MHI Thermal to install Aquifer Energy at Aisan industry’s Anjo plant

27 Nov 2024 CW Team

Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems) has secured an order from Aisan Industry Co., Ltd. to install a large-scale Aquifer Thermal Energy Storage (ATES) system at Aisan’s upcoming Anjo Plant in Aichi Prefecture. This marks the first practical deployment of an ATES system in Japan’s Chubu region and the fifth such installation nationwide, including demonstration and social implementation projects. The project is being facilitated through Obayashi Corporation, which is overseeing the plant's construction. Scheduled for operation in winter 2025, the ATES system will provide air conditioning at the plant. By leveraging high-efficiency centrifugal chillers and advanced control technologies like automatic mode-switching, the system is expected to cut annual CO2 emissions by approximately 50% compared to traditional air conditioning systems. This innovation has earned recognition under Japan’s Fiscal 2023 CO2 Emission Control Subsidy Program. The ATES system utilises underground aquifers as natural heat storage, cycling heat between seasons—for instance, storing winter’s cold for summer cooling and summer’s warmth for winter heating. This technology has garnered accolades, including the Energy Conservation Center, Japan Chairman’s Award and the Demand Side Management Award. Aisan Industry’s new Anjo Plant aims to achieve carbon neutrality while advancing digital transformation (DX). The plant will feature automated 24/7 production lines, collaborative robots, IoT-integrated quality assurance, and efficient logistics. MHI Thermal Systems’ ATES system will play a pivotal role in supporting these sustainability and innovation goals by enhancing energy efficiency and promoting the use of natural energy sources. (Bisinfotech)

Infrastructure Urban

16 May 2025

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..