Octopus Energy

Cultivo raises $14 million in Series A funding led by MassMutual Ventures and Octopus Energy Generation

Retrieved on: 
Tuesday, January 30, 2024

Cultivo , a public benefit corporation, today announced it has raised $14 million in Series A funding to accelerate its mission to unlock investment into regenerating nature at scale through high-quality projects.

Key Points: 
  • Cultivo , a public benefit corporation, today announced it has raised $14 million in Series A funding to accelerate its mission to unlock investment into regenerating nature at scale through high-quality projects.
  • View the full release here: https://www.businesswire.com/news/home/20240129031044/en/
    Cultivo project in Sierra del Carmen, in the state of Coahuila, Mexico (Photo: Business Wire)
    The funding round co-led by MassMutual Ventures and Octopus Energy Generation, with participation from Salkantay Ventures and Peña Verde, will speed up the business’ growth and brings Cultivo’s total funding to over $20 million.
  • The growth in Cultivo’s pipeline has been driven by financial institutions and companies turning to Cultivo to originate their own high-quality natural capital projects.
  • We’re deeply honored to have MassMutual Ventures and Octopus Energy Generation join us on our mission to regenerate nature at scale.”
    As part of this news, Cultivo has also signed an agreement with Octopus Energy Generation for them to deploy up to $40 million into natural capital projects across North America, Europe and Australasia.

Italy Compact Construction Equipment Market Assessment 2023-2029: Caterpillar, Volvo CE, Komatsu, JCB, CNH Industrial, SANY, and Hitachi Lead with Strong Market Share and Diverse Equipment Offers

Retrieved on: 
Tuesday, January 9, 2024

The Italy compact construction equipment market is expected to grow at a CAGR of 4.89% from 2022 to 2029.

Key Points: 
  • The Italy compact construction equipment market is expected to grow at a CAGR of 4.89% from 2022 to 2029.
  • In addition, the growth in renovation and road construction projects is expected to drive the demand for compact earthmoving equipment in the Italy compact construction equipment market.
  • Caterpillar, Volvo CE, Komatsu, JCB, CNH Industrial, SANY, and Hitachi Construction Machinery are front runners in the Italy compact construction equipment market.
  • Compact forklifts accounted for the Italy compact construction equipment market's largest market in 2022.

Kraken acquires Sennen to improve renewable asset management capabilities

Retrieved on: 
Wednesday, December 20, 2023

Its tech platform, Kraken, connects up all parts of the energy system, from customer billing to flexible management of renewable generation and energy devices.

Key Points: 
  • Its tech platform, Kraken, connects up all parts of the energy system, from customer billing to flexible management of renewable generation and energy devices.
  • The Sennen software uses the latest cloud technology to streamline oversight, maintenance and daily operation of renewable energy projects.
  • Joining forces with Sennen will enhance Kraken’s asset management offering, allowing it to develop more innovative products and services.
  • Players in asset management have traditionally relied on legacy systems, lacking the bleeding-edge tech that modern renewable energy operations demand.

$800m investment to accelerate Octopus Energy’s global clean energy growth

Retrieved on: 
Monday, December 18, 2023

Octopus Energy Group, the UK’s largest power supplier* and the owner of the Kraken technology platform, announces $800m (£625m) additional investment from its existing shareholders.

Key Points: 
  • Octopus Energy Group, the UK’s largest power supplier* and the owner of the Kraken technology platform, announces $800m (£625m) additional investment from its existing shareholders.
  • Recommended” an unprecedented 6 years in a row and according to consultants Bain**, Octopus Energy is rated 44 points higher than the next best company.
  • Through our partnership with Octopus Energy, we aim to provide our customers with services using the latest technology and clean energy.
  • Octopus Energy Group’s Kraken technology platform has seen astounding success, from 17 million accounts two years ago, to over 52 million today.

TAQA and Octopus Energy Group’s Kraken team up to drive decarbonization in the Middle East and Eurasia

Retrieved on: 
Wednesday, December 6, 2023

Its Kraken platform connects all parts of the energy system, from customer billing to flexible management of renewable generation and energy devices.

Key Points: 
  • Its Kraken platform connects all parts of the energy system, from customer billing to flexible management of renewable generation and energy devices.
  • The Kraken platform empowers energy companies to build and deploy green energy products and to handle customer requests more swiftly and holistically.
  • Greg Jackson, Founder of Octopus Energy Group, comments: “At Octopus, we believe in the power of collaboration to turbocharge the energy revolution through innovation and technology.
  • The platform has enabled Octopus Energy to top customer service tables since its inception, as the only energy company to receive “Which?

