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ClearVue to showcase solar glass tech in Tattersalls upgrade
ClearVue to showcase solar glass tech in Tattersalls upgrade

West Australian

time01-05-2025

  • Business
  • West Australian

ClearVue to showcase solar glass tech in Tattersalls upgrade

The old and new will come together in the heart of Sydney's CBD after ClearVue Technologies secured a supply contract for the installation of its integrated photovoltaic technology as part of a $308M upgrade of the historic Tattersalls Club in Sydney The company's BIPV (building integrated photo-voltaic) solar feature glass will form a key part of the $600,000 roof section for the project which will be its first installation of a ClearVue product on a high-rise building and its first application in Sydney's CBD. The Tattersalls redevelopment is designed to restore and refresh the 126 year-old building and ClearVue's involvement represents a powerful endorsement of the company's innovative technologies. The BIPV installation will deliver solar power-generating glass roofing to the upper terrace area of the refurbished building. The glazed area has been designed to provide aesthetically pleasing pure-black feature glass across the roof area of the terraces between the 44th to 51st floors of the building and to merge seamlessly with other non-solar architectural features. The installation is being undertaken by SRG Global's curtain wall façades team, acting for Richard Crookes Constructions. SRG Global is an ASX-listed diversified infrastructure services company headquartered in Perth, Western Australia. The NABERS (National Australian Built Environment Rating System) provides standard lists of efficiency objectives and employs rating calculators to measure the environmental performance of buildings, tenancies, and homes in Australia. SRG Global project manager Sayeed Ansari, said ClearVue's proprietary solar glass BIPV solutions will deliver a sustainable, energy-efficient alternative technology which will enhance the building's sustainability and energy performance targets. Is your ASX-listed company doing something interesting? Contact:

ClearVue to showcase solar glass tech in Tattersalls upgrade
ClearVue to showcase solar glass tech in Tattersalls upgrade

The Age

time01-05-2025

  • Business
  • The Age

ClearVue to showcase solar glass tech in Tattersalls upgrade

The old and new will come together in the heart of Sydney's CBD after ClearVue Technologies secured a supply contract for the installation of its integrated photovoltaic technology as part of a $308M upgrade of the historic Tattersalls Club in Sydney. The company's BIPV (building integrated photo-voltaic) solar feature glass will form a key part of the $600,000 roof section for the project which will be its first installation of a ClearVue product on a high-rise building and its first application in Sydney's CBD. The Tattersalls redevelopment is designed to restore and refresh the 126 year-old building and ClearVue's involvement represents a powerful endorsement of the company's innovative technologies. The BIPV installation will deliver solar power-generating glass roofing to the upper terrace area of the refurbished building. 'ClearVue's solar façade solutions are vital for achieving top energy efficiency performance and a 6 Star NABERS rating for this project...' ClearVue Technologies global CEO Martin Deil The glazed area has been designed to provide aesthetically pleasing pure-black feature glass across the roof area of the terraces between the 44th to 51st floors of the building and to merge seamlessly with other non-solar architectural features. The installation is being undertaken by SRG Global's curtain wall façades team, acting for Richard Crookes Constructions. SRG Global is an ASX-listed diversified infrastructure services company headquartered in Perth, Western Australia. ClearVue Technologies global CEO Martin Deil said: 'We are proud to be a part of this iconic project in Sydney for the City Tattersalls Club building. ClearVue's solar façade solutions are vital for achieving top energy efficiency performance and a 6 Star NABERS rating for this project. The Tattersalls redevelopment will create a new landmark in Sydney's CBD and supports the City of Sydney's Net Zero objectives.' The NABERS (National Australian Built Environment Rating System) provides standard lists of efficiency objectives and employs rating calculators to measure the environmental performance of buildings, tenancies, and homes in Australia. SRG Global project manager Sayeed Ansari, said ClearVue's proprietary solar glass BIPV solutions will deliver a sustainable, energy-efficient alternative technology which will enhance the building's sustainability and energy performance targets.

ClearVue to showcase solar glass tech in Tattersalls upgrade
ClearVue to showcase solar glass tech in Tattersalls upgrade

