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NopalCyber Hires New Head of Sales to Scale Impressive Growth in India

Industry veteran Manish Kalra will help drive growing demand in the region for holistic cybersecurity solutions

HYDERABAD, India, April 22, 2025 /PRNewswire/ — NopalCyber, a global provider of managed extended detection and response (MXDR) and attack surface management (ASM) solutions, today announced that Manish Kalra will join the company as the new Head of Sales for India. His leadership will spearhead efforts to scale NopalCyber’s growth in India further amid ongoing demand for cybersecurity solutions in that market.

“We could not be more excited to have Manish joining the NopalCyber team,” stated Varun Ira, chief executive officer at NopalCyber. “His decades of sales and leadership experience, combined with his creative thinking and innovative ideas will allow us to reach even more customers in India who need accessible yet effective cybersecurity solutions to combat rising cyber risk.”

Manish has served as a strategic and technical leader to executives in myriad sectors throughout India and Southeast Asia, bringing over 25 years of experience to his new role. Before starting his professional journey, Manish earned an MBA from MS Ramaiah Institute of Management, Bangalore, then went on to complete programs at Harvard Business Publishing, ISM, and IIM Lucknow. During his career, he has served as the Partner and Business Development Leader at Deloitte, where he led transformative growth in the Risk & Cyber business. He played a pivotal role at Grant Thornton Bharat LLP, where he helped set up the Business Development team and scale the business at 40% CAGR. Manish has also worked at EY, Escorts, and Tata Motors, among other high-performing organizations he has helped to build, scale, or lead.

On his new role, Manish commented, “I’m thrilled to be working with a company like NopalCyber that offers compelling products and services, and is backed by a strong leadership team. I believe that combining my skills and experience with NopalCyber’s strategy and offerings will make for a potent pairing that can lead to lower cyber risk and fewer digital disruptions for our clients.”

As businesses throughout India experience more frequent and damaging cyber attacks, demand for cybersecurity products, services, and solutions has grown, with many turning to NopalCyber to get the technical expertise and constant coverage they require in today’s climate. With his keen understanding of the Indian market and his wealth of experience, vision, and leadership, Manish will be an asset to NopalCyber, helping the company to serve more companies, secure more assets, and safeguard the digital future.

About NopalCyber

NopalCyber, LLC makes cybersecurity manageable, affordable and reliable. Managed extended detection and response (MXDR), attack surface management (ASM), breach and attack simulation (BAS) and advisory services fortify your offensive and defensive cybersecurity posture. AI-driven intelligence in its Nopal360° platform, NopalGo application and proprietary Cyber Intelligence Quotient (CIQ) lets anyone quantify, track and visualize a cybersecurity posture in real time. NopalCyber’s offensive and defensive services and external threat analysis are tailored to each client’s need. NopalCyber democratizes cybersecurity by making enterprise-grade security available to organizations of all sizes. For more information visit www.nopalcyber.com.

Media Contact:

Cyndy Hunter
cyndy@magnetudeconsulting.com
+1 (603) 490-9156

Banyan Group Publishes 2024 Sustainability Report

SINGAPORE, April 22, 2025 /PRNewswire/ — Banyan Group (“Banyan Tree Holdings Limited” or the “Group” – SGX: B58), a leader in sustainable hospitality, unveils its 2024 Sustainability Report—One Banyan, One Sustainable Future. The 19th edition reports on the Group’s advancements in driving action and impact across key environmental, social, and economic dimensions, reaffirming sustainability as a core foundation of its business.

Highlights from Banyan Group’s 2024 Sustainability Report
Highlights from Banyan Group’s 2024 Sustainability Report

Guided by its founding mission of ‘Embracing the Environment, Empowering People’ and the belief that travel can be a force for good, the Group’s key progress in 2024 include:

  • Accelerating decarbonisation and energy transition: In line with its ongoing commitment to addressing the business’ environmental impact, Banyan Group continued to invest in energy-efficient infrastructure and on-site renewable energy. Upgrades in lighting systems, air conditioning and room control units, as well as the installation of solar panels and timer controls across properties, resulted in a 5.7% reduction in emissions intensity per occupied room over 2023.
  • Increasing waste management initiatives: Through an increased adoption of waste reduction, recycling and repurposing activities—including food donations, composting of kitchen waste and upcycling efforts—28% of total waste produced was diverted from landfill, a five-point increase from the previous year.
  • Upholding responsible water stewardship: As a result of the Group’s approach to water conservation—focused on infrastructure repairs, proactive leak detection, enhanced storage capacity, and water reuse—water efficiency per occupied room improved by 5.1% compared to 2023.
  • Championing marine conservation: Restorations and research projects play an important role in the way Banyan Group seeks to reduce the environmental impact of its operations—the expansion of Our Marine Lab in the Maldives alongside the launch of the Coral Reef Restoration Project in partnership with the China Environmental Protection Foundation (CEPF) in 2024 reinforced its commitment to such conservation efforts.
  • Deepening support for local communities: The Group maintained its commitment to uplifting local communities and fostering long-term resilience through education, engagement, and employment opportunities—its signature Seedlings programme nurtured 93 young individuals through training and mentorship, and provided 2,515 internship opportunities. In a continued effort to support heritage traditions and promote rural production to strengthen local economies, the Group expanded its artisan network—commissioning products that supported 306 artisan communities, including 66 newly engaged groups.
  • Driving change with Greater Good Grants: To commemorate Banyan Group’s 30th anniversary in 2024, the Banyan Global Foundation funded 30 associate-initiated projects addressing the key material topics identified by the Group. The projects were selected based on criteria including the long-term social, environmental, welfare, and/or financial benefits to the communities where the Group’s hotels and resorts operate. For more information on the projects, visit: Greater Good Grants

“Sustainability is a cornerstone of Banyan Group’s purpose, and our journey will continue to evolve as we look to scale increasingly impactful practices in the upcoming years—with more ambitious climate action, deeper community engagement, and greater support for our associates to take action,” said Ho Ren Yung, Deputy Chief Executive Officer, Banyan Group.

“To achieve this, we have introduced key performance metrics aligned with our identified material issues for all senior level associates in front-line and corporate roles, empowering them to champion our ambitions. As we track our progress in 2025, we will further refine our associates’ roles to more meaningfully support the integration of responsible practices across our operations,” she added.

To learn more about Banyan Group’s approach, actions, and journey in addressing material sustainability impacts, visit: Our Mission. To read the full report, visit: 2024 Sustainability Report

For high-resolution images, please download here.

ABOUT BANYAN GROUP

Banyan Group (“Banyan Tree Holdings Limited” or the “Group” – SGX: B58) is an independent, global hospitality company with purpose. The Group prides itself on its pioneering spirit, design-led experiences and commitment to responsible stewardship. Its extensive portfolio spans over 90 hotels and resorts, more than 140 spas and galleries, and 20 plus branded residences in over 20 countries. Comprising 12 global brands, including the flagship brand Banyan Tree, each distinct yet united under the experiential membership programme withBanyan. The founding ethos of “Embracing the Environment, Empowering People” is embodied through the Banyan Global Foundation and Banyan Academy. Banyan Group is committed to remaining the leading advocate of sustainable travel, with a focus on regenerative tourism and innovative programmes that elevate the guest experience.

City of Shells: Our Forgotten Oyster Reefs – Rediscovering the Past to Build a Thriving Future

New Documentary Explores Hong Kong’s Forgotten Oyster Reefs and Their Role in Securing a Sustainable Future

HONG KONG, April 22, 2025 /PRNewswire/ — This Earth Day (April 22, 2025) marks the online launch of a groundbreaking documentary, City of Shells: Our Forgotten Oyster Reefs (香江遺礁), which sheds light on this lost marine habitat and the urgent efforts to restore it. Produced and directed by Mike Sakas, the film follows researchers, historical ecologists, and restoration scientists as they explore the vital role oyster reefs played in Hong Kong’s history and economy, highlighting why their restoration is crucial for the city’s environmental resilience and sustainability.

This Earth Day (April 22, 2025) marks the online launch of City of Shells: Our Forgotten Oyster Reefs (香江遺礁).
This Earth Day (April 22, 2025) marks the online launch of City of Shells: Our Forgotten Oyster Reefs (香江遺礁).

The Silent Disappearance of Oyster Reefs

Oyster reefs are one of the most endangered marine habitats on the planet, with over 85% lAost globally due to overharvesting, pollution, and urban development. Hong Kong is no exception—once home to extensive shellfish ecosystems, its reefs have been relentlessly dredged, mined for lime production, and buried under reclamation projects over the centuries.

Despite their critical role in cleaning water, providing habitats for marine life, and protecting coastlines from erosion, these ecosystems remain largely absent from marine conservation policies. Unlike coral reefs and mangroves, oyster reefs lack formal recognition and official protection. Without an increase in local conservation efforts, they risk complete disappearance in Hong Kong waters—along with the immense environmental benefits they provide.

“Even for well-known marine species, conservation is a challenge due to inadequate protection, weak enforcement, and coastal development. But for oyster reefs, the situation is even worse. Without any form of recognition, they are left out of conservation policies entirely. If this doesn’t change, these already degraded, vulnerable ecosystems will disappear completely—along with the vast benefits they provide for ocean health,” says Marine Thomas, Associate Director of Conservation, The Nature Conservancy Hong Kong (TNC), who is featured in the film.

Professor Bayden Russell, from the Swire Institute of Marine Science (SWIMS), The University of Hong Kong, says that society has forgotten the vast benefits that oyster reefs provide both nature and society.

“Oyster reefs are extraordinary! It’s globally recognised that they house amazing biodiversity of other species, they fuel productivity in marine ecosystems, and are powerhouses for filtering and cleaning coastal waters. But, sadly, oyster reefs across the Pearl River Delta were almost completely gone before living memory due to overharvesting and coastal development. Until we started looking deep into the history of the area, we didn’t even know that they existed here! Just think of all the benefits to the environment and human society that we’re missing – we need to get it back! We need restoration.” 

Inside the Documentary

City of Shells: Our Forgotten Oyster Reefs is the culmination of three years of filming, chronicling over seven years of ongoing research and conservation efforts to restore oyster reefs in Hong Kong and the Pearl River Delta. Through historical research and scientific exploration, the film reveals how oysters have shaped the region’s development — delving deeper into the socio-cultural ties between oysters and coastal communities, the lime industry that fueled early infrastructure across the region, and the thriving marine ecosystems that once flourished beneath its waters.

The film follows a team of researchers, restoration ecologists, citizen explorers, and marine scientists as they search for remnant reefs, using historical maps, ecological surveys, and underwater expeditions to piece together clues about where these lost habitats might still perdure. Their findings suggest that not all is lost, and if restoration efforts are implemented at scale, oyster reefs could flourish once more. And the prospect is enormous—by filtering millions of liters of water daily, providing essential habitats for marine species, and acting as natural coastal barriers against storms and erosion, these restored ecosystems would significantly enhance biodiversity and ocean health, bringing life back to our waters.

“Conservation is a rather young concept, and its genesis lies in a reaction to the observed loss of habitat. So, when we think about conservation, we tend to approach it with the intent of minimizing damage, and we rarely think about conservation as an opportunity for enhancing benefits. Restoration is an opportunity to enrich our environment and improve the health of systems in the region, with knock-on benefits to everyone who lives and works in the Pearl River Delta,” says Mike Sakas, producer and director of the film. “Oyster reefs fulfilled a fundamental role in both Hong Kong’s marine landscape and the city’s evolution, and yet today, they are virtually forgotten.”

“This film is not just about oysters—it is about rebalancing our relationship with the ocean,” Sakas continues. “Environmental restoration and human progress can coexist; they must coexist. We got here because of a rich environment, why would we think we could go forward without it? The good news is, in the case of our oyster reefs anyway, if we give them a chance, they have the potential to regenerate. With a nudge from us and a bit of care, these little creatures can get on with the work of restoring balance to marine environments and strengthening coastlines.”

But Sakas warns that action must be taken soon. “We are approaching the deadline for action. Without immediate restoration efforts, these ecosystems—and their immense environmental benefits—could be lost forever. Oysters certainly aren’t going to win mass adoption based on looks. But if we want to swim in clean water, take our kids fishing, and see more wildlife along the shores, then we need to get down to the business of caring for oysters. If we do, the natural features we love about Hong Kong will be even more magnificent. If we don’t, it will be our loss and our failure to future generations.”

TNC is honored to be featured in the documentary, contributing its expertise in marine conservation and restoration. Through its ongoing efforts, TNC strives to protect and restore oyster reefs as part of a broader mission to safeguard Hong Kong’s marine ecosystems for future generations.

The Asia premiere of City of Shells: Our Forgotten Oyster Reefs took place in Hong Kong on April 14, aiming to raise public awareness and increase support for oyster reefs as the Hong Kong government updates its Biodiversity Strategy Action Plan (BSAP) later this year. It was a wonderful evening celebrating the importance of oyster reefs.

In addition to the premiere, TNC, in collaboration with other featured organizations, including The Swire Institute of Marine Science (SWIMS) of The University of Hong Kong, and The Explorers Club HK, will host private screenings and public talks featuring the film’s scientists and conservationists. These events will provide insights into the ecological significance of oysters and discuss actionable solutions for protecting these vital habitats.

The full documentary is now available to the public online at www.cityofshells.com, inviting viewers in Hong Kong to learn more and take part in raising awareness for marine restoration.

This documentary was made possible through the support of Hermès Asia Pacific Limited and the dedicated efforts of numerous organizations, including The Nature Conservancy Hong Kong Foundation Limited, The Swire Institute of Marine Science, The University of Hong Kong, The Explorers Club Hong Kong, Streamline Media / TNC Australia, Airport Authority Hong Kong, Dr. Boze Hancock, Prof. Daniel Pauly, Deep Bay Oyster Cultivation Association, Edges Of Earth, Hong Kong Oyster Hatchery and Innovation Research Unit, Marine Ecology Enhancement Fund, Marine Futures Laboratory, Shelly McLeod, Charlie and Rex, Simon F.S. Li Marine Science Laboratory, The Chinese University of Hong Kong, South China Diving Club, Way Foong Charters, William Meacham, and William Sargent. Their collective contributions to research, restoration, and education continue to drive meaningful change in the conservation of oyster reefs.

For more information about the documentary or to learn how to support oyster reef restoration, visit www.cityofshells.com.

About Director Mike Sakas

Mike Sakas is a professional photographer and documentary maker who has devoted his career to documenting projects of social and environmental significance. His passion for adventure, conservation, and an insatiable curiosity underpins the narrative of City of Shells: our Forgotten Oyster Reefs and highlights the pressing issues facing our oyster reefs.

About The Nature Conservancy Hong Kong (TNC)

The Nature Conservancy (TNC) is the world’s leading international conservation non-profit organization dedicated to protecting natural places and preserving life on Earth for future generations since 1951. TNC follows a science-based conservation approach to create innovative solutions to global conservation challenges and enable nature and people to thrive together. We are currently addressing climate change at an unprecedented scale by protecting lands, waters, and oceans in sustainable ways, providing food and water resources, and helping cities become more sustainable.  Our projects span 81 countries and territories, using collaborative approaches with local communities, governments, private sector and others, to carry out various conservation projects and activities, including biodiversity conservation, forest conservation, marine conservation, climate change, and sustainable land use. TNC organizes various community projects and educational activities, aiming to promote public awareness and action towards environmental protection and sustainable development and to raise public awareness of natural environments and wildlife. TNC has been in Asia Pacific for almost 30 years with projects in Australia, China, Hong Kong (SAR), Indonesia, Mongolia, New Zealand, and the Pacific Islands. TNC was awarded the 2019 Lui Che Woo Prize – Prize for Sustainable Development. For more about TNC’s work, please visit: The Nature Conservancy (tnc.org.hk)

If you also care about environmental protection and wildlife conservation, please support TNC’s work, participate in our community projects and activities, and work together to protect the natural environment and wildlife, follow TNC Hong Kong’s social platforms for more environmental conservation information:

Facebook: TNC HK 大自然保護協會
Instagram: @tnc_hk 

About The Explorers Club Hong Kong

The Explorers Club is an international multidisciplinary professional society dedicated to the advancement of field research and the ideal that it is vital to preserve the instinct to explore. Since its inception in 1904, the Club has served as a meeting point and unifying force for explorers and scientists worldwide, and its members have been responsible for an illustrious series of famous firsts, including first to the North Pole, first to the South Pole, first to the summit of Mount Everest, first to the deepest point in the ocean, and first to the surface of the moon. The Explorers Club Hong Kong Chapter was established in 2013 to expand the Club’s mission in Asia, and to create a modern base of operations for staging more inclusive and innovating scientific expeditions in the region and beyond. Today the HK Chapter is home to over 60 of Hong Kong’s most intrepid explorers, conservationists and hardcore field scientists as well as Explorers Club members from all over the world who are drawn to its unique “Collaboration over Conquest” approach to exploration.

About The Swire Institute of Marine Science (The University of Hong Kong)

The Swire Institute of Marine Science (SWIMS) is one of the world’s leading marine research institutions. The research of SWIMS’ scientists is focused on the interaction of humanity and the ocean – SWIMS specialises in the study of coastal ecosystems, the shallow seas that hundreds of millions of people depend on for their livelihood. Using leading technology and novel, interdisciplinary methods, SWIMS studies the impact of human actions, such as climate change and pollution, on marine ecosystems and biodiversity, providing science-based solutions to conservation, restoration, and sustainable management of marine resources. Hong Kong’s maritime traditions and marine biodiversity are SWIMS’ local roots, but the impact is global. Since its foundation in 1990, SWIMS has trained hundreds of scientists from over 30 countries, who have gone on to play leading roles in marine research and conservation.

For photos download, please visit: LINK

Seven Dead, 53 Injured in Bus Crash in Prachinburi, Thailand

Seven Dead, 53 Injured in Bus Crash in Prachinburi, Thailand
Authorities extinguish the flame that previously engulfed the bus (photo credit: Facebook)

A bus crash in Thailand’s Prachinburi Province on 21 April claimed seven lives and injured 53 others. The double-decker bus, carrying 60 passengers, collided with a trailer around 1:30 am. Among the fatalities were both the main driver and the relief driver.

Toshiba Adds 24TB Capacity to N300 and N300 Pro Internal Hard Disk Drive Series

TAIPEI , April 23, 2025 /PRNewswire/ — Toshiba Electronic Components Taiwan Corporation (Toshiba) has announced the addition of new 24TB[1] models to both its N300 and N300 Pro Series of internal hard disk drives (HDD). The new models offer 2TB more capacity than current 22TB versions, making them ideal for increasing the capacity of network attached storage (NAS) and private cloud storage. They are designed for 24/7 operation, feature industry-standard 3.5-inch[2] 7200rpm, 1 GiB[3] buffer, and include integrated sensors to compensate for rotational vibrations.

The N300 Series has a workload rating of up to 180TB/year[4] with support for up to 12 drive bays[5], while the N300 Pro Series boasts a workload rating of up to 550TB/year with support for up to 24 drive bays.

Toshiba Adds 24TB Capacity to N300 and N300 Pro Internal Hard Disk Drive Series
Toshiba Adds 24TB Capacity to N300 and N300 Pro Internal Hard Disk Drive Series

“Toshiba’s 24TB N300 and N300 Pro set new benchmarks in storage capacity and density, while also enhancing power efficiency through our advanced helium-sealed design,” says Noriaki Katakura, Division President, Storage Products Division, Toshiba Electronics Components Taiwan Corporation. “These models reflect Toshiba’s dedication to innovating HDD design to address the evolving storage demands for performance and small office NAS applications. With files continuing to grow in sizes, the 24TB capacity will allow NAS users to store and access large volumes of data more efficiently.”

The 24TB N300 and N300 Pro models started to ship this month.

For more information on the new products, please visit:
https://toshiba.semicon-storage.com/ap-en/storage/product/internal-specialty/nas.html

For more information on Toshiba’s full line of HDD storage products, please visit:
https://toshiba.semicon-storage.com/ap-en/product/storage-products.html

To receive more about our storage solutions, please follow @ToshibaStorage.Asia on Instagram.

###

[1]Definition of capacity: Toshiba defines a megabyte (MB) as 1 000 000 bytes, a gigabyte (GB) as 1 000 000 000 bytes and a terabyte (TB) as 1 000 000 000 000 bytes. A computer operating system, however, reports storage capacity using powers of two for the definition of 1GB = 230 = 1 073 741 824 bytes and therefore shows less storage capacity. Available storage capacity (including examples of various media files) will vary based on file size, formatting, settings, software and operating system, such as Microsoft Operating System and/or pre-installed software applications, or media content. Actual formatted capacity may vary.

[2]”3.5-inch” means the form factor of Hard Drives. They do not indicate drive’s physical size.

[3] 1 GiB = 1 073 741 824 B

[4]Workload is a measure of the data throughout of the year, and it is defined as the amount of data written, read or verified by commands from the host system.

[5]As for “Drive Bays Supported”, please contact your solutions provider because the compatibility with the host device will vary based on the RAID system.


* Information in this document, including product prices and specifications, content of services and contact information, is current and believed to be accurate as of the date of the announcement, but is subject to change without prior notice.

*Company names, product names, and service names may be trademarks of their respective companies.

About Toshiba Electronic Components Taiwan Corporation (TET)
Toshiba Electronic Components Taiwan Corporation is responsible for the sales and marketing promotion and support of Toshiba hard disk drives and Toshiba External HDDs in Taiwan, China and Southeast Asian countries. TET is the best partner to Enterprise server, storage and notebook computers, and its mission is to offer the best service and products embodying the highest quality and most leading-edge technology. For more information, visit us at:
http://toshiba.semicon-storage.com/ap-en/product/storage-products.html

About Toshiba Electronics Asia (Singapore)
Toshiba Electronics Asia (Singapore) (“TEA”) is under Toshiba Electronic Devices & Storage Corporation, a subsidiary of Toshiba Corporation. TEA was founded in 1990, and is responsible for the sales, marketing and services for Toshiba’s wide range of storage solutions in Asia Pacific, which includes the Canvio Portable External Hard Drives and Internal Hard Drives. TEA is the best partner to consumers and enterprises, and its mission is to offer the best services and products that embody the highest quality and cutting-edge technology. To find out more about TEA, visit:
https://toshiba.semicon-storage.com/ap-en/storage.html 

Asian Scam Center Crime Gangs Expanding Worldwide, UN Reports

Hundreds of Chinese online scammers were deported from Laos at the Boten-Bohan border crossing in Luang Namtha Province on 23 June. (Photo: Lao Security News)

AFP – Asian crime networks running multi-billion-dollar cyber scam centers are expanding their operations across the world as they seek new victims and new ways to launder money, the United Nations said on 21 April.

Chinese and Southeast Asian gangs are raking in tens of billions of dollars a year targeting victims through investment, cryptocurrency, romance and other scams, using an army of workers often trafficked and forced to toil in squalid compounds.

The activity has largely been focused in Myanmar’s border areas and “special economic zones” set up in Cambodia and Laos.

But a new report from the UN Office on Drugs and Crime (UNODC) warned the networks are building up operations in South America, Africa, the Middle East, Europe and some Pacific islands.

“We are seeing a global expansion of East and Southeast Asian organized crime groups,” said Benedikt Hofmann, UNODC Acting Regional Representative for Southeast Asia and the Pacific.

“This reflects both a natural expansion as the industry grows and seeks new ways and places to do business, but also a hedging against future risks should disruption continue and intensify in Southeast Asia.”

