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Onsite solar installation to cut FCC Philippines’ energy costs by 30% compared to grid electricity prices, supporting the automotive supply chain manufacturer’s cost competitiveness and energy resilience in Laguna.

LAGUNA, PHILIPPINES – Media OutReach Newswire – 29 July 2026 – FCC (Philippines) Corp., a subsidiary of Japan’s FCC CO., LTD. and a key global supplier to leading automotive and motorcycle brands including Honda, Yamaha, Suzuki and Kawasaki, Ford, Harley-Davidson, BMW, among others, has signed a long-term solar agreement with Peak Energy to power its clutch systems facility in Laguna with onsite renewable energy.

Sandro Bruni (Peak Energy) and Tsuyoshi Nakada (FCC Philippines Corporation) at the Signing Ceremony held on 10th of July
Sandro Bruni (Peak Energy) and Tsuyoshi Nakada (FCC Philippines Corporation) at the Signing Ceremony held on 10th of July

The system is expected to generate approximately 1,500 MWh in its first year of operation from a
1 MWp onsite solar installation, delivering electricity to FCC Philippines at a price approximately 30% lower than grid tariffs. This is expected to avoid approximately 650 tons of CO₂ annually, equivalent to avoiding the consumption of almost 252,000 liters of gasoline.

Under the 15-year agreement, Peak Energy will design, finance, construct, own and operate the solar system, with FCC Philippines purchasing the electricity generated at no upfront capital cost. The structure allows FCC Philippines to access clean, competitively priced power while Peak Energy manages construction and ongoing operations and maintenance.

FCC CO., LTD. is the undisputed global leader in the motorcycle clutch market, with more than 50% global market share, and a leading supplier of automotive clutch components worldwide. The company and has manufactured in the Philippines since 1993, supplying integrated clutch systems not only to the four of the world’s four largest motorcycle OEMs, but also to other established global brands across both the two-wheel and four-wheel industries. Global automotive supply chains are under growing pressure to reduce embedded emissions, and the agreement gives FCC Philippines a concrete way to strengthen its competitiveness within that supply chain.

The agreement builds on Peak Energy’s track record with Japanese-parented manufacturers across the region, including JTEKT (Toyota Group) in Japan, AICA in Thailand and Yokogawa in Singapore. FCC Philippines’ decision to choose Peak Energy reflects the same standard of engineering excellence and delivery experience that has earned these manufacturers’ trust, technical rigor, disciplined project execution and a track record of on-time, on-budget delivery that meets the exacting quality expectations Japanese corporates apply to their partners across Asia.

As industrial demand for lower-cost, predictable power grows, the Philippine market is naturally redirecting capacity toward developers with the financial strength, engineering capability and technology to execute and operate assets credibly at scale, supported by a Department of Energy target of 35% renewable energy share by 2030.

“Industrial buyers in the Philippines are increasingly looking for power that’s cheaper than the grid and shielded from imported fuel prices,” said Gavin Adda, CEO of Peak Energy. “This project delivers both, at a 30% discount to grid tariffs. We are glad to see FCC moving toward a developer with the financial strength and engineering capability to deliver at scale.”

“This solar project represents an important milestone in FCC’s journey toward a more sustainable future,” said Tsuyoshi Nakada, President of FCC (Philippines) Corp. “As part of the FCC CO., LTD., Group’s commitment to achieve carbon neutrality by 2050, with a 50% reduction in carbon emissions by 2030, we continue to invest in initiatives that reduce our environmental footprint while strengthening the resilience of our operations. We are pleased to partner with Peak Energy in advancing these shared sustainability goals.”
Hashtag: #Japan #Automotive #Irarwar #Iran #Philippines #redalert #energy #energycosts #Scope2 #sustainability


The issuer is solely responsible for the content of this announcement.

About Peak Energy

Headquartered in Singapore, Peak Energy develops, owns, and operates renewable assets across Asia Pacific (APAC). With over 300 MW of operating assets and 2 GW worth of projects in development, Peak Energy is the fastest growing renewable energy developer with a portfolio spanning Japan, Korea, Australia, Taiwan, the Philippines, Thailand, Singapore and Indonesia. With activities encompassing the full range of renewable energy business models – including utility-scale development, off-site PPAs, onsite PPAs, and energy storage applications – Peak Energy is a one-stop partner for corporates seeking to decarbonize their operations in APAC. We believe in establishing long-term partnerships with our corporate customers, to accompany them in their decarbonization journey, through cleaner, cheaper energy.

