New Energy and Industrial Technology Development Organization

KBR Awarded Green Ammonia Contract to Meet Growing Clean Energy Demand in Japan

Retrieved on: 
Wednesday, May 11, 2022
Hydrogen, COVID-19, Maintenance, Dislocation, Human Development Innovation Fund, NYSE, Tax, Engineering, Contract, U.S. Securities and Exchange Commission, Natural gas, KBR, Terrorism, Risk, Annual report, New Energy and Industrial Technology Development Organization, Compliance, EPC, Adoption, New energy, Asahi Kasei, JGC, Income, NEDO, Richard K. Green, View, Intellectual property, Ammonia, Solution, Multimedia, Renewable energy, Technology

Under the terms of the contract, KBR will provide technology licensing and basic engineering for a pilot project under NEDO's Green Innovation Fund in Fukushima, Japan.

Key Points: 
  • Under the terms of the contract, KBR will provide technology licensing and basic engineering for a pilot project under NEDO's Green Innovation Fund in Fukushima, Japan.
  • "Japan is playing a leading role in the adoption of green ammonia to decarbonize our planet," said Doug Kelly, KBR President, Technology.
  • KBR is the world leader in ammonia technology and has been at the forefront of innovation in the ammonia market for decades.
  • In the green ammonia project, Asahi Kasei supplies green hydrogen from its large-scale alkaline water electrolysis system at the Fukushima Hydrogen Energy Research Field (FH2R) to the ammonia plant.

ClearStream Announces First Quarter 2022 Financial Results

Retrieved on: 
Thursday, May 5, 2022
COVID-19, Income, Investment, Mission statement, Municipal government in Canada, Term loan, Maintenance, Element, Company, Government, Public expenditure, Contract, Clearstream, Hand, SG, Federal aid during the COVID-19 pandemic in Canada, Analysis, Compliance, Workforce, Foyle's War (series 2), Forestry, IFRS, SEDAR, Energy, CEWS, Solution, New, Conversation, Growth, New Energy and Industrial Technology Development Organization, ABL, CERS, Video game, Renewable energy, Online gambling, Airline, Security (finance), Health insurance, Agriculture, Mining

The increase in revenue was driven by the strong market momentum in the first quarter in 2022, with an increase in activity across all areas of the business.

Key Points: 
  • The increase in revenue was driven by the strong market momentum in the first quarter in 2022, with an increase in activity across all areas of the business.
  • As a percentage of revenue, SG&A expenses for the three months ended March 31, 2022 were 7.3%, unchanged from the same period in 2021.
  • On March 30, 2022, the Company amended its Revolving Facility, extending the maturity date of the facility to April 14, 2022 from March 31, 2022.
  • Our unaudited condensed consolidated interim financial statements for the three months ended March 31, 2022 and the related Management's Discussion and Analysis of the operating and financial results can be accessed on our website at www.clearstreamenergy.ca and will be available shortly through SEDAR at www.sedar.com.

Molecular robots work cooperatively in swarms

Retrieved on: 
Wednesday, April 20, 2022
Veni, vidi, vici, NEDO, DNA, Robotics, Nagoya University, Scientific method, Research, New Energy and Industrial Technology Development Organization, Kansai University, Collection, Transport, Future, New energy, Associate, Kinesin, Columbia University, Ministry, Hokkaido University, Efficiency, Development, Science and technology, List, Environment, MEXT, Workload, Faculty, Culture, McMaster Faculty of Science, Microtubule, Kyushu University, Assistant, Medical device, Beekeeping, 3D printing, Sport, Technology, Science, Education

Swarm robotics is a new discipline, inspired by the cooperative behavior of living organisms, that focuses on the fabrication of robots and their utilization in swarms to accomplish complex tasks.

Key Points: 
  • Swarm robotics is a new discipline, inspired by the cooperative behavior of living organisms, that focuses on the fabrication of robots and their utilization in swarms to accomplish complex tasks.
  • Macro-scale swarm robots have been developed and employed for a variety of applications, such as transporting and accumulating cargo, forming shapes, and building complex structures.
  • However, the DNA and azobenzene used in the molecular machines and the cargo were different, so swarming could be controlled independently of cargo-loading.
  • "In the near future, we expect to see microrobot swarms used in drug delivery, contaminant collection, molecular power generation devices, and micro-detection devices," says Akira Kakugo.

Molecular robots work cooperatively in swarms

Retrieved on: 
Wednesday, April 20, 2022
Veni, vidi, vici, NEDO, DNA, Robotics, Nagoya University, Scientific method, Research, New Energy and Industrial Technology Development Organization, Kansai University, Collection, Transport, Future, New energy, Associate, Kinesin, Columbia University, Ministry, Hokkaido University, Efficiency, Development, Science and technology, List, Environment, MEXT, Workload, Faculty, Culture, McMaster Faculty of Science, Microtubule, Kyushu University, Assistant, Medical device, Beekeeping, 3D printing, Sport, Technology, Science, Education

Swarm robotics is a new discipline, inspired by the cooperative behavior of living organisms, that focuses on the fabrication of robots and their utilization in swarms to accomplish complex tasks.

