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New Zealand: Powerco to trial wireless power transmission technology

The Emrod technology works by utilizing electromagnetic waves to safely and efficiently transmit energy wirelessly over vast distances. The prototype received some government funding and was designed and built-in Auckland in cooperation with Callaghan Innovation. According to a company statement, New Zealand’s second…

Energy generation and storage methods have progressed tremendously over the last century but energy transmission has remained virtually unchanged since Edison, Siemens, and Westinghouse first introduced electric networks based on copper wires 150 years ago.

tech entrepreneur Greg Kushnir

All systems go for launch of China’s DCEP digital currency

The launch of China’s Digital RMB, or DCEP, appears to be just around the corner. During the past week, large-scale testing of DCEP wallets took place at major state-owned commercial banks in Shenzhen with multiple functions and features being put through their paces to prepare the infrastructure for launch. According to reports from Jingji21…

Green energy future starts right now

Recent international media headlines have been touting the potential of hydrogen in solving some of the key issues in the development of renewable energy (RE) and the goal of decarbonization of emissions. The Wall Street Journal calls hydrogen the “new wonder fuel”, while the BBC refers to it as a “tech revolution. Meanwhile, Forbes believes it to be…

Although hydrogen itself is clean fuel, its production can be an issue. Almost 95 per cent of current hydrogen production is from natural gas, which leaves a carbon footprint.

Senior Energy Economist at ERIA Han Phoumin

Tesla Energy tests the waters for possible expansion in Germany

Tesla is reportedly looking to expand its line of clean energy products into the German market. The electric automaker and clean energy generation and storage company is considering an entrance into the German electricity sector with a tariff that would save owners money while utilizing at-home EV charging points. Additionally, Tesla is surveying…

EEStor enters into Letter of Intent to Acquire Green NH3

EEStor Corporation (TSX.V: ESU) (“EEStor”), is pleased to announce it has entered into a letter of intent, dated August 6, 2020, pursuant to which it proposes to acquire all of the outstanding share capital of Green NH3 Inc. (“GREEN NH3”). Based in Georgetown, Ontario, Canada, GREEN NH3 is a private company involved in research, development and…

CEFC to shift focus from renewables to grid, hydrogen projects

The Clean Energy Finance Corporation (CEFC) has reported a successful year with new investment commitments of more than $1 billion across 23 clean energy projects with a combined value of $4.2 billion. Despite the challenging economic environment and the disruption of the Covid-19 pandemic, the Australian government’s green bank has…

While our annual rate of new investments in 2019-20 slowed compared with previous years, we remained an active investor in the year. New CEFC investment commitments in 2019-20 attracted an additional $3 billion in additional investment, further magnifying the impact of our finance.

CEFC CEO Ian Learmonth

Clean energy innovation Is unlocking private venture capital

Energy sector innovation and broader efforts to address climate change should resemble the best of the tech startups in the United States: fast; disruptive; exciting; and good for consumers. But the complexity of building and distributing hundreds of megawatts of power isn’t the same as downloading a new app on your phone…

Congress should alternatively prioritize RD&D, regulatory reform and innovative financing constructs. Financial policy could include tax credits that catalyze nascent technologies.

Mercedes-Benz and CATL enhance battery partnership

Mercedes-Benz and CATL (Contemporary Amperex Technology Co., Limited) announced an enhanced partnership in the field of battery technology. The electric luxury sedan Mercedes-Benz EQS will launch next year equipped with CATL cell modules, delivering a WLTP range of more than 700 km (435 miles). Mercedes-Benz and CATL…

We intend to lead in battery technologies, so we are now combining our own research and development expertise with bold partners. We will integrate cutting-edge battery systems to create luxury cars with outstanding range, charging speed, safety and sustainability.

Markus Schäfer, Member of the Board of Management of Daimler AG and Mercedes-Benz AG

Yotta Energy’s PV panel-level energy storage tech adds Murata battery cells

Murata Electronics announced a collaboration with Yotta Energy to brings Yotta’s panel-level energy storage vision one step closer to commercialization. Yotta’s PV-Coupled technology includes the SolarLEAF, a panel-level solar storage solution that addresses the main barriers that have prevented mass adoption of solar plus energy storage…

Our patented thermal technology ensures that Murata’s FORTELION cells stay within an optimal working temperature even under extreme weather conditions. Additionally, Murata’s FORTELION cells showed no signs of flaming when tested to UL 9540A, which is a key differentiator for our PV-Coupled technology.

Yotta Energy CEO, Omeed Badkoobeh

IOTA chosen by EU as key innovator in funding programme

IOTA has already participated in numerous funding programs for the research and further development of the Internet of Things and its possible use in the free economy and industry. More and more companies recognize the potential of the IOTA tangle and are piloting this new innovative technology in their own business processes…

Tender Announced for a Battery Energy Storage System in South Africa’s Western Cape

Eskom Holdings SOC Limited, a South African power utility, has floated a tender for a battery energy storage system (BESS) with a minimum of 80 MW/320 MWh usable capacity at South Africa’s Skaapvlei substation, in Western Cape, Vredendal. The scope of work includes the design, engineering, supply, construction, testing, and…

Goldman names new head of digital assets in bet that blockchain is the future of financial markets

Goldman Sachs is renewing its push into Wall Street’s digital future. The firm made Mathew McDermott, a managing director who ran the investment bank’s internal funding operations, its new global head of digital assets last month, CNBC has learned exclusively. The appointment means the newest face of blockchain and cryptocurrency on Wall Street…

In the next five to 10 years, you could see a financial system where all assets and liabilities are native to a blockchain, with all transactions natively happening on-chain. So what you’re doing today in the physical world, you just do digitally, creating huge efficiencies. And that can be debt issuances, securitization, loan origination; essentially you’ll have a digital financial markets ecosystem, the options are pretty vast.

Mathew McDermott, new global head of digital assets, Goldman Sachs

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