SkySpecs watches wind turbines from above, lands $80M led by Goldman Sachs
source link: https://finance.yahoo.com/news/skyspecs-watches-wind-turbines-above-233356612.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
SkySpecs watches wind turbines from above, lands $80M led by Goldman Sachs
S&P Futures
3,949.00+21.75 (+0.55%)Dow Futures
31,780.00+128.00 (+0.40%)Nasdaq Futures
12,059.25+112.00 (+0.94%)Russell 2000 Futures
1,744.80+7.30 (+0.42%)Crude Oil
107.32+1.19 (+1.12%)- 1,819.70-4.90 (-0.27%)
Silver
20.73-0.05 (-0.23%)EUR/USD
1.0378-0.0002 (-0.0164%)10-Yr Bond
2.8170-0.1040 (-3.56%)- 31.77-0.79 (-2.43%)
GBP/USD
1.2208+0.0013 (+0.1074%)USD/JPY
128.8360+0.4430 (+0.3450%)BTC-USD
29,486.98-337.50 (-1.13%)CMC Crypto 200
658.07+27.97 (+4.44%)FTSE 100
7,233.34-114.32 (-1.56%)Nikkei 225
26,192.61+443.89 (+1.72%)
SkySpecs watches wind turbines from above, lands $80M led by Goldman Sachs
As wind energy gains ground in the U.S., SkySpecs is using drones and AI to detect future equipment failures before they grind those giant turbine blades to a halt.
The company, which works with wind farms to monitor the health of turbine blades from above, has locked down a fresh $80 million Series D round led by Goldman Sachs to expand its "geographic footprint" and software tools.
SkySpecs builds its hardware and software in house, and already claims to monitor the health of close to half of all turbine blades in North America (for reference, there are 71,666 turbines in the U.S. alone). Since it launched in 2012, the firm says its drones have inspected more than 300,000 blades across dozens of countries. SkySpecs' larger goal is to "help displace fossil fuel generation" by making renewables more efficient, per a statement from the firm.
SkySpecs is one among many drone businesses to focus on monitoring critical infrastructure. Others include Nearthlab, which also specializes in wind farm monitoring, as well as generalist firms like Skyqraft, Percepto and FPV Robotics.
Along with Goldman, investors in the new round include energy company NextEra, Düsseldorf-based VC Statkraft Ventures and Postmates backer Huron River Ventures. Though Goldman aims to funnel as much as $150 billion into climate tech, the financial behemoth also continues to back the expansion of fossil fuels.
HypebaeHyunA Stars in Loewe's Pre-Fall 2022 Campaign Shot All Around the World
HyunA, a brand ambassador of Loewe, has joined a global cast of talent for the fashion house's...
18h ago
TechCrunchSimulation meets observation in first image of the supermassive black hole at our galaxy's center
As countless science and general news outlets have reported today, the image of Sagittarius A*, the supermassive black hole at the center of our galaxy, is a fabulous scientific achievement. Based on years of observations from around the globe, a huge team at over a hundred institutions managed to assemble an image of the black hole around which our galaxy rotates, despite its relative closeness and the interference from light-years worth of dust, nebulae and other vagaries of the void. Black holes can't be observed directly using something like the Hubble or even the still-warming-up Webb.
3h ago
Motley FoolWhy General Motors Stock Just Slumped
A Wells Fargo analyst just outlined why GM is in a Catch-22 scenario when it comes to EV production -- and Ford is, too.
7h ago
Investor's Business DailyPlug Power Earnings Disappoint; Is PLUG Stock A Buy Or Sell?
Hydrogen fuel cell maker Plug Power sees 2022 revenue surging 80% year over year to up to $925 million. Is PLUG stock a buy now?
1d ago
Barrons.comGM and Ford Get Double Downgrades to Sell. Wells Fargo Sours on EVs.
Analyst Colin Langan believes the recent raw material spike has delayed cost parity between EVs and gasoline powered cars by "at least a decade."
12h ago
In The Know by YahooTikTok is freaking out after learning that Maine has a longer coastline than California: ‘Is anyone upset about this?’
TikTokers are getting their minds blown after learning that Maine's coastline is technically longer than California's.
7h ago
News DirectApplied AI: One Helping Hand To Address Environmental Sustainability and Emissions
Can Artificial Intelligence (AI) really be used to help us fight climate change and build a more sustainable world? The simple answer is yes! The evolution of AI, with our ability to apply this tec...
