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Appian Connected Claims 2.0 Transforms Insurance Claims Management with AI

Appian is named a ‘Leader’ in Everest Group’s ‘AI-enabled Claims Management Systems for Property & Casualty (P&C) Insurance – Products PEAK Matrix®’ for 2025

LONDON, June 4, 2025 /PRNewswire/ — Appian (NASDAQ: APPN) today announced the launch of Connected Claims 2.0, an AI-powered solution designed to provide a unified claims workflow. Everest Group also named Appian a Leader in AI-enabled Claims Management Systems for Property & Casualty (P&C) Insurance – Products PEAK Matrix® Assessment 2025. Connected Claims 2.0 leverages Appian’s Case Management Studio, AI agents, and data fabric to offer streamlined, data-driven, and AI-powered automated processes.

Appian announces the launch of Connected Claims 2.0, an AI-powered solution designed to provide a unified claims workflow.
Appian announces the launch of Connected Claims 2.0, an AI-powered solution designed to provide a unified claims workflow.

Driven by rapid digital transformation, the global insurance claims services processing market is projected to reach $638.3 billion by 2032. Connected Claims 2.0 will support insurers through this growth with a unified claims workflow that accelerates processing, enhances fraud detection, combats inconsistent handling, data management issues and improves customer satisfaction. Connected Claims 2.0 offers a fully integrated, AI-powered platform with customisable workflows and a superior user experience, featuring a single pane of glass, AI-powered data insights, real-time data access, and automated regulatory compliance management.

Appian’s Connected Claims solution brings powerful AI-driven support to every adjuster, making it easier to manage the demands of a document-heavy claims environment. With capabilities like data classification, document summarisation, contextual chat, and next-best-action recommendations, AI accelerates work and improves decision-making. The next generation of the solution introduces the Appian AI Document Centre, enabling users to easily train models to extract data from unstructured documents. This means faster intake, more accurate data capture, and seamless handoff for tasks like fraud detection and automated triage. Over time, users can achieve high accuracy and boost straight-through processing (STP) rates—freeing human experts to focus only on the most complex cases. The result is faster, smarter claims handling with less manual work.

Trusted by companies like Aon, Canada Life, and Aviva, Appian has also been named a Leader in Everest Group’s AI-enabled Claims Management Systems for Property & Casualty (P&C) Insurance – Products PEAK Matrix® Assessment 2025. The assessment considered several factors, including each provider’s vision and strategy, technology capabilities, deployment flexibility, customer engagement models, support services, and overall value delivered. Appian’s recognition as a Leader highlights its strength in embedding AI directly into processes. This approach enables insurers to easily access powerful AI capabilities exactly when and where they’re needed—with just a few clicks.

“Appian’s Connected Claims solution, built on its low-code platform, combines AI-driven document processing, seamless third-party integrations, and configurable accelerators to deliver rapid time-to-value for P&C insurers,” said Aurindum Mukherjee, Practice Director at Everest Group. “Strong integration support across payment, risk, and fraud systems, coupled with proven success driving accelerated business value for insurers and high client satisfaction for implementation and support, underpins Appian’s position as a Leader in Everest Group’s AI-enabled Claims Management Systems PEAK Matrix® Assessment 2025.”

“We are launching Appian Connected Claims 2.0 to meet the urgent need for speed and early value realisation as the insurance industry tackles complexity, ” said Jake Sloan, Global Vice President of Insurance, Appian. “Our solution drives digital-first claims innovation, aligning with core admin cloud modernisation for early value realisation. It’s configurable, rapidly deployable, and leverages the latest powerful AI in Process to accelerate cycles, combat fraud, and personalise customer experiences. Connected Claims 2.0 empowers insurers to transform operations, balancing efficiency and accuracy with superior customer satisfaction, truly leading the evolution of claims management.”

Connected Claims 2.0 supports insurance companies, from claims adjusters, fraud detection teams, customer service representatives, regulatory compliance teams, to IT and operations teams.

