It was meant to be the world's grand fix for the climate crisis: nations would make their economies greener by transitioning to renewable-energy technologies, electrifying transport and digitalizing the global economy to reduce material use. After years of fraught negotiations, countries agreed to this global transition at a momentous summit in Paris in 2015. But the fix has proved to be more complex.
A home battery system stores excess electricity generated by your solar panels during the day. Instead of sending unused solar energy back to the grid or letting it go to waste, your battery holds it for later-typically when the sun sets or during a power outage. Here's a simplified breakdown of how it works: Solar panels generate electricity during the day. Your home uses what it needs immediately. The surplus charges your battery. At night or during outages, your battery powers your home. This setup gives you more control over your electricity usage, reduces your dependence on energy companies, and offers peace of mind when the grid goes down.
When you start thinking about it, the possibilities are endless. But how does it work? And how much power can it generate? Obviously one person wouldn't make much difference, but convert the teeming sidewalks of New York and you might really have something. Could we put this all over the world and stop using fossil fuels? Let's find out! Follow the Bouncing Ball
Microsoft Corp. will pay $6.2 billion to rent AI computing power in Norway. The British data center company Nscale Global Holdings Ltd. and Norwegian investment company Aker ASA will provide the capacity, the companies said in a statement Wednesday. The project will be powered by secured grid capacity and entirely renewable electricity. The world's largest software maker has been renting more cloud capacity from third-party providers such as Coreweave Inc. of late.
When a fossil fuel is combusted, it releases energy, which boils water, which turns to steam, which drives a turbine, which generates electricity. This is an almost comically inefficient process, requiring immense amounts of material: more than 8bn tons of coal and 4tn cubic metres of fossil gas every year. And given the basic chemistry of combustion, it's unavoidable that burning all this stuff leads to an immense buildup of carbon dioxide in the atmosphere.
RI Mining, a global leader in cloud mining, has officially unveiled its new Green XRP Cloud Mining Contract. Powered by clean energy, this innovative product addresses the high energy consumption of traditional mining while delivering stable daily returns of up to $18,000. The launch sets a new benchmark for combining blockchain technology with sustainable finance, opening the door to digital wealth for investors worldwide.
Think of battery manufacturing and it may evoke images of Elon Musk and Tesla's sprawling gigafactories around the globe, or China's vast, hi-tech clean rooms churning out cells to go in anything from electric toothbrushes to mobile phones and cars. But at Invinity Energy Systems's small factory in Bathgate, near Edinburgh, workers slotting parts together are hoping that Britain can also play a part in the battery revolution.
ModernFi - $30M Series B ModernFi, a comprehensive deposit management platform for financial institutions, has raised $30M in Series B funding led by Canapi Ventures. Founded by Adam DeVita and Paolo Bertolotti in 2022, ModernFi has now raised a total of $57.4M in reported equity funding. Euclid Power - $20M Series A Euclid Power, an operating system for renewable energy project development, financing, and operations, has raised $20M in Series A funding led by Venrock.
Encompassing 159,000 acres, the master plan integrates renewable energy production, drought-resistant water systems, and eco-friendly architecture. At its center, a timber skyscraper known as the Equitism Tower is envisioned as both a landmark structure and a symbol of the city's proposed economic model. Incorporating aeroponic farms, photovoltaic roofs, and water storage systems, the tower represents the principle of Equitism, in which land ownership and the city's growth are designed to benefit all residents.
We're sorry to announce that, due to planned industrial action on the London Underground, we've been forced to reschedule our final two concerts of the current Wembley Stadium run. Without a Tube service, it's impossible to get 82,000 people to the concert and home again safely, and therefore no event licence can be granted for the nights of 7th and 8th September. To avoid cancelling the shows, our only option is to reschedule.
A small town in Finland is experimenting with a new type of infrastructure: the world's largest sand battery. The battery-a 42-foot-tall, nearly 50-foot-wide silo filled with 2,000 tons of crushed stone-sits on the edge of a parking lot. When there's extra renewable electricity on the grid and power is cheap, the system uses electricity to heat up the crushed stone. That heat is stored in the battery until nearby buildings need to use it.
For the first time in nearly a decade, federal officials on Tuesday auctioned off leases for new geothermal energy projects in California - and all 13 parcels offered received bids. Dozens of buyers participated in the Bureau of Land Management's online sale of 10-year leases on 23,000 acres in Imperial, Lassen and Modoc counties. Geothermal is a growing source of energy that can produce clean electricity 24 hours a day, unlike wind and solar power.
On July 17, the Interior Department announced that all wind and solar projects would have to undergo "elevated review" from department Secretary Doug Burgum's office. On July 29, Burgum ordered an end to "preferential treatment" for "unreliable, foreign controlled energy sources," specifically wind and solar. The next day, the Bureau of Ocean Energy Management, which sits within the Interior Department, rescinded all designated Wind Energy Areas along the continental shelf.
Japan has opened its first osmotic power plant, in the south-western city of Fukuoka. Only the second power plant of its type in the world, it is expected to generate about 880,000 kilowatt hours of electricity each year enough to help power a desalination plant that supplies fresh water to the city and neighbouring areas. That's the equivalent of powering about 220 Japanese households, according to Dr Ali Altaee from the University of Technology Sydney (UTS), who specialises in the development of alternative water sources.
The Shine Turbine kit comes with everything you need -- the turbine, a stand, guy lines, pegs, and cables. Setting up the first few times took a bit longer than I expected, especially if you're trying to do it while it's blowing a gale. But as with most things, it does get easier with practice. Also: 10 tiny tools I carry with me everywhere - how they work
The scheme was developed by a team that includes AFL Architects, Mott Macdonald engineering services, Fabrik landscape design, and Ridge and Partners built environment consultants. Designed for a capacity of 16,000 spectators, the master plan also proposes a 1,000-person events space, a 180-bed hotel, a restaurant, a health and wellbeing centre, and a new public plaza with gardens. The stadium will occupy a five-hectare (12-acre) site in the Triangle area, located 6 km north of Oxford, adjacent to Oxford Parkway railway station and Kidlington Roundabout.