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Quaise Energy Raises $21 Million to Accelerate Terawatt-Scale Geothermal Energy
Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new investors participating in the round. This latest funding will enhance the company’s field operations and strengthen its supply chain position, ...
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Quaise Energy Raises $21 Million to Accelerate Terawatt-Scale Deep Geothermal Energy
Quaise Energy, a company seeking to unlock terawatt-scale geothermal, announced this week the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new investors participating in the round. This latest funding will enhance the company’s field operations and strengthen its supply chain ...
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In an effort to accelerate terawatt-scale geothermal energy, Quaise Energy has raised $21 million.
CAMBRIDGE, Mass. — Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new investors participating in the round. This latest funding will enhance the company’s field operations and strengthen ...
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CHP Re-imagined - Fueling a Greener Tomorrow
Introduction: In an era where energy efficiency and carbon footprint reduction are paramount, Combined Heat and Power (CHP) technology stands out for its remarkable fuel efficiency and lower carbon emissions. Historically, the primary function of CHP has been to provide continuous supplies of electricity and heat, achieving efficiencies of around 90% – significantly higher than traditional ...
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DeepPower CEO Andrew Van Noy Discusses Geothermal Growth
DeepPower, Inc., the developer of a breakthrough geothermal drilling technology to access the Earth's unlimited source of clean energy, this week (Oct 11) announced that in a recent Company podcast CEO Andrew Van Noy spoke with the CEO of the International Geothermal Association (IGA), Dr. Marit Brommer, about geothermal energy and the advancements the industry has experienced over the past 6 ...
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DeepPower CEO Andrew Van Noy Discusses Geothermal Growth with the CEO of the International Geothermal Association
Dr. Marit Brommer describes the pace at which the geothermal energy industry has advanced over the past 6 years DeepPower, Inc., the developer of a breakthrough geothermal drilling technology to access the Earth’s unlimited source of clean energy, today announced that in a recent Company podcast CEO Andrew Van Noy spoke with the CEO of the International Geothermal Association (IGA) Dr. ...
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PXiSE Power Plant Controller Precisely Meets Fast Frequency Response Market Requirements
PXiSE, developer of next-generation grid control technology, announces that the PXiSE Renewable Power Plant Controller (PPC) meets the latest performance requirements for using energy storage resources to provide grid support and ancillary services in Texas. This technical capability distinguishes the PXiSE PPC from all other solution providers in matching new and more demanding control response ...
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MPC Energy Solutions and Leclanché Form Strategic Collaboration for Utility-Scale Energy Storage
MPC Energy Solutions (MPCES) has partnered with Leclanché one of the world's leading energy storage companies, to build the previously announced 35.7 MWp solar photovoltaic and 18.2 MW battery energy storage system (BESS) project designed with Leclanché Energy Management Software (L-EMS) in St. Kitts' Basseterre Valley, next to the capital city of Basseterre. The project requires ...
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INNIO Jenbacher and Clarke Energy Announce Expansion of Jenbacher Gas Engines Distribution to Independent and Merchant Power Producers in Indonesia
Clarke Energy can also offer Jenbacher natural gas engines with a “Ready for H2” option that allows the engines the capability to be readily converted from natural gas to up to 100% hydrogen operation. Clarke Energy now distributing Jenbacher gas engines across 28 countries Offerings to focus on natural gas applications To better serve the growing power and grid reliability ...
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Consumers Energy Announces Plan to End Coal Use by 2025; Lead Michigan's Clean Energy Transformation
Consumers Energy this week announced a sweeping proposal to stop using coal as a fuel source for electricity by 2025, 15 years faster than currently planned. The plan would make the company one of the first in the nation to go coal-free and provide a 20-year blueprint to meet Michigan's energy needs while protecting the environment for future generations."We are proud to lead Michigan's clean ...
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Time for Action for 100% Renewable Energy Globally
Renewable energy organizations representing different spheres of the renewable energy community gathered earlier this week on the occasion of the tenth anniversary of the Great East Japan Earthquake and Fukushima nuclear accident to emphasise that renewable energies are not only available in abundance but ready to deliver a renewable world. The combination of all renewable technologies, be it ...