About Appian

Appian is The Process Company. We deliver a software platform that helps organisations run better processes that reduce costs, improve customer experiences, and gain a strategic edge. Committed to client success, we serve many of the world’s largest companies across various industries. For more information, visit appian.com. [Nasdaq: APPN]

Follow Appian: LinkedIn, X (Twitter)

Disclaimer
Licensed extracts taken from Everest Group’s PEAK Matrix® Reports, may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix® reports do not necessarily provide the full context of our research and analysis.  All research and analysis conducted by Everest Group’s analysts and included in Everest Group’s PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports.

About Everest Group
Everest Group is a leading global research firm helping business leaders make confident decisions.
Everest Group’s PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products and solutions within various market segments. Likewise, providers of these services, products, and solutions, look to the PEAK Matrix® to gauge and calibrate their offerings against others in the industry or market. Find further details and in-depth content at www.everestgrp.com

 

Straker Limited (ASX: STG) – Straker launches integration with n8n

AUCKLAND, New Zealand, June 4, 2025 /PRNewswire/ — Straker Limited (ASX: STG) (“Straker” or the “Company”), a global leader in AI-powered language technology solutions, is pleased to announce a strategic integration with n8n, a widely adopted AI automation platform with over 230,000 active users globally and more than 3,000 enterprise clients.

The new Straker Verify node, available within the n8n ecosystem, addresses a critical challenge faced by businesses scaling content creation and localisation using AI: maintaining translation quality and compliance at speed and scale.

With this integration, the active users of n8n can now sign up as a Verify Ai customer and:

  • Automatically trigger translations the moment new content is generated
  • Receive real-time quality scores
  • Automatically route lower-scoring or high-priority content to expert linguists at Straker for human review
  • Accelerate global content delivery, with full confidence in linguistic accuracy and regulatory compliance

This capability is especially suited to regulated sectors, such as finance, healthcare, and legal, where translation precision is critical to compliance and operational integrity.

“As organisations race to adopt generative AI workflows, translation accuracy and oversight cannot become casualties of speed,” said Grant Straker, CEO and Co-founder. “This integration with n8n ensures businesses can move fast without compromising on the quality their global audiences demand.  It is yet another example of Straker’s strategy of leveraging third party platforms to cost effectively broaden the reach of our sales efforts and grow Straker’s high margin recurring revenue”

The Straker integration is now live and accessible at: https://n8n.io/integrations/straker

About n8n
Harnessing the power of AI, the open-source automation platform n8n is positioning itself as a central nervous system for the AI content revolution. It is a workflow automation platform combining AI with business processes. It moves beyond simple task automation to become a full-fledged development environment for creating sophisticated, AI-driven content pipelines.

By integrating deeply with leading AI models and platforms like LangChain, n8n allows technical teams to construct complex workflows that can autonomously research, generate, refine, and publish content across multiple channels. This source-available and highly flexible nature means businesses can deploy it on their own infrastructure, ensuring full control over their data and AI models, a critical credential in an era of proprietary AI systems.

Headquartered in Berlin, Germany, n8N is a private company with funding from Sequoia, Felicis Ventures, Firstminute Capital, Harpoon Ventures, and others.

Authorisation
This announcement has been authorised for release by the Board of Straker Limited.

About Straker
Straker provides next generation language services supported by a state-of-the-art technology stack and robust AI layer to clients around the world. By combining the latest available technologies with linguistic expertise, Straker’s solutions are scalable, cost-effective, and accurate. Through technical innovation and data analytics, Straker is a proven partner in future-proofing global communications.

For more information visit: www.straker.ai

Telix Manufacturing Solutions (TMS) Established in Yokohama, Japan

MELBOURNE, Australia and KYOTO, Japan, June 4, 2025 /PRNewswire/ — Telix Pharmaceuticals Limited (ASX: TLX, NASDAQ: TLX, “Telix”, “the Company”) today announces that it has established Telix Manufacturing Solutions (TMS) in Yokohama, Japan. Telix’s first cyclotron facility in the Asia Pacific region represents a significant milestone in the Company’s global manufacturing strategy.

TMS Yokohama will serve as a hub for commercial and clinical supply, and future research and development in the region. It expands Telix’s global production network which includes in-house and partner facilities. Originally opened in 2018, the site comprises a cyclotron and multiple production hot cells and was designed and built by JFE Engineering Corporation (JFE) as the Contract Manufacturing Organization (CMO) for TLX250-CDx (Zircaix®[1], 89Zr-girentuximab) in Japan and China, including for the ZIRCON-CP study[2].

