Water Taxi Market 2024: Industry Global Revenue, Regional Statistics & Company Analysis

Water Taxi Market 2024: Industry Global Revenue, Regional Statistics & Company Analysis

The hybrid-based water taxi market is anticipated to register a 5% CAGR By 2024. The rising penetration of the green movement has lately spurred manufacturers to shift their focus toward building more hybrid boats. As such, these boats cause a substantial improvement in the levels of noise and water pollution as compared to diesel water taxis and are expected to be widely in demand in the future.

The rise in the interest for adopting ecofriendly means of transportation has been a pivotal driving force for water taxi market. Water taxis have played a major role in promoting tourism and are specifically used as vital means of transportation in cities like Venice and Amsterda

NYPA introduces new technology to monitor grid-network in real-time

NYPA introduces new technology to monitor grid-network in real-time

The New York Power Authority (NYPA) has reportedly developed a real-time grid monitoring solution termed the phasor measurements unit (PMU) and analytics platform by utilizing USD 1.2 million funding from the U.S. Department of Energy.

The technology was developed in collaboration with the Bonneville Power Administration and Electric Power Group using assets held by NYPA.

NYPA would use the technology to monitor the activities of its distributed energy assets in real-time, allowing the utility to detect and respond to system outages. This would reduce power outages, improve customer service and grid dependability.

Steering Wheel Switches Market 2025 : Regional Outlook, Trend, Industry Share & Forecast Report

Steering Wheel Switches Market 2025 : Regional Outlook, Trend, Industry Share & Forecast Report

The steering wheel switches market is highly characterized by the push switches segment. This growth can be credited to the mounting product implementation in vehicles on the grounds of performing various applications. High product deployment across the OEMs owing to the explicit features of easy operation and improved functionality has displayed an upsurge in the market growth in the recent times.

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For most part, additional switches help the driver operate d

Automotive Gesture Recognition Market: Growth Forecast, Competitive Analysis & Industry statistics Till 2026

Automotive Gesture Recognition Market: Growth Forecast, Competitive Analysis & Industry statistics Till 2026

Europe automotive gesture recognition market share is poised to experience a CAGR of around 17% during the analysis timeframe. The European government has introduced numerous initiatives to support the adoption of autonomous vehicles. Regional carmakers are increasingly deploying gesture control systems into both conventional and autonomous vehicles to offer improved driving experience and faster access. For instance, autonomous carmaker Waymo has implemented gesture recognition systems in its self-driving cars that can recognize and respond to hand signals of traffic police.

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Automotive Switch Market: APAC Region is Expected to Grow Significantly By 2026

Automotive Switch Market: APAC Region is Expected to Grow Significantly By 2026

The APAC automotive switch market is expected to showcase notable CAGR of 4% through 2026. Improving disposable income among people in emerging countries across Asia Pacific will expand regional opportunities in automotive switch industry over the period of study.

Developments in the automobile sector owing to product innovations will support the industry dynamics. With an aim to enhance passenger-vehicle safety, countries like China, India and Japan are recording increased use of ADAS and other safety systems. Additionally, there increasing adoption of electric vehicles in the region owing to stringent regulations by the government to reduce carbon emission levels and ade

Singapore’s Azentio to acquire software assets from Path Solutions

Singapore’s Azentio to acquire software assets from Path Solutions

Azentio Software (Azentio), a Singapore-based software products company, has confirmed signing a binding agreement to acquire some of the software assets from Path Solutions, a leading provider of core banking software (including the flagship products iMAL™, Path Digital, iShraq™ and Path Analytics).

The deal is subject to customary closing conditions and is depending on receiving necessary regulatory approvals.

With this acquisition, Azentio will strengthen its banking portfolio by the addition of complementary core banking software capabilities and a full range of next-generation solutions aimed at Islamic banks and financ

Reliance New Energy & partners to pump US$144Mn in Ambri

Reliance New Energy & partners to pump US$144Mn in Ambri

RNSEL (Reliance New Energy Solar Ltd.), a sub-division wholly owned by Reliance Industries, along with strategic investors such as Bill Gates, Paulson & Co., and others, have recently devised plans to invest $144 million in U.S-based energy storage company, Ambri Inc.

The investment will be used to assist the energy firm to develop and expand its long-term energy storage solutions business around the world. In addition, RNESL will invest $50 million in Ambri to purchase 42.3 million preferred stock shares.

Reliance believes that Ambri's energy storage systems that is based on its patented technology and designed to last between

ReNew Power to devote $1.2Bn for India’s 1st RTC clean energy project

ReNew Power to devote $1.2Bn for India’s 1st RTC clean energy project

ReNew Power, one of India’s largest renewable energy company by operational capacity, is all set to invest over $1.2 billion in establishing a 1.3 GW hybrid RE (renewable energy) project that will provide round the clock (RTC) clean energy supply in the country.

As per reports, ReNew would build the whole project capacity in three states, namely Karnataka, Maharashtra, and Rajasthan. The hybrid capacity will include 0.9 GW of wind power, 0.4 GW of solar power, and comparable battery storage.

The project was won by ReNew Power in a tender issued by SECI (Solar Energy Corporation of India) in May 2020 at a proposed tariff rate of Rs

Spain’s La Liga announces €2.7 bn deal with CVC Capital Partners

Spain’s La Liga announces €2.7 bn deal with CVC Capital Partners

Well-known private sports association, La Liga has reportedly agreed to a €2.7bn deal with private equity frontrunner, CVC, in a bid to involve the latter in running a large European football league for the first time.

Sources close to La Liga, which looks after the top two divisions of Spanish football, have disclosed that it would create a new business in order to take authority of most of the activities, in which CVC Capital Partners would account for a 10% stake.

Apparently, the deal would value La Liga at around €24.3bn. Meanwhile, Clubs would acquire nearly 90% of funds from CVC’s investment, which is inclusive of