NewsRoom Articles - Page 49 of 86

MondayFeb 12, 2024 9:00 am

Abandoned Finnish Mine to Be Converted into Underground Energy Storage Facility

One of the deepest mines in Europe is poised to spend the next portion of its life as stationary energy storage. Located in Pyhäjärvi, a remote Finnish community 279 miles north of Finland’s capital Helsinki, the 1,400-plus-meter-deep copper and zinc mine was decommissioned in 2022 after more than 50 years of service. The mine opened in 1962 and extracted more than 60 million tons of zinc and copper ore over its decades-long lifetime. The mine was a major employer through the years, and its closure led to the loss of many jobs in the local community. Scottish energy-storage-solution provider Gravitricity…

FridayFeb 09, 2024 1:30 pm

IEA Report Says Green Energy Set to Match Electricity Demand

A recent report from the International Energy Agency (“IEA”) has revealed that wind and solar are set to surpass coal as the top source of energy on the globe this year. The Electricity 2024 report noted that global demand for electricity is set to expand over the next three years. Fortunately, renewable energy and clean-energy technology will be sufficient enough to cover the extra electricity demand. Nuclear power will also achieve record highs next year amid the expansion of renewable energy and allow the generation of electricity from low-emission sources to finally surpass energy demand. IEA ED Fatih Birol revealed that…

WednesdayFeb 07, 2024 1:30 pm

The International Energy Agency Urges Renewed Energy Efficiency Efforts

The International Energy Agency (“IEA”) is urging national leaders around the world to expedite their efforts to promote energy efficiency. A recent IEA report noted that while policymakers have expanded energy-efficiency measures in recent months, their progress isn’t sufficient to meet global climate targets. Despite Russia’s 2022 invasion of Ukraine setting off a global energy crisis, the recently published Energy Efficiency 2023 market report says the momentum for energy-efficiency policy “continues to build.” The report notes that there was a 45% increase in energy-efficiency investments from 2020 to 2023. Furthermore, the report found that the nations responsible for three-quarters of…

WednesdayFeb 07, 2024 9:45 am

Correlate Energy Corp. (CIPI) Riding the Energy Transition Wave as More Companies in the U.S. Move to Electrification

Correlate Energy, a publicly traded distributed energy solutions company, is looking to position itself as the go-to company as America continues transitioning to renewables and electrification With the USPS announcing a $40 billion investment strategy to upgrade and improve its operations, including a major addition of EVs and charging stations, other players are following suit Through its three-pronged strategy – sell, retain, and acquire – Correlate anticipates a spike in demand for its products and services that offer companies a strong economic motivation to enhance energy efficiency Correlate Energy (OTCQB: CIPI), a publicly traded company is capitalizing on America’s growing…

TuesdayFeb 06, 2024 9:45 am

Turbo Energy’s (NASDAQ: TURB) Sunbox Selected to Power Up Solar360’s Capabilities Aiming to Transform Spain’s Photovoltaic Landscape in 2024

Turbo Energy announces strategic partnership with Solar360, a joint venture between two Spanish heavyweights, Repsol and Telefónica España Turbo Energy will be the technology provider while Solar360 will be tasked with marketing energy services and installing Turbo Energy's smart batteries in residential, commercial, and industrial locations in Spain The companies are optimistic that this partnership will revolutionize the photovoltaic market in 2024, delivering substantial value to both parties and to consumers Turbo Energy (NASDAQ: TURB), a photovoltaic energy storage innovator, has started the new year on a high note with a strategic alliance announcement. The company has forged a collaboration…

ThursdayFeb 01, 2024 11:15 am

Turbo Energy (NASDAQ: TURB) Seeks to Help Facilitate Global Decarbonization Goals

The recent COP28 Conference laid out the world’s plans to both, phase out fossil fuels as well as triple ongoing investment in renewable energy technologies The dramatic increase in renewable energy demand, particularly amongst households, is a trend which Turbo Energy is seeking to capitalize on The launch of the company’s ‘SunBox’ home system provides end users with the ability to harness and make use of solar energy through a single, standalone product Turbo Energy recently announced the start of a distribution partnership with Solar360, a division of Spanish telecom giant, Movistar Speaking at the United Nation’s Climate Change Conference…

MondayJan 29, 2024 9:00 am

Correlate Energy Corp. (CIPI) Targets Growing Reliance on Renewable Energy and the Rapidly Expanding Global Renewable Energy Market

Correlate Energy, a publicly traded distributed energy solutions company, is taking advantage of the expanding renewable energy landscape and is helping drive its adoption Correlate has positioned itself as the go-to renewable energy solution, leveraging its three-pronged strategy that allows companies to make the move to highly efficient energy use and renewables, while minimizing transition costs This comes as Amazon was recently ranked the largest corporate buyer of renewable energy in the world in 2023, spear-heading the movement toward renewable energy adoption and reliance Correlate Energy (OTCQB: CIPI), a publicly traded company capitalizing on America’s accelerating move toward cost effective…

FridayJan 26, 2024 9:45 am

Revolutionary Vision Marine Technologies Inc. (NASDAQ: VMAR) Tech Powers Boat-of-the-Year Winner

Powered by VMAR’s E-Motion engine, the Four Winns H2e was named winner in “Boating” magazine’s annual Boat of the Year competition The award announcement called out the torque provided by the Vision Marine Technologies 180e electric outboard Vision Marine is dedicated to pioneering the clean-energy transition on the water “Boating” magazine announced its Boat of the Year category winners for 2023, and the Four Winns H2e came out on top in the Runabout category (https://ibn.fm/5O7Ls). The Four Winns bowrider is powered by Vision Marine Technologies’ (NASDAQ: VMAR) E-Motion, an 180 HP electric outboard engine that is the most powerful marine…

TuesdayJan 23, 2024 9:00 am

Turbo Energy (NASDAQ: TURB) Grows in Confidence as Energy Transition Relies on AI to Stomp on the Brakes of Global Warming

As a technology breakthrough, AI is recognized as a powerful ally along the entire energy value chain for a cleaner, safer, more sustainable future AI benefits span all areas: plant design, operation and predictive maintenance, grid management and safety; It provides flexibility to the electricity system and helps it to become more sustainable Turbo Energy aims for international expansion with its advanced AI-driven Sunbox, optimizing residential solar energy usage and planning to enter industrial and commercial markets Turbo Energy (NASDAQ: TURB), a NASDAQ-listed European innovator designing, developing, and manufacturing photovoltaic energy generation, management, and storage equipment, stands to benefit as…

FridayJan 19, 2024 9:45 am

Turbo Energy (NASDAQ: TURB) Pioneers AI-Powered Household Energy Storage Solution

Whilst the European Union has been hugely successful in growing its renewable energy generation capacity, the bloc’s energy storage infrastructure has yet to catch up Turbo Energy’s innovative product offering has sought to address this concern for households, providing consumers with an all-in-one AI-powered energy storage solution AI is playing an increasingly transformative role within advanced energy storage technologies, helping consumers optimize their energy usage and maximize savings During the depths of the European winter in 2022, renewable energy sources generated more of the EU’s energy than fossil fuels for the first time ever. Coal power usage fell by 11…

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