Driving toward a greener future, SOLshare, a trailblazing climate-tech company based in Dhaka, Bangladesh, has secured a substantial $2.2 million in funding, a critical part of a larger $4 million round spearheaded by SBK Tech Ventures. This injection of capital marks a strategic move to integrate
The sphere of energy management is witnessing an evolution that could redefine our relationship with electricity. Leap, a virtual power plant (VPP) leader, and SWTCH Energy, an innovator in the electric vehicle (EV) charging realm, are joining forces. Their objective? To merge EV charging networks
As artificial intelligence (AI) models such as ChatGPT gain prominence, the electrical grids that power our digital advancements are under increased strain. These sophisticated technologies require far more electricity than traditional digital operations, which has created a surge in power
The United States is on the precipice of a monumental shift in its energy dynamics, with an increased thirst for electricity and a decisive pivot towards renewable energy sources. As the nation grapples with this dual challenge, artificial intelligence (AI) emerges as a beacon of innovation,
Artificial intelligence (AI) is no longer a futuristic concept; it has become an integral part of our daily lives. From virtual assistants to sophisticated machine learning platforms, AI technologies are rapidly advancing, offering unparalleled efficiencies and capabilities. However, this rapid
In a monumental stride toward environmental sustainability, Hitachi Energy cements its leadership role with a sweeping $4.5 billion commitment to support a net-zero future over the next three years. This investment follows an initial $1.5 billion infusion aimed at surging the production of
