NINGBO, China, Aug. 13, 2024 /PRNewswire/ -- In a remote Xuanpei village, Dongqiao town, Haishu district of Ningbo, a plant with special architecture is located, amidst the mountains. It is the SUS Ningbo Mingzhou Waste-to-Energy Project (hereinafter referred to as Ningbo Project).
Operating since June, 2017, Ningbo Project has processed about 6.07 million tonnes municipal solid waste and produced about 200 million kWh green on-grid power, reducing GHG emission, approximately 2.19 million tonnes of carbon dioxide and receiving over 60,000 visitors. However, Ningbo Project does more than just turns waste into treasure.
Low Carbon Emission: Taking the Lead on Real-time Carbon Monitoring and Smart Incineration
Waste-to-Energy (WtE) is the mainstream of waste resourcing all over the world. In China, WtE is developing at high speed, achieving an annual processing capacity of 244 million tonnes by the end of 2022, accounting for 72.5% of waste management. Despite its prominence as a primary waste disposal method, the carbon emission from WtE has been a significant emerging environmental concern. Currently, accurately identifying and monitoring carbon emission poses substantial challenge for the WtE industry.
Municipal solid waste, different from fossil fuel, mainly contains fossil component and biological component. The biological component will not contribute to the greenhouse gas effect since it automatically integrates into atmospheric circulation. Therefore, only the carbon in fossil component will be focused during carbon emissions accounting. However, challenges persist always arises from the complexity of waste component, significant spatial and temporal fluctuations, distinct regional characteristics and variability in fossil carbon content.
In February 2023, National Key R&D Project and China-Austria Intergovernmental IUR Cooperation Project titled Real-time Carbon Monitoring and Smart Incineration Aiming at Low Carbon Emissions and High Energy Efficiency in Waste-to-Energy Plant: Technology Development and Demonstration has been kicked off in Shanghai. Led by SUS ENVIRONMENT, the project designated the Ningbo Project as China's first demonstration project of real-time carbon monitoring and smart incineration.
Through cooperation with universities and research institutions, such as Zhejiang University, Shanghai Jiaotong University, Vienna University of Technology and Vienna Institute for Resources and Waste, this partnership aims to develop a carbon source identification and carbon emission monitoring technologies applicable to Chinese WtE plants. The initiative will establish a sampling-free system for fossil/biogenic carbon source identification and real-time carbon emission monitoring with high temporal resolution and accuracy. This effort addresses the critical challenge of accurately identifying and monitoring carbon emissions in WtE operations.
After a year of refinement, the real-time carbon monitoring and smart incineration system operates smoothly, achieving a milestone as the first system which realizes high accurate and real-time monitor with over 92% monitoring accuracy and a frequency of every 5 minutes. The Smart Incineration has enhanced the boiler efficiency by 2.5%, facilitating higher energy production. The entire integrated system will be an essential technologies for improving efficiency, reducing pollution and cutting carbon emission.
Ultra Clean: Implementing More Stricter Emission Standard than Chinese Standard and the European Union Standard
In terms of flue gas cleaning system, Ningbo Project adopts "seven-steps" flue gas cleaning process which adds SCR and wet scrubber tower in addition to " five-steps" flue gas cleaning process. The flue gas emission standard in Ningbo Project is stricter than the Chinese standard (GB18485-2014) and the European Union standard (2010/75/EU).
More PIMBY: Advocating the Concepts of Ecological Environmental Protection and Promoting Community Engagement
As National Ecological Environment Science Base, Ningbo Project has constructed the national's first waste incineration museum, using interactive media to display the whole process of waste collection, transportation and disposal. Over 140 local schools with 14,000 students and visitors have experienced the environmental education activities provided by Ningbo Project. And as an Industrial Tourism Demonstration Site in Zhejiang Province, Ningbo Project has hosted more than 60,000 visitors from all walks of life and become a prime model for Ningbo environmental education.
Committing to creating a cleaner and more friendly living environment, Ningbo Project devotes to promote community engagement through maintaining village infrastructures, offering job opportunities and providing recycling business from bottom ash to bricks for local residents. Ningbo Project not only turns waste into treasure, but also wins residential trust relying on advanced waste disposal technologies and community engagement.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Low Carbon Emissions, Ultra Clean and More PIMBY. The WtE Project is Beyond Your Imagination
PALO ALTO, Calif., Sept. 13, 2024 /PRNewswire/ -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced that it launched its revenge short drama "My Billionaire Ex Wants Me Back" on September 10th at FlexTV. This emotionally charged drama immerses viewers in a gripping story of love lost and found, as true lovers navigate misunderstandings and betrayals on their journey back to each other.
 
Alison has harbored an unspoken crush on Dylan for eight years, though their paths seldom crossed. Meanwhile, Kara, determined to climb the social ladder, schemes to trap Alison and entangle her with Dylan. When Kara returns, Dylan initially plans to rekindle their old romance, only to realize that he has developed feelings for Alison instead...
The show's director masterfully uses visual storytelling to highlight the emotional turbulence and internal struggles of each character. The intense contrast between Alison's loyalty, Kara's betrayal, and Dylan's conflict between true love and responsibility is artfully portrayed in every scene.
MPU operates the world's leading short drama streaming platform FlexTV, currently distributing short drama content to over 100 countries worldwide, covering multiple language versions such as English, Japanese, Korean, Portuguese, Spanish, French, and Arabic. It has won the favor of audiences around the world with its high-quality short dramas and excellent user experience. My Billionaire Ex Wants Me Back, now streaming on FlexTV, delves deeply into the complexities of human relationships and evokes thoughtful reflection on modern love and its challenges. For more exciting content, please visit https://www.flextv.cc/.
#Romance #ShortDrama #FlexTV #MPU
About Mega Matrix: Mega Matrix Corp. (NYSE American: MPU) is a holding company and operates FlexTV, a short drama streaming platform and producer of short dramas, through Yuder Pte, Ltd., an indirect majority-controlled subsidiary of Mega Matrix. Mega Matrix is a Delaware corporation headquartered in Palo Alto, CA. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company's profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; ; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company's new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company's future results of operations are subject to additional risks and uncertainties set forth under the heading "Risk Factors" in documents filed by the Company with the Securities and Exchange Commission, including the Company's latest annual report on Form 10-K, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company's inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company's assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.
Disclosure Channels
We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:
X (f/k/a Twitter):
twitter.com/MegaMatrixMPU
Facebook:
facebook.com/megamatrixmpu
facebook.com/flextvus
LinkedIn:
linkedin.com/company/megamatrixmpu
TikTok:
tiktok.com/@flextv_english
YouTube:
youtube.com/@FlexTV_English
The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Mega Matrix Announced That the Romantic Short Drama "My Billionaire Ex Wants Me Back", Was First Released on September 10 at FlexTV
Mega Matrix Announced That the Romantic Short Drama "My Billionaire Ex Wants Me Back", Was First Released on September 10 at FlexTV
Mega Matrix Announced That the Romantic Short Drama "My Billionaire Ex Wants Me Back", Was First Released on September 10 at FlexTV
Mega Matrix Announced That the Romantic Short Drama "My Billionaire Ex Wants Me Back", Was First Released on September 10 at FlexTV
