Green Technology

Torus Secures $67 Million in Venture Financing to Advance Energy Storage and Energy Management Platform

Retrieved on: 
Wednesday, April 3, 2024
Hardware, Alternative Energy, Data Management, Green Technology, Energy, Manufacturing, Technology, Professional Services, Batteries, Environment, Other Manufacturing, Software, Other Energy, Data Analytics, Utilities, Engineering, EV, Temperature, PacifiCorp, Growth, Customer experience, Virtual power plant, Zions Bancorporation, Energy management, Energy storage, ICONIQ, Digital native, CPU, Renewable energy

Torus is a modern global energy solutions company that designs, engineers, and manufactures energy storage and management products for the residential, commercial, and large-scale utility sectors.

Key Points: 
  • Torus is a modern global energy solutions company that designs, engineers, and manufactures energy storage and management products for the residential, commercial, and large-scale utility sectors.
  • This progress marks a major step towards a future where renewable energy storage and management is accessible for all."
  • Energy Management: Torus provides an advanced energy storage and management system designed, engineered, and manufactured in Utah.
  • Torus is a Utah-based energy solutions company, focused on making renewable energy storage and management more efficient, affordable, and sustainable.

U. S. Steel and CarbonFree Sign Definitive Agreement to Capture Carbon Dioxide Emissions at One of the Largest North American Integrated Steel Mills

Retrieved on: 
Wednesday, April 3, 2024
Chemicals, Plastics, Environment, Manufacturing, Sustainability, Green Technology, Steel, Atmosphere, U.S. Steel, Paint, Carbon accounting, Partnership, Calcium carbonate, History, Carbon footprint, Transport, Carbon, Senior, Plastic, Fluor Corporation, Multimedia, Skycycle, Gary Works, Paper, Boilermaker

United States Steel Corporation (U. S. Steel) (NYSE: X) and CarbonFree , a leader in carbon capture technology, today announced the signing of a definitive agreement to capture carbon emissions generated from U. S. Steel’s Gary Works Blast Furnaces in a first-of-its-kind project.

Key Points: 
  • United States Steel Corporation (U. S. Steel) (NYSE: X) and CarbonFree , a leader in carbon capture technology, today announced the signing of a definitive agreement to capture carbon emissions generated from U. S. Steel’s Gary Works Blast Furnaces in a first-of-its-kind project.
  • Photo Credit: Fluor Corporation
    U. S. Steel’s involvement aligns with its goal of reducing greenhouse gas emissions intensity 20% by 2030 and achieving net-zero emissions by 2050.
  • In addition, the initial SkyCycle project responds to the increasing demand for low emissions products, such as verdeX™ advanced sustainable steel, from customers.
  • “At CarbonFree, we are pioneering profitable carbon capture utilization through disruptive specialty chemical manufacturing using waste carbon dioxide as a primary feedstock.

Soluna Appoints John Tunison as Chief Financial Officer

Retrieved on: 
Wednesday, April 3, 2024
Software, Accounting, Other Energy, Professional Services, Internet, Data Management, Alternative Energy, Energy, Technology, Artificial Intelligence, Environment, Green Technology, Finance, Bitcoin, United, CFO, University, AI, Verdant, United States Navy, Power, Political science, Shell USA, Management

Soluna Holdings, Inc. (“SHI”, “Soluna” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced the appointment of John Tunison as Chief Financial Officer (CFO).

Key Points: 
  • Soluna Holdings, Inc. (“SHI”, “Soluna” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced the appointment of John Tunison as Chief Financial Officer (CFO).
  • Tunison possesses extensive expertise spanning over 25 years in managing finance operations and facilitating capital formation for companies operating within the global energy markets.
  • John Belizaire, CEO of Soluna Holdings commented, “We are thrilled to welcome John to our team as Chief Financial Officer.
  • Commenting on his appointment, Tunison said, “I am excited to join Soluna at this pivotal moment in its growth trajectory.

H2O Innovation Awarded Eight New Water Treatment Projects, Including its Largest One to Date for the Los Angeles Sanitation and Environment

Retrieved on: 
Wednesday, April 3, 2024
Environment, Engineering, Utilities, Manufacturing, Sustainability, Green Technology, Energy, Other Natural Resources, Natural Resources, Ultrafiltration, Yellowstone River, UF, Demographics of Los Angeles, Corporation, City, Water, WTS, Seawater, MBR, Multimedia, Drinking water, Sewage treatment

H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is pleased to announce that its Water Technologies and Services (WTS) business line obtained eight new water treatment contracts over the past few months.

