Tag: battery storage

Alphabet buys Intersect Power for $4.5 Billion USD to sustainably power its AI infrastructure

That shift helps explain why Alphabet, Google’s parent company, has agreed to acquire American renewable energy company Intersect Power in a deal valued at roughly $4.75 billion. It’s a move that reflects a deeper change: technology companies are paying closer attention to the physical systems that support their growth. 

A Torus flywheel in the desert and a $200 Million Utah deal to reshape the grid

Utilities from New York to Ontario use flywheel farms to stabilize the grid when wind and solar fluctuate. In space, satellites use flywheel “reaction wheels” to orient themselves without fuel. Even race cars like Porsche hybrids have used flywheels for rapid energy recovery and boost. This is proven tech, now scaling to the grid.

Renewable energy will triple in the Middle East, says Siemens

A new report published by Siemens predicts that the share of renewables in the Middle East energy mix will...