LATEST REGIONAL PROJECT UPDATE
2 THAILAND
3
AUSTRALIA
Levanta Renewables , a renewable energy developer and independent power producer in Southeast Asia owned by Actis , a leading sustainable infrastructure investor , has announced the acquisition of a 90 % controlling shareholding in a 139.4MWp operating solar project portfolio in Thailand .
The projects have been acquired from Super Energy Corporation Public , a leading Thai renewable energy developer with operations across Thailand and Vietnam and Super Energy Group , a subsidiary of Super Energy .
The investment marks Levanta ’ s first transaction and entry into the Thai market and serves as a key step towards its goal of achieving 1.5GW of operating capacity across Southeast Asia .
The portfolio Levanta has acquired consists of 24 ground mounted solar farms spread across four provinces in Thailand – with each solar farm under a 25-year power purchase agreement with the Provincial Electricity Authority of Thailand .
Block Inc has launched its inaugural Reconciliation Action Plan ( RAP ) in Australia , solidifying a commitment to fostering impactful Indigenous partnerships and implementing programs that drive positive social change .
The plan , the latest in its long-standing commitment to supporting indigenous communities , brings together the full ecosystem of Block businesses ( including Square , Afterpay , and CashApp ), as well as Foundational teams together in a shared mission to increase access for all to financial tools , investing in entrepreneurship and inclusive systems , and innovating the global payments system so that people can empower themselves in the economy .
“ At Block , we recognise the profound importance of our commitment to the Aboriginal and Torres Strait Islander peoples , communities and its cultures . We understand that our existence goes beyond providing financial services and profit ; it ’ s about embodying fundamental principles that resonate with the fabric of society . Technology , for us , isn ’ t merely an industry but a powerful tool to empower , create transparency and foster connections ,” said Ant Eisen , Afterpay Co-Founder and Block ’ s RAP Champion .
4
CHINA
OPPO has signed a signed a multi-year global patent cross license agreement with Ericsson which includes a cross license covering patents essential to standards for cellular technologies .
The Dongguan based smartphone vendor , with sales in global markets and significant presence in developing countries , will make royalty payments to Ericsson .
In addition to a cross license , OPPO and Ericsson will conduct business cooperation on a number of projects related to 5G – including device testing , customer engagements and marketing activities .
Christina Petersson , Chief Intellectual Property Officer , Ericsson , said : “ This important royalty bearing license agreement with OPPO allows Ericsson to further invest in fundamental communications technologies .
“ We now look forward to growing Ericsson ’ s IPR revenues with additional 5G agreements and expansion into additional licensing areas , such as IoT and consumer electronics .”
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