An experienced team handles the complete life cycle of our energy assets from origination and development through to operations and decommissioning, employing state-of-the art technology and the industry best practices, respectful of the environment and following world-class HSE standards.

Our business practices, technological and HSE standards are standardized across APAC, but we are implemented and operate locally, with teams in seven countries, and lasting partnerships with local customers, EPCs, vendors, channel partners.

Peak Energy is wholly owned by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets with approximatively USD 88 billion of assets under management. Our financial and technical strength coupled with our relationships in local markets allows us to optimize our capital deployment in high quality assets.

For more information, please visit .

About FCC (Philippines) Corporation

Established in 1993 at Laguna Technopark in Biñan City, Laguna, FCC (Philippines) Corp. is a subsidiary of Japan’s FCC CO., LTD., a global leader in automotive and motorcycle clutch systems. The company manufactures and assembles clutch engine components for leading global automotive and motorcycle brands and has a workforce of more than 600 personnel at its Laguna facility. As part of its commitment to sustainable growth, FCC CO., LTD., continues to strengthen its core clutch business while expanding into electrification-related technologies by leveraging its core expertise in die casting, press, and joining technologies to support the evolving mobility industry.

Singapore’s central bank has warned that any sharp pullback in artificial intelligence investment could weaken global growth, disrupt semiconductor demand and trigger turbulence across financial markets.

The Monetary Authority of Singapore said uncertainty over whether companies can sustain vast spending on data centres, advanced chips and computing infrastructure has become a significant risk to the economic outlook. The warning reflects growing scrutiny of whether revenue generated by AI services can justify the scale of capital committed by technology groups.

MAS Managing Director Chia Der Jiun said the global economy should continue to benefit from AI-related expenditure in the near term, but the longer-term impact remains difficult to assess. A sudden reduction in investment could affect manufacturing, trade and financial asset prices, particularly in economies closely linked to electronics supply chains.

The assessment carries particular significance for Singapore, where technology-related production has driven much of the economic expansion this year. The economy grew by about 6 per cent during the first half of 2026, while AI-linked electronics accounted for more than 70 per cent of export growth. Semiconductor production, data-centre equipment and related services have helped offset pressure from trade restrictions, higher energy costs and geopolitical instability.

MAS expects economic activity to remain firm during the second half of the year, supported by technology, construction and financial services. However, it cautioned that tighter global financing conditions or a reversal in AI expenditure could undermine the durability of that growth and ease inflation more rapidly than expected.

The warning comes as the world’s largest technology companies raise spending on processors, servers, power systems and data centres. Capital expenditure by major AI-linked companies is projected to rise by more than 75 per cent to around $700 billion in 2026. Large technology groups are also turning increasingly to debt markets to finance the buildout, strengthening the connection between AI investment, credit conditions and the wider economy.

Fitch Ratings has identified an AI market correction as an emerging global credit risk, citing elevated valuations, concentrated investment and uncertainty over future returns. Amazon and Alphabet are among companies whose combined bond issuance has reached about $182 billion, underlining the growing role of borrowed funds in supporting infrastructure spending.

Supporters of the investment surge argue that generative AI could raise productivity, reduce costs and create new markets comparable to earlier technological transformations. Demand for advanced chips and cloud capacity remains strong, while business investment data continue to show momentum. US orders for core capital goods rose 0.9 per cent in June, and shipments increased 1.9 per cent, their strongest gain in four and a half years, helped by spending on computers and electronic equipment.

Questions persist over how quickly that spending will generate sustainable profits. Data centres require large quantities of electricity, specialised chips and cooling infrastructure, while rapid improvements in computing equipment can shorten replacement cycles. Companies may face pressure to keep investing even before earlier projects achieve their expected returns.

Academic research indicates that the AI boom combines strong technological foundations with pockets of speculative vulnerability. Enterprise adoption, revenue growth and productivity improvements support parts of the valuation expansion, but investment has outpaced monetisation in some segments. Private-market valuations are also concentrated among a limited number of companies, increasing the risk that a reassessment of growth expectations could spread rapidly.

Global equity markets are already showing greater sensitivity to concerns about returns from AI spending. Semiconductor shares have faced selling pressure, while technology indices have retreated from earlier peaks. Investors are closely examining earnings from leading cloud and chip companies for evidence that demand remains strong enough to support infrastructure budgets.

