Smart cities are pivoting hardware in pandemic
However, in 2020 smart cities have been pivoting reinvented hardware and associated systems. There is a realisation that these may take up to 90% of the investment. That means smart buildings even in the sea and in deserts. Forest City Malaysia will be reclaimed from the sea and be a jungle of self-watering vegetation.
Some technologies in future zero-emission smart cities. Source: IDTechEx Research, “Smart Cities Market 2021-2041: Energy, Food, Water, Materials, Transportation Forecasts”, www.IDTechEx.com/SmartCities.
It means new forms of transport such as autonomous cars travelling at speed in underground tubes (Elon Musk Loop). Will it be Hyperloop achieving airline speeds in vacuum tubes between cities using magnetic levitation with trains only three seconds apart? Important now is cities making their own food, fresh water and electricity for security and cost reasons.
Multipurpose is key. Examples are Toyota robot shuttles replacing many types of city vehicles in its planned "Woven City", repurposing through the day. School bus then parcel delivery then taxi? They will go over solar plazas and even into shopping malls. Smart glass will perform many functions together. Aquaponics grows fish and vegetables as food in a single set of tubing, the plants feeding on the fish excrement. Agrivoltaics has the new bifacial solar cells mounted vertically like rows of fences so a small field is both a farm and a power station. Yes, multipurpose and smart materials are important now and IDTechEx forecasts that radically new smart city technology may rise to around $1.7 trillion yearly in 20 years.
Republished by arrangement with IDTechEx. Original report "Smart Cities Market 2021-2041: Energy, Food, Water, Materials, Transportation Forecasts" at www.IDTechEx.com/SmartCities.
Pecan Realty Completes Rs 1.5 Billion Transactions
Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..
SNN Estates Expands North Bengaluru Housing Project
SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..
SCG Drives ASEAN Industrial Transformation Strategy
SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..
Latest Updates
