Archives for June 28, 2017

Solar power revolution ‘unavoidable’ in Asia, says industry expert

June 28, 2017 by Sam Francis

A robot operates at a production line during a tour of an REC solar panel manufacturing plant in Singapore. Reuters / Edgar Su

By Henning Gloystein and Vera Eckert, Reuters

Investors are increasingly excited about the prospects for much faster growth in the solar power industry in Southeast Asia, which has until now been a backwater for renewable energy.

They say that the region is in a perfect position to benefit from rapidly declining prices in solar panels. It has strong economic growth, relatively high costs of electricity and a shortage from traditional sources, undeveloped infrastructure in more remote areas, plenty of sunshine, and backing for more renewable energy from many of Southeast Asia’s governments.

“Dramatically falling costs for solar energy technologies means businesses and governments are choosing renewable energy not for environmental reasons but for economic ones,” said Roberto De Vido, spokesman for Singapore-based Equis, one of Asia’s biggest green energy-focused investment firms with $2.7 billion in committed capital. “It simply makes good business sense. And that’s a trend that’s not going to change.” [Read more…] about Solar power revolution ‘unavoidable’ in Asia, says industry expert

Uber’s autonomous truck journey off to a bumpy start

June 28, 2017 by Sam Francis

By Heather Somerville and Julia Love, Reuters

Uber Technologies’ drive to become a major player in the trucking business is off to a bumpy start, with analysts and industry executives questioning what exactly the company can bring to the sprawling $700-billion industry.

The San Francisco ride-services giant had planned to disrupt freight hauling by offering a complete package of trucking technology including self-driving trucks and smartphone-based logistics services.

But what has emerged so far, industry watchers say, is a modest effort to build a brokerage service connecting truckers looking for loads to shippers with cargo to haul. [Read more…] about Uber’s autonomous truck journey off to a bumpy start

Interview: Big data suggests there’s a trade war looming

June 28, 2017 by Abdul Montaqim

One of the wonders of the modern, computerised world is the emergence of data science. Data science is, arguably, at the heart of most successful businesses today, and its favourite food is big data.

For Panjiva, data science and big data enables it to keep track of virtually all goods moving from one country to another, with a particular emphasis on the US market.

But while it might sound straightforward to some, the actual collation and preparation of the data, and then the presentation of it, is not a simple process. [Read more…] about Interview: Big data suggests there’s a trade war looming