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Rethink Energy
5th April 2023

Vast goes public, building first large CSP project in Australia

Vast Solar went public on February 14th through a business combination with Nabors Energy Transition Corporation, a special purpose acquisition company (SPAC). We spoke to Craig Wood, CEO of the CSP developer, which is now simply called “Vast” and has commenced work on a 230 MW project pipeline in Australia. According to Wood, the SPAC market has cooled down lately, but there’s still appetite to back companies within a particular expertise. Due to a SPAC concept called the ‘degree of redemptions’, investors with money in the cash box can retract their money if they dislike the deal. As such, the implied equity value of the combined company is between $305 million and $586 million. This came shortly after Vast Solar…

Rethink Energy
5th April 2023

US firms are ready with super silicon anodes for EV market

Literally, just as we were preparing an answer on silicon anode technology for a client, a list of relevant announcements came in – the first of which is Group14 Technologies which says it is building its first gigafactory using the technology – purely making advanced silicon battery materials, not entire batteries. The factory is expected to begin manufacturing and delivering silicon battery technology in Moses Lake, Washington State by 2024 and comprises a one million square foot campus, opening up 600 new jobs during its construction. Group14 makes the boast that it will buy $30 million of US steel for the factory and says it will be the world’s largest factory of advanced silicon battery materials. That’s not too surprising…

Rethink Energy
5th April 2023

UK eyeing electrolyzer market share with 3GW Scottish project

Statera Energy, a UK company specializing in grid balancing through battery storage, has just announced plans to develop a 3 GW green hydrogen project in Kintore, Scotland. The project named Kintore Hydrogen will see excess wind energy from the North Sea power a 3 GW electrolysis plant that will produce green hydrogen that will be transported through existing gas transmission pipelines. As part of the UK Government’s Net Zero Hydrogen Fund, Kintore Hydrogen will receive funding, planning and consenting work. The initial phase of the project will be represented by 500 MW of electrolysis capacity and the Final Investment Decision is due for 2025. The full 3 GW scale of the project is expected to come online by 2030. The…

Wireless Watch
4th April 2023

Round-up of highlights from the week’s news

After months of uncertainty, the Canadian Ministry of Innovation, Science, and Industry last week confirmed Canadian MNO Rogers Communications’ proposed $16bn merger/acquisition of Shaw Communications. Initially proposed two years ago in March 2021, the deal to create a Canadian heavyweight of fixed-line and mobile converged services was contentious from the beginning, with dissenting voices proclaiming the steamrolling of consumer interests. The last of the three regulatory holdouts, Canada’s Competition’s Bureau, was defeated in an early January appeals court ruling. Final approval concerned the transfer of some of Shaw’s spectrum licenses as part of the sale of its 2m subscriber-strong Freedom Mobile business to Quebecor subsidiary Videotron, a condition imposed by regulators. Fixed-mobile convergence is also a major theme in other…

Wireless Watch
4th April 2023

China and US increasingly decouple their submarine cable networks

Submarine communications cables may prove the next casualty of the growing geopolitical rivalry between the US and China. As this struggle progresses from rhetoric to action, Chinese and Western projects are becoming increasingly decoupled, and extending to provision of essential global infrastructure where cooperation had become well established. Recent media reports have unearthed a comprehensive effort by the US to deny Chinese submarine cable supplier HMN Tech lucrative contracts in large international projects around the world, most notably the SeaMeWe-6 cable connecting Southern France with Singapore by way of Egypt, Djibouti and India. China for its part has sought to increase its capabilities and compete globally through its own specialist companies. This threatens to end the dominance enjoyed until recently…

Wireless Watch
4th April 2023

Shine goes off convergence deals, at least for fixed-line operators

Convergence might seem right back on the agenda for major telcos now that the long-awaited merger of Canada’s Rogers Communications with cable operator Shaw Communications has been approved at last.  As further evidence for this view, Orange has been cleared to acquire two Belgian cablecos and increase its fixed/mobile capabilities in that market, mirroring similar moves by the French operator in several of its other European territories. Certainly, the past decade has seen mobile-only operators racing to build or acquire fixed-line assets, as the commercial challenges of being too mobile-centric intensified. Vodafone, highly valued at the turn of the century because it was not bogged down by legacy fixed-line burdens, later found that it lacked the scale and range of…

Faultline
30th March 2023

OTT Video News, Deals, Launches and Products

Five years ago this week… Encoding rivals Ateme and Harmonic announced last gasp ATSC 3.0 partnerships in the run up to NAB 2018. Industry players hoped that the show floor of the Las Vegas Convention Center would not mirror the dismal showing of ATSC 3.0-enabled consumer devices at CES a few months prior. Harmonic looked to accelerate ATSC 3.0 adoption by signing up for the Phoenix Model Market Initiative, a collaborative open test bed. Meanwhile, Ateme had bagged a live encoding deployment deal with Sinclair Broadcast Group to accelerate the roll out of OTA ATSC 3.0 TV services.   — The Kudelski Group has reported a full-year 2022 revenue decrease of 8.1% to $715.9 million, with operating income tanking by 97.1% to $0.9 million, on net loss of -$16.25 million.…