Taking over the lease and operational management of this facility will provide greater control over existing clinical supply with the possibility to expand production to other Telix investigational and future commercial products in the region, including Illuccix® (TLX591-CDx, 68Ga-PSMA-11) and Pixclara®1 (TLX101-CDx, 18F-floretyrosine) for Greater Tokyo, and TLX591 (177Lu rosopatamab tetraxetan) for the Asia Pacific region. Further, the Company plans to install Telix’s ARTMS QUANTM Irradiation System® (QIS®) cyclotron technology, which it believes will facilitate standardized, high-efficiency and cost-effective production of commercially important medical isotopes.

Darren Patti, Group Chief Operating Officer, Telix said, “We are pleased to announce Telix’s first cyclotron facility in the Asia Pacific region, strategically located in Japan — the world’s second-largest nuclear medicine market. TMS Yokohama enhances our capacity to meet growing demand in the region and supports our mission to provide patients with access to advanced diagnostic and therapeutic radiopharmaceuticals.”

About Telix Pharmaceuticals Limited

Telix is a biopharmaceutical company focused on the development and commercialization of therapeutic and diagnostic radiopharmaceuticals and associated medical technologies. Telix is headquartered in Melbourne, Australia, with international operations in the United States, Brazil, Canada, Europe (Belgium and Switzerland), and Japan. Telix is developing a portfolio of clinical and commercial stage products that aims to address significant unmet medical needs in oncology and rare diseases. ARTMS, IsoTherapeutics, Lightpoint, Optimal Tracers and RLS are Telix Group companies. Telix is listed on the Australian Securities Exchange (ASX: TLX) and the Nasdaq Global Select Market (NASDAQ: TLX).

Telix’s prostate imaging product, gallium-68 (68Ga) gozetotide injection (also known as 68Ga PSMA-11 and marketed under the brand name Illuccix®), has been approved by the United States Food and Drug Administration (FDA)[1], by the Australian Therapeutic Goods Administration (TGA)[2], by Health Canada[3], by the Brazilian Health Regulatory Agency (ANVISA)[4], by the United Kingdom (UK) Medicines and Healthcare Products Regulatory Agency (MHRA)[5], by the French National Agency for the Safety of Medicine and Health Products (ANSM)[6] and in multiple countries within the European Economic Area (EEA)[7] following a positive decentralized procedure (DCP) opinion by the German medical regulator, BfArM[8]. TLX250-CDx, TLX101-CDx and TLX591 have not received a marketing authorization in any jurisdiction.

Visit www.telixpharma.com for further information about Telix, including details of the latest share price, ASX and SEC filings, investor and analyst presentations, news releases, event details and other publications that may be of interest. You can also follow Telix on LinkedInX and Facebook.

Telix Investor Relations

Ms. Kyahn Williamson
Telix Pharmaceuticals Limited
SVP Investor Relations and Corporate Communications
Email: kyahn.williamson@telixpharma.com

[1] Telix ASX disclosure 20 December 2021.

[2] Telix ASX disclosure 2 November 2021.

[3] Telix ASX disclosure 14 October 2022.

[4] Telix ASX disclosure 18 March 2025.

[5] Telix ASX disclosure 13 February 2025.

[6] Telix media release 29 April 2025.

[7] Czech Republic, Denmark, Finland, Ireland, Luxembourg, Malta, the Netherlands, Norway and Sweden at time of release.

[8] Telix ASX disclosure 17 January 2025.

Legal Notices

You should read this announcement together with our risk factors, as disclosed in our most recently filed reports with the Australian Securities Exchange (ASX), U.S. Securities and Exchange Commission (SEC), including our Annual Report on Form 20-F filed with the SEC, or on our website.

