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/C O R R E C T I O N from source — Natural Resources Canada/

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In the news release, New Request for Proposals and Tools to Deploy Thousands More EV Chargers Across Canada, issued 02-Jul-2024 by Natural Resources Canada over PR Newswire, we are advised by the company that the whole release has been updated. The complete, corrected release follows:

New Request for Proposals and Tools to Deploy Thousands More EV Chargers Across Canada

OTTAWA, ON, July 2, 2024 /CNW/ – From coast to coast to coast, Canadians are saving thousands of dollars a year on gas by rapidly making the switch to electric vehicles, with over 320,000 new electric vehicles registered in 2023 alone. The Government of Canada is taking action to make it more affordable for Canadians to purchase, charge and drive electric vehicles (EVs) across the country while driving toward a net-zero future, including by making it easier to access public EV charging through historic direct investments, research and partnerships with the private sector and other levels of government.

Funding and Request for Proposals

To advance these efforts, today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, launched a new request for proposals (RFP) under the Zero Emission Vehicle Infrastructure Program (ZEVIP). The RFP will support the deployment of EV chargers, including fast chargers, in public places across Canada such as highways and public lots. The RFP will also support the deployment of chargers at private locations, including multi-unit residential buildings, workplaces and where on-road vehicle fleets are serviced. Applications will be accepted until September 19, 2024.

This funding will deploy thousands of new chargers across Canada, building on the Government of Canada’s progress to deploy 84,500 EV chargers across Canada, including through ZEVIP, the Canada Infrastructure Bank (CIB)’s Charging and Hydrogen Refuelling Infrastructure Initiative, and incentive credits under both the Electric Vehicle Availability Standard and the Clean Fuel Regulations

In addition to investments by provinces, territories, municipalities and the private sector, the federal government has supported approximately 20% of the nearly 30,000 public chargers that are operating in Canada. As a result, there were 70 percent more EV chargers in Canada in 2023 than in 2022, with thousands more on the way each year.

Supporting Deployment Through Tools and Research

Today, Natural Resources Canada released  Electric Vehicle Charging Infrastructure for Canada: Updated forecasts of vehicle charging needs, grid impacts and cost for all vehicle segments (2024 EV Charging Needs Report).The independently produced report assesses the country’s charging landscape, guides decision-making and informs investment needs, including by provinces, territories, municipal governments and the private sector.

The 2024 EV Charging Needs Report provides a detailed regional analysis of public and private charging needs for both light-duty vehicles and medium- and heavy-duty vehicles, together with related grid readiness requirements and investments. The report highlights that a coordinated effort is needed from all levels of government, industry, utilities and other private-sector stakeholders to continue to accelerate deployment.

Additionally, to help investors, stakeholders, provinces, territories and communities determine the most suitable locations for chargers, the Government of Canada has developed the National Public EV Charging Planning Map.

These evidence-based tools will support the deployment of chargers in the areas with the greatest public charging need, including along routes, highways and communities.

Canadians are making the switch to electric vehicles, reducing their energy costs while driving down emissions. The Government of Canada will continue to support them in accelerating toward a prosperous, net-zero future, including by ensuring all new passenger vehicles sold in Canada are zero-emission by 2035; by supporting the deployment of public charging stations across the country; and by building out a Canadian-made electric vehicle supply chain that creates sustainable, good-paying jobs for Canadian workers.

Quotes

“Canadians are making the switch to EVs because it’s a great way to save money while ensuring clean air in our communities and fighting climate change. We’re making electric vehicles more affordable and charging more available where Canadians live, work, travel and play. Today, we launched another funding request for proposals via the Zero Emission Vehicle Infrastructure Program, which will help deploy thousands more chargers across Canada. This will put more Canadians in the driver’s seat on the road to a prosperous net-zero future.”

The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources

“Hundreds of thousands of Canadians are making the switch to an EV every year. They expect access to convenient, affordable and reliable charging — including in public spaces. Today’s call for proposals does that by investing in thousands more chargers and equipping the private sector and governments with the tools they need to deploy more chargers, faster.”

