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The Actual Impact Of Bitcoin On War

The impact of Bitcoin on war will not simply be the eradication of violence, a problem of humanity since the dawn of time.

The Worldwide Acoustic Microscopy Industry is Expected to Reach $1.47 Billion by 2026 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Acoustic Microscopy Market (2021-2026) by Application Type, Offering Type, Industry Type and Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering. The Global Acoustic Microscopy Market is estimated to be USD 1.15 Bn in 2021 and is expected to reach USD 1.47 Bn […]

The post The Worldwide Acoustic Microscopy Industry is Expected to Reach $1.47 Billion by 2026 – ResearchAndMarkets.com appeared first on Fintech News.

BYD Partners with Nuro to Manufacture All-Electric Autonomous Delivery Vehicle

LOS ANGELES, CA, Jan 18, 2022 - (ACN Newswire) - BYD Co., Ltd. announced its partnership with leading autonomous vehicle company Nuro to begin producing the company's third-generation electric autonomous delivery vehicle. The partnership is expected to scale Nuro's more affordable, eco-friendly, and convenient services to millions of people across the country.

Nuro'third-generation electric autonomous delivery vehicle.

Nuro's third-generation autonomous delivery vehicle features greater payload.

Nuro's third-generation autonomous delivery vehicle features greater payload.


"BYD will leverage the manufacturing capacity of our Lancaster plant by finishing assembly of globally sourced hardware components to support Nuro and bring more jobs to the community," said Stella Li, Executive Vice President of BYD Co. Ltd. and President of BYD North America, "Together we will build this autonomous delivery vehicle, with the mutual goal of creating a safer environment on streets across the United States."

Today's announcement follows Nuro's $600 million Series D funding round which closed in Q4 2021 and was led by Tiger Global Management with participation from other investors.

Combining both partners' advanced technology, Nuro's third-generation autonomous delivery vehicle will feature greater payload and new safety technologies. With twice the cargo volume of Nuro's current R2 model, the automotive production grade vehicle will also feature modular inserts to customize storage and new temperature-controlled compartments to keep goods warm or cool. Safety enhancements include an external airbag to further improve safety for pedestrians outside the vehicle, as well as a multi-modal sensing suite, including cameras, radars, lidar, and thermal cameras, creating a redundant 360-degree view of the world.

Nuro was founded in 2016 by Jiajun Zhu and Dave Ferguson, former principal engineers of Google's self-driving car team. Specializing in developing zero-occupant vehicles designed specifically for transporting goods and not passengers, Nuro has launched two generations of autonomous vehicles, introduced delivery service with industry leaders including Domino's, Kroger, and 7-Eleven, and announced a multi-year partnership with FedEx.

"BYD is one of the largest OEM networks of electric vehicles in the world, and we are thrilled to partner with them to help us move one step closer to scaled commercial operations," said Jiajun Zhu, Nuro co-founder and CEO. "We look forward to transforming the hardware components of BYD's globally sourced electric vehicle platform into innovative autonomous vehicles capable of operating on public roads at our new facility here in America. Through our partnership with BYD, we plan to produce autonomous vehicles at scale that can improve road safety, air quality, and overall access to goods."

As a leader in the NEV industry, BYD has innovated rich technologies in the field of electrification. In this project, BYD is jointly working with Nuro on vehicle development, and is responsible for vehicle manufacturing and initial vehicle testing, and provides hardware like the Blade Battery, electric motors, electronic controls, and displays for human-machine interaction. Nuro integrates technologies such as autonomous driving, control modules and sensors. BYD will finish assembly of the hardware platform at its Lancaster plant in the United States using globally sourced components. Nuro will then complete the vehicle manufacturing process by installing and testing the autonomy systems that will make the platform capable of operation at the company's new facilities in southern Nevada.

About BYD
BYD (Build Your Dreams) is a multinational high-tech company devoted to leveraging technological innovations for a better life. BYD now has four industries including Auto, Electronics, New Energy, and Rail Transit. Since its foundation in 1995, the company quickly developed solid expertise in rechargeable batteries and became a relentless advocate of sustainable development, successfully expanding its renewable energy solutions globally with operations in over 50 countries and regions. Its creation of a Zero Emissions Energy Solution, comprising affordable solar power generation, reliable energy storage, and cutting-edge electrified transportation, has made it an industry leader in the energy and transportation sectors. BYD is a Warren Buffet-backed company and is listed both on the Hong Kong and Shenzhen Stock Exchanges. More information on the company can be found at https://www.byd.com.

Contact:
Asia-Pacific: Mia Gu, [email protected], tel: +86-755-8988-8888-69666
Europe: Penny Peng, [email protected], tel: +31-102070888
North America: Frank Girardot, [email protected], tel: +1 213 245 6503
Latin America: Sofia Mardones, [email protected], tel: +56 9 9821 6851
Brazil: Adalberto Maluf, [email protected], tel: +19 3514 2554

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comBYD Co., Ltd. announced its partnership with leading autonomous vehicle company Nuro to begin producing the company's third-generation electric autonomous delivery vehicle. The partnership is expected to scale Nuro's more affordable, eco-friendly, and convenient services to millions of people across the country.

