Welcome!

@CloudExpo Authors: Liz McMillan, Yeshim Deniz, Elizabeth White, Pat Romanski, Aruna Ravichandran

News Feed Item

Measures Introduced by the Government's Energy Saving Plan Within the 12th Five-Year Plan Stimulate Local Demand for Energy Conservation Solutions

Technovator Contributes to Making Chongqing a Model Green City

HONG KONG -- (Marketwire) -- 01/13/13 -- Technovator International Limited ("Technovator" or the "Company") (HKSE: 1206), a leading provider of building energy management solutions and services, has been selected as a provider for building energy saving management leading to create "A Green Chongqing." In that capacity, the Company is to retrofit Chongqing's public buildings to achieve energy savings, establish a building energy consumption monitoring platform as well as promote and develop energy saving management for Chongqing. Technovator has recently completed the first phase of work.

To achieve the goals of the energy saving and emission reduction strategy set in the 12th Five-Year Plan, the Government has introduced measures such as tax reduction and tax holidays, as well as giving out subsidies. It has also designated demonstration cities for energy saving in a bid to promote local energy conservation needs. Chongqing was listed as one of China's first batch of key cities to retrofit public buildings for energy conservation and has become the country's model city for implementing energy saving monitoring systems in government office buildings and large-scale public buildings. The city was granted a national energy conservation and pollution reduction special subsidy of RMB80 million and a national special subsidy of RMB14.5 million. It is expected that Chongqing will have retrofitted public buildings occupying 4,500,000 square metres by 2015.

As an industry leader who is able to provide proprietary energy management systems for energy consumption analysis and solutions, Technovator is selected as a partner of Chongqing Municipality to carry out energy-saving and emission reduction initiatives and has entered the first batch of enterprises within China's energy-saving management services list. Technovator was the first company from Tsinghua University to be listed overseas, which also represented the first spin-off listing of an international tech company on an overseas stock exchange from a mainland China A-share listed company. It enjoys the solid support of the research and talent platform of A-share listed Tongfang Co. Ltd. and Tsinghua University. Technovator has been on the Forbes list twice, the only company in the intelligent building management industry in China to be thus selected.

Currently, Technovator has developed a city-level E-CLOUD service platform (building energy consumption monitoring, testing and analysis system) for seven types of buildings as demonstration projects in Chongqing, including building complexes, office buildings, hotels, shopping malls, hospitals, stadiums and schools. The Company led the project to complete energy consumption monitoring and testing for nearly 200 large-scale public buildings as well as energy conservation transformation of more than 300,000 square metres. Major projects implementing these solutions include the Yingli International Financial Centre, the so-called "Chongqing IFC," Bank of Chongqing and Chongqing University of Arts and Sciences. All these projects achieved an energy saving rate of over 25%. It is expected that Technovator will provide energy saving management services for buildings of more than 2 million square metres in Chongqing by 2015.

Mr. Zhao Xiao Bo, Executive Director and Chief Executive Officer of Technovator, said, "Building energy-saving management is a rapidly emerging industry in China. The Chinese Government is strongly promoting building energy-saving management services during the 12th Five-Year Plan period. It also plans to include energy saving and emission reduction in performance evaluations of local governments, which reflects the Government's strong determination and support to go green. This stress on energy reduction presents enormous development opportunities to the building energy conservation industry. We hope that we can build on the success in Chongqing and further promote building energy-saving management in China, while bringing the development of Technovator to a new level."

About Technovator International Limited

Established in 2005, Technovator International Limited is a leading provider of building energy management systems and solutions services, with a scalable vertically-integrated global business model. Supported by a worldwide sales network, the Company operates with a global footprint in five countries around the world including China, Canada, France, Singapore and the US, and ranked the largest domestic player in the China market. Technovator offers comprehensive energy-saving solutions for building environments around the world under two well-recognized brands: "Techcon" in China and "Distech Controls" in overseas markets, and has won many domestic and international awards and accreditations. Technovator has been included within the Forbes list twice, the only company in the intelligent building management industry to be thus selected.

The Company's largest shareholder is the Shanghai-listed Tongfang Co., Ltd. which was established under the umbrella of the world renowned Tsinghua University(SSE: 600100). As a result, Technovator enjoys the solid support of the research and talent platform of Tongfang Co. Ltd. and Tsinghua University. With its listing on the Main Board of the Stock Exchange of Hong Kong in October 2011, Technovator, is the first company from Tsinghua University to be listed overseas, and also represents the first spin-off listing of an international tech company on an overseas stock exchange from a mainland China A-share listed company.