9h ago
MarketWatchPhillips 66 converting California refinery to a renewable fuels facility
Phillips 66 (PSX) said Wednesday it made a final investment decision to convert a refinery in California into a renewable fuel facility. The company said its Rodeo Renewed project will see the San Francisco Refinery in Rodeo, Calif., converted into one of the world’s largest renewable fuels facilities. The site will produce renewable transportation fuels, including renewable diesel, renewable gasoline and sustainable aviation fuel, Phillips 66 said.
1d ago
The IndependentWildfire destroys 20 homes in Laguna Beach area amid mandatory evacuations
Drought conditions have left vegetation extremely dry and primed for easy burning
9h ago
Associated PressStudy finds cleaner air leads to more Atlantic hurricanes
Cleaner air in United States and Europe is brewing more Atlantic hurricanes, a new U.S. government study found. The National Oceanic and Atmospheric Administration study links changes in regionalized air pollution across the globe to storm activity going both up and down. A 50% decrease in pollution particles and droplets in Europe and the U.S. is linked to a 33% increase in Atlantic storm formation in the past couple decades, while the opposite is happening in the Pacific with more pollution and fewer typhoons, according to the study published in Wednesday’s Science Advances.
1d ago
Carlsbad Current-Argus'This is what we're exposed to': Oil and gas pollution in Carlsbad to monitored via grant
Carlsbad was identified by NMED as having elevated levels of ground-level ozone, a cancer-causing pollutant that forms smog.
2d ago
Fort Worth Star-Telegram‘Like walking a T-Rex.’ Angler uses rod, lasso to reel in huge alligator gar in Texas
“This is by far the most amazing catch of my entire life and it’s not even close,” the fisherman said.
1d ago
CNW GroupCubicFarm Data Shows its Systems Use 54% to 62% Less Energy Than Typical Vertical Farms
CubicFarm® Systems Corp. ("CubicFarms" or the "Company") (TSX: CUB), a leading local chain agricultural technology company, today announced new data that demonstrates 54% to 62% less energy is used in a CubicFarm System module compared to results reported by other vertical farms surveyed globally. With electricity being the number one input cost in vertical farming, this is a significant advantage to customers using the CubicFarm System technology for indoor growing.
14h ago
News DirectAflac 2021 Business & Sustainability Report: Renewable Energy
Aflac is investing in smart environmental solutions that contribute to a sustainable future. Aflac has recently expanded its solar array with an installation at the Paul S. Amos campus. The expansi...
1d ago
News DirectCummins' Destination Zero Strategy Comes to Life at Clean Transportation Expo
Cummins Inc.’s Destination Zero strategy to reduce greenhouse gases (GHGs) and improve air quality for key on-highway markets is on full display this week at the Advanced Clean Transportation (ACT)...
1d ago
HuffPostGOP Senator Likens Women To Wildlife In 'Ridiculous' Anti-Abortion Argument
“Why do we have laws in place that protect the eggs of a sea turtle or the eggs of eagles?" Sen. Steve Daines (R-Mont.) asked.
18h ago
1d ago
American City Business JournalsPortland developer fires up another major Oregon wind project
Golden Hills is Avangrid Renewables’ seventh wind power facility in Sherman County and 11th in Oregon.
1d ago
American City Business JournalsRio Arriba County solar farm to use Honeywell storage solution
A 50-megawatt solar project underway in Rio Arriba County will use Honeywell technology for energy storage and key monitoring and resource management tasks.
9h ago
The IndependentBiden cancels leases for drilling in pristine Alaska wilderness
Interior Department also withdraws two leases being considered for area around Gulf of Mexico
11h ago- Reuters
BP bids for two Dutch offshore wind power leases
BP has bid in the tender process for two wind farm sites at the Hollandse Kust (West) zone, located 53 kilometres off the Netherlands' west coast with a potential 1.4-gigawatt power capacity. The company said it would invest 2 billion euros ($2.1 billion) in more clean energy projects in the Netherlands if it is successful in the bids, which include a commitment to spend 75 million euros on ecological monitoring in the North Sea. BP aims to produce 50,000 tonnes a year of green hydrogen from the wind farms, to meet its Rotterdam refinery demand and support sustainable aviation fuel production of 10,000 barrels a day, along with developing electric vehicle charging stations.
