Technology
Organic Electronics Market Size to Grow USD 111870 Million by 2030 at a CAGR of 16.4% | Valuates Reports
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BANGALORE, India, July 5, 2024 /PRNewswire/ — Organic Electronics Market is Segmented by Type (Semiconductor, Conductive, Dielectric, Substrate, Others), by Application (Battery, Conductive Ink, Display, Sensor, Others): Global Opportunity Analysis and Industry Forecast, 2024-2030.
The global Organic Electronics market was valued at USD 38270 million in 2023 and is anticipated to reach USD 111870 million by 2030, witnessing a CAGR of 16.4% during the forecast period 2024-2030.
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Major Factors Driving the Growth of Organic Electronics Market:
The expanding use of organic light-emitting diodes (OLEDs) in displays and lighting solutions, advances in materials science, and consumer desire for flexible and lightweight electronics are some of the major reasons propelling the organic electronics industry. Advancements in conductive polymers, tiny molecules, and organic semiconductors are improving device performance and opening up new applications in wearable technology, consumer electronics, and healthcare. Furthermore, as organic electronics frequently consume less energy and materials than conventional inorganic electronics, the industry gains from the increased focus on environmentally friendly and sustainable technology. The market for organic electronics is expanding due in part to encouraging regulatory frameworks and rising R&D spending.
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TRENDS INFLUENCING THE GROWTH OF THE ORGANIC ELECTRONICS MARKET
An important factor propelling the expansion of the organic electronics industry is the usage of organic semiconductors in displays. These materials make it possible to create cutting-edge display technologies like Organic Light Emitting Diodes (OLEDs), which outperform conventional displays in terms of color contrast, flexibility, and energy efficiency. The market is growing because there is a growing need for flexible, lightweight, and high-quality displays for consumer devices like TVs, tablets, and smartphones. Furthermore, the market for organic electronics is expanding at a faster rate due to the increasing use of OLED technology in a variety of applications, such as car displays and wearable technologies.
Since organic conductive materials retain their flexibility and lightweight characteristics while offering the electrical conductivity required for a variety of devices, they are critical to the growth of the organic electronics sector. Organic photovoltaics, organic light-emitting diodes (OLEDs), and flexible electronic circuits are just a few of the many uses for these materials. The creation of innovative and affordable conductive materials promotes the advancement of next-generation electrical gadgets. Utilizing the advantages of organic conductive materials, the growing consumer desire for flexible, wearable, and sustainable electronics is propelling the organic electronics market’s notable expansion.
Because they improve the performance and act as an insulator for electronic devices, organic dielectrics are essential to the expansion of the organic electronics industry. These substances contribute to increased device lifetime and efficiency in organic photovoltaics, flexible displays, and organic field-effect transistors (OFETs). Organic dielectrics’ special qualities—such as their flexibility, light weight, and suitability for low-cost manufacturing techniques—help to promote the creation of cutting-edge and environmentally friendly electronics. Organic dielectrics are playing a bigger role in the growth of the organic electronics market as the need for cutting-edge, environmentally friendly electronics keeps rising.
Because they make it possible to create flexible, lightweight, and affordable electronic components, organic conductive inks are a major factor in the expansion of the organic electronics sector. These inks provide notable benefits in terms of manufacturing efficiency and design flexibility and are utilized in a variety of applications, such as printed electronics, flexible displays, and smart fabrics. New possibilities for creative electrical devices arise from the ability to print electronic circuits and components directly onto a variety of surfaces. The market for organic electronics is expanding at a faster rate due to the increasing need for wearable electronics, smart packaging, and other applications that need flexible and sustainable solutions. These applications are driving the adoption of organic conductive inks.
The market for organic electronics is being driven in large part by the increasing popularity of wearable technologies. Smartwatches, health monitors, and fitness trackers are examples of wearable electronics that profit from the flexibility and low weight of organic electronics. These gadgets are becoming more and more popular among consumers as a convenient way to check their fitness and health. The market for organic electronics is being driven by the trend toward linked and tailored health solutions, which is driving demand for cutting-edge wearable electronics.
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ORGANIC ELECTRONICS MARKET SHARE ANALYSIS
Because of its substantial investments in research and development as well as its sophisticated technical infrastructure, North America leads the world market for organic electronics. The existence of significant electronics corporations and educational establishments stimulates creativity and the uptake of organic electronics. The robust consumer electronics industry in the area, especially in the US, fosters the expansion of organic photovoltaics (OPVs) and organic light-emitting diodes (OLEDs). Government financing and initiatives for sustainable technology also play a part in the market’s growth in North America.
