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Whether or not a $15 million gift is truly equivalent to $1 billion is up for debate, but there is no doubt that Scott is single handedly upending the model of how billionaires give away fortunes while supporting causes that look to disrupt the status quo and promote social justice. She is also questioning the system that put her into this position of power. “We are all attempting to give away a fortune that was enabled by systems in need of change,” she said this summer.

The third richest woman on the planet, MacKenzie Scott (Jeff Bezos’s ex-wife) is using her vast fortune to revolutionize the world of philanthropy and challenge what she says is the massive accumulation of wealth that’s been concentrated in too few hands.

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Less than a week before the Christmas holiday, French IT services company Inetum Group was hit by a ransomware attack that had a limited impact on the business and its customers.

Inetum is active in more than 26 countries, providing digital services to companies in various sectors: aerospace and defense, banking, automotive, energy and utilities, healthcare, insurance, retail, public sector, transportation, telecom and media.

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It burns about half the fuel of the same-sized rotorcraft.

In 1989, Vox conceptualized fixed-wing vertical take-off and landing airframes (VTOL), along with a plethora of sketches that looked straight out of a sci-fi movie, for a way to innovate the idea. Several prototypes and component tests later, the aircraft is in its final stages of assembly, and testing is expected to start next year.

Revolving around the concept of increasing the safety and convenience of the passenger, this hybrid aircraft can also fly three times faster than a helicopter.

“Our aircraft can travel at turboprop speeds and land on nearly any helipad in the world,” Brian Morgan, the COO and EVP of engineering at Vox, told Robb Report. “Like any helicopter, it provides the flexibility and ease of point-to-point travel, but at two to three times the speed, with more comfort and the ability to fly above the weather, all while burning about half the fuel of the same-sized rotorcraft performing the same mission,” he said.

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Korea Zinc buys wind and solar developer Epuron, delivering a wind and solar portfolio of up to 9GW for its green metals and hydrogen ambitions.

Korean Zinc, the world’s biggest zinc, lead and silver producer, has bought Australian-based renewable energy developer Epuron as part of its move towards 100 per cent renewables, green metals and green hydrogen.

The purchase is a significant move, and underlines the determination of some of the world’s biggest metals companies to switch to green products, in moves that will surely turbo-charge the development of wind and solar projects in Australia and across the globe.

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PENA, the division of Panasonic which produces lithium-ion batteries at the Sparks Gigafactory, will move into an existing building at 645 E. Plumb Lane, about half a mile east of the Reno-Tahoe International Airport. PENA’s headquarters will move from the Gigafactory to the Plumb Lane campus.

“Our new facility in Reno underscores our commitment to evolving and growing to stay at the forefront of the mobility market,” Allan Swan, president of PENA, said in a news release. “Investing in innovation and workforce initiatives in the local community supports our mission of creating a future powered by sustainable energy.”

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Australian researchers have struck a deal to commercialise a new next-generation graphene material they say could unlock cheaper and better performing lithium-ion batteries.

Researchers at the ARC Centre of Excellence for Electromaterials Science (ACES), based at the University of Wollongong, say they have discovered a new form of graphene, called ‘Edge Functionalised Graphene’ (EFG), which is both highly conductive and processable for use in a range of electronics.

This includes lithium-ion batteries, with the innovative graphene material promising to improve the efficiency and lower the cost of battery technology used in energy storage devices and electric vehicles.

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Solar and wind resources are the lowest marginal cost sources of electricity in most of the world. Solar, wind, and other forms of green energy produce power as and when it’s available. And as the world starts to transition away from cheap, responsive, and heavily polluting energy sources like coal, the electric grid now faces a challenge: how to manage the multi-day variability of renewable energy, even in periods of multi-day weather events, without sacrificing energy reliability or affordability.

In 2017, Tesla built and installed the world’s largest lithium-ion battery at Hornsdale in South Australia, which was a huge success. But there are inherent issues with lithium batteries; they are expensive, better suited to quick turnaround than long-term storage.

However, Form Energy is focused on developing low-cost energy storage technology to enable a reliable, secure, and fully renewable electric grid year-round. The Massachusetts-based startup recently unveiled a new rechargeable iron-air battery capable of delivering electricity for 100 hours at system costs competitive with conventional power plants and at less than 1/10th the cost of lithium-ion.

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Danish energy firm Orsted has announced that its Hornsea 2 offshore wind farm generated its first power, representing a significant milestone in the facility’s development.

When fully operational, Hornsea 2’s wind turbines will be capable of generating 1.32 GW of clean electricity – taking the title of ‘world’s largest operating offshore wind farm‘from its sibling project, Hornsea 1. Together, the two projects will be capable of providing enough power for well over 2.3 million homes.

Located 89 km off the UK’s east coast, the Hornsea 2 achieved its first power after its offshore substation (OSS), the world’s largest offshore AC substation, and reactive compensation station (RCS), were installed in late October 2021. Since that time, Ørsted and its partner companies have been working hard to commission and energize the wind farm in preparation for its anticipated operational date next year.

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And it’s a hybrid mix of hydrogen and electric power.

Global mining company Anglo American is experimenting with hydrogen to power the giant mining trucks.

Mining trucks consume 35.3 gallons (134 liters) of diesel per hour with their enormous weight of around 220 metric tonnes and therefore emitting vast amounts of carbon dioxide into the atmosphere.

In order to reduce the mining industry’s carbon footprint, Anglo American is focused on mining trucks.

The company is collaborating with several partners, such as Engie, NPROXX, First Mode, Williams Advanced Engineering, Ballard, ABB, Nel, and Plug Power, to develop a hybrid mining vehicle, fueled with hydrogen and electricity.

The truck will be hybrid, with a hydrogen fuel cell providing roughly half of the power and the other half by a battery pack.

The truck can also harvest regenerative energy created when driving downhill and braking, which is stored in the battery and extends the range of the vehicle.

Instead of using diesel as a source of power for the motor, hydrogen enters the fuel cell and mixes with oxygen to create water in a chemical reaction catalyzed by platinum, which generates the necessary electricity to power the motors that drive the wheels.

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