17h ago - The Independent
One in four public electric vehicle chargers in San Francisco area don’t work, survey finds
Public chargers are often used by renters or residents of multi-family homes, the researchers note
1d ago - The Guardian
California to decide fate of controversial desalination plant amid brutal drought
After more than a decade of debate, the coastal commission is set to vote on the proposed $1.4bn project near Los Angeles The proposed Poseidon desalination plant has been under debate for more than a decade. Photograph: Allen J Schaben/Los Angeles Times/Rex/Shutterstock California officials are poised to decide the fate of a controversial desalination plant planned along its southern coast, in a vote that comes as the American west battles an increasingly perilous drought. California water use
2d ago Farmers feuding in Lapeer County over planned solar complex
Plans to build a 100 megawatt solar farm in Goodland Township means jobs, more cash for farmers, and clean energy. But some residents worry the loss of farm land will only hurt state's ability to produce food.
1d ago- The Guardian
Ohio woman pleads guilty to selling invasive crayfish species across 36 states
The case is believed to be the first enforcement action of its kind aimed at preventing the advance of the marbled crayfish The invasive marbled crayfish was named an injurious species in a 2020 Ohio state rule. Photograph: MP cz/Shutterstock They have claws, 10 legs, can produce hundreds of clones of themselves and have escaped from confinement to potentially run amok across the United States. The ecological threat posed by the marbled crayfish has now prompted prosecutors to wield invasive spe
15h ago - News Direct
Reshaping Water Use Using Technology
In support of Dow’s 2025 World-Leading Operations Goal to reduce its freshwater intake intensity by 20% at key water-stressed sites, the site in Böhlen, Germany, had started a collaboration project...
1d ago - CBS News
Magnitude 4.2 earthquake strikes near Yellowstone
There were no reports of damage or injuries.
1d ago - Reuters Videos
Water levels in Lake Mead, Nevada reach historic low
STORY: A massive reservoir stricken by drought in the Colorado River Basin is rapidly drying up.It means tens of millions of people across several U.S. states could face limits on their water.A shortage for Nevada, California, Arizona, and even across the border in Mexico. Nevada says its taking action to ensure its supply. Patti Aaron is with the Bureau of Reclamation. “We're in our 23rd year of drought in the Colorado River Basin. Both Lake Powell and Lake Mead have been declining rapidly during the course of this drought, and Lake Mead is now at its lowest level since it filled."“About 75% of the water goes to irrigation for agriculture. That supplies about 60% of the food for the nation that's grown in the United States."The lake is filled from the Colorado River as snow melts from the mountains. In 1999, it was at 97% capacity. Now it sits at only 30% full.“We depend on the snowpack and in circumstances like this, where we have many years of drought, the soils are extremely dry. So even if we get a good snowpack, when it melts off, it's going to go into the soils and not runoff into the river. So we need at least four years of consecutive good snowpack to start to recover.”Water authorities responsible for Nevada's Las Vegas region have had to activate a $1.5 billion insurance policy, including building a new low-level pumping station.Colby Pellegrino is with the Southern Nevada Water Authority."These facilities took almost two decades of planning, design and construction, so we had to have a lot of foresight into developing them. But they're a giant insurance policy for the community against the current drought."One unexpected consequence of falling water levels: human remains are being found in newly exposed mud.Earlier this month, police found a barrel containing the decomposed body of an unidentified man.Historians speculate he had been shot in the 70s or 80s - and linked it to the Las Vegas mafia.They also said more bodies will likely be similarly found if trends continue.
16h ago - The Independent
Satellite images reveal California’s largest reservoir at ‘critically low levels’ even before dry season
Ongoing drought threatens the state’s water supply as the dry summer begins
1d ago - Reuters
Canada banks face 'greenwashing' claims as oil & gas firms obtain sustainable financing
In the past two years, Canadian banks have increased the amount of sustainability-linked financing (SLF) they extend to oil and gas clients. SLF refers to financing whose cost changes when certain environmental, social and governance (ESG) requirements are met at the company level but does not require the funds themselves to be used for climate-friendly purposes. If the use of financing instruments that do not require a reduction in overall carbon emissions keeps growing, it could delay banks' readiness for Canada's transition to a low-carbon economy, leading to higher risk and increased capital requirements to offset these.
