Constructors believe 5G will benefit their businesses
The Canadian Federation of Independent Business today issued a report documenting that two in three businesses believe the advent of 5G will benefit their businesses. The report, prepared with Telus, found that 72 per cent of finance, real estate and leasing businesses felt 5G would be a benefit; 71 per cent of construction; 44 per cent of agriculture; and 66 per cent of rural businesses. The federal government will be auctioning off the 5G spectrum in June.
Exro battery system attains milestone
Vancouver-based Exro Technologies today announced it has successfully completed its pilot Battery Control System (BCS) test in an operating second life energy storage environment. Exro is a clean technology company that has developed a new class of power electronics for electric motors and batteries. The BCS pilot was tested in a 25kW/150kWh energy storage system with aftermarket battery cells, multiple inverters and a grid level simulator. That type of storage system is often found powering a small commercial space like offices or storage facilities. Exro will now take steps to validate the BCS modular design in a grid connected system by the end of 2021.
Edmonton Real Estate Forum next week
The Edmonton Real Estate Forum will take place virtually on May 26 and May 27 and will feature panels and speakers from the construction and real estate industries along with government and education. Registration for the forum is here.