MondayNov 08, 2021 12:50 pm

StraightUp Resources Inc. (CSE: ST) Positions Itself Among Major Mining Companies After Securing Right of Exclusivity with Premier Silver Corp.

StraightUp has entered an ROE with Premier Silver Corp. that secures it 60 days of exclusivity to negotiate an agreement on the acquisition of Premier and its underlying assets Premier’s acquisition would give StraightUp a shot at tremendous upside potential in silver exploration and building assets where silver forms the primary product in mining the material Premier is a crucial player in the junior mining industry, having raised over $10 million in private funding to date Its main asset, the Mallay Mine & Processing Plant, is one of the largest silver mining packages in Peru StraightUp Resources (CSE: ST) has…

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FridayNov 05, 2021 1:30 pm

Study Finds Radiation May Create Valuable Fuel Additive

Researchers have found that radiation from nuclear fuel that has already been used can be utilized in the creation of a fuel additive required for renewable biodiesel. The research, which was conducted by researchers at the Aston University and Lancaster University in the UK as well as the Jožef Stefan Institute in Slovenia, was reported in the “Nature Communications Chemistry” journal. The report called attention to the existence of uncharted renewable processes that can be realized through the use of ionizing radiation. The research highlights that the technique used to make biodiesel produces byproducts like glycerol. In the report, the…

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ThursdayNov 04, 2021 12:30 pm

Honeywell Launches New Flow Battery Technology for Energy Storage

Honeywell Sustainable Technology Solutions recently launched its new flow battery technology, which uses renewable energy sources to satisfy the rising demand for sustainable energy storage. This flow battery makes use of a safe and incombustible electrolyte that generates electricity from chemical energy before storing it for future use, while satisfying the safety, longevity and environmental objectives of different utilities. The company’s new technology affords extended duration and more flexibility to utility companies. The flow battery technology stores energy that can be utilized when a location’s power grids are at capacity, when there’s a power outage or when solar and wind…

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WednesdayNov 03, 2021 3:15 pm

World Bank Report Projects Precious Metals Price Recovery

During this year’s third quarter, the Precious Metals Index dropped by 3%. The latest report released by the World Bank notes that this drop was caused by reduced physical demand, a stronger U.S. dollar and decreasing investor sentiment from rising real interest rates. The World Bank projects that in the short term, the average price of these metals will increase heading into 2022, with many expecting a tightened monetary policy. Some risks to this outlook include more persistent inflation, intense geopolitical tensions and the threat of new variants of the coronavirus. The report also notes that the price of gold…

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TuesdayNov 02, 2021 1:15 pm

U-Battery Exhibits Full-Scale Modular Nuclear Reactor Model

Last month, Cavendish Nuclear and U-Battery unveiled a full-scale model of U-Battery’s advanced modular reactor. The event was held at the Whetstone facility, which is located in Leicestershire and owned by Cavendish Nuclear. This full-scale model shows how the reactor can be constructed using modular techniques. The project was financed under the Advanced Manufacturing and Materials Program by the United Kingdom’s Department for Business, Energy and Industrial Energy. U-Battery general manager Steve Threlfall stated that building a full-scale model allowed the company to ascertain the requirements for the reactor’s concept design and confirm the operational safety case of the nuclear…

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MondayNov 01, 2021 3:15 pm

Ameresco to Address Electricity Supply Issues in California Through Battery-Storage Solutions

Last week, Ameresco partnered with Southern California Edison to provide storage systems leveraging battery technology. The clean-energy solutions provider stated that the contract entails the provision of three 4-hour duration battery-energy storage system projects. Each of these systems has been designed to cushion the reliability issues affecting the electricity system that supplies most of California, with each being connected to a distribution network substation pocket. The electricity-supply shortage that plagues the state of California is especially critical during wildfire risks or during heat waves that occur in summer and other climate or weather-related occurrences. This shortage recently led the state’s…

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