Julie Dabrusin
Parliamentary Secretary to the Minister of Energy and Natural Resources and
to the Minister of Environment and Climate Change

Quick Facts

The federal government’s investment in EV charging infrastructure is supporting Canadians by reducing barriers to EV adoption while spurring investment and growth across Canada’s EV supply chain, including through Transport Canada’s Incentives for Zero-Emission Vehicles Program (iZEV), which makes zero-emission vehicles more affordable for Canadians and has received another $1.7 billion in Budget 2022; and,Budget 2024 announces the government’s intention to introduce a new 10-percent Electric Vehicle Supply Chain investment tax credit on the cost of buildings used in key segments of the electric vehicle supply chain for businesses that invest in Canada across three supply chain segments:electric vehicle assembly;electric vehicle battery production; and,cathode active material production. The Strategic Innovation Fund (SIF) has made significant strides in the automotive and battery sector in recent years. Since 2017, the Fund has announced over $5.5 billion in funding toward the automotive and battery sector, of which approximately $5.3 billion has been directly in support of the EV transition.These investments include projects focused on producing battery materials, battery components and packs and on manufacturing EVs and developing vehicle components specific to low-carbon transportation (e.g., next-generation tires).Investing $3.8 billion in the mining, processing and recycling of critical minerals,Since 2016, the Government of Canada has allocated over $1.2 billion in funding to support the deployment of electric vehicle charging stations across the country.Since 2019, a total of over 40,000 EV chargers (Level 2 and Level 3) have been supported by ZEVIP.The 2024 EV Charging Needs Report provides an update to a 2022 NRCan-commissioned study, Updated Projections of Canada’s Public Charging Infrastructure Needs, based on changing trends in the EV market, charger utilization and assessment methodologies.As noted in the report, “The results are intended to support the Government of Canada — as well as provincial and municipal governments, utilities and other stakeholders — in planning to ensure that sufficient charging infrastructure will be deployed to support Canada’s targets”As of May 2024, NRCan’s infrastructure programs and the Canadian Infrastructure Bank’s Charging and Hydrogen Refueling Infrastructure Initiative had already committed funds for the installation of over 46,000 chargers across the country, with more than 14,000 of these federally funded chargers already in operation. EV charger deployment has seen significant growth: an average of 45 percent annually since 2016 and a jump to 72-percent growth between 2022 and 2023. With Budget 2023, the Government of Canada has now committed more than $40 billion to support Canada’s clean electricity sector, including related grid updates for EV charging infrastructure.This significant investment is building an EV charging network for Canadians, and we continue to work with all levels of government, industry, utilities and other private sector stakeholders to further accelerate deployment.

Related Information

Zero-Emission Vehicle Infrastructure ProgramThe Canadian Infrastructure Bank (CIB) Charging and Hydrogen Refuelling Infrastructure Initiative (CHRII)2030 Emissions Reduction Plan: Clean Air, Strong EconomyElectric Charging and Alternative Fuelling Stations LocatorZero-emission vehicles: IncentivesBuilding a green economy: Government of Canada to require 100% of car and passenger truck sales be zero-emission by 2035 in Canada

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SOURCE Natural Resources Canada

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MEMS Drive: Paving the Way for Super-High Image Resolution

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TAIPEI, Dec. 26, 2024 /PRNewswire/ — Fabless chip firm MEMS Drive Hong Kong Ltd manufactures cutting-edge MEMS actuators targeted at mobile imaging in portable electronics. The company uses its proprietary MEMS design and process to allow CMOS sensors to achieve swift and precise ‘SensorShift’ and is the first semiconductor company to implement 5-axis stabilization in mobile cameras.

“With edge computing capabilities steadily advancing, MEMS Drive utilizes precise movement matching algorithms and artificial intelligence [AI] to derive multiple image-enhancing features besides just stabilization, such as super-resolution and improving identification capabilities,” says Colin Kwan, CEO and President of MEMS Drive during an interview with EE Times Asia. “MEMS SensorShift-driven image sensors overturn traditional voice coil motors [VCMs], and could be applied to mobile phones, sports cameras, wearable tech, surveillance, autonomous vehicles, robotic vision and other products, bringing unlimited possibilities to the future of imaging systems.”

It is for these reasons that the company won an Innovation Award and Best Sensor of the Year award for its piezo technology-enabled autofocus actuator and optical image stabilizer (OIS) actuator at EE Awards Asia 2024. Now in its fourth year, EE Awards Asia honors some of the best products, companies, and leaders making a difference every day in Asia’s electronics industry.