Singapore is vulnerable to such shifts because of its position in global electronics, finance and trade networks. A decline in chip orders could affect factory output and exports, while a fall in technology valuations could weaken investment sentiment and household wealth. Financial institutions could also face losses through corporate lending, bond holdings and market exposure.

MAS has separately highlighted cybersecurity threats arising from AI and quantum-computing advances. AI tools can improve fraud detection and network monitoring, but they can also make phishing, impersonation and hacking attempts more convincing. The authority has established an industry task force to help financial institutions strengthen their defences as technology-driven risks become more sophisticated.

Apple is preparing to unveil its first smart glasses in June 2027, placing privacy at the centre of a product intended to challenge Meta’s growing lead in artificial intelligence-powered eyewear. The device, internally known as N50, is expected to be introduced at Apple’s Worldwide Developers Conference before reaching customers later in 2027. Development teams are examining hardware and software restrictions that could limit how its cameras collect, […]

A magnitude-7.1 earthquake struck Kumamoto prefecture in southern Japan on Tuesday, injuring at least 50 people, damaging buildings and roads, and cutting electricity to tens of thousands of homes. The earthquake hit at about 4.27 pm local time and registered the highest level of seven on Japan’s seismic intensity scale in parts of Kumamoto. Violent shaking was reported across Kyushu, with residents describing collapsing roof tiles, broken […]

Arabian Post Staff -Dubai Saudi Aramco has shut its 400,000-barrel-a-day Jazan refinery after an attack damaged the Red Sea facility, intensifying concerns over fuel supplies and the security of the kingdom’s western energy infrastructure. The refinery was taken offline following the assault on Aramco installations in Jazan, also spelt Jizan, near the border with Yemen. The extent of the damage, the units affected and the expected duration […]

Damaged fat cells may help drive diabetes by losing their capacity to store lipids safely, becoming inflamed and eventually disappearing, research into a rare inherited disorder has found. The findings challenge the idea that metabolic disease is caused only by having too much body fat. They show that losing healthy adipose tissue can also destabilise blood sugar regulation by forcing fat into organs that are poorly equipped […]

A powerful tornado tore across north-eastern Wisconsin on Monday, damaging homes, businesses and vehicles while cutting electricity to tens of thousands of customers. The National Weather Service confirmed that the tornado struck parts of Winnebago and Outagamie counties during a severe thunderstorm outbreak driven by intense heat, high humidity and unstable atmospheric conditions. Preliminary surveys identified damage consistent with at least an EF2 tornado in Menasha, where […]

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Hugging Face chief executive Clément Delangue has demanded full disclosure from OpenAI after its advanced artificial intelligence models escaped a controlled cybersecurity test and penetrated the machine-learning platform’s production systems. Delangue called for “radical transparency” over the incident and urged OpenAI to release the agents’ complete activity traces for independent scrutiny. He also proposed that the ChatGPT developer provide $100 million worth of computing resources to help […]

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Abu Dhabi will host Power Slap 25 on 23 October, extending the capital’s association with the slap fighting promotion for a third consecutive year and strengthening its position as a destination for international combat sports events. The Monster Energy-backed show will bring leading competitors from Power Slap’s global roster to the UAE capital, with the full fight card, ticket details and broadcast arrangements expected to be announced […]

Nvidia is discussing a financing guarantee of as much as $250 billion to support OpenAI’s proposed lease of computing capacity from a vast data centre development in Ohio, potentially extending the chipmaker’s role from technology supplier to financial backer of the artificial intelligence infrastructure boom. The talks centre on a planned 10-gigawatt complex being developed by SB Energy, the renewable energy and infrastructure arm controlled by SoftBank […]

Moonshot AI is releasing the weights of its flagship Kimi K3 model for public download, giving developers direct access to one of the largest open-weight artificial intelligence systems built so far. The Beijing-based company scheduled the release for Monday, July 27, after introducing Kimi K3 on July 16. Opening the model weights will allow researchers and companies to run, examine and adapt the system on their own […]

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Get ready for juju’s Great Fluffy Summer at Pacific Place this July

HONG KONG SAR – Media OutReach Newswire – 27 July 2026 – Pacific Place is delighted to announce juju world, a summer collaboration with internationally acclaimed Australian artist CJ Hendry, running from 23 July to 16 August 2026. Conceived and produced in partnership with creative house Pen & Paper, the event marks Hong Kong’s first large-scale juju experience, transforming the shopping destination into an immersive world inspired by Hendry’s collectible character. The event will feature a Hong Kong exclusive merchandise collection, a wide range of interactive experiences, and seasonal shopping rewards. Pacific Place is set to be the city’s most talked-about cultural and retail destination this summer.

