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The system will harness geothermal energy from a shallow borefield which will provide heating and cooling for 2700 square meters of office space. “Thanks to the geothermal solution we are deploying, this building embodies our know-how and our vision of its essential role in achieving a successful energy transition.
Photoncycle claims it can store solarpower from summer to winter cheaper than batteries. Photoncycle, a startup from Norway, is tackling interseason storage of solarenergy, which could save the abundance of solarenergy generated in sunny months to be used for heat and electricity in the winter.
Global lithium-sulphur cathode technology manufacturer Theion has launched its crystal battery for all mobile applications. The new battery boasts triple energy density and 90% less production energy requirements. Sulphur is 99% cheaper to source and is used in existing state-of-the-art lithium-ion batteries.
AI to monitor bird interactions with solar PV, lithium iron phosphate battery production coming in Europe, a lithium mine for EV batteries and the energy infrastructure requirements in the Moon to Mars exploration are on the week’s technology radar. Lithium mine for EVs. AI for the birds.
This week’s edition of Smart Energy Finances sees a new study from BDEW and CapGemini detail how sustainable transformation and decarbonisation purchasing are more important than ever for Austrian and German utility Environmental, Social, and Governance (ESG) goals. ESG for utilities: decarbonisation on the up. Microgrid debt financing.
Enphase Energy has booked about 50 megawatt-hours of sales of its long-promised Encharge battery in North American markets since launching it in July, tapping a growing demand for energy storage from residential solar customers, and laying the groundwork for a more complete home backup power system set to arrive early next year.
In the midst of wildfires, energy security concerns and grid reliability questions, two smart home solutions are providing respective approaches towards adaptability and resilience through smart technology. EcoSmart Home, which is being rolled out in the UK by GoodWe, is touted as a complete green energy solution.
As I indicated in the previous article , BP has turned over publication of the annual Statistical Review of World Energy to the Energy Institute (EI). Overview The newest Review shows the world remains heavily reliant on fossil fuels for energy needs, even as renewables like solar and wind continue rapid growth.
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. Thanks for reading! Not a subscriber yet? 💼 Find or share roles on our job board here.
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. .
Key technologies include electrification, on-board batteries, solar panels, synthetic fuels, carbon capture and storage and possibly hydrogen. The case argues to convert Sleipnir into a ‘Solar-Synthetic’ vessel, combined with Carbon Capture and Storage (CCS) for remaining emissions. Why Do We Need Zero-Emission Vessels?
He formerly served as President Obama’s appointee to a US Federal Commission established to assess emerging energy-focused digital technologies. In the emerging energy marketplace, what’s the best role for non-utility market participants? electric vehicles), stationary energy storage and microgrids.
At a virtual event on Thursday afternoon, the president of Panasonic Industry Europe, Johannes Spatz, said fresh carbon footprint analysis had found that some 86 per cent of the firm's emissions in 2020 were the result of the transport and distribution of its goods to end consumers.
Protecting satellite imagery from fraud Satellite imagery is becoming increasingly important as a source of data for energy and water utilities, as for other sectors also. Such climates generally have abundant sun or wind and are thus ideally suited to renewable energy production. Have you read?
A trio of SMEs have joined forces to accelerate to market innovations in energy storage. AMTE Power, Brill Power and Starke Energy are collaborating at a commercial-scale testbed at Harwell Campus in Oxfordshire, England. First-time deployment. Emma Southwell-Sander. Network resilience.
The consultancy predicts that US and China will drive global growth in cumulative energy storage capacity, which should top 740GWh by the end of the decade. The firm's latest forecasts for the burgeoning sector released on Wednesday point to a 31 per cent compound annual growth rate in energy storage capacity in the 2020s.
The energy transition is demanding a range of new skills, some that can be gained from upskilling but others that must be attracted to the sector. When one thinks of professionals in the electricity sector one tends to think first of engineers as a key role, be they electrical or mechanical. Have you read?
What is NorthVolt’s strategy to create a European battery power basis? An interview with CEO Peter Carlsson, who urges Europe to quickly build on its own battery knowledge. It is hard to imagine that this place, a test site of 19,000 square meters, consisted mainly of forest two years ago. million jobs, vulnerable.
Machine learning based battery charging protocols, propane as an energy efficient and environmentally friendly coolant for space cooling, the remotely controlled Robobug and a new light on nano-level electrical circuitry, satellite observations for energy development in Africa and a zero emission luxury catamaran are on the technology radar.
