ENERGY

NFT Platform Voice Celebrates Earth Month By Going Carbon Negative

Ecologi | March 29, 2022

emission News
Voice, the NFT platform for creators, is kicking off Earth Month with a pledge to plant a tree for every NFT created on their platform during the month of April, supporting reforestation efforts that have a long-term impact on rebuilding the Earth's overall health. The pledge is part of the platform's commitment to leading the way in future-proofing Web3 and the creator economy. 

"Every NFT minted on Voice is already carbon neutral, so we're focused on reforestation and moving towards carbon negativity, Building a sustainable NFT ecosystem can't be done only by offsetting.  We must also build a greener future."

- Salah Zalatimo, CEO of Voice.

The month's programming includes partnering with relevant creators and companies on an #ICreateCleanNFTs campaign, and both digital and in person events.

Voice has partnered with Ecologi, a platform for real climate action. Ecologi facilitates the funding of carbon offset projects and tree planting around the world. All trees planted on behalf of the Voice community during April will be transparently viewable on the platform's virtual forest.

"We are delighted that Voice has partnered with us to celebrate Earth Month, pledging to plant a tree for every NFT created on their platform in April, By pioneering the world's first eco-friendly blockchain technology, and by encouraging other platforms to take responsibility for their emissions, Voice's dedication to changing this notoriously energy-intensive industry is remarkable."

- Linda Adams, Head of Partnerships, Ecologi.

Voice is built using EOSIO, the world's first major environmentally friendly blockchain. EOSIO enables low carbon emission blockchain transactions by using a Delegated Proof of Stake consensus algorithm (DPoS), which does not require huge server farms to mine for a solution.  In DPoS, elected block producers (BPs) take turns producing blocks, with no need to solve complex mathematical problems. Therefore, the only carbon footprint created when using DPoS is the power associated with adding blocks of transactions to the blockchain.

Beyond pioneering an eco-friendly technology, Voice supports the Capricorn Ridge Wind Project, a wind generation plant in Texas. The company also partners with Google Cloud to ensure data usage is not just carbon neutral, but carbon negative. (source)

The blockchain industry at large has been widely criticized for its impact on the environment. Voice calls upon fellow platforms and organizations to consider a matching commitment to carbon negativity and to pursuing eco-friendly, sustainable initiatives year-round.

ABOUT VOICE
Voice is an NFT platform that is carbon neutral, easy to use and multi-chain compatible. At Voice, we believe that NFT technology will change the internet by introducing verified ownership to our digital world. We're building a way for creators and communities to be rewarded for their engagement–the way it should be.

ABOUT ECOLOGI
Ecologi is a platform for real climate action and in 2021, the company was established as a certified B Corporation. It facilitates the funding of carbon reduction projects and tree planting around the world. Ecologi provides a simple but powerful subscription service to reverse climate change. To date, the company has planted over 38 million trees on the behalf of its subscribers and funded climate solution projects that have reduced over 1.5 million tonnes of CO2. Their mission is to reduce 50% of global CO2 emissions by 2040 and responsibly plant billions of trees every year.

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ENERGY

Volvo Energy invests in Connected Energy for second life battery business

Volvo Energy | June 17, 2022

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ECONOMY

CATL launches CTP 3.0 battery "Qilin," achieves the highest integration level in the world

CATL | June 23, 2022

On June 23, CATL launched Qilin, the third generation of its CTP (cell-to-pack) technology. With a record-breaking volume utilization efficiency of 72% and an energy density of up to 255 Wh/kg, it achieves the highest integration level worldwide so far, capable of delivering a range of over 1,000 km in a breeze. Focusing on the very nature of electrochemistry, CATL continues its endeavor to push beyond the boundaries of innovations in system structure. In 2019, CATL launched the world's first module-less battery pack CTP, taking the lead in achieving a volume utilization efficiency of over 50%. Together with overall breakthroughs in the core process, algorithm and materials, CATL redefines battery structure design with "Qilin," which is named after a legendary creature in Chinese mythology. Function Integration. In the CTP 3.0 battery, the internal crossbeam, liquid-cooling plate and thermal pad have been integrated into a multifunctional elastic interlayer. It also features built-in micron bridges inside the interlayer, which flexibly accommodate the changes inside the cell, improving the battery reliability throughout its full life cycle. The integrated energy unit, which is composed of the cell and the multifunctional elastic interlayer, builds a more stable load bearing structure perpendicular to the driving direction, thus enhancing the shock and vibration resistance of the battery pack. Reshaping system structure. Powered by its precise computing and AI simulation capabilities, CATL explores the boundaries of battery design involving the battery's full life cycle application scenarios. The ingenious bottom sharing design allows the smart arrangement of various components including structural protection, high-voltage connection and a protective vent for thermal runaway, further increasing the battery capacity by 6%. Meanwhile, the CTP 3.0 battery satisfies the criteria of the battery safety tests required by national standards such as the bollard test. Disruptive Water Cooling Design . By placing liquid cooling functional parts between adjacent cells, the trailblazing large-surface cell cooling technology increases the heat transfer area by four times, cuts thermal control time in half, and supports a hot start in 5 minutes and fast charging in 10 minutes. It enables the cell to cool down rapidly in extreme circumstances, effectively preventing abnormal thermal conduction among cells. Moreover, it has achieved thermal stability and thermal safety for all chemical systems, making it compatible with materials with higher energy density. From the material, cell to system structure, the systematic engineering mindset runs through the whole chain of research and development in CATL. Supported by the above-mentioned technological innovations, the CTP 3.0 battery can increase the energy density to 255Wh/kg for ternary battery systems, and 160Wh/kg for LFP battery systems. With the same chemical system and the same pack size, it can deliver 13% more power than the 4680 battery, accomplishing an all-round improvement in range, fast-charging, safety, service life, efficiency and low-temperature performance. The CTP 3.0 batteries, or Qilin, are expected to be mass produced and come on the market in 2023. From simulated computing in the micro world to artful streamlining inside the battery structure, CATL remains focused on technological ingenuity and independent innovation, aiming to promote the overtaking of fossil fuel vehicles by electric ones.

