THE DAILY ROUNDUP – Thursday

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Hi! Here is your daily dose of useful links and articles related to renewable energy and technology. Enjoy!


US Federal Reserve looking for manager to research digital currencies

The United States Federal Reserve is seeking to hire a manager who will among other things, contribute to the bank’s research in digital currencies and distributed ledger technology. The banking industry regulator has been warming up to the idea of applying blockchain and issuing a digital currency, and this serves as its clearest indication of interest…


RES4Africa Foundation and the Global Wind Energy Council sign MoU to forward Africa’s sustainable development

The Global Wind Energy Council (GWEC) and RES4Africa Foundation have signed a Memorandum of Understanding to increase cooperation through joint initiatives and activities to support sustainable development for resilient economies and energy systems in Africa. GWEC and RES4Africa share a common vision that sustainable energy development is a crucial…

Africa’s energy system needs more renewable energy to support a growing population, increasing urbanisation rates and sky-rocketing power demand and to enable economic growth and investment in key social activities such as education.

Ben Backwell, CEO of GWEC

In the era of Bitcoin, what is the relevance of Howey Test?

With innovation comes the need to “define.” The need to ‘legally,’ define what Bitcoin and the other cryptocurrencies are deemed as important to lawmakers as the disruption they were setting about. Thus the question was surfaced, “What is Bitcoin legally?” and more specifically, “Is Bitcoin a security?,” to answer that, the United States Securities and Exchange…

A hallmark of a security is an investment of money or value in a business or operation where the investor has a reasonable expectation of profits based on the efforts of others.

SEC

Apartment equipped with ‘mobile shell’ that stores solar radiation

When Austrian architect Anton Falkeis met with a client for the design of a residential building in Vaduz, Liechtenstein, a few years ago he was “told to create something pretty new.” That client got something new — a building with a movable building envelope that uses phase change materials to collect and release heat in the day and cold at night. The Active Energy…

This building is a like a kick-off for a new type of development in terms of decentralized urban energy production.

Anton Falkeis, Falkeis Architects

China unveils its new blockchain smart cities identification system

China has launched a blockchain smart cities identification solution, which will assign a unique global ID to the smart cities in the country. The country expects that the new solution will enable better information sharing and connectivity between smart cities. Given the rapid urbanization that we see, smart cities are assuming more and…


The Dark Horse of India’s Renewables Revolution: The “Water Battery”

Progress in energy storage will soon mean energy security for India, as the country races ahead with large renewable power commitments. Already fifth in the world in renewables, India now says it will exceed its 2022 target of 175 gigawatts of installed renewable capacity. Speaking at the United Nations Climate Action Summit in September, Prime Minister…


Shell invests in African microgrid developer PowerGen Renewable Energy

PowerGen Renewable Energy (PowerGen), a company that develops, manages and supports micro-utilities in Africa, announced that it received Series B investment from Shell New Energies, as well as Omidyar Network, Acumen, Renewable Energy Performance Platform (REPP), EDFI ElectriFI, Sumitomo Corporation, DOB Equity, and Micro-grid…

I am happy that Shell will be supporting the next chapter in PowerGen’s exciting journey towards meeting the electricity needs of more African customers. The firm is a key part of our growing energy access business as we move towards Shell’s ambition to provide a reliable electricity supply by 2030 to 100 million people in the developing world.

Brian Davis, Shell VP Energy Solutions

Pune has stolen a march over other cities in India’s rooftop solar energy race

A non-metropolitan city in western India has emerged as a winner in rooftop solar energy. Pune, the second-largest city in Maharashtra, has beaten Delhi, Mumbai, and Chennai with its 130 megawatts (MW) of rooftop solar power generation capacity, according to data from Bridge to India, a renewable energy consultancy…

Pune is one of the biggest industrial zones in India. Industrial buildings have rooftop solar adoption because they have higher rooftop area and are also charged higher electricity rates.

Vinay Rustagi, managing director at Bridge to India

Volvo Cars to implement blockchain traceability of cobalt used in electric car batteries

Volvo Cars will become the first carmaker to implement global traceability of cobalt used in its batteries by applying blockchain technology. The announcement follows the reveal last month of the company’s first fully electric car, the XC40 Recharge. Traceability of raw materials used in the production of lithium-ion batteries, such as cobalt, is one of the main…

We have always been committed to an ethical supply chain for our raw materials. With blockchain technology we can take the next step towards ensuring full traceability of our supply chain and minimising any related risks, in close collaboration with our suppliers.

Martina Buchhauser, head of procurement at Volvo Cars

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