ProfitQuotes.com
symbol lookup  commodity list
Bookmark This Page
Daily Dividend Report: CVX,SCHW,BKR,MCK,XOM

Thu, 27 Jan 17:38:37 GMT
Wednesday's ETF Movers: XSD, SIL

Wed, 26 Jan 17:01:06 GMT
Portfolio Channel
Free Energy Dividend Stock Report
Free Dividend Report - Top Ranked Stocks
Free Dividend Paying Gold/Metals Stocks Report
Get a quote box (like the one below) for your site!
ProfitQuotes.com Commodities Quotes
commodity quotes list
energy quotes  gold quotes
uranium stocks  
solar power stocks

wind power stocks

Industry focus:

advertising stocks,
space stocks,
aerospace stock,
aerospace sector,
list of aerospace companies,
largest chemical companies,
chemical stock,
chemical news,
best agriculture stocks,
ag stocks,
chinese agriculture stocks,
top agriculture companies,
agriculture stocks,
agricultural stocks,
agricultural stock,
stocks agriculture,
agriculture markets,
agriculture index,
agriculture industries,
agricultural investment,
agriculture investment,
agricultural industry,
farm stock,
airline stock symbols,
airline stock prices,
airline stock,
airlines stock,
clothing stock,
fashion stocks,
publicly traded fashion companies,
clothing company stocks,
apparel stock,
apparel companies,
application software stocks,
asset management stocks,
auto stocks,
auto industry stocks,
chinese auto stocks,
auto stock prices,
automotive stock,
auto parts stocks,
community bank stocks,
regional bank stocks,
canadian bank stocks,
banking stock,
national bank stocks,
commercial bank stock,
banks stock,
bank stock quote,
bank stocks,
banking industry,
alcohol stocks,
beverage stock,
global wine stocks,
wine stocks,
liquor stock,
biotech stocks list,
biotechnology investing,
public biotech companies,
top biotech stocks,
nanotechnology stock,
largest biotech companies,
biotechnology stock,
biotech investing,
investing in biotech,
best biotech companies,
bio stocks,
biotech sector,
biotechnology investment,
biopharma companies,
new biotech companies,
biotech investment,
biotechnology industries,
nanotech stocks,
biotech stocks,
biotechnology articles,
biotechnology news,
business stocks,
service stocks,
chemical companies,
chemical industries,
chemical industry,
chemical company,
chemicals company,
cigarette stock,
cigarette company stocks,
cigarette stock symbols,
tobacco company stocks,
tobacco stock,
cigar stocks,
communications stocks,
communication stock,
computer peripherals companies,
computer peripherals,
computers stocks,
computer stock,
computer web,
internet stocks,
construction stocks,
machinery stocks,
builders stocks,
building stocks,
consumer goods stocks,
consumer services stocks,
consumer services companies,
lending stocks,
mortgage banking,
lending companies,
mortgage bankers,
loan services,
mortgage services,
mortgage bank,
loan bank,
defense stocks,
defensive stock,
department store stocks,
diagnostic company,
diagnostic companies,
pharmaceuticals stocks,
drug stocks,
drug company stocks,
pharma stock,
education stocks,
college stock,
electric utility stocks,
electric company stocks,
electric utilities stocks,
utility stocks,
utilities stocks,
power equipment companies,
electrical supply companies,
electronic stocks,
entertainment stock,
movie stocks,
movies companies,
movie company,
cefs,
open ended and closed ended mutual funds,
closed ended investment,
closed ended fund,
bonds fund,
closed end,
food stock,
game stock,
gambling stocks,
casino stocks,
gaming stocks list,
gaming stocks,
gas utility companies,
gas company stocks,
construction industries,
builders contractors,
construction services,
construction industry,
grocery store stocks,
supermarket stock,
drug store stocks,
home stocks,
furniture stock,
home improvement stocks,
medical company stocks,
top medical stocks,
medical stock,
hospital stock,
medical supply stocks,
medical technology stocks,
medical device stocks,
medical equipment stocks,
copper mining,
palladium mining stocks,
mining metals,
mining,
mining news,
gold exploration,
mining share price,
lithium mines,
mining industries,
international mining companies,
mining information,
molybdenum mining companies,
nickel mining companies,
metals and mining stocks,
gold and silver mining stocks,
copper mining companies,
rare earth mining companies,
rare metals stocks,
rare earth stocks,
metals stocks,
