Bloomberg Philanthropies has announced a $5 million impact investment in Little Sun, creators of portable, solar-powered lamps designed by co-founders: artist Olafur Eliasson and engineer Frederik Ottesen.The company works with local entrepreneurs to sell its lamps to households where electricity is scarce or unavailable, at prices that are affordable to families currently using costly and toxic kerosene for their lighting. Little Sun operates as a social business, created specifically to address a social problem rather than to maximize profits.This is Bloomberg Philanthropies first-ever impact investment and will provide a low interest rate loan that will allow Little Sun to grow, providing clean and affordable energy to homes, schools and local business in Sub-Saharan Africa. The Foundation undertook a rigorous due diligence process to evaluate the viability of the Little Sun business model and determined that solar powered lamps can provide enormous environmental and social benefits.“Today, seven out of ten people lack access to even the most basic electricity in Sub-Saharan Africa. Over the next 20 years, Africa is poised to hold the world’s largest un-electrified population,” said Felix Hallwachs, Little Sun Managing Director and CEO. “The impact investment from Bloomberg Philanthropies will help us reach our goal of providing clean energy to homes, schools and local businesses, replacing toxic kerosene lamps everywhere we work. We consider access to clean, safe and sustainable energy a fundamental human right.”Currently, households in Africa not connected to the electric grid can spend up to 20% of their total budgets on kerosene, which is the primary source of light for many of these households. Breathing kerosene toxins is also damaging to health – four hours alone is equal to smoking 40 cigarettes. Additionally, global kerosene use has been estimated to emit up to 200 million tons of CO2 annually, which is the equivalent of emissions from approximately 60 large U.S. coal plants, heightening the need to develop sustainable alternatives.To provide the greatest number of people with access to the benefits of solar-powered light, Little Sun’s initial product is priced at the most affordable end of the spectrum of portable solar products. One solar-powered Little Sun light lasts for two to three years before needing a battery replacement, and can save households up to 90% over three years compared to what they would have spent on kerosene. The targeted price point still allows profits to be collected by the local entrepreneurs who sell the lights in their communities.“Too many families are forced to breathe in toxic kerosene fumes because they don’t have access to electricity. Solar-powered lights can improve their health – and at the same time, protect our environment – by keeping pollutants out of the air they breathe,” said Michael Bloomberg, founder of Bloomberg Philanthropies. “Little Sun is bringing clean, safe, affordable light to people who don’t have it today.”While other solar-powered lights are also available, Little Sun is unique in that it is the only light that is also a work of art, inspired by the power of sunlight and energy access.“I am thrilled by the confidence that Michael Bloomberg and his great team at Bloomberg Philanthropies have shown toward our unique social business model and our aim to bring light to people living off the energy grid. To promote solar power in the shape of a Little Sun is to invest in radical change for the lives of many while, at the same time, caring for the planet we share. Holding hands with the sun is holding hands with the future,” said Little Sun co-founder and artist Olafur Eliasson. “With a Little Sun in your hand, you become a power station – charging your lamp in the sun, you also empower yourself. Access to energy and light allows you to determine the direction of your life.”The lamp’s exceptional design and engineering has made it popular, not just in areas without electricity but around the world. Little Sun is sold at museum stores and other outlets in regions including the U.S. and Europe, at a higher price, utilizing the profits from these sales to keep off-grid sales prices locally affordable and to kick-start local businesses in off-grid communities. The Little Sun project was launched in 2012 at the Tate Modern in London, where the lamp continues to be available for purchase. They are also available for purchase online and in museums, like the MoMA Design Store in New York City and select retail stores in the U.S. and Europe.Source:PR Newswire