The information contained in this announcement is not intended to be an offer for subscription, invitation or recommendation with respect to securities of Telix Pharmaceuticals Limited (Telix) in any jurisdiction, including the United States. The information and opinions contained in this announcement are subject to change without notification.  To the maximum extent permitted by law, Telix disclaims any obligation or undertaking to update or revise any information or opinions contained in this announcement, including any forward-looking statements (as referred to below), whether as a result of new information, future developments, a change in expectations or assumptions, or otherwise. No representation or warranty, express or implied, is made in relation to the accuracy or completeness of the information contained or opinions expressed in the course of this announcement.

This announcement may contain forward-looking statements, including within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, that relate to anticipated future events, financial performance, plans, strategies or business developments. Forward-looking statements can generally be identified by the use of words such as “may”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “outlook”, “forecast” and “guidance”, or the negative of these words or other similar terms or expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements are based on Telix’s good-faith assumptions as to the financial, market, regulatory and other risks and considerations that exist and affect Telix’s business and operations in the future and there can be no assurance that any of the assumptions will prove to be correct. In the context of Telix’s business, forward-looking statements may include, but are not limited to, statements about: the initiation, timing, progress and results of Telix’s preclinical and clinical trials, and Telix’s research and development programs; Telix’s ability to advance product candidates into, enrol and successfully complete, clinical studies, including multi-national clinical trials; the timing or likelihood of regulatory filings and approvals for Telix’s product candidates, manufacturing activities and product marketing activities; Telix’s sales, marketing and distribution and manufacturing capabilities and strategies; the commercialization of Telix’s product candidates, if or when they have been approved; Telix’s ability to obtain an adequate supply of raw materials at reasonable costs for its products and product candidates; estimates of Telix’s expenses, future revenues and capital requirements; Telix’s financial performance; developments relating to Telix’s competitors and industry; the anticipated impact of U.S. and foreign tariffs and other macroeconomic conditions on Telix’s business; and the pricing and reimbursement of Telix’s product candidates, if and after they have been approved. Telix’s actual results, performance or achievements may be materially different from those which may be expressed or implied by such statements, and the differences may be adverse. Accordingly, you should not place undue reliance on these forward-looking statements.

©2025 Telix Pharmaceuticals Limited. Telix Pharmaceuticals®, Telix Group company, and Telix product names and logos are trademarks of Telix Pharmaceuticals Limited and its affiliates – all rights reserved. Trademark registration status may vary from country to country.

NYSE Content Advisory: NYSE, Money20/20, FINTECH.TV, and Cheddar create “Taking Stock”

NEW YORK, June 4, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE), Money20/20, FINTECH.TV, and Cheddar announced the launch of “Taking Stock,” a new, social first content series airing daily. The show was announced from the Money20/20 Europe main stage, marking a new era in fintech media.

  • Broadcasting from the NYSE, the show will feature a mix of breaking news, expert insights, and interactive social media integration, hosted by award-winning journalist J.D. Durkin with contributions from others.
  • The series will deliver on-location reporting from top fintech events around the world, spotlighting both major industry players and rising startups to a combined potential audience of over 12 million.
  • With backing from four leading media entities, Taking Stock aims to make fintech accessible and engaging, blending business, culture, and technology through authentic storytelling and audience interaction.
  • Premiering in mid-August, the show will deliver live segments, interviews, and cross-platform content focused on demystifying fintech and making it informative, entertaining, and community-driven.

Click here to learn more about Taking Stock

Kristen Scholer at Money20/20 Europe
Kristen Scholer at Money20/20 Europe

 

Kristen Scholer at Money20/20 Europe
Kristen Scholer at Money20/20 Europe

 

Kristen Scholer at Money20/20 Europe
Kristen Scholer at Money20/20 Europe

 

Kristen Scholer at Money20/20 Europe
Kristen Scholer at Money20/20 Europe

 

Kristen Scholer at Money20/20 Europe
Kristen Scholer at Money20/20 Europe

 

Kristen Scholer at Money20/20 Europe
Kristen Scholer at Money20/20 Europe

 

Video – https://mma.prnewswire.com/media/2702552/NYSE_Kristen_Scholer___Money2020_Europe_video.mp4

The GrowHub Announces Expansion of Research & Development Team to Accelerate AI Development and Capabilities

SINGAPORE, June 4, 2025 /PRNewswire/ — THE GROWHUB LIMITED (“The GrowHub” or the “Company”), a Singapore-based company leveraging blockchain technology to enhance product traceability and authenticity for products along the entire supply chain, announced plans to expand its research and development (“R&D”) team to enhance its artificial intelligence (“AI”) capabilities. This expansion marks a strategic step in the Company’s future growth strategy to deliver advanced AI-driven traceability solutions, anti-counterfeit protection, supply chain efficiency, carbon tracking, and predictive data analytics.

