Aspen Creek Digital Corporation | June 23, 2022
Aspen Creek Digital Corporation ("ACDC") announced that its first bitcoin mining center, a 6MW High Performance Computing Center ("HPCC") co-located behind-the-meter with a 10MW solar farm, commenced operations in west Colorado. The project is home to ACDC's self-mining operations. ACDC has also added Galaxy Digital's mining business ("Galaxy Digital") as a bitcoin mining hosting client. For ACDC, the launch of the Colorado facility marks a first step toward standing up 3+ GWs of wind, solar and battery generation by early 2025 across the U.S.
Launched in 2022, ACDC's mission is to catalyze the decarbonization of power generation by creating the world's leading fleet of renewably powered HPCCs. These HPCCs will initially focus on bitcoin mining. Eventually, ACDC will pursue offering sustainable massive computing as a service in the form of low-cost, long-term power purchase agreements with in-house renewable power development partners paired with an innovative business model for designing, co-locating and operating HPCCs "behind-the-meter."
ACDC operates the Colorado data center for self-mining with wholly owned S19 generation miners. Co-located with this project is a 75,000 square foot R&D and fulfillment facility which will serve as a centralized testing, maintenance, storage, and training hub for ACDC's future HPCC infrastructure.
In addition to the operational site, ACDC's current under development bitcoin mining sites are located across Texas. ACDC's second facility, which is on track to be operational this summer, is a 30MW data center capable of hosting 10,000 ASIC miners co-located behind-the-meter with an 87MW solar farm. ACDC's third project is a 150MW data center co-located behind-the-meter with a 200MW solar farm. These projects represent significant additional generation resources for the Electric Reliability Council of Texas (ERCOT), as well as valuable controllable load resources that expand the reach of renewables by stabilizing the grid. ACDC has procured all the necessary long lead-time equipment, including transformers and switching equipment. Permitting and interconnections for both projects are on track for project launch.
"Recent market volatility has demonstrated the importance of our core strategy: controlling power as the principal input in bitcoin mining. ACDC was founded with a simple premise in mind, which is to create a sustainable source of renewable energy to power our operations and put renewables back on the grid. This design enables ACDC to withstand volatility in the bitcoin market and insulate our operations from power market fluctuations. The success of our first project is proof of our concept to substantially lower the cost of energy, the single largest input for bitcoin mining, and to do it sustainably, Our talented team and partners, who bring financial integrity and proven renewable energy expertise, will dramatically improve the sustainability of the industry while building strong partnerships with local communities, delivering carbon transparency, and enhancing grid resiliency."
-Alexandra DaCosta, CEO of Aspen Creek Digital Corporation.
About Aspen Creek Digital Corporation
Aspen Creek Digital Corporation is catalyzing the decarbonization of power generation by creating the world's leading renewable Bitcoin mining operator. The ACDC team pairs financial ingenuity with proven renewable energy expertise to deliver carbon transparency, lower power price volatility and bring new, additional renewable energy resources to the market.
The Green Hydrogen Global Assembly | May 11, 2022
The Green Hydrogen Organisation is excited to announce the first-ever Green Hydrogen Global Assembly and Exhibition, to be held in Barcelona on 17 and 18 May 2022. Press passes are available for the assembly, where major announcements will be made and significant agreements reached to take forward green energy security in Europe and beyond.
The assembly, co-hosted by the Spanish government, comes at a critical moment in history. Energy security is more important than ever, and the recent Intergovernmental Panel on Climate Change (IPCC) report has confirmed the world needs to act fast to stave off climate disaster.
Groundbreaking new initiatives will be launched at the assembly, including announcing The 100 by 2030 Campaign, The Green Hydrogen Standard, The Green Hydrogen Contracting for People and Planet Guidance, The Africa Green Hydrogen Alliance and COP27 Call to Action. Details of these new ambitious programs will be announced at the assembly.
The Green Hydrogen Global Assembly is co-hosted by Spain's Deputy Prime Minister and Minister for Ecological Transition Teresa Ribera, and Green Hydrogen Organisation Chair and former Australian Prime Minister Malcolm Turnbull.
Government speakers include Spanish Deputy Prime Minister Teresa Ribera, Oman's Minister of Energy and Minerals Dr. Mohammed Hamad Al Rumhy, Argentinian Minister of Productive Development Dr. Matias Kulfas, South African Minister in the Presidency Mondli Gungubele, Colombian Minister of Mines and Energy Diego Mesa Puyo, Moroccan Minister of Investment Machine Jazouli, Indonesian Minister of Energy and Mineral Resources Arifin Tasrif, and video addresses from President of Colombia Ivan Duque, U.S. Special Presidential Envoy for Climate John Kerry and China's Special Envoy on Climate Change Xie Zhenhua.
Industry speakers include Plug Power CEO Andy Marsh, Enagás CEO Arturo Gonzalo Aizpiri, thyssenkrup CEO Martina Merz, Acciona Chair and CEO José Manuel Entrecanales, H2 Green Steel CEO Henrik Henriksson, Korea Zinc CEO Yun Choi, ACWA Power CEO Paddy Padmanathan, Fortescue Future Industries Founding Chair Dr. Andrew Forrest, and video addresses from Enel CEO Francesco Starace and Envision Group CEO Lei Zhang.
