New energy

Committed to Empowering Customers' Transition to Net Zero, INNIO Opens Two Training Centers in China

Retrieved on: 
Tuesday, April 18, 2023

GUANGDONG, CHINA, Apr 18, 2023 - (ACN Newswire) - INNIO Group today announced that it opened two new training centers in China's Guangdong Province.

Key Points: 
  • GUANGDONG, CHINA, Apr 18, 2023 - (ACN Newswire) - INNIO Group today announced that it opened two new training centers in China's Guangdong Province.
  • "The Training Centers will complement INNIO's global customer support capabilities - bringing our existing training capabilities closer to China."
  • Students at the new local Training Centers will receive on-the-ground mechanical & electrical training courses for all series of Jenbacher products - T3/T4/T6/J624 - in China locally.
  • While both Training Centers are new, the 400 m2 Jenbacher China Training Center in Dongguan City is located at the site of INNIO's authorized distributor-Camda New Energy Equipment Co., Ltd.

DENSO Develops Its First Inverter Using SiC Power Semiconductors

Retrieved on: 
Monday, April 3, 2023

KARIYA, JAPAN, Apr 3, 2023 - (JCN Newswire) - DENSO CORPORATION announced that it has developed its first-ever inverter with silicon carbide (SiC) semiconductors.

Key Points: 
  • KARIYA, JAPAN, Apr 3, 2023 - (JCN Newswire) - DENSO CORPORATION announced that it has developed its first-ever inverter with silicon carbide (SiC) semiconductors.
  • SiC power semiconductors consist of silicon and carbon that significantly reduce power loss compared with silicon (Si) power semiconductors.
  • The verification of cruising test in a certain condition, which test was performed by BEV consisted of SiC semiconductor inverters, demonstrated inverters with SiC power semiconductor reduce power loss less than half of ones with Si semiconductor.
  • Key elements of developing the new inverter:
    - SiC power semiconductors with DENSO's unique trench-type metal-oxide-semiconductor (MOS) structure(1) improve the output per chip due to reducing the power loss caused by heat generated.

KANEKA: “Development of Polymer Synthesis Technology by Microorganisms using CO2 as Direct Raw Material” selected as a NEDO Green Innovation Fund Project”

Retrieved on: 
Friday, March 31, 2023

During the project period (FY2023 to FY2030), the following three themes will be addressed.

Key Points: 
  • During the project period (FY2023 to FY2030), the following three themes will be addressed.
  • Development and demonstration of production technology using microorganisms capable of producing substances from CO2 (Kaneka, JGC HD, Shimadzu)
    Kaneka is the first company in the world to successfully commercialize KANEKA Biodegradable Polymer Green PlanetTM ("Green Planet"), which is produced by microorganisms from vegetable oil and other raw materials.
  • Bacchus aims to drastically shorten the breeding time of smart cells*3 by upgrading the breeding platform consolidating its proprietary technologies.
  • By utilizing its own digital technology, Bacchus will design cells optimized for gas fermentation and create a variety of species.

Global Smart Grid Market Report to 2028: Funding for Smart Grid Projects Bolsters Growth

Retrieved on: 
Thursday, April 6, 2023

By Geography: North America accounted for the largest market share in 2021 within the total global smart grid market.

Key Points: 
  • By Geography: North America accounted for the largest market share in 2021 within the total global smart grid market.
  • The Global Smart Grid Market is covered from 2017-2028 in this report, which includes a forecast for the period 2022E-2028F
    What is the Future Growth Rate of the Global Smart Grid Market?
  • The market is anticipated to be driven by factors like the popularity of smart meters, regional government initiatives, and funding for smart grid projects
    Which is the Largest Component Segment within the Global Smart Grid Market?
  • Who are the Key Players in Global Smart Grid Market?

China Automotive Systems Reports a 91.7% Increase in Diluted Net Income Per Share in Fiscal Year 2022

Retrieved on: 
Thursday, March 30, 2023

WUHAN, China, March 30, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal year ended December 31, 2022.

Key Points: 
  • In the fourth quarter of 2022, net sales decreased by 7.2% to $128.8 million compared to $138.8 million in the same quarter of 2021.
  • Selling expenses represented 3.6% of net sales in the fourth quarter of 2022, compared to 2.4% in the fourth quarter of 2021.
  • Diluted income per share was $0.14 in the fourth quarter of 2022, compared to diluted income per share of $0.16 in the fourth quarter of 2021.
  • Diluted net income per share increased by 91.7% year-over-year to $0.69 in 2022 compared to $0.36 in 2021.

Mitsubishi Shipbuilding Holds Launch Ceremony in Shimonoseki for Demonstration Test Ship for Liquefied CO2 Transport

Retrieved on: 
Tuesday, March 28, 2023

TOKYO, Mar 28, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, today held a launch ceremony for a demonstration test ship for transport of liquefied carbon dioxide (LCO2), to be utilized in conjunction with initiatives by the New Energy and Industrial Technology Development Organization (NEDO) for its demonstration projects (CCUS R&D and Demonstration Related Project / Large-scale CCUS Demonstration in Tomakomai / Demonstration Project on CO2 Transportation / R&D and Demonstration Project for CO2 Marine Transportation).

