NAGANO, Japan, July 1, 2024 /PRNewswire/ -- Renowned as one of "the most beautiful villages in Japan", the quaint Nakagawa village is home to LONGi Hi-MO X6 solar panels, shining atop the Nakagawa Shopping Center Ciao. The union of solar power and tourism is setting an eco-friendly future, as the village transitions towards facilities energized by renewable resources.
Nakagawa Shopping Center Ciao, a unique commercial outlet inaugurated in 1990 by Nakagawa village, JA, and local cooperative is undergoing significant changes. As the sole shopping destination of the village offering everything from daily essentials to self-made coffee and fashionable attire, a consistently stable electricity supply has become a vital cornerstone for the center.
As reported by "THE21" magazine, soaring energy prices, specifically electricity costs, have become a key concern for Japan in 2024. As a significant consumer of energy, Nakagawa Shopping Center Ciao has installed Hi-MO X6 modules with a capacity of 122KW on the rooftop, expecting an annual electricity output of 15,9981kWh and reducing COâ‚‚ emissions by approximately 1807 tons. Not only does it achieve electricity freedom, but it also contributes to environmental protection - a perfect pairing with the beautiful nature in the village.
HPBC-based Hi-MO X6, exhibits extraordinary power generation efficiency and aesthetics. Its robust load capacity allows clients to enjoy reliable and quality product even in Japan's frequented extreme weather conditions. What's more, Hi-MO X6 could act as an emergency energy supply during disasters, offering much-needed help to people in need.
The integration of Hi-MO X6 in the beautiful Nakagawa Village demonstrates a perfect blend of green energy and the natural environment, aligning seamlessly with LONGi's mission "To make the best of solar energy to build a green world."
Join us on this journey of green transformation with Hi-MO X6, and indulge in the tranquility and coolness brought by nature.
About LONGi
Founded in 2000, LONGi is committed to being the world's leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation.
Under its mission of 'making the best of solar energy to build a green world', LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Embarking on a Sustainable Journey with Hi-MO X6 in Nakagawa Village- One of "the Most Beautiful Villages in Japan"
Embarking on a Sustainable Journey with Hi-MO X6 in Nakagawa Village- One of "the Most Beautiful Villages in Japan"
Embarking on a Sustainable Journey with Hi-MO X6 in Nakagawa Village- One of "the Most Beautiful Villages in Japan"
SINGAPORE, July 2, 2024 /PRNewswire/ -- In support of a more efficient and user-friendly DeFi market, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in RedStone. RedStone is one of the fastest-growing modular oracles in 2024 that delivers diverse, high-frequency data feeds to EVM Layer1, Layer2, Rollup-as-a-Service networks, and beyond, including Starknet, Fuel Network, and TON.
RedStone's modular nature enables it to provide data feeds that are unavailable elsewhere, specializing in yield-bearing collateral for lending markets, especially LSTs and LRTs. Its modular pricing engine ensures the highest accuracy and relevance by consistently updating. Moreover, RedStone is chain-agnostic, meaning it can push data to numerous EVM and non-EVM ecosystems, rollups, and various app chains. This makes it an ideal partner for Rollup-as-a-Service providers and Eigenlayer AVSes. Currently, RedStone's Total Value Secured (TVS) has grown to $4 billion, expanded to over 60 chains, and served more than 100 clients such as EtherFi, Pendle, Morpho and Ethena.
RedStone recently closed its $15 million Series A round, led by Arrington Capital. The funds will be used to expand the Marketing and Business Development divisions, fueling an extensive Q3/Q4 growth pipeline. RedStone is currently testing Oracle Extractable Value (OEV) implementation, scheduled for trial with customers in the coming months, and preparing for the launch of its native token later this year.
"RedStone is introducing an exciting advancement to DeFi with its modular design," said Edward, Managing Partner at HTX Ventures. "DeFi users will benefit from new and precise data feeds, as well as push and pull data services. RedStone's chain-agnostic feature allows it to provide services across various layers. At HTX Ventures, we are thrilled to witness new innovations within the oracle space and are eager to collaborate on building better infrastructure and tools for DeFi."
Jakub Wojciechowski, CEO of RedStone Oracles, commented, "This Series A round gives us ample financial runway to broaden our suite of services while bringing reliable real-world data to a host of blockchain-based protocols. Sincere thanks to our investors and community for their fervent support, and believe me when I say - we are just getting started."
RedStone is also preparing for the upcoming launch of Season 2 of RedStone Expedition – an interactive community engagement initiative giving participants the chance to accumulate RSG (RedStone Gems) points through a diverse array of activities. Interested parties can sign up here: RedStone Expedition.
About RedStone
RedStone is a modular oracle delivering diverse, high-frequency data feeds to EVM Layer1, Layer2, Rollup-as-a-Service networks, and beyond, i.e., Starknet, Fuel Network, or TON. By responding to market trends and developer needs, RedStone can support assets not available elsewhere. The modular design allows for data consumption models adjusted to specific use cases, i.e., capital-efficient LSTfi and early support of LRTs. Trusted by Pendle, Morpho, Venus, Ethena, ether.fi & more.
About HTX Ventures:
HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.
HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including Dragonfly, Bankless, Gitcoin, Figment, and Animoca. Visit us here.
Contact Details
EE
glo-media@htx-inc.com
Company Website
https://www.htx.com/ventures
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
HTX Ventures Invests in RedStone Oracles to Expand Modular DeFi Infrastructure
