Renewable money blog Archives - Page 3 of 13

Hotting up investment in fusion energy

9 October 2023 admin 0

Power generation currently accounts for approximately 30 percent of global CO₂ emissions. To meet the Paris Agreement’s target of full decarbonisation by 2050, the world is increasingly desperate for an abundant source of clean energy and many governments and utilities are shifting away from fossil fuels as their primary energy source and turning to renewable energy technologies to help mitigate the climate crisis. Volatility in the energy markets and geopolitical challenges may have complicated the transition to net zero in the short run, but in the longer run, the economics of renewable energy sources will drive up investment. So, can the energy that powers [...]

Megawatt Mosaic Investor Update

2 October 2023 admin 0

Wind power and solar energy are the most widely used renewable energy sources, but while these sources of power are clean and renewable, they have one main disadvantage — they are not available 100% of the time. Solar power is only available during the day, while wind does not blow continuously. Solar power is, therefore, mostly available when there is less of a need for lighting homes for example. Wind power is a variable resource, and the amount of electricity produced at any given point in time by a given plant will depend on wind speeds, air density, and turbine characteristics [...]

350 PPM Updates: Pyrolysise Ltd Launches SEED Round, Megawatt Mosaic Reports on Development

30 September 2023 admin 0

Two pieces of news from two companies we have been assisting since 2021: Pyrolysise Ltd and Megawatt Mosaic: 2022 Megawatt Mosaic Investor update, Sept 2023 Megawatt Mosaic and our partners have analysed 744 Italian substations. As of 1 April 2023, we have 1.37GWn in grid capacity request, of which 882MWn is grid authorised. We plan to develop the best sites, sell these on at ready to build stage and expand into other European locations.As of September 2023: Our investment in a first wave of projects (five projects totalling 430MWn in Italy) is being divested – this will generate 2.5 times the initial capital investment [...]

350 PPM Updates: ENG8 EnergiCell Q Value Revised Down, Shine Australia One Starts Shares Repurchases, Pyrolysise to Launch

21 September 2023 admin 0

Please see below update on some of the 350 PPM Incubated Opps we are working with: ENG8 (International) Ltd IEP Grupo (www.iep.pt) has revised ENG8’s Energicells Q Value / COP performance down from 6.4 to 2.4 Thermal in their latest test in August. IEP had used the wrong heat capacity in calculating the COP or Q value. This is still up from 1.94 in the previous tests. Our development team had told us that performance had been increased in the AirCell, and as we were expecting a Q / COP value of circa 5 with the Electrical to Electrical EnergiCell, we just [...]

Government announces up to £650 million for UK alternatives to Euratom R&T

7 September 2023 admin 0

The government announced today (Thursday 7 September) that it plans to put in place an ambitious and cutting-edge suite of new, alternative R&D programmes to support the UK’s flourishing fusion sector and strengthen international collaboration, in support of the UK Fusion Strategy. This is following the decision to not associate to the Euratom Research and Training programme (Euratom R&T) and by extension, the Fusion for Energy Programme. To deliver this package the government plans to invest up to £650 million until 2027, subject to business case approvals. This is in addition to the £126 million announced in November 2022 to support [...]

Ground-breaking waste carbonisation plant to eradicate landfill

5 September 2023 admin 0

UK-based business, Pyrolysise, is introducing new waste carbonisation technology with zero toxic emissions as a game-changing solution to reduce greenhouse gases by mining landfill and reclaiming redundant and contaminated land. John Bell, Managing Director of Pyrolysise, said: “Our technology goes way beyond the usual benefits of a waste recycling process and has huge potential for us to address the housing shortage by cleaning up existing landfills near residential areas, enabling the safe re-development of these areas for affordable housing and leisure amenities. “We’re aiming to eradicate landfill sites and create sustainable urban living capable of generating energy, sequestration of carbon and aesthetically [...]

Investing in renewable energy breakthroughs

1 September 2023 admin 0

According to Fortune, nine out of ten start-ups fail. Cold statistics like these are not intended to discourage entrepreneurs, but to encourage them to work smarter and harder. If you ask the experts why start-ups fall short, you might hear about “horses” (that is, the opportunities start-ups are targeting) and “jockeys” (the founders). Both are important, but if forced to choose, most VCs would favour an able founder over an attractive opportunity. Consequently, when asked to explain why a promising new venture eventually stumbled, most are inclined to cite the inadequacies of its founders—in particular, their lack of grit, industry acumen, [...]

ENG8 (International) Ltd – Catalyzed Fusion Achieves Q Value of 2.4 Thermal and 2.0 Electricity

28 August 2023 admin 0

Update from ENG8 below: We have just released their latest video featuring testing by: An Independent Validator It is a not-for-profit organization whose goods are to establish, maintain, and operate laboratories for the investigation of materials, devices, products equipment, constructions, methods, and systems with respect to hazards affecting life and property). In short, it’s one of the largest testing and certification entity, and; IEP Grupo (www.iep.pt) - Headquartered in Portugal The IEP is a technological infrastructure group that supports business fabric, with relevant activities in the areas of Inspection, Laboratory and Metrological Tests, Sustainability and Energy, Consultancy and Training. The summary from the tests (provisionally, as [...]

A step closer to a fusion-powered future

25 August 2023 admin 0

Catalysed fusion specialists at ENG8 International have confirmed the successful validations of two EnergiCells by the Instituton Electrotécnico Português (IEP.pt) in Portugal and an independent validator. Both agencies carried out the independent validation of one EnergiCell that was shown to have a thermal Q factor of 2.4 units of thermal energy out verses electricity in (without the new pulse generator, with the pulse generator the result is Q factor 5+). Another EnergiCell tested by an independent validator was shown to have an electrical Q factor of 2 units of electrical energy out versus electricity in. Valeria Tyutina, CEO at ENG8, said: “Further [...]

Making a meaningful difference to the green agenda

24 August 2023 admin 0

The devasting effects of climate change are being witnessed around the world as we are fast approaching a 1.5°C rise in global temperature – a crucial tipping point after which irreversible damage will be done. To curb global warming, we must reduce greenhouse gas emissions by 43% compared with 2019 levels – taking CO₂ levels from 410 parts per million (PPM) to 350 PPM or below. Yet currently, the combined Nationally Determined Contributions (NDCs), countries’ climate pledges under the Paris Agreement, would mean only a 10% cut in greenhouse gas emissions, putting the world on track for a 2.5°C increase. So, [...]

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