Key Points: 
  • Swarm robotics is a new discipline, inspired by the cooperative behavior of living organisms, that focuses on the fabrication of robots and their utilization in swarms to accomplish complex tasks.
  • Macro-scale swarm robots have been developed and employed for a variety of applications, such as transporting and accumulating cargo, forming shapes, and building complex structures.
  • However, the DNA and azobenzene used in the molecular machines and the cargo were different, so swarming could be controlled independently of cargo-loading.
  • "In the near future, we expect to see microrobot swarms used in drug delivery, contaminant collection, molecular power generation devices, and micro-detection devices," says Akira Kakugo.

ClearStream completes Refinancing of Credit Facility

Retrieved on: 
Thursday, April 14, 2022
Former, Public expenditure, New Energy and Industrial Technology Development Organization, CSM, Term loan, Forestry, BDC, Sixth, GLOBE, Workforce, Business Development Bank of Canada, Credit, Company, Toronto-Dominion Bank, ABL, Solution, Maintenance, Clearstream, Investment, Energy, TSX, ARCA, Twenty-fifth Amendment of the Constitution of India, Acquisition, Computershare, SEDAR, Senior, Bank, Security (finance), Mining, Agriculture

CALGARY, Alberta, April 14, 2022 (GLOBE NEWSWIRE) -- ClearStream Energy Services Inc. (ClearStream or the Company) (TSX: CSM) today announced that it has completed the refinancing of its asset-based revolving credit facility (the Refinancing).

Key Points: 
  • CALGARY, Alberta, April 14, 2022 (GLOBE NEWSWIRE) -- ClearStream Energy Services Inc. (ClearStream or the Company) (TSX: CSM) today announced that it has completed the refinancing of its asset-based revolving credit facility (the Refinancing).
  • ClearStream established a new $25 million asset-based revolving credit facility with a three-year term (the ABL Facility) to replace its existing $15million asset-based revolving credit facility that was to mature on April 14, 2022 (the Former ABL Facility).
  • As a result of the Refinancing, minor amendments were made to the Senior Secured Indenture to reflect the ABL Facility and the Sixth ARCA.
  • Copies of the agreements governing the ABL Facility, the Term Loan Facility, the BDC Loans and the Senior Secured Debentures will be available shortly through SEDAR at www.sedar.com .

Mitsubishi Power Receives Order for Two H-25 Gas Turbines for District Heating Use in Uzbekistan

Retrieved on: 
Wednesday, March 30, 2022
NEDO, Adoption, Equipment, Natural gas, GTCC, New Energy and Industrial Technology Development Organization, Temperature, CO2, Mitsubishi Power Systems Europe, JICA, Carbon, Government, Quality of life, Republic, Hanriot H.25, Mitsubishi Heavy Industries, EPC, Economic development, Solution, MHI, New energy, Maintenance, Japan International Cooperation Agency, Engineering, Hitachi, Motor vehicle, Renewable energy

TOKYO, Mar 30, 2022 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for two H-25 gas turbines with capacity of 32-megawatt (MW)/unit for a natural gas-fired cogeneration plant being built in Tashkent, the capital of the Republic of Uzbekistan.

Key Points: 
  • TOKYO, Mar 30, 2022 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for two H-25 gas turbines with capacity of 32-megawatt (MW)/unit for a natural gas-fired cogeneration plant being built in Tashkent, the capital of the Republic of Uzbekistan.
  • This is the second order for this plant, following an order for an H-25 gas turbine and heat recovery steam generator in the adjacent existing No.
  • Since the initial order in 1987, Mitsubishi Power has established a solid track record of operating performance, selling 30 units in Japan and 160 overseas including this latest order.
  • Mitsubishi Power has supplied gas turbine combined cycle (GTCC) equipment used in other facilities throughout the country, including Navoi 1&2 Power Plant, Talimarjan Power Plant, Turakurgan Power Plant, and Sirdarya Power Plant, and have supported the energy supply for the country's economic development.

Showa Denko Launches Mass Production of 6-inch SiC Single Crystal Wafers

Retrieved on: 
Monday, March 28, 2022
Carbon, NEDO, New Energy and Industrial Technology Development Organization, Electronics, Group, Xev, Inorganic compound, Association, Petrochemical, Research, Silicon carbide, HD, Ministry of Economy, Trade and Industry, ADR, Chemical substance, Government, Silicon, Technology, National Rural Development Partnership, ABM, Computer, Ministry, SDK, News, Semiconductor industry, Light-emitting diode, Aluminium, Ceramic, Borosilicate glass, Industry

(SDK) (TOKYO: 4004) has launched mass production of silicon carbide single crystal wafers (SiC wafers) with a diameter of 6 inches (150 mm), which are used as materials for SiC epitaxial wafers*1 to be processed and installed into SiC-based power semiconductors (SiC power semiconductors).