The UK-India collaborative initiative Innovating for Transport and Energy Systems (ITES) has announced its first intake of 20 cohorts to drive transport decarbonisation through diverse cleantech innovations. The company has developed proprietary algorithms that optimise energy consumption, improving efficiency and productivity.
On offer were a raft of clean tech innovations, from the latest smart home gizmos through to the world's most powerful e-bikes and e-scooters. Bladder-power underwater energy storage.
A cutting-edge hydrogen fuel cell-based power plant recently switched on at a Japanese manufacturing plant could provide a decarbonisation template for other industrial sites to follow. The resulting power plant, which also includes a hydrogen storage tank, covers the entirety of the fuel cell factory's power needs.
Heating and cooling buildings accounts for about a third of the final energy consumption globally and 30% of energy-related CO 2 emissions. Celsius Energy aims to contribute to solving this energy dilemma by providing shallow geothermal heating and cooling systems, thus reducing the carbon footprint of buildings.
🔋 Lyten , a San Jose, CA-based producer of lithium-sulfur batteries, raised $200M in Series B funding from Prime Movers Lab, Stellantis, FedEx Corporation, Honeywell, and Walbridge Aldinger Company. 🌳 Treefera , a London, UK-based forest monitoring and data platform, raised $2M in Pre-Seed funding from Concept Ventures.
An historic climate summit in Nairobi last week underscored the need for drastic changes in climate finance and clean energy development. Africa is home to vast thermal, wind, solar, and hydro energy resources (some 60% of the world’s renewable energy potential ) as well as mineral deposits essential for the global energy transition.
In deals, $550m for sustainable data centers, $500m for electric vertical take-off and landing services, and $471m for EV manufacturing platforms. However, this incident may prompt the EPA to reconsider these delegations given concerns it does not have proper resources to monitor projects. Meeting
The electric competition is head and shoulders above the legacy automakers and scrappy startups racing to turn EV strategies into production and deliveries, and the trends of Tesla in the US and BYD in China illustrate some of the larger geopolitical tensions in the EV supply chain. sold in Europe during the first half of the year.
In deals, $59m for nuclear energy across two deals, $50m for Perovskite-silicon hybrid solar panels, and $30m for DAC. In other news, BP cancels green hydrogen projects, solar stocks plunge, and new grid transmission investments. Thanks for reading! Not a subscriber yet?
More than 20 leading investors, corporates, and governments already use the platform including the US Department of Energy, BHP, and Galvanize Climate. In deals, $91M for a vertically-integrated European heat pump platform, $50M for direct lithium extraction, and Volta Trucks goes bankrupt. Plus, the US funds $3.5B
The UK now has a Critical Minerals Strategy , a document which sets out a broad vision for securing a steady and secure supply of minerals and metals needed to build the technologies that form the bedrock of a net zero economy, from electric vehicles to wind turbines. Reuse, recycling and energy efficiency. Diversifying supply chains.
This week we look at what went wrong in Europe’s soon to be cautionary tale, from production issues to safety failures, and what it means for European batteries, cars, and climate investments. Europe fails to charge ahead. Thanks for reading! Also, we’re hosting a client webinar on December 5th on Trump 2.0,
The pledge also calls on international banks to include nuclear in energy lending policies to help finance project-killing infrastructure expenditures. Nuclear is having its moment in the sun. In the US , a 2023 Pew Research Center survey shows 57% of Americans favor nuclear power, a 14% increase over 2020.
Responsible for nearly a third of global warming and a quarter of global energy, methane matters. In deals this week $145m for lithium extraction, $52m for methane emissions detection, and $40m for sustainable aviation fuel. In January, Longpath secured a $189m conditional US Department of Energy loan guarantee.
In other news, what DeepSeek’s new model could do to power demand, banks leaving climate groups, and the USDA's new guidance for clean fuel credits. In deals, $70m for renewable energy management platforms across three deals, $30m for an agritech credit provider, and $16m for energy storage manufacturing.
We’ve just returned from Texas, where CERAWeek — the "Super Bowl of Energy" — brought together the biggest players in oil, gas, finance, and policy. In deals, $40m in specialty chemicals manufacturing, $28m in direct air carbon capture, and $28m in grid power storage. Full transcript here.)
This week, we’re giving you a breakdown of Carlyle's interesting "New Joule Order" report, which argues that energy security is now the driving factor in the energy transition, with major implications for investors and beyond. Energy security takes the lead. to your contacts. Thanks for reading!
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