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SUSTAINABILITY,PRODUCTS

Bridge Investment Group Announces Expansion Into Solar Energy, Partnership With Lumen Energy

Lumen Energy | July 14, 2022

Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) announced the launch of its newest strategy, Bridge Solar Energy Development (“Bridge Solar”), in partnership with Lumen Energy Inc. (“Lumen”).As companies move to decarbonize their operations, onsite renewable energy is increasingly economical. Commercial rooftop solar technology costs have fallen 69% over the last 10 years, while retail electricity prices increased 10% nationally just since 2020; however, onsite commercial solar deployment has remained slow due to complex utility building data, supply chain issues, financing complexities and diverse state-specific incentives. For one-off projects, the unfamiliar process overhead and capital expenditure remain high compared to direct benefits, yet too small for utility-scale investors. Bridge believes that its national footprint and local expertise, combined with Lumen’s data-driven technology, will streamline the analysis and implementation of solar in a high-demand market that has been largely untapped. Only 4.5% of the approximately six million commercial properties in the United States currently have solar arrays, leaving more than 145 gigawatts of onsite solar potential. “We expect Bridge Solar to provide an unmet need for green energy, via the provision of clean energy at a discount to market rates by deploying renewable energy infrastructure equipment on existing buildings, By partnering with Lumen Energy, a leader in the clean energy software and energy project development process technology space, we will offer best in class design, procurement, construction and operation of solar projects on properties owned by Bridge-managed funds and third-party assets.” -John Ward, Chief Executive Officer, Bridge Solar, and Chief Investment Officer, Bridge Office. This unique partnership enables Bridge Solar to evaluate thousands of new property addresses at once, and make decisions in minutes. Building on technology pioneered at U.S. National Labs, Lumen’s technology quantifies the economically ideal “clean energy stack” unique to each property, inclusive of financing and incentives, then automates the deployment process. “We are excited to partner with Bridge on the next phase of growth for Lumen, Together, our scale, precision, and automation allow us to deliver profitable decarbonization with speed and ease. By building solar-powered energy systems on existing buildings, Bridge Solar will utilize unused space to meet the growing demand for green energy, while simultaneously providing owners and tenants a discount to market energy prices.” -Peter Light, Chief Executive Officer of Lumen About Bridge Investment Group Bridge is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $38.8 billion of assets under management as of March 31, 2022. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: residential rental, office, development, logistics properties, net lease and real estate-backed credit. About Lumen Energy Lumen Energy is a leading software platform that empowers commercial real estate owners to profitably select and deploy renewable energy across many properties at once. Lumen Energy’s software fuses supercomputer outputs and energy market data into investment-grade financial models, enabling building owners to easily evaluate which clean energy solutions enhance the value of their buildings. The Lumen platform connects owners with a marketplace of qualified local installers, automating clean energy deployment from start-to-finish.

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PRODUCTS

Enlight to Acquire 525 MW Portfolio of Solar and Wind Projects in Croatia

Enlight Renewable Energy | July 07, 2022

Enlight Renewable Energy (TASE: ENLT) has signed an agreement for the acquisition and joint development of a 525 MW portfolio of renewable energy projects in Croatia, across various stages of development. The portfolio comprises five projects, four of which are solar, totaling 386 MW and one of which is wind, totaling 139 MW. Enlight projects that the projects will commence construction from the end of 2023 through 2025, subject to the successful completion of the development phase for each project.The portfolio is one of the largest and most advanced portfolios of renewable energy projects in Croatia, and will enable Enlight to diversify its activity in Croatia to include significant solar projects, alongside its existing operational high-quality Lukovac wind project. As a member of the European Union, Croatia has adopted a far-reaching National Energy and Climate Plan (NECP) to increase the generation of electricity from renewable sources from 28% to over 36% by 2030 and 66% by 2050. Croatia benefits from one of the strongest solar resources in Europe and untapping the potential of its solar resources will be key to achieving the country's 2030 and 2050 renewable targets. The acquisition also reinforces Enlight's already strong presence across Central and Eastern Europe, where the Company owns a 1.2 GW portfolio of renewable energy projects between Hungary, Kosovo, Serbia and Croatia, including 316 MW of operational projects. Enlight Renewable Energy founded in 2008 and traded on the Tel Aviv 125 Index is 98% publicly held. It is among the Israeli leaders in initiation, development, funding, construction and operation of ventures for generation of clean electricity from renewable energy sources. The company operates in Israel and Europe, benefits from a diverse portfolio of revenue-generating projects that are under construction, leading up to construction and with a signed agreement for the sale of electricity (PPA) with an output of approximately 3,800 MW, approximately 1, 200 MW in advanced development stages and an additional approximately 12,200 MW in various stages of development. The company has a growing revenue pipeline from long-term agreements for the sale of electricity and is also working to expand its footprint in additional clean energy markets and segments.

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