Norway’s Otovo bags €40M to grow rent-to-own solar marketplace

Nov13
by on November 13, 2023 at 1:39 pm
Posted In: Uncategorized


Norway-headquartered Otovo has secured €40mn to expand its rent-to-buy online marketplace for solar panels, as it seeks to cash in on booming demand from homeowners looking to slash their energy bills. Otovo rents out solar panels and inverters at a fixed monthly cost, which includes all repairs and maintenance. The platform, currently available 13 European countries, uses satellite data and mapping information to calculate how much sunlight a section of your roof receives and the corresponding energy produced, as well as the size, shape, and specification of suitable rooftop solar products. Then it finds the best price and solar installer…

This story continues at The Next Web

└ Tags: , , , , , , ,
 Comment 

World’s biggest tidal energy ‘kite’ could single-handedly power a small town

Nov10
by on November 10, 2023 at 4:01 pm
Posted In: Uncategorized


People have been harnessing tidal energy for milling grain for more than 1,000 years. As you’d imagine though, today’s contraptions for tapping this 24/7 power source are a little more sophisticated.  One of the most eye-catching designs to emerge in recent years is a giant metal ‘kite’ which swims underwater against the current, turning its rotor and generating electricity. Power is then sent to the grid via a subsea cable which also acts as the kite’s tether.  The biggest of these kites ever built, known as Dragon 12, is about to be installed off the Faroe Islands. With a wingspan…

This story continues at The Next Web

└ Tags: , , , , ,
 Comment 

A prisoner’s dilemma shows AI’s path to human cooperation

Nov10
by on November 10, 2023 at 3:52 pm
Posted In: Insider


ChatGPT’s engine cooperates more than people but also overestimates human collaboration, according to new research. Scientists believe the study offers valuable clues about deploying AI in real-world applications. The findings emerged from a famous game-theory problem: the prisoner’s dilemma. There are numerous variations, but the thought experiment typically starts with the arrest of two gang members. Each accomplish is then placed in a separate room for questioning. During the interrogations, they receive an offer: snitch on your fellow prisoner and go free.  But there’s a catch: if both prisoners testify against the other, each will get a harsher sentence than if…

This story continues at The Next Web

└ Tags: , , , , , , ,
 Comment 

ESA inks deal with Airbus, Voyager Space to secure place on ISS successor

Nov10
by on November 10, 2023 at 12:24 pm
Posted In: Space


The European Space Agency has signed a deal with Airbus and Voyager Space to secure its next home in orbit.  The two companies are currently developing Starlab, one of several planned replacements for the International Space Station (ISS), which is set to retire in 2030.  Under the agreement, ESA will assess how the Starlab space station could be used to provide continued access to space for Europe after the retirement of the ISS. ESA would primarily use Starlab for astronaut missions and space-based research. The agency could also potentially provide cargo and crew transportation services for the new space station.…

This story continues at The Next Web

└ Tags: , , , , , , ,
 Comment 

EU top court lawyer wants Apple’s €14.3B Irish tax judgement re-run

Nov09
by on November 9, 2023 at 3:42 pm
Posted In: Insider


Apple has faced a major setback in its longstanding €14.3bn tax dispute with the EU after an adviser to the bloc’s highest court said an earlier ruling over the tech giant’s business in Ireland should be thrown out and the case re-run.  Advocate General Giovanni Pitruzzella of the EU Court of Justice said in an advisory opinion that Apple’s win in a lower EU court should be shelved because of a series of legal errors. “It is therefore necessary for the General Court to carry out a new assessment,” Pitruzzella said. While the opinion is non-binding, such statements often hold…

This story continues at The Next Web

Or just read more coverage about: Apple

└ Tags: , , , , , ,
 Comment