Company Logo
http://release.media-outreach.com/i/Download/736

Contact
Strategic Financial Relations
(China)Limited
Ms. Anita Cheung
Tel: 9100 9002
email: Email Contact

Ms. Esther Lau
Tel: 9196 0033
email: Email Contact

Mr. Justin Chen
Tel: 6622 6300
email: Email Contact

Ms. Yannis Yip
Tel: 9447 4749
email: Email Contact

Mr. Jason Liang
Tel: 9469 6530
email: Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@CloudExpo Stories
The dynamic nature of the cloud means that change is a constant when it comes to modern cloud-based infrastructure. Delivering modern applications to end users, therefore, is a constantly shifting challenge. Delivery automation helps IT Ops teams ensure that apps are providing an optimal end user experience over hybrid-cloud and multi-cloud environments, no matter what the current state of the infrastructure is. To employ a delivery automation strategy that reflects your business rules, making r...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software. They hope to capture value from emerging technologies such as IoT, SDN, and AI. Ultimately, irrespective of the vertical, it is about deriving value from independent software applications participating in an ecosystem as one comprehensive solution. In his session at @ThingsExpo, Kausik Sridhar, founder and CTO of Pulzze Systems, will discuss how given the magnitude of today's applicati...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
Amazon is pursuing new markets and disrupting industries at an incredible pace. Almost every industry seems to be in its crosshairs. Companies and industries that once thought they were safe are now worried about being “Amazoned.”. The new watch word should be “Be afraid. Be very afraid.” In his session 21st Cloud Expo, Chris Kocher, a co-founder of Grey Heron, will address questions such as: What new areas is Amazon disrupting? How are they doing this? Where are they likely to go? What are th...
SYS-CON Events announced today that NetApp has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. NetApp is the data authority for hybrid cloud. NetApp provides a full range of hybrid cloud data services that simplify management of applications and data across cloud and on-premises environments to accelerate digital transformation. Together with their partners, NetApp emp...
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant th...
SYS-CON Events announced today that SkyScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SkyScale is a world-class provider of cloud-based, ultra-fast multi-GPU hardware platforms for lease to customers desiring the fastest performance available as a service anywhere in the world. SkyScale builds, configures, and manages dedicated systems strategically located in maximum-security...
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, will go over the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, applicatio...
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
Microsoft Azure Container Services can be used for container deployment in a variety of ways including support for Orchestrators like Kubernetes, Docker Swarm and Mesos. However, the abstraction for app development that support application self-healing, scaling and so on may not be at the right level. Helm and Draft makes this a lot easier. In this primarily demo-driven session at @DevOpsSummit at 21st Cloud Expo, Raghavan "Rags" Srinivas, a Cloud Solutions Architect/Evangelist at Microsoft, wi...
Containers are rapidly finding their way into enterprise data centers, but change is difficult. How do enterprises transform their architecture with technologies like containers without losing the reliable components of their current solutions? In his session at @DevOpsSummit at 21st Cloud Expo, Tony Campbell, Director, Educational Services at CoreOS, will explore the challenges organizations are facing today as they move to containers and go over how Kubernetes applications can deploy with lega...
SYS-CON Events announced today that Avere Systems, a leading provider of hybrid cloud enablement solutions, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Avere Systems was created by file systems experts determined to reinvent storage by changing the way enterprises thought about and bought storage resources. With decades of experience behind the company’s founders, Avere got its ...
SYS-CON Events announced today that Taica will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. ANSeeN are the measurement electronics maker for X-ray and Gamma-ray and Neutron measurement equipment such as spectrometers, pulse shape analyzer, and CdTe-FPD. For more information, visit http://anseen.com/.
Today most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes significant work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reducti...
As you move to the cloud, your network should be efficient, secure, and easy to manage. An enterprise adopting a hybrid or public cloud needs systems and tools that provide: Agility: ability to deliver applications and services faster, even in complex hybrid environments Easier manageability: enable reliable connectivity with complete oversight as the data center network evolves Greater efficiency: eliminate wasted effort while reducing errors and optimize asset utilization Security: imple...
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, will discuss how by using...
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
SYS-CON Events announced today that Yuasa System will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Yuasa System is introducing a multi-purpose endurance testing system for flexible displays, OLED devices, flexible substrates, flat cables, and films in smartphones, wearables, automobiles, and healthcare.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that CAST Software will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CAST was founded more than 25 years ago to make the invisible visible. Built around the idea that even the best analytics on the market still leave blind spots for technical teams looking to deliver better software and prevent outages, CAST provides the software intelligence that matter ...