APAC Issue 11 2018
APAC / Issue 11 2018 5 NEWS , NextLiFi, an Australian Company and lead- ing specialists in Li-Fi technology with offic- es in Australia, Hong Kong and Singapore are pleased to announce that the company will enter into a strategic alliance with IoT software specialists Two Bulls to create a series of commercial products that leverage the com- pany’s LiFi technology that utilises light to transmit data rather than Radio Frequency that we know as WiFi. Two Bulls is a digital product con- sultancy with offices in Melbourne and New York. IoT and connected device specialists, Two Bulls spe- cializes in the design, development and deployment of cutting-edge digital products. Clients include leading global organisations includ- ing Verizon, Vodafone, Qualcomm, Disney and many more. Two Bulls have also been involved in a num- ber of successful startups including Breadcrumb – the world’s first iPad powered POS system that was ac- quired by Groupon in 2012. About Li-Fi Li-Fi data transfer, sometimes called visible light communication (VLC), is achieved by modulating Laser or LED-based lighting, on and off, at a very high rate – so fast, it is imperceptible to the human eye. Since the visible light spectrum is 10,000 times larger than the radio frequency spectrum, Li-Fi is capa- ble of data transfer speeds around 100 times greater than Wi-Fi and may have an important role to play in solving bandwidth congestion issues as more devices connect to the IoT. In particular, Li-Fi holds out the promise of smart lighting that doesn’t just illuminate a space, but also provides its wireless data connectivity. Since light can’t pass through walls, data transmitted is limited to that space alone pro- viding for a highly secure gateway platform for IoT interaction, at the same time taking pressure off the existing WiFi network protecting against network crunch. With the impact of the IoT Indus- try upon us now and growing at a rapid rate, as well as the number of connected devices and increased JinkoSolar Holding Co., Ltd. (“Jinko- Solar” or “Compa- ny”), (NYSE code: JKS) one of the world’s largest solar module manufacturers, announced to- day that it has entered into the Contract for the Supply of PV Modules with Decmil Australia Pty Ltd on September 27, 2018, for supply 255MWp of its high efficient solar panels for the Sunraysia Solar Farm (“Pro- ject”) developed by Maoneng Group. The Sunraysia Solar Farm is ex- pected to be the largest solar farm to have commenced construction in Australia this year and will also be one of the largest solar farms in the world upon construction completion. The Project will also include a large scale battery stor- age array. The Project is being developed by Maoneng Group (“Maoneng”), an Australian-Chinese developer, owner and operator of renewable power generation assets. Maon- eng has a development pipeline of 500MW of solar farms within Australia and sells energy and large-scale generation certificates (“LGCs”) to Australian businesses and governments through a com- bination of medium and long-term contracts. Maoneng commissioned a 13MW solar farm under the ACT Government’s Reverse Solar Auc- tion scheme in November 2016. Maoneng reached Financial Close for the 255MWp Sunraysia Solar Farm in October 2018. JinkoSolar to Supply 255MWp Solar Panels to One of the Year’s Largest Solar Farms in Australia requirements for wireless-enabled data constantly on the rise, as nextLiFi’s technology matures and new applications for smart city in- frastructure become Li-Fi enabled, the forecasted value of the global LiFi market and evolving LiFi use cases are immense. Li-Fi Market size forecast worth $75.5 billion by 2023: Global Mar- ket Insights, Inc. Li-Fi Market size is anticipated to reach USD 75.5 billion by 2023; as per a new re- search report by Global Market In- sights, Inc. Increasing 4G demand and the impending RF spectrum crunch will drive the commercial- isation of the global Li-Fi market. nextLiFi is heavily involved in the development and design of Hybrid applications using Li-Fi alongside other existing wireless applica- tions. Since Li-Fi uses the visible light spectrum, the technology is expected to complement Wi-Fi in environments where the latter is not suitable. This includes environ- ments such as healthcare, banking and military where data security is paramount. The Research and Development teams from NextLiFi and Two Bulls will be collaborating out of their Melbourne Offices together lead by nextLiFi’s Chief Technology Officer Doctor Masud Bakaul and Two Bulls’ Partner Evan Davey. “Through this industry collabo- ration, we are expanding our re- search development and commer- cialisation horizons in the exciting domain of visible light, which has really strong potential to disrupt the entire wireless industry and ben- efit the global economy,” Doctor Bakaul said. At NextLiFi, Founder and CEO Gary Mackenzie said he is excit- ed to see the increased commer- cial appetite and progress in the field of visible light communication and expects the alliance with Two Bulls will assist in nextLiFi’s prod- ucts growing “exponentially” in the next few years, “especially in the IoT sector due to its vast benefits, with low entry cost, much larger bandwidth spectrum and superior security advantages to WiFi.” He anticipates that the company’s first commercial Li-Fi applications will be used in industry within the com- ing 12 months. The Sunraysia project forms a key step of AGL Energy (“AGL”)’s plan to replace the aging and increas- ingly decrepit Liddell coal-fired generator. This Project is under- pinned by two world class Power Purchase Agreements (PPAs) under which UNSW Sydney and AGL purchase energy over 15 years. The Project is expected to generate around 400 construction jobs in Balranald, leading to signif- icant local economic growth and creating opportunities among local community as to participate in the renewable energy sector. JinkoSolar has been chosen to supply all 255MWp panels, includ- ing its latest HC Cheetah series products, for the Project attributa- ble to the high efficiency and relia- bility of its solar panels, its plentiful experiences in global utility-scale projects, and good records of duly delivery. “JinkoSolar has demonstrated professionalism as a tier one glob- al manufacturer. We look forward to the cooperation with JinkoSolar not only on this Sunraysia Solar Farm over the next 14 months, but also on future pipeline projects in Australia and the greater South East Asia region,” said Morris Zhou, Group Executive Director of Maoneng. “JinkoSolar’s panels deliver cost-competitive power with prov- en long-term reliability, and we are proud to play a significant role in serving AGL’s goals for generating clean and renewable solar power,” said Gener Miao, Sales & Market- ing VP of JinkoSolar.
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