Industry News

July 2023
Automotive Embedded Systems Market worth $14.4 billion by 2030 Globally

Automotive Embedded Systems Market Report Coverage

­According to Coherent Market Insights, global automotive embedded systems market is estimated to be valued at US$ 9.6 billion in 2023 and is expected to exhibit a CAGR of 5.96% during the forecast period (2023-2030). Analysts’ Views on Global Automotive Embedded Systems&n
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Date:
07/31/2023

Ajlan & Bros Holding and SolarEdge Technologies form Joint Venture to Accelerate Solar Adoption in the Kingdom of Saudi Arabia

The joint venture between ABH and SolarEdge is being formed to support the deployment of smart renewable energy solutions in Saudi Arabia, in-line with the Saudi Vision 2030 initiative

­SolarEdge Technologies, Inc. (“SolarEdge”) announced the forming of a joint venture (JV) with Ajlan & Bros Holding (ABH), one of the largest private sector conglomerates in the Middle East and North Africa region. The JV entity will be established in Riyadh, Kingdom of Saudi Arabia. The JV is bei
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Date:
07/31/2023
onsemi and Magna Sign Strategic Agreement, Invest in Silicon Carbide Manufacturing

Asif Jakwani, senior vice president and general manager, Advanced Power Division, onsemi

­onsemi and Magna announced a long-term supply agreement (LTSA) for Magna to integrate onsemi’s EliteSiC intelligent power solutions into its eDrive systems.  By integrating onsemi’s industry-leading EliteSiC technology, Magna eDrive systems will offer bet
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Date:
07/27/2023
onsemi Secures $1.95B in Supply Agreements with Leading Solar Inverter Manufacturers

Asif Jakwani senior vice president and general manager, Advanced Power Division, Power Solutions Group, onsemi

­onsemi announced it has secured $1.95B in long-term supply agreements (LTSAs) for its intelligent power technologies with leading global manufacturers of solar inverters, contributing to onsemi’s position as the number one power semiconductor supplier in this rapidly growing market.  By offering
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Date:
07/26/2023
Portable Power Station Market Size Predictable to Grow $1.1 Billion by 2028

Portable Power Station Market Scope

­The global Portable Power Station Market is Projected to grow from USD 0.5 billion in 2023 to USD 1.1 billion by 2028, at a CAGR of 18.4% according to a new report by MarketsandMarkets.  Portable power stations are portable and compact devices that function as independent power so
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Date:
07/26/2023
Belfast Office Complex Specifies Aurora Lighting for Aesthetics and Energy Saving

Belfast Office Complex Specifies Aurora Lighting for Aesthetics and Energy Saving

­A Belfast Office Complex, in a desirable location close to Belfast City Centre, George Best City Airport and the Titanic Quarter, embarked on a recent lighting overhaul. The aim of the refurbishment was to improve the aesthetics of the offices, deliver better light levels, and reduce energy costs. Aurora Lighting
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Date:
07/26/2023
Nokia Deploys Private LTE for Xcel Energy's Grid Modernization in the United States

Tim Peterson, SVP and Chief Technology Officer at Xcel Energy

­Nokia announced it will work with U.S. energy provider Xcel Energy to help modernize grid operations to better serve customers across the company’s eight-state service area. The project will include the deployment of Nokia private LT
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Date:
07/25/2023
Dragonfly Energy Joins Nevada Battery Coalition as a Founding Member

Dragonfly Energy Chief Marketing Officer Tyler Bourns

­Dragonfly Energy Holdings Corp. joins the Nevada Battery Coalition (“NBC” or the “Coalition”) as a founding member. The Company also was granted a seat on NBC’s board of directors, which will be occupied by Dragonfly Energy’s Chief Marketing Officer Tyler Bourns. Dominic Sinnott, Director of
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Date:
07/24/2023
Backup Power Market to Reach $4.33 Billion, Globally, by 2030 at 6.3% CAGR

