Mohamed Bin Rashid Solar Park Phase IV is sized of 6,162 football fields and to generate 950 Megawatts of clean energy.

DUBAI, UNITED ARAB EMIRATES.-Sunday 5 December 2021 [ AETOS Wire ]

The China pavilion at EXPO 2020 ushered in “Shanghai Electric Day “ on December 1st 2021, Shanghai Electric is building the phase four of Mohammed Bin Rashid Solar Al Maktoum Park that is aimed to be the world’s largest and biggest solar power project.

The 12 billion Dirham phase that is constructed by Shanghai Electric on a landscape of 44 square kilometers is a combination of three Technologies, the Central Tower Concentrated Solar power plant (CT CSP), Parabolic Trough Concentrated Solar power plant (PT CSP) and Photovoltaic solar power plant (PV) comprising a total of 950 megawatts (MW) of clean energy.

In his word to the attendees Mr. Zhao Hui, the project director of Shanghai Electric said “Shanghai Electric is proud ... Read more »

ExaGrid honored with the “Vendor Channel Program of the Year” award, “Storage Hardware Innovation of the Year” award and “Storage Company of the Year” award for second year in a row

MARLBOROUGH, Mass-Tuesday 30 November 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- ExaGrid®, the industry’s only Tiered Backup Storage solution, today announced that the company was honored with three awards at the 12th annual SDC Awards ceremony, Angel Business Communications’ premier IT awards – the Storage, Digitalisation + Cloud Awards, held in London on November 24, 2021. These new award wins add to ExaGrid’s previous six wins this past fall, totaling nine industry awards in 2021.

ExaGrid’s Reseller Partner Program has been voted “Vendor Channel Program of the Year” for a second year in a row. In 2021, ExaGrid rolled out an optional Solutions Architects certification at no charge to become an ExaGrid C ... Read more »

NEW YORK -Sunday 5 December 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Moody’s Corporation (NYSE:MCO) announced today that it has acquired PassFort Limited and entered into an agreement to acquire 360kompany AG (kompany), two European providers of onboarding and Know Your Customer (KYC) technology solutions. The acquisitions complement Moody’s technology, data, and analytical capabilities, and enhance its industry-leading customer solutions for KYC, anti-money laundering, compliance, and counterparty risk.

“Our customers rely on our data and analytical tools to make decisions about who they do business with,” said Keith Berry, General Manager of Moody’s KYC business unit. “PassFort and kompany are innovators in the compliance and regulatory space, and their technologies will upgrade and accelerate our customers’ onboarding and monitoring processes.”

PassFort is a U.K. SaaS-based workflow platform for identity verific ... Read more »

The change differentiates the Square brand, which was built for the Seller business, from the corporate entity

SAN FRANCISCO-Saturday 4 December 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Square, Inc. (NYSE: SQ) announced today that it is changing its name to Block. Block will be the name for the company as a corporate entity. The Square name has become synonymous with the company’s Seller business, which provides an integrated ecosystem of commerce solutions, business software, and banking services for sellers, and this move allows the Seller business to own the Square brand it was built for.

The change to Block acknowledges the company’s growth. Since its start in 2009, the company has added Cash App, TIDAL, and TBD54566975 as businesses, and the name change creates room for further growth. Block is an overarching ecosystem of many businesses united by their purpose of economic empowerment, and serves many people—individuals, artists, fa ... Read more »