TUESDAY, 27 OCT 2020



Facebook Linked In Twitter
GAP Vassilopoulos

Petrides: No Lockdown Forseen in 2021 State Budget

Nicos Anastasiades: Α Cyprus Solution Based On UN Resolutions Is Our Unwavering Goal



brought to you by CIPA

Toyota Reveals Plan To Turn Trucks Into Emissions-Free 'Power Plants'

Toyota Reveals Plan To Turn Trucks Into Emissions-Free 'Power Plants'

Portable emissions-free “power plants” could soon hit the road under plans by Toyota to fit some of the company’s light-duty trucks with hydrogen fuel cells that can generate electricity.


The world’s second-largest carmaker will begin testing the plan to fit a Toyota Dyna with hydrogen fuel cells in Japan later this month, a move that could create fleets of temporary, mobile electricity sources worldwide.


The specially equipped vans could generate electricity for 72 hours straight and could potentially replace the diesel-fuelled mini generators that typically power outdoor sporting events, concerts and festivals with a zero-emissions alternative. They could also be used to provide emergency electricity to disaster-stricken areas left without power for up to three days before refuelling.


Toyota will work alongside the portable generator company Denyo to create the mini power plants, which will be based on the same technology used in the Mirai fuel cell electric vehicle.


Toyota rolled a few hundred Mirais off its production line in late 2014 as its first step into the nascent market for emissions-free hydrogen-powered vehicles.


The fuel cell vehicles run on compressed hydrogen gas, which in the Mirai’s case is stored in two tanks mounted underneath the vehicle. They emit no exhaust fumes, although fossil fuels are used to produce the hydrogen and to pressurise it.


The new fuel cell power system will use equipment developed by Denyo, and subsidised by Japan’s environment ministry, to carry 65kg of hydrogen stored in 27 hydrogen tanks, so it can cover long distances and generate power for long periods of time “with the only emission being water”.


Testing is expected to last until the end of 2021 before a decision can be taken on commercialising the plan. They will face a series of trials that will include supplying power to evacuation shelters and businesses during disaster simulation drills, and tests at outdoor events.


Source: The Guardian


Goldman Sachs To Pay $3bn Over Corruption Scandal

Goldman Sachs has agreed to pay nearly $3bn (£2.3bn) to end a probe of its role in ...

Purdue Pharma To Plead Guilty In $8bn Opioid Settlement

The maker of OxyContin painkillers has reached an $8.3bn (£6.3bn) settlement and ...

Tesla Sets Revenue Record: Profit Thanks To Pollution Credit Sales To Rivals

Tesla reported its fifth consecutive quarterly profit on record revenue of $8.8 billion, ...



The ‘New Normal’ – What Is It And What Does It Mean For Pensions And Provident Funds?

IMH and Aon are organising the 11th Pension and Provident Funds Forum on Wednesday 25, November 2020 at the Hilton Nicosia (formerly Hilton Park) in Nicosia, ...

BidX1 To Offer More Than 60 Assets At 12th November Digital Sale

BidX1, the digital property investment platform, has announced details of its upcoming digital sale in Cyprus, which will take place on 12th November 2020 via ...

Webarts Presents The 7th Advertising, Marketing and Communication Conference

Webarts presents the "7th Advertising, Marketing and Communication Conference" on Wednesday, 18 November 2020 at the Hilton Nicosia (formerly Hilton ...

KPMG Is The Main Sponsor Of The 4th Project Management Conference

KPMG is a global network of independent member firms offering audit, tax and advisory services. On behalf of KPMG Sina Zavertha, a Business Consultant and ...

BP Returns To Profit But Pandemic Weighs On Demand

BP returned to profit in the third quarter, but the global coronavirus crisis continued to hit demand for oil. BP said underlying replacement cost profit, its ...

NewCytech Business Solutions Sponsors 4th Project Management Conference

In recognition of the valuable contribution of PMI Cyprus Chapter to the Project Management community and its substantial professional support to its members ...

Economic Sentiment Drops In October, UCY's Economics Research Centre Survey Shows

Economic sentiment deteriorated in October, a monthly indicator by the University of Cyprus` (UCY) Economic Research Centre (ERC) shows. According to ...

Public Expenditure For Education Rose In 2018 In Absolute Numbers

Public expenditure on education rose to 1,247.8 million euros in 2018, according to preliminary estimations of the Statistical Service, while as a GDP ...