Key Players:
BASF AGEvonikH.C. StarckBayer Materialscience AGDowDuPontKGaAKoninklijke Philips N VLG DisplayNovaled AGSamsung DisplaySony CorporationSumitomo CorporationUniversal Display CorporationAU Optronics Corporation
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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!
– Organic Electronics Conductive Material Market
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– Industrial Electronics Market
– The global Active and Passive Electronic Component market was valued at USD 455720 million in 2023 and is anticipated to reach USD 634980 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.
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– The global Electronics Access Control System market was valued at USD 25400 million in 2023 and is anticipated to reach USD 34550 million by 2030, witnessing a CAGR of 4.4% during the forecast period 2024-2030.
– The global High-Temperature Electronic market size is expected to reach USD 5233 million by 2029, growing at a CAGR of 7.0% from 2023 to 2029.
– The global Printed Electronics Devices and Material market was valued at USD 569 million in 2023 and is anticipated to reach USD 857.7 million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.
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– Passive Power Electronics Devices Market
– The global Passive Electronic Components market was valued at USD 37400 million in 2023 and is anticipated to reach USD 69750 million by 2030, witnessing a CAGR of 9.2% during the forecast period 2024-2030.
– The consumer electronics repair and maintenance market was valued at USD 15.3 billion in 2021, and is estimated to reach USD 21.6 billion by 2031, growing at a CAGR of 3.6% from 2022 to 2031.
– The big data analytics in semiconductor & electronics market was valued at USD 18.7 billion in 2021, and is estimated to reach USD 47.2 billion by 2031, growing at a CAGR of 9.9% from 2022 to 2031.
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– The global Flexible and Printed Electronics market is projected to reach USD 5023.8 million in 2029, increasing from USD 2386.5 million in 2022, with the CAGR of 11.2% during the period of 2023 to 2029.
– The global market for Electronics Manufacturing Services (EMS) was estimated to be worth USD 509100 million in 2023 and is forecast to a readjusted size of USD 735390 million by 2030 with a CAGR of 4.8% during the forecast period 2024-2030.
– The global Dielectric Resonator market was valued at USD 707 million in 2023 and is anticipated to reach USD 435.7 million by 2030, witnessing a CAGR of -6.6% during the forecast period 2024-2030.
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– Dielectric Film Metrology Equipment Series Market
– Ceramic Dielectric Powders Market
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– The global market for Electrically Conductive Adhesives was estimated to be worth USD 1849.1 million in 2023 and is forecast to a readjusted size of USD 2026.3 million by 2030 with a CAGR of 1.3% during the forecast period 2024-2030.
– Organic Electronics Conductive Material Market
– The global Silicone Thermal Conductive Sheet market was valued at USD 10210 million in 2023 and is anticipated to reach USD 13670 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.
– The global Electronic and Electrical Thermal Conductive Silicone Sheet market is projected to reach USD 1213 million in 2029, increasing from USD 987 million in 2022, with the CAGR of 3.1% during the period of 2023 to 2029.
– The global Electronic Thermal Conductive Potting Compound market is projected to reach USD 9486.6 million in 2029, increasing from USD 6105 million in 2022, with the CAGR of 7.3% during the period of 2023 to 2029.
– The global market for Electronic Paste was estimated to be worth USD 5026.3 million in 2023 and is forecast to a readjusted size of USD 9967.9 million by 2030 with a CAGR of 9.3% during the forecast period 2024-2030.
– Stretchable Conductive Silver Ink Market
– PP Conductive Modified Masterbatch Market
– The global Metallic Conductive Coating market was valued at USD 967.5 million in 2023 and is anticipated to reach USD 1188.1 million by 2030, witnessing a CAGR of 3.1% during the forecast period 2024-2030.
