Amazon Web Services Announces Three New Green Energy Projects To Power Its Data Centres

Data Economy | April 09, 2019

The Ireland, US and Sweden wind energy initiatives promise to generate over 670,000MWh of clean energy every year once the projects are complete. Amazon.com (Nasdaq: AMZN) has announced three new renewable energy projects in Ireland, Sweden and the US as part of its long-term goal to power all Amazon Web Services (AWS) data centres with 100% renewable energy. The projects will deliver wind-generated energy that will total over 229MW of power, with an expected generation of over 670,000 megawatt hours (MWh) of renewable energy annually. In 2018, AWS says it exceeded 50% of renewable energy for its global infrastructure. Once complete, these projects, combined with AWS’ previous nine renewable energy projects, are expected to generate more than 2,700,000MWh of renewable energy annually, said Amazon. This figure is the equivalent to the annual electricity consumption of over 262,000 US homes, which is around the size of the city of Nashville, Tennessee, said the firm.

Spotlight

The UK energy market has just started to experience a shift towards renewable energy sources. This trend has been promoted by the binding carbon targets and the EU’s 2020 renewable energy targets for the UK. In this context, some green energy projects are already operating, others are under construction, and many more planned in the UK.

Spotlight

The UK energy market has just started to experience a shift towards renewable energy sources. This trend has been promoted by the binding carbon targets and the EU’s 2020 renewable energy targets for the UK. In this context, some green energy projects are already operating, others are under construction, and many more planned in the UK.

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INDUSTRY UPDATES

Vestas Launches 15 MW Offshore Wind Turbine

Vestas | February 11, 2021

Vestas announced designs for a 15 megawatt (MW) seaward wind turbine on Wednesday, with the Danish firm wanting to introduce a model one year from now prior to sloping up creation in 2024. As per the Aarhus-settled organization, the monster V236-15.0 MW turbine will actually want to create about 80 gigawatt hours out of every year. This, it claims, would be sufficient to control roughly 20,000 European family units, saving more than 38,000 metric huge loads of carbon dioxide all the while. Vestas is the furthest down the line organization to push forward with the improvement of a sizeable seaward wind turbine. GE Renewable Energy's Haliade-X can be arranged to 12, 13 or 14 MW, while Siemens Gamesa Renewable Energy is chipping away at a 14 MW turbine which can likewise be helped to 15 MW whenever required. As innovation has created, the size of wind turbines has expanded. In a new report, industry body WindEurope said the normal appraised limit of turbines introduced in Europe a year ago was 8.2 MW, a 5% expansion on 2019. Limit alludes to the greatest sum a turbine can deliver, not really the thing it is presently producing. Wednesday likewise saw Vestas discharge its yearly report for 2020. The firm said its benefit for the year came in at 771 million euros ($934 million), somewhat better than the 700 million euros it detailed for 2019. Vestas' income in 2020 hit 14.8 billion euros, a 22% expansion contrasted with 2019.