Key Points: 
  • (SDK) (TOKYO: 4004) has launched mass production of silicon carbide single crystal wafers (SiC wafers) with a diameter of 6 inches (150 mm), which are used as materials for SiC epitaxial wafers*1 to be processed and installed into SiC-based power semiconductors (SiC power semiconductors).
  • As an independent supplier of SiC epitaxial wafers, SDK has the global-top share in the market, and has been providing power-device manufacturers with Best in Class SiC epitaxial wafers.
  • SDK has been considering in-house production of SiC wafers, which are used as main material for SiC epitaxial wafers, aiming to improve quality of our SiC epitaxial wafers and establish a stable supply system for them.
  • This time, SDK decided to launch in-house mass production of 6-inch SiC wafers because plural customers have adopted SDK's SiC epitaxial wafers made from our in-house produced 6-inch SiC wafers.

NEC Develops the World's First Unit Cell Facilitating Scaling Up to a Fully-connected Quantum Annealing Architecture

Retrieved on: 
Thursday, March 17, 2022
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TOKYO, Mar 17, 2022 - (JCN Newswire) - NEC Corporation (TSE: 6701) has developed the world's first LHZ scheme(1) unit cell facilitating scaling up to a fully-connected architecture using superconducting parametron(2) quantum bits (qubits).

Key Points: 
  • TOKYO, Mar 17, 2022 - (JCN Newswire) - NEC Corporation (TSE: 6701) has developed the world's first LHZ scheme(1) unit cell facilitating scaling up to a fully-connected architecture using superconducting parametron(2) quantum bits (qubits).
  • NEC has succeeded in demonstrating quantum annealing operations using these qubits, which will enable high accuracy calculations.
  • Via this achievement, NEC has made further progress toward the production of a quantum annealing machine(3), which is a type of quantum computer.
  • NEC has achieved a world first by successfully solving small-scale combinatorial optimization problems via quantum annealing using this new technology.

HINO TO JOIN HYDROGEN DEMO STUDY IN CALIFORNIA PORTS

Retrieved on: 
Wednesday, March 9, 2022
ACT, New energy, Safety, New Energy and Industrial Technology Development Organization, Twitter, Maintenance, Hino Motors, Novi, Michigan, GHG, NEDO, Multimedia, Toyota, Efficiency, LinkedIn, Toyota Tsusho, Mitsui, Technology, Ownership, YouTube, FCEV, Class, Motor vehicle, Renewable energy, Facebook

The grant supports the demonstration of Hino's Class 8 hydrogen fuel cell trucks in real world operations in California ports.

Key Points: 
  • The grant supports the demonstration of Hino's Class 8 hydrogen fuel cell trucks in real world operations in California ports.
  • Hino, Toyota-Tsusho and Mitsui's technology of choice for this project is advanced hydrogen fuel cell electric trucks.
  • The team plans to demonstrate zero-emission operation generated by hydrogen power units in daily drayage operations, in and around the ports.
  • About Hino Trucks: Hino Trucks, a Toyota Group Company, manufactures, sells, and services a lineup of Class 4-8 commercial trucks in the United States.

ClearStream Announces Fourth Quarter and 2021 Annual Financial Results

Retrieved on: 
Wednesday, March 9, 2022
Government, Energy, Senior, Maintenance, Contract, Compliance, Federal aid during the COVID-19 pandemic in Canada, Company, SEDAR, Workforce, Swift Current, Income, New, Municipal government in Canada, Investment, Conversation, New Energy and Industrial Technology Development Organization, Analysis, Hand, Element, M35 series 2½-ton 6×6 cargo truck, CEWS, ABL, SG, Clearstream, Solution, COVID-19, Mission statement, Growth, IFRS, Forestry, Pre-construction services, CERS, Animal, Ridesharing company, Bank, Security (finance), Renewable energy, Q3, Mining, Agriculture

The stabilization of the business that started in Q2 2021 continued in Q3 and Q4 2021 with revenue increasing in Q4 2021 by 20.6% from Q4 2020.

Key Points: 
  • The stabilization of the business that started in Q2 2021 continued in Q3 and Q4 2021 with revenue increasing in Q4 2021 by 20.6% from Q4 2020.
  • Gross profit margin for the year ended December 31, 2021 was 10.4% compared to 8.6% for the year ended December 31, 2020.
  • As a percentage of revenue, SG&A expenses for the year ended December 31, 2021 were 6.8% compared to 6.1% for 2020.
  • For the year ended December 31, 2021, Adjusted EBITDAS was $17,115 compared to $10,524 for the year ended December 31, 2020.