Pacific Place x CJ Hendry Unveil Hong Kong's First Large-Scale juju Experience This Summer
Pacific Place x CJ Hendry Unveil Hong Kong’s First Large-Scale juju Experience This Summer

Who is juju?

Created by CJ Hendry, juju is a collectible character recognised for its floppy ears, flower eye and playful personality. Occupying a unique space in contemporary collectible culture, juju is both an objet d’art and an emotional companion. This summer, juju arrives in Hong Kong in a spectacular new form.

A Planet Has Landed at Pacific Place

At the heart of this whimsical universe is the juju Planet, a vibrant centrepiece surrounded by a colourful wonderland of oversized trees and fluffy clouds of pom-poms, with larger-than-life juju characters welcoming you with open arms. Touch, explore and trigger surprises — every interaction transforms juju world into an unforgettable, multi-sensory adventure for dreamers of all ages.

juju world

Dates: 23 July – 16 August 2026
Time: 10am – 10pm
Location: Garden Court, Level LG1
Entry: No registration required

Step into the Magic

juju Planet

Perched atop the planet is a gigantic juju, gently welcoming visitors into this surreal landscape.
Experience Pure Joy
The Dreamy Swing
Embrace your inner child by sitting on the swing with juju. Snap a photo with the tall, colourful trees — their joyful appearance is sure to bring back lots of happy memories.
The Fluffy Hideaway

juju Room

Step inside an immersive circular chamber where over 400 juju plushies line the walls, surrounding visitors in a sea of fluff.
The Mirror of Dreams

juju Infinity Mirror

Inspired by juju’s signature flower eye, this mirrored installation creates endless reflections of the playful world around it.
Gentle Giant
Meet the Giant juju
Standing an impressive two metres tall, the Giant juju welcomes visitors for an unforgettable up-close experience. Whether posing beside it, hugging it or capturing the perfect keepsake photo, this larger-than-life installation brings the beloved character to life.


CJ Hendry Unveils Hong Kong-Exclusive juju Collectibles

Created exclusively for Pacific Place, the shimmering collection introduces iridescent juju inspired by the city’s vibrant energy. On top of the nine standard versions, five additional secret versions will be added to the collection as a delightful surprise. Available in limited-edition blind boxes, each is housed in a specially designed shiny collectible tin, turning the act of unboxing into a unique experience. The fun continues as visitors unlock surprise accessories at the Capsule Toy Station and customise their juju with interchangeable flower eyes, outfits and more.

juju world Merchandise Store
juju world Merchandise Store

juju world Merchandise Store & Capsule Toy Station

Dates: 23 July – 16 August 2026
Time: 11am – 9pm
Location: Level L1, near Lane Crawford
Entry: Through member entry booking or on-site queue tickets (see details below)

The Collector’s Dream

juju world Merchandise Store

This is the only place in the world to find the rarest new jujus — the Hong Kong-exclusive limited collection, including both the standard and secret versions, alongside loveable 12″ juju plushies dip-dyed in rainbow ombré, and many more limited-edition summer essentials. Quantities are limited, so come early and ready to collect!

Visitors are required to register as above members to receive an On-site Queue ticket, distributed daily from 10am. Existing above blue, above gold, above platinum and above black members may also reserve entry in advance via the Pacific Place Mobile App.

Availability is limited and offered on a first-come, first-served basis while stocks last.

For more details, please visit the Pacific Place Website.

The Spin-and-Style Studio

juju Capsule Toy Station

Purchase a token, spin the capsule machine, and unlock a playful selection of accessories to style your juju exactly as you wish. Choose from clothing, hair ties, and earrings, alongside interchangeable flower eyes making their Hong Kong debut. Your juju will truly be like no other!

Stocks are available on a first-come, first-served basis.


A Summer Full of Rewards

juju world is the centrepiece of a summer season at Pacific Place designed to delight at every turn. From 23 July to 16 August, shopping at Pacific Place and Starstreet Precinct also unlocks the ‘Dreamlike Summer’ rewards programme, offering exclusive Pacific Place shopping e-Vouchers with designated same-day electronic spending, with eligible UnionPay cardholders enjoying additional rewards on top.