When Angels star Mike Trout went down for six weeks with a thumb injury at the end of May, it suddenly looked like the American League’s most valuable player title was anybody’s to claim. Would it be rookie sensation Aaron Judge? Or perhaps diminutive Astros sparkplug Jose Altuve would claim his first MVP crown. Could Boston’s strikeout machine Chris Sale work his way into the conversation? The race seemed wide open.Four months later, it’s becoming clear that we may have underestimated the best player in baseball.Trout returned from his first career DL stint after the All-Star break and started knocking home runs like he’d never left. In 51 games since his recovery, Trout has slashed .305/.457/.563, accruing a total of about 21 runs above an average player. Trout’s hitting has been so otherworldly that he has almost entirely closed the gap between himself and the best offensive players in baseball. Here’s a chart showing Trout’s Weighted Runs Created, which quantifies a player’s total offensive value, relative to the rest of the league since the start of the 2017 season. Throw in Trout’s decent defense and proficient base-stealing, and you have the league’s fourth-highest WAR total. And he’s gaining fast on current AL leader Altuve, who slowed down his pace of production slightly as the summer wore on, posting his worst on-base plus slugging rate in September. It’s a long shot, but Trout could pass Altuve in the next couple of weeks.Trout has been among the best players in baseball each full season he’s played. But he’s not only the best in his generation, he’s also the best player in history through ages 21-24. He’ll have to make up a little ground on Ty Cobb to extend that streak to age 25, but there’s no doubt that he’s on his way to an inner-circle Hall of Fame career.Even if Trout doesn’t manage to catch Altuve (or Cobb), he still has a legitimate shot at his third AL MVP award. While the WAR leaderboard doesn’t care about how good your team is, the same cannot be said for MVP voters. And that may be the best argument for Trout’s claim: The Angels are unexpectedly in the running for a wild-card spot, and they owe much of their success to Trout’s bat. To the Angels’ credit, they managed to slightly improve their playoff position in Trout’s absence, but their chances didn’t really take off until he came back.In retrospect, perhaps it was inevitable that Trout would make a run at league MVP. He is the king of consistency, after all. We can just add “injury” to the long list of factors, such as aging and opponent adjustments, that could end a mortal man’s career but barely seem to slow Trout.
Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppThe Royal Turks and Caicos Islands Police Force are seeking information about incidents reported between Tuesday of this week and yesterday where a large sum of cash and electronics were stolen. The police in continuing its investigations into crimes committee has laid four charges against a 17-year old male of Kew Town on Providenciales namely Malicious Damage to Property, Using an Offensive Weapon to cause fear, Assault on a Police Officer and Resisting arrest. The charges are related to an incident which took place between October 30 and November 15, 2013. The 17-year old was offered bail and was set to appear before the Magistrate’s court.And more from the Police… with the festive season fast approaching, officers say and there is a trend for increased robberies and criminal events during this time. The Police Force is suggesting measures be taken by businesses and individuals to safe guard themselves. Some of which are: Stay calm and don’t attempt to be heroic if approached; never assume a firearm is fake or a toy; follow the instructions of the offender; make observations of the assailant and following the incident one should immediately call 911. Related Items:
Hopkins Street is closed to through traffic due to a serious motor vehicle crash just before the #Billerica Line. Seek alternate routes. #WilmingtonMA pic.twitter.com/D4Gp5PLWrj— Wilmington MA Police (@WilmingtonMAPD) April 20, 2018—(DISCLAIMER: This information is public information. An arrest does not constitute a conviction. Any arrested person is innocent until proven guilty.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip?Share this:TwitterFacebookLike this:Like Loading… RelatedPOLICE LOG for September 5: Train Conductor Helps Locate Missing Puppy; Rented Trucks Not Returned To UHaulIn “Police Log”POLICE LOG for July 27: OUI Arrest; Woman Brings Caged Bird To Town BeachIn “Police Log”POLICE LOG for July 25: Wilmington Man Arrested For OUI; Men Carrying Sledgehammers Down Street; Turkeys Causing TrafficIn “Police Log” WILMINGTON, MA — Here are highlights from the Wilmington Police Log for Friday, April 20, 2018:A Fitz Terrace caller reported a male party was fishing on private property. Police responded and moved the man along. (8:03am)A vehicle stroke a pole on Grove Avenue. No injuries noted. RMLD notified. (1:45pm)Police was flagged down by passerby complaining there was a dog on town beach. Police advised the dog owner and moved them along. (5:49pm)A walk-in party reported she was the victim of a fraud. (5:52pm)A bad 2-vehicle crash, with injuries and an entrapment, took place between a black 2005 Honda Civic and blue 2008 Toyota Prius at Hopkins Street and Dorchester Street. One driver was unconscious, the other was entrapped. Road was shutdown. A mailbox was damaged due to the accident. A dog, which was in one of the vehicles, was transported to the vet. Tewksbury, Billerica and Burlington Fire Departments also responded and/or provided mutual coverage. Police filed an immediate threat against the operator of the Honda and faxed the paperwork to the RMV. (6:30pm)—
