Latest news with #B100
Korea Herald
6 days ago
- Automotive
- Korea Herald
Weichai Power Launches Singapore's First 100% Biodiesel Research Harbour Ship
SINGAPORE, July 15, 2025 /PRNewswire/ -- The President 100, a 16-metre harbour ship powered entirely by 100% biodiesel (B100), was officially launched in Singapore. The vessel is equipped with two Weichai WP13C450-18BF marine engines and two CCFJ20J-W5BF generator sets, providing the core propulsion system for this milestone project. Jointly developed by Weichai, the China Classification Society (Singapore), Nanyang Technological University's Marine Energy and Sustainable Development Centre (MESD), and Pinnacle Marine, the launch marks the start of full-scale operational testing for B100 marine fuel in real-world conditions. Built by local shipyard Pinnacle Marine, President 100 will undergo a 1,000-hour continuous trial in Singapore's port waters. The trial aims to assess B100's long-term performance, emissions, and reliability — providing critical data for the development of future refueling, storage, and operational standards. As one of the key clean-energy solutions in maritime decarbonization, B100 biodiesel offers an immediate pathway toward net-zero operations. Weichai's high-efficiency marine power systems optimized for B100 not only reduce emissions, but also set a benchmark for the global shipping industry's green transformation. This project is expected to serve as a reference model for Singapore's maritime energy transition and contribute to establishing industry-wide standards for biodiesel-powered vessels.
Malaysian Reserve
7 days ago
- Automotive
- Malaysian Reserve
Weichai Power Launches Singapore's First 100% Biodiesel Research Harbour Ship
SINGAPORE, July 15, 2025 /PRNewswire/ — The President 100, a 16-metre harbour ship powered entirely by 100% biodiesel (B100), was officially launched in Singapore. The vessel is equipped with two Weichai WP13C450-18BF marine engines and two CCFJ20J-W5BF generator sets, providing the core propulsion system for this milestone project. Jointly developed by Weichai, the China Classification Society (Singapore), Nanyang Technological University's Marine Energy and Sustainable Development Centre (MESD), and Pinnacle Marine, the launch marks the start of full-scale operational testing for B100 marine fuel in real-world conditions. Built by local shipyard Pinnacle Marine, President 100 will undergo a 1,000-hour continuous trial in Singapore's port waters. The trial aims to assess B100's long-term performance, emissions, and reliability — providing critical data for the development of future refueling, storage, and operational standards. As one of the key clean-energy solutions in maritime decarbonization, B100 biodiesel offers an immediate pathway toward net-zero operations. Weichai's high-efficiency marine power systems optimized for B100 not only reduce emissions, but also set a benchmark for the global shipping industry's green transformation. This project is expected to serve as a reference model for Singapore's maritime energy transition and contribute to establishing industry-wide standards for biodiesel-powered vessels.
Mint
08-07-2025
- Business
- Mint
Reliance Industries stock near all-time high: Is it a buy at just 4.6 % below peak?
Reliance Industries Ltd (RIL), India's most valuable firm by market capitalization, has returned to the spotlight as its share price inches closer to its all-time high. On July 8, 2025, the stock declined 0.4 percent intraday to hit a low of ₹ 1,534.55, just 4.6 percent away from its historic peak of ₹ 1,608.95 recorded exactly a year earlier. This comes on the back of a strong recovery rally, with the stock rebounding nearly 38 percent from its 52-week low of ₹ 1,115.55, touched in April 2025. With RIL's diversified businesses and renewed interest from top brokerages, investors are once again evaluating the stock's potential upside. Brokerages have been largely optimistic about RIL's prospects, highlighting its aggressive push into next-generation sectors such as new energy and AI infrastructure, alongside robust core businesses in oil-to-chemicals (O2C), telecom, and retail. Morgan Stanley reiterated its overweight stance on the stock, setting a price target of ₹ 1,617, implying an upside of over 5 percent from the stock's July 8 levels. Morgan Stanley noted that RIL's ambitions in the new energy business appear 'more transformational and global' than any of its past initiatives. It highlighted the company's plans to build an artificial intelligence (AI) infrastructure at its Jamnagar facility, targeting a rollout within two years. The project includes a 1GW data center powered by NVIDIA's Blackwell chips, suggesting substantial AI capabilities and energy consumption needs. Morgan Stanley estimated that such a facility would require