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GE faces massive long-term losses and major under-valuation
Since 2000, GE has lost close to $450 billion in market cap and many are waiting for the next downturn. While GE is becoming rapidly undervalued, an impending breakup may be a windfall for investors. The company’s fall has been attributed to incompetent management and a lack of vision. Though the stock still holds value….
South Australia to Be the Site of Tesla’s Virtual Power Plant
The South Australian government, in partnership with Tesla, recently announced plans to create the world’s largest virtual power plant. Over four years, 50,000 homes will be outfitted with 5kW solar panels and 13.5 kWh Tesla Powerwall 2 batteries, which also happen to be the world’s largest lithium batteries. Eleven hundred pubic housing properties will be…
Listen: Companies Take Charge In Building Their Own Charging Stations For Tesla Semi’s
When it comes to renewable energy and electric vehicles, Tesla is an obvious titan in the industry as they now seem to be embarking in the semi-truck transportation market. Recently, they’ve accepted pre-orders from 9 major corporations including Anheuser Busch and UPS in which they are working very closely in designing charging stations at…
Watch: Tesla to Provide Batteries for 50,000 Homes in South Australia
The firm will install a 5kW solar panel system and a Powerall 2 battery on public housing properties throughout the country over the course of four years. Due to a potential energy crisis, South Australia has experienced numerous blackouts. The plan comes after Elon Musk vowed to build a giant battery farm to help improve…
WATERSENSE: A SMARTER WATER WAY
If you’ve ever paused to think how much water gets wasted when you flush the toilet or wash your hands, you’ve joined one of the millions of people concerned about dwindling freshwater availability. It’s true—the world is running out of good water, and wasting what we have. Global demand for water will only increase while…
Ocean Energy Teams up With Vigor to Build Energy Converting Buoy
Irish company Ocean Energy revealed that they are partnering with Oregon-based Vigor to build their OE Buoy wave energy converter. The Buoy will be deployed at the U.S. Navy’s Wave Energy Test Site on the windward coast of the Hawaiian island of Oahu in the fall of 2018. The 826-ton OE Buoy measures 125 feet…
Watch: Which Major Cities Have The Power To Host Amazon’s HQ2?
20 cities advance to the final round of the Amazon HQ2 pageant, Amazon’s operations are electricity-intensive and require reliable secure, affordable, and high-quality power. Both grid modernity and renewable energy should be important considerations for the company in looking at these 20 finalists. Amazon’s boldest choices are in states with very aggressive clean energy and…
Listen: Jack Roberts on Renewables, Government Mandates, and the Future of Solar
On this episode of our Energy Podcast, we’re going solar! Jack Roberts, who runs Business Development and Marketing for ARE Solar. We discuss his entrance into the renewable energy industry and how government mandated tariffs have recently impacted the Solar business. We also discuss the excitement of the Denver Green Roof initiative being passed…
G-MAX GIRDER ASSEMBLY STANDS OUT FOR EASE OF INSTALLATION
As the premier manufacturer of high-grade steel solar mounting systems, Schletter offers the next generation of racking with G-Max. G-Max’s fixed-tilt construction is ideally suited for utility-scale installations, and exceptional ease-of-assembly in the field and competitive pricing distinguish this American-made steel mounting system from their competitors. In fact, widely recognized for its thoughtful, streamlined design…
Listen: China’s Floating Solar Farms
One of the most critical challenges faced by the government in China is the danger of air pollution. A 2016 study stated that air pollution caused approximately 366,000 premature deaths in China in 2013. The Chinese government is addressing this problem by investing aggressively in renewable energy sources, specifically, a floating solar farm in…
Watch: China Has Made All Efforts To Become A Robotic Powerhouse
According to the International Federation of Robots, China will lay claim to 40% of total worldwide robotic sales by 2019, an increase from 27% percent in 2015. China is currently ranked No. 1 in sales for industrial robots. in 2015, its government devised a massive tech plan to become the leader in several industry sectors,…
Watch: Wind Power Is Growing As Price Drops
Until now, the U.S. offshore wind industry has been slow to develop, with only one operational project, with a power purchase agreement price of $0.244/kWh. T he newest numbers reported by Lazard (The high end of the levelized cost for energy) for onshore wind, are estimated at $0.06/kWh, or for natural gas, at $0.078/kWh. Wind…
Southern Power Acquires California Solar Facility
A subsidiary of Southern Company, Southern Power, recently announced its acquisition of a solar facility in California, a strong in its strategy of fostering projects with long-term contracts and counterparties with strong credit. Production began on the 20-megawatt (MW) Gaskell West 1 Solar Facility in Kern County, California in October of 2017, and is anticipated…
Watch: Citi announces collaborative initiative to empower people living with disabilities
Citi Community Development, New York City, and the National Disability Institute (NDI) recently announced a major national initiative. “Empowered Cities” will aim to help municipalities economically empower and include people living with disabilities. “EmpoweredNYC” is the first of many specific programs planned to offer free professional financial counseling targeted at families living with disabilities. By…
U.S. Bank Stadium Brings Energy Efficiency to The Super Bowl
This weekend, Minneapolis will get to show off it’s new, energy efficient stadium on a national stage, when the Philadelphia Eagles take on the New England Patriots for Super Bowl LII. U.S. Bank Stadium has a few green building checkpoints, including a state of the art roof is 60% Ethylene Tetrafluoroethyl (ETFE), a lightweight, clear,…
DistribuTECH 2018
DistribuTECH 2018 is in full swing at the Henry B. Gonzalez Convention Center in San Antonio, Texas. The conference features 326 utilities and over 13,500 professionals representing electric, gas and water companies from around the world. The industry’s must-attend event provides attendees with information, products, and services related to electricity delivery automation and control systems, energy efficiency,…
Solar Energy Set To Power Wynn’s New “Paradise Park”
Solar Energy is getting a big boost in Nevada. Steve Wynn, a casino mogul out of Las Vegas, announced last week that a planned park development behind his strip hotels will be powered by renewable energy. Dubbed “Paradise Park” the development will have a 47-story, 1,500-room hotel with an on-site convention space, as well as…
EASE OF USE – MICRODRONES MDCOCKPIT APP FOR ANDROID
mdCockpit from Microdrones is an Android tablet app that makes it easy to plan and monitor missions for surveying, mapping, inspection projects and more. In this video, you’ll see it in action during a methane gas inspection project. Learn more about the fully integrated packages offered by Microdrones here: https://www.microdrones.com/en/mdsolutions/ Read more at microdrones.com
Watch: Cryptocurrency Is Using More Of The Grid Than Electric Cars
Mining for bitcoin and its rivals would suck more power from global electric grids, this year than electric vehicles would draw in the next seven. analysts estimated power demand to mine for bitcoin to equal 0.6% of the world’s electricity consumption in 2018 Future energy consumption of bitcoin and other cryptocurrencies and their underlying technology…
Watch: Oil prices sink but are expected to see overall gains this month
Brent crude oil prices sank below $70 this week as the U.S. amps up production in the face of OPEC-led production cuts. Overall, Brent crude prices have risen nearly 6% this month. Analysts cite the dollar losing value as a major booster, as holders of other currencies can more easily buy crude. U.S. production is…
The Newest Electric Field Sensor: Smaller, Simpler, More Accurate
Austrian university TU Wien has announced the development of a sensor that can measure the strength of electric fields. The designers claim the new device has a leg up on similar devices, being smaller, streamlined, and less likely to distort. Numerous industries need accurate and reliable measurements of electric fields, including meteorology, high-voltage power line…
Listen: Implication Of The Country’s Deep Freeze On Energy Demand
So unless you’ve been living underground for the past year, you’re been affected by the deep freeze that has happened across the U.S., however, many are not considering that these record low temperatures may be affecting much more than their choice of wardrobe. According to facilityexecutive.com, this weather has massively driven the amount of…
Listen: Smart Meters Are The Way To Improve The Efficiency Of The Grid
In the world of Energy, Smart Meters have become vital as an early version of emerging IoT. The data that it collects provides incredible value to utility operators as it helps them gain better insight on factors like demand cycles and numbers as well as helping them maximize their efficiency when it comes to…
Listen: Corporations Deepen Clean Energy Commitment
U.S. corporations increasingly look to manage their carbon footprints, and energy costs, by entering into clean energy power purchase agreements (PPAs). The contracts offer a tailwind to renewable energy developers but can challenge traditional utility-customer relationships. Ninety-five percent of the world’s largest 250 companies by revenue issue sustainability reports that disclose their environmental and social…
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