BSP supremo Mayawati took a potshot at Prime Minister Narendra Modi.MONEY SHARMA/AFP/Getty ImagesAhead of the last and final phase of the Lok Sabha 2019 elections, politicians continue to mud-sling each other.Bahujan Samaj Party supremo Mayawati took a potshot at Narendra Modi after the Prime Minister accused her of “shedding crocodile tears” over the Alwar gang-rape. The BSP chief stated that women legislators in the Bharatiya Janata Party fear that if PM Modi meets their husbands, they will leave their wives as PM Modi did.Addressing a press conference, Mayawati said, “In BJP, married women leaders get scared when they see their husbands around PM Modi. They fear that this Modi will separate them from their husbands.” Mayawati said that Modi could not be expected to respect others sisters and wives when he had left his own wife for political gains.This is the first time that any political leader has criticised the Prime Minister’s personal life.Accusing Modi of playing politics over the Alwar rape case, Mayawati slammed the Prime Minister for showing sympathy for Dalits and said that his words rang hollow. “If Modi had genuinely been a backward caste person, he would not have objected to bungalows owned by Dalit and OBC people. He changes his caste every day for electoral gains,” she added.Mayawati said that Modi had tried to break the Samajwadi Party (SP)-BSP alliance and would earlier address her as ‘behenji’ but when he realised that the alliance would not break, he has started addressing her as ‘bua’.”The ‘sanskari’ people in the country address me as ‘behenji’. Even my parents call ‘behenji’ and so does Akhilesh Yadav,” she stated.Earlier on Sunday, May 12, Prime Minister Modi asked why BSP supremo Mayawati did not withdraw support to the ruling Congress in Rajasthan after a Dalit woman was gang-raped in front of her husband in Alwar on April 26. Addressing an election rally in Uttar Pradesh’s Kushinagar, PM Modi said: “A Dalit girl was gang-raped in Rajasthan which is being ruled by the ‘naamdar’ (Congress) with the support of BSP. Both the parties are trying to suppress the matter. The daughters of this state are asking ‘behenji’ why hasn’t she taken back her support to the Congress after the incident.”Meanwhile, Mayawati appealed to people to vote for the alliance in the final phase of elections. Uttar Pradesh will go to polls in the sixth phase on May 19. Results will be declared on May 23.
[Representative image]. REUTERS/Nerijus Adomaitis/File PhotoOil-to-telecoms conglomerate Reliance Industries (RIL) partnered UK-based BP to invest about Rs 9,750 crore ($1.5 billion) to develop six satellite gas fields in the Krishna Godavari Dhirubhai 6 (KG-D6) block by 2022.Earlier on Monday, both the companies submitted the field development plans to the office of Directorate General of Hydrocarbons (DGH), sources aware of the development told news agency PTI.RIL and BP plan to develop four deep sea satellite gas finds — D-2, D-6, D-19 and D-22 — in the Krishna Godavari basin block. Overall 5-6 gas producing wells will be drilled, which will be later attached to production facilities.The peak output is expected in the range between 10 to 12 million standard cubic meters per day (mmscmd), the company said in a statement. “The four satellites and the two other satellite finds (D29 and D30), R-Series and MJ gas discoveries, are the ones on which RIL and BP had in mid-June this year announced investing Rs 40,000 crore to reserve the flagging production from KG-D6 block,” PTI reported.Development of the six satellite finds will be conducted together, while D-34 or R-Series and D-55 (MJ) would have separate development plans, sources said.Earlier in 2012, the government had approved a Rs 9,750 crore ($ 1.5 billion) plan to drill out 10.36 million standard cubic meters per day of gas from four satellite fields of the block by 2016-17.According to the report, the four fields have 617 billion cubic feet of reserves and can approximately produce gas for next eight years.The companies do not want to change the investment plan for D-34 or R-Series gas field in the same block, which was earlier approved in August 2013, the report said. Currently, the D-34 discovery holds estimated reserves of 1.4 trillion cubic feet, which means about 12.9 mmscmd of gas for a period of 13 years can be drilled out from it.Reliance posted a 12.8 percent rise in its net profit on a year-on-year basis, at Rs 8,097 crore for the second quarter ended September 30, propelled with higher margins from its core refining and petrochemicals businesses.
