NewsRoom Articles - Page 22 of 63

WednesdayApr 03, 2024 9:00 am

UK Announces $21M Funding for Advanced Chip Development in EV, Green-Energy Industries

The United Kingdom government has announced a £16.6 million ($20.97 million) investment in the country's open-access technology to boost the development of the advanced computer chips used in electric vehicles and green-energy industries. This investment would allow semiconductor researchers and companies to access new equipment to test and develop computer chips for high-energy machines in the renewable energy space, such as electric cars, as well as manufacturing equipment. £14 million ($17.7 million) of the £16.6 million investment will specifically aid in the development of semiconductors that are typically used in power electronics. These chips are installed in energy-intensive machinery, such…

TuesdayApr 02, 2024 9:45 am

Correlate Energy Corp. (CIPI) Taps Green Solutions to Help Businesses Economically Develop and Manage Energy Assets under Increased Government Encouragement

Distributed energy solutions company Correlate Energy Corp. is focused on boosting businesses with a clean green focus, helping them to better plan, fund, and manage their building energy profiles Green economic factors are becoming increasingly important to businesses and governments, as evidenced by pollution-reducing measures taken by the federal and state governments, and at the local level as with New York City The most recent measure of that commitment is the March 20 announcement by the EPA to roll out finalized national pollution standards for cars, pickups, and other vehicles Correlate’s strategy includes the development and sale of localized clean…

MondayApr 01, 2024 9:45 am

Turbo Energy S.A. (NASDAQ: TURB) Powering the Future: Tech-Infused Photovoltaics and the Path to Sustainable Energy

The global solar energy market is forecasted by Fortune Business Insights to rise from $3.33 billion in 2022 to over $20 billion by 2030 Turbo Energy S.A. will be part of the explosive growth, as tech-infused photovoltaics become instrumental in more efficient use of solar energy Turbo Energy S.A. is a leader in the residential markets in Spain, offering a complete lineup of Li-ion batteries, inverters, software, and their turnkey product, Sunbox The world is facing a critical juncture. Our dependence on fossil fuels has demonstrably contributed to climate change, necessitating a global shift towards cleaner, more sustainable energy sources.…

MondayApr 01, 2024 9:00 am

“Agrivoltaics” Pairs Green Energy with Sustainable Agriculture

The world’s increasing emphasis on green energy has led to the emergence of a practice called “agrivoltaics,” which combines sustainable agriculture with renewable energy. With the global population reaching 8 billion in late 2022, food production is becoming an increasingly important industry. However, the food supply chain produces roughly 9,800 to 16,900 million tons of carbon dioxide every year, and its emissions are projected to reach 30% by 2050. To make food production sustainable, farmers in many nations are combining farming with clean renewable energy. Adapture Renewables, for instance, debuted the concept of integrating solar farm projects with sheep grazing…

WednesdayMar 27, 2024 9:00 am

Retired Electric Vehicle Batteries Are Revolutionizing Green-Energy Storage

The burgeoning renewable energy industry is using retired electric vehicle batteries to revolutionize green-energy storage. With millions of aging electric vehicles set to retire their batteries over the next decade, the electric-vehicle industry was looking at a potential avalanche of e-waste from old EV batteries. These batteries could leach harmful chemicals and metals into the environment and undo many of the environmental benefits of transitioning to electric vehicles. However, green-energy storage facilities are taking advantage of retired EV batteries to kill two birds with one stone: provide a means of storing clean energy while limiting environmental pollution by giving old…

WednesdayMar 27, 2024 9:00 am

Turbo Energy (NASDAQ: TURB) Advances Patented, AI-Powered Energy Storage Solution as EU Market Surges

Demand for photovoltaic energy storage systems in the EU is growing, driven by increased demand for energy security, renewable energy sources, and grid stability TURB strongly positioned with patented Sunbox - an AI-powered solution for home and business photovoltaic systems Sunbox leverages AI-powered algorithms to optimize energy usage, maximize efficiency, and protect against price shocks Market size for solar energy storage batteries projected to grow from $4.40 billion in 2023 to $20.01 billion by 2030 at a CAGR of 24.2% Demand for photovoltaic energy storage systems in the European Union is growing, driven by environmental concerns and the goal of…

MondayMar 25, 2024 9:45 am

Vision Marine Technologies Inc. (NASDAQ: VMAR) Helps Lead the Electric Boating Revolution, Establishes Partnership with Key Distributor

Electric boats offer an impressive list of benefits for boating enthusiasts New partnership establishes exclusive distributorship agreement for south Florida, includes “milestone” order for VMAR’s Phantom Nautical Ventures Marine Group has ordered 50 units of VMAR’s Phantom, a boat constructed from fully recyclable materials The advantages of electric propulsion are spreading beyond the roads to the waterways. Boat enthusiasts see the importance of sustainability as they consider electric boats, but they are recognizing other perks as well. The swell of support for electric boats can be seen in many ways, including the recent news from Vision Marine Technologies (NASDAQ: VMAR), a…

MondayMar 25, 2024 9:00 am

How Geopolitical Shifts Could Impact Net-Zero Ambitions, Energy Sovereignty

Recent geopolitical events have left many countries worldwide questioning the sustainability of allowing volatile international politics and external factors affect their energy security. The past couple of years have underscored just how vulnerable the global-energy supply chain is to geopolitical events and shown countries that they will have to fortify their supply chains. Russia’s invasion of Ukraine in 2022 was a major wake-up call for some of the largest economies on the globe. With many European nations condemning the attack and calling for the Kremlin to withdraw from Ukraine, Russia cut natural gas supplies to the rest of Europe and…

FridayMar 22, 2024 9:00 am

Arizona Project to Showcase Combination of Solar, Batteries in Grid Stability

A renewable energy project in the Arizona desert is combining a massive solar farm with a stationary energy-storage solution to generate solar energy during peak sunlight hours, store that energy in batteries and then discharge it back to the grid during peak consumption hours. Helmed by Danish company Orsted in partnership with local utility firm Salt River Project (SRP), the project seeks to solve a critical problem in the nascent renewable energy space. The problem? Solar and wind power can only be generated when the sun shines and the wind blows. Unfortunately, this means that peak green-energy generation typically occurs…

WednesdayMar 20, 2024 9:00 am

Vision Marine Technologies Inc. (NASDAQ: VMAR) Unveils New E-Boat Model, Names New CFO in Preparation for Industry Growth

The global electric boats market is forecast to more than double in size, increasing from $3.3 billion in 2023 to $7.7 billion by 2030 Vision Marine’s unveiling of its newest e-boat offering, the Phantom, couldn’t have come at more opportune time The company’s new chief financial officer brings invaluable expertise and insight in manufacturing, production and delivery As the electric boat sector is projected to double in value in the next few years, companies operating in the industry are positioning themselves to meet — and even exceed — the expectations this growth could create. For example, Vision Marine Technologies (NASDAQ:…

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