Backup Power Market Report Coverage

­Backup Power Market, By Type (Diesel generators, Gas generators, Solar generators, Others (such as wind turbines, battery systems, etc.)), By Application (Standby power, Prime power, Peak shaving), According to Coherent Market Insights, global backup power market is estimated to be valued at US$ 2.66 bi
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Date:
07/21/2023
Ampaire To Acquire Talyn Air

Ampaire To Acquire Talyn Air

­Ampaire Inc., a leader in hybrid electric aircraft systems, and Talyn Air Inc., developer of novel electric vertical takeoff and landing (eVTOL) aircraft systems, today announced that Ampaire has acquired substantially all of the assets of Talyn.  The transaction will accelerate Ampaire’s strategy
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Date:
07/21/2023
Researchers Achieve Historic Milestone in Energy Capacity of Supercapacitors

Luis Echegoyen, Ph.D., professor emeritus at The University of Texas at El Paso

­In a new landmark chemistry study, researchers describe how they have achieved the highest level of energy storage — also known as capacitance — in a supercapacitor ever recorded.  The study, led by Luis Echegoyen, Ph.D., professor emeritus at The University of Texas at El Paso, and Marta Plo
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Date:
07/19/2023
New High-Power Thermoelectric Device May Provide Cooling in Next-Gen Electronics

Half-Heusler materials may provide a boost in cooling power density of thermoelectric devices and provide a cooling solution for next generation of high-power electronics.

­Next-generation electronics will feature smaller and more powerful components that require new solutions for cooling. A new thermoelectric cooler developed by Penn State scientists greatly improves the cooling power and efficiency compared to current commercial thermoelectric units and may help control heat in
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Date:
07/18/2023
A New Way to Look at Data Privacy

MIT researchers created a new data privacy metric, Probably Approximately Correct (PAC) Privacy, and built an algorithm based on this metric that can automatically determine the minimal amount of randomness that needs to be added to a machine-learning model to protect sensitive data....

­Imagine that a team of scientists has developed a machine-learning model that can predict whether a patient has cancer from lung scan images. They want to share this model with hospitals around the world so clinicians can start using it in diagnosis. But there’s a problem. To teach their model how to pr
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Date:
07/18/2023
Linewidth Narrowing in Self-Injection-Locked On-Chip Lasers

They are comprised of III-V QW/QD DFB lasers and SiN microring resonators.

­On-chip laser diodes based on quantum well (QW) and quantum dot (QD) semiconductor materials have become the primary candidates for several applications due to their excellent characteristics, including high power efficiency, high-temperature operation, and small form-factors. Although QWs have been extensively us
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Date:
07/18/2023
Improving Urban Planning with Virtual Reality

Improving Urban Planning with Virtual Reality

­Construction measures that transform urban settings change the environment of both the people who live there permanently and those who visit them temporarily. It’s not always possible to foresee the effects in advance. In such cases, it helps to recreate the setting in a 3D model which people can experience th
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Date:
07/18/2023
onsemi and BorgWarner Expand Strategic Collaboration for Silicon Carbide Worth Over $1 Billion in Lifetime Value

Simon Keeton, Executive Vice President and General Manager, Power Solutions Group, onsemi

­onsemi and BorgWarner Inc. announced the two companies are expanding their strategic collaboration for silicon carbide (SiC), making the total agreement worth over $1 billion in lifetime value. BorgWarner plans to integrate onsemi EliteSiC 1200 V and 750 V power devices into its VIPER power mo
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Date:
07/18/2023
Austria-Based IMR Metal Powder Technologies GmbH Joins Zinc Battery Initiative

Josef Daniel-Ivad, Manager of the Zinc Battery Initiative

Zinc Battery Initiative (ZBI), the voice of the zinc battery industry, welcomes IMR Metal Powder Technologies GmbH to its rapidly expanding membership of zinc battery developers and suppliers. IMR Metal Powder Technologies GmbH is an expert in zinc powders and how to apply them to new research an
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Date:
07/18/2023
Sustainable Aviation Fuel Market Revenue to Surpass US $20.79 Billion by 2030

Sustainable Aviation Fuel Market Report Coverage

­According to Coherent Market Insights, global sustainable aviation fuel market is projected to grow from USD 460.1 million in 2022 to USD 20.79 billion by 2030, at a CAGR of 61.2% from 2023 to 2030. The global sustainable aviation fuel market is growing at a rapid pace and this can be attributed to
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Date:
07/17/2023
Coordination Could Spare Billions in Grid Upgrade Costs and Accelerate Electrification

From left, Stanford University researchers Ram Rajagopal, Thomas Navidi and Abbas El Gamal.

