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Strataphy proudly announces its launch, dedicated to advancing sustainable energy solutions through innovative engineering services. source: Strataphy) Geothermal energy, historically used for heating, is now being adapted for cooling through technological advancements and service models like CAS.
Like so many great startups, its electric was born during the pandemic. This need got her wheels turning, and while on a classic pandemic walk, she and her future co-founder Nathan King struck on a novel solution: power from local buildings. its electrics chargers can be deployed in just two days once all permits are secured.
Blockchain’s energy sector uses range from the highly speculative—think peer-to-peer energy trading using cryptocurrency raised in initial coin offerings (ICOs)—to more incremental efforts, grounded in real-world challenges of operating an increasingly decentralized power grid. are testing it out.
This week’s edition of Smart Energy Finances sees three load shifting investments take centre stage as demand response becomes a more notable priority for utilities the world over. 120 million for Swell Energy’s VPP suite. 120 million for Swell Energy’s VPP suite.
EDF Renewables has acquired PowerFlex Systems , a California startup with technology to manage one of the biggest challenges for scaling up electric vehicle charging: controlling the loads that lots of EVs charging at once can place on the power infrastructure of the sites hosting the chargers. European acquisition spree.
Photoncycle claims it can store solar power from summer to winter cheaper than batteries. Photoncycle, a startup from Norway, is tackling interseason storage of solar energy, which could save the abundance of solar energy generated in sunny months to be used for heat and electricity in the winter.
GreenCom Networks, the Internet-of-things platform provider that’s become a go-to for major European utilities to control solar panels, batteries, electric vehicle chargers and smart home energy loads, has landed another funding round with two new strategic investors that could open new markets. million customers.
Here are some of our entrepreneurs’ most impressive moments: Form Energy secured its first grid-scale battery installation pilot project and raised a $70M Series C. Form Energy’s CEO Mateo Jaramillo was selected as one of Business Insider’s 100 People Transforming Business in North America. population. Circularise raised €1.5
100 million smart meters and counting by Gridspertise, a new era for smart meter data in Japan and Kaifa going OSGP and Sigfox are on the week’s technology radar. 100 million smart meters and counting by Gridspertise, a new era for smart meter data in Japan and Kaifa going OSGP and Sigfox are on the week’s technology radar.
It’s been more than half a decade since grid watchers first began talking about the concept of trading energy with your neighbors across peer-to-peer platforms. Such pitches often come with promises of lower electricity prices and more stable grids. “The electricity system in the U.S. an expert says. van Soest said.
The transmission line-monitoringstartup saw its electric utility customers bracing for a period of economic uncertainty, and its team had to transition to remote work while adjusting to the realities of a pandemic. In January 2021, it was named one of three energystartups to watch by pv magazine.
Investors are balancing their long-term climate goals with short-term realitiesfunding is harder to get, policies are shifting, and more than ever startups need to prove they can make money, not just make an impact. Startups that have tightened operations, focused on customer revenue, and pursued capital-efficient models are thriving.
It's not necessarily that the game of musical chairs has intensified in the C-suite, but you'll note major executive moves at big apparel, food, energy, finance and technology corporations, some of which have enlisted a chief sustainability officer (CSO) or equivalent for the first time.
Now, the Wyoming-based startup is preparing to ship its sleek, plug-in home battery panels in July for field tests in Australia, Europe and the U.K., “We wanted to be more of a consumer electricity product, a simple solution for consumers,” founder and CEO Eric Clifton said in an interview. kilowatts/2.2
REEs platform includes both electrical and mechanical connection points to make it easy for upfitters to create an endless variety of vocational vehicles. The first generation of modern EVs shoehorned an electric motor and a battery into a vehicle that was designed around an engine, a transmission and a gas tank. Peter Dow: No.
This week’s edition of Smart Energy’sPower Playbook looks at recent data on venture capital financing in Europe, finding the energy sector taking the lion’s share, with e-mobility and hydrogen companies flourishing, specifically. billion was raised from venture capital for Europe’senergy sector.
Prisma Photonics, an Israeli startup utilizing optical fiber technology to monitor large-scale power-utility infrastructure, has opened its first U.S. His career features stints with cleantech companies such as Orsted, NextEra Energy Resources and GE. office in Austin, Texas. as senior vice president of U.S.
FlexiDAO plans to scale its renewables tracking platform, particularly in the US and Europe, with $6.5 The funding round was led by Amsterdam-headquartered energy venture provider SET Ventures and included Google and the Microsoft Climate Innovation Fund as well as existing investor EIT InnoEnergy. million raised in Series A funding.
AI spurred clean firm power, Europe strengthened carbon markets, and emerging economies’ climate tech demand opened up. 🚗 Vertical: Energy came top in 2024 investment, up 12% to $9.4bn. Scala and Crusoe both support clean energy for data centers. Nuclear and energy storage returned to dominance.
The “solar-powered digital nose” in situ. A large-scale IoT network for the ultra-early detection of wildfires has been launched by environmental startup Dryad Networks. Dryad is now working on ten proof-of-concept deployments with forest owners in the US, Europe, Australia, Indonesia and Africa.
Presenting a comprehensive E-Mobility ecosystem, 2035 E-Mobility Taiwan features 6 main categories : Electric, Autonomous, Connected, Interaction, Shared, and EVs, showcasing cutting-edge solutions from electric vehicles, EIC system (battery, motor, and electric control), ADAS, Internet of Vehicles to smart cockpit.
The grid outages hitting California this year gave the clean energy industry a chance to prove itself, to show that localized solar power and batteries really can help people ride through grid disruption. All those people cannot access the much vaunted benefits of cleaner, decentralized energy.