As part of its next growth phase, The GrowHub is accelerating its investment in AI innovation. Over the next six months, the Company will expand its R&D team by making several strategic hires of engineering and research talent across Asia. These new hires will complement the Company’s existing AI teams in Singapore and Vietnam, strengthening its capacity to deliver advanced AI functionality across its suite of solutions. As part of this AI investment, the Company is also focusing on the North Asia market for the rollout of its enhanced capabilities, specifically targeting companies operating within complex, end-to-end supply chain ecosystems.

The planned AI investments and advancements are set to enhance capabilities in:

  • Product traceability across the entire supply chain
  • Anti-counterfeit solutions to safeguard product authenticity
  • Supply chain efficiency enhancements to reduce operational costs and enable just-in-time delivery
  • Carbon footprint tracking for more effective sustainability reporting
  • Predictive data analytics for smarter, data-driven decision-making

The GrowHub CTO Chun Kiat Chai commented: “AI-driven data analytics has always been a cornerstone of our technology solutions. This initiative to augment our AI capabilities reflects our strong conviction in the immense growth potential of this space. With enhanced AI capabilities, we are better positioned to deliver more efficient, intelligent, and comprehensive solutions, helping our clients not only meet their traceability and compliance needs but also anticipate and adapt to their evolving demands for market leadership.” 

The GrowHub CEO Lester Chan added: “The GrowHub has always taken a forward-looking approach, anticipating market needs ahead of the curve. AI has always been a component of our future growth strategy, and we believe AI will become integral to both daily life and business operations in the future. Our investment in our R&D team demonstrates our commitment, and we are actively exploring additional ways to support the development of AI-driven solutions. Our goal is to ensure we are technologically prepared to develop solutions today that our clients will rely on tomorrow.”

In connection with this announcement, The GrowHub CEO Lester Chan presented at the 4th World Digital Economy & Technology Summit 2025, sharing its vision and innovations with key industry and government leaders.  

About THE GROWHUB LIMITED

The GrowHub Limited is a Singapore-based company specializing in enhancing product traceability and authenticity within supply chains through its proprietary blockchain technology platform. The GrowHub offers solutions such as blockchain traceability, anti-counterfeit measures, AI driven data analytics, and carbon management to promote transparency and sustainability. The GrowHub’s business comprises of the GrowHub Platform, a revolutionary traceability blockchain technology solution and IT professional services. The GrowHub has offices in Singapore, Malaysia, Japan, Australia, and Vietnam. For more information, visit https://thegrowhub.co/.

Investor Relations

John Yi and Steven Shinmachi
Gateway Group, Inc.
949-574-3860
TGHL@gateway-grp.com

Sigenergy’s 20 MWh Modular C&I Solution Defines the Next Generation of Energy Storage

BURGAS, Bulgaria, June 3, 2025 /PRNewswire/ — Sigenergy brought together nearly 300 global energy professionals in Burgas to explore the future of commercial and industrial (C&I) energy storage. A key highlight of the event was a visit to a landmark 20 MWh project in Malko Tarnovo, powered by Sigenergy’s modular C&I battery energy storage system (BESS). The project highlights the scalability and real-world impact of next-generation storage technology.

Sigenergy’s 20 MWh Modular C&I Solution in Bulgaria
Sigenergy’s 20 MWh Modular C&I Solution in Bulgaria

In partnership with Trakia MT Ltd., a leading Bulgarian solar company, the system is installed on a solar farm and features 90 Sigenergy C&I hybrid inverters combined with the SigenStack modular storage solution.

Tony Xu, Founder and CEO of Sigenergy, commented: “Sigenergy’s mission is to accelerate the global transition to clean energy with innovative and scalable storage solutions. This project exemplifies how advanced battery systems can drive business growth and decarbonization across industries.”

