edge sensing, and industrial data logging, the SSSTC CVD Series delivers exceptional stability and durability in write-intensive environments.

The SSSTC CVD Series SATA SSD with Direct Write technology is the ideal choice for video recording applications. Image courtesy of Solid State Storage Technology Corporation (SSSTC).

The SSSTC CVD Series SATA SSD with Direct Write technology is the ideal choice for video recording applications. Image courtesy of Solid State Storage Technology Corporation (SSSTC).

When non-optimized SSDs are used for high-intensity video recording, they often suffer from sudden speed drops caused by SLC cache saturation or firmware interference—resulting in lag, frame loss, write interruptions, or even video data loss. To address these pain points, the SSSTC CVD Series features SSSTC’s optimized Direct Write firmware, purpose-built for intensive write workloads. This technology writes data directly to TLC NAND Flash Memory, eliminating reliance on the SLC cache and significantly improving performance stability.

As a result, the SSSTC CVD Series delivers stable write speeds (preventing speed drops), low latency (eliminating write lag), distortion-free visuals (avoiding frame loss), and uninterrupted recording (preventing write interruptions), thereby preserving the integrity of video data. Even under 24/7 high-resolution continuous recording, the SSSTC CVD Series maintains steady and consistent performance.

Powered by high-quality Kioxia BiCS FLASH™ 5th-generation 3D TLC NAND Flash Memory, the SSSTC CVD Series combines finely tuned firmware developed by SSSTC’s in-house R&D team to ensure high stability and reliability, achieving a mean time between failures (MTBF) of over 3 million hours.

In terms of capacity and form factor, the SSSTC CVD Series is designed to meet the commonly adopted specifications in industrial applications, featuring capacities from 128 GB to 2 TB and industry-preferred form factors, 2.5-inch and M.2 2280, to ensure seamless integration with industrial PCs, embedded platforms, and edge devices. It also supports an operating temperature range of 0 °C to 85 °C, enabling dependable performance in diverse and rugged environments.

Additionally, the SSSTC CVD Series features a low-power design through its support for DevSleep mode, significantly reducing power consumption during system idle periods. This makes it especially suitable for front-end recording devices and mobile monitoring equipment that require stable, long-term operation.

As a subsidiary of Kioxia, SSSTC leverages decades of expertise in NAND Flash Memory storage and industrial applications to provide stable and reliable SSDs to customers worldwide. The SSSTC CVD Series is now in mass production. For more information, please visit the SSSTC website: https://www.ssstc.com.

Hashtag: #SSSTC

The issuer is solely responsible for the content of this announcement.

Canon’s ‘THINK BIG’ Series Returns to Hong Kong to Drive Business Transformation in the Artificial Intelligence Era

Event to showcase next-gen business solutions and expert-led strategies for businesses to enhance efficiency and competitiveness


HONG KONG SAR – Media OutReach Newswire – 24 June 2025 – Canon today announced the return of ‘THINK BIG’ Event Series in Hong Kong, ‘THINK BIG: Automate. Optimize. Innovate.’ The second edition of this highly anticipated event will take place on 11 July 2025 at the JW Marriott Hotel Hong Kong.

Canon ‘THINK BIG’ Event Banner
Canon ‘THINK BIG’ Event Banner

The imperative to automate, optimize, and innovate has never been stronger. 51% of enterprises in Hong Kong reported that the use of Artificial Intelligence (AI) and automation tools has significantly improved productivity and operational efficiency. Designed to equip business leaders with forward-looking strategies and actionable insights, THINK BIG will help organizations evolve into smarter, future-ready enterprises to navigate today’s increasingly competitive business landscape. The event will also be geared towards empowering businesses to harness technology to transform next-generation business models.

Building on the legacy of the ‘THINK BIG’ initiative that was launched in Singapore in 2010, the Hong Kong edition underscores Canon’s commitment in partnering with various enterprises—from small businesses to large corporations—to innovate and enhance their operational capabilities for future readiness.

“The return of ‘THINK BIG’ to Hong Kong for its second edition is more crucial than ever as businesses embrace the transformative power of technology,” said Norihiro Katagiri, Senior Vice President, Canon Singapore. “The event series embodies ‘THINK BIG, Think Canon’—our belief that true business transformation begins with bold thinking and innovation. Canon remains dedicated to empowering enterprises across the region, including those in Hong Kong, with smart, scalable solutions that enhance operational efficiency and productivity; while ensuring they can unlock even greater potential as they navigate the complexities and opportunities of a rapidly evolving world.”

