Category Archives: Technology

DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (Invitation Homes or the Company), the nation's premier single-family home leasing company, announced today that it has invested in Fifth Walls Climate Technology Fund.

We are committed to creating a better way to live and to being a force for positive change, while at the same time advancing efforts that make our company more innovative and our processes more sustainable, said Invitation Homes President & CEO Dallas Tanner. Were very pleased to support the climate tech fund and to be at the forefront of helping to find and advance climate-friendly home solutions.

The Climate Tech Fund invests in technologies that address decarbonization across all stages of and asset classes within the global real estate ecosystem, including materials, construction, operations, and revitalization. Invitation Homes joins Ivanho Cambridge and others who are among the first group of investors to participate in the fund.

Invitation Homes has taken a true leadership position among major real estate investment trusts through its participation in Fifth Walls Climate Technology Fund, said Brendan Wallace, Co-Founder & Managing Partner, Fifth Wall. Decarbonizing the residential sector is critical to the future of our environment. Its inspiring to see a leader in the residential space, like Invitation Homes, commit to the science and R&D required to make real estate more sustainable.

In addition to this investment, Invitation Homes continues to build its sustainability related operational actions and investments, including the use of Smart Home technology that helps residents save up to 15% on their energy bills; water-saving landscaping in arid locations; low-flow plumbing; electronic work orders that reduce paper waste; route optimization and stocked vehicles that decrease drive time for maintenance technicians; and an air filter home delivery program that helps provide better air quality in homes and improve HVAC efficiency. A full view of the Companys environmental sustainability efforts can be found here.

About Invitation Homes

Invitation Homes is the nation's premier single-family home leasing company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The Company's mission, "Together with you, we make a house a home," reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.

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Invitation Homes Invests in Fifth Wall Climate Technology Fund - Business Wire

GUANGZHOU, China, July 16, 2021 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, announced today that it has inked a partnership with Xinghe Zhilian Automotive Technology Co., Ltd. (Xinghe Zhilian) to integrate LIZHIs audio products into Xinghe Zhilians in-car communications and entertainment network.

Established in December 2020, Xinghe Zhilian Automotive Technology Co., Ltd. (also known as Galaxy Autotech) was born out of a joint venture between GAC Group and iFLYTEK. As an AI technology company in the automobile industry, Xinghe Zhilian aims to optimize the driving experience through the advancement of the Internet of Vehicles (IoV) network and smart cockpit for auto companies. Xinghe Zhilian provides auto companies with integrated intelligent cockpit solutions, artificial intelligence technology, and digital tools. As a service connector, Xinghe Zhilian provides car users with open, comprehensive, and high-quality services for full-scale scenarios and convenient access to content resources.

We are pleased to collaborate with Xinghe Zhilian Automotive Technology Co., Ltd. to further apply LIZHIs audio products to more in-car scenarios and further boost the application of LIZHIs audio technology in vehicles through Xinghe Zhilian's IoV network, said Mr. Jinnan (Marco) Lai, Founder and Chief Executive Officer of LIZHI.

We believe that the partnership may also accelerate LIZHIs foray into the field of in-car audio and bring LIZHIs extensive podcast content and immersive audio experiences to a wider range of users.

About LIZHI INC.

LIZHI INC. (the "Company" or "LIZHI") has built an audio ecosystem with a global presence consisting of audio-based social networks, podcast content portfolios and audio communities. The Company aims to bring people closer together through voices by its product portfolios. LIZHI's audio-based social networking product offering, including TIYA App, caters to users' evolving interest in social interactions in real time online and enables users to connect with friends having similar interests, entertain, chat online, and share their daily lives through voices. LIZHI also offers a vertical podcast platform, LIZHI Podcast, that provides users with curated content drawn from its extensive content library built over the years, as well as new podcasts provided by selected content creators. Since the launch of LIZHI App in 2013, the Company's flagship platform, LIZHI has cultivated a vibrant and growing online UGC audio community and interactive audio entertainment platform where users are encouraged to create, share, discover and enjoy audio, and experience immersive and diversified entertainment features through audio. LIZHI envisions a global audio ecosystem a place where everyone can be connected through voices and across cultures. LIZHI INC. has been listed on Nasdaq since January 2020.