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ECONOMY

CerraCap Ventures invests in soil microbiome focused AgTech firm Solena AG

CerraCap Ventures | June 13, 2022

CerraCap Ventures, a Global Venture Capital fund headquartered in Southern California, has announced an investment in Solena AG, a soil microbiome startup helping farmers improve agricultural yields and optimize agrarian input costs. Solena's proprietary, AI-powered Prometheus platform is the most extensive soil microdata repository in the world that turns diagnostics data into insights and customized microbial inoculant recommendations. Solena analyses the soil biome, identifies shortcomings and recommends custom microbial inoculants to help farmers maximize the crop quality and, hence, their RoI and profitability. Solena has covered 500 acres in California and Mexico and aims to focus on select high-value crops and global expansion next. On the investment, Ritesh Agarwal, Partner, CerraCap Ventures, said, "CerraCap has an established track record of supporting high potential B2B startups usher in the next wave of digital innovation. Solena AG, with its competent leadership team and CEO Irving Riviera, are on a mission to help the agriculture industry solve an imminent soil crisis. Their customized approach to helping a large cross-section of farmers improve their output and quality is unique and harnesses the potential of modern technology for scale. Their pilots on high-value crops and the high repeat action of farmers before each crop cycle are great indicators of their analytical prowess and tangible value provided to farmers. We are optimistic that Solena and CerraCap will be able to greatly impact the need to provide global food security ten years in the future." The agricultural industry is facing multiple challenges, like the dependence of certain crops on fertilizers and pesticides, the exhaustion of aquifers, the pollution resulting from these activities, and the increasing demand for food products versus the decrease of returns due to climate change. The market demand for corrective soil action is primarily on account of the over-exploitation of soil by farmers and using a one-size-fits-all approach. The company measures, appraises and improves farmers' biological capital and offers a sampling kit to provide measurement and valuation results for the soil, enabling farmers to access tools to achieve a sustainable and environmentally friendly approach to current-day agriculture. Welcoming CerraCap Ventures on this mission-critical journey, Irving Riviera, Co-Founder and CEO of Solena AG, said, "We are tackling the constant degradation of the very foundation of agriculture, the soil. We hope they can reduce their dependence on inorganic chemicals and pesticides by empowering farmers and agricultural organizations to improve their soil health. Our approach is simple, affordable and yet impactful. By collating the world's largest data set of the soil microbiome, we are confident that we can achieve scale and positively impact farmers globally. By making agriculture harmonious with nature, we will help farmers raise profits while improving the quality of food we eat every day. Solena's proprietary Prometheus data mining platform is an ever-growing biorepository that turns data into insights driving molecular soil health diagnosis and developing customized microbial-based bio-inoculants. Farmers receive a personalized recommendation to improve crop profitability through a functional characterization, biocontrol activities in soil, and production of solutions specifically tailored for each farm and crop type and before each crop cycle. Solena will expand its reach of soil testing centers, bolster team composition and improve R&D capabilities with this latest round of funding. About CerraCap Ventures CerraCap Ventures, a Global Venture Capital fund headquartered in Southern California, is dedicated to early-stage technology investments in enterprise (B2B) solutions focused on the new fundamentals of the digital age - Enterprise AI, Cyber Security and Healthcare. It enables rapid growth of technology startups leveraging its unique Sales & Scale™ business model, driving revenue from large enterprises into its portfolio companies. For more details, please visit www.cerracap.com About Solena AG Solena AG, Inc. is an Agtech company dedicated to studying the microbiome of agricultural soils to increase farmer profitability with a customized and end-to-end solution for improving soil microbiota. Founded in 2017, Solena aims to prove that innovation and technology can empower farmers to bring health and fertility to their soils through understanding their biodiversity.

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SOLAR+STORAGE

Risen Energy expands Power Purchase Agreement with BHP to further cut Nickel West's emissions

Risen Energy | August 23, 2021

Risen Energy has expanded its 10-year renewable power purchase agreement (PPA) for their Merredin Solar Farm from 20MW to 50MW of electricity to BHP's Nickel West operations. Commencing on 1st August, the additional 30MW will be directed to BHP Nickel West's Kalgoorlie Smelter and reduce the smelters Scope 2 emissions by 30%. This follows the initial 20MW which will be directed to BHP Nickel West's Kwinana Refinery and will cover up to 50% of its electricity use with solar power generated by Risen Energy's Merredin Solar farm. BHP Nickel West Asset President, Jessica Farrell said, "Increasing our offtake from 20 to 50 per cent from the Risen solar farm will enable us to reduce our emissions from electricity use at the Kalgoorlie Nickel Smelter by 30 per cent. This is another example of the steps we are taking to reduce emissions across our operations - 30 per cent by 2030 and net zero by 2050. Sustainable low carbon nickel is essential for our battery and electric vehicle customers." Eric Lee, Risen Energy Australia's Executive Director, said: "We appreciate the trust BHP Nickel West has placed in us and Merredin Solar Farm and we are grateful for the opportunity to further provide clean energy for their operations. This collaboration demonstrates Risen's position as an industry-leading solar energy solutions provider and it is also a significant step for us as we work towards establishing more clean energy collaborations with reputable organisations committed to Australia's efforts to decarbonise". Mr Lee added that Risen has a few projects in the pipeline and that the organisation is well on track to achieve their goal of being a leading developer in solar and battery energy storage solutions. As part of this goal and also their long-term goal of achieving '2GW' in Australia, Risen has been developing and improving their in-house expertise to respond to the evolving needs of the market and improvements in technology, especially in relation to hybrid solar and BESS projects.

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