Green Technology

Wisconsin Battery Company Announces $5 Million Investment

Retrieved on: 
Thursday, May 9, 2024
Green Technology, Manufacturing, Environment, Batteries, Research, Socially Responsible Investing, Environmental, Social and Governance (ESG), Professional Services, Science, Technology, Other Energy, Alternative Energy, Natural Resources, Energy, Other Manufacturing, University, Hemp, Education, Agriculture, Investment, IPS, Partnership, Transport, Carbon, ESG, Renewable energy

Wisconsin Battery Company (WinBat™) has received an investment of $5 million from Infinite Power Systems (IPS), a private equity fund.

Key Points: 
  • Wisconsin Battery Company (WinBat™) has received an investment of $5 million from Infinite Power Systems (IPS), a private equity fund.
  • With this investment, 87.5% of WinBat’s seed round has been funded.
  • The company said it will use the funds for development of prototypes for its hemp carbon battery, produced in collaboration with the University of Wisconsin-Milwaukee, and for construction and buildout of its new manufacturing facility in Portage.
  • Created to develop and deploy ESG solutions, South-Africa-based IPS scouts technologies and resources that can advance sustainable solutions in agriculture, transportation, energy and other critical sectors.

ComEd Adds First All-Electric Bucket Trucks to Its Growing Fleet of Electric Vehicles

Retrieved on: 
Wednesday, May 8, 2024
EV, Electric Vehicles, Automotive, Trucking, Transport, Utilities, Green Technology, Alternative Energy, Environment, Energy, Fleet Management, Sustainability, Education, Climate change, EXC, EVS, Level 2, Air pollution, Exelon, Commonwealth, Electricity, Business, Commonwealth Edison, Renewable energy

As part of its continued commitment to accelerate the electrification of transportation , ComEd today announced the addition of two new, all-electric bucket trucks to its fleet.

Key Points: 
  • As part of its continued commitment to accelerate the electrification of transportation , ComEd today announced the addition of two new, all-electric bucket trucks to its fleet.
  • A selection of ComEd’s electric fleet, including one of the new fully-electric bucket trucks, will debut at the Illinois Green Drives event on Thursday, May 9, 2024.
  • ComEd’s fleet electrification is part of an Exelon-wide climate initiative, Path to Clean , ComEd is on track to convert 50 percent of its vehicle fleet to electric by 2030.
  • ComEd has begun piloting new all-electric fleet trucks, and has a mix of nearly 1,000 all-electric, plug-in hybrid, or idle-mitigation vehicles in the queue.

Silicate Named as Finalist in the XPRIZE Carbon Removal Competition

Retrieved on: 
Wednesday, May 8, 2024
Environment, Climate Change, Environmental Health, Sustainability, Manufacturing, Green Technology, Mining, Minerals, Machine Tools, Metalworking & Metallurgy, Agriculture, Natural Resources, Carbon, Climate change, Elon Musk, Atmosphere, Mineral, Research, Farmer, Human, Soil, University College Dublin, Liu, Renewable energy

Silicate , a terrestrial enhanced weathering company headquartered in Dublin, Ireland, today announced that it has been named as one of 20 finalists in the XPRIZE Carbon Removal competition.

Key Points: 
  • Silicate , a terrestrial enhanced weathering company headquartered in Dublin, Ireland, today announced that it has been named as one of 20 finalists in the XPRIZE Carbon Removal competition.
  • Silicate’s carbon dioxide removal approach leverages existing agricultural value chains to durably sequester atmospheric carbon dioxide as dissolved bicarbonate by enhancing a natural and permanent carbon removal pathway – weathering.
  • The top 20 finalists were evaluated and selected by the XPRIZE Carbon Removal team and a group of qualified judges to move forward into the final stage of the competition.
  • XPRIZE Carbon Removal is funded by the Musk Foundation, and is aimed at tackling the biggest threat facing humanity - fighting climate change and rebalancing Earth’s carbon cycle.

Soluna Launches New AI Cloud Service in Collaboration with Leading High Performance Computing Company

Retrieved on: 
Wednesday, May 8, 2024
Green Technology, Security, Environment, Artificial Intelligence, Sustainability, Software, Networks, Internet, Hardware, Electronic Design Automation, Professional Services, Data Management, Technology, Other Energy, Utilities, Cryptocurrency, Alternative Energy, Energy, Apps, Applications, Bitcoin, Cloud, AI, H100, Helix, Security (finance), OEM, Artificial intelligence, Thony Belizaire, NVIDIA, Generative, Renewable energy, Strategy, Annual report, Partnership, Video game

As part of the collaboration, Soluna will work with the Strategic Partner to deliver powerful, energy-efficient supercomputers for large-scale AI projects.