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DOE Awards $46 Million for Geothermal Initiative Projects with Potential to Power Millions of U.S. Homes
The U.S. Department of Energy this week announced that its Frontier Observatory for Research in Geothermal Energy (FORGE) Initiative at the University of Utah has selected 17 projects to receive up to $46 million in funding for cutting-edge, domestic, and carbon-free geothermal projects with potential to supply power to homes in the United States. "There is enormous untapped potential for ...
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Fusion Energy Can Be the Most Cost Competitive Source of Baseload Power, at the Same Level as Renewables
Fusion energy could be the most cost-effective solution for clean baseload power, four times cheaper than nuclear, complementing the need to continue rolling out renewable energy technologies as fast as possible to achieve a zero carbon global energy system by 2050. A new peer-reviewed scientific paper authored by Dr Nicholas Hawker, founder of First Light Fusion, published today in ...
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X-energy Teams with NFI to Supply Exclusive Fuel to the High-Temperature Gas-Cooled Reactor (HTGR) in Japan
X-energy announced it has teamed with Nuclear Fuel Industries (NFI) to be the exclusive counterparty to supply fuel to the Japanese high-temperature gas-cooled reactor (HTGR). X-energy is purchasing the compact press equipment that can make annular fuel compacts for the “prism-type” HTGR core from Japanese-based NFI. X-energy will use the TRISO-X fuel facility and the former NFI ...
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Highview Power Awarded £10 Million Grant from UK Government for First Commercial CRYOBattery Facility
Highview Power, a global leader in long-duration energy storage solutions, is pleased to announce that it has been awarded a £10 million grant from the UK Department for Business, Energy & Industrial Strategy (BEIS) for a 50 MW cryogenic energy storage facility (with a minimum of 250MWh), known as the CRYOBattery™, to help the country achieve its decarbonization goals. Highview ...
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Emrgy Inc. Announces Australasia Distribution Partnership
Emrgy Inc., founded in 2014 and based in Atlanta, Georgia USA is excited to announce an exclusive distribution contract with Emrgy Australasia, based in Geelong Victoria, to promote and develop our modular hydrokinetic projects throughout Australasia. The partnership launch includes the initial 100kW (10 module) order delivery to Australia beginning in June 2020. Emrgy Inc. is a USA based ...
By Emrgy Inc.
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8minute Solar Energy Secures $225 Million Letter of Credit Facility to Support the Greenfield Development of its 18-Gigawatt Pipeline of Solar and Energy Storage Projects
A tenfold increase in capacity over existing letter of credit facility reflects the strength of 8minute’s expanded pipeline over the last four years LOS ANGELES, CALIFORNIA—June 1, 2020: 8minute Solar Energy (8minute) announced that the company has closed a $225 million letter of credit (LC) facility from a consortium of five banks, led by CIT as sole coordinating lead arranger ...
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X-energy Awarded $6 million from the Department of Energy’s ARPA-E Program
X-energy announced it was awarded a $6 million grant from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E). The funding will be used to support development of the Xe-100 reactor, emphasizing development of technologies to significantly reduce the fixed O&M cost to $2/MWh. The Xe-100 uses high-temperature gas-cooled reactor (HTGR) technology – a ...
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X-energy to irradiate TRISO-X fuel with MIT’s Nuclear Reactor Laboratory
X-energy has reached an agreement with the Massachusetts Institute of Technology (MIT) for the Institute’s Nuclear Reactor Laboratory to use its research reactor to irradiate X-energy’s TRISO-X fuel. The irradiation process will provide data in support of licensing X-energy's Xe-100 and other TRISO-based reactors. X-energy’s reactors all use tri-structural isotropic (TRISO) ...
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8minute Solar Energy Expands Development Pipeline to 18 Gigawatts with New Solar-Plus-Storage Power Plants
8minute Solar Energy announced this week that the company has added 3 gigawatts of large-scale solar projects to its development pipeline this month, for a total of over 18 GW-enough to provide power for 20 million people. The company further announced it has attracted additional corporate-level funding to develop the rapidly growing pipeline, the majority of which will be converted to the ...
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