Sydney Morning Herald

time01-05-2025

  • Business
  • Sydney Morning Herald

ClearVue to showcase solar glass tech in Tattersalls upgrade

The old and new will come together in the heart of Sydney's CBD after ClearVue Technologies secured a supply contract for the installation of its integrated photovoltaic technology as part of a $308M upgrade of the historic Tattersalls Club in Sydney. The company's BIPV (building integrated photo-voltaic) solar feature glass will form a key part of the $600,000 roof section for the project which will be its first installation of a ClearVue product on a high-rise building and its first application in Sydney's CBD. The Tattersalls redevelopment is designed to restore and refresh the 126 year-old building and ClearVue's involvement represents a powerful endorsement of the company's innovative technologies. The BIPV installation will deliver solar power-generating glass roofing to the upper terrace area of the refurbished building. 'ClearVue's solar façade solutions are vital for achieving top energy efficiency performance and a 6 Star NABERS rating for this project...' ClearVue Technologies global CEO Martin Deil The glazed area has been designed to provide aesthetically pleasing pure-black feature glass across the roof area of the terraces between the 44th to 51st floors of the building and to merge seamlessly with other non-solar architectural features. The installation is being undertaken by SRG Global's curtain wall façades team, acting for Richard Crookes Constructions. SRG Global is an ASX-listed diversified infrastructure services company headquartered in Perth, Western Australia. ClearVue Technologies global CEO Martin Deil said: 'We are proud to be a part of this iconic project in Sydney for the City Tattersalls Club building. ClearVue's solar façade solutions are vital for achieving top energy efficiency performance and a 6 Star NABERS rating for this project. The Tattersalls redevelopment will create a new landmark in Sydney's CBD and supports the City of Sydney's Net Zero objectives.' The NABERS (National Australian Built Environment Rating System) provides standard lists of efficiency objectives and employs rating calculators to measure the environmental performance of buildings, tenancies, and homes in Australia. SRG Global project manager Sayeed Ansari, said ClearVue's proprietary solar glass BIPV solutions will deliver a sustainable, energy-efficient alternative technology which will enhance the building's sustainability and energy performance targets.

AI Data Centres to Consume 8 Percent of Australia's Electricity in 5 Years: Deloitte
AI Data Centres to Consume 8 Percent of Australia's Electricity in 5 Years: Deloitte

Epoch Times

time30-04-2025

  • Business
  • Epoch Times

AI Data Centres to Consume 8 Percent of Australia's Electricity in 5 Years: Deloitte

AI data centres are expected to consume 8 percent of Australia's national electricity supply by 2030, an increase from the current 5 percent this year, according to Deloitte's Australian TMT (Technology, Media, and Telco) Predictions 2025. As AI becomes more powerful, its energy use is also growing, causing strain on energy grids and operators. Deloitte's forecast is in line with the previous findings from Ascelin Gordon, a senior lecturer at RMIT University, who estimated Gordon earlier predicted that Australian data centre energy usage could reach 8-15 percent by 2030. In a bid to address environmental concerns, Deloitte said that 90 percent of data centres built in 2025 are expected to have a five-star environmental rating from the National Australian Built Environment Rating System (NABERS). Further, they will need to cut emissions under Scope 2 requirements by using liquid cooling, which will result in up to 10 percent in energy savings. Related Stories 7/17/2024 4/16/2025 'The 2025 TMT Predictions show we are at a pivotal moment where the choices we make today will have a significant impact on the future of the sector,' said Bec McConnochie, Deloitte Australia's national industry sector lead. 'This presents a unique opportunity for us to make sure that future is based on trust, inclusivity, and sustainability so that industry advancements not only benefit the current generation, but all those who follow.' However, other challenges remain. Deepfake attacks are expected to double in 2025, affecting over 40 percent of Australian businesses, with 9 out of 10 harassment cases targeting women. Generative AI Adoption Slower Than Expected, But Smartphone Tech Accelerates While global excitement around generative AI is strong, Australian businesses are taking a cautious approach to deploying generative AI agents. Despite the potential to boost productivity across manufacturing, retail, healthcare, and professional services, investment in local AI startups is projected to stay modest—under $50 million in 2025. Smartphone trends tell a slightly more different story. More than half of smartphones in Australia will be AI-enabled this year, driven by Apple's dominance of the local premium market with a 55 percent share, compared to 25 percent globally. The emergence of AI-enabled smartphones will lead to longer device upgrade cycles and premium phones being replaced every four years, six months later than in 2023. AI could also play a role in content creation but intellectual property issues will limit this trend. The Subscription Video on Demand (SVOD) industry is stabilising, but 75 percent of consumers are dealing with cost of living pressures, which is reshaping the landscape. Growth in Sports Infrastructure and Telco Cooperation Points to New Opportunities Deloitte also predicted new growth areas in the technology and media field. Investment in Australian sports infrastructure is projected to hit $1.2 billion over the next three years, and the number of stadiums offering 5G services has doubled to six in 2025. Telecommunications companies are pursuing network sharing agreements, leading to the construction of 300 new 5G sites in 2025. This collaboration could reduce infrastructure costs by as much as 30 percent, while also improving coverage for Australian consumers. 'As we move into the next phase of digital evolution, the most resilient companies will be those that can cut through complexity, spot signals early, and move with intent. The best way to navigate uncertainty is not to wait—but to prepare,' said Peter Corbett, Deloitte Australia's lead partner of Telecommunications, Media and Technology.