Technological Revolution and Industrial Transformation, Weichai Power Releases the World’s First Diesel Engine with a Base Engine Thermal Efficiency of 51.09%, along with Major...

HONG KONG, Jan 13, 2022 - (ACN Newswire) - At 9:00 am on January 8, 2022, Weichai Power (Stock codes: 2338.HK; 000338.SZ) released the world's first diesel engine with a base engine thermal efficiency of 51.09% and major achievements in hydrogen technology achievements.



Tan Xuguang, CPC Secretary and Chairman of Shandong Heavy Industry Group, Chairman of Weichai Power and Director of the Academic Committee of the National Fuel Cell Technology Innovation Center, reported the research findings of the world's first diesel engine with a base engine thermal efficiency of 51.09% developed by Weichai Power, the operation of the National Fuel Cell Technology Innovation Center and the "Hydrogen for Every Home" technology demonstration project. TuV SuD, an world-renowned test authority, issued a certificate of thermal efficiency of 51.09% to Weichai Power. Then the delivery ceremony of hydrogen-powered heavy-duty truck delivery for demonstrative operation between Shandong Heavy Industry and Shandong Port was held.

FISITA, MIT, AVL, FEV, SwRI, Bosch Group and Vitesco Technology, as well as the China Mechanical Engineering Society, the China Automotive Engineering Society, the China Internal Combustion Engine Society and the China Internal Combustion Engine Industry Associations extended congratulations on the release of the diesel engine by message or video link.

Challenging Limits, Scaling New Heights

Today when green and low carbon development has become a global consensus, China has set the strategic goal of achieving carbon peak by 2030 and carbon neutralization by 2060. Transportation is an important field for this target, and the internal combustion engine industry plays an important role in this process.

Thermal efficiency is the yardstick for the fuel efficiency of internal combustion engines: higher thermal efficiency represents lower fuel consumption and better effects of energy conservation and emission reduction. It is also a reflection of a country's technical strength in diesel engines. Improving thermal efficiency has been the common pursuit of the global diesel engine industry since diesel engines emerged 125 years ago. Weichai Power released the world's first commercial diesel engine with a base engine thermal efficiency of 50.23% in Jinan on September 16, 2020, establishing a new thermal efficiency benchmark for global diesel engines, just like the first time in human history that a 100-meter sprint was completed in 10 seconds. Just 480 days later, Weichai set a new world record by increasing the base thermal efficiency to 51.09% just as a 100-meter race was completed in 9 seconds, further enhancing China's significance in the global internal combustion engine industry.

The base engine thermal efficiency of 51.09% is another significant revolution of traditional engines, as well as a technical preparation for the implementation of the "China VII" emission standard. The application of this technology will help Weichai Power lead the world in a full spectrum of diesel engines, be of great strategic significance to promoting the energy-efficient and green development of China's traditional internal combustion engine industry, and play a significant leading role in the global internal combustion engine industry.

According to estimation, compared with existing key products (diesel engines with thermal efficiency of 46%) on the market, those with a thermal efficiency of 51% can lead to a reduction of 10% in fuel consumption and carbon dioxide emissions alike, saving fuel consumption by 16 million tons and costs by approximately 140 billion yuan annually, and reducing carbon dioxide emissions by 50 million tons annually. With the massive use of the top technology in the industry, it will generate huge economic and social benefits.

Hydrogen-powered Future, Shandong Model for Hydrogen Industry

While promoting the innovative and low-carbon development of traditional engines, Weichai Power has taken the new energy industry as an important strategy. The first batch of Sinotruk hydrogen-powered heavy-duty tractor trucks with Weichai's high-power hydrogen fuel cell systems are powerful, eco-friendly, safe, reliable and efficient for full-time use.

In 2021, the National Hydrogen Cell Technology Innovation Center, the only of its kind in China, was established under the initiative of Weichai Power. Meanwhile, the Ministry of Science and Technology (MOST) and Shandong entered into a framework agreement on the "Hydrogen for Every Home" technology demonstration project. Based on the center, the ministry has carried out multi-scenario demonstrative application of hydrogen energy in Shandong, and sped up breakthroughs in key hydrogen technologies and the development of the hydrogen industry, thereby creating a duplicable Shandong sample for the hydrogen industry.

Since the launch of the "Hydrogen for Every Home" technology demonstration project, with the strong support of MOST and Shandong, the National Hydrogen Cell Technology Innovation Center has established an innovation consortium centered on Weichai Power and constituted by enterprises, universities and research institutes, to accelerate technical breakthroughs and industrialization, and successfully develop 15-200kW hydrogen fuel cell systems. The company's 200kW fuel cell systems were selected for the National Exhibition on Sci-tech Achievements in the "13th Five-Year" Period in October 2021. The company was the first to conduct an environmental adaptability test of fuel cell vehicles in extreme cold, achieving one-time successful start-up at a temperature of 34 degrees Celsius below zero. The company was the first in the industry to turn out products lasting 30,000 hours, pioneering the industrialization of Chinese fuel cells.