Key Points: 
  • TOKYO, Mar 28, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, today held a launch ceremony for a demonstration test ship for transport of liquefied carbon dioxide (LCO2), to be utilized in conjunction with initiatives by the New Energy and Industrial Technology Development Organization (NEDO) for its demonstration projects (CCUS R&D and Demonstration Related Project / Large-scale CCUS Demonstration in Tomakomai / Demonstration Project on CO2 Transportation / R&D and Demonstration Project for CO2 Marine Transportation).
  • The ceremony, conducted in the presence of representatives of the ship's owner Sanyu Kisen Co., Ltd. and other partners, was held at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Shimonoseki, Yamaguchi Prefecture.
  • Following outfitting and sea trials, the ship is scheduled to be handed over in the latter half of fiscal 2023.
  • As part of this effort, Mitsubishi Shipbuilding will actively pursue development and commercialization of LCO2 carriers, and as a marine systems integrator, aim to achieve decarbonization.

MHIET Releases SGP M2000, a New Natural Gas Engine Cogeneration System

Retrieved on: 
Thursday, March 16, 2023

Compared to MHIET's existing 1,000kW gas engine cogeneration system, SGP M2000's electrical efficiency is 1.8 percentage point higher, which means CO2 emission rate involved in power generation is less.

Key Points: 
  • Compared to MHIET's existing 1,000kW gas engine cogeneration system, SGP M2000's electrical efficiency is 1.8 percentage point higher, which means CO2 emission rate involved in power generation is less.
  • As a result of an extensive effort to increase the engine output, SGP M2000 is able to give twice as much output as MHIET's existing cogeneration system with an engine of the same displacement, which led to reducing the footprint by 40%.
  • Therefore the demand towards cogeneration system is expected to further grow from the viewpoint of disaster resilience.
  • MHIET is committed to increase the value of DER through marketing of SGP M2000 and help realize carbon neutral world by actively engage in developing technologies for utilization of hydrogen on natural gas engines.

EQS-News: Fiscal year 2022: SBO multiplies earnings

Retrieved on: 
Thursday, March 16, 2023

Schoeller-Bleckmann Oilfield Equipment AG (SBO), which is listed on the ATX leading index of the Vienna Stock Exchange, reported excellent business development in 2022.

Key Points: 
  • Schoeller-Bleckmann Oilfield Equipment AG (SBO), which is listed on the ATX leading index of the Vienna Stock Exchange, reported excellent business development in 2022.
  • SBO Group sales climbed by 71.2 % to MEUR 501.2, compared to MEUR 292.8 in 2021.
  • All of this helped us to generate an excellent result," says Gerald Grohmann, CEO of SBO, on the 2022 result.
  • In 2022, equity of the SBO Group increased by 24.7 %, arriving at MEUR 425.0 as at 31 December 2022 (2021: MEUR 340.9).

American Wealth Mining Corporation to Fully Transition to Renewable Vehicles and Sustainable Investments With New Corporate Name and Identity as New Energy CV Corporation

Retrieved on: 
Thursday, March 9, 2023

LAS VEGAS, NV, March 09, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – American Wealth Mining Corporation  (OTC:HIPH) ("AWM" or the "Company”) is pleased to announce that its Board of Directors has approved the Company’s strategic shift towards sustainable electric construction vehicles, furthering the Company’s focus on its investment and joint venture agreement with New Energy Asia Pacific Co. LTD (“New Energy”) to have exclusive distribution rights in the US, Australia, Korea, Dubai, Indonesia, Singapore, and Malaysia for electric construction vehicles.   

Key Points: 
  • The electric construction industry is still very nascent, as not one player has established itself in the market.
  • These regulations, coupled with the worldwide increase in  infrastructure development, is causing this sector to markedly increase in size.
  • New Energy offers a comprehensive offering of electric construction vehicles, offering eTech electric excavators, wheel loaders and vans, and Foton electric dump trucks and electric mixers.
  • The JV with New Energy allows us the opportunity to capitalize off this emerging market (electric construction vehicles) by capturing the global demand for sustainable construction and manufacturing.

American Wealth Mining Corp. Update on New Energy’s Signing of MOU for a Partnership to Develop Over 300 EV Charging Stations in The New Territories of Hong Kong

Retrieved on: 
Wednesday, February 22, 2023

Ltd. (“Sino Express”) to develop the “Smart Village Electric Vehicle (EV) Charging Station Business Plan” (“Smart Village”).

Key Points: 
  • Ltd. (“Sino Express”) to develop the “Smart Village Electric Vehicle (EV) Charging Station Business Plan” (“Smart Village”).
  • Over the next five years, the Smart Village project targets to create over 300 electric vehicle (EV) charging stations in rural areas located in the New Territories of Hong Kong – comprising of 600-1,200 ultra-fast EV charging chargers and 5,000 – 7,000 medium-speed EV charging chargers.
  • This region covers a large proportion of Hong Kong's land area, accounting for 86.2%, and is home to about half of the city's population.
  • In the subsequent phase, New Energy will invest in constructing big EV charging stations, and Sino Express will become the exclusive operator of these stations in Hong Kong.