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ENERGY

Veritone | December 07, 2021

Veritone, Inc., creator of aiWARE, a hyper-expansive enterprise AI platform, announced that it has joined the Smart Electric Power Alliance (SEPA) and the Utility Analytics Institute (UAI), leading industry organizations focused on the transformation of utilities. As a member, Veritone will add its strong AI leadership and deep machine learning expertise to help utility decision-makers solve complex challenges resulting from the rise of renewable energy sources, new legislation, climate change, ...

Ping Services | July 20, 2020

Adelaide startup Ping Services, which is developing “world-first” IoT to monitor wind turbines and warn of blade damage, has secured $1.3m in seed funding round led by Australian venture capital fund Artesian. The round brings Ping Services’ total funding to $2.2m and adds to private investor and government investment from the Australian Government’s Accelerating Commercialisation Grant and the South Australian Research, Commercialisation and Startup Fund. Ping Services s...

Economic Times | February 21, 2020

The Federal Energy Regulatory Commission on Thursday issued a suite of orders that will require subsidized energy storage and renewable power resource providers to meet a price floor in New York state's capacity market, making it harder for them to compete with fossil fuel plants. The move, which environmental groups said effectively bolsters fossil fuel generators by forcing renewable resource providers to pay a premium in the capacity market, follows a similar FERC order in December that appli...

Visa | January 15, 2020

Financial-services giant Visa says it has met its goal to use 100% renewable electricity by 2020 across its 131 offices in 76 countries and four global processing centers. Since setting the renewable goal in 2018, Visa V, +1.91% pursued a sustainable mix of renewable energy sources such as solar and wind. Globally, the average costs to generate electricity from solar photovoltaic and onshore wind both declined 13% year-on-year in 2018, according to the International Renewable Energy Agency.“At...