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Transforming the Renewable Energy Market with Power Ledger

Power Ledger was founded in 2016 with a vision to improve the efficiency and transparency of energy markets across the world while increasing the adoption of renewable energy. Power Ledger started out with a small demonstration project in Western Australia. We now have active projects globally in places such as Australia, Italy…

Within the space of less than four years, Power Ledger has evolved from a concept to product trials, to signing commercial deals.

Dr Jemma Green, Cofounder & Chairman, Power Ledger

Xinjiang sees rapid development in green energy

URUMQI: Northwest China’s Xinjiang Uygur Autonomous Region has witnessed a leap in green energy development, with the total clean energy installed generating capacity hitting 37 million kW, over 40% of the region’s total installed power-generating capacity. With abundant wind, solar and water resources, Xinjiang had seen an installed generating…

Top global Li-ion battery projects: Tesla grows lead with Hornsdale expansion to 150 MW

The 50-megawatt expansion of what is already the world’s largest lithium-ion battery, the Hornsdale Power Reserve in Western Australia with batteries from Tesla, has completed its network connection, according to independent power producer Neoen Australia. Hornsdale Power Reserve, the world’s biggest operational lithium-ion battery, abuts the 315…

COVID-19 Pummels Energy Demand, But Energy Analytics Companies Are Still Looking Up

In March 2020, we witnessed the clean energy sector shed over 100,000 jobs, erasing a year of gains. Despite an already sizable hit, some estimates show that it’s only getting worse; by the time summer comes around, we could lose up to 500,000 jobs. It’s not just jobs at stake either—it’s companies too. Even the largest energy companies are struggling to stay…

Bank of America Is Now Hiring in Blockchain, Not Just Filing Patents

The second-largest U.S. financial institution has begun hiring for blockchain positions. The job openings, which appeared in current months, are the primary indicator that Bank of America plans to do a lot else with the expertise other than 78 blockchain-related patents the financial institution has filed or received up to now. The Charlotte, N.C.-based…

This Startup Has Pulled Off Japan’s First Manned Multi-rotor Flight

Japan’s eVTOL market is led by a company known as Cartivator. Cartivator started off as a side project by a group comprised of Toyota employees and was funded by Toyota to the tune of $354,000. This is the same group that created the NEC’s air taxi concept last year and now its spinoff SkyDrive has published a picture of what it is claiming to be the very…

Can Sub-Saharan Africa Achieve Sustainable Access To Energy For All By 2030?

In 2019, the global population without access to electricity dipped below 1 billion for the first time. This progress has however been uneven, both across and within different regions. A new IIASA study shows that to ensure universal access to affordable, reliable, and modern electricity services by 2030 in sub-Saharan Africa, the pace of…

Another important objective was to form a clearer picture of the inequality in the recent progress in electricity access, both at country-level and sub-nationally. The most innovative part of our work, however, concerns the ability to link electricity use to satellite-measured luminosity to define tiers of access based on the World Bank Multi-Tier Framework and enable estimating energy poverty, even where electricity infrastructure is available.

Giacomo Falchetta, a researcher in the Future Energy Program at the Fondazione Eni Enrico Mattei (FEEM) in Italy

Abu Dhabi Islamic Bank makes landmark transaction on blockchain

Abu Dhabi Islamic Bank (ADIB) revealed on Wednesday that it had completed a transaction on TradeAssets, a trade finance marketplace powered by distributed ledger technology. In doing so, the bank became the first Islamic bank to transact on DLT at a time when financial institutions in Islamic nations are steadily building on the technology…

The completion of the first trade distribution transaction using Blockchain by an Islamic bank shows that ADIB is at the cutting-edge of global transaction banking. As the only Islamic bank providing end-to-end Sharia’a-compliant trade financing through digital channels, ADIB is committed to expanding its digital footprint in trade financing and distribution, enhancing the efficiency and productivity of businesses across the region and globally.

Abu Dhabi Islamic Bank (ADIB), head of transaction banking, Haytham Elmaayergi

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