– Conductive Atomized Powder Market
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JinkoSolar’s Perovskite Tandem Solar Cell Based on N-type TOPCon Sets New Record with Conversion Efficiency of 33.84%
Published
59 minutes agoon
January 6, 2025By
SHANGRAO, China, Jan. 6, 2025 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (the “Company,” or “JinkoSolar”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it has achieved a significant breakthrough in the development of its N-type TOPCon-based perovskite tandem solar cell. Independently tested by the Shanghai Institute of Microsystem and Information Technology, Chinese Academy of Sciences, the cell achieved an impressive conversion efficiency of 33.84%, surpassing JinkoSolar’s previous record of 33.24%. This achievement marks the 27th time JinkoSolar has set a world record for efficiency and power output for PV products.
The record-breaking perovskite tandem solar cell utilizes JinkoSolar’s N-type high-efficiency monocrystalline TOPCon solar cell as the bottom cell, enhanced by significant advancements across multiple key technologies. Innovations such as full-area passivated contact technology, perovskite interfacial defect passivation technology, and bulk defect passivation technology have contributed to the enhanced efficiency of the perovskite/TOPCon tandem cell. The results once again break the conversion efficiency limit of single-junction crystalline silicon cells. This achievement highlights the compatibility of TOPCon as a mainstream solar cell technology with the next-generation perovskite/silicon tandem cell technology, paving the way for new possibilities in the future development of the photovoltaic industry.
Dr. Jin Hao, CTO of Jinko Solar Co., Ltd., said, “Once again, we have achieved remarkable progress in solar cell efficiency as a result of our ongoing investments in R&D and steadfast commitment to excellence. This milestone strengthens our confidence in our ability to achieve further technological breakthroughs as we work toward building a greener and more sustainable energy future.”
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.
JinkoSolar had over 10 productions facilities globally, over 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, the United Arab Emirates, Denmark, Indonesia, Nigeria and Saudi Arabia, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of September 30, 2024.
To find out more, please see: www.jinkosolar.com
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
For investor and media inquiries, please contact:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: pr@jinkosolar.com
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SOURCE JinkoSolar Holding Co., Ltd.
Technology
City of Philadelphia Transforms Right-of-Way Management with New INRIX Road Rules Products
Published
59 minutes agoon
January 6, 2025By
KIRKLAND, Wash. and PHILADELPHIA , Jan. 6, 2025 /PRNewswire/ — The City of Philadelphia announced today it has selected INRIX, a leading provider of transportation data and analytics, to help the City revolutionize curb and right-of-way (ROW) management using NEW products offered in the INRIX IQ suite.
The City of Philadelphia received USDOT Strengthening Mobility and Revolutionizing Transportation (SMART) grant funding to optimize the use of the limited space in the ROW by creating a clear way to organize and communicate its rules and policies. The new cloud-based product, INRIX IQ Road Rules, will hold digital twin information about the City’s streets, sidewalks, and curbs. It allows staff to communicate temporary and permanent rule changes across internal departments and externally to stakeholders such as digital mapping companies (e.g., Apple, Google, HERE, Mapbox, TomTom) and fleet operators (e.g., autonomous vehicles, delivery companies, rideshare).
“Road Rules gives the City more capacity to improve ROW management through data and technology,” said Akshay Malik, Smart Cities Director, City of Philadelphia. “We can leverage existing data standards from the Open Mobility Foundation to map the ROW in more detail and test new ways to digitally manage it through our pilot in Center City, improving safety for drivers, cyclists, and pedestrians.”
INRIX enables agency staff to take a data-driven approach to curb and ROW management to improve safety, reduce congestion, and improve access to local businesses. Road Rules provides the City of Philadelphia several key capabilities:
Creation of a building-face-to-building-face digital twin of the ROW — including travel lanes, curbs, and sidewalks — in the pilot zonePre-loaded inventory of curb rules in the entire city centerDeep insights into use of the curb, including real-time and historic information on occupancyAdvanced tools for digital editing and coordination of ROW regulationsStandardized communication of digital ROW rules through state of the practice versions of the Curb Data Specification (CDS) and Mobility Data Specification (MDS) APIs
“The building-face-to-building-face ROW is utilized by a myriad of stakeholders, including people walking, biking, waiting for and riding public transportation, driving, and freight deliveries. In recent years, the public ROW has become a laboratory for new uses such as shared scooters, ride hail drop-offs and pick-ups, parklets, play streets, food delivery, autonomous vehicles, and sidewalk robots. This experimentation will only increase in upcoming years and cities need tools to steer these initiatives towards their long-held goals,” said Ahmed Darrat, Chief Product Officer at INRIX. “Urban areas are complex ecosystems that require meticulous planning and management. INRIX IQ’s robust insights across traffic, incident, parking, and safety management provide a comprehensive digital view while our Road Rules products allow staff to it intuitively and seamlessly act on emerging initiatives and digitally communicate rules to the wide array of stakeholders as they happen.”