14h ago Oil Companies Posted Huge Profits. Here’s Where The Cash Will Go (Hint: Not Climate)
As consumers grapple with high fuel prices and politicians scramble to knock them down, oil companies are not making any sudden moves. Oil prices started to creep up in late 2021 due to supply constraints, but then turbocharged after Russia invaded Ukraine in February. The numbers were also rosy for European firms—even among those that took a hit from severing ties with their Russian investments.
2d ago- AccuWeather
Close call with lightning strike: ‘I thought I was a goner'
Ahead of some rain this past Saturday morning, Rod Murphy headed outside his home in Sebring, Florida, just south of Orlando, to turn off his sprinkler system, but little did he know he was about to get the most shocking wake-up call of his life. As Murphy was heading back inside, seemingly out of nowhere, lightning struck a small tree in his neighbor's yard across the street, sending chunks of red-hot earth 20 feet into the air -- enough to give him a significant jolt. "It wasn't raining. It wa
9h ago - Bloomberg
A Showdown Over Coal Could Decide Who Wins Australia's Election
(Bloomberg) -- A coal-mining community that has elected the same political party for more than a century could decide Australia’s next government this month in an election that has divided the nation over how to battle climate change.Most Read from BloombergDon’t Bother Paying Off Student Loan Debt Right Now, Advisers SayBiden Team Sees China Tilt Aided as Putin Falters in UkraineMarcos Jr. Leads With 61% of Votes Counted: Philippines UpdateStocks Bounce Back in Countdown to Key CPI Data: Market
2d ago - Motley Fool
Why Plug Power, Nikola, and Bloom Energy All Dropped, Then Popped Today
What happened Hydrogen-related stocks tumbled early this morning before a turnaround took them into positive territory. The moves of Plug Power (NASDAQ: PLUG), Nikola (NASDAQ: NKLA), and Bloom Energy (NYSE: BE) outpaced the overall market on both the downside and upside.
9h ago - Associated Press
Most Great Barrier Reef coral studied this year was bleached
More than 90% of Great Barrier Reef coral surveyed this year was bleached in the fourth such mass event in seven years in the world’s largest coral reef ecosystem, Australian government scientists said. Bleaching is caused by global warming, but this is the reef's first bleaching event during a La Niña weather pattern, which is associated with cooler Pacific Ocean temperatures, the Great Barrier Reef Marine Authority said in its annual report released late Tuesday that found 91% of the areas surveyed were affected. Bleaching in 2016, 2017 and 2020 damaged two-thirds of the coral in the famed reef off Australia's eastern coast.
2d ago - Associated Press
Storm chasers face host of dangers beyond severe weather
The deaths of four storm chasers in car crashes over the last two weeks have underscored the dangers of pursuing severe weather events as more people clog back roads and highways searching for a glimpse of a lightning bolt or tornado, meteorologists and chasers say. Martha Llanos Rodriguez of Mexico City died Wednesday when a semitrailer plowed into her vehicle from behind on Interstate 90 in southwestern Minnesota. The car's driver, Diego Campos, told the Minneapolis Star Tribune that he and Rodriguez and two other weather experts had been chasing violent weather and were hit after he stopped for downed power lines on the road.
12h ago - Quartz
To score a point against China, the US is willing to kneecap its solar industry
An investigation by the US Commerce Department into possible import tariff evasion by China-based solar panel manufacturers is dealing a harsh blow to broader US climate change and clean energy goals. Before 2012, the vast majority of solar panels in the US were imported from China. In the years since, US solar panel production has increased slightly, but most panels are still imported—now from Cambodia, Malaysia, Thailand, and Vietnam.
2d ago - Fortune
China’s dilemma: Face 1.6 million deaths by dropping zero-COVID strategy, or continue with ‘unsustainable’ policy?
A new study found that an Omicron wave could cause up to 1.6 million deaths in China if the country’s strict zero-COVID policy was not in place.
2d ago - AccuWeather
Chicago was hotter than Death Valley this week as heat wave surged north
The May heat wave that has been broiling the southern Plains reached northward on Wednesday and sent temperatures surging throughout the Midwest. In an unusual twist, numerous locations across the nation's midsection, including Chicago, notched high temperatures well above the high temperature recorded at Death Valley, California, on Wednesday. From Colorado to Iowa and Illinois, the mercury began to soar above normal levels on Tuesday with temperatures continuing to swell on Wednesday. "This we
13h ago - Quartz
Are “say on climate” shareholder votes just more corporate greenwashing?
One of the new tools investors are using to pressure companies on climate change might actually be an aid to greenwashing.
11h ago
</body
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK