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Fox ESS Unveils Power Beast at Its First C&I New Product Launch Event

WENZHOU, China, Sept. 23, 2026 /PRNewswire/ — Fox ESS, a global leader in renewable energy solutions, has unveiled Power Beast at its 2026 Fox ESS New Product Launch Event on Sept 21, marking a new step for advanced commercial and industrial (C&I) energy storage systems. The first large-scale product launch for Fox ESS in APAC was held in an open-air setting in Wenzhou, with more than 200 customers attending from around the world.

Fox ESS New Product Launch 2026
Fox ESS New Product Launch 2026

Power Beast is designed as a game-changing C&I energy storage system. It comprises the 125 kW H3 Plus hybrid inverter and the high-voltage CQ series batteries. Notably, the CQ20 stands out as the industry’s first modular C&I energy storage system with a fully integrated hybrid inverter, enabling flexible, all-in-one deployment.

Michael Zhu, CEO of Fox ESS, said: “Today, we are not only launching a product, we are demonstrating our capability as an integrated energy storage provider. Power Beast reflects our commitment to global clients by delivering higher efficiency, lighter weight, and smarter energy management.”

Lyren Liu, CCO of Fox ESS, shared insights on market growth and his perspective on battery storage during the presentation. To help the audience better understand the product, Liu pulled back a black curtain on stage to reveal a Cybertruck filled with CQ batteries. He then invited the installation team to begin a live build, with a timer displayed on the main screen.

As the demonstration started, the team assembled battery packs for 8 modules of CQ20, 12 modules of CQ7 and 12 modules of CQ6, totalling 316 kWh. The complete system was then connected to the charging piles, diesel generator, and motor. The entire live demonstration was successfully completed in under 30 minutes.

Key strengths about Power Beast:

Flexible to scale

Power Beast is built for modular expansion. With one H3 Plus inverter, the system can cover capacities from 28 kWh to nearly 1,000 kWh. It is also suitable for multiple deployment scenarios, including rooftop, outdoor and indoor applications.

In grid-connected mode, Power Beast supports up to 100 units in parallel, delivering a total capacity of up to 96 MWh. In off-grid mode, it supports up to 30 units in parallel, reaching 28.8 MWh.

Simple to deploy

Ease of installation is a core part of Power Beast’s key strengths. Its modular design is intended to improve deployment efficiency and adapt to challenging or irregular environments. The total installation time can be reduced by 90 per cent.

Powerful by design

Power Beast is designed to integrate flexibly with multiple energy sources and loads. The CQ20 series batteries achieve a unit energy weight of 7 kg per kWh, supporting a lighter system footprint while maintaining energy output.

Additionally, safety is addressed through a five-layer end-to-end approach, covering cell-level protection, electrical and structural design, active detection and emergency response.

Smart management

Power Beast connects to FoxCloud 2.0, Fox ESS’s proprietary smart energy management platform. It provides real-time monitoring, scheduling across up to 96 time slots, clear visibility of energy flows and performance analysis, enabling one-stop smart energy management.

Fox ESS also introduced its AI agent, Maimai, to provide detailed product, installation and usage information at any time. Using large-model conversational capabilities, it can understand user needs through natural dialogue and generate optimised energy strategies based on historical consumption patterns and real-time dynamic electricity prices.

“We believe a great product speaks louder than marketing. That is why we aim to make our products the best kind of promotion, by delivering real value every single day,” Michael Zhu said.

Laos, China Launch Digital Payment Link For Cross-Border Transactions

A picture used for illustration purposes only.

Laos and China have launched a new digital payment link that allows Chinese visitors to pay Lao businesses using China’s digital yuan, without needing to exchange cash into Lao kip.

The system connects China’s digital yuan, known as e-CNY, with Laos’ domestic QR payment network. A Chinese visitor can now open their e-CNY wallet, scan a participating Lao merchant’s QR code, and make a payment from their phone.

The Lao merchant receives the payment through the Lao payment system, while the transaction is processed between the two countries’ financial networks.

The Bank of the Lao PDR announced the launch on 18 September in Guangxi, China, during the 2026 China-ASEAN Financial Cooperation and Development Conference.

Convenience

For Chinese travelers, the main change is convenience. They can use e-CNY to make payments at participating Lao businesses by scanning Lao QR codes, rather than carrying large amounts of cash or first exchanging money into Lao kip.

The system does not mean Lao businesses are suddenly accepting physical Chinese yuan. The payment is digital and moves through the linked payment networks.

The first phase is available through 17 payment service providers connected to the Lao National Payment Network (LAPNet), Laos’ national payment network, including Lao banks and payment platforms.

Not every business in Laos will necessarily accept e-CNY. The service depends on the merchant being connected to a participating payment provider.

e-CNY is China’s digital yuan. It is issued by China’s central bank and used through digital wallets rather than physical banknotes.

Businesses and Investors

The countries are also testing a separate system called the Cross-border e-CNY Transfer System (CBETS) for larger payments between businesses and financial institutions.

This is different from the QR payment system used by tourists.

CBETS is intended for transactions such as trade settlement, investment, and financing. Some Lao banks have already connected to the system.

The Bank of the Lao PDR said CBETS could simplify some procedures involved in traditional cross-border transfers while improving transaction tracking and transparency.

Regional QR Payment Expansion

Laos has already been expanding cross-border QR payments with neighboring countries.

QR payment links with Thailand, Vietnam, and Cambodia allow participating travelers to make payments through their banking apps when visiting each country.

The China connection adds another major market to Laos’ growing cross-border digital payment network.

The new system builds on earlier Laos-China payment cooperation, including a test-QR-payment transaction completed in Laos by the Bank of China Vientiane branch in late 2025.

With the latest move, Chinese tourists can now use China’s digital yuan on their phones to pay participating Lao businesses through Lao QR codes, while a separate system is being developed to make larger China-Laos business payments easier.

2026 World Manufacturing Convention: From Product Displays to Integrated Manufacturing Ecosystems

More than 900 companies and 10,000-plus exhibits bring China’s smart manufacturing value chains to life

HEFEI, China, Sept. 23, 2026 /PRNewswire/ — The 2026 World Manufacturing Convention opened Sept. 20 at the Hefei Binhu International Convention and Exhibition Center, where a humanoid robot landed a pitch-pot throw, an inspection robot patrolled and an electric cargo drone demonstrated vertical takeoff and landing at Luogang Park.

2026 World Manufacturing Convention Exhibition Hall
2026 World Manufacturing Convention Exhibition Hall

Running through Sept. 23 under the theme “Intelligent Manufacturing for a Better Future,” the 70,000-square-meter convention allocates 20,000 square meters to manufacturing innovation and achievements and 50,000 to commercial exhibits. More than 900 companies present 10,000-plus products and technologies.

Organizers structured the exhibition around manufacturing value chains.

In the smart mining equipment area, a three-dimensional cutaway model showcases Huainan’s mining robotics cluster, anchored by T.SPEC and Tangxing Technology. It recreates the workflow from underground roadway development to shaft hoisting and demonstrates eight core applications, including excavation and roof support, roadway tunneling, materials and pipe handling, hydraulic-support transport, shaft-rope replacement and coal-bunker cleaning, with every equipment model shown in operation.

The manufacturing innovation and achievements pavilion features a 180-qubit superconducting quantum processor; BEST, the Burning Plasma Experimental Superconducting Tokamak, or “artificial sun,” being developed as a pathway toward fusion energy; the Lingjing Zaowu AI research platform from the Scientific Intelligence Materials Creation Center; solid-state transformers; and a ground-based planetary-environment simulation facility. Bringing together quantum technologies, hydrogen and fusion energy, brain-computer interfaces, embodied AI, 6G and advanced materials—all requiring sustained R&D—the pavilion reflects manufacturing’s shift from scale-driven expansion to innovation-led growth.

The exhibits move beyond products to present interconnected manufacturing ecosystems.

The smart and connected vehicle area spans finished vehicles, EV batteries, automotive semiconductors and by-wire chassis systems. The next-generation information technology and clean-energy zone covers power infrastructure for AI, computing capacity, human-machine interfaces and AI-enabled applications. Biomanufacturing exhibits trace development from gene editing, cell-factory R&D and pilot-scale optimization to intelligent high-volume production and commercial deployment.

Guest province Sichuan is highlighting regional manufacturing collaboration under the theme “Smart Manufacturing in Tianfu, Connected to Global Value Chains.” The international zone features multinationals, including Continental Tires and Corning Display Technologies, and China-based joint ventures. The United Kingdom is the first country to return as guest country of honor.

In the technology-enabled senior care area, Anhui Longchuang Intelligent Technology demonstrated millimeter-wave radar that detects falls and alerts family members and nearby care or emergency teams without a call for help. In bedrooms, an alert delay of about one minute prevents ordinary movements, including bending or squatting, from generating false alarms. The company’s smart-space management platform serves more than 50,000 senior care facilities and homes.

From components to advanced equipment, the convention tracks China’s transition from “Made in China” to “Smart Manufacturing in China.” In the first seven months of 2026, Anhui produced 2.0158 million vehicles, including 1.0903 million electric vehicles, and exported 1.227 million, ranking among China’s leaders across several measures. The figures offer evidence of the transformation underway.

A New Regional Healthcare Experience Begins in Cambodia, Connecting Families to Care Beyond Borders

PHNOM PENH, Cambodia, Sept. 23, 2026 /PRNewswire/ — Maybank (Cambodia) Plc., in collaboration with Malaysia Healthcare Travel Council (MHTC), will host MH WellFest Cambodia 2026 on 3 and 4 October 2026 at Borey Peng Huoth Eco Park in Phnom Penh. Endorsed by the Embassy of Malaysia in Phnom Penh, the event will bring together 14 MHTC member hospitals, allowing visitors to meet hospital representatives, explore specialist expertise and healthcare options, and better understand how to navigate cross-border care, alongside financial solutions and family-focused experiences.

MH WellFest Cambodia 2026 — Connecting Communities for Better Well-being.
MH WellFest Cambodia 2026 — Connecting Communities for Better Well-being.

MH WellFest Cambodia 2026 is designed around a simple belief: when families think about their future, health, financial readiness and meaningful time together are closely connected. The event will provide Cambodian families and Maybank customers with an opportunity to explore healthcare facilities offered by MHTC member hospitals, specialist capabilities, preventive-health options, health check-up plans, treatment pathways and medical-travel arrangements, and better understand the support available throughout a cross-border healthcare journey. The Wellness Discovery Hub will also feature health talks and personal consultations with Malaysian specialists, available by appointment, helping families make more informed choices for themselves and their loved ones.

“MH WellFest Cambodia 2026 reflects Maybank’s commitment to being present in the moments that matter most to families,” said Rath Sophoan, CEO and Country Head, Maybank Cambodia. “Health decisions are deeply personal, but they are also connected to family security, financial preparedness and the future people want to build together. This event brings trusted healthcare expertise, practical financial solutions and family experiences into one platform, demonstrating what Beyond Banking means in practice.”

MHTC, operating under the purview of Malaysia’s Ministry of Health, leads the development and promotion of Malaysia’s medical tourism ecosystem.

“MHTC is pleased to collaborate with Maybank Cambodia to bring the Malaysia Healthcare experience closer to Cambodian visitors,” said Dato’ Suriaghandi Suppiah, Chief Executive Officer, Malaysia Healthcare Travel Council. “Malaysia offers a strong healthcare ecosystem supported by specialist expertise, quality care, accessible healthcare options and a patient experience shaped by our culture of hospitality. This is at the heart of Malaysia Year of Medical Tourism 2026 (MYMT2026): Healing Meets Hospitality, which recognises that the healthcare experience extends beyond treatment to the care, comfort and support surrounding the patient journey. MH WellFest Cambodia 2026 allows visitors to discover these strengths directly, meet our healthcare providers and gain greater clarity and confidence in navigating their healthcare journey across borders.”

Beyond healthcare discovery, WellFest Live will create a welcoming family environment through children’s activities, family games, live performances, Malaysian food, lifestyle experiences, travel inspiration and partner showcases. The WellFest Run, featuring 5KM and 10KM routes under the theme “Every Step for You,” will bring individuals, families and communities together around active living, reflecting the broader Healing Meets Hospitality proposition behind Malaysia Year of Medical Tourism 2026.

Maybank’s engagement will extend the healthcare conversation into broader family wealth and protection planning. Visitors can explore Maybank Cards and other cross-border payment solutions, EzyPay instalment options, insurance and financing propositions that can support healthcare planning, treatment, travel and longer-term family aspirations.

Maybank Cardmembers can also access selected hospital, spa, clinic, dining, retail and lifestyle privileges, enabling a more seamless experience for families travelling to Malaysia for care, recovery or time together.

With Peng Huoth as partner and host community, MH WellFest Cambodia 2026 will bring Malaysia Healthcare, confidence and family experiences together in one setting, helping Cambodian families explore care beyond borders with greater clarity and confidence. Cambodian visitors, Maybank customers and members of the community are invited to attend MH WellFest Cambodia 2026 on 3 and 4 October at Borey Peng Huoth Eco Park. Visitors can meet Malaysian healthcare teams, explore healthcare options in Malaysia, learn more about specialist care and treatment pathways, and experience the broader Healing Meets Hospitality proposition through a weekend of wellbeing, lifestyle and community activities.

For media inquiries and further information, please contact:

Muhammad Rasydan Bin Ma’at
Head of Unit, PR and Media Unit
Communications
+603 8776 6168
rasydan.m@mhtc.org.my

Qazreen Chan Abdullah
Chief Operating Officer
+855 16 201 234
qazreen@maybank.com

Mohamad Shahizam Fauzi
Head, Communications
+603 8776 6168
shahizam.f@mhtc.org.my

Mer Chanpolydet
Head, Marketing & Branding
+855 17 324 727
chanpolydet.mer@maybank.com

About Maybank Cambodia

Established in 1960, Maybank is the largest financial services group in Malaysia with a strong presence across the ASEAN region. Maybank Cambodia, founded in Phnom Penh in 1993, has grown from a single branch to become a locally incorporated bank in 2012. As one of Cambodia’s top banks, Maybank offers a comprehensive range of financial services, including corporate, commercial, consumer, internet, and mobile banking. The bank operates in Phnom Penh and major provinces with a network of 21 branches. 

Maybank’s website: https://www.maybank2u.com.kh/

About Malaysia Healthcare Travel Council

Malaysia Healthcare Travel Council (MHTC), established in 2009 under the purview of the Ministry of Health (MOH) Malaysia, is entrusted with developing and nurturing the “Malaysia Healthcare” brand. MHTC enhances, coordinates, and promotes Malaysia’s healthcare travel industry by fostering industry collaborations and building valuable public-private partnerships both domestically and internationally. With 91 member hospitals nationwide, MHTC continues to elevate the healthcare travel ecosystem through strong branding, seamless patient experiences, and strategic market initiatives. In line with these efforts, MHTC is spearheading the Malaysia Year of Medical Tourism (MYMT) 2026, the nation’s first dedicated year to celebrate and advance healthcare travel. MYMT 2026 serves as a milestone initiative to showcase Malaysia’s world-class healthcare offerings, strengthen its position as the premier global healthcare destination, and highlight the industry’s significant contribution to the national economy. 

MHTC’s website: https://www.malaysiahealthcare.org.

A Full Moon for Every Child: STARTRADER’s STARCARES Brings Support to SOS Children’s Village Ho Chi Minh City

The Mid-Autumn initiative delivered gift sets, household essentials and direct financial support to 213 people at the village in Go Vap.

HO CHI MINH CITY, Vietnam, Sept. 23, 2026 /PRNewswire/ — STARCARES, the corporate social responsibility programme of global multi-asset broker STARTRADER, hosted “A Full Moon for Every Child,” a Mid-Autumn Festival celebration at SOS Children’s Village Ho Chi Minh City in Go Vap. The on-site festival for the 60 children at the village was paired with essential supplies and cash support reaching 213 people, including house mothers and staff.


A Full Moon for Every Child: STARTRADER’s STARCARES Brings Support to SOS Children’s Village Ho Chi Minh City

Every child received a gift set containing a lantern, cookies, a water bottle, a milk pack and a colouring kit. Hygiene, cleaning and pantry supplies were delivered to the village houses, alongside financial support for operating costs.

The village provides long-term, family-based care and education for approximately 160 children, from infants through university students, who have lost or are at risk of losing parental care. Since 2023, cuts to international aid have pressured operations, with remaining funding committed only through 2026. Contributions support tuition, caregiver salaries and the infrastructure that keeps these families together.

SOS Children’s Village plans care in years, not one-off gestures. STARCARES is built the same way, favouring recurring commitments under its Child Welfare & Community Aid pillar.

“The village was already doing the hard part long before we arrived. Our job is to make the practical side steadier, so the people raising these children can plan instead of improvise.” – Peter Karsten, CEO, STARTRADER.

“Support like this reaches our children in two ways. The essentials and funding ease real pressure on our households, and the celebration itself tells every child here that they are seen and thought of. That matters as much as anything we can put on a shelf.” – Mr. Hoang Long, Director, SOS Children’s Village Ho Chi Minh City.

STARCARES intends to extend this work across communities where STARTRADER operates.

About STARTRADER

STARTRADER is a global multi-asset broker empowering retail and institutional partners to access global markets through a range of platforms, including MetaTrader, STARTRADER APP, and STAR Copy. Regulated in five jurisdictions (CMA, ASIC, FSCA, FSA, and FSC), STARTRADER combines strong governance with a client-first approach, serving both retail clients and partners with a commitment to transparency, reliability, and long-term growth.

 

 

A Full Moon for Every Child: STARTRADER's STARCARES Brings Support to SOS Children's Village Ho Chi Minh City
A Full Moon for Every Child: STARTRADER’s STARCARES Brings Support to SOS Children’s Village Ho Chi Minh City

A Full Moon for Every Child: STARTRADER's STARCARES Brings Support to SOS Children's Village Ho Chi Minh City
A Full Moon for Every Child: STARTRADER’s STARCARES Brings Support to SOS Children’s Village Ho Chi Minh City

A Full Moon for Every Child: STARTRADER's STARCARES Brings Support to SOS Children's Village Ho Chi Minh City
A Full Moon for Every Child: STARTRADER’s STARCARES Brings Support to SOS Children’s Village Ho Chi Minh City

CJ 4DPLEX EXPANDS SCREENX PRESENCE IN EUROPE THROUGH NEW AGREEMENT WITH PATHÉ CINÉMAS

Partnership marks a major SCREENX milestone with one of Europe’s most prominent cinema exhibitors

BURBANK, Calif., Sept. 23, 2026 /PRNewswire/ — CJ 4DPLEX, the world’s leading producer of premium cinema formats and immersive theater experiences, and Pathé Cinémas, one of Europe’s leading cinema operators, today announced a new agreement to bring four new SCREENX auditoriums to France, Belgium, and the Netherlands. Two locations in Belgium, one in France and one in the Netherlands are set to open by the end of 2026.

The agreement builds on a longstanding relationship between CJ 4DPLEX and Pathé Cinémas. What began with the introduction of multisensory 4DX to European audiences evolved to include the launch of SCREENX at Pathé La Villette in Paris in 2018. Adding four new SCREENX locations across France, Belgium, and the Netherlands represents the next phase of that partnership and reflects both companies’ ongoing commitment to premium cinema experiences in Europe.

Pathé Cinémas is one of Europe’s most notable cinema exhibition companies. The company has played a defining role in shaping modern moviegoing in France, with operations also spanning Belgium, the Netherlands, Switzerland, Tunisia, Côte d’Ivoire, Senegal, and Morocco. Pathé Cinémas remains a central force in European film production and distribution through its broader entertainment business.

SCREENX transforms the moviegoing experience with its revolutionary format, which seamlessly extends the picture beyond the front screen and onto the auditorium’s surrounding walls on the left and right sides. Delivering this premium 270-degree panoramic display enhances key scenes with exclusive visual elements and fully immerses audiences in a one-of-a-kind cinematic adventure.

“Europe is one of SCREENX’s most dynamic and strategically important markets, and this expanded agreement with Pathé Cinémas represents another significant milestone in our growth,” said Don Savant, Chief Business Officer, CJ 4DPLEX. “Pathé is one of Europe’s most respected and innovative cinema exhibitors, and we are proud to deepen our longstanding partnership across France, Belgium, and the Netherlands. Together, we look forward to bringing the uniquely immersive SCREENX experience to more moviegoers and creating new opportunities to expand our partnership throughout Europe.”

“Our relationship with CJ 4DPLEX has been built on a shared belief in the power of premium cinema, and this expansion deal follows naturally from that foundation,” said Laure de Boissard, Managing Director of Pathé Cinemas. “Bringing SCREENX to additional markets across Europe is an exciting step, and we look forward to offering our guests a premium experience that goes beyond the traditional screen.”

Together, the four auditoriums will further establish SCREENX’s presence across three of Europe’s most active cinema markets.

About Pathé Cinémas
Pathé is the leading cinema operator in France, the Netherlands, and Switzerland, and also operates in Belgium, Tunisia, Côte d’Ivoire, Senegal, and Morocco. Pathé operates 129 cinemas with a total of 1,308 screens. Its strategy of moving upmarket and modernizing its cinemas is driven by an active policy of building, rebuilding, and renovating; continuous innovation featuring the best technologies; unique, tailored services; and an optimized moviegoer experience, both in-cinema and online.

About CJ 4DPLEX
CJ 4DPLEX is a proud subsidiary of CJ Group, Korea’s leading lifestyle and culture company. Headquartered in Sangam, Seoul, we design and develop immersive cinema technologies that inspire audiences worldwide. Guided by creativity, technology, and cultural vision, we are committed to redefining the future of cinema starting right here in Korea.

CJ 4DPLEX is redefining the moviegoing experience across many countries worldwide, working with the world’s top exhibitors to deliver SCREENX, 4DX and ULTRA 4DX to audiences everywhere. From the United States to Europe, Asia, and the Middle East, our global presence keeps growing driven by our mission to make immersive storytelling the standard in cinema. Innovation drives us to connect people beyond language and borders through shared experiences.

About SCREENX
SCREENX is the world’s most immersive platform, breaking free from the boundaries of a single screen to place audiences at the heart of the story. With visuals flowing seamlessly across the walls, SCREENX connects film and space, creating moments of true natural immersion. Every sequence is curated to reflect the director’s vision, turning each film into a journey only SCREENX can deliver.

About 4DX
4DX provides the best synesthetic viewing experience that connects the audience with movies through its state-of-the art motion-seats and 21 environmental effects that include water, wind and scents. The 4DX theater is a special theater where you can feel various environmental effects such as wind, light, fog, fragrance, and vibration, as well as motion chairs that move according to the scene of the movie. Audiences can feel a new level of 4DX effect that maximizes vividness in each scene beyond simply watching movies with limitations of existing video and sound.

Streem Welcomes Back Tess Fezzuoglio as Commercial Director to Lead Next Phase of Growth

SYDNEY, Sept. 23, 2026 /PRNewswire/ — Streem is pleased to announce the return of Tess Fezzuoglio, who rejoins the business as Commercial Director to lead the next phase of commercial growth.

Tess Fezzuoglio in Streem HQ
Tess Fezzuoglio in Streem HQ

Having previously been part of Streem’s early growth from 2020 to 2022, Fezzuoglio returns to Streem armed with international experience, a fresh perspective and a deep understanding of the industry to continue Streem’s expansion.

Tess brings over 11 years of experience in the media intelligence industry, having spent the last 4 years in London at Onclusive, leading Northern Europe’s commercial arm.

In her new role, Fezzuoglio will oversee Streem’s commercial operations and client strategy, continuing to drive expansion across corporate, government, and agency sectors in Australia and New Zealand.

“I’m incredibly excited to be coming back to Streem. Having spent the last few years on the other side of the world, working across the UK and Europe, I can honestly say it has only reinforced how special Streem is. The product truly is the best in the market, and seeing the landscape from the outside has given me an even greater appreciation for what Streem has built, and excited for what’s to come for our customers,” said Tess Fezzuoglio.

“I’m really looking forward to reconnecting with familiar faces and rolling up my sleeves to help drive the next stage of growth alongside such a talented team”.

Senior Vice President for APAC at Cision, Royce Shih, said, “We are thrilled to have Tess re-join Streem, bringing her wealth of international experience, strategic vision, and proven leadership back home to Streem.”

“Her deep understanding of Streem’s roots, combined with the global expertise she has gained, makes her uniquely positioned to guide our commercial teams into our next phase of growth.”

Tess’s appointment is effective immediately.

About Streem

Streem is a leading provider of media intelligence solutions in Australia and New Zealand, empowering organisations to make informed decisions and drive business success through realtime content and insights. Streem is part of Cision, the global leader in PR and marketing communications technology.

For media inquiries, please contact:
Streem 
marketing@streem.com.au

Tess Fezzuoglio with Streem team in Sydney HQ
Tess Fezzuoglio with Streem team in Sydney HQ

GREEN FUEL FORWARD EXPANDS INDUSTRY ALLIANCE TO SUPPORT SUSTAINABLE AVIATION FUEL ADOPTION IN ASIA

Center for Green Market Activation (GMA) and Singapore Sustainable Aviation Fuel Company (SAFCo), join GenZero on the Steering Committee, while Amazon, Bain & Company, and Temasek Trust join the growing industry alliance to support credible demand for sustainable aviation fuel (SAF) and SAF certificates in Asia.

SINGAPORE and NEW YORK, Sept. 23, 2026 /PRNewswire/ — Green Fuel Forward (GFF), launched by GenZero and the World Economic Forum (WEF) in May 2025 to scale demand for sustainable aviation fuel (SAF), today announced an expanded partnership structure and new members as it enters its next phase of market activation.

From L to R: Kim Carnahan, CEO, GMA; Seow Hui Tan, CEO, SAFCo; and Frederick Teo, CEO, GenZero make the announcement live from the stage at Green Markets Day 2026 as part of New York Climate Week.
From L to R: Kim Carnahan, CEO, GMA; Seow Hui Tan, CEO, SAFCo; and Frederick Teo, CEO, GenZero make the announcement live from the stage at Green Markets Day 2026 as part of New York Climate Week.

Announced during Green Markets Day at New York Climate Week, the expansion marks GFF’s shift from building market awareness and procurement readiness to facilitating greater corporate action and participation in SAF and SAF certificates (SAFc) transactions across Asia.

GFF welcomed the Center for Green Market Activation (GMA) and the Singapore Sustainable Aviation Fuel Company (SAFCo) to its Steering Committee (SteerCo), alongside founding SteerCo member GenZero. The expanded SteerCo combines investment, demand-aggregation, procurement and market-development expertise as GFF works to translate growing corporate interest in SAF into credible and scalable demand.

Building this demand is particularly important for aviation decarbonisation in Asia, where much of the sector’s future growth is expected. SAF supply remains constrained by its premium over conventional jet fuel and production capacity that is still developing. Stronger and clearer demand signals can encourage investment in new supply and help lower the cost of SAF adoption.

