Orangi Pilot Project

Inlyte Energy Raises $8M to Develop Grid Batteries Made of Iron and Salt

Retrieved on:

Thursday, October 26, 2023

Although solar and wind are now more economical energy sources than fossil fuels, the challenge of affordable energy storage remains a hurdle.

Key Points:

Although solar and wind are now more economical energy sources than fossil fuels, the challenge of affordable energy storage remains a hurdle.
An electrical grid powered by intermittent renewables like wind and solar requires massive investments in energy storage technologies.
Iron and salt batteries, unlike lithium-ion batteries, can also operate in extreme heat or cold, making them well suited for locations with increasingly high temperatures.
Inlyte's iron and salt batteries also have another significant advantage over other batteries: they are incredibly safe, with no risk of fire.

Norsk Hydro: Hydro Rein and Macquarie Asset Management become partners to develop more renewable energy for industries

Retrieved on:

Tuesday, October 24, 2023

Macquarie Asset Management has signed an agreement with Hydro relating to the future acquisition of 49.9 percent of Hydro’s renewable energy company Hydro Rein.

Key Points:

Macquarie Asset Management has signed an agreement with Hydro relating to the future acquisition of 49.9 percent of Hydro’s renewable energy company Hydro Rein.
Through the agreement, Hydro and Macquarie Asset Management will form a joint venture (JV) where Hydro will own the remaining 50.1 percent of the company.
Macquarie Asset Management intends to invest equity of USD 332 million to obtain a 49.9 percent ownership of Hydro Rein.
The transaction is a further demonstration of the successful and complementary partnership that Hydro Rein and Macquarie Asset Management have built over many years.

Eden Raises $12 Million Seed Round to Scale Next-Generation Geologic Reservoir Permeability Enhancement Technology

Retrieved on:

Tuesday, October 24, 2023

View the full release here: https://www.businesswire.com/news/home/20231024676971/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20231024676971/en/
Eden co-founders Ammar Alali and Paris Smalls (Photo: Business Wire)
Eden will use the seed funds to scale its Electrical Reservoir Stimulation (“ERS”) technology deployment across geothermal, geologic hydrogen, geologic carbon storage, and sustainable mining applications.
Reservoir stimulation has been identified as a key technology innovation area to facilitate the energy transition.
“At Eden, we create underground lightning strikes to vaporize rocks and enhance permeability in geologic reservoirs,” said Paris Smalls, CEO of Eden.
“The Eden team has the technology, the expertise, and the commitment to scale this technology across geologies.

Mojave Announces Plans to Manufacture in South Carolina

Retrieved on:

Wednesday, October 25, 2023

U.S. Department of Energy, Office of Inspector General, ASHRAE, Atmosphere, Air conditioning, Maintenance, Clean technology, Anderson, South Carolina, Proximity, Economic development, Employment, Primary energy, Heat, HVAC, U.S. Department of Defense Strategy for Operating in Cyberspace, Orangi Pilot Project, Heating, ventilation, and air conditioning, Renewable energy

ANDERSON, S.C., Oct. 25, 2023 /PRNewswire/ -- Today, Mojave Energy Systems, founded to change the nature of air conditioning, announced it will soon begin manufacturing its ArctiDry product in Anderson, South Carolina. Mojave's novel liquid desiccant technology uses half the energy and 20% less refrigerant than comparable incumbent HVAC products to provide buildings with fresh, cool, dry outdoor air.

Key Points:

ANDERSON, S.C., Oct. 25, 2023 /PRNewswire/ -- Today, Mojave Energy Systems , founded to change the nature of air conditioning, announced it will soon begin manufacturing its ArctiDry product in Anderson, South Carolina.
In September, Mojave won a competitive $2.6M grant from the U.S. Department of Energy to support manufacturing scale-up and initial pilot projects.
Mojave has selected Anderson, South Carolina as the location for these operations.
Mojave will invest more than $4M and create at least 200 high-paying, clean-energy manufacturing jobs over the next five years.

ZoomRx Launches the Ferma Engine: Revolutionizing Custom AI Solutions for Pharma & Biotech

Retrieved on:

Wednesday, October 18, 2023

Privacy, AI, Orangi Pilot Project, Associate, Medical device

This groundbreaking platform serves as both an incubator and innovation hub for pharma and biotech professionals to build their own generative AI solutions.

Key Points:

This groundbreaking platform serves as both an incubator and innovation hub for pharma and biotech professionals to build their own generative AI solutions.
At its core, the Ferma Engine is a testament to ZoomRx's commitment to pushing the boundaries of what AI can achieve in the life sciences realm.
"The Ferma Engine is more than just a product; it's a paradigm shift," stated Vivekanandan Mathivanan, an Associate Director at ZoomRx and the visionary behind the Ferma Engine.
"We're inviting the entire pharma community to co-create the future of AI in our industry," remarked Andrew Yukawa, Product Manager of the Ferma Engine.

Mike Warren joins HNTB as a national practice consultant focused on road usage charging and emerging mobility solutions

Retrieved on:

Monday, October 23, 2023

ITS, Renewable energy, Project Management Professional, HNTB, PE, RUC, Regis University, Orangi Pilot Project, Management

ARLINGTON, Va., Oct. 23, 2023 /PRNewswire/ -- Mike Warren, joins HNTB Corporation, a leading infrastructure solutions firm, as a national practice consultant and vice president, bringing more than 24 years of experience in emerging mobility, connected and automated vehicles, smart infrastructure and innovative funding.