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Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Companys beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as may, will, expect, anticipate, target, aim, estimate, intend, plan, believe, potential, continue, is/are likely to or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Companys filings with the Securities Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

In China:LIZHI INC.IR DepartmentTel: +86 (20) 3866-4265E-mail: ir@lizhi.fm

The Piacente Group, Inc.Jenny CaiTel: +86 (10) 6508-0677E-mail: Lizhi@tpg-ir.com

In the United States:The Piacente Group, Inc.Brandi PiacenteTel: +1-212-481-2050E-mail: Lizhi@tpg-ir.com

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LIZHI INC. Announces Partnership with Xinghe Zhilian Automotive Technology Company - Yahoo Finance

DUBLIN--(BUSINESS WIRE)--The "Mining Cables Global Market Insights 2021, Analysis and Forecast to 2026, by Manufacturers, Regions, Technology, Application, Product Type" report has been added to ResearchAndMarkets.com's offering.

This report describes the global market size of Mining Cables from 2016 to 2020 and its CAGR from 2016 to 2020, and also forecasts its market size to the end of 2026 and its CAGR from 2021 to 2026.

For the geography segment, regional supply, demand, major players, price is presented from 2016 to 2026.

This report covers the following regions:

The key countries for each region are also included such as the United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil.

Companies Covered:

For the competitor segment, the report includes global key players of Mining Cables as well as some small players.

The information for each competitor includes:

Applications Segment:

Types Segment:

Key Topics Covered:

Chapter 1 Executive Summary

Chapter 2 Abbreviation and Acronyms

Chapter 3 Preface

3.1 Research Scope

3.2 Research Sources

3.2.1 Data Sources

3.2.2 Assumptions

3.3 Research Method

Chapter 4 Market Landscape

4.1 Market Overview

4.2 Classification/Types

4.3 Application/End Users

Chapter 5 Market Trend Analysis

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Threats

Chapter 6 Industry Chain Analysis

6.1 Upstream/Suppliers Analysis

6.2 Mining Cables Analysis

6.2.1 Technology Analysis

6.2.2 Cost Analysis

6.2.3 Market Channel Analysis

6.3 Downstream Buyers/End Users

Chapter 7 Latest Market Dynamics

7.1 Latest News

7.2 Merger and Acquisition

7.3 Planned/Future Project

7.4 Policy Dynamics

Chapter 8 Trading Analysis

8.1 Export of Mining Cables by Region

8.2 Import of Mining Cables by Region

8.3 Balance of Trade

Chapter 9 Historical and Forecast Mining Cables Market in North America (2016-2026)

9.1 Mining Cables Market Size

9.2 Mining Cables Demand by End Use

9.3 Competition by Players/Suppliers

9.4 Type Segmentation and Price

9.5 Key Countries Analysis

9.5.1 United States

9.5.2 Canada

9.5.3 Mexico

Chapter 10 Historical and Forecast Mining Cables Market in South America (2016-2026)

10.1 Mining Cables Market Size

10.2 Mining Cables Demand by End Use

10.3 Competition by Players/Suppliers

10.4 Type Segmentation and Price

10.5 Key Countries Analysis

10.5.1 Brazil

10.5.2 Argentina

10.5.3 Chile

10.5.4 Peru

Chapter 11 Historical and Forecast Mining Cables Market in Asia & Pacific (2016-2026)

11.1 Mining Cables Market Size

11.2 Mining Cables Demand by End Use

11.3 Competition by Players/Suppliers

11.4 Type Segmentation and Price

11.5 Key Countries Analysis

11.5.1 China

11.5.2 India

11.5.3 Japan

11.5.4 South Korea

11.5.5 Southest Asia

11.5.6 Australia

Chapter 12 Historical and Forecast Mining Cables Market in Europe (2016-2026)