SAFc can provide these demand signals at scale by enabling companies to support the use of SAF and claim the associated emission reductions towards their climate targets, even where direct access to physical SAF is limited or impossible. To support the development of a robust SAFc market in Asia-Pacific, GFF will work with industry, policymakers and standards bodies to establish a trusted framework for corporate engagement.

Frederick Teo, Chief Executive Officer, GenZero, said: “Given the growth of aviation in the Asia-Pacific, the region has a critical role in decarbonising aviation globally. There is tremendous potential to develop technologies in SAF, source feedstock, build production capacity and drive adoption. Corporate ambition to address air travel emissions can direct financing into scaling SAF adoption through the purchase of SAF certificates. Green Fuel Forward aggregates corporate participation into credible, collective demand large enough to meaningfully support production growth across the region. The expertise that GMA and SAFCo bring in demand aggregation, procurement, and market development strengthens Green Fuel Forward’s broad membership base to translate corporate readiness into concerted market action.”

Kim Carnahan, Chief Executive Officer, Center for Green Market Activation, said: “We know that book and claim and demand aggregation can drive new investment and grow the supply of high-integrity SAF. We are thrilled to be joining the Green Fuel Forward SteerCo to bring this model to Asia, ensure it complements existing global initiatives like the Sustainable Aviation Buyers Alliance, and steer it toward real-world contracting that scales SAF uptake in one of the fastest growing aviation markets in the world.”

Seow Hui Tan, Chief Executive Officer, SAFCo, said: “As Asia-Pacific’s aviation sector continues to grow, the region has a unique opportunity to lead the next phase of sustainable aviation growth. Singapore’s early leadership in advancing SAF policy demonstrates how practical regulations, trusted governance, and market-based mechanisms can accelerate SAF adoption while maintaining environmental integrity. Beyond supporting Singapore’s national SAF ambitions, SAFCo’s expertise, processes, systems, and market infrastructure being developed through the SAF policy can help lay the foundations for a credible and scalable voluntary SAF and SAF certificate market across Asia-Pacific. Through Green Fuel Forward, we look forward to working with partners to strengthen corporate participation, build market confidence, and accelerate the development of a trusted regional SAF ecosystem.”

With added institutional expertise and a broader corporate buyer base, GFF is better positioned to help companies move from learning about SAFc to evaluating and participating in procurement opportunities. By aggregating demand and strengthening connections among buyers, market intermediaries and suppliers, GFF aims to create a stronger commercial foundation for SAF growth in Asia.

As GFF moves from capacity-building towards supporting more pragmatic action, WEF will hand over the secretariat function of the initiative to the SteerCo. WEF played an important role in the initiative’s formative year, helping to shape the platform, convene stakeholders, build momentum, and strengthen the understanding of the SAF market.

Pedro Gomez, Head, Industry Agenda, Member of the Executive Committee, World Economic Forum, said: “With GenZero and dozens of private sector companies, we launched Green Fuel Forward to spark interest in SAF in the Asia-Pacific region. One and a half years later, this collective effort has shown that the local SAF market is maturing fast, and more corporates are planning to take pragmatic action and invest in the sector. The World Economic Forum looks forward to seeing this momentum transform into credible demand as GenZero and the new SteerCo take over the strategic leadership of the campaign, bringing experience from transactions that can really scale the impact of Green Fuel Forward in the coming years.”

New members broaden the alliance

Alongside the expanded SteerCo, GFF has recently welcomed Amazon, Bain & Company, and Temasek Trust as new members, broadening the group of companies seeking to accelerate the shift towards lower-carbon aviation. Temasek Trust also joins as a catalytic contributor, providing funding to offset procurement costs and help SAF adoption. GFF’s total membership now stands at 48.

GFF’s members span three key groups: companies with significant business-travel footprints; companies with substantial logistics and air-cargo operations; and international corporations looking to decarbonise their value chains in Asia.

Corporate interest in SAF is growing, but buyers continue to face practical barriers to procurement. Questions remain around how SAF certificate purchases can be reported under the Greenhouse Gas Protocol, while buyers may also have limited visibility of credible regional supply and lack dedicated in-house procurement capabilities.

Through GFF, participating companies can better understand the SAF market, explore credible procurement pathways, and stay updated on accounting and reporting for SAFc. Catalytic funding, including cost offsets and co-matching for select first-time buyers, can also help lower cost barriers and support early participation.