Faultline
30th March 2023

RDK-B highlights interoperability amid concerns of OpenSync obligation

Comcast has collaborated with the OpenSync community to produce what RDK Management is calling a unified WiFi software management component for residential gateways, access points (APs), and mesh extenders. The unified WiFi software – which will be become a default part of RDK-B – aims to provide advanced WiFi management and telemetry features to the open source RDK community. It is easy to read the announcement as RDK Management and its patrons striving to steal more of the WiFi management pie from EasyMesh, the WiFi Alliance standard. However, we should distinguish that OpenSync itself has not become a default component of the new software manager, nor has OpenSync become a default part of RDK-B. Rather, the OpenSync community and Comcast…

Faultline
30th March 2023

Beamr dreams of customer influx with Nvidia GPU support

Nvidia GPUs are about to transform Beamr’s business, or so the Israeli video compression vendor hopes – with internal projections that the launch of its new SaaS service later this year will attract a wave of new enterprise customers. Beamr’s video encoding technology now supports Nvidia GPU acceleration, generating up to 10x speed improvements in video encoding over CPU-based processing, with a significant reduction in bitrate, while maintaining visual quality. Power consumption is not mentioned in the announcement, for obvious reasons. The peak power of Nvidia and AMD GPUs can reach 300W, compared to a typical CPU consuming only 80W. However, many research papers have attempted to debunk the narrative of GPUs being a non-green technology, so it is notable…

Faultline
30th March 2023

24i’s Dr. Foster prescribes FAST pill on Faultline Podcast

Dutch TV app developer 24i has revealed the fruits of a collaboration with broadcast and ad tech specialist Amagi to create free ad-supported streaming TV (FAST) channel experiences. 24i is a company that insists on marketing with substance – something the vendor has criticized competitors for lacking. It was fitting then that we were not delivered a toothless partnership announcement, but a first customer too – in what could prove the beginning of a budding relationship to deliver content recommendations, personalization, and viewer analytics for FAST channel providers. The Amagi partnership was first revealed during the latest episode of the Faultline Podcast, where 24i CEO Dr. Neale Foster took to the microphone to commemorate one-year at the helm. This early…

Rethink Energy
29th March 2023

The world of renewables this week

The China Energy Engineering Group has proposed a 1 GW floating solar farm in Zimbabwe, which will cost almost $1 billion. It will be built on Lake Kariba, a huge man-made water course and involves 1.8 million PV panels on 146 floating units. It is revealed by Bloomberg from an official report for the state’s power utility and funders. Zimbabwe has acute electricity shortages because low water levels have slashed hydro generation. Every lake that has existing hydro and transmission should put in reservoir PV. The European Commission has twisted arms to get the maritime transport sector’s greenhouse gas contribution cut by at least 55% by 2030, and to achieve climate neutrality by 2050. Greenhouse gas intensity of fuels used…

Rethink Energy
29th March 2023

Vietnamese renewables in limbo until new price mechanism

Since the 14 GW solar installation boom of 2020, Vietnam’s grid has been clogged, many solar projects have had their output curtailed, project owners have faced debts and poor remuneration, and government plans switched emphasis to onshore and offshore wind. For over two years the sector has been left in a policy limbo, but it has not died entirely. Several GW of solar have been installed since January 2021 (when an overgenerous Feed-in Tariff was axed, replaced with nothing), even though there is no framework for new grid connections – these are all either self-consumption projects, or projects which missed the 2020 deadline and are taking financial losses as a result. There are now multiple indications that policymakers are taking…

Rethink Energy
29th March 2023

The (Green) Italian Job: More renewables, less gas

GreenIT, a joint venture between Plenitude and CDP Equity, has signed an agreement with Copenhagen Infrastructure Partners (CIP) to develop three floating wind farms in Italy, amounting to 2 GW. The projects will be located in the regions of Latium and Sardinia, approximately 30 kilometers off the coast, and will increase the consortium’s pipeline to a total of 3 GW of offshore wind projects, which will in turn add to the ever-growing pipeline of offshore wind farms being developed in Italy, as the South European country is looking to switch away from purchasing natural gas. Italy is Europe’s top importer of natural gas for usage in electricity generation through gas turbines and has been hit hard by the increase in…

