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XCMG's XGC15000A Sets New Wind Power Hoisting Record, Supports Low-Carbon Energy Construction

Sunburst Workforce Advisors | March 21, 2022

XCMG's (SHE:000425) 1,000-ton crawler crane, XGC15000A, has set a new world record after completing its first single-arm wind power hoisting operation at a height of 172+12 meters for the Jinjiaozhou wind power farm in Qingdao, China.

Weighing in at 118 tons the 4.5MW wind power turbine hoisted to a height of 170 meters with the diameter of the impeller reaching 156 meters. It adopts the world-leading prestressed fatigue resistant framed steel pipe wind power tower that greatly increases the height of the wind turbine when compared with the common 120-140 meters flexible tower in the industry, which better utilizes wind resources and increases power generation efficiency. However, the higher installation height posed greater challenges for the crawler crane.

The flat and open project site usually experiences strong wind greater than level 5, and the fully prepared construction team quickly completed the operation during a short "wind-free" time window, thanks to the powerful and stable performance of the XGC15000A.

"The tower height at this wind farm will reach 180 meters or even above 200 meters, and facing these challenges, we found that XCMG had already taken everything into consideration. We believe XCMG can fully meet our needs in the future,"

- Di Caijin, who was responsible for the on-site hoisting operation.

The successful installation makes the XGC15000A the world's first wind power crawler crane to achieve a hoisting height of 170 meters. China has pledged to reach carbon peak by 2030 and carbon neutrality by 2060, and according to the latest analysis from Wood Mackenzie, the country is expected to reach 700GW of cumulative connected wind capacity by 2030 and annual wind and photovoltaic installed capacity needs will reach 100- to 200 million kilowatts, which calls for more wind power projects to be developed at lower costs.

In February, XCMG delivered China's largest tonnage wind power reach stacker, XCS70S, which was co-developed and customized by XCMG and CRRC Zhuzhou Institute Wind Power Business Unit. With a rated load of 70 tons, the product has a much broader range of applications and was designed for the hoisting operations of large-scale wind turbines and equipment. It is equipped with exclusive spreaders that increase hoisting and handling efficiency three-fold.

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Interim Hydrogen Roadmap

We need to do things differently if we are to avoid the impacts of climate change. To play our part in limiting global warming to 1.5°C, the Government has committed to reaching net zero for all greenhouse gas emissions by 2050.

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Li-Cycle and EVE Energy Launch Battery Recycling Collaboration

