Tag: Renewable energy

AcquisitionsBusinessEnergy

Growthpoint Properties Expands Renewable Portfolio with Major Hydroelectric Investment and Tenant-Focused Green Energy Initiative

JSE-listed Growthpoint Properties has secured a significant stake in a new hydroelectric facility while launching an innovative green energy program for its commercial tenants. The initiative marks a pioneering approach to corporate renewable energy distribution in South Africa’s property sector, according to company announcements.

Strategic Renewable Energy Investment

JSE-listed real estate investment trust Growthpoint Properties has reportedly acquired a 30% stake in independent power producer Serengeti Energy’s operational Boston Hydro plant near Clarens in the Free State, according to a joint media release from the companies. The R390-million hydroelectric facility represents a significant addition to South Africa’s renewable energy infrastructure with an operational lifespan exceeding 40 years.

by Carter Wells
EnergyScience

Study Urges Hourly Tracking to Boost Green Energy Credibility

New analysis of European energy markets shows current annual matching for green electricity claims conceals substantial seasonal and daily imbalances. Researchers propose transitioning to hourly tracking combined with storage integration to align renewable supply with actual consumption patterns.

Green Electricity Accounting Faces Temporal Transparency Challenge

Recent research published in Nature Communications reveals significant shortcomings in how green electricity claims are currently verified, with analysts suggesting that moving toward hourly tracking could substantially improve environmental credibility. The study examines European energy certificate markets and electricity data from 2016-2021, finding that the predominant annual matching approach masks critical mismatches between renewable energy supply and consumer demand patterns.

by Carter Wells
InnovationTechnology

Submerged and Orbital: The New Frontier in Sustainable Data Center Solutions

Facing soaring water and energy demands from AI data centers, the tech industry is turning to radical solutions. China has launched the world’s first commercial underwater facility, while US companies are planning orbital data centers in space to eliminate water usage entirely.

The Underwater Computing Revolution

China has deployed what sources indicate is the world’s first commercially operational underwater data center off the coast of Hainan. Dubbed “Highlander,” this innovative facility addresses the massive cooling requirements of AI infrastructure by leveraging the ocean’s natural cooling properties. According to reports, this approach reduces cooling costs by approximately 90% compared to traditional land-based facilities while delivering 40% more computing power.

by Carter Wells