Research shows solar-plus-storage is an increasingly viable option for India’s power sector

first_img FacebookTwitterLinkedInEmailPrint分享The Economic Times:India is fast moving towards an energy future with systems that will combine solar power and battery technologies, according to research firm JMK Research & Analytics. The levelized cost of electricity (LCOE) of such a system is already economical for the commercial and industrial category in most of the states for both open access and rooftop solar projects, it said in a statement.“Solar+storage is also a viable option for the standalone system where there is no grid connectivity, and the electricity is generated using diesel gensets. The cost of storage systems is likely to fall further with the proposed battery manufacturing facilities. Thus, improving the financial viability of solar+storage systems,” the firm said in a press release.JMK Research considered three scenarios to understand the current cost dynamics of battery storage. In this, they analysed technical and financial parameters of the solar+storage system for behind the meter installations for the commercial and industrial segment.The rationale behind the four-hour battery backup is that the peak demand comes from 6 pm to 8 pm in the evening and as more and more states opt for the time-of-day tariff, the battery back-up of four hours would help consumers avoid the high cost of tariff applicable in these peak hours.The financial model is based on assumptions including for solar a depreciation of 3.6 per cent for 25 years and for battery a depreciation of 9 per cent for first battery life, followed by 6 per cent for second battery life.The tariff of the combined solar and battery system would range between Rs 6.6 per unit and Rs 9 per unit under different capacity scenarios for both the technologies.More: India moving towards a solar-battery combined future and faster than before Research shows solar-plus-storage is an increasingly viable option for India’s power sectorlast_img read more

Australian company secures funding for major green hydrogen project

first_img FacebookTwitterLinkedInEmailPrint分享Renew Economy:Australia is set to see a massive expansion of renewable hydrogen production, after a $300 million project destined for Western Australia succeeded in securing investment funding.The project is being developed by Perth-based company Infinite Blue Energy, which is planning to build what will become Australia’s largest hydrogen production facility using supplies of wind and solar energy.The Arrowsmith Hydrogen Project, which will be built at a facility in the town of Dongara, located 320km north of Perth, is expected to produce 25 tonnes of green hydrogen each day, powered by wind and solar.Works on the project are expected to commence by the middle of the year. First production from the facility is planned for the final quarter of 2022.The production of renewable hydrogen has been promoted as a key solution to the need to store and transport energy, while reducing global greenhouse gas emissions. Hydrogen has the potential for use in energy storage, as well as in use as a transport fuel, but has so far seen limited uptake, despite rapidly falling costs.The Arrowsmith Hydrogen project is the first of many planned by the consortium, which hopes to have many similar projects established across regional Western Australia. The company already has plans for a follow-up project that will have the capacity to produce as much as 75,000Kg/day of renewable hydrogen.[Michael Mazengarb]More: Massive hydrogen project gets green light after securing $300m investment Australian company secures funding for major green hydrogen projectlast_img read more

Shirley Pedestrian Struck, Killed by Car

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A 53-year-old man was fatally struck by a car while walking across a street about three miles from his Shirley home on Thursday night.Suffolk County police said Sophan Korur was crossing William Floyd Parkway when he was hit by a southbound Toyota Camry south of Montauk Highway at 7:17 p.m.The victim was taken to Brookhaven Memorial Hospital Medical Center in East Patchogue where he died shortly later.The driver, 26-year-oldAngela Gonzalez of Patchogue, was not injured in the crash.Seventh Squad detectives are continuing the investigation and ask anyone who may have witnessed the crash to contact them at 631-852-8752.last_img read more

Hamptons Teacher Gets Probation for Spying on Girls

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A former Westhampton Middle School gym teacher who admitted filming girls changing in a locker room earlier this year was spared prison time when he was sentenced Wednesday to five years probation.Thomas Sheppard had pleaded guilty at Suffolk County court in October to unlawful surveillance, a felony, and seven counts of endangering the welfare of a minor.Prosecutors, who recommended the 28-year-old Speonk man be sentenced to one and one-third to four years in prison, have said Sheppard used his cell phone to record the victims.Sheppard will surrender his teaching license and Judge Barbara Kahn directed the defendant register as a sex offender.last_img read more

