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Posts Tagged ‘renewable energy’

A Boston startup developing a nuclear fusion reactor just got a roughly $50 million boost

After twenty five years of research, scientists at the Massachusetts Institute of Technology think that they have finally cracked the code for the commercialization for nuclear fusion reactions. Commonwealth Fusion Systems is the fruit of that research. It’s a startup building on decades of research and development that plans to harness the power of the ...

Climate justice and environmental ethics in tech, with Amazon engineer Rajit Iftikhar

Nearly 8,000 Amazon employees, many in prestigious engineering and design roles, have recently signed a petition calling on Jeff Bezos and the Amazon Board of Directors to dramatically shift the giant company’s approach to climate change. By deploying a kind of corporate social disobedience such as speaking out dramatically at shareholders meetings, and by engaging ...

Fintech and clean tech? An odd couple or a perfect marriage?

The Valley’s rocky history with clean tech investing has been well-documented. Startups focused on non-emitting generation resources were once lauded as the next big cash cow, but the sector’s hype quickly got away from reality. Complex underlying science, severe capital intensity, slow-moving customers, and high-cost business models outside the comfort zones of typical venture capital, ...

Despite declines for the quarter, Tesla is bullish on its overall energy business

Even as its solar business declined in step with its overall earnings, Tesla is bullish on the prospects for the energy side of its business over the course of the year. The energy business is an unheralded part of Tesla — overshadowed by its headline grabbing (and much larger) auto exploits — that chief executive ...

How a Brooklyn renewable energy company ended up making a surveillance drone — Future Blink

03.25.2019 · Posted in Technology Articles

Pliant Energy Systems has spent the last two years developing a drone named Velox. The robot, which was initially meant to be a generator that could harness the flow of water, is now more of a sleek-looking surveillance drone with potential to one da... ...

Palmetto gets $20 million credit line for its solar and energy efficiency installation marketplace

For homeowners that want to go green, but have trouble figuring out how to do it, Palmetto Clean Technologies has the answer. The company has an army of salespeople to pitch the benefits of solar power and energy efficiency, and will connect would-be clean energy consumers with financing options, installers, and software to monitor and manage ...

Tesla’s Maxwell acquisition aims to gives its batteries a boost

Tesla has acquired energy storage company Maxwell Technologies in an all-stock deal valued at $218 million, a deal aimed at helping the electric automaker improve its batteries and lower costs as more competitors enter the market. The offer will value each of Maxwell’s 45.9 million shares at $4.75. The merger is expected to close in the ...

Google launches clean energy project in Taiwan, its first in Asia

Google has launched its first clean energy project in Asia. The company announced today that it struck a long-term agreement to buy the output of a 10-megawatt solar array in Tainan City, Taiwan, about 100 km south of its data center in the country. Google already has solar and wind projects across North and South ...

Oil and gas giants Chevron and Occidental are backing tech to combat carbon emissions

Carbon Engineering, a Canadian company developing technology to remove carbon dioxide from the atmosphere and process it for use in enhanced oil recovery or in the creation of new synthetic fuels, has locked in financing from two big industry backers — Chevron and Occidental Petroleum — to bring its products to market. The undisclosed amount ...

This project is mapping every solar panel in the country using machine learning

Renewable energy is the future, but at present no one is tracking just who's got solar panels on their roof, in their back yard, or a shared neighborhood installation. Fortunately, solar panels generally work best when exposed to the light. That makes them easy to spot, and count, from orbit — which is just what ...