Redefining Hong Kong’s Business Landscape: Paving the Way for an AI-Powered Economy

To become a global data and innovation hub, Hong Kong has identified AI as a key driver for growth and sustainable development, notably earmarking HK$1 billion in the 2025/2026 Budget for its new AI Research and Development Institute. To align with the local government’s strategic vision, ‘THINK BIG: Automate. Optimize. Innovate.’ will provide businesses with critical solutions and insights to fully leverage AI technologies.

“As Hong Kong increases its investments in AI and innovation, businesses will have opportunities and the imperative to transform themselves,” said Gary Lee, President and CEO, Canon Hong Kong. “Canon is well-placed to being a crucial partner to businesses in supporting this transformation. Through ‘THINK BIG: Automate. Optimize. Innovate.’, we aim to equip enterprises of all sizes with the appropriate solutions to embrace an AI-driven future, helping them redefine their operations for sustainable growth within this vibrant ecosystem.”

THINK BIG with AI-driven Technologies and Industry Leadership

Attendees at ‘THINK BIG: Automate. Optimize. Innovate.’ will gain first-hand experience with Canon’s next-generation office equipment and integrated solutions that have been designed to address diversified industry needs across sectors such as legal, banking and finance.

The event will also mark the Asia launch of Canon’s latest imageFORCE multi-function device (MFD) series. Attendees can explore its advancements in AI-assisted smart maintenance—powered by machine learning to maximize uptime—and AI-driven data capture, which together enable intelligent automation that simplifies workflows. The new 5100 and 6100 series feature advanced security protections to safeguard sensitive data and seamless cloud integration for enhanced collaboration in the modern workplace.

To complement these product showcases, there will also be industry experts and esteemed speakers from key trade associations, who will discuss topics such as the role of Agentic AI in redefining next-generation business models and maximizing productivity in the AI-powered future workplace.

Interested participants can register for ‘THINK BIG: Automate. Optimize. Innovate.’ here on its official website and explore how Canon’s innovative technologies can transform next-generation business models.

Hashtag: #canon

The issuer is solely responsible for the content of this announcement.

About Canon Singapore Pte. Ltd.

Canon is a global leader in photographic and digital imaging solutions. Canon Singapore Pte. Ltd. is the headquarters for South & Southeast Asia driving sales, marketing and service strategies. Besides handling the domestic market, the company covers 22 other countries and regions. The parent company Canon Inc. has a global network of more than 300 companies and employs about 170,000 people worldwide. Canon is guided by its kyosei philosophy that focuses on living and working together for the common good.

More information is available at .

RETRANSMISSION: DevvStream Signs Carbon Management Agreement with Energy Efficient Technologies

Partnership expands DevvStream’s pipeline with efficiency-based environmental assets and shared energy-savings revenue

Calgary, Alberta – Newsfile Corp. – June 23, 2025 – DevvStream Corp. (NASDAQ: DEVS), a leading carbon management firm specializing in the development, investment, and sale of environmental assets, today announced a carbon-management agreement with Energy Efficient Technologies (“EET“). EET is an engineering firm that reduces electricity use in commercial buildings by an average 8%-35% and has validated savings for numerous large-scale clients, including a global hospitality group operating more than 8,000 hotels across more than 130 countries, the world’s largest quick-service restaurant network, and one of the world’s largest brewing companies, with flagship beer brands sold in over 100 markets.

Deal highlights

  • Two revenue streams. Pursuant to the agreement, DevvStream will receive revenue from EET’s carbon credits and international renewable energy certificates (“I-RECs“) and share in verified utility-bill savings.
  • New vertical. Adds building-efficiency assets to DevvStream’s hydro, solar, waste-to-energy, carbon-capture, and biogas portfolio of projects and partners.
  • Large addressable market. EET estimates that deploying its CryoGenX4™ across 8,000 data centers could save (US) $20 billion in power costs, cut 166 billion kWh, and avoid 117 million tonnes of CO₂ per year—showing the scale DevvStream can help monetize.
  • Growing demand. Companies seeking scope-2 reductions increasingly view energy-efficiency credits as a cost-effective decarbonization path.

“We believe EET’s proven record of double-digit energy savings positions us to unlock a high-value stream of efficiency-based credits and cost-sharing revenue,” said Sunny Trinh, CEO of DevvStream. “By layering shared savings on top of carbon- and I-REC monetization, we anticipate further diversifying DevvStream’s income while helping businesses cut costs and emissions.”