4 Money20/20 take-aways

first_imgToward the end of each year, thousands of technology and finance folks converge on Las Vegas for Money20/20 USA. This year’s event was mid-October. I have no idea whether Money20/20 is the biggest financial technology conference, but it certainly eclipses any of the other shows I regularly attend. It of course doesn’t compare with Comdex of the late 90s in terms of size, but it does have the same feel as Comdex. This is a show where small exhibitors go big and big exhibitors go bigger.I talked to a lot of different people about a lot of interesting topics, but a few themes seemed to bubble to the top of every conversation I had. If these topics are top-of-mind for a wide range of industry experts, I’m going to go out on a limb and say they should be top of mind for you and me, too.1. There’s cloud, then there are all the ways computing used to get doneI’ve beat the cloud drum a number of times in this space. I’ve talked about the need for credit unions to get out of the hardware business so they can focus on not getting their asses kicked by everyone from the bank down the street to Google and Amazon. I’ve talked about all the money you save not having to spend it on hardware upkeep. And I’ve talked about the scalability of the cloud, providing just as much computing power as you need, when you need it. The one area I haven’t really dived into is the value of the cloud as a software delivery channel.When a vendor develops its software in and for the cloud, that software is inherently scalable. As I noted earlier, the cloud is all about scalability. And when software is very scalable, it can be sized up and down to meet the needs of a wider range of credit unions. Plus, keep in mind that the software developer isn’t paying for hardware either. All that in turn means the software can be priced more flexibly, making it more accessible.Consider, for example, artificial intelligence. Not so long ago, only the biggest of the big financial institutions were investing in AI. That’s because they were the only ones that could afford AI. Today, AI technology delivered via the cloud is within reach of even small credit unions.As Sean Breen, Senior Director of Banking and Payments Consulting at NTT Data Services, commented to me, “Why has the cloud picked up steam lately? One reason is that it makes very expensive solutions available to a wider range of institutions. The cloud gives credit unions access to these tools and lets them level the playing field.” He added that because of their willingness to work together, credit unions have a natural edge.2. Your data really is gold. Maybe even platinum.Breen went on to say that while credit unions do a great job of managing member relationships, they need to start leveraging technologies like artificial intelligence to make better use of the data they have at their disposal.Mickey Goldwasser, VP of Marketing for PayRailz, echoed this thought. He pointed out that machine learning and AI can leverage data to, for example, become more predictive when it comes to bill payments. Why is that important?“It means becoming more assistive to the member,” Goldwasser told me. “The credit union knows what bills I usually pay, so it can remind me as they become due, pay the bills as needed, or even move money from account to account to cover a bill payment.”3. A better user experience (UX) wins every time“What we’re trying to do at Payrailz is create a payments experience for the consumer,” added Goldwasser. “We can even look at your bills and say, for example, your mobile bill looks high. Do you want us to renegotiate it?” He said that as credit unions look to improve the member experience, they need to carefully consider every touchpoint.One of the hottest buzzwords in UX circles is frictionless. However, not every interaction can be frictionless, nor would you want it to be. Instead, every interaction needs the appropriate level of friction.“Say for example you transfer $50 to your son for pizza money every now and then,” Will LaSala, Director of Security Solutions for OneSpan, told me. “That becomes a known transaction that requires very little friction. But if you’re transferring $50,000 to a person the credit union doesn’t recognize, you as the consumer should want and expect some friction.” He said that technologies like machine learning and AI can leverage data to determine the appropriate level of friction in any transaction, thereby creating the optimum member experience.4. Cards will live to see another day.I was surprised to see how many vendors there were pitching various forms of plastic. If you spend much time reading tech news, it’s easy to believe that every transaction from buying plastic cups for beer pong to buying a home to play beer pong in will soon be done exclusively from your smartphone.“We recently completed a global study that showed cards aren’t going away any time soon,” said Alyssa Arredondo, Director of Financial Vertical Marketing at Entrust Data Card. “What’s changing is how cards fit into the digital ecosystem.” She pointed out that virtually all digital banks issue debit cards, and even companies like Venmo have started issuing plastic. What is becoming more essential in keeping pace with today’s consumer, she added, is instant issuance. Nobody wants to wait for a card.With 2019 staring us in the face, I suggest we all keep these topics top of mind in the coming months. 20SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,John San Filippo John is the co-founder of OmniChannel Communications, Inc., a company that specializes in B2B marketing to community financial institutions. He started out in the savings and loan industry, but wisely … Web: www.omnichannelcommunications.com Detailslast_img read more

