Apricus Generation, a new holding company designed to build a national distributed solar and battery development platform as an independent power producer, has launched.
The company says it has closed an initial $28 million Series A funding round, within a total offering of $100 million set to close over the next few months. It added that this funding is slated to be used for acquiring and partnering with developers, as well as provide strategic management offerings.
“We are thrilled to have secured this funding in these challenging market conditions,” says Gautam Chandra, executive chairman and co-founder of Apricus Generation.
“Many developers have more project opportunities than access to capital, and this investment is a testament to our creative business model and our investors’ trust in us based on our past success in the renewable energy and energy sectors in general. Our model has demonstrated potential to provide investors with significant financial results in this fast-expanding industry.”
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Apricus Generation Building Distributed Solar, Battery Development Platform
Renewable Energy
The Constant Torrent of Disinformation Targeting Clean Transportation and Favoring Big Oil
Sadly, the world must deal with the cottage industry that has arisen to generation and publish malicious bullshit about electric transportation and clean energy more generally.
The efficiency of internal combustion engines is in the 20s, where the efficiency of charging batteries and discharging them through electric motors is in the high 80s. This is why we could replace every car and light-duty truck on Earth and with EV and experience an increased load on our grid of only about 14%.
The Constant Torrent of Disinformation Targeting Clean Transportation and Favoring Big Oil
Renewable Energy
Things Should Have Turned out so Differently
Imagine what our country, and our world, would be like today if the United States had addressed Donald Trump’s attempt to overthrow the U.S. government as the act of treason it was.
Former president of Brazil Jair Bolsonaro staged a military coup, and, when it failed, he was tried, convicted, and sentenced to 27 years in prison.
As a result, Brazil, and every other nation on the planet, averted the effects of dealing with this criminal sociopath.
Renewable Energy
Myth Busting in Renewable Energy
I met a guy earlier today who told me that wind and solar are controversial, and that some people say that the mining and manufacturing of wind turbines requires more fossil fuels that the turbines themselves produce.
I told him that I’m aware of such people; they’re called “professional liars.”
I explained the concept of EROI, energy return on investment, and surprised him by saying that the EROI of wind is somewhere between 18 and 30, meaning that each wind turbine you see as you drive along the freeway will generate at least 18 times as much energy as was required in its mining, fabrication, installation, maintenance, and decommissioning–all the way up to 30 times that amount.
The generation of disinformation of renewables has become a cottage industry. People are paid to make up and publish complete bullshit, so as to discredit the burgeoning clean energy industry, and keep Big Oil in place.
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