The MEMS autofocus (AF) actuator is a piezoelectric multi-morphic thin film actuator that can move at Z-axis and tip-tilt directions to achieve a 3-axis compensation. The MEMS devices are designed to be based on standard silicon fabrication processes, thereby enabling good scalability and ease of handling, testing, and packaging.

According to Colin, this sensor-based technology offers multiple advantages. “It provides 3-axis image adjustments as compared to 1-axis counterparts on lens-based AF systems; it also moves three times faster and 10 times more precise by detecting positions of less than a pixel, compared to 3-5µm on lens-based AF,” he explains. “And finally, by not using a motor to move the lens around, it consumes up to 50 times less power and avoids heating problems that could affect the image’s quality.”

Meanwhile, its OIS, known as SensorShift, is said to be the world’s smallest MEMS OIS actuator. It provides a 5-axis OIS solution to improve clarity and achieve stable and precise image.

“All vibrations in pitch, yaw, roll, translational X, and translational Y can be compensated with a single MEMS chip,” says Colin. “Due to its high precision and fast response in active movement, we can achieve another application called super resolution. By shifting the imager 1 pixel or half a pixel in different directions, capturing the image at each position, and then merging and processing those images, we can get a 4X or even higher-resolution image.”

Colin notes that compared to traditional lens-based OIS, MEMS Drive’s MEMS OIS is a sensor shift solution that provides superior stabilization performance with multiple advantages, including a 10ms fast response, just 4mW of power consumption, sub-pixel precision, and high image resolution in low light and video without blur.

“Powered by our patented electrical conductive flexure [ECF] technology, the MEMS Drive actuator provides consistent, durable performance,” says Colin. “With over 2.5 billion test cycles completed in continuous operation, these innovations are crucial for ensuring the highest standards in automotive applications and safety.”

MEMS Drive’s technology is suitable for smartphones, automotive, wearable technologies such as AR/VR camera systems, sports cameras, smart city applications, and robotic vision.

In this video interview, Colin also talks about his outlook for the semiconductor and electronics manufacturing industry over the next year, upcoming challenges amid the increasingly complex designs and architectures, and the new opportunities in the market.

For more information about MEMS Drive Hong Kong Limited and its innovative solutions, please visit: memsdrive.com
Youtube / Bilibili : MEMSDrive
LinkedIn: MEMS Drive

View original content to download multimedia:https://www.prnewswire.com/news-releases/mems-drive-paving-the-way-for-super-high-image-resolution-302338882.html

SOURCE EE Times Asia

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Nodepay Raises $7M Total Funding To Power AI Growth with Real-Time Data Infrastructure

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SINGAPORE, Dec. 27, 2024 /PRNewswire/ — Nodepay, a decentralized AI platform transforming unused internet bandwidth into real-time data pipelines for AI training, today announced it has raised a second round of funding, bringing its total to $7 million.

The latest funding round welcomed new strategic investors IDG Capital ($23 Billion AUM), Mythos, Elevate Ventures, IBC, Optic Capital, Funders.VC, Matthew Tan (Etherscan founder) and Yusho Liu (CoinHako Co-founder & CEO) as notable angels. They join an impressive roster of previous backers that includes Animoca Brands, Mirana, OKX Ventures, JUMP Crypto, Tokenbay Capital and more.

Nodepay’s network taps into a global community of users running privacy-protected nodes. By sharing their spare internet bandwidth, these participants earn rewards for creating a real-time data source that improves AI inference with accurate, timely information—an approach known as Retrieval Augmented Generation (RAG).

Darren Nguyen, co-founder of Nodepay commented: “Our mission is to develop solutions that create tangible value for both AI developers and its end users. We give contributors a share in the AI ecosystem they help fundamentally build.”

Nodepay’s infrastructure platform integrates real-time data retrieval, a Web3-focused decentralized answer engine, reinforcement learning for more accurate model output, and gamified human verification. Together, these components combine to create a fair, collaborative, and innovative AI ecosystem.

Eric Le, investment director of IDG Capital, said, “The team at Nodepay is democratizing the AI economy by providing a platform that allows users to share directly in the value they create. We’re proud to support their vision of making AI more accessible and beneficial to all.”