11 Crew Airlifted from Sinking Ship off Hong Kong

first_imgEleven crew members have been evacuated from a sinking cargo ship, identified as Hong-Tai 176, while underway in the waters of Hong Kong as tropical cyclone Pakhar battered the area.The vessel sent a distress call while en route some 64 nautical miles east of Hong Kong on Sunday morning, August 27, with 11 crew members on board, Xinhua reports citing the Government Flying Service (GFS) of China’s Hong Kong Special Administrative Region (HKSAR).Once informed of the incident, GFS sent a helicopter to the scene to rescue the distressed crew.When the aircraft arrived at the scene, the ship’s bow was reportedly already submerged into the water.As informed, 10 airlifted crew members were in stable condition, while one sailor sustained minor injuries. The rescue operation was hampered by strong wind, water swells, and poor visibility.The Chinese-flagged vessel sank shortly thereafter.Based on the latest update from the government, the cyclone Pakhar is moving away from Hong Kong.On August 27, the Hong Kong Pilots Association Limited said that the pilotage service will partially resume from 10 pm Sunday and will fully resume operations when weather conditions improve. The pilotage service was suspended as of August 26 due to the tropical cyclone. The Tuen Mun Ferry Terminal in Tuen Mun, the China Ferry Terminal in Tsim Sha Tsui and the Hong Kong-Macau Ferry Terminal in Sheung Wan have been reopened as well.World Maritime News Stafflast_img read more

Arnold J. Bischoff- Milan

first_imgArnold J. Bischoff, of Milan, was born on October 16, 1943 in Batesville, the son of Irwin and Rita Bedel Bischoff.  He graduated from Sunman High School and later Purdue University with a degree in agriculture.  Arnold served his country in the United States Army where he was part of the rifle team.  He was a life-long farmer, former manager of Sunman CO-OP and retired from Schwan’s.  Arnold was a member of St. Nicholas Catholic Church, the Sunman American Legion Kenneth Diver Post #337, the Sunman Fish and Game Club, the Indiana Archery Association, and the National Muzzle loading Rifle Association.  He was also a life member of the NRA.  Arnold was an avid outdoorsman and loved to hunt and fish.  He is fondly remember by his family as someone with a green thumb who “could grow anything!”  He also enjoyed cutting wood and riding his 4 wheeler.  On Tuesday, February 27, 2018 at the age of 74, he passed away at Dearborn County Hospital in Lawrenceburg. In lieu of flowers, memorial contributions can be directed to St. Nicholas School or to Dearborn County hospice.  To sign the online guestbook or leave personal condolences please visit www.cookrosenberger.com.  The staff of Cook Rosenberger Funeral Home is honored to serve the family of Arnold Bischoff. Those surviving who will cherish Arnold’s memory include two sisters, Rosalyn (Eugene) Walke of Batesville, and Elaine (Jim) Cornett of Columbus; 5 brothers including his twin, Arthur (Mary Lou) Bischoff of Powell, OH, Eugene (Shirley) Bischoff of Marion, Irvin Bischoff of Cedar Grove, Daniel (Teena) Bischoff of Milan, and Victor (Diane) Bischoff of Aurora; numerous nieces and nephews and several great nieces and nephews.  Besides his parents, he was preceded in death by one sister, Ruthie Bischoff.center_img Friends may visit with the family on Sunday, March 4, 2018 from 3 until 7 p.m. at Cook Rosenberger Funeral Home, 107 Vine Street, Sunman.  Rosary will be recited at 2:30 p.m.  A Mass of Christian burial, celebrated by Father Shaun Whittington and Father Frank Eckstein, will be held on Monday at 10:30 a.m. at St. Nicholas Catholic Church.  Burial will immediately follow in the church cemetery with military honors.last_img read more