Key Points:

ARLINGTON, Va., Oct. 23, 2023 /PRNewswire/ -- Mike Warren , joins HNTB Corporation , a leading infrastructure solutions firm, as a national practice consultant and vice president, bringing more than 24 years of experience in emerging mobility, connected and automated vehicles, smart infrastructure and innovative funding.
"Mike is a renowned industry leader in the emerging mobility sector, and we are delighted to welcome him to our team," said Bryan Jones , HNTB Mid-Atlantic division president and senior vice president.
"His extensive experience in developing and implementing road usage charging (RUC) concepts, combined with his overall innovative delivery expertise, will be a substantial asset to our valued clients."
Warren most recently served as a senior vice president and managing director of emerging mobility strategies for another consulting firm.

IDTechEx Asks if Outdoor Autonomous Mobile Robots (AMRs) Are the Next Driver for Mobile Robotics Market

Retrieved on:

Friday, October 20, 2023

IDTechEx forecasts a 250-fold increase in annual revenue from autonomous delivery vans alone, soaring high from 2023 to 2044, representing a significant potential market.

Key Points:

IDTechEx forecasts a 250-fold increase in annual revenue from autonomous delivery vans alone, soaring high from 2023 to 2044, representing a significant potential market.
There has been a significant increase in investments in outdoor autonomous delivery robots such as delivery vans, sidewalk robots, and drones.
IDTechEx's latest industry report, " Mobile Robotics in Logistics, Warehousing and Delivery 2024-2044 ", introduces pilot projects and cities that are united to offer last-mile outdoor autonomous delivery services.
To find out more about IDTechEx's technical and commercial analysis of mobile robotics in the logistics industry, please see their market research report, " Mobile Robotics in Logistics, Warehousing and Delivery 2024-2044 ".

IDTechEx Asks if Outdoor Autonomous Mobile Robots (AMRs) Are the Next Driver for Mobile Robotics Market

Retrieved on:

Friday, October 20, 2023

IDTechEx forecasts a 250-fold increase in annual revenue from autonomous delivery vans alone, soaring high from 2023 to 2044, representing a significant potential market.

Key Points:

IDTechEx forecasts a 250-fold increase in annual revenue from autonomous delivery vans alone, soaring high from 2023 to 2044, representing a significant potential market.
There has been a significant increase in investments in outdoor autonomous delivery robots such as delivery vans, sidewalk robots, and drones.
IDTechEx's latest industry report, " Mobile Robotics in Logistics, Warehousing and Delivery 2024-2044 ", introduces pilot projects and cities that are united to offer last-mile outdoor autonomous delivery services.
To find out more about IDTechEx's technical and commercial analysis of mobile robotics in the logistics industry, please see their market research report, " Mobile Robotics in Logistics, Warehousing and Delivery 2024-2044 ".

BigRio Launches GenAI Innovation Hub For Custom LLM Applications

Retrieved on:

Thursday, October 19, 2023

CAMBRIDGE, Mass., Oct. 19, 2023 /PRNewswire-PRWeb/ -- Cambridge-based digital technology consulting firm BigRio is thrilled to announce that it has launched a Generative AI (GAI) Innovation Hub in the US and India. This state-of-the-art hub will revolutionize the landscape of artificial intelligence (AI) based innovation in technological solutions.

Key Points:

This state-of-the-art hub will revolutionize the landscape of artificial intelligence (AI) based innovation in technological solutions.
Our GAI Innovation Hub will be focused on building teams that can demonstrate what GAI is, what it can do, and how it might enable new business models and strategies.
Mahajan says BigRio intends to do this by providing unique talent from India that can be nurtured across various GAI and LLM applications.
Companies looking to incorporate GAI into their business models and who wish to benefit from the vast resources of the new GAI Innovation Hub are encouraged to contact BigRio.

B1 leads round of financing in Chintai to accelerate growth in real world asset tokenization

Retrieved on:

Tuesday, October 17, 2023

Orangi Pilot Project, News, Software as a service, Monetary Authority of Singapore, B1, Carbon, Life, Money, Blockchain, Cryptocurrency

SINGAPORE, Oct. 17, 2023 /PRNewswire/ -- Chintai, a Singapore based SaaS company that modernizes capital markets infrastructure with blockchain technology, announced today that B1 has led its most recent financing round to propel company growth as it launches its core regulated platform. This news comes immediately after Chintai launched three pilot projects at an industry event in Singapore, which demonstrated the advantages of tokenization for carbon credits and commercial real estate in Southeast Asia.

Key Points:

SINGAPORE, Oct. 17, 2023 /PRNewswire/ -- Chintai, a Singapore based SaaS company that modernizes capital markets infrastructure with blockchain technology, announced today that B1 has led its most recent financing round to propel company growth as it launches its core regulated platform.
This news comes immediately after Chintai launched three pilot projects at an industry event in Singapore, which demonstrated the advantages of tokenization for carbon credits and commercial real estate in Southeast Asia.
David Packham, Chintai founder and CEO added, "B1 has supported us every step of the way to build a unique and powerful technology stack for regulated real world digital assets.
Our clients can now create disruptive business opportunities with our technology, increase operational efficiency, and access new avenues of fundraising."