around 678,000 B100 chips. Even partial internal usage, it said, would demand over 135,000 chips, with the facility needing around 1.3GW of round-the-clock power. The brokerage added that RIL's renewable energy ecosystem could support this demand, potentially making India a data center hub with RIL playing a key enabling role. Morgan Stanley also expects strong Q1FY26 performance from RIL. It projected 16 percent year-on-year growth in consolidated EBITDA and a 27 percent surge in net profit, driven by stronger margins in global fuel markets, consistent retail revenue growth, and improved telecom subscriber metrics. However, it added that higher depreciation and interest costs from 5G deployment could flatten sequential growth. Domestic brokerage Nuvama Institutional Equities also maintained its bullish stance on RIL, assigning the highest target price on the Street of ₹ 1801, indicatin gan upsidee potential of over 17 percent The firm emphasized RIL's entry into solar manufacturing, particularly the introduction of heterojunction (HJT) solar modules. According to Nuvama's channel checks, RIL has begun offering these modules in the domestic market even though the commercial rollout of its power generation business is yet to fully materialize. Nuvama compared RIL's integrated solar manufacturing facility with existing players such as Waaree Energies and Premier Energies. Given RIL's scale, the brokerage expects its solar segment to command a significant valuation premium, reminiscent of the valuation rerating post the launch of Jio in 2017. It estimates that RIL's New Energy business could contribute over 50 percent to its profit after tax (PAT) in the coming years, boosting the valuation of even its traditional O2C business, especially with the company aiming for net-zero emissions by 2035. Global brokerage Bernstein raised its target price for RIL to ₹ 1,640, a 7 percent upside from today's low, while maintaining an 'outperform' rating. It stated that with store rationalisation near completion and ongoing tariff hikes, Reliance's growth momentum is expected to strengthen. The scale-up in the new energy vertical further supports a re-rating of the stock. The brokerage also lauded RIL's capital discipline, noting that while the company continues to invest across segments, its net debt-to-EBITDA ratio has remained flat through FY25. This, Bernstein said, offers comfort on leverage levels even as the company expands into new businesses. Meanwhile, Goldman Sachs added RIL to its APAC Conviction List, placing it alongside Taiwan's TSMC and China's Huaqin. Goldman expects RIL's EBITDA growth to recover to 16 percent in FY26, compared to just 2 percent in FY25. It cited improving refining fundamentals, potential ARPU gains from a Jio tariff hike, and restructuring-led retail growth as key earnings drivers. The brokerage also raised its target price to ₹ 1,801 while maintaining a 'Buy' rating. Several near-term triggers could determine RIL's trajectory. An increase in telecom tariffs by Jio could support revenue and margin growth. Additionally, clarity around the listing or demerger of Jio may unlock shareholder value. The continued expansion of RIL's New Energy vertical—including AI, data centers, solar modules, and green hydrogen—remains central to the long-term valuation narrative. While some volatility in refinery margins is expected due to temporary shutdowns, analysts anticipate normalisation by the second half of FY26. RIL has traded largely flat over the past one year, down just 3 percent. However, the trend has improved notably in recent months. The stock rose over 2 percent so far in July, extending its winning streak for a fifth consecutive month. It climbed 5.6 percent in June, 1.1 percent in May, 10.2 percent in April, and 6.2 percent in March. Before that, it dropped 5 percent in February, followed by a 4 percent uptick in January. Overall, Reliance Industries, just 4 percent shy of its all-time high, continues to command attention with its diversified business structure, ambitious new energy initiatives, and stable financials. With multiple brokerages including Morgan Stanley, Nuvama, Bernstein, and Goldman Sachs raising their price targets and reaffirming buy ratings, market confidence in RIL remains high. However, with the stock hovering near peak levels, investors may need to weigh current valuations against near-term triggers like Jio tariff hikes or a potential listing event. Nonetheless, for long-term investors seeking exposure to India's evolving economy, RIL remains a compelling play—backed by a strong track record, leadership in key sectors, and promising new ventures in clean tech and AI. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Int'l Business Times
04-06-2025
- Business
- Int'l Business Times
Nvidia Overtakes Microsoft as World's Top Tech Giant!