welding stock,
nonprecious metals,
non metallic mining,
office supplies companies,
office supply companies,
oil services stocks,
oil pipeline stocks,
gas pipeline stocks,
gas pipeline companies,
pipeline companies,
natural gas pipeline companies,
oil services companies,
oil field services,
oil service stocks,
natural gas pipelines,
oilfield service companies,
oil and gas pipeline companies,
oil gas pipeline,
oil exploration stocks,
oil exploration sector,
oil exploration companies,
oil drilling stocks,
oil drilling companies,
oil production companies,
china oil companies,
brazil oil companies,
china oil stocks,
brazil oil stocks,
oil companies,
oil stocks,
oil drilling,
oil exploration,
offshore oil drilling companies,
list of oil drilling companies,
oil and gas exploration,
oil and gas drilling,
oil and gas stocks,
oil and gas drilling companies,
oil refining companies,
oil marketing companies,
oil refining stocks,
oil refining sector,
oil refinery companies,
oil refinery stocks,
major oil companies,
oil sector,
oil refinery,
oil refinery company,
oil company,
oil marketing company,
oil refining company,
oil refining industry,
major oil companies list,
oil and gas companies,
crude oil stocks,
packaging companies,
container companies,
packaging stocks,
packaging sector,
container sector,
pulp stocks,
paper stocks,
timber stocks,
pulp companies,
paper companies,
timber companies,
timber trusts,
cardboard companies,
paper sector,
timber sector,
paper companies list,
silver mining companies,
gold mining companies,
gold mining sector,
precious metal stocks,
mining companies,
exploration sector,
mining sector,
exploration stocks,
mining stocks,
silver stocks,
gold stocks,
gold mining stocks,
silver mining stocks,
silver mining company,
canadian mining companies,
gold mining,
gold mining company,
mining company,
list of mining companies,
gold stocks list,
largest gold mining companies,
silver mining,
printing companies,
printing stocks,
printing sector,
newspaper stocks,
newspaper sector,
newspaper companies,
publishing stocks,
publishing sector,
publishing companies,
digital media companies,
digital media stocks,
digital media sector,
book publishing companies,
digital media company,
publishing company,
railroad stocks,
railroad sector,
railroad companies,
railroad company,
railroad investment,
major railroad companies,
real estate companies,
real estate stock,
real estate public companies,
real estate investing,
real estate investments,
real estate sector,
commercial real estate investing,
real estate investment firms,
real estate investing guide,
REITs,
real estate investment trust,
REIT sector,
REIT stocks,
REITs sector,
REITs stock,
public REITs,
real estate investment trusts,
real estate investment trust companies,
real estate investment trusts REITs,
real estate investment companies,
real estate investment company,
real estate investment trust REIT,
rubber stocks,
plastic stocks,
rubber companies,
plastic companies,
rubber sector,
plastic sector,
plastic manufacturing companies,
rubber company,
plastic company,
semiconductor stocks,
semiconductor investments,
semi stocks,
semiconductor companies,
semiconductor sector,
shipping stocks,
dry bulk stocks,
container stocks,
dry bulk shipping,
dry bulk shipping companies,
tanker stocks,
shipping companies,
shipping sector,
specialty retail,
retail stocks,
retail investing,
retail store stocks,
consumer stocks,
consumer investment,
retail companies,
retail sector,
sports stocks,
sports investing,
sporting goods stocks,
sports investments,
sporting goods companies,
sporting goods sector,
stock message boards,
television stocks,
television investment,
radio stocks,
radio invest,
media stocks,
media invest,
media investment,
media investing,
television companies,
television sector,
radio sector,
radio companies,
media companies,
media sector,
textile stocks,
apparel stocks,
textile investment,
textile companies,
textile sector,
apparel sector,
freight investment,
transportation investment,
truck investment ,
freight stocks,
transportation stocks,
trucking stocks,
trucking companies,
trucking sector,
waste management stocks,
waste stocks,
recycling stocks,
waste investment,
waste companies,
waste sector,
water stocks,
water utilities,
water investing,
water investment,
water companies,
water sector