Modularity Transforming C&I Energy Storage

SigenStack introduces a truly modular approach to C&I energy storage—replacing bulky containerized systems with stackable 12 kWh battery packs. With plug-and-play connectors and tool-free installation, the system eliminates complex wiring, the need for cranes, and heavy machinery.

Thanks to this design, the entire 20 MWh system was installed in just 10 days and fully commissioned within 2 days. Galina Peycheva-Miteva, Owner of Trakia MT Ltd., noted: “The installation was incredibly smooth—more like assembling building blocks than deploying industrial infrastructure. This modular design is a game-changer for the C&I energy storage sector.”

Safety Engineered at the Pack Level

Sigenergy’s C&I BESS solutions set new benchmarks for system safety. At the heart of this innovation is the SigenStack system, engineered with safety at every level. Each 12 kWh battery pack features six layers of protection: temperature sensors, internal fire suppression units, aerogel insulation, decompression valves, high-temperature-resistant insulation pads, and smoke detectors. This configuration enables early detection of thermal runaway at the pack level and initiates a rapid, localized response within seconds.

In contrast, conventional cabinet-style systems typically lack compartmentalization and may take over a minute to react, increasing the risk of fire propagation. By isolating incidents at the module level, SigenStack significantly enhances system reliability and operational safety.

Its advanced inverter platform includes ultra-fast 500 ms anti-backflow protection and long-range arc fault circuit interrupter (AFCI) technology capable of detecting faults up to 500 meters.

To further validate its safety performance, Sigenergy partnered with global assurance provider Intertek to publish a C&I Safety White Paper. The results confirm full compliance with UL 9540A and IEC 62619, structural stability under extreme testing, and sustained operational efficiency above 95%.

Resilience Made for Zero Maintenance

Built on robust safety and modular design, Sigenergy’s C&I BESS supports 24/7 autonomous operation. With an IP66 rating for dust and water resistance, it delivers reliable performance across diverse environmental conditions. Conventional cabinet-style systems, however, often contain more vulnerable components and demand monthly inspections, half-year part replacements, and comprehensive annual maintenance.

Real-time monitoring via a cloud-based platform provides full visibility into system status, energy throughput, and alarms, significantly reducing the need for on-site inspections. Maintenance is also streamlined: faulty battery packs can be replaced individually within two hours, without full system diagnostics or on-site technician intervention. This reduces downtime, simplifies spare parts logistics, and minimizes operational costs.

The successful delivery of this project demonstrates Sigenergy’s excellence in installation speed, safety, operational reliability, and smart management. Looking ahead, Sigenergy is committed to expanding its global footprint, driving the adoption of safer, more efficient, and sustainable energy solutions worldwide.

Photo – https://laotiantimes.com/wp-content/uploads/2025/06/image-4.jpg 

Sigenergy’s 20 MWh Modular C&I Solution Defines the Next Generation of Energy Storage

BURGAS, Bulgaria, June 4, 2025 /PRNewswire/ — Sigenergy brought together nearly 300 global energy professionals in Burgas to explore the future of commercial and industrial (C&I) energy storage. A key highlight of the event was a visit to a landmark 20 MWh project in Malko Tarnovo, powered by Sigenergy’s modular C&I battery energy storage system (BESS). The project highlights the scalability and real-world impact of next-generation storage technology.

Sigenergy’s 20 MWh Modular C&I Solution in Bulgaria
Sigenergy’s 20 MWh Modular C&I Solution in Bulgaria

In partnership with Trakia MT Ltd., a leading Bulgarian solar company, the system is installed on a solar farm and features 90 Sigenergy C&I hybrid inverters combined with the SigenStack modular storage solution.

Tony Xu, Founder and CEO of Sigenergy, commented: “Sigenergy’s mission is to accelerate the global transition to clean energy with innovative and scalable storage solutions. This project exemplifies how advanced battery systems can drive business growth and decarbonization across industries.”