Leeds record first Premier League win in seven-goal thriller

first_imgLeeds were involved in another seven-goal thriller as they held on to beat Fulham 4-3 when Premier League football returned to Elland Road.Marcelo Bielsa’s side, who lost their first top-flight game in 16 years 4-3 at champions Liverpool last week, appeared to be cruising when Helder Costa put them 4-1 up, but Fulham hit back to ensure a rip-roaring finale. Costa’s early opener for Leeds was cancelled out by Aleksandar Mitrovic’s penalty before Mateusz Klich’s spot-kick restored Leeds’ advantage at the end of the first half.Patrick Bamford and Costa struck further goals for Leeds early in the second period, but Fulham substitute Bobby Decordova-Reid fired the visitors back into it and Mitrovic’s header five minutes later left Bielsa’s side hanging on.Joe Bryan’s early free-kick, reminiscent of his effort in last month’s play-off final against Brentford, almost caught Leeds cold before Costa’s blistering finish gave Leeds a dream start.The Portuguese gathered Kalvin Phillips’ corner at the back post in the fifth minute and unleashed an unstoppable shot from a tight angle into the roof of the net.Fulham defender Michael Hector and Leeds’ summer recruit Robin Koch both went close with headers, the latter’s forcing an excellent save from Fulham goalkeeper Alphonse Areola. It was a keenly fought contest and Fulham equalised through Mitrovic’s 34th-minute penalty.Bryan went down on the left edge of the area under Koch’s sliding challenge and after referee Anthony Taylor had checked with the video assistant referee, Mitrovic converted into Illan Meslier’s bottom right-hand corner.But the Londoners were not level for long. Bryan was adjudged to have shoved Bamford in a race to reach Jack Harrison’s raking cross into the box and Klich coolly restored Leeds’ advantage.Rodrigo, who had played the full 90 minutes on his debut in the Carabao Cup defeat to Hull on Wednesday night, was replaced by Tyler Roberts during the interval.Leeds quickly readjusted and struck their third goal in the 51st minute, with Bamford clinically dispatching a right-footed shot after Klich’s brilliant pass had carved Fulham’s defence wide open. Leeds struck again to make it 4-1 in the 57th minute with a superb second goal for Costa, who slammed home first time following Bamford’s run and cross.But Fulham refused to surrender. Substitute Decordova-Reid drilled home his side’s second soon after replacing Josh Onomah in the 62nd minute and five minutes later Mitrovic’s towering header from Kenny Tete’s cross made it 4-3.The home side rode the storm and went close to scoring the game’s eighth goal when Alioski’s shot and Roberts’ follow-up were both saved by Areola.Mitrovic then forced Meslier into a diving save and while Leeds looked the more likely to score in the closing stages, the home bench held their breath when Denis Odoi’s last-gasp drive flew over the crossbar.RelatedPosts Lampard: I still have confidence in Tomori Mane double eases Liverpool to win over 10-man Chelsea EPL: Chelsea, Liverpool in cagey duel Tags: FulhamLeeds UnitedLiverpoolMarcelo Bielsalast_img read more

