article thumbnail

US energy storage market saw ‘first year of double-digit deployment’ in 2024: Wood Mac

Energy Storage News

According to the Q1 2025 US Energy Storage Monitor from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), energy storage installations surpassed 12GW in 2024.

article thumbnail

Bidgely Quadruples Revenue for AI-Powered EV Intelligence and Grid Solutions in 2024

Bidgely

Surge in demand for customer engagement, energy efficiency solutions also drives company toward profitability LOS ALTOS, Calif., December 12, 2024 Bidgely , a leading global energy intelligence company, drove momentum for profitability in 2024 by quadrupling revenue for its grid products.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Organisations are increasingly aware of the environmental footprint of Gen AI, but most aren’t able to address it alone

Envirotec Magazine

As businesses weigh up Gen AIs ability to drive business growth against the technologys environmental cost, the report outlines measures to design a responsible and sustainable generative AI strategy. To mitigate this, organizations are increasingly turning to renewable energy sources and optimizing their AI infrastructure.

article thumbnail

Toyota’s Answer to Hydrogen Station Shortages and Rising Fuel Costs

Hydrogen Fuel News

Toyota to Test Hydrogen-Electric Hybrid Van in Australia Toyota Motor Corporation has announced its plans to embark on public road tests for a new hydrogen-electric hybrid HiAce van in Australia next spring. This cutting-edge vehicle showcases a dual power system, seamlessly integrating a hydrogen engine with an electric motor.

article thumbnail

Why carbon tracking and reporting is necessary to hold corporations accountable

GreenBiz

Now, new breakthrough climate accounting technologies are emerging as solutions to track and verify energy and carbon emissions, and report energy purchases and consumption. As more of these services hit the market, corporations making ambitious climate pledges will need to adopt energy and carbon tracking and reporting technologies.

Carbon 530
article thumbnail

Bloom Energy’s Latest Advancements and Market Insights

Hydrogen Fuel News

Record-Breaking Financial Momentum Bloom Energy has closed 2024 on a high note with remarkable financial results. For the full year, Bloom Energy generated $1.47 This surge in financial performance stems largely from robust growth in product and service revenues, which jumped 67% in the last quarter of 2024 alone.

article thumbnail

Xcel Energy to instal 260,000 smart meters in Wisconsin

Smart Energy International

Xcel Energy has announced the start of the rollout of smart electricity meters in its Wisconsin service territory. The installations will start in the company’s southern communities and will lead to the installation of more than 260,000 of the new smart meters in the service area through 2025. million electricity and 2.1