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Showing posts with label energy storage. Show all posts
Showing posts with label energy storage. Show all posts

Friday, 7 April 2017

08:34

Pakistan to soon set up world's largest solar park

Pakistan to soon set up world's largest solar park

Islamabad [Pakistan], Nov.30 : Pakistan will soon have the world's largest solar park of 1,000 megawatts, the country's Minister of Climate Change Zahid Hamid has said.

Addressing a press conference here, Hamid briefed them about Pakistan's participation in the COP22 Conference in Morocco recently, which provided an opportunity to highlight the significant achievements made by the country to address the impact of climate change, reports the Express Tribune.

Hamid said the world community was informed that Pakistan's contribution to global warming was minimal as "we emit less than one percent of the annual global greenhouse gas emissions. Yet we are ranked amongst the top 10 countries that are most vulnerable to climate change."

The world community was also informed that Pakistan faced several major risks pertaining to climate change, including glacier melting, variable monsoons, recurrent floods, rise in sea levels, higher average temperatures and higher frequency of droughts.

Millions of people had been affected and a colossal damage was caused on a recurring basis, he said.

"These threats pose major survival concerns for Pakistan, particularly in relation to water security, food security and energy security," Hamid said, adding these threats also had enormous adverse consequences for all socio-economic sectors, limiting the country's ability to promote sustainable growth and development.

The minister emphasised that Pakistan as a responsible member of the global community had taken substantial steps, especially during 2016, to tackle the threat of climate change.

He termed the launch of Rs2-billion Prime Minister's Green Pakistan Programme, which would be implemented across the country, as a historic initiative.

Pakistan has developed the National Sustainable Development Strategy and is perhaps the first country in the world whose National Assembly passed a unanimous resolution adopting the SDGs as its own national development agenda, said the minister. (ANI)

Source:TopNews

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Sunday, 9 August 2015

16:54

Maxwell Technologies signed partnership agreement with CRRC (China)

CHINA: US-based ultracapacitor manufacturer Maxwell Technologies and CRRC’s Qingdao Sifang Rolling Stock Research Institute have signed a long-term strategic partnership agreement covering the joint development of energy storage technology for the Chinese rail market.

‘Rail transportation applications are an excellent match for ultracapacitors, and the rail market will be a significant opportunity for Maxwell,’ said the company’s President & CEO Dr Franz Fink. ‘Our partnership with CRRC-SRI represents an excellent opportunity for us to generate meaningful revenue in a three-to-five-year horizon through the co-development of application-specific technology and products for the expanding China rail market.’

Chairman of CRRC-SRI Liu Baoming said ‘we firmly believe capacitive energy storage technology is essential’ for meeting future energy-saving and environment-protection requirements in China.

Sunday, 2 August 2015

15:27

Maxwell Technologies selected as exclusive Energy Storage Supplier by CRRC

Maxwell Technologies Inc. announced July 30 that it has signed a long-term strategic partnership agreement with China Railway Rolling Stock Corp., subsidiary of CRRC. The agreement will examine multi-year collaboration activities between the two companies to jointly develop new application-specific, next-generation capacitive energy storage solutions that meet application requirements of CRRC-SRI’s customers in the Chinese rail market.

Capacitive energy storage technology offers high-power density performance under extreme temperatures with long operational lifetimes and is ideally suited for rail transportation applications, particularly onboard commuter rolling stock modalities such as subway and light rail. CRRC-SRI selected Maxwell based on its global leadership in developing and delivering high-quality ultracapacitor solutions proven in global transportation applications such as start-stop autos and hybrid buses, which require rapid braking, energy recuperation and power delivery. Maxwell will work closely with CRRC-SRI to develop solutions uniquely designed to address the growing Chinese rail market.

“The current expansion of rail transportation infrastructure in China will continue well into the next decade and has higher requirements on energy saving and environment protection now and in the future, particularly for onboard rail vehicles,” said Liu Baoming, chairman of CRRC-SRI. “We firmly believe capacitive energy storage technology is essential to providing solutions that meet those energy-saving and environment-protection requirements. We highly value Maxwell Technologies’ expertise in capacitive energy storage and trust its technology leadership to help us keep pace with the rate of innovation required now and into the next decade.”

“Rail transportation applications are an excellent match for ultracapacitors, and the rail market will be a significant opportunity for Maxwell,” said Franz Fink, Maxwell’s president and chief executive officer. “In China, advanced energy storage and power delivery solutions will play an increasingly important role in improving efficiencies and reducing carbon emissions. Our partnership with CRRC-SRI represents an excellent opportunity for us to generate meaningful revenue in a three-to-five-year horizon through the co-development of application-specific technology and products for the expanding China rail market.”

About Maxwell Technologies: Maxwell Technologies is a global leader in the development and manufacture of innovative, cost-effective energy storage and power delivery solutions. Maxwell ultracapacitor products provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation and telecommunications. Our high-voltage grading and coupling capacitors help to ensure the safety and reliability of electric utility infrastructure and other applications involving transport, distribution and measurement of high-voltage electrical energy. Maxwell’s radiation-mitigated microelectronic products include power modules, memory modules and single board computers that incorporate powerful commercial silicon for superior performance and high reliability in aerospace applications. For more information, please visit website: www.maxwell.com.