businesswire | July 14, 2023

Li-Cycle Holdings Corp. a leading global lithium-ion battery resource recovery company, and EVE Energy Co., Ltd. (“EVE” or “EVE Energy”), a leading lithium-ion battery technology company, are pleased to announce that they have signed a memorandum or understanding (“MOU”) to collaborate and explore lithium-ion battery recycling solutions for EVE battery materials. The MOU includes a framework to explore global sustainable recycling solutions for EVE lithium-ion battery materials in the North American market, as well as battery manufacturing scrap generated at EVE’s planned lithium-ion battery cell manufacturing facilities in Malaysia and Hungary. The collaboration is also expected to support EVE’s environmental goals through a closed-loop supply solution and continue to support the global movement towards electrification. EVE is one of the world’s largest lithium-ion battery cell manufacturers, with global manufacturing facilities and customers that include global automakers. “EVE Energy places great importance on expanding our presence in global markets,” said Mr. Jianhua Liu, co-founder and CEO of EVE Energy. “To better serve our international customers, we are going to construct green battery factories in Europe and Southeast Asia. To achieve this goal, we are implementing strategic initiatives such as industry chain integration, team internationalization, and the application of international operational models. We are pleased to partner with Li-Cycle to discuss the establishment of a high environmental standard battery recycling system to support sustainable development.” “We are excited to collaborate with EVE, a proven global leader in lithium-ion battery cell manufacturing, to provide a sustainable resource recovery solution for lithium-ion battery products and manufacturing scrap,” said Tim Johnston, co-founder and Executive Chair of Li-Cycle. “Li-Cycle continues to scale as the world’s preferred recycling partner and the MOU demonstrates how EVE recognizes our capabilities in delivering world-class lithium-ion battery recycling solutions with high efficiency, low emissions, and minimal waste generation to support a sustainable lithium-ion battery ecosystem. Li-Cycle continues to expand our business strategically and flexibly in line with our growing global customer base.” In addition to its large lithium-ion battery manufacturing footprint in Asia, EVE has announced plans to build its first European battery manufacturing facility in Hungary, which is expected to supply a major global automaker for the production of electric vehicles (“EVs”). EVE has also announced plans to build a lithium-ion battery cell manufacturing facility in Malaysia. Li-Cycle’s patented Spoke & Hub Technologies™ enables a safe and environmentally friendly way to recycle lithium-ion batteries and battery manufacturing scrap and recover key battery-grade materials, including lithium, nickel and cobalt. Li-Cycle’s overall process includes an efficient environmental footprint, minimal direct greenhouse gas emissions, and minimal wastewater discharge, which helps position Li-Cycle’s innovative technologies as a strong recycling solution for EVE’s battery cell manufacturing capabilities. About Li-Cycle Holdings Corp Li-Cycle is on a mission to leverage its innovative Spoke & Hub Technologies™ to provide a customer-centric, end-of-life solution for lithium-ion batteries, while creating a secondary supply of battery-grade materials. Lithium-ion rechargeable batteries are increasingly powering our world in automotive, energy storage, consumer electronics, and other industrial and household applications. The world needs improved technology and supply chain innovations to better manage battery manufacturing waste and end-of-life batteries and to meet the rapidly growing demand for critical and scarce battery-grade raw materials through a closed-loop solution. For more information, visit https://li-cycle.com/. About EVE Energy Founded in 2001 and listed in Shenzhen in 2009, EVE Energy has developed into a global player in the market, providing core technologies and comprehensive solutions for both consumer and power batteries, especially in the Internet of Things and the energy internet. Currently, EVE Energy has set up a research institute with 60 doctors and over 4,100 interdisciplinary R&D engineers in materials, electrochemistry, structure design, and electronic circuit design, obtained over 5,900 national patents in China. The company launched a carbon reduction roadmap with a series of low-carbon reduction efforts in energy use, the manufacturing process, the supply chain, and resource management, and was named a "National Green Factory."

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Origis Energy Announces New $750 Million Construction Warehouse Facility

PRNewswire | August 17, 2023

Origis Energy, one of America's leading renewable energy platforms, announced today the close of a $750 million construction warehouse facility. The facility will fund large scale solar and energy storage project construction totaling approximately 2 gigawatts (GW) across 15 states over the next three years. Today's announcement follows the March 2023 close of an upsizing amendment to the company's $750 million development finance facility. The new warehouse facility will fund the construction of solar, storage and colocated solar plus storage projects, with expected completion dates up to 2026. Power Purchase Agreements, serving a variety of utility and corporate clients, have been secured on all assets. Origis is in development on an industry leading clean energy pipeline which currently stands at 18 GW of solar and 36 GWh of storage capacity. The company is active in 31 states to date. "Origis is in an unprecedented growth cycle fueled by customer demand and the Inflation Reduction Act," said Guy Vanderhaegen, Chief Executive Officer & President, Origis Energy. "Advancing construction of our renewable energy pipeline is a top priority, one served by this new financing. The arrangement also demonstrates the continued trust of the financial community in our team. We thank Santander, Rabobank, and Natixis for their collaboration. Together we are delivering clean, cost-effective energy to our customers." Santander Corporate and Investment Banking was the structuring agent, green loan coordinator and coordinating lead arranger. They were joined by Rabobank and Natixis Corporate & Investment Banking, who served as coordinating lead arrangers, hedge providers, and letter of credit issuers. "Santander is very pleased to be supporting Origis with this strategic financing that will provide an efficient and innovative means of financing their project pipeline and help unlock the Company's future growth. This transaction is an example of Santander's ongoing commitment to the financing of green projects," said Andrew Platt, Head of Structured Finance US, Santander Corporate and Investment Banking. Rabobank is a premier corporate and investment bank to the food and agribusiness industries and an energy transition leader through the renewable energy sector. Natixis CIB is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide. Origis Energy is majority owned by funds managed by Antin Infrastructure Partners. Latham and Watkins represented Origis Energy in the transaction. Norton Rose Fulbright acted as lenders' counsel. About Origis Energy Origis Energy is bringing clean and cost-effective solar, energy storage and clean hydrogen solutions within reach for utility, commercial and industrial as well as public sector clients. The Origis team has worked to ensure the interests of all stakeholders are upheld in 170 projects worldwide totaling more than 5 GW to date of developed solar, energy storage and clean hydrogen capacity. Headquartered in Miami, FL, Origis Energy delivers excellence in solar, energy storage and clean hydrogen development, financing, engineering, procurement, and construction (EPC) and operations, maintenance and asset management for investors and clean energy consumers in the U.S. Visit Origis Energy here. About Antin Infrastructure Partners Antin Infrastructure Partners is a leading private equity firm focused on infrastructure. With over €30 bn in assets under management across its Flagship, Mid Cap and NextGen investment strategies, Antin targets investments in the energy and environment, digital, transport and social infrastructure sectors. With a presence in Paris, London, New York, Singapore and Luxembourg, Antin employs over 200 professionals dedicated to growing, improving and transforming infrastructure businesses while delivering long-term value to portfolio companies and investors.