“Energy Efficient Technologies has delivered—and independently verified—double-digit energy-use reductions for clients such as Marriott, McDonald’s cold-chain distribution network, Anheuser-Busch, and Cogent Communications data centers,” said Joe Mearman, CEO of EET. “DevvStream’s transparent credit-certification process and global buyer reach provide a trusted pathway to convert those proven savings into high-integrity carbon credits and I-RECs, allowing our customers to capture additional environmental and financial value while we remain focused on engineering efficiency at scale.”

About DevvStream

Founded in 2021, DevvStream is a leading carbon management firm specializing in the development, investment, and sale of environmental assets, energy transition, and innovative carbon management solutions. The Company’s mission is to create alignment between sustainability and profitability, helping organizations achieve their climate initiatives while directly improving their financial health.

With a diverse approach to energy transition and carbon markets, DevvStream operates across three strategic domains: (1) an offset portfolio consisting of nature-based, tech-based, and carbon sequestration credits for immediate sale to corporations and governments seeking to offset their most difficult-to-reduce emissions; (2) project investment, acquisitions, and industry consolidation to extend the company’s reach, allowing it to become a full end-to-end solutions provider; and (3) project development, where the company serves as project manager for eligible activities such as EV charging or renewable energy generation in exchange for a percentage of generated credits or I-RECs.

For more information, please visit www.devvstream.com.

About Energy Efficient Technologies

Since 1988, the Energy Efficient Technologies team has been passionate about helping the environment.

The company’s employees began as contractors working with the United States Navy, helping to automate the energy and control systems of nuclear submarines, warships, and aircraft carriers. Their work allowed personnel to focus on their primary tasks, while reducing energy, fuel usage, operation and maintenance costs and improving reliability and survivability. Today, Energy Efficient Technologies has become an industry leader through its continued research and applications. The company’s goal is to help every client reduce their carbon footprint while becoming more energy efficient and profitable. Learn more at www.esquaredt.com.

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this news release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts and generally relate to future events, trends or DevvStream’s future financial or other performance metrics. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. These forward-looking statements include statements regarding DevvStream’s intentions, beliefs, projections, outlook, analyses and current expectations concerning, among other things, DevvStream’s ability to continue as a going concern and to realize the benefits of its recently completed business combination, DevvStream’s ability to remain listed on Nasdaq, the volatility of the market price and the liquidity of DevvStream’s common shares, the impact from future regulatory, judicial, legislative or regulatory changes in DevvStream’s industry, the trends in the carbon credit markets, future performance and anticipated financial impacts of certain transactions by DevvStream or others, the growth and value of the global carbon credit or I-REC market traded value, the potential of carbon credits to provide carbon emission reductions and reduce carbon emissions to limit global warming, estimated CO2 capture, sequestration, decarbonization or storage capacities or potentials of different projects in which DevvStream is investing, DevvStream’s opportunity pipeline and the ability of such opportunities to generate I-RECs, carbon credits, tax credits, or shared savings revenue each year, and the market growth and value of these markets, all of which are subject to risks and uncertainties, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by DevvStream and its management are inherently uncertain and subject to material change. Given these risks, uncertainties, and other factors, you should not place undue reliance on these forward-looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Execution and revenue realization under the agreement are subject to independent validation of energy savings, the issuance of environmental assets by applicable registries, and continued performance by project partners. Successful execution of projects described herein is subject to regulatory approvals and the performance of local partners, and there can be no assurance that all contemplated environmental assets will be issued or monetized. Moreover, there can be no assurance that any future agreements described herein will be executed.

These forward-looking statements are expressed in good faith, and DevvStream believes there is a reasonable basis for them. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and DevvStream is under no obligation, and expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers should carefully review the statements set forth in filings made by, or to be made by, DevvStream from time to time with the SEC and with the Canadian securities regulatory authorities. This news release is not an offer to sell or the solicitation of an offer to buy, any securities of DevvStream and this news release is not intended to be all-inclusive or to contain all the information that a person may desire in considering an investment in DevvStream. All subsequent written and oral forward-looking statements concerning DevvStream or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above.

Contact
ir@devvstream.com
Phone: (408) 365-4348

The issuer is solely responsible for the content of this announcement.