Nvidia's meteoric rise to a £2.76 trillion ($3.73 trillion) market cap, overtaking Microsoft to become the world's most valuable publicly traded company on 03 June 2025, has sparked debate: was this AI chip giant always fated to claim the crown? According to Business Insider , Nvidia's stock surged 3% to $141.40, pushing its valuation to £2.76 trillion ($3.730 trillion), just edging out Microsoft's £2.75 trillion ($3.716 trillion). Fuelled by insatiable demand for its AI chips, Nvidia's ascent seems unstoppable. But was its triumph inevitable, or a product of timing, innovation, and market frenzy? Ride the AI Wave to Victory Nvidia's dominance hinges on its AI accelerators, particularly GPUs like the H100 and B100, which power generative AI models for tech giants like OpenAI and Meta. Nvidia said it expects about £33.3 billion ($45 billion) in sales in the current quarter, versus LSEG estimates of £34 billion ($45.9 billion) in sales in the July quarter, as per CNBC . This isn't luck, Nvidia pivoted from gaming chips to AI in the 2000s, a visionary move by CEO Jensen Huang. On X posts, users like @DivesTech call Nvidia's chips 'the new oil' of tech, reflecting investor euphoria. Yet, Microsoft's cloud and AI integration via Azure kept it neck-and-neck, suggesting Nvidia's lead wasn't predestined but earned through relentless innovation. Outsmart Rivals with Bold Bets Nvidia's edge lies in its early bet on AI, but it faced stiff competition. CNBC notes that Nvidia, Microsoft, and Apple have traded the top spot since mid-2023, with Nvidia briefly leading in January 2025. Microsoft's diversified portfolio, spanning software, cloud, and AI, made it a formidable rival, yet Nvidia's 80% grip on the AI chip market gave it a unique edge. Strategic partnerships with cloud providers and investments in energy-efficient chips further solidified its position. However, risks like Trump's chip export controls, costing Nvidia £6.4 billion ($8.6 billion) in projected revenue, show its path wasn't without hurdles. Nvidia's ability to navigate these while scaling AI infrastructure tipped the scales. Seize Momentum Amid Market Risks Was Nvidia's rise inevitable? Not quite. Its stock surged 173% in 2024, per Al Jazeera , but investor optimism about AI carries risks. Analysts warn that any slowdown in AI spending could trigger a correction, as seen in past tech bubbles. Nvidia's after-hours trading gains, 82% of its 2024–2025 rally, per The Globe And Mail , highlight speculative fervour. Meanwhile, Microsoft's steady 9% stock rise in 2025 reflects its resilience. On X , some users caution that competitors like AMD and Intel could challenge Nvidia's dominance. Destiny or not, Nvidia's lead depends on sustaining AI demand and outpacing regulatory and competitive threats. AI Crown Demands Constant Grit As Nvidia basks in its £2.76 trillion ($3.73 trillion) valuation on 04 June 2025, its ascent to the world's most valuable tech titan marks a pivotal moment in the AI revolution. This isn't a tale of destiny, but of audacious bets on artificial intelligence, relentless innovation, and seizing the moment when rivals faltered. Yet, the crown sits heavy, market volatility, regulatory pressures, and hungry competitors like AMD and Intel loom large. Nvidia's grip on the AI chip market must withstand the test of time, demanding not just vision but unyielding adaptability. For now, it leads the charge, but staying atop this tech throne will require grit, ingenuity, and a fearless drive to shape the future, because in the AI race, standing still is not an option. Originally published on IBTimes UK
Time Out
29-05-2025
- Entertainment
- Time Out
Wonderfruit 2025: dates, ticket prices and everything you need to know
Once a fleeting five-day escape in December, Wonderfruit has steadily grown into something far less seasonal and far more structural. What began as a festival of art, music, food and ideas now finds itself maturing – ten years on – not just in scale but in sensibility. Returning this year fo its 10th anniversary, it doesn't so much arrive as it expands, evolving from an annual gathering into a full-bodied cultural platform that stretches beyond its original five-day frame. This year, the language has shifted. Wonderfruit is no longer content with being a destination on the calendar; it's positioning itself as a continuous conversation, one that unfolds throughout the year in various forms – installations, workshops, residencies and quiet provocations. Looking forward to this year's music spectacle in Thailand? Here's everything you need to know about Wonderfruit 2025, including set times, ticket prices and travel details. When and where is Wonderfruit? Wonderfruit returns for its tenth year from December 11-15 at Siam Country Club in Pattaya, Chonburi. The site is around a 30-minute drive from central Pattaya and approximately 150 kilometres, or two to three hours from Bangkok. Timings Gates open at midday, but your arrival time might depend on the type of ticket you hold. Keep in mind that the Main Gate and Box Office don't operate around the clock – if you turn up after midnight, you won't be allowed in until they reopen at 8am. When do Wonderfruit tickets go on sale? The 72-hour public sale runs from June 9-12,starting at 6pm. Tickets are limited, so it's best to book early. Visit for ticket information. Ticket prices Tickets will be priced at B8,900 and B20,000 at the door, according to the events' website. Artist lineup The artists have yet to be announced. How to get to Wonderfruit festival Grab a Shuttle Pass for unlimited rides at a fixed price from any official stop along the shuttle route details at Alternatively, take a taxi directly to the festival entrance, then hop on a motorbike taxi for a 10–15 minutes ride, which will set you back about B100.