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Mainstream Renewable Power and Ocean Winds partner on second Scotwind floating offshore wind site

PRNewswire | August 18, 2023

Mainstream Renewable Power ("Mainstream"), the global pureplay renewable energy company, and Ocean Winds, the international joint venture between EDPR and ENGIE dedicated to offshore wind energy, have partnered to develop a second ScotWind site of 500 MW east of Shetland, expanding the overall footprint of the Arven Offshore Wind Farm ("Arven") to 2.3 GW. Arven comprises two sites. The first is the 1.8 GW site east of the Shetland Islands which was awarded to the 50:50 joint venture between Mainstream and Ocean Winds as part of the ScotWind leasing process in 2022. Separately, Ocean Winds was awarded a 500 MW site in the same NE1 block. Mainstream has now completed its acquisition of a 50% shareholding in Ocean Wind's holding company and the two sites are now being developed jointly to maximise their potential. Mainstream and Ocean Winds have a longstanding partnership. The companies are currently developing a 1.2 GW floating offshore wind farm in South Korea and are in a consortium for the upcoming Utsira Nord floating offshore wind tender in Norway. By extending this partnership and developing the two sites off Shetland, Mainstream and Ocean Winds will leverage their combined expertise to maximise benefits for Shetland and Scotland, create supply chain opportunities and jobs, whilst contributing to the UK's net zero ambition. The partners have commenced early-stage local engagement, meeting with supply chain partners, local authorities and fisheries representatives. Adam Morrison, UK Country Manager for Ocean Winds, said "The collaboration between Ocean Winds and Mainstream Renewable Power marks a significant milestone, combining our expertise and resources to develop our largest floating offshore wind farm to date. This experienced partnership will capitalise on delivery experience both in Scotland and internationally. "We have already commenced surveys and a programme of early local engagement, including the fishing industry, and we are committed to working closely with the local community in developing this larger Arven project, which will be a significant driver for the energy transition." Tove Røskaft, Head of Offshore Wind for Mainstream, said "Arven offers a unique combination of scale, world-class wind resource and routes to market which enable it to deliver a range of compelling benefits for the good of Shetland, Scotland and the UK. "Mainstream has a solid track record in Scotland and the UK, having successfully developed the Neart na Gaoithe and the Hornsea zone which is the world's largest offshore wind farm in operation. This remains a core offshore wind market for Mainstream and we look forward, together with Ocean Winds, to continuing our engagements with Crown Estate Scotland and other key stakeholders." About Arven Offshore Wind Farm The Arven Offshore Wind Farm ("Arven") is a floating offshore wind project composed of two sites: one 1.8 GW site in the NE1 area east of the Shetland Islands, and another 500 MW site located to the south. Once operational, Arven has the capacity to generate enough energy to power up to two million homes. Arven is being developed by a joint venture between Mainstream Renewable Power and Ocean Winds under a 50:50 joint venture. About Ocean Winds Ocean Winds (OW) is an international company dedicated to offshore wind energy and created as a 50-50 joint venture, owned by EDP Renewables and ENGIE. Based on our belief that offshore wind energy is an essential part of the global energy transition, we develop, finance, build and operate offshore wind farm projects all around the world. About Mainstream Renewable Power Mainstream Renewable Power ("Mainstream") is a leading pure-play renewable energy company with a presence across Europe, Latin America, Africa, and Asia-Pacific, and the company has a global portfolio of 20.8 GW at Q2, 2023. In May 2021, Norway-based Aker Horizons acquired a majority stake in Mainstream and, in April 2022, Japan-based Mitsui & Co., Ltd. joined Aker Horizons as a long-term strategic investor. In addition to bringing forward industrial-scale onshore wind and solar projects around the world, we are advancing gigawatt-scale offshore wind projects in Vietnam, South Korea, Norway, Ireland, the UK, Sweden and Australia. About Aker Horizons Aker Horizons develops green energy and green industry to accelerate the transition to Net Zero. The company is active in renewable energy, carbon capture and hydrogen and develops industrial-scale decarbonization projects. As part of the Aker group, Aker Horizons applies industrial, technological and capital markets expertise with a planet-positive purpose to drive decarbonization globally. Aker Horizons is listed on the Oslo Stock Exchange and headquartered in Fornebu, Norway. Across its portfolio, the company employs approximately 1,100 people in 18 countries on five continents.

