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Smart Cities to $2 Trillion by 2025

Frost & Sullivan’s experts anticipate that smart cities will create huge business opportunities with a global market value of over $2 trillion by 2025. Artificial intelligence, personalized healthcare, robotics, and distributed energy generation are among the technologies that will drive growth, efficiency, connectivity, and urbanization in the future, according to Frost & Sullivan’s studies. “The c ...

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Asia’s Fuel Cell Market Continues to Grow

The global fuel cells market is envisaged by seasoned analysts to grow in prominence due to the need to replace conventional sources of electric energy and rising demand for green energy technology. Besides being a clean source of electric energy, fuel cells are considered to be more efficient than combustion engines. Their supply of emission-free power has earned them a speedily growing demand in commercia ...

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Tesla Turns 50,000 Homes into Power Plants

Some 50,000 homes in South Australia will receive solar panels and Tesla batteries, the state government announced on Sunday (Feb 4), in a landmark plan to turn houses into a giant, interconnected power plant. South Australia is already home to world's biggest battery in an Elon Musk-driven project to provide electricity for more than 30,000 homes. The state government has since been looking for more ways - ...

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Will Malaysia Win Asia’s Smart City Race?

THE emerging trend of countries progressing towards smart cities is ever-growing. The all-encompassing aim of a smart city is to enhance the quality of living for citizens through smart technologies. And with an estimation that 66 percent of the world’s population will be living in cities by 2050, the importance of creating an improved system is crucial. Through the enabling of local development and harness ...

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Hyundai’s New HFC SUV at CES

As car manufacturers battle to dominate the lithium-ion-powered e-vehicle scene, Hyundai has decided to go against the flow by unveiling its newest hydrogen fuel cell SUV at CES 2018. On Monday, the South Korean automaker, Hyundai, introduced its latest car model at CES 2018 in Las Vegas. However, instead of equipping it with the now popular lithium-ion car battery, the company’s newest utility vehicle is p ...

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Black & Veatch Launch Atonix Digital

NEWS ANNOUNCEMENT Atonix Digital™ to provide data-driven infrastructure solutions New Black & Veatch company focuses on data analytics to drive efficiency OVERLAND PARK, Kan. (5 January 2018) -- Responding to the widening importance of Big Data analytics across the global business landscape, leading engineering, construction and consulting company Black & Veatch today launched Atonix Digital ...

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Digital Power Saves Billions – GE

A common saying suggests “you can never have too much of a good thing”, but this is not true when it comes to supplying electricity. In fact, oversupplying electricity to a particular district can lead to enormous wastage. Unlike money, excess electricity is not easily stored in wallets and banks. To ensure grid stability, unused electricity is often unloaded into the ground and subsequently lost. According ...

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Japan focuses on HRS for FCV

As a result of discussions that began in May 2017, the following 11 companies have signed an agreement to form a new company in the spring of 2018, aimed at the full-fledged development of hydrogen recharging stations (HRS) for fuel cell vehicles (FCV): Toyota Motor Corporation, Nissan Motor Co Ltd., Honda Motor Co Ltd., JXTG Nippon Oil & Energy Corporation, Idemitsu Kosan Co Ltd., Iwatani Corporation, ...

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Thailand urged to harness clean & smart power solutions

A new report says Thailand can enjoy a ‘complete economic transformation’ by integrating more renewable energy. Produced by the International Renewable Energy Agency (IRENA) and the Ministry of Energy of Thailand, the paper points to potential savings for the country of over US$9 billion annually by 2036. To achieve this, and 37% clean power in its energy mix by 2036 – a quarter higher than current targets, ...

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CHEM Supplies Vodafones Base Station Power in India

Chung-hsin Electric and Machinery Manufacturing Corp (CHEM, 中興電工) has signed a 10-year, US$100 million deal with Vodafone Group PLC to supply electricity for the UK telecom’s base stations in northeastern India, a company executive said yesterday. “The deal marks significant progress for the company after it entered the Indian market two years ago,” CHEM chief strategy officer and chief operating officer Jo ...

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