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decarbonization

ABB introduces ‘battery energy storage systems-as-a-service’

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ABB has launched its new “Battery Energy Storage Systems-as-a-Service” (BESS-as-a-Service) – a flexible, zero-CapEx solution designed to accelerate the shift to clean, resilient and affordable energy.

BESS-as-a-Service is the first in a range of next generation service models being developed to remove the barriers to clean technology adoption and accelerate industries’ transition to net zero.

With demand for energy storage expected to surge, ABB’s BESS-as-a-Service offers companies a turnkey path to energy independence and sustainability. [Read more…] about ABB introduces ‘battery energy storage systems-as-a-service’

On the road to decarbonization: The importance of the electric arc furnace route in steel production

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The steel industry is facing an epochal challenge: decarbonization. With growing pressure to reduce greenhouse gas emissions and the need to mitigate climate change, steel manufacturers must find alternative ways to make their production more environmentally friendly.

In this context, the electric arc furnace route is becoming increasingly important and promises a more sustainable future for the steel industry.

Traditionally, steel has mainly been produced by the blast furnace route, which is based on smelting iron ore with coke. However, this process is extremely energy-intensive and results in significant CO2 emissions. In response, the Electric Arc Furnace (EAF) route has gained popularity in recent years.

[Read more…] about On the road to decarbonization: The importance of the electric arc furnace route in steel production

BrainBox AI receives $20 million investment from Québec Government and ABB. Then decides to buy ABB business unit

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BrainBox AI, a developer of autonomous building technology, has raised $20 million to support the continued development of BrainBox AI’s decarbonization technology and its global commercialization efforts.

The company raised the funds from the Government of Québec, the lead investor for 10 million US dollars; and ABB, a returning lead investor and global partner to BrainBox AI.

Sam Ramadori, CEO at BrainBox AI, says: “We are grateful for this significant investment from the Québec Government and ABB. Having their support propels our mission to provide commercial real estate owners and retailers around the globe with a scalable and impactful decarbonization tool. [Read more…] about BrainBox AI receives $20 million investment from Québec Government and ABB. Then decides to buy ABB business unit

Nauticus Robotics presents at United Nations’ sustainability event

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Nauticus Robotics, a developer of ocean robots, autonomy software, and services to the marine industries, today announced that founder and CEO Nicolaus Radford was scheduled to be speaking at an event on December 1, 2022, at the United Nations Headquarters in New York City.

The UN event is called “Energy Transition Industries: Solutions to Achieving SDG’s – How Renewable Energy Can Combat Inflation in Emerging Nations”.

The event will feature presentations from industry-leading companies helping to implement technologies and solutions towards achieving UN Sustainable Development Goals. [Read more…] about Nauticus Robotics presents at United Nations’ sustainability event

Companies and Climate Change: The Interrelation

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Globalization has brought in a drastic shift in the preferences, choices, and tastes of the people. With a vast range of options available in almost every sector of society, people have an option to pick and choose according to their convenience.

However, amidst all these progressions and advancements, it is imperative to remember that all the goods and resources that we use in our daily lives are a product of different manufacturing industries.

Since the demands and expectations from the market have grown, industry and company owners have also equipped themselves with high functioning and reliable technologies that produce optimum results in a minimum span of time. On the other hand, our world is being extremely ignorant of a looming threat that will eventually affect our ecosystem in more ways than one. [Read more…] about Companies and Climate Change: The Interrelation