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Increasing investments in renewable energy will drive 69% of growth in the floating solar panels market

According to Technavios latest market report, the floating solar panel market is expected to grow by $ 775.85 million from 2021 to 2026, at a CAGR of

According to Technavios latest market report, the floating solar panel market is expected to grow by $ 775.85 million from 2021 to 2026, at a CAGR of 16.89%. The transition from fossil fuels to renewable sources, such as wind and solar, is fundamental for economic, social and environmental development. Several countries have adopted renewable energy sources as their primary energy source. Mindanao, Philippines is seeing an upward trend in renewable energy projects. 69% of the market growth will come from APAC during the forecast period Japan, China and India are the main markets for the APAC floating solar panel market. For a tracker to be commercially viable, the incremental cost of installing and maintaining the tracker over the lifetime of the system must be less than the increased energy harvest from the solar PV system. Read More..

B2B Tech News | 3 years ago

US crude below $95 increased oil production in Libya Oil and gas rigs are being added, and the EU is looking into Nigerian gas options

US crude prices settle below $95 a barrel for the first time since April in choppy trading. EU said it would allow Russian stateowned companies to shi

US crude prices settle below $95 a barrel for the first time since April in choppy trading. EU said it would allow Russian stateowned companies to ship oil to third countries under adjustment of sanctions agreed by member states this week. Libyas National Oil Corporation aims to increase production to 1.2 million barrels per day in two weeks. Current oil production is at 860,000 BPD, compared with 560,00 BPD before resuming production last week. The US oil and natural gas rig count this week rose for a third week in a row. High prices encourage increased spending at the good pad, boosting demand for some oilfield services companies. The EU is seeking additional gas supplies from Nigeria as it prepares for potential Russian supply cuts. Libyas oil exports at times last year reached 1.2 million BPD. Read More..

B2B Tech News | 3 years ago

Hacktivist group Anonymous uses six main methods to intimidate Russia

CNBCs request for comment was not immediately answered by the Russian embassies in Singapore and London. According to cybersecurity expert Jeremiah Fo

CNBCs request for comment was not immediately answered by the Russian embassies in Singapore and London. According to cybersecurity expert Jeremiah Fowler, among the many tactics, Anonymous employs in its cyberwar against Russia, hacking databases and publishing the information online is the most successful. Jeremiah Fowler, the cofounder of the cybersecurity firm Security Discovery, who has been keeping an eye on the hacker collective since it vowed to wage cyber war against Russia for annexing Ukraine, says that. Read More..

B2B Tech News | 3 years ago

The sixth iteration of South Asias largest technology conclave is announced by India Mobile Congress

The prestigious event will witness 70,000 attendees, 7,000 CXOlevel delegates, 300 speakers, and 350 exhibitors in 60+ sessions. Owing to rising busin

The prestigious event will witness 70,000 attendees, 7,000 CXOlevel delegates, 300 speakers, and 350 exhibitors in 60+ sessions. Owing to rising business opportunities with 5G implementation, IMC will facilitate startup programs focusing on emerging technologies such as 5G and its use in IoT, Robotics, Gaming, Drones Metaverse etc. The sixth edition of the International Mobile Communications Conference IMC is being held in New Delhi, India with a special focus on 5G and Make in India initiatives. The IMC will include numerous startup programs in the digital space with assistance from industry stalwarts. There will be exclusive round tables to facilitate indepth conversations on various industry topics. The event will also include Indias biggest technology exhibition and bring together some of the finest minds from across the globe. Read More..

B2B Tech News | 3 years ago

Samsung was penalized $9.8 million for false phone ads in Australia

An Australian judge has ordered Samsung to be fined AUD 14 million $9.8 million for falsely advertising the water resistance of some smartphone models

An Australian judge has ordered Samsung to be fined AUD 14 million $9.8 million for falsely advertising the water resistance of some smartphone models. Samsung sold 3.1 million vulnerable phones in Australia, but courts could not determine how many customers found faulty charging ports. An unknown number of customers have had their ports replaced by Samsung Authorized Repairers. According to the court, the amount of the fine is greater than the income generated by Samsung Electronics at the time of the false advertising. Federal Judge Patrick Murphy said Samsung Australia should not get too much credit for cooperating with the Australian Competition and Consumer Commissions investigation into misleading advertising for Galaxy phones. The judge denied that Samsungs lawyers initially denied that the ad was misleading and that the phone could be submerged. Read More..

B2B Tech News | 3 years ago

Egyptian digital services enter a new phase based on electronic signatures

Minister of Communications and Information Technology Amr Talaat said that Egypt is taking steady steps towards achieving comprehensive development an

Minister of Communications and Information Technology Amr Talaat said that Egypt is taking steady steps towards achieving comprehensive development and building a digital state. This came during his speech before the EgyptianLebanese Association of Businessmens ELBA meeting on Tuesday. He stressed that a new phase of digital services based on the electronic signature has been launched. The electronic signature system was activated in several stages, starting with its activation in government applications. Giant data centers have also been established at the highest technical level to host and preserve citizens data. The Minister of Communications indicated that more than 90% of the data traffic between East and West passes through Egyptian lands and waters. He pointed out that several digital transformation projects are being implemented in cooperation with various sectors of the state, with investments amounting to more than EGP 15bn. These include the mechanization of the agricultura Read More..

B2B Tech News | 3 years ago

Blockchain technology is Among Market Trends in Asset Servicing

Blockchain significantly reduces the amount of paper associated with asset maintenance. This makes the transaction process more efficient and costeffe

Blockchain significantly reduces the amount of paper associated with asset maintenance. This makes the transaction process more efficient and costeffective for the business and the customer. The global real estate market size is expected to grow from USD 712.8 billion in 2021 to USD 784.03 billion in 2022 at a CAGR of 10%. Alternative investments are financial assets that do not fall into the category of conventional financial assets, such as stocks, bonds and cash. Alternative investments include hedge funds, private equity, commodities, mineral rights, real estate investment trusts REITs, art and antiques, intellectual property, and derivatives futures, options, and swaps. In 2021, North America was the largest region in the global real estate market. Read More..

B2B Tech News | 3 years ago

US and Japan to Conclude Joint Semiconductor Research Agreement

Japan and the United States are expected to agree on joint research for nextgeneration semiconductors. The move is intended to establish a secure sour

Japan and the United States are expected to agree on joint research for nextgeneration semiconductors. The move is intended to establish a secure source of vital components. Supply chain security is expected to be a major topic during economic talks. A joint research and development center will be set up in Japan by the end of this year. The center will include a prototype production line and should begin producing semiconductors by 2025, it says. Concerns have been raised about the stability of supply if trouble arises between Taiwan and China, which view the island as a renegade province. The new technology will be offered to companies in Japan as well as South Korea and Taiwan. Read More..

B2B Tech News | 3 years ago

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1. Global online sales are predicted to reach 22% of all retail sales in 2023.
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2. Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3. Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4. Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5. Approximately 8 billion gadgets connect on the internet every day.
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