Speakers from international organisations include International Renewable Energy Agency (IRENA) Director General Franceso La Camera, Energy Transitions Commission Chair Lord Adair Turner, and International Energy Agency (IEA) Renewable Energy Head Paolo Frankl.
The horrors of the Ukraine crisis have brought energy security to the top of the global agenda. Threats to cut off gas supplies and the EU's plans to end oil imports from Russia show the inherent problem with relying on the fossil fuel industry, and now is the time for the world to make a major energy shift into green energy. Dependence on fossil fuels produced in only certain parts of the world is a poor energy strategy, and something that we already have the technology to move away from. The G7 announcement that global leaders are committed to phasing out dependency on Russian oil and gas shows the urgency of our need for green energy.
The dire IPCC report shows how pressing an issue switching to green energy is. The report said it is "now or never" for climate change.
Green hydrogen is the solution the world needs, both in energy security, and in shifting to cleaner, greener energies in order to save our world and our environment.
The assembly is bringing the right people together at the right time and several initiatives will launch to take green hydrogen to the next level including the new Green Hydrogen Standard.
It is likely that the European Commission's REPowerEU action plan and the contentious Delegated Act on additionality will both be adopted on 18 May during the assembly which will provide a crucial backdrop to the event.
The Green Hydrogen Global Assembly and Exhibition offers an important and unprecedented opportunity to discuss these issues in detail and provide global leadership on addressing the dual challenges of climate change and energy security.
Accela | May 09, 2022
Accela®, the trusted provider of cloud solutions for government, today announced that the online solar permitting platform launched in partnership with the U.S. Department of Energy's (DOE) National Renewable Energy Laboratory (NREL) SolarAPP+ (Solar Automated Permit Processing Plus), was selected by Fast Company for its World Changing Ideas Award 2022. The Fast Company World Changing Idea Awards™ honors products, concepts, companies, policies, and designs pursuing innovation for the good of society and the planet. Awardees are selected by a group of leading designers, venture capitalists, thinkers, entrepreneurs, and Fast Company editors based on their impact, innovation, design, creativity, ingenuity, and scalability.
"Accela is honored to be recognized for our efforts with the National Renewable Energy Lab to improve solar permitting," said "SolarAPP+ was created to make solar energy more accessible and affordable for residents. A year later, communities have already saved thousands of dollars and hours, and more solar panels are on roofs across the United States. We are excited to continue to build on this momentum, and help our communities create future-ready environments."
-Tom Nieto, chief operations officer at Accela.
In April 2021, the NREL partnered with Accela to launch an instant solar permitting solution to make solar more affordable and accessible through Accela's Civic Application for Building. The solution dramatically reduces the solar permitting timeline from two weeks to instantaneous in some jurisdictions, automates the permit review process with assured compliance, provides virtual inspection options, and supports growing job opportunities in the field.
In one year, 5,000 permits and more than 31,300 kilowatts of energy have been approved through SolarAPP+, showing the value of modern government technology in helping communities deliver better experiences to residents and become more efficient.
"The success of this partnerships shows automating clean energy technology permitting is not the way of the future it is here today. With projects being installed approximately 10 days faster, it is resulting in a win-win-win for local governments, homeowners, and contractors, We look forward to our continued partnership with Accela as more and more communities turn to SolarAPP+ to meet their permitting and clean energy objectives."
-Dr. Jeffrey J. Cook, NREL's SolarAPP+ Project Lead.
SolarAPP+ demonstrates how partnership between technology platforms and the government can address emerging needs and challenges. California State Senator Scott Wiener is sponsoring legislation to require instant, online solar permitting – including SolarAPP+ as a key component in this effort. Additionally, Energy Secretary Jennifer Granholm is calling on mayors to adopt SolarAPP+ for all residential solar panel permitting. As the latest Intergovernmental Panel on Climate Change (IPCC) report found, wind and solar energy are now cost-competitive to coal and natural gas. This partnership is key to addressing upfront costs and bureaucratic gridlock that still slow down the transition to renewable energy.
Accela is trusted by 80 percent of the United States' largest cities and benefits more than 275 million residents and businesses globally. With Accela's unified platform and suite of cloud-based solutions, governments are empowered to respond to evolving community needs, increase efficiency, and ensure resilience. To learn more about Accela's solutions, please visit https://www.accela.com/solutions/.
Accela provides a unified suite of cloud solutions trusted by governments across the globe to accelerate their digital transformation, deliver vital services, and build stronger communities. More than 275 million citizens globally benefit from Accela's government software solutions, which offer both the speed and agility of purpose-built solutions, and the power of a platform that delivers a consistent user interface, shared data across departments, endless configurations for unique regulatory needs, and world-class security. With Accela, government agencies experience rapid and effective digital transformation. Accela's government software meets agencies wherever they are on their modernization journey, while also helping them prepare for whatever comes next. The company is a 2021 Microsoft US Partner Award winner for its innovative SaaS solutions to help governments respond to the COVID-19 pandemic and was named as one of the Largest East Bay Tech Employers by San Francisco Business Times. Accela is headquartered in San Ramon, California, with offices around the world.