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Smart Energy Empowerment Center to be built by Shanghai Electric, Siemens Energy

Image credit: Shanghai Electric Chinese multinational power generation and electrical equipment manufacturing company Shanghai Electric has signed a collaboration agreement with Siemens Energy to establish a smart energy empowerment center. The smart energy empowerment center will serve domestic and global energy industries. Based on continuously innovated industrial internet digital technology, the Shanghai Electric-Siemens Empower Center is […]

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Smart grid integration of ocean energy project launches in Canada

Image: BMT The Ocean Energy Smart Grid Integration Project has been launched by Canada’s Ocean Supercluster. The Ca$975,000 (US$760,000) initiative brings together a range of partners in ocean innovation to commercialise the integration of ocean energy solutions into communities. The project will develop a single controller that has algorithms for different communities, whereas currently there

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Distributions from Mutual Funds – Paradise Post

his time of year, you might glance at an account statement and see there has been an adjustment. But there may not be any cause for concern. Many mutual funds in December pay shareholders capital gains distributions that they have accumulated throughout the year. Typically, mutual fund companies start making estimates about distributions as early

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Crypto Has Entered Its Fourth Stage Of Adoption, Industry Exec Says

Metal Pay CEO Marshall Hayner mentioned bitcoin’s growing role as an inflation hedge, while early … [+] bitcoin investor Erik Finman sees the asset’s recent price correction as healthy. getty Bitcoin (BTC) had a standout year in the price category last year, rising from $3,870 in March, all the way past its 2017 record highs

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Smart grid infrastructure investments in South America to hit $18.1bn

Led by Brazil, Colombia and Chile, countries in South America will invest $18.1 billion in smart grid infrastructure over the next decade, according to smart infrastructure market intelligence firm Northeast Group. After several false starts, the South American smart grid infrastructure market will finally be an investment destination in the 2020s, states the firm’s 5th

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ARENA funds industry-led clean energy transition initiative

Photo by Chris LeBoutillier from Pexels The Australian Renewable Energy Agency (ARENA) has provided $300,000 in funding towards an industry-led initiative to develop a pathway to reduce emissions. ClimateWorks Australia will use the funding to establish the Australian Industry Energy Transitions Initiative. In partnership with Climate-KIC and research partners CSIRO and the Rocky Mountain Institute,

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Artificial intelligence can enhance natural gas delivery, NARUC reports

Image credit: Stock Artificial intelligence can provide value to natural gas utilities and customers, a National Association of Regulatory Utility Commissioners (NARUC) primer states. The primer from the US regulatory non-profit is aimed to improve awareness of artificial intelligence tools and practices, with a focus on the potential to enhance natural gas utility performance. It

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Global perspectives on cyber threats shift after pandemic wake-up call

Information technology firm Wipro has released a new report presenting the changing perspectives of cybersecurity globally. The 2020 State of Cybersecurity Report explores the impact of COVID-19 on the cybersecurity landscape and provides recommendations of how organisations can improve their resilience to attacks. According to the study, an increasing number of organisations and technology firms

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Estonia utility promises ‘Very High Capacity’ broadband using EIB funds

In Estonia, state-owned utility Eesti Energia has won a €70 million ($79 million) loan from the European Investment Bank (EIB) to deploy a fibre access network. The utility has promised to provide ‘Very High Capacity’ broadband services with download speeds of 1Gb/ps to 266,000 households. More than 47,000 of the households are in areas with

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Amazon announces $2 billion Climate Pledge Fund

Image credit: Stock Amazon has launched The Climate Pledge Fund to support its sustainability strategy and to help other companies to become net-zero by 2040. Amazon’s investment towards The Climate Pledge Fund will boost the development of sustainable technologies and services. Companies from around the world of all sizes and stages, including startups whose products

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