Key Points: 
  • As part of the collaboration, Soluna will work with the Strategic Partner to deliver powerful, energy-efficient supercomputers for large-scale AI projects.
  • Soluna Cloud will begin offering its services by leveraging the Strategic Partner’s renewable- powered high performance data centers.
  • John Belizaire, CEO of Soluna, expressed his excitement about teaming up with a leading global enterprise computing company, stating, “We are honored to enter this collaboration to launch Soluna Cloud.
  • With a growing pipeline of AI Customers interested in its AI Cloud, Soluna anticipates significant growth opportunities in the coming months.

Tetra Tech Advances Its Digital Water and Energy Practices with the Acquisition of Convergence Controls & Engineering

Retrieved on: 
Thursday, May 9, 2024
Technology, Professional Services, Other Natural Resources, Data Analytics, Other Construction & Property, Natural Resources, Other Energy, Construction & Property, Engineering, Security, Energy, Green Technology, Manufacturing, Software, Internet, Environment, Consulting, Tetra, Convergence, Water, Consultant, Entrepreneurship, Automation, Tetra Tech, Acquisition, Cryptocurrency

Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that it has expanded its digital water and energy practices with the acquisition of Convergence Controls & Engineering, an industry leader in process automation and systems integration solutions.

Key Points: 
  • Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that it has expanded its digital water and energy practices with the acquisition of Convergence Controls & Engineering, an industry leader in process automation and systems integration solutions.
  • Convergence’s expertise includes customized digital controls and software solutions, advanced data analytics, cloud data integration, and cybersecurity applications.
  • “Tetra Tech’s Leading with Science® approach combines our domain expertise with our suite of Tetra Tech Delta technologies to provide integrated automation platforms that enable real-time data visualization, data analytics, and decision support for our clients,” said Dan Batrack, Tetra Tech Chairman and CEO.
  • “The addition of Convergence further expands our talented team of high-end engineers, software developers, and digital transformation consultants who serve our water and energy clients.”
    Sandy Crow, Convergence CEO and Co-Founder, said, “We are excited to join Tetra Tech to offer our clients a complete portfolio of innovative, data-informed solutions.

SorbiForce Secures $340K from 537 Investors Across 38 Countries in Successful Republic Crowdfunding Campaign

Retrieved on: 
Wednesday, May 8, 2024
Urban Planning, Technology, Construction & Property, Batteries, Other Energy, Utilities, Green Technology, Alternative Energy, Environment, Energy, Sustainability, Fire, Explosion, Water, Safety, Renewable energy

SorbiForce, a leading innovator in sustainable battery technology based in Arizona, has announced the successful closure of its crowdfunding campaign on Republic, raising an impressive $340,000 from 537 investors across 38 countries.

Key Points: 
  • SorbiForce, a leading innovator in sustainable battery technology based in Arizona, has announced the successful closure of its crowdfunding campaign on Republic, raising an impressive $340,000 from 537 investors across 38 countries.
  • "We are thrilled by the overwhelming support and enthusiasm we've received from a global community of investors throughout our Republic crowdfunding campaign," said Serhii Kaminskyi, Founder and CEO of SorbiForce.
  • "This successful fundraising round not only validates the potential of our innovative technology but also underscores the urgent need for sustainable energy solutions.
  • SorbiForce extends its heartfelt gratitude to all the investors, supporters, and contributors who participated in the Republic crowdfunding campaign and shared its vision for a cleaner, greener energy landscape.

Origin Materials Introduces World’s First Tethered PET Beverage Cap for Improved Recycling Circularity

Retrieved on: 
Tuesday, May 7, 2024
Sustainability, Environment, Other Manufacturing, Packaging, Recycling, Chemicals, Plastics, Green Technology, Manufacturing, PET, PCO, Carbon, HDPE, RPET, CSD

Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced another innovation in its PET caps and closures portfolio: the world’s first tethered PET cap.

Key Points: 
  • Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced another innovation in its PET caps and closures portfolio: the world’s first tethered PET cap.
  • “Tethered caps are designed to stay connected to the container and thereby improve cap collection rates for recycling.
  • Our PCO 1881-compatible cap is the first of its kind ever to be commercially produced with 100% PET.
  • Origin PET caps, including our tethered cap, may be produced with any kind of PET material, whether it’s virgin PET, recycled PET (rPET), or bio-based PET.