12.1 Mining Cables Market Size

12.2 Mining Cables Demand by End Use

12.3 Competition by Players/Suppliers

12.4 Type Segmentation and Price

12.5 Key Countries Analysis

12.5.1 Germany

12.5.2 France

12.5.3 United Kingdom

12.5.4 Italy

12.5.5 Spain

12.5.6 Belgium

12.5.7 Netherlands

12.5.8 Austria

12.5.9 Poland

12.5.10 Russia

Chapter 13 Historical and Forecast Mining Cables Market in MEA (2016-2026)

13.1 Mining Cables Market Size

13.2 Mining Cables Demand by End Use

13.3 Competition by Players/Suppliers

13.4 Type Segmentation and Price

13.5 Key Countries Analysis

13.5.1 Egypt

13.5.2 Israel

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Worldwide Mining Cables Industry to 2026 - by Manufacturers, Regions, Technology, Application and Product Type - ResearchAndMarkets.com - Business...

Innovative film technology that allows automotive manufacturers to hide radar sensors behind decorative metallic parts has been developed by AkzoNobel

The radar-transparent bright film perfected by working together with customers means vehicle makers no longer have to worry about hiding sensors behind solid metal, which can block the signals of safety features such as anti-collision warnings.

AkzoNobel is an approved supplier of film products for this particular application, and the company was recently specified as a global supplier of emblems by one of the worlds biggest car brands.

Vehicle requirements are changing all the time and were very happy to have solved this difficult problem with an intelligent film coating that allows radar signals to pass through, explains Patrick Bourguignon, Director of AkzoNobels Automotive and Specialty Coatings business.

It was a highly technical process, which involved close collaboration with customers to establish correlations between film properties and radar transmission, he continues. On the surface, it provides an attractive, mirror-like finish. What you cant see is the breakthrough technology weve developed, which allows better and more consistent transmission of signals that ultimately help people to drive more safely.

The products supplied by the companys Film business are mainly used by the automotive and aerospace industries, as well as for signage. They include coated films for substrate protection and decoration, and markings/decals used for safety and decoration.

Innovation not only drives our business, it also contributes to the success of our customers, says Bourguignon, who adds that other vehicle manufacturers are keen to include the bright film technology in their designs. Well continue to channel our pioneering spirit into working together with our partners to develop advanced solutions and meet any challenges that the future may bring.

SOURCE: AkzoNobel

Originally posted here:

Breakthrough automotive film technology puts AkzoNobel's innovation on the radar - Automotive World

PHOTO:The Preiser Project

A recent Gartner surveyidentified the top three business priorities in 2021 as: growth, workforce and organizational resilience and sustainability, and investment in digital capabilities.

All of these priorities are driven from technology enablement. Digital technologies played a paramount role over the last 18 months in keeping workers functioning and maintaining business continuity, from remote working tools and automating processes to contactless, seamless transactions. While all these objectives were in place before COVID-19, what changed dramatically is the emphasis on how we use technology to achieve these ends.

Which digital initiatives nay, innovations implemented during the pandemic will have the most lasting impact? Over the past year we've had the rare luxury of observing technology trends taking shape. A few are already changing the game for every organizations digital transformation priorities.

With more companies either keeping their workforce remote or switching to a hybrid model, industry leaders should reflect on when they accelerated their digital efforts to adapt to remote working and making virtual experiences work. Which technologies helped and which didnt? What digital strategies helped improve operations, user experience and customer service? What can they learn from those that didnt?

Consider your company, customer and employee goals and journeys and how they define your processes. Then evaluate your current operations and processes to decide the best way forward. Base your approach on facts rather than assumptions or how things have always been done. Process mining and discovery tools can help you analyze the multiple processes within your business and most importantly, discover how people and content interact with them and deliver a digital twin of your processes to gain greater intelligence of how your processes are performing as journeys.

