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Helion raises $2.2B to commercialize fusion energy

TechCrunch

Helion Energy , a clean energy company committed to creating a new era of plentiful, zero-carbon electricity from fusion, today announced the close of its $0.5 Animation courtesy of Helion Energy. “Some projects in the fusion space talk about heat, or energy, or other things. Image Credits: Helion Energy.

Energy 363
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Microsoft’s climate fund backs sustainable jet fuel company Dimensional Energy

TechCrunch

The increasing need to reduce carbon emissions drives many industries, including airlines and transportation, to seek sustainable alternatives to meet emission reduction targets and fulfill corporate social responsibility commitments.

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Corporate sustainability initiatives may open doors for carbon offset startups

TechCrunch

As the companies look for ways to reduce their energy consumption, they’re turning to carbon offset programs as a stopgap measure until the energy grid decarbonizes, they implement technologies to reduce their energy consumption, or both. Which brings us back to Deloitte and Delta and startups.

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AES enlists AI to boost its sustainable energy business

CIO

American utility and power company AES launched a renewable energy program in mid-2022 that is not only reducing its carbon footprint but adding wealth to its coffer. Not bad for a sustainability initiative designed to reduce the $12.7B To achieve that, the Arlington, Va.-based million in its first year, contributed a $5.5

Energy 193
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AI as a catalyst for ESG: Empowering CIOs to drive sustainable innovation

CIO

However, concerns about their energy consumption and environmental impact have raised questions about their compatibility with ESG objectives. This article delves into the transformative potential of AI, genAI and blockchain to drive sustainable innovation.

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Energy Dome uses CO2 for long-term power storage for solar energy

TechCrunch

Longer-term energy storage is a drag, and a lot of battery tech has been focusing on “how quickly can we charge these batteries so I can drive my EV for another couple of hundred miles.” The heat is stored in a thermal energy storage device.

Energy 248
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Energy leader Petrobras sails toward sustainability with new supply chain solution

CIO

Brazilian oil, natural gas, and energy corporation Petrobras ’ longtime mission has been to be the best in its field in terms of value creation with an emphasis on environmental responsibility. You can read their Innovation Awards pitch deck for complete details.

Energy 185