Wireless Watch
28th March 2023

MWC 2023 confirmed returning appetite for eyeball to eyeball contact

One month on from this year’s Mobile World Congress, just about all the comments and analyses have been written, and the main question remaining, as always, is ‘was it worth it?’. Do all the millions and millions of dollars spent, as well as several weeks of distraction from normal business, actually change the fortunes of a vendor or operator, or influence the course of the industry as a whole in the year ahead? We now have the comparator of two years without a recognizable MWC, of course, as well as a pared-down event in 2022. Many observers speculated large stakeholders would realize that they could function perfectly well without the cost and disruption of the Barcelona show and support something…

Wireless Watch
28th March 2023

Cisco pins hopes of 5G pickings on private network as a service

The agonies experienced by Cisco as the largest US telco/comms equipment and technology vendor over cellular and especially the RAN have been illuminating and sometimes excruciating to behold. They underline the dichotomy in the USA between mobile service deployment, where the country has advanced from being a laggard in the 3G era to a leader today, and over the underlying technology, where it has become heavily dependent on overseas companies. That partly explains the USA’s onslaught against the Chinese vendors and especially Huawei, where the national security card was played to justify a campaign whose real motivation was fear of these companies becoming too dominant in global 5G on account of their competitiveness. This has led to overdependence on Ericsson,…

Wireless Watch
28th March 2023

BT and other telcos get on Amazon’s Edge Wavelength

Major telcos are enjoying some success partnering with hyperscalers in the burgeoning Mobile Edge Compute (MEC) field, even if they risk being treated as junior partners just providing the underlying connectivity. There is also a sense of urgency among telcos to recoup 5G spectrum and infrastructure investments by tapping emerging demand for applications and services that require low latency. At least with backing from the hyperscalers they are more likely to convince enterprises that they need such applications. There has been a flurry of such recent partnerships between MNOs and hyperscalers, the latest being BT’s declared “multi-million-pound investment” in MEC which will embed Amazon Web Services (AWS) compute and storage services in its network infrastructure. The UK operator, whose mobile…

Wireless Watch
28th March 2023

AT&T gets in bed with Nvidia to pump AI into its networks

Everybody wants Nvidia’s company these days as the Californian chip vendor soars on the back of its chips optimized for machine learning algorithms in the latest round of AI hype. This time there are more tangible deployments across multiple sectors, in addition to the high profile chatbots amid claims that some pass the Turing Test. Such claims depend on who is doing the test, bearing in mind that many humans would fail it, such as politicians dodging questions they do not want to answer. The current wave of AI has propelled Nvidia’s stock price to dazzling levels, raising the company’s value to $640bn, six times that of Intel which has failed to exploit this trend anywhere near as effectively. Nvidia…

Faultline
23rd March 2023

OTT Video News, Deals, Launches and Products

Five years ago this week… Swedish app store developer Accedo was revealed to be behind another significant operator deal in Asia Pacific, building a unified live and VoD platform for India’s Tata Sky across web, Android and iOS. Coming just six months after a partnership with Asian OTT service SportsFix, which claimed every Malaysian telco as a launch partner, Accedo was making a name for itself in the mobile-first video ecosystem that engulfed much of Asia Pacific. Despite its roots in building gaming app stores for smart TVs, the company’s renewed roadmap was clear – mobile was at the center of its multiscreen strategy. — MarketCast has released a Brand Effect feature for advertising measurement, teaming up with smart TV automatic content recognition data firm…

Faultline
23rd March 2023

Amazon unveils Kuiper dish, AWS rues Blue Origin delays, signs OneWeb

Amazon’s Project Kuiper, its low earth orbit (LEO) satellite constellation initiative, has lifted the lid on its user terminal designs – providing pricing and speed data. It comes after OneWeb bagged a deal with AWS, for bundling connectivity with computing services, and SpaceX launching into the second phase of its Starlink constellation strategy. Project Kuiper has underdelivered, but perhaps not as much as former CEO Jeff Bezos’ Blue Origin vanity project. The still-not-been-to-space rocketry project was meant to be creating a rocket to launch the Kuiper constellation at a mate’s-rates fee, as well as supply aerospace customers with an alternative to SpaceX’s launchers – which have come to dominate the sector, thanks to their reusability. Project Kuiper has secured 92…

Faultline
23rd March 2023

Generative AI reaches content creation

It has taken less than four months since the disruptive launch of ChatGPT in November 2022 for a start-up in the generative AI bubble to burst onto the scene with a system capable of generating video from text, video from still images, and video from video. “No lights. No cameras. All action,” reads the strapline of Runway Research. The start-up has developed a multi-modal AI system that can generate novel videos from text, images, or video clips – all from inside a web-based video editor. For amateur content creators, this could be huge. Production purists argue the results are exactly that – amateurish – but the reality is that once fledgling generative AI models are fine-tuned and put through the…