Offshore wind farm

Green Bitcoin Mining Company Iris Increases Its’ Fundraising Round To $40M

Australian data center provider Iris has doubled its fundraising round to $40 million AUD ($30.7 million USD) ahead of its Initial Public Offering (IPO). The company provides data center services for computing applications requiring high performance and efficiency, such as machine learning, genomics and research, rendering and visualization, mining, and more. They do so using…

GE wind turbine

World’s Largest Offshore (853-foot Haliade-X) Wind Turbine Powers Up

The world’s largest offshore wind turbine — the GE Haliade-X has commenced operation in the Port of Maasvlakte-Rotterdam, The Netherlands. The Haliade-X is a wind turbine prototype from General Electric Renewable Energy, and it stands 260 meters (853 feet) tall. The 12 MW (12,000 kW) turbine has a rotor spanning 220 meters (722 feet) and…

Berlin skyline - Bigstock

Renewable Energy Accounted For 44% Of Germany’s Production In October

Renewable energy accounted for a record 44.1% of Germany’s electricity production in the month of October, according to Germany Trade And Invest. The record is partly attributable to winter storms Xavier And Herwart. Wind turbines contributed the bulk of that power, at 82.1 TWh, biomass contributed 40.1 TWh, solar systems contributed 37.5 TWh, and hydroelectric power…

Peer to Peer Energy Markets: The Wave of the Future

We are currently seeing a change in how we produce and sell energy thanks to the emergence of digitization and renewable energy, helping to empower communities and democratize power. The most significant challenges facing this brave new world within the renewable energy space is intermittency. The sun does not shine 24 hours a day, seven…