Key Points: 
  • H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is pleased to announce that its Water Technologies and Services (WTS) business line obtained eight new water treatment contracts over the past few months.
  • View the full release here: https://www.businesswire.com/news/home/20240403411653/en/
    The most significant of these new contracts is for the largest water reuse project in H2O Innovation’s history: Donald C. Tillman Advanced Water Purification Facility (AWPF).
  • This treatment system will apply ultrafiltration (UF) and reverse osmosis (RO) to provide reuse water for the City of Los Angeles, California.
  • A second major contract was executed with the City of Billings for their drinking water treatment plant in Montana.

Nadav Eiron Joins Crusoe as Senior Vice President of Cloud Engineering

Retrieved on: 
Wednesday, April 3, 2024
Hardware, Data Management, Green Technology, Technology, Carriers and Services, Apps, Applications, Environmental Policy, Environment, Environmental Issues, Environmental Health, Artificial Intelligence, Other Technology, Telecommunications, Software, Networks, Internet, Eiron, Growth, Intelligence, HPC, Artificial intelligence, AI, IBM, Senior, Thought, Architecture, Software engineering, Cloud engineering, Multimedia, Video game

Crusoe Energy Systems LLC (“Crusoe”) announced today that Nadav Eiron has joined the company as a Senior Vice President to lead the Cloud Engineering team in Crusoe’s San Francisco office.

Key Points: 
  • Crusoe Energy Systems LLC (“Crusoe”) announced today that Nadav Eiron has joined the company as a Senior Vice President to lead the Cloud Engineering team in Crusoe’s San Francisco office.
  • Eiron will lead Crusoe’s efforts to scale its Cloud platform, purpose-built for artificial intelligence and high-performance computing workloads.
  • With decades of experience at Google and IBM, Eiron will keep Crusoe at the forefront of architecture and usability innovation across cloud infrastructure, artificial intelligence, and team leadership.
  • As Crusoe’s Senior Vice President for Software Engineering, Eiron will have broad impact over Crusoe Cloud’s architecture, design, software and infrastructure engineering and installation as the platform continues to scale.

EVgo Welcomes Scott Griffith to Board of Directors

Retrieved on: 
Thursday, April 4, 2024
Environment, EV, Electric Vehicles, Alternative Vehicles, Fuels, Automotive, Technology, Green Technology, Vehicle Technology, Other Technology, Hughes Electronics, Innovation, Growth, EVS, Business, Advisory Council, EVgo, Entrepreneurship, Boeing, Electronics, Ford Motor Company, Sale, Artificial intelligence, AI, On2 Technologies, EY-Parthenon, Audit committee, MBA, University of Chicago, University, Build automation, Investment, Engineering, Carnegie Mellon University, Machine learning, Multimedia, Level 4, Compensated emancipation

EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced Scott Griffith has joined the EVgo Board of Directors (the “Board”), serving on the Nominating and Governance Committee, as well as the Audit Committee and Compensation Committee.

Key Points: 
  • EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced Scott Griffith has joined the EVgo Board of Directors (the “Board”), serving on the Nominating and Governance Committee, as well as the Audit Committee and Compensation Committee.
  • View the full release here: https://www.businesswire.com/news/home/20240403143172/en/
    Mr. Griffith joins EVgo’s Board with extensive experience in the mobility and automotive industry.
  • Mr. Griffith also has prior experience as an Executive in Residence at General Catalyst Partners, a venture and growth capital firm.
  • Mr. Griffith holds a BS in engineering from Carnegie Mellon University and an MBA from The University of Chicago Booth School of Business.

Ellie McDonald and Jeannine Sargent Join G2 Venture Partners

Retrieved on: 
Wednesday, April 3, 2024
Environment, Climate Change, Finance, Professional Services, Business, Sustainability, Alternative Energy, Green Technology, Start-Up, Energy, Research, Flex, TEL Solar, Fortive, Growth, Princeton University, Synopsys, MIT, University, Harvard University, Climate, Operations research, Stanford University, MSIP, Investment, Chemical engineering, G2, Engineering, Power, Barclays, Renewable energy

G2 Venture Partners , a venture capital firm investing in transformative technology companies at their inflection points to build a sustainable future, today announced that Ellie McDonald and Jeannine Sargent have joined the firm.

