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 ...

Rolls-Royce and Woodward, Inc. Announce Agreement for Woodward to Acquire L’Orange, a World Class Fuel Injection Systems Technology Company 9 April 2018 Rolls-Royce (London: RR.) and Woodward, Inc. (NASDAQ: WWD) jointly announced today that they have signed an agreement for Woodward to acquireL’Orange GmbH and its related operations located in Germany, the United States and China (“L’Orange”), for an enterp ...

Singapore's StarHub has announced a new joint initiative with renewable energy startup Sunseap to enter Singapore's open electricity market. The two companies will collaborate on areas including customer service, billing and sales and explore opportunities in the smart energy and IoT segments. The Singapore government is working to liberalize the retail electricity market by the second half of the year, sta ...

Solar Philippines has completed the largest solar-battery micro-grid in Southeast Asia, the company said on Monday. The  micro-grid was built in Paluan, Occidental Mindoro. With 2 megawatts (MW) of solar panels, 2 megawatt hours (MWh) of batteries, and 2 MW of diesel backup, the micro-grid “is designed to supply reliable power 24 hours a day, 365 days a year, at 50 percent less than the full cost of the loc ...

ROLLS ROYCE POWER SYSTEMS AND FORCE MOTORS SIGN JV FOR ENGINES AND SYSTEMS   'Force MTU Power Systems' to set up new facility in Chakan Production of MTU Series 1600 engines and power generation sets First MTU Series 1600 engine to be delivered in summer 2019   PUNE, INDIA - FRIEDRICHSHAFEN, GERMANY – Rolls-Royce Power Systems and Pune-based vehicle manufacturer Force Motors today signed an agreem ...

Nepal’s new communist prime minister will restart a Chinese-led US$2.5 billion hydropower project that was pulled by the previous government considered friendly towards India, and wants to increase infrastructure connectivity with Beijing to ease the country’s reliance on New Delhi. He also wants to “update” relations with India “in keeping with the times” and favours a review of all special provisions of I ...

Australia may become major Asia-Pacific energy provider and supply the energy needed for growing local economies, according to the International Energy Agency (IEA). The document states that the country, together with the United States, will be among the leading countries exporting liquid gas. The country is a major coal exporter, but it is also making efforts to meet its long-term climate targets. These in ...

Indonesia is forgoing billions of dollars on offer from American companies eager to invest in South-east Asia's biggest economy, United States Ambassador to Indonesia Joseph Donovan said. As the US tries to arrest a deteriorating trade balance with Indonesia, which last year found itself in President Donald Trump's cross-hairs, Donovan has also rejected complaints of increasing American protectionism. Indon ...

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 ...

Japan task force echoes foreign minister calls to back renewables over coal, nuclear An energy task force advising Japan's foreign minister has proposed boosting renewable energy and shifting away from coal-fired and nuclear power at home, arguing the country's energy policies are outdated and undermine its global competitiveness. TOKYO,: An energy task force advising Japan's foreign minister has proposed b ...