DRIFT Energy Ltd’s Post

Splight has raised $12 million in seed funding for their AI-powered grid operations technology. ⚡️ This round was led by noa (formerly A/O), and included participation from EDP Ventures, Elewit, Draper Cygnus, Draper B1, Ascent Energy Ventures, Fen Ventures, Reaction Global, Barn Investments, and the UC Berkeley Foundation The tech focuses on grid congestion, or the shortage of transmission capacity due to using old management methods. Also known as grid bottlenecks, this can waste up to 40% of renewables. 😮 Splight's technology integrates advanced grid management systems, making it possible to utilize renewable energy more effectively. 👍 What are your thoughts on updating the grid? Share your thoughts in the comments below! 📝 #energytransition #decarbonization #renewables #renewableenergy #technology #startup

Sydney-based startup PV Lighthouse has been awarded AUD 1.97 million by ARENA to further develop its SunSolve Yield platform. This innovative tool provides a digital twin of PV structures and modules, allowing developers to accurately predict annual yields for utility-scale solar projects and assess different weather, locations, and mounting structures. Keith McIntosh, CEO of PV Lighthouse, explained how SunSolve Yield’s physics-based approach answers design questions rapidly, offering unprecedented precision in yield forecasts. This accuracy is crucial for securing project financing and reducing costs. With this funding, PV Lighthouse aims to enhance the platform’s methodology, helping developers and lenders make more reliable forecasts. This is a significant step toward lowering the cost of financing solar projects and accelerating the green energy transition. https://lnkd.in/gzQ9P53J #Renewables #Sustainability #CleanEnergy #EnergyEfficiency #SolarPower

Battolyser Systems has raised €30M to revolutionize energy storage & hydrogen production. Mattijs Slee and his team at Battolyser Systems have secured €30 million in Series A funding, backed by Invest-NL, Global Cleantech Capital, and Innovation Industries. This follows a €40M loan from the European Investment Bank (EIB) last year, signaling massive momentum in the journey to commercialize their groundbreaking hydrogen battery. What sets the Battolyser apart? It’s the world’s first system that both stores electricity and generates hydrogen – providing a unique solution for balancing energy grids and reducing green hydrogen costs. With the ability to store surplus renewable energy from wind and solar farms, the Battolyser is a game-changer, addressing grid congestion and enabling hydrogen production at the lowest power rates. The company is now scaling up, preparing to launch two versions of its latest Battolyser – a 2.5 MW plug-and-play model and a 5 MW modular system – ideal for industries needing hydrogen at scale. As Slee says, "We’re giving renewable energy producers a new market," and the Netherlands is positioned to lead in this critical space. 🌱 Hear Battolyser’s growth story: https://lnkd.in/eN9YDQdr #EnergyInnovation #HydrogenEnergy #CleanTech #EnergyStorage #Startups #DeepTech #FundingNews #CleanHydrogen

📃Over 30 Patents and Scaling up: Ready to Join Flower Turbines' Journey Towards Greater Success? 🌱Flower Turbines has attained over 30 filed and granted patents in multiple countries, underscoring its commitment to innovation in wind energy. These patents safeguard our market development for the next 20 years, Your investment isn't just a financial decision; it's an investment in advancing a cleaner, more sustainable future for future generations. Invest in Flower Turbines today at https://lnkd.in/gmMFhqxA #SustainableInvesting #FlowerTurbines #CleanEnergy #WindEnergy #RenewableEnergy #Innovation #InvestmentOpportunity #invest #windmill #windturbine #GreenEnergy #GreenTech #Green #cleantech #sustainability #microgrids #solar #startups #renewables #renewablepower

📃Over 30 Patents and Scaling up: Ready to Join Flower Turbines' Journey Towards Greater Success? 🌱Flower Turbines has attained over 30 filed and granted patents in multiple countries, underscoring its commitment to innovation in wind energy. These patents safeguard our market development for the next 20 years, Your investment isn't just a financial decision; it's an investment in advancing a cleaner, more sustainable future for future generations. Invest in Flower Turbines today at https://lnkd.in/gmMFhqxA #SustainableInvesting #FlowerTurbines #CleanEnergy #WindEnergy #RenewableEnergy #Innovation #InvestmentOpportunity #invest #windmill #windturbine #GreenEnergy #GreenTech #Green #cleantech #sustainability #microgrids #solar #startups #renewables #renewablepower

This Article. Renewable Energy Startup: Pioneering the Clean Energy Revolution.... #RenewableEnergy #Startup #Energy #EnergyRevolution #BlogArticle #TalentServe TalentServe!!!!!!!!!!!!!!

🌋 Read our blog to learn more about #geothermalenergy trends and innovation fields. Get access to a #marketmap of startups in the geothermal energy market #PNPTCEnergy #RenewableFuture #SustainableTech #openinnovation #renewableenergy

🚀🚀 Let’s do some progress , new updates from StoreNow Energy Platform !!

🚀 🎉 Huge congratulations to our client Fourth Power on securing an impressive $19 million in a series A round! Led by DCVC and with participation from Breakthrough Energy and Black Venture Capital Consortium (BVCC), this funding marks a significant milestone in their journey. 💡The next step? Fourth Power is gearing up to build a prototype facility in Boston, aiming to store the equivalent of 1 megawatt-hour — enough to power approximately 1,000 homes, with anticipated completion by 2026. 🌱🔋 Fourth Power is revolutionizing renewable energy by converting it to heat and storing it for the future. Using liquid tin and innovative thermal battery technology, they transfer heat to carbon blocks at extreme temperatures. This stored energy can then be discharged as electricity through thermophotovoltaic cells, addressing intermittency challenges with renewables. You can find more details here: https://bit.ly/3GRttag #ThermalBattery #RenewableEnergy #Innovation

Wishing all a day of rejoicing and bliss, it’s a day of blessing and peace, it’s a day to reflect and ponder, it’s a day to celebrate together. We at OilXetra Consulting wish you all Eid Mubarak.   #oilandgas #oilfield #oilandgasindustry #oilindustry #oilfieldservices #middleeastenergy #energy #energyindustry #managementconsultancy #managementconsultant #mergersacquisitions #vc #investmentmanagement #newenergy #energytransision #greenenergy #hydrogen Energytransformation #startups #technology #innovation #production #renewableenergy #ai #digitaltransformation #digital #climatechange #decarbonation #environment #renewables #drilling #power #solarpower #windenergy #wind #exploration #digitalization #sustainable #energystorage #alternative energy