To improve business processes, employee productivity and customer satisfaction in demonstrable ways, some organizations are using process intelligence tools with robotic process automation (RPA) platforms to identify which processes are best to automate. Too often, however, leaders guess which processes to automate rather than first having any real visibility into how operations and workers are performing and where automation can change outcomes. Fully understanding how new solutions impact employees and the entire business process can help you avoid frustrating employees and negatively affecting their productivity and, ultimately, the customer experience. Having a digital twin a reliable digital version of a human whose job is to assist in making processes visible and actionable of how your entire business and workforce operates can help you truly understand and evaluate how to move forward with a new way of working.

Related Article: 6 Common Misperceptions About RPA

Reimagining how employees work, and introducing intelligent technologies to assist them, is becoming a strategic initiative for many organizations. Enterprises are embracing AI solutions that create an intelligent digital workplace of skilled humans working with skilled digital assistants as part of this paradigm. Imagine a highly automated, self-learning, efficient and streamlined work environment. An intelligent digital workplace augments workers with technology skills to collaborate, create and execute high value tasks, while putting innovation in their hands.

For example, its widely understood the digitization of content is just the beginning for automating processes and lessening repetitive manual labor on employees. With the high volume of documents and data employees work with, companies must also be able to generate value from them. This includes turning unstructured content into data that can be easily accessible by other systems to quickly generate business decisions. More importantly, AI is making processes smarter by its ability to read content and see and act upon it in ways that trained, skilled humans do (seeing things that data field extraction and loading approaches alone often miss).

Using content intelligence technologies such as natural language processing (NLP), machine learning (ML) and optical character recognition (OCR) for intelligent document processing (IDP) along with process mining tools together yields better data for automation systems that rely on it. And adding skilled insight on content and process will help make informed decisions (requiring context, intention, specialized knowledge and experience) that change outcomes. Better data is a clear outcome, but the ability to apply skill and knowledge to fill in the blanks where data is missing, conflicting or indeterminate is another benefit. This AI-enabled approach gives both human and digital workers the ability to detect changes and pinpoint patterns within processes proactively, immediately spotting and resolving issues that delay customer service responses, lead to noncompliance and impact delivery of service.

As these solutions advance, intelligent digital workplaces will soon be able to extend these capabilities from systems-of record repositories to points of engagement through smarter applications.

Related Article: Why Companies Are Investing in Natural Language Processing

Employee experience has increasingly become a contributing factor to business innovation and success. Employees want a work culture that distinguishes between productivity and busy work, and to be challenged with valuable work that will have an impact on the organization.

At the same time, the emerging issue of talent scarcity means there needs to be a bigger focus on tech enablement.

To address the talent shortage, enterprise automation has quickly begun to shift to low/no-code platforms, giving knowledge workers more access to the power of AI without the heavy infrastructure required to support it. Forrester suggests that the increased interest in low-code platforms alone is driving approximately 50% annual growth, with the market anticipated to rise to over $15 billion in 2021. Low/no-code platforms can make highly complicated technologies, such as IDP, easy to use, and deliver cognitive skills for RPA robots, automation systems, chatbots and mobile solutions. It empowers the everyday worker to have more direct control of intelligent automation initiatives without being an expert on ML or having to completely rely on IT. Additionally, it almost completely eliminates the need for manual coding and speeds up deployment, making it a popular option for organizations increasing their investment in digital transformation and becoming agile organizations.

While many new technologies were introduced over the past 18 months, solutions that augment a hybrid workforce, accelerate intelligent automation and empower employees are here to stay. Digital transformation will always be a driver for shifting from economic recovery toward profitability, but its important to understand the state of your processes and having control of your content before you begin.

Anthony Macciola is Chief Innovation Officer at ABBYY, a Digital Intelligence company, where he leads the companys AI vision and strategy. He holds more than 45 patents for technologies in mobility, text analytics, image processing, and process automation, and advocates their use for changing the future of work, improving the customer experience, maintaining business continuity, and achieving process excellence.