Sam Israelit, Chief Sustainability Officer, Bain & Company, said: “Business travel is the largest share of Bain’s carbon footprint, and sustainable aviation fuel is central to our science-based path to net zero. Having been among the first corporate buyers of SAF certificates through the Sustainable Aviation Buyers Alliance and the First Movers Coalition, joining Green Fuel Forward is a natural next step: it brings that commitment to Asia-Pacific, where aviation’s growth – and the opportunity to decarbonise it – is greatest. We look forward to helping build the credible, aggregated demand that will catalyse new SAF supply across the region.”

Ryan Tan, Head, Planet Collaborative, Temasek Trust, said: “Aviation is a carbon-intensive sector that is an integral part of the carbon footprint of many companies, such as through business travel and value chains. This makes SAF certificates an important entry point for collective action. Through Green Fuel Forward, Temasek Trust is participating as both a member and catalytic funder to lower barriers for other companies and facilitate demand for SAF. This reflects our commitment to catalysing practical, scalable solutions for tangible climate impact.”

About Green Fuel Forward
Founded by GenZero and the World Economic Forum in 2025, Green Fuel Forward (GFF) is an initiative designed to scale corporate demand for sustainable aviation fuel (SAF) in the Asia-Pacific region. While continuing to build capacity and increase awareness of SAF certificates, in its second year, GFF will explore more structured procurement of sustainable aviation fuel certificates (SAFc), enabling corporate buyers to participate in SAF markets and address their aviation-related Scope 3 emissions. The initiative complements ongoing work by international standards bodies to advance the use of book-and-claim mechanisms, while contributing to global aviation decarbonisation. Through demand aggregation, capacity building and policy engagement, GFF aims to provide clear demand signals required to lower barriers to SAF adoption, strengthen market confidence and ultimately, catalyse new investments into SAF production across Asia-Pacific.

For more information, visit https://genzero.co/initiatives/green-fuel-forward.

About GenZero
GenZero is an investment platform company focused on accelerating decarbonisation globally. Founded by Temasek, it seeks to deliver positive climate impact alongside long-term sustainable financial returns by investing in opportunities with the potential to be nurtured into impactful and scalable solutions.

Driven by a common purpose to decarbonise for future generations, GenZero recognises the need for a holistic and integrated approach to achieve a net zero world. It adopts a flexible investment approach across three focus areas to drive climate impact: (i) nature-based solutions that help protect and restore natural ecosystems while benefiting local communities and biodiversity; (ii) technology-based solutions that deliver deep decarbonisation impact; and (iii) climate ecosystem enablers that support the scaling of carbon markets and enable broader industry decarbonisation.

For more information on GenZero, visit www.genzero.co.

About the Center for Green Market Activation
The Center for Green Market Activation (GMA) is a U.S.-based nonprofit working to catalyze markets for low- and zero-carbon goods and services in hard-to-abate sectors. GMA develops and deploys demand aggregation, collective procurement and book-and-claim approaches that enable companies to send stronger demand signals for emerging climate solutions. GMA manages buyers alliances across aviation, maritime shipping, heavy duty trucking, cement and concrete, chemicals, agriculture and other sectors, including serving as the Secretariat for the Sustainable Aviation Buyers Alliance (SABA).

About Singapore Sustainable Aviation Fuel Company Ltd (SAFCo)
Established by the Civil Aviation Authority of Singapore, SAFCo builds a transparent, integrated SAF demand market connecting airlines, corporate buyers, fuel producers, registry providers, carbon market platforms and aviation fuel chain stakeholders in Singapore. Its mission is to enable a scalable, credible and efficient SAF ecosystem that supports the decarbonisation of Singapore’s air hub and catalyses regional SAF adoption. For more information, visit https://safco.com.sg.

About Temasek Trust
Temasek Trust is the philanthropic arm of Temasek Holdings, with community stewardship goals of protecting the planet, uplifting communities, connecting people, and advancing capabilities. By forging new pathways in philanthropy and impact investing with like-minded partners, Temasek Trust advances catalytic philanthropy as a force for good. Through the Temasek Trust Collective, an ecosystem of organisations united by a shared purpose of building better for every generation, Temasek Trust builds capacity, convenes partnerships, mobilises capital, and catalyses solutions innovation to drive positive impact. For more information, visit www.temasektrust.org.sg. Follow us on LinkedIn, Instagram, Facebook, and YouTube.

For media queries, please contact:

Michelle Tan

Joey Wong

Director

Vice President

Corporate Affairs & Communications

Corporate Affairs & Communications

GenZero

GenZero

michelletan@genzero.co

joeywong@genzero.co

Tan Shu Ning

Senior Associate

Corporate Affairs & Communications

GenZero

tanshuning@genzero.co