­The electric grids of the future will need to handle much bigger loads due to electrification of transportation and other sectors. This could mean expensive infrastructure upgrades to ensure their reliable operation, but a new study from Stanford University says most of those upgrades may be unnecessary. Better grid reli
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Date:
07/17/2023
Thermal Energy Storage Market to Reach US $10.16 Billion by 2030

Thermal Energy Storage Market Report Coverage

­According to Coherent Market Insights, The global thermal energy storage market size was valued at US$ 4.65 Billion in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 10.2% from 2023 to 2030. Thermal energy storage (TES) is a form of energy storage. Thermal e
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Date:
07/14/2023
Nova-C Lunar Lander Passes Complete Spacecraft Test Run

Nova-C Lunar Lander Passes Complete Spacecraft Test Run

­Intuitive Machines, Inc. has successfully conducted a complete spacecraft test run of its Nova-C lunar lander – a significant technical achievement in the Company’s efforts to completing its lunar lander. The complete spacecraft test run verified Nova-C’s flight software, flight avionics, liquid oxygen an
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Date:
07/14/2023
Infineon and Semikron Danfoss Sign Supply Agreement for Electromobility Chips

Peter Schiefer, President of Infineon's Automotive division

­Cars with fully or partially electrified drivetrains will account for two thirds of cars produced by 2028, as per analyst forecasts. This rapid growth of electromobility is driving the demand for power semiconductors. Against this background, Infineon Technologies AG and Semikron Danfoss have signed a multi-year vo
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Date:
07/12/2023
Menlo Microsystems Announces Deal to Manufacture the Ideal Switch in Upstate New York

Russ Garcia, CEO of Menlo Micro

­Menlo Microsystems, Inc. (Menlo Micro), the company responsible for reinventing the electronic switch with its Ideal Switch® technology, today announced that it has finalized an asset purchase in Tompkins County, N.Y., which will house the company’s first domestic production facility, the Ideal Fab™. Me
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Date:
07/12/2023
Robotic Glove that 'Feels' Lends a 'Hand' to Relearn Playing Piano After a Stroke

The soft robotic glove was programmed to feel the difference between correct and incorrect versions of the well-known tune, "Mary Had a Little Lamb," played on the piano.

­For people who have suffered neurotrauma such as a stroke, everyday tasks can be extremely challenging because of decreased coordination and strength in one or both upper limbs. These problems have spurred the development of robotic devices to help enhance their abilities. However, the rigid nature of these as
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Date:
07/12/2023
Researchers Demonstrate Single-Molecule Electronic

Charles Schroeder, who is the James Economy Professor of Materials Science and Engineering and Professor of Chemical and Biomolecular Engineering at the University of Illinois Urbana-Champaign

­Researchers have demonstrated a new material for single-molecule electronic switches, which can effectively vary current at the nanoscale in response to external stimuli. The material for this molecular switch has a unique structure created by locking a linear molecular backbone into a ladder-type structure. A
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Date:
07/12/2023
'Workplace AI Revolution Isn't Happening Yet,' Survey Shows

'Workplace AI Revolution Isn't Happening Yet,' Survey Shows

­The UK risks a growing divide between organisations who have invested in new, artificial intelligence-enabled digital technologies and those who haven’t, new research suggests.   Only 36% of UK employers have invested in AI-enabled technologies like industrial robots, chat bots, smart assistant
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Date:
07/12/2023
Quantum Physics Secures Digital Payments

Artistic image of digital payments secured by quantum technology

­Have you ever been compelled to enter sensitive payment data on the website of an unknown merchant? Would you be willing to consign your credit card data or passwords to untrustworthy hands? Scientists from the University of Vienna have now designed an unconditionally secure system for shopping in such settings, co
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Date:
07/12/2023
Electron Collider on a Chip

