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Elon Musk invested $1.5 billion in Bitcoin and a big spike has been seen in this digital currency. One of the reasons behind rising cryptocurrency use in transactions of varied nature is the way it is presented in the society. It is digital and exists in a database, where it is stored after being generated with the use of computing processors which require electricity to run. Geothermal power in Iceland and Hydropower has already been proven beneficial in crypto mining and solar energy can be beneficial for the same at locations where the sun shines well.

Pivot Energy secures $450 million to power 300 MW of solar projects, boosting community initiatives and commercial deals across nine states. A green future is on the horizon!

The objective of the MoU is to collaborate and formalize a long-term strategic partnership for the release of Energy Vault's EVx ™ gravity-based energy storage technology and software solutions based upon the outcome of a joint feasibility study.

Servotech Power Systems files 2 patents for innovative energy management technologies to optimize grid service, channel renewable energy into BESS and develop EV charger rectifier units, paving the way to a sustainable energy future.

FuturaSun commits to an overall financial investment of EUR 25 million over the next few years in the new facility. The new HQ will have R&D center, a huge test-field, a PV Academy and also a training center to recreate the proficiency of sector specialists.

Solestial Inc secures $1.2M to revolutionize space solar tech with rapid, ultralight silicon cells, slashing satellite power system lead times.

Swansea Bay Tidal Lagoon kicks off with a 3-MW solar phase, securing early revenue and validating grid connections to de-risk its landmark Welsh renewable energy development.

Apraava Energy secures 250-MW solar project in Rajasthan through e-reverse auction, with a 25-year power purchase agreement. Construction to be completed within 24 months.

Vena Energy and Rept Battero partner to provide Indonesia with sustainable, efficient and stable clean energy, creating jobs, reducing carbon emissions, and expanding the renewable energy sector. 8GWh hybrid megaproject in the Riau Islands part of larger green energy transformation journey.

Ameresco has partnered with Silicon Valley Power to build a 50MW BESS, providing 200MWh of capacity and helping integrate renewable energy sources. The 25-year agreement with Santa Clara will begin construction mid-2024 and be operational by 2025, helping reduce congestion, regulating voltage/frequency and balancing generation/consumption. Ameresco is assisting cities in achieving their renewable energy goals.