In a major breach of contract, the government has raised serious concern over the functioning of ‘toll plazas’ operated by private players including Reliance Infrastructure Ltd. for suppressing the ‘escrow accounts’.The total volume of the ‘irregularities’ was found to be around Rs. 903 crore, which was raised but was not deposited in the escrow accounts as per agreed terms by the private players. The ‘escrow account’ is a temporary pass through account held by third party during the process of a transaction (of toll collection) between the two parties. It was learnt that on March 10, 2010, the NHAI had an agreement with the M/s PS Toll Road Pvt. Ltd of Reliance Infrastructure for the development, maintenance and management of National Highway No. 4 (approx. 140.35 km). Also Read – Need to understand why law graduate’s natural choice is not legal profession: CJIIn the agreement it was decided to augment the existing road of nearly 140.35 km on the Pune-Satara section of National Highway No. 4 in Maharashtra to six-Lane under Design, Build, Finance, Operate and Transfer (DBFOT) basis.However, it was found that despite incomplete work ‘as per the Concessionaire Agreement (CA) with the NHAI,’ the company continues to collect toll from October 1, 2010 to March 2014. Sources said, during these periods they managed to collect more than Rs. 500 but ‘surprisingly’ diverted nearly half of the amount (till August 2012) and invested it in Reliance Liquid Fund (RLF), which is against the CA. Also Read – Health remains key challenge in India’s development: KovindIt was found that on September 1, 2014, M/s PS Toll Road Pvt. Ltd in a letter to the NHAI’s Project Director claimed that work has been completed on the on the Pune-Satara section. A senior official of the company Nagendra Rai in his letter to NHAI mentioned, “We would like to inform that the old toll plaza structure has been completely removed and the surface treatment has been completed.”But, on September 9, 2014, the General Manager (Tech), NHAI, Rajesh K. Kaundal in a reply letter, to the company mentioned that, “It is seen that concessionaire has submitted the compliance after a period of about nine months and that to it is incomplete action on the part of concessionaire, as removal of old toll plazas structure is yet to be done. In view of above it is requested to take immediate action on removal of the structure without loss of further time.”
The repatriation of Iranians killed in the Haj stampede in Saudi Arabia has been delayed until at least on Wednesday, officials said, citing administrative problems and difficulties in identifying victims.With the uproar over the tragedy showing no sign of easing, President Hassan Rouhani arrived back in Tehran on Tuesday having left the UN General Assembly early, after citing Saudi “incompetence” at the Haj. However the families of those who died in the crush — 228 Iranian fatalities have been confirmed — are still waiting for the ceremonial return of their loved ones. Also Read – Nine hurt in accident at fireworks show in French resort“A plane is supposed to leave for Jeddah tonight for the transfer of bodies,” said Ali Marashi, head of the Iranian Red Crescent’s medical centre in Tehran, which is organising the repatriation.But the task is proving difficult as the toll continues to rise — beyond the confirmed dead a further 227 Iranians were injured and 246 are missing.“God willing we will have the funerals tomorrow,” Marashi said on Tuesday.“As well as the previous 21 containers there are now
Kolkata: The Mamata Banerjee government has decided to introduce Medhabi Bhata in honour of Gandhiji. The Chief Minister has announced a series of programmes to celebrate the 150th birth anniversary of Mahatma Gandhi.While addressing a gathering in a programme at Beliaghata Gandhi Bhavan, the Chief Minister said: “The Higher Education department will be introducing Medhabi Bhata in honour of Gandhiji.”Banerjee has also announced that a procession will be organised next year on October 2 in the city. She said: “The route of the venue will be announced later. I will urge people from all sections to attend the rally.” Also Read – Rain batters Kolkata, cripples normal lifeShe further said that the state government has taken over Gandhi Bhavan at Beliaghata to restore it. The step has been taken as it is a heritage building and needs to be preserved properly for the next generation.”The state government has taken steps for restoration of Gandhi Bhavan at Beliaghata and Rs 3.5 crore will be spent for the same. There will be a museum as well,” she said, adding that the Gandhi Bhavan here is of great historical value, as Gandhiji was present here on the day India became independent, on August 15 in 1947. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedShe further said that the 150th birth anniversary of Mahatma Gandhi will be observed across the country in 2019. “But we have started from 2018 onwards and there will be a series of programmes that will continue for the next two years,” she said, adding that steps will be taken to spread the message of Mahatma Gandhi across the state.She further said that the university named after Gandhiji is coming up at Tamluk in East Midnapore. Tamluk has been selected to set up the university as it is one of the three places in the country that first got independent.There will be a chair in the name of Gandhiji in Calcutta University. She mentioned that the life and works of Gandhiji is already in the school curriculum in Bengal.