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Energy

Li-Cycle and EVE Energy Launch Battery Recycling Collaboration

businesswire | July 14, 2023

Li-Cycle Holdings Corp. a leading global lithium-ion battery resource recovery company, and EVE Energy Co., Ltd. (“EVE” or “EVE Energy”), a leading lithium-ion battery technology company, are pleased to announce that they have signed a memorandum or understanding (“MOU”) to collaborate and explore lithium-ion battery recycling solutions for EVE battery materials. The MOU includes a framework to explore global sustainable recycling solutions for EVE lithium-ion battery materials in the North American market, as well as battery manufacturing scrap generated at EVE’s planned lithium-ion battery cell manufacturing facilities in Malaysia and Hungary. The collaboration is also expected to support EVE’s environmental goals through a closed-loop supply solution and continue to support the global movement towards electrification. EVE is one of the world’s largest lithium-ion battery cell manufacturers, with global manufacturing facilities and customers that include global automakers. “EVE Energy places great importance on expanding our presence in global markets,” said Mr. Jianhua Liu, co-founder and CEO of EVE Energy. “To better serve our international customers, we are going to construct green battery factories in Europe and Southeast Asia. To achieve this goal, we are implementing strategic initiatives such as industry chain integration, team internationalization, and the application of international operational models. We are pleased to partner with Li-Cycle to discuss the establishment of a high environmental standard battery recycling system to support sustainable development.” “We are excited to collaborate with EVE, a proven global leader in lithium-ion battery cell manufacturing, to provide a sustainable resource recovery solution for lithium-ion battery products and manufacturing scrap,” said Tim Johnston, co-founder and Executive Chair of Li-Cycle. “Li-Cycle continues to scale as the world’s preferred recycling partner and the MOU demonstrates how EVE recognizes our capabilities in delivering world-class lithium-ion battery recycling solutions with high efficiency, low emissions, and minimal waste generation to support a sustainable lithium-ion battery ecosystem. Li-Cycle continues to expand our business strategically and flexibly in line with our growing global customer base.” In addition to its large lithium-ion battery manufacturing footprint in Asia, EVE has announced plans to build its first European battery manufacturing facility in Hungary, which is expected to supply a major global automaker for the production of electric vehicles (“EVs”). EVE has also announced plans to build a lithium-ion battery cell manufacturing facility in Malaysia. Li-Cycle’s patented Spoke & Hub Technologies™ enables a safe and environmentally friendly way to recycle lithium-ion batteries and battery manufacturing scrap and recover key battery-grade materials, including lithium, nickel and cobalt. Li-Cycle’s overall process includes an efficient environmental footprint, minimal direct greenhouse gas emissions, and minimal wastewater discharge, which helps position Li-Cycle’s innovative technologies as a strong recycling solution for EVE’s battery cell manufacturing capabilities. About Li-Cycle Holdings Corp Li-Cycle is on a mission to leverage its innovative Spoke & Hub Technologies™ to provide a customer-centric, end-of-life solution for lithium-ion batteries, while creating a secondary supply of battery-grade materials. Lithium-ion rechargeable batteries are increasingly powering our world in automotive, energy storage, consumer electronics, and other industrial and household applications. The world needs improved technology and supply chain innovations to better manage battery manufacturing waste and end-of-life batteries and to meet the rapidly growing demand for critical and scarce battery-grade raw materials through a closed-loop solution. For more information, visit https://li-cycle.com/. About EVE Energy Founded in 2001 and listed in Shenzhen in 2009, EVE Energy has developed into a global player in the market, providing core technologies and comprehensive solutions for both consumer and power batteries, especially in the Internet of Things and the energy internet. Currently, EVE Energy has set up a research institute with 60 doctors and over 4,100 interdisciplinary R&D engineers in materials, electrochemistry, structure design, and electronic circuit design, obtained over 5,900 national patents in China. The company launched a carbon reduction roadmap with a series of low-carbon reduction efforts in energy use, the manufacturing process, the supply chain, and resource management, and was named a "National Green Factory."