Energy Tech Giant Kraken Demonstrates Unstoppable Momentum in the Energy Industry

Retrieved on: 
Thursday, September 28, 2023

Kraken , the only proven, end-to-end platform for future energy, demonstrates continued progress in establishing itself as the leading global operating system.

Key Points: 
  • Kraken , the only proven, end-to-end platform for future energy, demonstrates continued progress in establishing itself as the leading global operating system.
  • With advanced data and machine learning, Kraken offers utilities, suppliers and traders full management of the entire energy supply chain.
  • Devrim Celal, CEO of Kraken, Flexibility & Optimization, commented: “Our unwavering commitment is to bring cheaper, greener energy to all by providing transparency into energy usage among utilities, their customers, and distributed energy sources.
  • Maria Benintende, Industry Director, Energy & Environment Frost & Sullivan, commented: “In today’s era marked by an intensified focus on mitigating the climate crisis, energy is the world’s most dynamic industry in need of change.

Wallbox Becomes Signatory to U.S. Department of Energy’s Vehicle to Everything Memorandum of Understanding, Joins Industry Push for V2X Technology Integration

Retrieved on: 
Thursday, July 13, 2023

The MOU will also advance cybersecurity as a core component of V2X charging infrastructure.

Key Points: 
  • The MOU will also advance cybersecurity as a core component of V2X charging infrastructure.
  • "As a global leader in bidirectional EV charging, Wallbox is proud to join the U.S. Department of Energy 's V2X collaborative alongside industry leaders to help accelerate development and deployment of the technology,” said Enric Asunción, CEO of Wallbox.
  • Wallbox has a track record of leadership in V2X and bidirectional charging.
  • Wallbox has been recognised for its innovations in the area by the likes of TIME Magazine, Fast Company, TechCrunch and Reuters.

Flex Appeal: Octopus Energy’s New Demand Response Plan Is Huge Hit

Retrieved on: 
Wednesday, July 12, 2023

‘Intelligent Octopus’ automates energy use and rewards customers for using power when grid demand is low.

Key Points: 
  • ‘Intelligent Octopus’ automates energy use and rewards customers for using power when grid demand is low.
  • It proved such a hit that Octopus had an unprecedented number of sign ups.
  • On average, customers pay about $10 a month to charge their EV with Intelligent Octopus.
  • Customers who switch to Intelligent Octopus download an app, sign into it and then integrate their smart device.

Zinc secures a £5 million series A to revolutionise background checks

Retrieved on: 
Tuesday, July 4, 2023

Zinc, a leading provider of automated global background checks, is transforming the digital work identity landscape with an innovative approach to background screening.

Key Points: 
  • Zinc, a leading provider of automated global background checks, is transforming the digital work identity landscape with an innovative approach to background screening.
  • Since Zinc support's many routes to proving right to work, this check enhances recruitment capabilities and promotes diversity across workplaces worldwide.
  • Zinc delivers exceptional candidate and employer experiences with fast, reliable checks completed in days, not weeks.
  • Zinc paves the way for reusable work identity data with a pioneering formula that sets efficiency and sustainability benchmarks.

COP28 President-Designate calls for holistic ecosystem to drive climate action during London Climate Action Week

Retrieved on: 
Thursday, June 29, 2023

LONDON, June 29, 2023 /PRNewswire/ -- During London Climate Action Week 2023, COP28 President-Designate, Dr. Sultan Al Jaber, traveled to London to collaborate with British stakeholders to develop holistic ecosystems that connect policy, technology, finance, and people. During his visit, he collaborated with the UK Government on polices which enable greater climate investments, he galvanized investors to fund climate technology, and he consulted with youth climate advocates to help shape the COP28 agenda.

Key Points: 
  • Dr. Sultan Al Jaber, COP28 President-Designate, meets with His Majesty King Charles III, UK Government ministers, industry leaders across tech and finance, and university students during London Climate Action Week 2023.
  • Dr. Sultan Al Jaber renews his call for world leaders to start delivering on climate finance reform and accelerate technology development ahead of COP28.
  • Climate finance is nowhere near available enough, accessible enough and affordable enough – especially for countries in the Global South".
  • LONDON, June 29, 2023 /PRNewswire/ -- During London Climate Action Week 2023, COP28 President-Designate, Dr. Sultan Al Jaber, traveled to London to collaborate with British stakeholders to develop holistic ecosystems that connect policy, technology, finance, and people.