Modularity Transforming C&I Energy Storage

SigenStack introduces a truly modular approach to C&I energy storage—replacing bulky containerized systems with stackable 12 kWh battery packs. With plug-and-play connectors and tool-free installation, the system eliminates complex wiring, the need for cranes, and heavy machinery.

Thanks to this design, the entire 20 MWh system was installed in just 10 days and fully commissioned within 2 days. Galina Peycheva-Miteva, Owner of Trakia MT Ltd., noted: “The installation was incredibly smooth—more like assembling building blocks than deploying industrial infrastructure. This modular design is a game-changer for the C&I energy storage sector.”

Safety Engineered at the Pack Level

Sigenergy’s C&I BESS solutions set new benchmarks for system safety. At the heart of this innovation is the SigenStack system, engineered with safety at every level. Each 12 kWh battery pack features six layers of protection: temperature sensors, internal fire suppression units, aerogel insulation, decompression valves, high-temperature-resistant insulation pads, and smoke detectors. This configuration enables early detection of thermal runaway at the pack level and initiates a rapid, localized response within seconds.

In contrast, conventional cabinet-style systems typically lack compartmentalization and may take over a minute to react, increasing the risk of fire propagation. By isolating incidents at the module level, SigenStack significantly enhances system reliability and operational safety.

Its advanced inverter platform includes ultra-fast 500 ms anti-backflow protection and long-range arc fault circuit interrupter (AFCI) technology capable of detecting faults up to 500 meters.

To further validate its safety performance, Sigenergy partnered with global assurance provider Intertek to publish a C&I Safety White Paper. The results confirm full compliance with UL 9540A and IEC 62619, structural stability under extreme testing, and sustained operational efficiency above 95%.

Resilience Made for Zero Maintenance

Built on robust safety and modular design, Sigenergy’s C&I BESS supports 24/7 autonomous operation. With an IP66 rating for dust and water resistance, it delivers reliable performance across diverse environmental conditions. Conventional cabinet-style systems, however, often contain more vulnerable components and demand monthly inspections, half-year part replacements, and comprehensive annual maintenance.

Real-time monitoring via a cloud-based platform provides full visibility into system status, energy throughput, and alarms, significantly reducing the need for on-site inspections. Maintenance is also streamlined: faulty battery packs can be replaced individually within two hours, without full system diagnostics or on-site technician intervention. This reduces downtime, simplifies spare parts logistics, and minimizes operational costs.

The successful delivery of this project demonstrates Sigenergy’s excellence in installation speed, safety, operational reliability, and smart management. Looking ahead, Sigenergy is committed to expanding its global footprint, driving the adoption of safer, more efficient, and sustainable energy solutions worldwide.

PayJoy Marks 10 Years and 15 Million Customers: Focused on Expanding Responsible Financing in Emerging Markets

SAN FRANCISCO, June 4, 2025 /PRNewswire/ — PayJoy, a Public Benefit Corporation focused on bringing responsible financing to underserved customers in emerging markets, is marking its 10th year of operations. Since 2015, the company has served over 15 million customers and is on track to reach $650 million in revenue and $110 million in profit by the end of 2025.

PayJoy began with one simple idea: helping first-time borrowers finance smartphones they need for work, school, and family connection—often when no other lender would. Using its proprietary phone-security technology and alternative credit models, PayJoy created a new form of secured lending tailored to the realities of low-income, thin-file customers.

PayJoy’s growth has been built through high-growth expansion of its smartphone financing product, and more recently, a revolving credit line and the PayJoy Card, which allow customers to build credit over time and meet day-to-day financial needs. These newer products now drive a growing share of the company’s profitability, especially in Mexico and Colombia.

Looking forward, the company is piloting a digital wallet and plans to expand into remittances, bill pay, and insurance—always with the intent to meet customers where they are. Doug Ricket, PayJoy CEO and founder said, “Our customers have huge potential that we can help unlock. If we continue listening to them and building what they actually need to succeed financially, I believe we can make a real difference at scale.”

About PayJoy
PayJoy is a Public Benefit Corporation providing responsible financing to underserved populations in emerging markets. Using proprietary phone-security technology and AI-driven underwriting, PayJoy helps borrowers build credit and access digital tools for work, education, and connection. Learn more at www.payjoy.com.