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Tesla is a business built, in part, on government regulations and incentives, from a Department of Energy loan guarantee in 2009 to the regulatory credits it sells to other automakers, which have driven a third of its $32 billion in profits since 2012. Now, the company’s energy business — a rare bright spot amid faltering demand…
Paraguayan law enforcement has deported three undocumented immigrants from China after they were caught breaking into a crypto mining facility attempting to steal machines. Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near the country’s Itaipu hydroelectric dam. According to a May 15 statement…
The deal will see NYDIG acquire 425 modular data centers across seven US states and Argentina used to mine Bitcoin. Crusoe Energy, a company that captures waste gas from oil to power high-performance compute, is selling its Bitcoin mining business to New York Digital Investment Group (NYDIG) to focus on artificial intelligence. In a March…
The massive $100 billion Stargate joint venture will reportedly be powered, at least in part, by solar and batteries. The renewable power installations will be built by SoftBank-backed SB Energy, according to a report from Bloomberg, though they’re unlikely to be the venture’s sole source of energy. Stargate is a partnership between OpenAI, Oracle, and…
European regulators are pushing hard for greener energy. The REPowerEU plan calls for 10 million additional heat pumps to be added by 2027, and solar panels are also on the rise. But most installations are done by small businesses that could be more productive with better work processes. This is where German startup Reonic comes…
The past few decades we’ve seen a lot of countries look for more sustainable (and safer) sources of energy as large parts of their respective populations continue to use a lot of power for various purposes. Wind energy have been an option for some and so we continue to see a lot of companies developing…
We’re seeing a lot of recreational places like amusement parks, public spaces, museums, etc that are looking for ways to use renewable sources of energy and to be more eco-friendly. There is also a slowly growing call to turn places that used to be major pollutants into something that can benefit mother nature as well…
Zaha Hadid Architects, renowned for pushing the boundaries of architectural design, has recently unveiled a groundbreaking project in collaboration with NatPowerH—a subsidiary of the NatPower group. The NatPowerH Hydrogen Refueling Station is poised to become the world’s first green hydrogen refueling infrastructure, and it’s specifically tailored for Italy’s boating industry. With plans to deploy 100…
In the quest for sustainable energy solutions, New World Wind has unveiled its revolutionary Aeroleaf Hybrid technology—a micro-wind turbine shaped like a tree, combining the forces of wind and solar energy to provide a clean and unlimited power source. This innovative approach not only meets the growing demand for electricity but also addresses environmental concerns…
The International Energy Agency now projects oil, gas, and coal use will all peak this decade. This constitutes a dramatic shift from the last 150 years when the thirst for fossil fuels persistently rose. But now this growth is nearing its end sooner than many expected, driven in part by a surge in renewables. This significant event, however, masks…