SCALING UP IN THE UK
SCALING UP IN THE UK

The Star

time29-04-2025

  • Business
  • The Star

SCALING UP IN THE UK

GAMUDA Land is scaling new heights in the United Kingdom, expanding its footprint in one of the world's most competitive property markets. The company's diversified portfolio now spans residential, commercial and purpose-built student accommodation (PBSA). Its biggest milestone to date is the RM7bil (£1.2bil) redevelopment of 75 London Wall, a major commercial-led regeneration project in the heart of the City of London district. The project, which broke ground in early 2025, represents Gamuda Land's largest overseas investment and a significant step into the UK's institutional-grade property sector. '75 London Wall is a statement of intent. It's a long-term play that reflects our confidence in the UK market and our ability to compete on a global stage, while staying true to our town-making values,' said Gamuda Land chief executive officer Chu Wai Lune. Upon its completion in Septem­ber 2027, the 14-storey 75 London Wall will have a net ­lettable office space of over 450,000 sq ft. It is set to become a Grade-A sustainable top-tier office, targeting three sustainability performance ratings – Building Research Establishment Environmental Assessment Method (BREEAM) 'Outstanding', WELL Core 'Platinum' and National Australian Built Environment Rating System (NABERS) UK 5 Star Design. Diversifying into student housing Alongside its flagship commercial development, Gamuda Land is actively expanding into the PBSA sector. Its latest project at City Wharf in Glasgow, Scotland – a joint venture with Dandara Living – features 492 student beds ­integrated into a broader mixed-use neighbourhood. The development follows the company's first PBSA in Woolwich, London – a ­299-bedroom scheme delivered in partnership with Q Investment Partners. Together, these projects form part of its strategy to deliver 3,000 student beds across key cities in the UK by 2029. Gamuda Land's move into the PBSA sector is backed by solid market and economic drivers, including: > Leader in global education: The UK is home to 15 of the world's top 100 universities, with over 2.2 million full-time students. International student enrolment is outpacing the growth of domestic students. > Persistent supply-demand imbalance: The UK has consistently faced a shortage of student accommodation, highlighting the need for quality student housing. Real estate and investment firm CBRE's analysis reveals a deficit exceeding 350,000 PBSA beds across major university towns, with Greater London alone facing a shortfall of 106,000 beds – a 45% increase since 2017-2018. > Changing rental landscape: The increasingly challenging environment for smaller private landlords, with the 5% additional stamp duty hike on April 1 and tighter rental regulations, will further drive demand to professionally managed, institutional-grade PBSA. The UK real estate market offers a blend of transparency, resilience and institutional interest that aligns with the company's growth aspirations. The PBSA in City Wharf in Glasgow, Scotland, addresses the acute shortage of high-quality student accommodation in one of the UK's most vibrant and undersupplied student markets. PBSA is a structurally resilient and counter-cyclical asset class, underpinned by sustained demand from both domestic and international students. It is also viewed as a defensive investment, less exposed to political cycles or volatility, making it a stable asset for long-term capital. 'The PBSA sector aligns well with our strengths. We're not just building accommodation, we're designing better living environments for students through thoughtful planning, sustainability and community integration,' added Chu. In line with Glasgow's climate targets and planning policies, City Wharf's PBSA is designed with a strong emphasis on ­sustainability, integrating low-carbon and zero-carbon technologies, including air-source heat pumps, to achieve a BREEAM 'Very Good' rating. Strategic expansion Gamuda Land entered the UK market in West Hampstead Central in North London, a boutique residential development, completed and fully sold in 2024. With West Hampstead, Woolwich, City Wharf and 75 London Wall in its portfolio, the developer is growing its presence with a measured approach, combining high-growth sectors with institutional-grade opportunities. 'Our UK strategy is to build a diversified and resilient portfolio, balancing short and long-term assets, from income-generating PBSAs to value-accretive commercial projects,' said Chu. He added that the company is actively pursuing several more PBSA opportunities across key university cities in the UK. Creating value As a homegrown developer with a growing global presence, the company continues to draw from its experience in master-­planning award-winning townships like Gamuda Gardens, Gamuda Cove and twentyfive7 in Malaysia. The same principles – placemaking, sustainability and community building – are now being applied in its projects across Vietnam, Australia and the UK. 'Expanding abroad has sharpened our capabilities and broadened our perspective. 'It gives us valuable insights into evolving lifestyles, regulatory frameworks and urban challenges, which, in turn, strengthen the way we plan, design and deliver our projects back home in Malaysia,' said Chu. Looking forward With ongoing projects in Vietnam, Singapore, Australia and the UK, the developer's international ventures are a core pillar of its long-term growth strategy. To date, it has invested over RM1.91bil (£340mil) in the UK market, with plans to invest a further RM1.24bil (£220mil) as it scales up its presence in high-growth corridors. This expansion is part of Gamuda Land's broader investment blueprint, which includes RM10.5bil in capital deployment over the next five years, and a total projected gross development value of RM26bil across key markets. 'With strong capital commitment, we are steadfast in scaling our long-term presence in the UK with confidence. And we are actively seeking like-minded partners to match equity in these developments. 'The UK is a sophisticated and mature market – one that rewards long-term thinking and quality execution. We believe there's a real opportunity for strategic co-investment that delivers both financial and social returns,' said Chu. Over the next five years, the company is targeting a balanced sales contribution of 40% from Malaysia, 45% from Vietnam and 15% from the UK, Australia and other regions. As Gamuda Land strengthens its UK footprint, its priority remains clear: delivering high-quality, sustainable developments that respond to the country's evolving market dynamics and long-term housing needs. 'As we build our footprint abroad, we're proud to bring the same values and quality we're known for at home,' said Chu. 'It's about creating places that stand the test of time – wherever they are in the world.'

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