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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 via SEAPRWire.com) - 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 w...

Huisen and Xiaomi Formed A Strategic Cooperation to Develop Smart Home Business

HONG KONG, Sep 16, 2021 - (ACN Newswire via SEAPRWire.com) - According to industry sources, Huisen Household International (02127.HK) has formed a strategic partnership with Xiaomi Group (01810.HK) to jointly develop smart home business in various application scenarios, including office, hotel, apartment, elderly care institutions, educational institutions, and households, etc.According to the sources, Huisen will develop a smart furniture plan to combine with Xiaomi's IoT platform in terms of product development and marketing, and both parties will jointly carry out business partnership of smart pre-renovation (providing smart home solutions before the actual renovation) and smart renovation. Meanwhile, Huisen's smart furniture products will be showcased in Xiaomi Smart Life Experience Pavilion.This partnership demonstrates Huisen's prosperous expectations of its smart home business. Huisen's interim financial results reveal that the company will strive to gain insight from market trends and make timely adjustments to the business strategy to expand its business coverage, including research and development investments in smart home products to accelerate company's growth.Market ex...