Ozil: We will win trophies

first_img Ozil made his mind up to leave after being told he no longer figured in the first-team plans of Madrid manager Carlo Ancelotti following the world-record signing of Gareth Bale from Tottenham. The German is now determined to make a major impact with the Gunners alongside the likes of Jack Wilshere, Theo Walcott and Santi Cazorla as the team look to deliver some silverware to finally follow the 2005 FA Cup into the Emirates Stadium trophy cabinet. “I want to improve myself further and I am looking forward to the style of play. Arsenal are well known for the strength of their technical game and their desire to play attacking football. I think I will fit perfectly into that. That is why I chose to sign for the club,” Ozil said in an interview with Arsenal Player. “In the last few years, Arsenal haven’t been so successful, but we want to become more successful. “We want to win trophies. I think the fans are looking forward to that too. “We have a very strong and a very young team that can improve a lot under the manager. I think we will win trophies because we have the potential [to do so].” The influence of Wenger cannot be underestimated in securing a deal which was brokered over the weekend, when Arsenal beat arch-rivals Tottenham in the north London derby. The French coach – who has come in for severe criticism over recent seasons, but still continued to deliver Champions League qualification – spoke personally to Ozil, a player he had tracked since emerging at Werder Bremen, which helped fend off late interest from both Paris St Germain and Manchester United. Midfielder Mesut Ozil is confident he can fit right into the heartbeat of the Arsenal side and help end their quest for a first trophy in almost a decade. Ozil believes his style of play will help him settle quickly into a new environment, with his first outing likely to be at Sunderland on September 14. “I am the sort of player that likes to create goals. I think a lot of my team-mates know me as a player who is not selfish,” he said. “It makes me very happy when I create goals or score goals myself, but the most important thing is that the team reaches its goal and plays positive football.” Ozil was part of the Germany Under-21 side which beat England 4-0 in the final of the 2009 European Championships. He added: “I am happy to be playing in the Premier League because everyone knows it is the strongest league in the world. There are simply a lot of top teams. “I want to prove myself there. It is a new challenge for me, a new task. “I am looking forward to that. I want to improve further under the boss and in the team. I am really excited about it. “I am so happy to be playing at Arsenal. I am honoured by it. I hope we can have a successful season.” Like many of his new team-mates, Ozil will be busy on international duty in the World Cup qualifiers, with Arsenal defender Per Mertesacker also in the German squad for the Group C games against Austria and Faroe Islands. Forward Lukas Podolski will have to wait a while before he can link-up with Ozil back at Arsenal, as he recovers from a hamstring tear. However, Podolski is in no doubt of the impact Ozil can have. Speaking to the Bild newspaper, he said: ‘Mesut will help us in any situation. Our system and game at Arsenal will fit very well to him. “Definitely Mesut and I will rock Arsenal. It is our great goal to have success in London. We already play awesome football. The only think that has been missing was the last punch, that surprise moment. That’s exactly what Mesut can give us, with a super pass or a solo move.” After moving to strengthen his squad with new arrivals, Wenger is now likely to look to tie up the future of Bacary Sagna, with the France international in talks to extend his contract which expires at the end of the season. The 24-year-old Germany international completed a club-record transfer from Real Madrid late on deadline day for a fee believed to be £43million as Gunners boss Arsene Wenger finally delivered a marquee signing. The departure of the third-generation Turkish-German play-maker was greeted with shock by some of his former team-mates, so highly is he rated among his peers. Press Associationlast_img read more

Bowen unfazed by Pellegrini jibe

first_img City boss Manuel Pellegrini was dismissive of Chelsea’s tactics at Etihad Stadium, branding the table-toppers a “small team” and likening their methods to those employed by the Potters in their surprise 1-0 win in August. It would be easy for Stoke to be unhappy about being used as the Chilean’s benchmark for negativity, but Bowen insisted Hughes was happy to be compared to a side who are three points clear at the Barclays Premier League summit. Press Association Bowen said: “We have watched Sunderland a couple of times. They have had a similar start to us with a slow start at home but you only have to look at the players they have available to know it will be a tough game.” The Potters are likely to make several changes for the match, with Jack Butland and Thomas Sorensen vying for Asmir Begovic’s spot in goal and the likes of Robert Huth, Marc Muniesa, Oussama Assaidi and Stephen Ireland all looking for game time. “We have a number of players eager to get a game and force their way into the team,” said Bowen. “Mark took it as a compliment. If Jose Mourinho went with the same tactics as us, we can’t be doing a lot wrong,” said Bowen. “I don’t think it was meant as a degrading comment to Stoke City. “Pellegrini was maybe just protecting himself because it’s been a while since they have won at home. “At least he still remembers Stoke City – and I hope he remembers us the next time we play them as well. “If he used the word ‘team’ it’s nice to be called small because Stoke have been called a giant team in the past.” The shock success in Manchester was Stoke’s last win, having lost at home to Leicester and drawn 2-2 with QPR at the weekend. They have the chance to get back on track in the Capital One Cup third round on Tuesday night, where they face last season’s beaten finalists Sunderland. The Black Cats have yet to win in the league this term, but saw off Birmingham City 3-0 in the previous round of the cup. Stoke boss Mark Hughes was unperturbed about his side being drawn into the verbal battle between Chelsea and Manchester City, according to his assistant Mark Bowen.last_img read more