“The open-source standards stewarded by the Open Mobility Foundation (OMF) give local government more effective tools to address policy priorities. We’re excited to see member organizations INRIX and the City of Philadelphia further the state of the practice by using the Mobility Data Specification and Curb Data Specification to digitally manage the full public right of way,” said Andrew Glass-Hastings, Executive Director, Open Mobility Foundation. “This SMART grant – and the partnerships and learnings it will produce – represents the next step in OMF’s mission of transforming how cities manage public space using well-designed, open-source technology.”
Philadelphia joins innovative cities like Portland, San Francisco, and Minneapolis in deploying INRIX cutting-edge digital infrastructure management solutions as part of their SMART grant projects. Other cities like Nashville are leveraging the same tools and pre-loaded parking data for day-to-day curb management. Through its data-as-a service and software-as-a-service applications, INRIX collects and maintains information about the full ROW, including APIs consumed by private sector stakeholders through the INRIX ecosystem of enterprise customers, all while minimizing the need for large up-front costs and efforts and eliminating the need for ongoing contractor services.
For more information about Philadelphia’s Smart City initiatives, visit https://www.phila.gov/programs/smartcityphl/.
About INRIX
Founded in 2004, INRIX pioneered intelligent mobility solutions by transforming big data from connected devices and vehicles into mobility insights. This revolutionary approach enabled INRIX to become one of the leading providers of data and analytics into how people move. By empowering cities, businesses, and people with valuable insights, INRIX is helping to make the world smarter, safer, and greener. With partners and solutions spanning across the entire mobility ecosystem, INRIX is uniquely positioned at the intersection of technology and transportation – whether keeping road users safe, improving traffic signal timing to reduce delay and greenhouse gasses, optimizing last mile delivery, or helping uncover market insights. Learn more at INRIX.com.
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SOURCE INRIX
Technology
Under the patronage of the UAE President, Abu Dhabi Sustainability Week 2025 (ADSW 2025) to take place in the emirate
Published
59 minutes agoon
January 6, 2025By
ABU DHABI, UAE, Jan. 6, 2025 /CNW/ — Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, the 2025 edition of Abu Dhabi Sustainability Week (ADSW) will take place from 12-18 January in Abu Dhabi, bringing together global leaders to accelerate sustainable development and advance socioeconomic progress.
As the first major event in the global sustainability calendar, ADSW 2025, themed ‘The Nexus of Next. Supercharging Sustainable Progress’, will connect and empower policymakers and business and civil society leaders to explore pathways to fast-track the transformation to a sustainable economy and spark a new era of prosperity for all.
The event will showcase how the convergence of advanced technologies including artificial intelligence (AI), energy and human expertise can supercharge sustainable development and unlock a potential US$10 trillion economic transformation opportunity.
His Excellency Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar, said: “Abu Dhabi Sustainability Week 2025 will act as a nexus for global business leaders, policymakers and entrepreneurs, leveraging interconnected solutions that build a more prosperous future for all. With three megatrends shaping our world – the rise of the Global South and emerging markets, the transformation of energy systems, and the exponential growth of AI – advanced technologies now provide an unprecedented opportunity for socioeconomic and environmental development. ADSW 2025 must be the launchpad not just for policy but for action, building the connections to supercharge sustainable progress.”
ADSW 2025 confirmed partners include the Department of Energy (DoE), Abu Dhabi National Oil Company (ADNOC), Emirates Global Aluminium (EGA), EMSTEEL, Dubai Electricity and Water Authority (DEWA), Mubadala, Huawei, GE Vernova, HSBC, Agility, Abu Dhabi Investment Office (ADIO), TotalEnergies, Fertiglobe, 1PointFive, bp, BEEAH, Emirates Water and Electricity Company (EWEC) and Dii Desert Energy.
For more than 15 years, ADSW has provided a global platform to foster multi-stakeholder collaboration to address global challenges and accelerate growth. It has enabled high-value agreements and strategic partnerships between governments, industry leaders, and clean energy pioneers worldwide, driving impactful alliances and advancing the global sustainability agenda.