Over 3,000 Flights Disrupted as US Strikes on Iran Spark Airspace Closures

Over 3,000 Flights Disrupted as US Strikes on Iran Spark Airspace Closures
This image is used only for representational purpose (photo credit: Travel Trade Journal)

Thousands of flights between Asia and Europe have been canceled or rerouted after several Middle Eastern countries abruptly closed their airspace, causing widespread travel chaos for passengers and airlines alike.

Australia’s ‘solar godfather’: Vietnam leads Southeast Asia’s clean energy transition


HANOI, VIETNAM – Media OutReach Newswire – 23 June 2025 – With the invention of solar cells using Passivated Emitter and Rear Contact (PERC) technology, Prof. Martin Andrew Green from the University of New South Wales (Australia) and his team made a groundbreaking contribution to green energy production. Two years after receiving the 2023 VinFuture Grand Prize, he continues to push the boundaries of solar innovation, working to improve efficiency and help pave the way for a future of productive renewable energy harvest.

Prof. Martin Green, 2023 VinFuture Prize Laureate and Member of the VinFuture Prize Council, commended VinFuture and Vingroup's efforts in accelerating Vietnam's leading position in the global race to renewable energy.
Prof. Martin Green, 2023 VinFuture Prize Laureate and Member of the VinFuture Prize Council, commended VinFuture and Vingroup’s efforts in accelerating Vietnam’s leading position in the global race to renewable energy.

Nurturing the energy revolution

Renowned as the “godfather of solar,” Prof. Martin Green has spent over five decades advancing solar energy technologies. In 2023, Prof. Green’s revolutionary development of Passivated Emitter and Rear Contact (PERC) technology, now used in over 90% of solar panels worldwide, earned him the VinFuture Grand Prize. Through the VinFuture Prize, Prof. Green has also had a unique perspective on Vietnam’s progress toward global sustainability, as he continues to become a member of the VinFuture Prize Council.

One of the most immediate outcomes was the opportunity to establish new collaborations in Vietnam. I have gained much greater insight into the progress being made in Vietnam’s clean energy sector than I knew before,” he shared.

Prof. Green also expressed deep appreciation for the VinFuture Prize, noting that winning such a significant award had undoubtedly enhanced his research group’s ability to attract the necessary resources to develop new ideas.

Earlier this year, his pioneering work was honored with a clean-energy ferry named after him in Australia. While he felt “fortunate to be selected,” Prof. Green emphasized that this recognition propelled him toward a broader movement for a global solar energy revolution.

We need to move faster,” he urged, pointing to the stark evidence already unfolding in Australia, including massive bushfires followed by widespread flooding that falls well outside the norm. “It is a bit of a sign of what lies in the future. We’re beginning to feel the initial effects of climate change, which will only intensify unless we take urgent action,” Prof. Green warned.

The “godfather of solar” also shared that the path forward hinges on international collaboration and government leadership. The global exchange of knowledge and talent has allowed innovations from his lab to influence commercial solar production in China, which in turn benefits countries like Australia that import these cost-effective solar technologies.

Much of that progress, Prof. Green added, has been made possible by falling prices driven by technologies like PERC, as well as support from international organizations such as the United Nations (UN). One of the UN’s key Sustainable Development Goals is to ensure universal access to energy by 2030 and solar offers the most viable path to get there.

Pushing solar frontiers

In recent years, Prof. Martin Green and his team have continuously challenged the boundaries of what photovoltaic technology can achieve. One of the most compelling directions in his current research revisits a landmark theoretical paper he wrote about 40 years ago, regarding the limits on the energy conversion efficiency of silicon cells.

At the time, most people believed that the efficiency limits lay just over 20% energy conversion efficiency. However, in my paper, I calculated the theoretical limit to be between 29% and 30%, significantly higher than what was commonly accepted,” he said, suggesting that 25% efficiency was a feasible target.

This insight became a key motivation for his team to explore greater efficiency gains. They set a practical goal of 25% efficiency, which they ultimately reached around the turn of the century. Today, many commercial solar cells already operate at this level of efficiency, getting closer to the 29-30% limit he proposed years ago.

The second area of focus involves stacking cells made from different materials on top of each other to capture more energy from sunlight. Sunlight can be regarded as a stream of particles called photons. Silicon cells respond to photons of all colors in sunlight, from blue to red and even to the lower-energy infrared ones that our eyes can’t see. However, blue photons contain much more energy than needed, and in standard silicon cells, that excess energy is wasted.

This is the key reasons behind the limits on the energy conversion efficiency of silicon cells.