With this funding, Nodepay will continue to commercialize its infrastructure to benefit both its community and partner AI labs. As it prepares to launch on Solana, Nodepay stands ready to lead the next era of decentralized AI development and training.

Already serving over 1.5 million active users worldwide, Nodepay continues to expand its reach, solidifying its role as a leader in the integration of AI and blockchain technology. Users can expect further updates and new announcements through their social channels and official website.

About Nodepay
Nodepay is a decentralized AI platform dedicated to democratizing AI training through real-time data retrieval. By turning idle internet bandwidth into a valuable resource, Nodepay fuels the next generation of AI models and stands at the forefront of AI decentralization.

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View original content:https://www.prnewswire.co.uk/news-releases/nodepay-raises-7m-total-funding-to-power-ai-growth-with-real-time-data-infrastructure-302339478.html

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Plume Network Partners with Maseer to Tokenize $200M of Carbon Allowances

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NEW YORK, Dec. 26, 2024 /PRNewswire/ — Plume Network is proud to announce a strategic partnership with Maseer, an Abu Dhabi based tokenization platform, to bring $200M in Carbon Allowances exclusively on-chain to Plume. Built on Plume’s Real-World Asset Finance (RWAfi) ecosystem, Maseer will offer a tokenized solution to one of the fastest-growing alternative asset classes: compliance carbon.

Empowering Climate Action Through Compliance Carbon Tokenization

Compliance carbon has been one of the fastest growing alternative asset classes given increased regulatory and business scrutiny on emissions. The S&P Global Carbon Credit Index, which tracks the most liquid segment of the tradable carbon credit futures markets, has seen a 15.68% annualized return over the past five years. The value of these markets reached nearly one trillion USD in 2023.

The partnership with Plume Network allows Maseer to bring fully collateralized carbon products on-chain, where they will be fully compatible with Web3’s potent DeFi sector. DeFi integration vastly enhances compliance carbon markets with superior liquidity solutions and greater access to a global body of investors, broader market demand, and new yield sources.

“We are excited to partner with Plume to bring carbon allowances on chain. Plume is uniquely positioned to bring this vision to fruition because they are the only chain purpose built for RWAs. They’ve raised the bar with their tokenization engine, infrastructure tooling, and ecosystem network effects. We believe Plume is on the bleeding edge of on-chain adoption of RWAs,” said Bradley Allgood, CEO of Maseer.

“Energy transition is an asset category that we have been increasingly focused on at Plume because of growing demand for climate action, both from a government and corporate sustainability perspective. Volumes for the global carbon credit market are forecasted to grow at a 39% CAGR from 2024 to 2033,” said Teddy Pornprinya, Chief Business Officer and Co-Founder at Plume Network.

What are carbon allowances?

Compliance carbon allowances trade under cap-and-trade programs known as Emissions Trading Systems (ETS). These systems create transparent, liquid markets that are government-mandated and regulated. As of April 1, 2024, approximately 18 percent of global greenhouse gas emissions are covered by emissions trading systems (ETS). Carbon allowances are distinct from project-based carbon offsets and offer a market-based approach to regulating a region’s emissions, with mandatory participation for specified industries. Carbon allowance supply is managed by government agencies and adjusted primarily through an annually declining cap. 

About Plume
Plume is the first fully integrated L1 modular blockchain focused on RWAfi, offering a composable, EVM-compatible environment for onboarding and managing diverse real-world assets. With 180+ projects on its private devnet, Plume provides an end-to-end tokenization engine and a network of financial infrastructure partners, simplifying asset onboarding and enabling seamless DeFi integration for RWAs. Learn more at https://www.plumenetwork.xyz/ or contact press@plumenetwork.xyz

About Maseer
Maseer operates out of Abu Dhabi Global Market (ADGM), the world’s leading Special Economic Zone (SEZ) for digital asset innovation. Maseer is led by Tokenization and Free Zone Veteran Bradley Allgood and is focused on the design of bringing real world assets on chain to be fully interoperable with DeFi. Maseer has developed strategic relationships with Sovereign Nations and Large Enterprises to identify the highest quality real world assets around the world.

View original content to download multimedia:https://www.prnewswire.com/news-releases/plume-network-partners-with-maseer-to-tokenize-200m-of-carbon-allowances-302339461.html

SOURCE Plume Network

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