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4 · MHI Invests in e-Zinc to Advance Long-duration Energy Storage in Zinc Metal. TOKYO, June 28, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) announced today that it has invested in
MTR Lab, a subsidiary of Hong Kong''s railway operator that invests in technology, has invested in local battery-powered energy storage system provider Ampd Energy to fund its expansion projects
Transaction Marks First U.S. Investment from KKR''s Global Climate Strategy NEW YORK –(BUSINESS WIRE)– Today, KKR, a leading global investment firm, announced the signing of a definitive agreement pursuant to which investment funds and accounts managed by KKR agreed to acquire a majority stake in Avantus, a premier U.S. developer of large
In a move to expand its foothold in the energy storage industry, Acer Inc. (TWSE: 2353) announced that its board of directors approved to invest in C-Life Technologies, Inc., a
Largest single private-sector digital investment in Kenya''s history will support economic development across East Africa WASHINGTON — May 22, 2024 — Microsoft Corp. and G42 on Wednesday announced a comprehensive package of digital investments in Kenya, as part of an initiative with the Republic of Kenya''s Ministry of
Microsoft (Nasdaq "MSFT" @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the
Clime Capital, a Singapore-based investment management company in charge of SEACEF funding, has invested in the development of a floating solar and storage project in Dong Nai Province in Vietnam. The project, currently being developed by Blueleaf Energy, comprises a 500MWp floating solar plant, with battery energy storage system
Microsoft''s sustainability commitment involves a 100% renewable energy coverage for the company''s operations, including its datacenters, by 2025, water positive by 2030, and zero waste by 2030. These initiatives demonstrate a mutual goal for environmental sustainability and a more resource-efficient future.
Microsoft, the renowned technology company, has made a groundbreaking move by investing in Helion Energy, a company at the forefront of fusion power development. Let me tell you why this is a game
(Bloomberg) — Bill Gates'' Breakthrough Energy Ventures is backing a new thermal storage startup, expanding its investments in long-duration power backup. Fourth Power converts renewable power to heat, storing it for future use.
Microsoft Brasil has signed a Power Purchase Agreement (PPA) with AES Brasil to supply renewable energy for a period of 15 years, starting in July 2024. The energy will be generated from the Cajuína Wind Complex, which is being developed in the state of Rio Grande do Norte and will start operating later this year.
6 · Microsoft and G42 are partnering to invest $1 billion in a data center and Kenya, which will be powered by geothermal energy and give east Africa access to Microsoft
Microsoft will develop California''s largest microgrid that is fully supported by renewable natural gas (RNG) to provide its San Jose, California data center with back-up power to ensure continuous operations. With a goal of becoming carbon negative by 2030, Microsoft will work with Enchanted Rock to develop the microgrid.
"We believe that energy storage, in both fixed and mobile applications, is crucial for the sustainable energy shift," says Thijs Nijland, investment manager at ABN AMRO SIF. Recognising the huge potential and wide range of applications for energy storage, the fund will be actively looking to expand its exposure in this segment.
As demand increases for its cloud services around the world, Microsoft is breaking new ground with innovative solutions: It''s collaborating with utilities to
Innovating for a more sustainable future. The energy industry is using Microsoft technologies to do more with less in new ways. Today, the industrial metaverse is creating more opportunities for companies and workers alike and increasing the adoption of greener practices and renewable energy. By enabling energy companies to more
News. Goldman Sachs'' private equity division Goldman Sachs Asset Management has invested $250m in a Canadian long-duration energy storage provider. Hydrostor, the company that has secured the funds, said the investment will help it build 8.7GWh long-duration energy storage plants in Australia and California.
Microsoft invests in environmental justice. Microsoft announced this week an initiative in partnership with Sol Systems to develop 500 MW of solar energy with investments in minority communities disproportionately affected by climate change. This is Microsoft''s largest renewable energy portfolio investment ever made. To develop this
A funding injection from Bill Gates'' energy innovation initiative has been granted to a groundbreaking battery technology utilizing liquid tin and holding a Guinness World Record for energy
Microsoft just agreed to support the development of 10.5 gigawatts of new renewable energy capacity around the world, a massive amount of electricity to fuel its AI ambitions and climate
Bill Gates '' Breakthrough Energy Ventures is backing a new thermal storage startup, expanding its investments in long-duration power backup. Fourth
Microsoft has entered into several Corporate Power Purchase Agreements (CPPAs) to support wind and solar energy projects in Ireland. These projects will contribute more than 900MW of renewable energy to support the country''s efforts to promote sustainable practices. The Irish Government adopted a Climate Action Plan that includes
Twelve companies including Microsoft and Google have joined the Long Duration Energy Storage (LDES) Council, a body set up at COP26 in November to
Hydrostor is commercialising its proprietary compressed air energy storage technology, claiming it can be a cost-effective long-duration energy storage solution. While the company has to date only built one commercially operating 2.2MW / 10MWh+ system which came online in 2019 in Ontario, it currently has 1.1GW / 8.7GWh
Microsoft will purchase 24,642,681 shares of Class A Special Common Stock (CMCSK) for $500 million at $20.29 per share and $500 million of a new issue of Comcast Series B Convertible Preferred Stock. The Comcast Series B Convertible Preferred Stock will have a 5.25 percent pay-in-kind dividend and will be initially convertible into
First, Microsoft will invest $3.3B between now and the end of 2026 to expand its national cloud and AI infrastructure capacity through the development of a state-of-the-art datacenter campus in Mount Pleasant, Wisconsin.
We all must take action to reach net zero emissions, and Microsoft has been conveying to members of Congress our support for strong climate and clean energy-related investments in both the infrastructure and reconciliation packages.
Ardian, a world leading private investment house, in partnership with its operating platform eNordic, today announces it has taken Final Investment Decision (FID) to build Mertaniemi battery energy storage project, a 38.5MW one hour utility scale battery energy storage system (BESS) in Finland, to support the Finnish power grid.
Microsoft just agreed to support the development of 10.5 gigawatts of new renewable energy capacity around the world, a massive amount of electricity to fuel its AI ambitions and climate goals.
These models will be designed to accelerate the development of first-of-a-kind (FOAK) and early commercial projects, including advanced nuclear, next-generation
Expert insights on data-driven solutions in energy. By Mary Carol Alexander, Vice President and US Energy Leader, Microsoft. April 25, 2023. Data Analytics. Digital Transformation. Energy. Thought leadership. Digital transformation and technologies like AI and big data have accelerated innovation in the energy industry.
Microsoft''s $1 billion investment announced today goes to OpenAI LP (the for-profit arm), while the partnership is with the whole entity, as Bloomberg notes. OpenAI, a company working on AI for
Asset manager Foresight Group has invested in a co-located 1.6GWh pumped hydro energy storage and wind project in Scotland. The project, at the disused 1,547-acre Glenmuckloch opencast coal mine near Kirkconnel, will see the construction of a 210MW/1,600MWh capacity pumped hydro energy storage plant along with a 33.6MW
Microsoft''s massive renewable energy purchase agreement with Brookfield will help power the company''s rapidly growing cloud business with clean energy.
Microsoft and storage vendor CommVaultSystems Inc. on Wednesday extended an existing strategic alliance between the two companies. Written by ZDNET Editors, Contributor May 17, 2000 at 5:00 p.m. PT
Energy Vault expects to merge with SPAC Novus Capital Corporation II ( NXU) in Q1 2022. It uses gravity-based energy storage technology and develops a technology-agnostic AI system. The pro forma
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