HOUSTON (ICIS)—Mitsubishi Power Americas, a subsidiary of Japanese conglomerate Mitsubishi, and privately-owned Texas Brine have announced on 12 May an agreement to develop large-scale, long-duration hydrogen storage solutions. The partnership aims to focus on existing sites controlled by Texas Brine, evaluating their suitability for hydrogen storage both in existing and new salt caverns. Texas Brine […]
Why Does Bitcoin Consume ‘Insane’ Energy?
Obtaining bitcoin is an energy intensive endeavor, and the chart showed the evolution of its power usage, rising constantly from 2016 and accelerating sharply in 2020 on an annualized basis to hit its current level of 149 terawatt-hours (TWh), an all-time high. New York: Cryptocurrency fans have counted Tesla boss Elon Musk as among their […]
Tesla reports higher profits, says expansion on track
The electric car maker set production and delivery records in the quarter, with the auto industry upstart’s Model 3 becoming the best-selling premier sedan in the world, according to chief executive Elon Musk. New York: Tesla reported a jump in first-quarter profits Monday on surging electric vehicle sales, and the manufacturer said it was on […]
Nautilus Solar closes second community solar financing with Credit Suisse
Nautilus Solar Energy has closed a $110 million tax equity commitment with Credit Suisse. The facility will provide long-term financing for twenty-two community solar projects across Colorado, Maryland, Minnesota, New York, and Rhode Island, amounting to approximately 75 MWdc of nameplate capacity. All projects in the portfolio are expected to be placed in service in […]
City Island Electric Customers Tap Renewable Energy Storage
Con Edison and GI Energy have installed a 1 MW/1 MWh battery system on City Island in the Bronx. It is the second storage system the partners have installed under a demonstration project. The battery system can provide 1 MW to customers along the business strip. According to Con Edison, that will take stress off […]
New York EV Infrastructure Bolstered by Blink EV Charging Stations To Be Deployed Across New York Four Brothers Pizza Inn Locations
Miami Beach : Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), a leading owner, operator, and provider of electric vehicle (EV) charging equipment and services, announced the upcoming deployment of 42 charging ports at ten Four Brothers Pizza Inn (Four Brothers) locations across New York. The 21 Blink owned dual port chargers were […]
TWELVE CLIMATE INNOVATORS CHOSEN AS 2021 BNEF PIONEERS
Game-changing companies recognized for their leadership in transformative technologies. New York : Today announced the twelve winners of the 2021 BNEF Pioneers – early-stage companies that are pursuing exciting and important low-carbon opportunities. The winners were selected as their innovations fill important gaps in optimizing long-haul freight, making sustainable materials, tracking greenhouse gases, valuing carbon […]
Sunrun’s CEO Is Selling Peace of Mind With Her Rooftop Solar Panels
Residential solar looked like a generational opportunity to Lynn Jurich back when few American homeowners had panel systems. The cost of solar equipment would fall, she surmised, and utility bills would rise. The economic case for going green would become clear. There was little expectation that her company, Sunrun Inc., would capture new customers as […]
EVPassport Launches First Open EV Charging Platform for Purpose-Driven Organizations
Only API-Powered Platform with Brandable Hardware Specifically Designed to Strengthen Customer Engagement for Organizations Committed to Sustainability NEW YORK: EVPassport, the EV charging hardware and software platform for purpose-driven organizations, today announced the first and only open EV charging platform. Consisting of brandable hardware and API-driven software, EVPassport enables organizations to integrate the EV charging […]
KKR Aims to Raise $12 Billion for Latest Infrastructure Fund
KKR & Co. is seeking about $12 billion for its fourth global infrastructure fund, according to a person with knowledge of the matter. The private equity firm raised $3.9 billion for its first Asia-Pacific infrastructure fund in January, amassing the largest pool of cash in the region for investments including waste management, renewable energy and […]