Read More

Energy, Industry Updates

Origis Energy Announces New $750 Million Construction Warehouse Facility

PRNewswire | August 17, 2023

Origis Energy, one of America's leading renewable energy platforms, announced today the close of a $750 million construction warehouse facility. The facility will fund large scale solar and energy storage project construction totaling approximately 2 gigawatts (GW) across 15 states over the next three years. Today's announcement follows the March 2023 close of an upsizing amendment to the company's $750 million development finance facility. The new warehouse facility will fund the construction of solar, storage and colocated solar plus storage projects, with expected completion dates up to 2026. Power Purchase Agreements, serving a variety of utility and corporate clients, have been secured on all assets. Origis is in development on an industry leading clean energy pipeline which currently stands at 18 GW of solar and 36 GWh of storage capacity. The company is active in 31 states to date. "Origis is in an unprecedented growth cycle fueled by customer demand and the Inflation Reduction Act," said Guy Vanderhaegen, Chief Executive Officer & President, Origis Energy. "Advancing construction of our renewable energy pipeline is a top priority, one served by this new financing. The arrangement also demonstrates the continued trust of the financial community in our team. We thank Santander, Rabobank, and Natixis for their collaboration. Together we are delivering clean, cost-effective energy to our customers." Santander Corporate and Investment Banking was the structuring agent, green loan coordinator and coordinating lead arranger. They were joined by Rabobank and Natixis Corporate & Investment Banking, who served as coordinating lead arrangers, hedge providers, and letter of credit issuers. "Santander is very pleased to be supporting Origis with this strategic financing that will provide an efficient and innovative means of financing their project pipeline and help unlock the Company's future growth. This transaction is an example of Santander's ongoing commitment to the financing of green projects," said Andrew Platt, Head of Structured Finance US, Santander Corporate and Investment Banking. Rabobank is a premier corporate and investment bank to the food and agribusiness industries and an energy transition leader through the renewable energy sector. Natixis CIB is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide. Origis Energy is majority owned by funds managed by Antin Infrastructure Partners. Latham and Watkins represented Origis Energy in the transaction. Norton Rose Fulbright acted as lenders' counsel. About Origis Energy Origis Energy is bringing clean and cost-effective solar, energy storage and clean hydrogen solutions within reach for utility, commercial and industrial as well as public sector clients. The Origis team has worked to ensure the interests of all stakeholders are upheld in 170 projects worldwide totaling more than 5 GW to date of developed solar, energy storage and clean hydrogen capacity. Headquartered in Miami, FL, Origis Energy delivers excellence in solar, energy storage and clean hydrogen development, financing, engineering, procurement, and construction (EPC) and operations, maintenance and asset management for investors and clean energy consumers in the U.S. Visit Origis Energy here. About Antin Infrastructure Partners Antin Infrastructure Partners is a leading private equity firm focused on infrastructure. With over €30 bn in assets under management across its Flagship, Mid Cap and NextGen investment strategies, Antin targets investments in the energy and environment, digital, transport and social infrastructure sectors. With a presence in Paris, London, New York, Singapore and Luxembourg, Antin employs over 200 professionals dedicated to growing, improving and transforming infrastructure businesses while delivering long-term value to portfolio companies and investors.

