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Blockchain was Ranked Largest Fintech Sector in Hong Kong Last Year: Report

Blockchain or distributed ledger technology (DLT) firms have been dominating Hong Kong’s startup sector. Last year, enterprise DLT and crypto-assets exchanges were ranked the most popular sectors in Hong Kong’s Fintech industry. This, according to a report from the Financial Services and Treasury Bureau which revealed that blockchain startups…

Why Nigeria’s power sector privatisation is not working – GENCOs

Electricity generation companies in Nigeria, GenCos, on Sunday, blamed the federal government for the current poor state of the privatised power sector. The GENCOs were reacting to a call by Senate President Ahmad Lawan for the review of the privatisation exercise for failing to deliver on its objectives. The Executive Secretary of the Association of…

Digital Assets Ecosystem Will Be Powered By End-To-End Standards

The InterWork Alliance (IWA) was launched last week. The aim of IWA is to create standards for a token-powered economy. Today, there is healthy innovation in the creation of tokens. These tokens are often marooned in platforms with no way to interwork with other tokens or payment systems or existing financial market infrastructure…

Beyond net metering: alternative solar power subsidies around the world

Net metering is an effective and straightforward measure to minimise the upfront costs of new solar installations, but its critics point out that it places a burden on power utilities. With the US state of Utah looking to move on from net metering, we profile some alternative solar subsidies around the world. While few doubt the environmental…

Four new renewable energy projects in South Africa receive support from MIGA

Four new renewable energy power plant projects for South Africa have received support totaling US $116m from the Multilateral Investment Guarantee Agency (MIGA), a subsidiary of the World Bank Group which recently released the guarantees. The future plants, with a combined installed capacity of 288 MW, will be constructed and developed by…

More Solar Panels For Busways

New South Wales bus operator Busways has expanded its solar capacity with a new system installed at its Kincumber depot near Gosford on the state’s Central Coast. A 99.6kw commercial solar system has been installed on the workshop roof and Busways says on average, 90 percent of the depot’s power now comes from the sun…

These trials are a crucial step towards this goal and will provide us with important findings about future infrastructure and energy needs.

Elizabeth Mildwater, Transport NSW Deputy Secretary, Greater Sydney

Big Oil, Big Problems: Climate Change Agenda Is Here To Stay

Could anyone predict a mere ten years ago the problem for oil would be finding a way to store out rather than use it? Despite the recovery in oil prices, it is difficult to paint an optimistic picture about the fundamental prospects of energy, such as Exxon Mobil (XOM), Chevron (CVX), Shell (NYSE:RDS.A) (NYSE:RDS.B) and BP (BP). Both upstream and…

There’s one segment of electric vehicles even Tesla is late to — everyone from Amazon to automakers is racing to build the perfect electric delivery van

Move over trucks and crossover SUVs, there’s a new hot vehicle in town, and it’s not what you might have guessed. With cities becoming more congested, increasing emissions rules, and an uptick in-home delivery thanks to the coronavirus, electric delivery vans are set to take center stage, according to Morgan Stanley. And it’s more than just…

Delivery vans have highly predictable routes, conduct high-value services, operate at a high utilization, and generally stay within a specific geographic area. All of which fits well within EV infrastructure and charging ecosystems which enable their full economic use.

Adam Jonas, the bank’s autos analyst

Wind power on horizon

An 80MW wind power investment project in Kampot province will be ready to deliver electricity as soon as the developer completes negotiating a power purchase agreement with state-run electricity supplier Electricite du Cambodge (EdC). Ministry of Mines and Energy spokesman Victor Jona on Sunday said the developer, The Blue Circle…

I’ve heard that the company is planning to invest in hundreds of megawatts of wind power in Vietnam.

Ministry of Mines and Energy spokesman Victor Jona

Nanograf’s CEO sheds light on the company’s latest graphene battery materials, progress and future plans

NanoGraf Technologies is a U.S-based battery material startup formerly known as SiNode Systems, established in 2012 to commercialize a novel graphene-enhanced silicon-based anode tech for lithium-ion batteries originally conceived at Northwestern University. NanoGraf Technologies is a U.S-based battery material startup…

Our patented silicon-graphene composite allows a lithium-ion battery to be 30% more energy-dense, and to run up to 30% longer. To use a real-world example: An electric car today can last about 350 miles (563 km) before needing to be recharged. With our technology, that same battery will power the car for 460 miles (740 km), which is a significant improvement considering the range anxiety many consumers have.

Dr. Francis Wang, Nanograf’s CEO

Dubai’s Renewable Energy Share in its Power Mix Exceeds Target

The Dubai Electricity and Water Authority (DEWA) has announced that the share of renewable energy in Dubai’s Energy mix has increased to nearly 9%. This exceeds the target set in the Dubai Clean Energy Strategy 2050, which aims to provide 7% renewable energy out of the total power output by 2020 and 75% by 2050…

We recently signed the power purchase agreement for the 900 MW fifth phase of the solar park with a consortium led by ACWA Power and Gulf Investment Corporation. The total investments of the project exceed AED 2 billion (~$544.5 million). The project achieved a new record by receiving the lowest international bid of $0.017 (~₹1.28)/kWh using solar panels based on the Independent Power Producer (IPP) model.

Saeed Mohammed Al Tayer, MD & CEO of DEWA

Ethereum 2.0: The Much Awaited Staking Upgrade to Ethereum

After the halving event in May 2020, another event is creating a buzz in the Blockchain Technology. It is the launch of the second version of Ethereum, popularly known as Ethereum 2.0 (Eth 2.0). Though Ethereum has not been in the market for a long time, this ever-evolving trade demands for an upgrade. Ethereum, launched in 2015 is an internet…

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