Skip to main content

Innovation

How to innovate, make things better - read news and articles about it here (soon).

Varanto – the world’s largest cavern thermal energy storage

When Varanto is completed in 2028, it will be the world’s largest seasonal thermal energy storage facility in terms of size (1,1 million cubic meters) and capacity (90 GWh).

Vantaa Energy is building a seasonal thermal energy storage facility in Vantaa, Finland. Seasonal thermal energy storage is called Varanto. When completed in 2028, it will be the largest in the world by all standards (1,1 million cubic meters and 90 GWh). The operating principle of the seasonal thermal energy storage is to store heat in underground caverns so that it can be used to heat buildings via the district heating network whenever it is needed.

With a strategic investment from Baker Hughes, Elcogen closes its current funding round for scaling of its solid oxide technology for hydrogen

Elcogen, a European manufacturer of technology that enables delivery of efficient, affordable green hydrogen and electricity, is pleased to announce that Baker Hughes has made a strategic investment in the Company.

Combined with equity investment from Hydrogen One Capital Growth plc, HD Hyundai and Mirae, as well as project grants from the European Commission, including an IPCEI project, totalling more than €24m, and a proposed debt of €15m, Elcogen has now raised more than €140m for the continuous development and scaling of its market leading solid oxide technology, enabling affordable green hydrogen and accelerating the energy transition.

Apptronik and Mercedes-Benz Enter Commercial Agreement That Will Pilot Apptronik's Apollo Humanoid Robot in Mercedes-Benz Manufacturing Facilities

 Apptronik, a leader in next-generation general purpose humanoid robots designed to change the way we live and work, today announced that it has entered into an agreement with Mercedes-Benz. As part of the agreement Apptronik and Mercedes-Benz will collaborate on identifying applications for highly advanced robotics in Mercedes-Benz Manufacturing.

New agreement gives Swedish academia and industry unique access to even larger quantum computers

Through funding from the Knut and Alice Wallenberg Foundation, Swedish academia and industry will have the opportunity to learn how to run quantum algorithms in two steps. Development and optimisation can first be carried out on the quantum computing test bed at Chalmers University of Technology, in Sweden. Thanks to a new agreement with IBM, additional problem solving on a larger scale will be made possible on IBM's quantum systems and resources over the cloud.

Estonian startup's AI solution revolutionizes the development of antiviral drugs

Estonian HealthTech Startup Nora AI is leveraging the power of artificial intelligence to develop novel antiviral drugs. In collaboration with the Biosafety Laboratory of University of Tartu, the focus is on treating viruses with a global impact. The company's innovation lies in its drug development platform, Nora.

Suomen Lantakaasu Oy advancing biogas plant investments in North Ostrobothnia, Central Ostrobothnia and South Ostrobothnia

The Valio and St1 joint venture Suomen Lantakaasu Oy is exploring the implementation of new biogas plant complexes in several areas. The construction of possible new plant complexes is now being explored in the Kokkola-Pietarsaari, Nivala-Haapavesi and South Ostrobothnia regions. Along with the existing planned plant complexes, Suomen Lantakaasu Oy is progressing towards its production target of one terawatt-hour by 2030.

B95: World’s First Electric Hyper Barchetta Is First Coachbuilt Car by Automobili Pininfarina

Automobili Pininfarina opens an exciting new chapter in its history at Monterey Car Week with the introduction of the world's first pure-electric, open top hyper Barchetta - the breathtaking new B95.

Automobili Pininfarina opens an exciting new chapter in its history at Monterey Car Week with the introduction of the world's first pure-electric, open top hyper Barchetta - the breathtaking new B95.

The pure-electric hyper Barchetta is a design and technology masterpiece – the simplicity of its flowing open-topped bodywork contrasts with exquisite technical details to provide a dramatic interpretation of a classic racer, underpinned by pure-electric performance.

Tags

BMW Group, Airbus and Quantinuum Collaborate to Fast-Track Sustainable Mobility Research Using Cutting-Edge Quantum Computers

Airbus, BMW Group and Quantinuum, world leaders in mobility and quantum technologies, have developed a hybrid quantum-classical workflow to speed up future research using quantum computers to simulate quantum systems, focusing on the chemical reactions of catalysts in fuel cells.

MOLEY Robotics Release First in a Revolutionary Range of Commercial Robotic Kitchen Platforms: Chef’s Kitchen

Moley Robotics, the pioneering robotics company today reveals its game changing new model, the Chef’s Kitchen at the World Travel Catering & Onboard Services Expo, Hamburg, the first model in a ground-breaking line up of robotic commercial kitchens that will revolutionise how food is cooked.

As world leaders in in-flight catering, DNATA, make a strong partner with which to launch the Chef’s Kitchen to a global audience attending the Expo.

Tags