Original post:

3 Technologies at the Forefront of Digital Transformation Today - CMSWire

Shares of Micron Technology (NASDAQ:MU) have climbed 59% over the last year,but one analyst still sees significant upside.

Rosenblatt Securities analyst Hans Mosesmann has a buy rating on the stock, with a $165 price target.That's 109% above the current quote. Mosesmann's stock ratings have a 71% success rate, according to TipRanks, so his calls are worth digging into.

Let's see what's driving Micron's business to determine whether the stock is worth buying today.

Image source: Getty Images.

Micron is one of the leading manufacturers of the dynamic random access memory (DRAM) products used in consumer PCs and mobile devices. Its products are increasingly being used in cloud servers, industrial, and other enterprise applications. DRAM makes up nearly three-quarters of Micron's total revenue.Micron is also a leading supplier of the non-volatile, rewriteable (NAND) storage products used in solid-state drives (SSDs), which make up 24% of the business.

Micron reported record revenue in the fiscal third quarter, with its top line advancing 36% year over year to $7.4 billion. But the key to Micron's business performance is pricing. It's operating in a nichewhere only a few manufacturers, most notably Samsung Electronicsand SK Hynix,compete to meet the demand in the marketplace. Thiscan sometimes cause swings in pricing when too much supply becomes available, and this situation can pressure profits.

Micron is currently experiencing an upswing in selling prices, however. In the recent quarter, Micron's gross margin improved significantly year over year, jumping nearly 10 percentage points to 42.1%. This is a result of DRAM average selling prices increasing by 20% quarter-over-quarter, reflecting a strong demand environment.

During the fiscal Q3 earnings call, CEO Sanjay Mehrotra provided more insights on Micron's near-term outlook for the supply and demand situation. Mehrotra cited "strong demand across almost all end markets," including PC, data center, smartphone, and 5G. Mehrotra said that Micron can't meet current demand in automotive, and also pointed to strong demand in industrial markets.

The semiconductor shortage is causing demand to exceed supply right now, and this could last into calendar year 2022.But even when the supply shortage is eventually resolved, that will push demand up even further, as Mehrotra explained.

For the fiscal fourth quarter, Micron expects revenue to increase sequentially to approximately $8.2 billion, with gross margin reaching 47%, plus or minus 1%. Management didn't provide guidance beyond the next quarter, but it expects pricing to remain tight into calendar year 2022. All of this points to rising demand and improving profitability for Micron's business.

MU data by YCharts.

The consensus analyst estimate has Micron's gross margin improving from 39% in fiscal 2021 to 50% next year.Based on analyst estimates, this would translate to earnings per share of $5.93 in fiscal 2021, with a significant jump to $11.36 in fiscal 2022.

For Micron's stock price to reach $165, it would have to trade at 14.5 times next year's earnings estimate. That's not asking too much when the stock currently sells for a modest 13.2 times the consensus estimate for fiscal 2021 earnings.

It's also important to know that Micron has met or exceeded the consensus earnings estimate for 12 straight quarters. Plus analyst estimates have been rising recently for revenue and earnings looking out to fiscal 2022 and fiscal 2023.This could mean that investors are still underestimating the strength of the demand trends for Micron's products.

Keep in mind that Micron has been a volatile stock in the past, but the company has delivered profitable growth, even if it has been lumpy. The stock has delivered a 950% return over the last 10 years, but given the swings in memory pricing that often occur, this is one stock you want to get right when you buy shares.

Given management's outlook that supply will remain tight into next year, the secular demand trends in 5G wireless and cloud servers, and the stock's low valuation, the chances are good that investors could double their money with this tech stock.