Countries in east and southeast Asia lost an estimated USD 37 billion to cyber fraud in 2023, the UNODC report said, adding that “much larger estimated losses” were reported around the world.

The syndicates have expanded in Africa — notably in Zambia, Angola and Namibia — as well as Pacific islands such as Fiji, Palau, Tonga and Vanuatu.

Laundering Through Crypto

Besides seeking new bases and new victims, the criminal gangs are broadening their horizons to help launder their illicit income, the report said, pointing to team-ups with “South American drug cartels, the Italian mafia, and Irish mob, among many others”.

Illicit cryptocurrency mining — unregulated and anonymous — has become a “powerful tool” for the networks to launder money, the report said.

In June 2023 a sophisticated crypto mining operation in a militia-controlled territory in Libya, equipped with high-powered computers and high-voltage cooling units, was raided and 50 Chinese nationals arrested.

The global spread of the syndicates’ operations has been driven in part by pressure from authorities in Southeast Asia.

A major crackdown on scam centers in Myanmar this year, pushed by Beijing, led to around 7,000 workers from at least two dozen countries being freed.

But the UN report warns that while such efforts disrupt the scam gangs’ immediate activities, they have shown themselves able to adapt and relocate swiftly.

“It spreads like a cancer,” UNODC’s Hoffman said.

“Authorities treat it in one area, but the roots never disappear, they simply migrate.”

Alongside the scam centers, staffed by a workforce estimated by the UN to be in the hundreds of thousands, the industry is further enabled by new technological developments.

Operators have developed their own online ecosystems with payment applications, encrypted messaging platforms and cryptocurrencies, to get round mainstream platforms that might be targeted by law enforcement.


© Agence France-Presse

Trinasolar Unveils High-Power i-TOPCon Ultra Modules at Korea’s Green Energy Expo

DAEGU, South Korea, April 22, 2025 /PRNewswire/ — Trinasolar, a global leader in smart PV and energy storage solutions, unveiled its revolutionary i‑TOPCon Ultra technology at Korea’s Green Energy Expo in Daegu. This next-generation solar solution pushes the boundaries of efficiency and reliability, achieving a record laboratory cell efficiency of 26.58%. This marks the first time the cell 26.5% efficiency threshold has been surpassed TOPCon history, breaking the seven-year record previously held by Germany’s Fraunhofer Institute.

Trinasolar Unveils High-Power i-TOPCon Ultra Modules at Korea’s Green Energy Expo
Trinasolar Unveils High-Power i-TOPCon Ultra Modules at Korea’s Green Energy Expo

Technological Superiority Designed for Optimal LCOE

The i‑TOPCon Ultra technology represents a significant evolution in photovoltaic design. By integrating double-sided full passivation, mitigating optical parasitic absorption, and utilizing ultra‑thin busbar technology, the new modules boost cell efficiency by up to 1%, with enhanced module power output of up to 40W. For example, the Vertex N medium-size bifacial dual glass module for commercial and industrial applications (NEG19RC.20) will boast remarkable efficiency of 23.9% and maximum power output of 645W. The larger-sized bifacial dual glass module for utility applications (NEG21C.20) offers an output of 740W and efficiency of 23.8%.

Tailored for the Korean Market

Korea’s diverse and challenging weather conditions demand robust and high‑performance solar technology. Trinasolar’s modules undergo rigorous testing with global institutes like TÜV Rheinland. This includes extreme temperatures (as low as –43°C), 35mm hail impact, hurricane (wind tunnel) tests, and in high‑salt marine environments. This resilience ensures that Trinasolar’s modules can deliver consistent, long‑term energy yields while reducing the lifetime operational expenses for local projects.

Li Na, General Manager for Korea at Trinasolar Asia Pacific said, “As Korea drives toward its renewable energy goals of 20% by renewable energy share by 2030, Trinasolar will continue to bring the latest in technological advancements to empower the nation’s energy future. As we enter the era of tandem cells, the synergy of TOPCon and perovskite tandem technology will be a powerful force, ensuring that TOPCon maintains its dominant position as a mainstream technology. With our latest Ultra modules, Trinasolar reaffirms its commitment to supporting Korea’s sustainable energy transformation with high efficiency and high-powered modules specifically engineered to meet the rigorous demands of the Korean market.”