Cemvita Achieves Breakthrough in SAF Feedstock Production

Retrieved on: 
Tuesday, May 7, 2024
Oil, Gas, Sustainability, Environment, Alternative Energy, Energy, Environmental Issues, Climate Change, Green Technology, Palm oil, Cosmetics, Research, Carbon, Food, Multimedia, Natural Resources, SAF, Biotechnology, Aviation

This landmark achievement marks a pivotal step forward in the production of low-carbon intensity feedstocks for HEFA sustainable aviation fuel (SAF), representing a significant opportunity to reduce carbon emissions and combat climate change.

Key Points: 
  • This landmark achievement marks a pivotal step forward in the production of low-carbon intensity feedstocks for HEFA sustainable aviation fuel (SAF), representing a significant opportunity to reduce carbon emissions and combat climate change.
  • View the full release here: https://www.businesswire.com/news/home/20240507837388/en/
    Cemvita achieves breakthrough in SAF feedstock production enabling large-scale production of sustainable oil.
  • Such an achievement opens up new avenues for sustainable fuel feedstock production.
  • With its recent breakthrough, Cemvita solidifies its role at the forefront of commercializing biosolutions that enable an accelerated energy transition.

Energy Vault Announces Successful Testing and Commissioning of First EVx 100 MWh Gravity Energy Storage System by China Tianying, Extension of Atlas Renewable Licensing Agreement to 15 Years

Retrieved on: 
Tuesday, May 7, 2024
Other Energy, Utilities, Environment, Sustainability, Alternative Energy, Green Technology, Energy, Overhead power line, Aircraft, Atlas, GESS, Partnership, Carbon, Kilowatt-hour, NEA, Rudong County, Classification, Multimedia, Energy Vault, Renewable energy

Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions, today announced the successful testing and commissioning of the Rudong EVx™ gravity energy storage system (GESS) by China Tianying Co., Ltd (CNTY).

Key Points: 
  • Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions, today announced the successful testing and commissioning of the Rudong EVx™ gravity energy storage system (GESS) by China Tianying Co., Ltd (CNTY).
  • Testing included the successful charging and discharging of units of the 25 MW/100 MWh GESS invested in and built by CNTY in partnership with Energy Vault and Atlas Renewable.
  • View the full release here: https://www.businesswire.com/news/home/20240507725790/en/
    The first set of charging and discharging units of the Rudong 100MWh gravity energy storage project was successfully tested.
  • “This testing demonstrates that gravity energy storage technology promises to play a key role in supporting the energy transition and decarbonization goals of China, the world’s largest energy storage market.

Mohammed bin Rashid Al Maktoum Global Water Award extends application deadline until end of May

Retrieved on: 
Tuesday, May 7, 2024
Environment, Climate Change, Environmental Issues, Environmental Health, Utilities, Sustainability, Philanthropy, Green Technology, Energy, Foundation, USD, Fresh water, Award, Sanitation, Research, Water, Wind, Biomass, Society, Muhammad, Multimedia, Renewable energy

The UAE Water Aid Foundation (Suqia UAE), under the umbrella of the Mohammed bin Rashid Al Maktoum Global Initiatives, has extended application deadline for the 4th cycle of the Mohammed bin Rashid Al Maktoum Global Water Award, with total prizes of USD 1 million.

Key Points: 
  • The UAE Water Aid Foundation (Suqia UAE), under the umbrella of the Mohammed bin Rashid Al Maktoum Global Initiatives, has extended application deadline for the 4th cycle of the Mohammed bin Rashid Al Maktoum Global Water Award, with total prizes of USD 1 million.
  • View the full release here: https://www.businesswire.com/news/home/20240507709620/en/
    Mohammed bin Rashid Al Maktoum Global Water Award extends application deadline until end of May (Graphic: AETOSWire)
    This award reflects the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to address the challenges of water scarcity.
  • Over the past three cycles of the Mohammed bin Rashid Al Maktoum Global Water Award, we rewarded 31 winners from 22 countries.
  • The award has four main categories: the Innovative Projects Award, which includes the Large Projects Award and the Small Projects Award; the Innovative Research and Development Award, which includes the National Institutions Award and the International Institutions Award; the Innovative Individual Award, which includes the Distinguished Research Award and the Youth Award; and the Innovative Crisis Solutions Award.