This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium advisory service. Were motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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Is Micron Technology Stock Headed to $165 a Share? - The Motley Fool

Huawei continues its 20th-anniversary celebrations in Singapore by launching into a new era of cloud technology and strengthening partnerships to build smart cities of the future

SINGAPORE, July 16, 2021 /PRNewswire/ -- Global leading ICT provider Huawei today hosted the HUAWEI CLOUD Summit 2021 in Singapore. Themed 'Born in Cloud, Grow with Cloud', the hybrid event brought together industry leaders, including SMEs and large corporates responsible for cloud migration strategies, to explore how evolving cloud technologies impact and strengthen digital transformation across sectors.

Together with Singapore Animators Connection (SAC), iQiyi, Orange Business Services, SP Digital and more, Huawei discussed how cloud technology plays a versatile and growing role in the animation, streaming, and energy technology sectors.

Continued Cloud Commitment in Singapore

During his opening speech, Mr Foo Fang Yong, CEO of Huawei International, recognised Singapore's leading position in ICT infrastructure and technology in the region, noting that Huawei has supported Singapore's digitalisation journey since 2001.

Partnering with industry leaders and customers, Huawei is now a pivotal contributor to connectivity, green energy, storage and many more innovative digital solutions across diversified industry sectors, aligned to Singapore's Smart Nation goals.

Mr Foo Fang Yong stated at the Summit, "As we celebrate our 20th anniversary in Singapore, Huawei is committed to providing reliable, secure, and cost-effective cloud services to empower applications, harness the power of data, and help organizations of all sizes grow in Singapore and ASEAN region, we aim to be the mainstream cloud vendor and digital transformation leader in Singapore."

Singapore is the international hub of HUAWEI CLOUD, which houses four availability zones, with a fifth availability zone on the way. Beyond Singapore, HUAWEI CLOUD also has setup regions in Hong Kong, Thailand and Malaysia, with Indonesia to follow.

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"Huawei has been committed to empowering digital transformation and innovation, nurturing a future-ready talent pool and driving sustainable growth for the future economy together with our local partners. It is our responsibility, not only as a global ICT leader but also a committed member of the community, to continue to create economic opportunities and societal impact in Singapore," announced Fang Yong.

Born in Cloud, Grow with Cloud

According to the Gartner report Market Share: IT Services, Worldwide 2020, HUAWEI's 2020 IaaS market share ranks No.2 in China, No. 3 in Thailand market, No.4 in the emerging Asia Pacific market, and No. 5 in the global market. HUAWEI's IaaS revenue grew fastest in the global market between 2019 and 2020, compared to the other vendors included for analysis.

During the event, Mr Zeng Xingyun, President of HUAWEI CLOUD APAC, highlighted five key strategies behind Huawei Cloud's rapid growth to continuously focus on ICT investment, boost product architecture innovation, support technology and solution innovation, introduce cloud-cloud synergy, and inherit and build the most optimal 2B service.

Redefining Infrastructure with HUAWEI CLOUD

HUAWEI CLOUD aims to revolutionise enterprise infrastructure through improved services, platforms, and solutions.

Cloud Container Engine (CCE) Clusters allow for accelerated computing, networking, and scheduling for more efficient applications, smoother and more secure communications, and the ability to allocate the required resources for applications without micro-management.

Multi-Cloud Container Platform (MCP) brings cross-cloud applications into your routine as though they were local applications. Its compatibility with Kubernetes native APIs eliminates the need for refactoring, granting enterprise users the ability to govern instances on a larger scale, and boasting synergy with other networks on the cloud.

GaussDB sees the company's cloud-native database solutions come to the financial sector, where users can tap on high performance and elastic scaling for hybrid loads, increased security and availability, and intelligent optimisation and index recommendation.

Extending Cloud Support to the Start-up Ecosystem in the Region

As part of the global shift towards a cloud-powered future and in recognition of the growth of start-ups and small businesses in ASEAN, Huawei will host the second edition of the Huawei Spark programme for the region.