Besides its state-of-the-art modules, Trinasolar will also be showcasing its latest Elementa 2 Pro 5MWh battery energy storage solution, also for the first time in Korea. The Elementa 2 Pro builds on the success of Elementa 2, offering even greater efficiency, flexibility, and safety. The Elementa 2 Pro features Trina’s self-developed 314Ah high-performance Trina Cell, supporting 15,000 cycles (up from 12,000 cycles offered in Elementa 2) to significantly extend system lifespan and reduce lifecycle costs, ensuring a higher return on investment for users. It offers enhanced advanced cooling technology, incorporating an intelligent hybrid air-liquid cooling system.

Visit Trinasolar at Booth E300 to explore how we are empowering Korea’s renewable energy transition as the industry’s only total solutions provider. From industry-leading n-type i-TOPCon modules to advanced energy storage solutions, Trinasolar delivers market-leading technologies designed to optimize LCOE for projects of all scales.

Thunes Expands Direct Global Network with Business Payments Solution

Thunes to provide its Members faster, transparent international business payments, with access to local ACH in over 50 countries and USD wire transfers to over 170 countries.

SINGAPORE, April 22, 2025 /PRNewswire/ — Thunes, the Smart Superhighway to move money around the world, announces the launch of Thunes Business Payments, a next-generation solution designed to transform cross-border payment experiences for Members of Thunes’ Direct Global Network, including enterprises, merchants, as well as neo-banks, traditional banks and mobile wallets serving businesses worldwide. With Thunes’ cutting-edge API, Members have a streamlined, transparent, and cost-efficient way to process international business payments, bypassing the complexities of legacy systems while unlocking unprecedented flexibility and speed.

With this launch Thunes enables faster business payments in over 30 currencies including USD, EUR and CNY, and more than 50 countries including key markets such as Brazil, Canada, Mainland China, Europe, Hong Kong, India, Mexico, Singapore, and the UK. The solution empowers businesses to pay suppliers in their local currencies, reducing exchange rate and reconciliation costs, with full transparency on the payment reference. In addition, businesses will be able to process USD payouts to over 170 countries.

The solution’s value also lies in the Thunes’ SmartX Treasury System that enhances FX and transaction transparency as well as liquidity management by offering real-time visibility into fund locations and the exact amount to be delivered to the recipient. In addition, businesses, neo-banks, banks and wallets can benefit from stablecoin USDC funding capabilities in real-time, 24/7.

Members of the Thunes’ Direct Global Network using Thunes Business Payments will benefit from a number of key enhancements to traditional business-to-business transactions, including:

  • Faster business cross-border payments;
  • Transparent and guaranteed pricing, with enriched payment details;
  • Trackable local currency and USD payouts;
  • Single integration to Thunes’ API, eliminating the need to build a correspondent banking network; and
  • Unparalleled ease of use and flexibility.

Thunes Business Payments is underpinned by Thunes’ Fortress Compliance Platform, which ensures compliance with local regulations for seamless, secure transactions while providing real-time visibility and protection.

The launch of Thunes Business Payments comes at a time of significant growth for the global B2B payments market, which accounted for $150 trillion in 2024.

Chloé Mayenobe, President and Chief Operating Officer at Thunes, said, “Thunes Business Payments is a purpose-built solution that empowers banks, wallets, fintechs, enterprises, and merchants to meet evolving customer needs and unlock new growth. With access to local ACH in over 50 countries, Thunes Business Payments sets a new benchmark for speed, transparency, and affordability, reducing friction in cross-border transactions, streamlining operations, and ensuring predictable costs. The market opportunity for Thunes Business Payments is immense, driven by rising demand from Members of our Direct Global Network for faster, more transparent, and cost-effective business transactions.”

To find out more about Thunes Business Payments, please visit: https://www.thunes.com/products/enable-business-payments/