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Tag: sustainable energy

German officials’ and Elon Musk’s speeches on Tesla Giga Berlin’s opening event highlight a message of hope

Tesla Gigafactory Berlin-Brandenburg may have seen its own fair share of delays, but the facility was still completed quickly — at least compared to other high-profile projects in the area. This was a point highlighted by Chancellor Olaf Scholz (SPD) during Giga Berlin’s opening ceremony, which was attended by Tesla CEO Elon Musk and several […]

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LBank Exchange Will List Bobcoin (BOBC) on March 18, 2022

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INTERNET CITY, DUBAI, Mar. 16, 2022 – LBank Exchange, a global digital asset trading platform, will list Bobcoin (BOBC) on

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Hitachi Energy to Accelerate Sustainable Mobility in Germany’s Biggest City

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ZURICH, SWITZERLAND, Mar 16, 2022 - (JCN Newswire) - Hitachi Energy has won an order from Berliner Verkehrsbetriebe (BVG), Germany's biggest municipal public transportation company, to supply its Grid-eMotion Fleet smart charging infrastructure to help BVG transition to sustainable mobility in Berlin, the country's capital.

Hitachi Energy will provide a complete Grid-eMotion Fleet grid-to-plug charging infrastructure solution for the next two bus depots to be converted in the bus electrification program. Hitachi Energy's solution offers the smallest footprint for both the connection, as well as low noise emissions and high reliability - three key requirements for bus depots in a densely populated urban environment, where space is limited and flawless charging is vital to ensure buses run on time.

The solution comprises a connection to the distribution grid, power distribution and DC charging infrastructure with charging points and smart charging systems. Hitachi Energy will perform the engineering and integrate, install and service the entire solution. The solution has a compact and robust design that requires less equipment than competing infrastructure, which results in a small footprint, lower operating and maintenance costs, and higher reliability. Typically, Grid-eMotion Fleet requires 60 percent less space and 40 percent less cabling than alternative charging systems; it also provides superior overall system reliability.

"We are delighted to help the City of Berlin in its transition to quiet and emission-free transportation and a sustainable energy future for the people of this iconic capital," said Niklas Persson, Managing Director of Hitachi Energy's Grid Integration business. "We feel the urgency and have the pioneering technology and commitment to advance sustainable mobility, thus improving the quality of life of millions of people."

BVG operates Germany's biggest city bus fleet of around 1,500 vehicles, which it aims to make completely electric and emission-free by 2030. This requires the installation of charging infrastructure in its large network of bus depots.

About Grid-eMotion

Grid-eMotion comprises two unique, innovative solutions - Fleet and Flash. Grid-eMotion Fleet is a grid-code compliant and space-saving grid-to-plug charging solution that can be installed in new and existing bus depots. The charging solution can be scaled flexibly as the fleet gets bigger and greener. It includes a robust and compact grid connection and charging points, and is also available for commercial vehicle fleets, including last-mile delivery and heavy-duty trucks that require high power charging of several megawatts. Grid-eMotion Flash enables operators to flash-charge buses within seconds at passenger stops and fully recharge within minutes at the route terminus, without interrupting the bus schedule.

Both solutions are equipped with configurable smart charging digital platforms that can be embedded with larger fleet and energy management systems. Additional offerings from Hitachi Energy for EV charging systems consist of e-mesh energy management and optimization solutions and Lumada APM, EAM and FSM solutions, to help transportation operators make informed decisions that maximize their uptime and improve efficiency.

In the past few months alone, Hitachi Energy has won orders from customers and partners all over the world for its smart charging portfolio - a sign that Grid-eMotion is changing the e-mobility landscape for electric buses and commercial vehicles. Grid-eMotion solutions are already operating or under development in Australia, Canada, China, India, the Middle East, the United States and several countries in Europe.

About Hitachi Energy Ltd.

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business. Hitachi is focused on strengthening its contribution to the Environment, the Resilience of business and social infrastructure as well as comprehensive programs to enhance Security & Safety. Hitachi resolves the issues faced by customers and society across six domains: IT, Energy, Mobility, Industry, Smart Life and Automotive Systems through its proprietary Lumada solutions. The company's consolidated revenues for fiscal year 2020 (ended March 31, 2021) totaled 8,729.1 billion yen ($78.6 billion), with 871 consolidated subsidiaries and approximately 350,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.

Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comHitachi Energy has won an order from Berliner Verkehrsbetriebe (BVG), Germany's biggest municipal public transportation company, to supply its Grid-eMotion Fleet smart charging infrastructure to help BVG transition to sustainable mobility in Berlin, the country's capital.