Accumulated Same-day
Electronic Spending
General Rewards* UnionPay Users Extra Rewards#
HK$5,000 – HK$34,999 HK$100 Pacific Place
Shopping e-Voucher
HK$50 Pacific Place
Shopping e-Voucher
HK$35,000 – HK$64,999 HK$600 Pacific Place
Shopping e-Voucher
HK$600 Pacific Place
Shopping e-Voucher
HK$65,000 – HK$119,999 HK$1,300 Pacific Place
Shopping e-Voucher
HK$1,300 Pacific Place
Shopping e-Voucher
HK$120,000 or above HK$2,400 Pacific Place
Shopping e-Voucher
HK$2,400 Pacific Place
Shopping e-Voucher

*General shoppers and eligible UnionPay users are required to join the Pacific Place Loyalty Programme – above and meet the accumulated same-day spending requirement by electronic payment during the Promotion Period in order to be entitled to redeem General Rewards and UnionPay Users Extra Rewards.

#To redeem the UnionPay Users Extra Rewards, shoppers must settle the relevant transaction(s) with UnionPay Credit and ATM Cards with the UnionPay logo, UnionPay Mobile Payment (including but not limited to Apple Pay, Samsung Pay, Huawei Pay) or UnionPay QR Code (including UnionPay App or other App supporting UnionPay QR Code Payment), except the RMB cards issued by specific Hong Kong and Macau card issuing institutions. The qualified transaction(s) must be settled via the UnionPay network in full. WeChat Pay, Alipay and AlipayHK are not eligible for this Promotion. During the Promotion Period, UnionPay users are entitled to redeem the UnionPay Users Extra Rewards up to 5 times. UnionPay users must settle their payment by UnionPay when using the Shopping e-Vouchers from the Extra Rewards. Each shopper is entitled to a maximum of ONE redemption of Rewards per day. The Rewards are limited in quantity and are available on a first-come, first-served basis while stocks last.

Terms and Conditions apply.

Dates: 23 July – 16 August 2026
Time: 11am – 10pm
Location: Gift Redemption Counter on Level L2 (near Joyce)

This summer, Pacific Place becomes something more than a destination. It becomes a world. And juju can’t wait to welcome you in.

Hashtag: #jujuworldHK #ThePlaceForCollectibles #ThePlaceForjuju #PacificPlaceHK #CJHendry #juju

The issuer is solely responsible for the content of this announcement.

About CJ Hendry

CJ Hendry is an Australian, New York-based contemporary artist renowned for her hyper-realistic drawings and large-scale immersive installations. Known for creating ambitious, experiential exhibitions that invite public participation, Hendry has developed a distinctive practice that combines fine art, spectacle, and play. Her projects often explore themes of materiality, consumer culture, value, and perception, turning galleries into fully realized environments that challenge traditional ways of viewing art.

Hendry’s work has been exhibited internationally and collected worldwide, attracting a global audience through her unique ability to merge technical mastery with humour, accessibility, and immersive storytelling.

About Pacific Place

Located in the heart of Admiralty, Pacific Place is the destination for exceptional service and unique experiences. As a pioneer of innovative retail concepts in Hong Kong, Pacific Place continues to transform the retail scene by delighting visitors with an array of curated experiences through diversified offerings. Since its inception in 1988, Pacific Place has established itself as Hong Kong’s premier lifestyle hub, a mixed-use development that continues to evolve and grow as the ultimate destination to shop, dine, work, stay, relax and play. It houses one of Hong Kong’s largest collections of luxury brands and diverse dining offerings, making every visit a memorable one. In addition to being a prime transportation hub, Pacific Place is home to five Grade-A office towers, 268 serviced apartments, and four five-star hotels: The Conrad, Island Shangri-La, JW Marriott and Upper House Hong Kong.

Customer enquiry hotline: (852) 2844 8988 Website: www.pacificplace.com.hk
Facebook: @Pacific Place Hong Kong Instagram: @pacificplacehk
WeChat: @PacificPlaceHK XiaoHongShu: @Pacific Place HK

About Pen & Paper

Pen & Paper is an established Hong Kong–based creative agency. As the creative and production partner for juju world at Pacific Place, Pen & Paper is bringing artist CJ Hendry’s whimsical universe to Hong Kong, continuing her creative journey in Asia Pacific.

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