Home Oil & Gas Electricity Metals Treasuries Stocks My Portfolios Forex
News - Full Story Technological Revolution and Industrial Transformation

CHICAGO, Jan. 11, 2022 /CNW/ -- Weichai Power Releases the World's First Diesel Engine with a Base Engine Thermal Efficiency of 51.09%, along with Major Hydrogen Energy Technology Achievements

At 9:00 am on January 8, 2022, Weichai Power released the world's first diesel engine with a base engine thermal efficiency of 51.09% and major achievements in hydrogen technology achievements.

Tan Xuguang, CPC Secretary and Chairman of Shandong Heavy Industry Group, Chairman of Weichai Power and Director of the Academic Committee of the National Fuel Cell Technology Innovation Center, reported the research findings of the world's first diesel engine with a base engine thermal efficiency of 51.09% developed by Weichai Power, the operation of the National Fuel Cell Technology Innovation Center and the "Hydrogen for Every Home" technology demonstration project. TüV SüD, an world-renowned test authority, issued a certificate of thermal efficiency of 51.09% to Weichai Power. Then the delivery ceremony of hydrogen-powered heavy-duty truck delivery for demonstrative operation between Shandong Heavy Industry and Shandong Port was held.

FISITA, MIT, AVL, FEV, SwRI, Bosch Group and Vitesco Technology, as well as the China Mechanical Engineering Society, the China Automotive Engineering Society, the China Internal Combustion Engine Society and the China Internal Combustion Engine Industry Associations extended congratulations on the release of the diesel engine by message or video link.

Challenging Limits
Scaling New Heights

Today when green and low carbon development has become a global consensus, China has set the strategic goal of achieving carbon peak by 2030 and carbon neutralization by 2060. Transportation is an important field for this target, and the internal combustion engine industry plays an important role in this process.

Thermal efficiency is the yardstick for the fuel efficiency of internal combustion engines: higher thermal efficiency represents lower fuel consumption and better effects of energy conservation and emission reduction. It is also a reflection of a country's technical strength in diesel engines. Improving thermal efficiency has been the common pursuit of the global diesel engine industry since diesel engines emerged 125 years ago. Weichai Power released the world's first commercial diesel engine with a base engine thermal efficiency of 50.23% in Jinan on September 16, 2020, establishing a new thermal efficiency benchmark for global diesel engines, just like the first time in human history that a 100-meter sprint was completed in 10 seconds. Just 480 days later, Weichai set a new world record by increasing the base thermal efficiency to 51.09% just as a 100-meter race was completed in 9 seconds, further enhancing China's significance in the global internal combustion engine industry.

The base engine thermal efficiency of 51.09% is another significant revolution of traditional engines, as well as a technical preparation for the implementation of the "China VII" emission standard. The application of this technology will help Weichai Power lead the world in a full spectrum of diesel engines, be of great strategic significance to promoting the energy-efficient and green development of China's traditional internal combustion engine industry, and play a significant leading role in the global internal combustion engine industry.

According to estimation, compared with existing key products (diesel engines with thermal efficiency of 46%) on the market, those with a thermal efficiency of 51% can lead to a reduction of 10% in fuel consumption and carbon dioxide emissions alike, saving fuel consumption by 16 million tons and costs by approximately 140 billion yuan annually, and reducing carbon dioxide emissions by 50 million tons annually. With the massive use of the top technology in the industry, it will generate huge economic and social benefits.

Hydrogen-powered Future

While promoting the innovative and low-carbon development of traditional engines, Weichai Power has taken the new energy industry as an important strategy. The first batch of Sinotruk hydrogen-powered heavy-duty tractor trucks with Weichai's high-power hydrogen fuel cell systems are powerful, eco-friendly, safe, reliable and efficient for full-time use.

