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Making Remarkable Energy Grids a Reality

CIO

Energy Information Administration forecasts 47% higher global energy demand by 2050. [1] 2] But by 2050, as we collectively seek to meet net-zero targets, 90% of the world’s electricity is predicted to come from renewable sources. [3] The future is renewable Growth in energy demand is unlikely to change. EIA , October 2021. [2]

Energy 167
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ZeroAvia’s hydrogen-powered vision for aviation nets $21.4 million from Amazon, Shell and Bill Gates-backed fund

TechCrunch

government to ensure that its 19-seat hydrogen-electric airplane is ready for the market by 2023. Longtime investor Shell Ventures doubled down on its commitment to ZeroAvia with this round, on the back of the company’s unique approach to integrating various proven technologies to bring hybrid hydrogen-electric flight to market.

.Net 195
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ZEBOX, an incubator for supply chain startups, launches its Asia hub in Singapore

TechCrunch

Based in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea. Another is decarbonization and ZEBOX is looking at alternative fuels, net zero energy, asset recovery, green infrastructure, emissions tracking and reporting and sustainable warehousing and distribution.

.Net 196
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REEF Technology raises $700M from SoftBank and others to remake parking lots

TechCrunch

While it still manages parking lots, it now it adds infrastructure for cloud kitchens, healthcare clinics, logistics and last-mile delivery, and even old school brick and mortar retail and experiential consumer spaces on top of those now-empty parking structures and spaces. “Data and infrastructure is a big part of our neighborhood hub.

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Banyan wants to unlock financing for a (more) sustainable future

TechCrunch

When it comes to sustainable infrastructure development, technology is making terrific leaps and bounds. With its $25 million Series B funding — which takes its total funding to over $42 million — Banyan Infrastructure is seeking to align sustainable project finance with the technology it is meant to support and develop.

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Dawn of a new day for Africa: building a modern digital economy

CIO

Africa is undergoing a remarkable transformation, rebuilding the foundations of its economy with new value-creating digital infrastructure. Another statistic demonstrates the scale of change: according to the United Nations , Africa is the fastest urbanising continent in the world, forecast to hit 60% by 2050.

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The role of IoT in shaping smart cities

CIO

By 2050, an estimated 68% of the global population will reside in urban environments, placing immense strain on existing infrastructure and resource allocation. According to IDC, the IoT market in the Middle East and Africa is set to surpass $30.2 billion by 2028, with a robust compound annual growth rate (CAGR) of 10.9%

IoT 185