Where did it come from? Which component makes up the energy? What’s the point of getting power when the power plant has already been built? These are all questions for the reader to contemplate.”
He goes on to address how to create an efficient heat pump, which would not only make a significant change to the life cycle of the engine, but also make the car “safer and more reliable, as far as energy goes”.
In other words, we might be seeing a return to the diesel-diesel war.
According to Mr Gaffney, “If we want to have more efficient cars and trucks, and we want to do that without the huge environmental cost that we’ve committed ourselves to doing in a diesel vehicle, we need solutions that don’t rely on a specific model.”
SINGAPORE – The new owner of the Westgate Mall is poised to make a $4 billion push to modernise the property, with plans announced on Thursday (Sept 27) to construct a five-star hotel, a mixed-use development and an 800-room hotel offering luxury rooms, luxury suites, and a large fitness centre.
The 1.1-hectare mall in Tanjong Pagar was sold last May under an auction deal that included a 10-year lease with a buy-in value of $4.2 billion, or about 1.5 times the mall’s $1.6 billion sale-price in August.
In August, a new entity called Westgate Management (WMG) took the lease over for about $1.3 billion, according to data in the National Development and Reform Commission’s Land Registry.
On Thursday, WMG officials indicated that the total price being paid by Westgate – $250 million per year, including interest – was significantly higher than those previously estimated.
They also confirmed that WMG had agreed in principle with Singapore Housing that Westgate and the MRT will be turned into a 200-hectare mixed-use development and hotel, with plans to launch the first units later this year.
The development, they said at the event in Marina Bay Sands, will include seven hotels, up to three retail spaces, a 600 residential units, a 6,000 sq ft fitness centre, 1,000 parking spaces, and an 8-hectare mixed-use development called The Land.
According to the presentation, the shopping mall will be redeveloped to include 12 million square feet of commercial space, which