AoRa Development
Nearby realtors & realty services
360 West 125th Street, Suite #11
05/31/2022
Japan has successfully tested a deep ocean energy turbine powered by the current that could supply up to 60% of the country's power usage.
https://www.bloomberg.com/news/features/2022-05-30/japan-s-deep-ocean-turbine-trial-offers-hope-of-phasing-out-fossil-fuels
03/11/2022
A major problem in major cities around the world is affordable housing. Industry research from McKinsey and many others illustrate that modular construction can play a significant role in bridging that gap. Governments have been financing many affordable development deals. In addition, they need to be financing more research into advancing prefabrication, modular construction techniques, and technology. The construction industry makes up 13% of the world's GDP, yet construction tech is decades behind in productivity. If we build cheaper, faster, and with better quality, this can help solve supply and high purchase/rental costs. Here are a few takeaways from the McKinsey Modular Construction Report https://rb.gy/x6z6lw:
1. 20-50% faster construction
2. 20% cost savings
3. 130B market share by 2030 with a 22B cost savings
4. Public owners and regulators can facilitate a shift in the industry
5. Leading countries include Scandinavia, Japan, and Sweden
Modular construction: From projects to products Shifting construction away from traditional sites and into factories could dramatically change the way we build. Will modular construction make a sustainable impact this time around?
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