Based on its highly reliable fuel cell products, Weichai Power has carried out multi-scenario demonstrative application. In terms of hydrogen-powered parks, the company's first large-power container-type hydrogen fuel cell heating and power generation system and 30kW solid oxide fuel cell heating and power system, both the first of its kind in China, were put into operation in Weifang; the company developed China's first 3t hydrogen fuel cell forklift, creating a zero-carbon-emission logistics handling environment. In terms of hydrogen-powered ports, China's first 80-seat hydrogen fuel cell passenger ship developed by the company was tested successfully with zero carbon emission in the Xueye Lake, Jinan; and the company launched China's first hydrogen fuel cell heavy-duty truck demonstration project at Qingdao Port. In terms of hydrogen-powered highways, China's first highway hydrogen fueling station constructed by the company went into operation; a 49t fuel cell heavy-duty truck powered by Weichai operated for more than 5,000 kilometers from Taishan Steel, Jinan to Dongjiakou Area of Qingdao Port. On October 27, 2021, a Chinese original, world leading and fully-homemade Sinotruk Huanghe ski-waxing truck with a Weichai 162kW hydrogen fuel cell system was delivered for use during the Winter Olympic Games Beijing 2022. On January 4, General Secretary Xi Jinping inspected the ski-waxing truck. A series of outcomes marks that the "Hydrogen for Every Home" technology demonstration project is turning from blueprint into reality.

Tan said t he base engine thermal efficiency of the internal combustion engines being up to 51.09%, massive application of new energy in products, and the "dual driving force" strategy, have kept Weichai Power ahead in the development of traditional high-end engines and new energy engines, and opened up a new path for diversified energy transformation under the national strategy of carbon peak and carbon neutralization.


Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comAt 9:00 am on January 8, 2022, Weichai Power (Stock codes: 2338.HK; 000338.SZ) released the world's first diesel engine with a base engine thermal efficiency of 51.09% and major achievements in hydrogen technology achievements.

Kazakhstan chaos hits global Bitcoin mining operation

  By FintechNews staff Last year, Kazakhstan became the world’s second-largest center for bitcoin mining, after China banned Bitcoin mining in May, leading to what has been dubbed the “great mining migration,” with many of the country’s miners crossing the border to Kazakhstan. The world’s largest center for Bitcoin mining is the United States, according to the Cambridge Centre for Alternative […]

The post Kazakhstan chaos hits global Bitcoin mining operation appeared first on Fintech News.

JERA and MHI Start a Demonstration Project to Develop Technology to Increase the Ammonia Co-firing Rate at Coal-fired Boilers

TOKYO, Jan 7, 2022 - (JCN Newswire) - JERA Co., Inc. ("JERA") and Mitsubishi Heavy Industries, Ltd. ("MHI") have received notice of acceptance of their grant application, under the Green Innovation Fund program of the New Energy and Industrial Technology Development Organization ("NEDO"), to conduct a project to develop and demonstrate a technology to increase the ammonia co-firing rate at coal-fired boilers (the "Project").

Ammonia enables efficient, low-cost transport and storage of hydrogen. In addition to this role as an energy carrier, it can also be used directly as a fuel in thermal power generation. As a fuel that does not emit carbon dioxide when burned, ammonia is expected to offer great advantages in reducing greenhouse gas emissions. In order to achieve a decarbonized society, it is important to reduce CO2 emissions from thermal power generation by innovating to increase the co-firing rate of fuel ammonia.

This Project aims to develop an ammonia single-fuel burner suitable for coal-fired boilers and to demonstrate operation of the burner at actual boilers. The term of the Project is approximately 8 years from FY 2021 to FY 2028.

By FY 2024, JERA and MHI will develop a new burner capable of single-fuel ammonia combustion and draw up a master plan for equipment to demonstrate its use in actual boilers. Based on the results, the two companies will decide whether to install the burners at JERA's coal-fired boilers made by MHI. For the actual plant demonstrations, JERA and MHI plan to verify co-firing with at least 50% ammonia at two units with different boiler types by FY 2028.

Under its "JERA Zero CO2 Emissions 2050" objective, JERA has been working to reduce CO2 emissions from its domestic and overseas businesses to zero by 2050, promoting the adoption of greener fuels and pursuing thermal power that does not emit CO2 during power generation. JERA will continue to contribute to energy industry decarbonization through its own proactive efforts to develop decarbonization technologies while ensuring economic rationality.

Under its "MISSION NET ZERO" declaration, MHI will promote the energy transition in cooperation with partners around the world, and contribute to achieving a carbon-neutral society through the collective efforts of the group by its products, technologies, and services that can contribute to CO2 reduction.

About MHI Group

Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comJERA Co., Inc. and Mitsubishi Heavy Industries, Ltd. have received notice of acceptance of their grant application, under the Green Innovation Fund program of the New Energy and Industrial Technology Development Organization, to conduct a project to develop and demonstrate a technology to increase the ammonia co-firing rate at coal-fired boilers.

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