A hybrid accelerator programme, Huawei Spark targets deep tech start-ups in e-Commerce, Fintech, Energy, Manufacturing, and Smart City industries with focuses on AI, IoT, SaaS, Edge Computing, and 5G. With its strong network of industry experts, Huawei aims to incubate and accelerate start-ups' growth to further build a more connected and intelligent world.

To apply for the Huawei Spark programme, interested start-ups can submit their proposals here before 10 August 2021 and register here to join the Spark Founder Summit on 3 Aug.

About HUAWEI CLOUD

HUAWEI CLOUD is a leading cloud service provider, which brings Huawei's 30-plus years of expertise together in ICT infrastructure products and solutions. We are committed to providing reliable, secure, and cost-effective cloud services to empower applications, harness the power of data, and help organizations of all sizes grow in today's intelligent world. HUAWEI CLOUD is also committed to bringing affordable, effective, and reliable cloud and AI services through technological innovation.

For more information, please visit Huawei online at https://www.huaweicloud.com/intl/en-us/about/index.html or follow us on:

https://www.linkedin.com/company/huaweicloudapac/ https://twitter.com/HuaweiCloudAPAC https://www.facebook.com/HuaweiCloudAPAChttps://www.youtube.com/c/HuaweiCloudAIAPAC

SOURCE HUAWEI CLOUD

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Embracing the Potential of Cloud Technology with Ecosystem Partners at the HUAWEI CLOUD Summit 2021 - Yahoo Finance

CHARLOTTE, N.C.--(BUSINESS WIRE)--Cormetech has been selected for an award from the Department of Energy (DOE) Office of Fossil Energy and Carbon Management and the National Energy Technology Laboratory (NETL) to increase the amount of CO2 captured in Direct Air Capture (DAC) operations. Cormetech plans to further develop its DAC contactor. The contactor is the engine of the DAC system. Air is moved through the contactor and CO2 is selectively adsorbed onto it. The improved contactor will maximize the amount of CO2 captured from the atmosphere, while reducing the amount of energy needed to operate.

https://www.energy.gov/articles/doe-announces-12-million-direct-air-capture-technology

From the DOE funding announcement (06/15/2021):

Across the U.S., in states like Arizona and North Carolina, brilliant innovators are developing Direct Air Capture technologies that can extract carbon dioxide straight out of the air. said Secretary of Energy Jennifer M. Granholm. These DOE investments, and the ones we will make with President Bidens American Jobs Plan, are crucial to advancing technology that will help us avoid the worst effects of climate change and achieve carbon neutrality by 2050.'

Cormetechs CEO Mike Mattes commented Cormetech is very excited about this award, which will allow us to continue developing CO2 Capture technology with amine-based adsorbers in Direct Air Capture systems. With Cormetechs long history of technology leadership in emission controls, we have demonstrated the technical feasibility of capturing CO2 directly from the air with our adsorbers, and this award will allow us to accelerate the development and improve the CO2 capture rates.

To learn more about this project and Cormetechs technologies please reach out to sales@cormetech.com or call us at 1-704-827-8933.

CORMETECH, Inc. is a world leader in manufacturing of high-quality environmental catalysts, providing SCR catalyst regeneration and engineering services for the power, marine, industrial-process, refinery, and petrochemical markets. The company has leveraged more than 30 years of field experience and ceramic extrusion technology to create innovative catalyst products and services that meet our customers' needs in the United States and abroad.

Excerpt from:

Cormetech Selected for a DOE Award to Demonstrate Technology to Increase the Amount of CO2 Captured in DAC Operations - Business Wire

Photovoltaic technology has been the clear winner of the solar energy race. Can concentrated solar power catch up?

One company seems to think it could be possible. Heliogen, a concentrated solar power company with backing from Bill Gates, announced last week that it will merge with a special-purpose acquisition company in a deal that values the company at an enterprise value of about $2 billion.

