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.
Envision Digital | July 14, 2022
Envision Digital, the largest manager of renewable energy in the world with over 400 GW under management and the creator of the EnOS ™ net zero platform, today announced it has completed the acquisition of QOS Energy, a global leader in the fast-growing renewables Asset Performance Management (APM) category. The acquisition supports the growth plans of Envision Digital as the worldwide demand for energy transition solutions continues to accelerate across all industries.
QOS Energy is a leading energy management software supplier to the Commercial & Industrial (C&I) market segment and has a strong presence in solar energy in Europe, the US and India, with a client portfolio totaling more than 10GW across 8,000 power plants.
As part of the acquisition, the companies will integrate QantumTM, QOS Energy's cloud-based energy management solution, into Envision Digital's product line to enable the company to provide end-to-end support for renewable energy performance management and control, and to better serve clients with small and medium distributed energy systems.
With the addition of Qantum, the EnOS platform provides comprehensive end-to-end support for the net-zero initiatives of all industries and sizes of organisation and government. EnOS capabilities span not only renewable energy management, but also buildings, factories and transportation system optimisation, EV charging systems, compliance reporting, energy trading, and carbon offset market engagement.
All existing QOS Energy customers will continue to be supported by the QOS Energy team, augmented by Envision Digital's global support and security operations.
With this acquisition, which has received FDI approval by the French government, Envision Digital will increase research and development investment in QOS Energy's platform and French-based research and development team, and expand the market for QOS Energy solutions in Asia and the Americas.
"QOS Energy has built a robust solution that its customers depend on to manage their renewable energy programs. By adding QOS Energy's solution to our portfolio, we can provide a truly end-to-end solution for renewable energy management and better support renewable energy producers of all sizes to accelerate our net zero mission. We are impressed by QOS Energy's team and processes and their understanding of the needs of the global C&I market and look forward to working together."
-Maher Chebbo, Managing Director Europe, Envision Digital
Franck Le Breton, Co-Founder and CEO of QOS said: Constantly adapting to the rapidly changing needs of our customers is an essential part of our approach. Joining Envision Digital will allow us to redouble our efforts and accelerate the development of value-added features to better serve our customers in making data-driven decisions at the right time to maximize their asset portfolio performance. Combining the flexibility of our solution with the EnOS ™ platform's AI and IOT capabilities will bring a decisive advantage to the market we address. We look forward to joining the Envision Digital family.
About Envision Digital
Envision Digital is committed to becoming the world's leading net zero technology partner for enterprises, governments, and cities, with the goal of accelerating progress towards carbon-free energy and improving quality of life for all of humanity. The company's EnOS net zero platform manages over 220 million devices and 400 Gigawatts of electricity, powering highly configurable, end to end IIOT solutions that use AI to reduce carbon emissions and costs, improve return on capital, and simplify reporting and compliance.
The company has over 1000 employees and 14 offices across the United Kingdom, France, Germany, Spain, the Netherlands, Norway, Malaysia, Thailand, China, Japan and the United States, with headquarters in Singapore. For more information, please visit www.envision-digital.com/.
About QOS Energy
Founded in 2010, QOS Energy developed QantumTM, a flexible cloud-based solution that provides customers with advanced features for optimal data-driven decision making. With over 8000 plants under monitoring totaling 10GW and more than 10 million of sensors, QOS Energy is dedicated to delivering superior returns to our clients by maximizing revenue, optimizing contractual KPIs, reducing operational expenses, and minimizing downtimes.
Headquartered in Nantes, France and operating in 23 countries, the company works alongside leading renewable organizations in both Commercial & Industrial and mid-size utility scale segment of Renewable Energy market.
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.