Simulation of the electron trajectories after a collision in an electronic beam splitter

­Electrical current is a stream of charged elementary particles.  In semiconductor devices, ballistic electrons move at high speeds, making it difficult to address them individually.  A controlled collision of individual electrons can provide the time resolution required for one electron to interrogate th
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Date:
07/12/2023
California Commercial Real Estate Owner Improves ‘Rentability’ with Innovative Rooftop and Carport Solar Installation

The 623kWp rooftop and carport solar installation is expected to produce 950,000 kWh of clean, renewable energy each year – potentially offsetting 78% of the building’s annual energy consumption and opening up an entirely new revenue stream for H&S Properties

­Commercial real estate (CRE) company, H&S Properties, has commissioned a 623kWp rooftop and carport solar installation on a research and development (R&D) facility in Redwood City, California. SolarEdge’s DC-optimized technology was chosen for the project to maximize energy production and profitability fo
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Date:
07/11/2023
Virginia Tech Awarded $3.4 million Grant to Study the Environmental Effects of Utility-Scale Solar Installations

The study will represent one of the largest collections of actual runoff data in Virginia since several localities contributed to the EPA’s Nationwide Urban Runoff Program completed in the 1980s.

­As utility-scale solar farms become more widespread as a source of renewable energy, Virginia Tech scientists are researching environmental consequences with respect to stormwater and the sediment and nutrients transported in runoff.  With a $3.4 million grant from the Virginia Department of Environme
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Date:
07/11/2023
OG2 Lighting Celebrates Five Successful Years of Solar Lighting at Shrewsbury Cricket Club

OG2 Lighting Celebrates Five Successful Years of Solar Lighting at Shrewsbury Cricket Club

­Shrewsbury Cricket Club, based on the outskirts of the historical Shrewsbury Town, Shropshire, is a friendly, sociable and inclusive cricket club with a variety of facilities available for players. The cricket club is located within a short distance of   the Shrewsbury Business Park, Shropshire’s pr
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Date:
07/07/2023
Fusion Energy will be able to Obtain the Energy Content of More Than 500 Liters of Gasoline with a Single Liter of Water

Fusion Energy will be able to Obtain the Energy Content of More Than 500 Liters of Gasoline with a Single Liter of Water

­Fusion will provide a secure and abundant supply for thousands of years. One liter of ordinary water contains enough deuterium to provide the energy content (when fused with tritium) of more than 500 liters of gasoline. It is also a clean source of energy because its generation produces no greenhouse gas emissions. The main driv
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Date:
07/03/2023
RS Group Completes Acquisition of Distrelec

Simon Pryce, CEO of RS Group

­RS Group plc announced that it has completed the acquisition of Distrelec B.V. (Distrelec), a high-service, digital-led distributor of industrial and maintenance, repair and operations (MRO) products, for a cash and debt free value of €365m as previously announced on 27 April 2023.  Distrelec serves 
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Date:
07/03/2023
Recent Progress of Ni-Based Catalysts for Methanol Electrooxidation Reaction in Alkaline Media

They reviewed the recent advances in Ni-based catalysts for methanol oxidation in alkaline media. The study focuses on the need for highly efficient catalysts in driving methanol oxidation and highlights the electrochemical-chemical oxidation mechanisms that enable facile active site generation....

The rapid development of the economy driven by the large consummation of traditional fossil fuels is not sustainable, and global attention is shifted to the utilization of renewable energy sources, and biomass fuels. Methanol is considered a good biomass fuel to realize energy storage and conversion, which is co
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Date:
07/03/2023
Clemson Team's Novel Metal-Organic Framework Could Help Advance Semiconductors

Sourav Saha

­A team of Clemson University chemists has constructed a novel two-dimensional electrically conductive metal-organic framework (MOF), a breakthrough that could help advance modern electronics and energy technologies. MOFs are nano-sized architectures, which resemble miniature buildings made of metal ions link
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Date:
07/03/2023
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