At first glance, the deal looks like a head-scratcher. Photovoltaic technology, which uses panels to convert light directly into electricity, is miles ahead of CSP, which uses mirrors to reflect and concentrate sunlight into very high heat, which is then used to produce steam, electricity or hydrogen. The heat is often stored in a medium that is unlikely to cool off quickly, such as molten salt or rocks (in the case of Heliogen). PV is cheaper, takes up less space and has generally had fewer performance issues. As of 2019, there was just 6.9 Gigawatts of CSP capacity globally, which was roughly 1% of total installed solar capacity, according to data from BloombergNEF, which has since stopped publishing regular updates on the sector because there is little to report on.

CSPs built-in storage capacity was once seen as a promising solution to the intermittence that plagues renewable energy. But the technology has been tough to master and cost is still a large hurdle. Back in 2008, both PV and CSP had a levelized cost of electricity around $450 per megawatt-hour, according to Pietro Radoia, senior analyst at BloombergNEF. Today, PV solar can be as cheap as $29 per MWh without subsidies, while the cheapest CSP solar with storage is more than four times as expensive, according to Lazards analysis from 2020. In a 2019 report, BloombergNEF concluded that in the long term, PV paired with batteries is likely to be only slightly more expensive and much less risky compared with PV paired with CSP systems.

Heliogen costs less than $50 per MWh including the federal investment tax credit, according to its investor deck, which would make it more expensive than unsubsidized utility-scale PV solar but cheaper than industrial-scale PV solar without subsidies. One of the key differences compared to existing CSP technology, according to Bill Gross, Heliogens founder and chief executive, is that the company uses cameras on towers to monitor mirrors in real time, with data crunched at 30 frames a second to make sure each mirrors reflection is hitting the target correctly. That in turn allows the system to generate heat exceeding 1,000 Celsius, which in turn is enough to heatand ultimately store energy inrocks. Rocks are cheaper than molten salt and also dont come with the risk of leakage. The companys bet is that its technology will get even better over time so that the cost declines will also come from having to use less material per mirror. Any scarce commodity goes up in price. [The price of] computation only ever goes down, he said.

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Less-Loved Solar Technology Gets Moment in the Sun - The Wall Street Journal

AUSTIN (KXAN) Theres an intersection in Austin thats getting some attention for its bad track record.

East 7th Street and Springdale Road are part of Austins High-Injury Network, or roads that make up just 8% of the citys streets but account for nearly 70% of the citys serious injury or deadly crashes.

Im here from 8 a.m. to 7 p.m. every day, said Aeliin Martinez.

She works at Rivera Welding six days a week and often witnesses car crashes at the intersection.

There was a guy over here in a motorcycle really, really bad crash, Martinez recalled. He had no helmet on, went through the windshield on someones car. It was very bad.

Martinez said she also worries for the cyclists and pedestrians.

I always get scared when I see them pass by, she said.

The City of Austin is partnering with Velodyne to pilot its lidar sensors. The company said its laser technology creates real-time, 3D maps they said are not possible with other sensors like cameras or radar.

This particular technology would give us the ability to measure a persons gait and, say theyre an elderly person be able to extend that walk time across that intersection, so that person can safely, at their pace, make it across the intersection, explained Jason JonMichael, Austin Transportation Departments assistant director.

And unlike cameras, the lasers track data without taking pictures, which is personally identifiable information the city has to remove from its system afterward.

They also hope to gather more information for possible long-term solutions, like infrastructure or policy in the area.

We want to understand not only how well does the technology work, is it ready? Is it something that we should be looking at how we invest in that? Or make decisions on how were going to plan for that change in our system? JonMichael said.

JonMichaels team said this pilot program will launch once they get the technology, which they hope will be in the coming weeks.

Martinez hopes it will be effective.

Hopefully they do something to change this, because we need change here, she said.

That way, she can be a little less anxious about her own safety as well as that of her coworkers, customers and community.

You never know every time you come to work. Never know if someones going to pass away right here in front of you, she said.

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Austin will use laser technology to help make this dangerous intersection safer - KXAN.com