Key Points: 
  • G2 Venture Partners , a venture capital firm investing in transformative technology companies at their inflection points to build a sustainable future, today announced that Ellie McDonald and Jeannine Sargent have joined the firm.
  • Ellie McDonald joins G2 Venture Partners as an Investor, having spent the past seven years working across investment and engineering disciplines.
  • Prior to joining G2, Ellie was a Private Equity Associate at Morgan Stanley Infrastructure Partners (MSIP), primarily investing in the energy and telecommunication sectors.
  • “We are thrilled to welcome the unique perspectives and deep experience that both Ellie and Jeannine bring to our talented team,” said Brook Porter, Founding Partner at G2.

Quinbrook Closes $600m Solar+Storage ‘Continuation Fund’

Retrieved on: 
Thursday, April 4, 2024
Environment, Finance, Consulting, Utilities, Professional Services, Alternative Energy, Sustainability, Green Technology, Energy, Carbon, Power purchase agreement, Growth, LLP, APG, VoF, LP record, CO2, ABP, PJT Partners, Fund, Kirkland & Ellis, Kilowatt-hour, Renewable energy

Quinbrook Infrastructure Partners (“Quinbrook”), a specialist global investment manager focused exclusively on the infrastructure needed for the energy transition today announced the successful closing of Quinbrook Valley of Fire Fund with $600 million in capital commitments from leading US and European institutional investors.

Key Points: 
  • Quinbrook Infrastructure Partners (“Quinbrook”), a specialist global investment manager focused exclusively on the infrastructure needed for the energy transition today announced the successful closing of Quinbrook Valley of Fire Fund with $600 million in capital commitments from leading US and European institutional investors.
  • The lead investor in the Quinbrook Valley of Fire Fund is Blackstone Strategic Partners.
  • “Energy transition is a major theme for Blackstone and we are excited to invest with Quinbrook and Primergy,” said Mark Bhupathi, Head of Blackstone Infrastructure Secondaries.
  • Kirkland & Ellis LLP served as legal counsel to Quinbrook, while Proskauer Rose LLP served as legal counsel to Blackstone Strategic Partners.

Sunnova Grows its Virtual Power Plant Network to Support the Grid and Compensate Customers

Retrieved on: 
Wednesday, April 3, 2024
Other Energy, Utilities, Environment, Sustainability, Alternative Energy, Green Technology, Energy, Electricity, NOVA, Government, Insurance, VPP, Investment, Puerto Ricans, Sunnova, Renewable energy

Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), an industry-leading adaptive energy services company, announced continued investments and expansion to its virtual power plant (VPP) network, providing increased reliability, reduced emissions, and lower costs.

Key Points: 
  • Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), an industry-leading adaptive energy services company, announced continued investments and expansion to its virtual power plant (VPP) network, providing increased reliability, reduced emissions, and lower costs.
  • The clean power produced by Sunnova’s rooftop solar and battery storage customers helps offset the need for utilities to use heavily polluting traditional power plants during peak demand periods.
  • In return for their demand battery response and contribution, customers are compensated for the power supplied by their batteries in most programs.
  • By voluntarily participating in the program through the Sunnova Flex Power Program, Sunnova customers play an active role in bolstering the grid and supporting a reliable power supply for Puerto Ricans.

Pachama Gets Backing from Shopify to Pioneer Groundbreaking Reforestation Initiative in Brazil’s Atlantic Forest

Retrieved on: 
Wednesday, April 3, 2024
Professional Services, Online Retail, Environmental Issues, Sustainability, Forest Products, Electronic Commerce, Start-Up, Technology, Socially Responsible Investing, Natural Resources, Environment, Retail, Green Technology, Águas, Carbon, Shopify, Biodiversity, Organization, Atlantic Forest, Movement, Investment, Mercado Libre, Commerce, Agriculture

Climate tech startup Pachama today announced it has received a carbon removal credit purchase from commerce leader Shopify to spearhead a first-of-its-kind reforestation investment in Brazil’s Atlantic Forest.

Key Points: 
  • Climate tech startup Pachama today announced it has received a carbon removal credit purchase from commerce leader Shopify to spearhead a first-of-its-kind reforestation investment in Brazil’s Atlantic Forest.
  • Getting Shopify’s support marks a significant milestone in Pachama’s journey to bring more high-quality reforestation projects to market.
  • The Atlantic Forest, renowned for its unparalleled biodiversity, has faced severe deforestation, with only 12% of its original expanse remaining.
  • Furthermore, the initiative will establish a vital wildlife corridor between two remaining forest patches, fostering the unrestricted movement of native animal species.