Standing at the intersection of bold new ideas and action, ADSW 2025 recognizes the need for widescale systemic change, connecting energy, data, finance, trade, and natural ecosystems to drive exponential, sustainable growth. ADSW 2025 will feature an engaging program of high-profile sessions, forums, partner-led events and high-level networking opportunities.
ADSW 2025 begins with the annual IRENA Assembly, taking place on 12 and 13 January, and the Global Climate Finance Annual Meeting on 13 January. The ADSW Opening Ceremony, held at the Abu Dhabi National Exhibition Centre (ADNEC) on Tuesday, 14 January, will set the scene for the week ahead. The ADSW Summit and the Green Hydrogen Summit will convene global leaders for impactful dialogues focused on fostering collaboration, unlocking investment opportunities and enabling cutting-edge partnerships. As one of the key events under ADSW, the World Future Energy Summit will continue to play a critical role in driving business growth and knowledge sharing. Over the years, the World Future Energy Summit has fostered a remarkable number of transactions, with 450 companies exhibiting in 2024. In 2025, the summit will feature the Innovation Hub, providing space for over 55 entrepreneurs and startups to showcase their breakthrough technologies and inventions to the public.
ADSW 2025 will also feature the annual Women in Sustainability, Environment and Renewable Energy (WiSER) forum, amplifying women’s voices in the sustainability debate and will bring 3,500 young people together with its Youth 4 Sustainability (Y4S) Forum and Hub, actively engaging youth in a three-day program designed to empower them to act, innovate and become climate leaders.
The Zayed Sustainability Prize – the UAE’s pioneering award for innovative solutions to global challenges – will also hold a series of events at ADSW 2025, including the Zayed Sustainability Prize Awards Ceremony on 14 January and the Forum & Investor Connect. The Zayed Sustainability Prize honors and empowers those who are spearheading transformative change across the categories of Health, Food, Energy, Water, Climate Action, and Global High Schools. Over the past 16 years, the 117 Prize winners have positively impacted more than 384 million lives worldwide, creating sustainable economic and social development opportunities, and improving access to affordable and reliable energy, safe drinking water, nutritious food and quality healthcare.
Key dates for ADSW 2025 include the IRENA Assembly on 12-13 January, followed by the Global Climate Finance Annual Meeting on 13 January. The ADSW Opening Ceremony and Zayed Sustainability Prize Awards Ceremony will take place on 14 January, while the ADSW Summit will take place on 14-15 January. The World Future Energy Summit, Youth 4 Sustainability (Y4S) Forum and Hub will take place on 14-16 January. 15 January will feature the Women in Sustainability, Environment and Renewable Energy (WiSER) Forum, while 16 January will host the Green Hydrogen Summit, Zayed Sustainability Prize Forum and Investor Connect. The event will conclude with The Festival at Masdar City on 17-18 January.
For more information, please visit www.adsw.ae.
About Abu Dhabi Sustainability Week
Abu Dhabi Sustainability Week (ADSW) is a global platform supported by the UAE and its clean energy leader, Masdar, to address the world’s most pressing sustainability challenges through crucial conversations accelerating responsible development and fostering inclusive economic, social and environmental progress.
For more than 15 years, ADSW has convened decision-makers from governments, the private sector and civil society to advance the global sustainability agenda through dialogue, cross-sector collaboration and impactful solutions. Throughout the year, ADSW conversations and initiatives facilitate knowledge sharing and collective action that will ensure a sustainable world for future generations.
About Masdar
Masdar (Abu Dhabi Future Energy Company) is one of the world’s fastest-growing renewable energy companies. As a global clean energy pioneer, Masdar is advancing the development and deployment of solar, wind, geothermal, battery storage and green hydrogen technologies to accelerate energy systems transformation and help the world meet its net-zero ambitions. Established in 2006, Masdar developed and invested in projects in over 40 countries with a combined capacity of over 31.5 gigawatts (GW), providing affordable clean energy access to those who need it most and helping to power a more sustainable future.
Masdar is jointly owned by TAQA, ADNOC, and Mubadala, and is targeting a renewable energy portfolio capacity of 100GW by 2030 while aiming to be a leading producer of green hydrogen by the same year.
Contact:
For media inquiries, please contact: press@masdar.ae
For more information, please visit: https://www.masdar.ae and connect: facebook.com/Masdar.ae and twitter.com/Masdar
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SOURCE Masdar
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