Read More

Solar+Storage, Industry Updates

Mainstream Renewable Power and Ocean Winds partner on second Scotwind floating offshore wind site

PRNewswire | August 18, 2023

Mainstream Renewable Power ("Mainstream"), the global pureplay renewable energy company, and Ocean Winds, the international joint venture between EDPR and ENGIE dedicated to offshore wind energy, have partnered to develop a second ScotWind site of 500 MW east of Shetland, expanding the overall footprint of the Arven Offshore Wind Farm ("Arven") to 2.3 GW. Arven comprises two sites. The first is the 1.8 GW site east of the Shetland Islands which was awarded to the 50:50 joint venture between Mainstream and Ocean Winds as part of the ScotWind leasing process in 2022. Separately, Ocean Winds was awarded a 500 MW site in the same NE1 block. Mainstream has now completed its acquisition of a 50% shareholding in Ocean Wind's holding company and the two sites are now being developed jointly to maximise their potential. Mainstream and Ocean Winds have a longstanding partnership. The companies are currently developing a 1.2 GW floating offshore wind farm in South Korea and are in a consortium for the upcoming Utsira Nord floating offshore wind tender in Norway. By extending this partnership and developing the two sites off Shetland, Mainstream and Ocean Winds will leverage their combined expertise to maximise benefits for Shetland and Scotland, create supply chain opportunities and jobs, whilst contributing to the UK's net zero ambition. The partners have commenced early-stage local engagement, meeting with supply chain partners, local authorities and fisheries representatives. Adam Morrison, UK Country Manager for Ocean Winds, said "The collaboration between Ocean Winds and Mainstream Renewable Power marks a significant milestone, combining our expertise and resources to develop our largest floating offshore wind farm to date. This experienced partnership will capitalise on delivery experience both in Scotland and internationally. "We have already commenced surveys and a programme of early local engagement, including the fishing industry, and we are committed to working closely with the local community in developing this larger Arven project, which will be a significant driver for the energy transition." Tove Røskaft, Head of Offshore Wind for Mainstream, said "Arven offers a unique combination of scale, world-class wind resource and routes to market which enable it to deliver a range of compelling benefits for the good of Shetland, Scotland and the UK. "Mainstream has a solid track record in Scotland and the UK, having successfully developed the Neart na Gaoithe and the Hornsea zone which is the world's largest offshore wind farm in operation. This remains a core offshore wind market for Mainstream and we look forward, together with Ocean Winds, to continuing our engagements with Crown Estate Scotland and other key stakeholders." About Arven Offshore Wind Farm The Arven Offshore Wind Farm ("Arven") is a floating offshore wind project composed of two sites: one 1.8 GW site in the NE1 area east of the Shetland Islands, and another 500 MW site located to the south. Once operational, Arven has the capacity to generate enough energy to power up to two million homes. Arven is being developed by a joint venture between Mainstream Renewable Power and Ocean Winds under a 50:50 joint venture. About Ocean Winds Ocean Winds (OW) is an international company dedicated to offshore wind energy and created as a 50-50 joint venture, owned by EDP Renewables and ENGIE. Based on our belief that offshore wind energy is an essential part of the global energy transition, we develop, finance, build and operate offshore wind farm projects all around the world. About Mainstream Renewable Power Mainstream Renewable Power ("Mainstream") is a leading pure-play renewable energy company with a presence across Europe, Latin America, Africa, and Asia-Pacific, and the company has a global portfolio of 20.8 GW at Q2, 2023. In May 2021, Norway-based Aker Horizons acquired a majority stake in Mainstream and, in April 2022, Japan-based Mitsui & Co., Ltd. joined Aker Horizons as a long-term strategic investor. In addition to bringing forward industrial-scale onshore wind and solar projects around the world, we are advancing gigawatt-scale offshore wind projects in Vietnam, South Korea, Norway, Ireland, the UK, Sweden and Australia. About Aker Horizons Aker Horizons develops green energy and green industry to accelerate the transition to Net Zero. The company is active in renewable energy, carbon capture and hydrogen and develops industrial-scale decarbonization projects. As part of the Aker group, Aker Horizons applies industrial, technological and capital markets expertise with a planet-positive purpose to drive decarbonization globally. Aker Horizons is listed on the Oslo Stock Exchange and headquartered in Fornebu, Norway. Across its portfolio, the company employs approximately 1,100 people in 18 countries on five continents.

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