NMG Opens Office in New York and Expands its U.S. and Canadian Investor Relations Commitment Ahead of NYSE Bell Ringing

+    NMG has opened a New York corporate office to further service and interact with the U.S. investment community. +    NMG has also set up a comprehensive Investor Relations function in New York, with the appointment of Mr. Mark Mitchell, of Matrix Advisors, who will be focusing on servicing the U.S. market. +    At the same time, the […]

The post NMG Opens Office in New York and Expands its U.S. and Canadian Investor Relations Commitment Ahead of NYSE Bell Ringing appeared first on Fintech News.

Cryptocurrencies That Will Impact the Globe


Bitcoin (BTC) may be a pioneer in the world of cryptocurrencies, but it is also quite a burden on the planet’s resources and harmful to the environment. That’s why impact tokens are becoming more prominent in the space now, with more and more portfolios boasting cryptocurrencies that support human development and sustainability with their ventures.…

The post Cryptocurrencies That Will Impact the Globe appeared first on Bitcoin News Miner.

Interactive Energy Storage Online Workshop is Back By Popular Demand

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Singapore, Mar 10, 2022 - (ACN Newswire) - A new date for Energy Storage online workshop has been announced by Infocus International Group and It will commence live on the 17th of June 2022.

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Energy storage differs from other energy technologies in the breadth and complexity of its addressable market and revenue opportunities. This training course provides a comprehensive, business-focused analysis of these opportunities, allowing attendees to analyse, understand and segment them. While naturally focusing on battery storage, this course also covers the variety of competing storage technologies and describes the wide variety of problems energy storage seeks to solve, at a wide range of deployment sizes and timescales, including key issues around practical project delivery.

This course is ideal for those from the investment community and professionals who are working within the power sector in a commercial or business development role. It provides an independent perspective on the competing options, the economic environment in which storage projects operate, and the operational and revenue risks which are important to them.

The 4-days training programme provides a clear understanding of why and where storage markets are growing, what could limit this growth and what the future trends will be. So, if attendees are thinking of investing in or developing an energy storage business case, it provides attendees essential grounding in the core issues.

Past attendee from Tuas Power Generation shared that, "The course has been informative, very practical and covers a wide range of energy storage technology. It is a good introduction to ESS."

"An excellent course. I will without a doubt recommend it to anyone interested in the interplay between energy storage systems, electricity networks and energy markets, policies, procurement and regulations. Trainer's knowledge and group interaction makes the course not only highly informative, but also engaging and fun as we learn how to successfully transition to more environmentally sustainable energy systems," said the past attendee from Department of Energy.

Gain a business-focused assessment of energy storage opportunities, competing solutions and project delivery essentials by signing up at www.infocusinternational.com/energystorage-online.

Course Sessions

- Battery storage
- Utility-scale applications for power system optimisation
- Decentralization (energy storage at the network edge)
- Long-duration and alternative storage solutions

Benefits of Attending

- Gain a clear understanding of energy storage market opportunities & deployment considerations
- A core focus on batteries, including clear explanations of the technologies and performance considerations (in language accessible to non-technical people)
- Discuss the key project delivery issues for battery storage projects
- Review up-to-date examples from around the world and the lessons from them
- Understand the competitive playing field and the economic variables that impact energy storage business cases
- Stay ahead of trends and emerging solutions, including growth opportunities for longer-duration storage solutions

Want to learn more?

Simply email emilia[at]infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of the event brochure. For more information, please visit www.infocusinternational.com/energystorage-online.

About Infocus International Group

Infocus International is a global business intelligence provider of strategic information and professional services for diverse business communities.

Infocus International recognises clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights.

Emilia Mok
Tel: +65 6325 0210
Email: emilia[at]infocusevent.com
Website: www.infocusinternational.com

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comA new date for Energy Storage online workshop has been announced by Infocus International Group and It will commence live on the 17th of June 2022.

B20 Task Force Proposes 3 Green Energy Transition Recommendations

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JAKARTA, Mar 10, 2022 - (ACN Newswire) - The B20 Energy, Sustainability & Climate Task Force, led by the largest Energy State-Owned Enterprise in Indonesia PT Pertamina (Persero), has proposed three green energy transition recommendations to be presented at the G20 high-level meeting in Bali in November 2022.

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President Director of state-owned oil giant Pertamina Nicke Widyawati delivers a speech as Chair of B20 Energy, Sustainability and Climate Task Force at the B20 inception meeting in Jakarta on January 28. (ANTARA/HO-Pertamina)

The three recommendations were agreed upon during the Business 20 (B20) Inception Meeting held virtually at the end of January 2022, as noted in a release issued by PT Pertamina and received here on Thursday.

The Business 20, or B20, is an outreach group from the G20 that represents the international business community.

Chair of B20 Energy, Sustainability, and Climate Task Force Nicke Widyawati emphasized the importance for Indonesia to transition to green energy as mandated by President Joko Widodo.

According to Widyawati, the energy transition effort is a challenge for all, but it should also be viewed as an opportunity to create sustainable economic growth in future by implementing good established scenarios and roadmaps, especially with regard to the financial aspects.

"The B20 Energy, Sustainability and Climate Task Force has the same priorities as Indonesia's G20 presidency in which we must be a strong green energy catalyst and go hand in hand with the principles of energy security, energy equity, and environmental sustainability," Widyawati, concurrently the president director of state-owned oil giant Pertamina, stated.

She further noted that the Task Force will formulate some policy recommendations for sustainable energy transition, with focus on three priority issues.

- First, the Task Force will put forth the recommendation on accelerating transition to sustainable energy use in order to ensure that global warming is limited to a maximum of 1.5 degrees Celsius.

With regard to such a recommendation, the main efforts identified for the energy transition policy is the development of alternative fuel industries around the use of hydrogen and biofuels.

- The second issue for recommendation is to ensure a fair and affordable way of transition as well as global cooperation on impact mitigation and support for adaptation to changes brought about by energy transition.

- The third is global cooperation in increasing energy security for households and MSMEs as a means to end extreme poverty and accelerate energy transition to sustainable energy use.

"Those three priority issues will form the basis for formulating policy recommendations from the Energy, Sustainability and Climate Task Force by considering other critical issues, such as carbon pricing, global cooperation, livelihoods, and institutional development for financing and technology adoption," Widyawati explained.

She also stated that energy is a binding constraint for sustainable economic growth and is a crucial matter for economic development to recover from the impact of the COVID-19 pandemic.

She also emphasized that urgent and focused action was currently needed to address various global challenges, including the lagging rate of energy transition, climate change due to anthropogenic greenhouse gas (GHG) emissions that have become a critical issue, and economic growth depending on fossil fuel energy consumption that contributed to most of the GHG emissions.

Widyawati also pressed for expediting energy transition globally while continuing to increase energy security and equity in an effort to sustain economic growth and reduce extreme poverty.

In addition, the financing gap must be bridged and investment must be shifted more to the energy transition infrastructure that can be paid for by carbon pricing, she remarked.

Widyawati also accentuated the importance of ensuring energy equity by increasing access to and affordability of clean and modern energy that is not only essential for a successful transition but also delivers environmental and economic benefits.

"Renewable energy-based power generation, electrification, and energy efficiency are the main pillars for faster energy transition, technology investment, and energy transition sector," she stated.

"However, developing countries still lack frameworks, well-established governance, markets, advanced financial services, trained workforce, and access to advanced technology. Those aspects are needed for changes (in energy transition), and all of them are owned by developed countries," she remarked.

At the B20 Inception Meeting, the Task Force Deputy Chair Agung Wicaksono stated that in order to seek inputs from businesspersons, the Task Force had also conducted a survey.

The survey covers 13 potential issues: institutional development, global cooperation, alternative energy sources, differential rates per sector, prevention of new carbon lockouts, carbon pricing, mitigation of financial impact, mitigation of loss of livelihoods, standardized ESG frameworks, ensuring orderly transitions, increasing access, affordability and adoption of end-user technologies.

Wicaksono stated that the survey results became the basis for the Task Force to formulate recommendations.

He also acknowledged that the energy transition efforts will require structured and committed global cooperation in improving governance capacity, supporting market development, channeling finance and technology, and upgrading workforce skills.

"The spirit, hard work, and commitment of this meeting continues, and it will bring global change for the better after the COVID-19 pandemic, so that we can Recover Together, Recover Stronger," he remarked.

Written by: Yuni Arisandy Sinaga, Editor: Fardah Assegaf (c) ANTARA 2022

Media Contact: Fajriyah Usman, Vice President Corporate Communications, PT Pertamina (Persero)
Mobile: +62 858 8330 8686, Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.com

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comThe B20 Energy, Sustainability & Climate Task Force, led by the largest Energy State-Owned Enterprise in Indonesia PT Pertamina (Persero), has proposed three green energy transition recommendations to be presented at the G20 high-level meeting in Bali in November 2022.
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Tesla dominates January BEV sales in the United States with S3XY lineup all in Top 10

Tesla’s domination of the United States electric vehicle sector continues Tesla’s Model Y, Model 3, and Model S claimed the top three spots of January’s U.S. BEV registrations, with its top two models combining for well over 60 percent of the total electric vehicle sales during 2022’s first month. The Model X was ninth on […]

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10 Reasons We Need to Clean up Oil and Gas Wells

Most people are aware of the negative effects of drilling for fossil fuels. Still, some may not be aware of the number of abandoned or “orphaned” oil and gas wells across the United States. Research from the Environmental Protection Agency (EPA) suggests there are more than 3 million abandoned oil and gas wells in the ...

The post 10 Reasons We Need to Clean up Oil and Gas Wells appeared first on U.S. Green Technology.

Blockchain tech could add almost $2 trillion to global economy, says PwC report

Regardless of whatever is happening at the moment, there’s a good reason to be optimistic about the future of blockchain technology.  That’s what economists from the leading consulting firm, PricewaterCoopers say, as they predict blockchain technology could boost global GDP by $1.76 trillion over the next decade.

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Megatech Acquires $113M Renewable Energy Project to Strengthen MGT Token Value Proposition with Migration to BSC and Rebrand

The project stands as fully-developed and compliant with all legislative requirements. It is also signed off by all applicable authorities, including the national energy supplier, Eskom.

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The acquisition goes beyond the expectations of its initial roadmap, further increasing value to its token holders in the long run. Likewise, it aims to utilise the MGT token for P2P green renewable energy trade among consumers. Soon to come are Green MGT Megaverse and carbon credit-backed NFTs.

The Beta project value stands at $113 million, encompassing a 60-megawatt farm and a 100-megawatt world-class storage technology. The move increases profitability with the opportunity to sell green energy at peak rates, blue chipping listed parties who previously signed the project for kick-off.

The project approximates its profits at $624.568 million in the next 20 years from selling green energy and trading carbon credits. Moreover, it will be battling carbonization and reducing the carbon footprint of large energy consumers.

How the Project Will Bring More Value to Token Holders

The project will dedicate 40% of its profits to the custodian company, MGT Solar PTY. Its management falls under the fiduciary directors, who also act as custodians for token holders participating in the performance staking program.

Notably, all the profits garnered from MGT Solar PTY will go to participating token holders as financial rewards.

The mechanism ensures that despite the MGT token being a utility token, holders can be rest assured that the projects and plants are backing its value and rewards. As such, this factor ensures sustainability and increased value to all holders.

A Token Built to Push Sustainable Green Energy

Each MGT Token is backed by MGT Solar PTY Ltd and the 60mw solar plant. Notably, the first two plants will kick off in 2022. Additionally, the whole project is a golden opportunity as green energy projects take up to 60 months for development and maturity to beta status.

Along with these new steps, the project transitioned to the Binance Smart Chain, known among the most progressive platforms offering support to upcoming projects. 

The project rounded up its ICO and is boasting a listing on the Bitmart exchange, with the next exchange listing scheduled to occur on 7th March. It hopes to round up 3 more listings on major exchanges in the coming 6 weeks. 

About Megatech

MGT Solar (PTY) Ltd is an Alternative Energy Supply firm. It adopts the most advanced green sustainable energy technology to solve feasibility issues while assuring maximum efficiency and profitability.

There is high demand for electricity supply, particularly in Africa, and one of the most significant challenges is developing feasible and sustainable green energy solutions. Hence, combining cutting-edge solar energy technology, revolutionary storage technology, and a dynamic funding model was necessary to ensure minimal turnaround time and exponential profitability.

Megatech has recently updated its branding strategies and now has new social handles. Follow the new Megatech socials by clicking on the links below:

Social Media Links:

Website: https://megatechmgt.co.za

Instagram: https://www.instagram.com/megatech.mgt/ 

Facebook: https://www.facebook.com/Megatech-MGT-104919235450800 

Twitter: https://twitter.com/megatech_mgt 

YouTube: https://www.youtube.com/channel/UCdYHN1o7hmIts-pVVkCf7mQ 

LinkedIn: https://www.linkedin.com/in/megatech-mgt-651842231/ 

TikTok: https://www.tiktok.com/@megatechmgt 

GridPoint Closes $75M Strategic Investment from Goldman Sachs Asset Management and Shell Ventures

New investment will accelerate deployment of GridPoint’s advanced technology solutions for commercial building decarbonization, sustainability and resiliency RESTON, Va.–(BUSINESS WIRE)–#BuildingDecarbonization—GridPoint, a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization, today announced it has closed a $75 million strategic capital raise led by the Sustainable Investing Group within […]

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Bitcoin network’s carbon emission jumped 17% after China ban: Report

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The research report blamed the increase of Bitcoin’s carbon footprint on the China mining ban and claimed Chinese miners were more renewable-energy-focused.

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