Author: bigboss
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The US set new ESS deployment records in Q4 2023
1. Record quarter for energy storage installations in Q4 2023, with 4,235MW installed across grid-scale, residential, and commercial segments 2. California led the market with a 56% share of all Q4 deployments, followed by Arizona and Texas 3. Wood Mackenzie forecasts 59GW of new grid-scale storage capacity in the US between 2023 and 2028, with…
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Why an Executive Requested to Be Laid Off During Their Time at YouTube
– Noam Lovinsky credits his professional growth at YouTube to being layered under a supportive manager. – Lovinsky believes that project managers should prioritize the team’s needs above their own careers and be self-critical. – Being honest, advocating for what’s best for the team, and potentially negotiating oneself out of a job can lead to…
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Utilizing Open Data to Monitor EV Charger Availability
– UK Power Networks launches Powercast software for EV charger status – Powercast provides information on functioning chargers and power outages – Powercast aims to increase confidence in EV charging and help drivers make informed decisions on charging locations UK Power Networks has introduced Powercast, an open data-based software that provides information on the status…
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Reddit’s IPO kicks off with shares skyrocketing by 60% in a matter of minutes
1. Reddit’s shares opened at $47, quickly rose to $55, and eventually stabilized around $50 after its IPO at $34 per share. 2. Reddit, with $804.0 million in 2023 revenue, is unprofitable but has a promising AI strategy with significant revenue potential from selling data to AI companies. 3. Despite an FTC inquiry into Reddit’s…
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Iberdrola plans to invest €15.5 billion in renewable energy projects by 2026
– Iberdrola announced €15.5 billion investments in renewable energy before 2026, with over 50% going to offshore wind projects in the US, UK, France, and Germany. – The investment will boost electrification and support decarbonisation, energy security, and reduce volatility caused by fossil fuels. – The strategy also focuses on enhancing the grid, expanding renewable…
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Take on Google in AI Search: What You Need to Know about Perplexity
1. Perplexity is an AI-powered search engine challenging Google by offering answers to questions in a conversational format. 2. Perplexity utilizes various powerful models and ranking signals, including Google’s data, to generate search results and summaries. 3. CEO Aravind Srinivas believes Perplexity represents the next generation of search engines, focusing on user experience and long-term…
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CSIRO – Small Nuclear and Renewable Energy Clash Begins!
1. CSIRO defends itself against attacks by conservative politicians and media for reaffirming renewables as cheapest form of electricity generation. 2. Australia drawing over 55% of power from renewable sources, with renewable energy providing 39.4% of total energy generation in 2023. 3. Investment in large-scale storage projects in Australia saw a significant increase in 2023,…
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Microsoft’s Major AI Initiative Following Inflection AI Co-Founders’ Hiring: A Complete Overview
1. Microsoft is absorbing much of the talent from Inflection AI into a new division to avoid regulatory oversight and potential anti-trust action. 2. Regulatory actions have become more common, affecting deals like Visa-Plaid and Adobe-Figma, but Microsoft seems to have found a workaround in this case. 3. Microsoft is continuing to make strides in…
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Mahindra and Adani Gas partner to build electric vehicle charging network
1. Mahindra & Mahindra signed an MOU with Adani Total Gas subsidiary for EV charging network in India. 2. Collaboration aims to expedite EV uptake and provide e-mobility solutions for customers. 3. Increased adoption of EVs in India expected to result in significant oil savings and contribute to decarbonising transportation sector. Mahindra & Mahindra (M&M)…
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The Impending Office Real-Estate Crash Will Surpass the 2008 Recession
– US office values may match or exceed the 2008 real estate fallout, with prices expected to continue to drop – Remote work trends and higher interest rates are likely to prolong the recovery of office property values – Delinquency rates on commercial mortgage-backed securities backed by office properties are expected to increase, with loan…