In 2021, the National Hydrogen Cell Technology Innovation Center, the only of its kind in China, was established under the initiative of Weichai Power. Meanwhile, the Ministry of Science and Technology (MOST) and Shandong entered into a framework agreement on the "Hydrogen for Every Home" technology demonstration project. Based on the center, the ministry has carried out multi-scenario demonstrative application of hydrogen energy in Shandong, and sped up breakthroughs in key hydrogen technologies and the development of the hydrogen industry, thereby creating a duplicable Shandong sample for the hydrogen industry.

Since the launch of the "Hydrogen for Every Home" technology demonstration project, with the strong support of MOST and Shandong, the National Hydrogen Cell Technology Innovation Center has established an innovation consortium centered on Weichai Power and constituted by enterprises, universities and research institutes, to accelerate technical breakthroughs and industrialization, and successfully develop 15-200kW hydrogen fuel cell systems. The company's 200kW fuel cell systems were selected for the National Exhibition on Sci-tech Achievements in the "13th Five-Year" Period in October 2021. The company was the first to conduct an environmental adaptability test of fuel cell vehicles in extreme cold, achieving one-time successful start-up at a temperature of 34 degrees Celsius below zero. The company was the first in the industry to turn out products lasting 30,000 hours, pioneering the industrialization of Chinese fuel cells.

Based on its highly reliable fuel cell products, Weichai Power has carried out multi-scenario demonstrative application. In terms of hydrogen-powered parks, the company's first large-power container-type hydrogen fuel cell heating and power generation system and 30kW solid oxide fuel cell heating and power system, both the first of its kind in China, were put into operation in Weifang; the company developed China's first 3t hydrogen fuel cell forklift, creating a zero-carbon-emission logistics handling environment. In terms of hydrogen-powered ports, China's first 80-seat hydrogen fuel cell passenger ship developed by the company was tested successfully with zero carbon emission in the Xueye Lake, Jinan; and the company launched China's first hydrogen fuel cell heavy-duty truck demonstration project at Qingdao Port. In terms of hydrogen-powered highways, China's first highway hydrogen fueling station constructed by the company went into operation; a 49t fuel cell heavy-duty truck powered by Weichai operated for more than 5,000 kilometers from Taishan Steel, Jinan to Dongjiakou Area of Qingdao Port. On October 27, 2021, a Chinese original, world leading and fully-homemade Sinotruk Huanghe ski-waxing truck with a Weichai 162kW hydrogen fuel cell system was delivered for use during the Winter Olympic Games Beijing 2022. On January 4, General Secretary Xi Jinping inspected the ski-waxing truck. A series of outcomes marks that the "Hydrogen for Every Home" technology demonstration project is turning from blueprint into reality.

Tan said the base engine thermal efficiency of the internal combustion engines being up to 51.09%, massive application of new energy in products, and the "dual driving force" strategy, have kept Weichai Power ahead in the development of traditional high-end engines and new energy engines, and opened up a new path for diversified energy transformation under the national strategy of carbon peak and carbon neutralization.

Media Contact: sales@weichaiamerica.com  

Cision View original content:https://www.prnewswire.com/news-releases/technological-revolution-and-industrial-transformation-301458620.html

SOURCE Weichai America

Cision View original content: http://www.newswire.ca/en/releases/archive/January2022/11/c9460.html

<  back


TickerTech.com Private-label branded pages powered by TickerTech.com. Copyright © 2022 Ticker Technologies, All Rights Reserved. Quote data is at least 20 minutes delayed. NYMEX/COMEX data is at least 30 minutes delayed. Please read other important disclaimer information.
"Business without profit is not business any more than a pickle is candy." - Charles F. Abbott
Google
 

© Ticker Technologies, all rights reserved. Profitquotes.com is wholly owned by Ticker Technologies and serves to demonstrate the company's products to prospective clients. All quotes are in US Eastern Time (EST) and delayed at least 15 minutes. NYMEX/COMEX data delayed at least 30 minutes. Data is presented for informational purposes only and not intended for investment purposes. Nothing on this site should be considered advice, opinions, recommendations, or endorsements from ProfitQuotes.com or Ticker Technologies, Inc. Full Disclaimer.