Automation company ABB is investing in and collaborating with Danish start-up OKTO GRID to advance technology that will digitalise and extend the useful life of ageing electrical assets and meet growing demand for reliable and stable power. It follows a successful seeding round by the startup in December 2022 of €3 million ($3.3
It isn’t easy to transform a century’s worth of electricity infrastructure from the ground up, particularly in the face of climate change-induced firestorms. As California goes, so goes the national trends, and that seems especially true of energy-related issues. But here are three of particular importance.
Multinational law firm Pinsent Masons has introduced a demand side response (DSR) energy reduction green technology to its London headquarters to mitigate their energyusage and emissions. It will automatically reduce non-critical electrical plant and equipment such as pump motors, fans and air conditioning chillers.
The predictive asset management company participated in the incubator’s first Greentown Launch accelerator, PROPEL , in 2015, which led to a pilot project and purchase order for two of the participating startups—including Tagup. We started with electric grid assets, transformers in particular, and we’ve expanded from there.
The HEDGE-IoT project has kicked off to deliver a holistic approach to energy sector digitalisation with the adoption of IoT solutions. The project, which kicked off in January and runs for 42 months to the end of June 2027, is to be delivered by a consortium of 44 participants from across Europe, with coordination by European Dynamics.
A Finnish hospital area has modernised its power distribution tech with ABB-supplied upgrades, including complete protection relay and circuit breaker retrofits, as well as intelligent asset and energy management solutions. We’re well-prepared to face any problems with the power distribution. HUS Meilahti Central Square.
The coronavirus forced layoffs and spending cuts across the solar industry, and hammered global electric vehicle sales. But startups serving the EV charging market have continued pulling in new investments in spite of the uncertainty. HEVO Power raised a $5.5 million raise.
The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Energy & industry. Happy Monday! Lots of spice for clean investment this week. The picture was less rosy for new wind and heat pumps, both of which have suffered from high interest rates. .
The partnership was announced in a community event where representatives from the Icelandic Ministry of Energy and Green by Iceland were also in attendance, aside from the representatives from all three companies. Hank Held, CEO of Mt. The event announcement was an opportunity for the local community to ask questions about the project.
A third is the introduction of eco-design principles in the production of smart meters and their replacement for 50% of the first generation GPRS smart meters by 2028. The involvement of 18,000 people in training activities associated to the energy transition also is targetted.
Earnings season is here, and we read through the energy majors’ earnings report calls from last week so you don’t have to — and learned about the progress, and direction, of the energy transition. All of the energy majors referenced large projects in LNG and strong demand for the fuel. Happy Monday!
Contributed by Shuli Goodman, executive director of LF Energy . Last year, a record $501 billion was pumped into the energy transition, according to BloombergNEF. The WilderHill New Energy Global Innovation Index , which tracks shares in 125 global companies that aim to address climate change, hit an all-time high earlier this year.
million) in its first seed fundraising round to accelerate the development of a platform for UK homeowners and private landlords to make home energy efficiency improvements simpler and more affordable. Snugg will also link to smart meters to monitor reductions in carbon emissions. Scottish fintech start-up Snugg has raised £1.2
Traditionally, a combustion engine provides more than just traction power to the wheels for commercial vehicles. It powers smaller auxiliary loads from the drive belt such as the power steering pump, air compressor for brakes and suspension, HVAC compressor, and coolant pump. This flexibility is important where space is limited.
jumped from 58 meters to 88 meters, according to the American Wind Energy Association (AWEA). A new National Renewable Energy Laboratory (NREL) report on tower heights for land-based turbines in the U.S. meters per second (m/s) with a jump from 80- to 110-meter towers, and by 1.0 Credit: AWEA.
This week’s Smart Energy Finances looks at acquisition of UK-based Smart Metering Systems (SMS) by a US-based investment firm, a successful financing round for a Spanish start-up developing smart grid technology and Siemens’ acquisition of an AI-based tech company developing solutions for the water sector. billion ($1.6
Last week, Ford announced it is acquiring Electriphi, a California-based provider of charging management and fleet monitoring software for electric vehicles. program, which brings startups to the annual event to showcase their solutions. Subscribe to Renewable Energy World’s free, weekly newsletter for more stories like this. “As
The EU Green Deal , Europe’s ambitious sustainability strategy, outlines a path forward to becoming the first climate neutral continent by 2050. In tandem, Europe has also launched a new 2030 Biodiversity Strategy which requires Member States to commit to important targets to restore biodiversity.
Swiss startup Borobotics has raised CHF 1.3 With its highly space- and energy-efficient setup that drills boreholes autonomously, Borobotics aims to make geothermal energy considerably more accessible, simpler and cost-effective. funding first appeared on ThinkGeoEnergy - Geothermal Energy News. million (USD 1.4
The US is learning from some mistakes that have been made in Europe. You wouldn’t even know that a certain network is powered by AMPECO, because our purpose is to enable the charging networks to run their businesses. These might be utilities, system integrators, or electrical installers and contractors. They’re called Wattif.
Kraken, the tech arm of global energy and technology group Octopus Energy, has announced the acquisition of German tech start-up Kwest. Its software platform enables energy installation businesses to streamline and automate operational processes at a fraction of the time of traditional solutions. Have you read?
Software startup Barbara IoT is developing a tool based on edge computing to characterise the state of electrical substation elements when a trip occurs. This, in turn, aims to improve connectivity and provide valuable information for the operation, maintenance and planning of the electrical grid.
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