One material showing strong potential in lab settings is a special kind of perovskite, made with heavy elements like lead and iodine. Still, there is no guarantee that perovskites will meet the stability standards required for widespread commercial use, which is why researchers are also investigating alternative materials. Though these alternatives don’t currently match perovskites in performance, they may offer better long-term reliability.

These approaches, aiming to increase efficiency, have opened a door for the large-scale deployment of the solar revolution.

According to Prof. Green, it has been a key driver in the dramatic cost reductions in photovoltaics over the past few decades. “If we can transition to one of these stacked tandem cells, like perovskite on silicon, it could revolutionize not only performance but also system-wide cost dynamics. Not so much in the cost of making the cell, but by leveraging those efficiency gains to reduce the broader costs of solar deployment,” he emphasized.

Bringing down the cost of cell production will be a key to expanding the interest in using them. According to the International Energy Agency, solar power delivers some of the cheapest electricity in history.

The exciting thing is that the cost of solar is still coming down despite the massive decreases we have seen over the last 15 years. It continues to fall week by week,” he said. “We witnessed the agricultural revolution and then the industrial revolution. Now, many believe we are entering an energy revolution, where it becomes so affordable and accessible that new applications open up.”

However, one of the biggest near-term challenges is finding a cell that can be used in these stacks. Silicon is an ideal material for photovoltaics as it is abundant, non-toxic, and stable. What’s missing is a complementary material that matches these qualities while offering additional performance benefits.

In this search, artificial intelligence can provide a much wider scanning of possibilities than traditional methods permit. The whole material system will be canvassed, and perhaps some new materials will be identified.

The potential of Vietnam

As the global race to renewable energy and net-zero emissions accelerates, Vietnam is not standing on the sidelines. In terms of photovoltaics, he cited the data suggesting that over 10% of Vietnam’s electricity has been generated from solar in recent years.

As the adoption scales up, the uptake needs to match the electricity network’s ability to absorb solar power. This requires parallel investment in battery storage systems and other stabilizing technologies, and Prof. Green believed Vietnam is progressing well on this front.

So I think Vietnam would be one of Southeast Asia’s leaders in terms of photovoltaics,” he remarked, Vietnam is probably already leading Southeast Asia in the clean energy transition.”

In Southeast Asia, where two-wheeled vehicles dominate urban transportation, the shift toward electric scooters is also crucial. Drawing parallels with China, where the replacement of fossil-fueled bikes with electric versions has reduced pollution and CO₂ emissions, he believed that Southeast Asian nations could see similar environmental benefits by following this path.

On this front, Prof. Green was impressed by VinFast’s electric vehicles when visiting Vietnam in 2023.

The quality of the cars seemed like genuinely competitive products. I also like the electric buses that VinBus has developed in Vietnam,” he stated. “In this context, Vingroup seems to be leading the way in developing vehicles that can meet this potential demand,” he noted.

The VinFuture Prize has also enabled Prof. Green to build valuable connections with experts in clean technology and beyond. “I shared the 2023 VinFuture Grand Prize with Prof. Rachid Yazami, Prof. Akira Yoshino and Prof. Stanley Whittingham, whose pioneering work is in lithium-ion batteries. Meeting those people and getting to understand their contributions better has been really important to me as well“, he said.

Reflecting on the diversity of fields represented, he noted:”The VinFuture Prize is not limited to clean energy; it is designed to honor innovations with global impact across a wide range of disciplines.”

Hashtag: #VinFuture

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VinFuture

The VinFuture Foundation, established on International Human Solidarity Day on December 20th, 2020, is a non-profit organization co-founded by billionaire Mr. Pham Nhat Vuong and his wife, Madam Pham Thu Huong. The Foundation’s core activity is awarding the annual VinFuture Prize, which recognizes transformative scientific and technological innovations capable of making significant positive changes in the lives of millions of people worldwide.

The VinFuture Prize is now accepting nominations for the 2026 VinFuture Prize. Submit your nominations here: https://vinfutureprize.org/vinfuture-prize-nomination/. Outstanding nominators will be honored through the VinFuture Nominator Recognition Program.

The VinFuture Prize consists of four prestigious awards presented each year. The most esteemed is the VinFuture Grand Prize, valued at US$3 million, making it one of the largest annual prizes globally. Additionally, there are three Special Prizes, each valued at US$500,000, specifically dedicated to honoring Women Innovators, Innovators from Developing Countries, and Innovators with Outstanding Achievements in Emerging Fields.