Terrapin Geothermics Inc., a Canadian geothermal energy developer specializing in generating clean, baseload electricity and heat from industrial waste heat and deep geothermal resources, today announced that it is merging with award-winning California-based green infrastructure development and advisory firm, TerraScale Inc., into a new US-based entity, Climate Transition Development Corporation.
Under the terms of the agreement, Climate Transition Development will be jointly owned by the existing shareholders of Terrapin and TerraScale and will be managed by the blended management teams of the companies. Climate Transition Development will be driven by its mission to spearhead a shift towards sustainable infrastructure and renewable energy, leveraging the latest advancements in technology and strategic financial instruments to drive global change.
The search for stable, renewably resourced energy has many working to harness the sun and wind, but beneath the ground is a treasure trove of potential, from elements for battery storage to the subterranean heat within the earth’s constant friction.
A joint venture is working to unlock the latter, geothermal energy, for a new project in northern Japan. California-based TerraScale Inc. and Japan firm Global Family are teaming up to launch the Green Snow development.
Climate Transition Development Corp., the partnership between TerraScale and Global Family, will focus on the energy capacity which lies beneath 113 acres of northern Japanese land recently acquired by TerraScale and partners.
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Equinix, a global supplier of data center colocation and interconnection services, has designated TerraScale as an approved reseller. With over 240 International Business Exchange (IBX) data centers and a network of over 10,000 businesses, including more than half of the Fortune 500, Equinix is a market leader. Equinix Internet Exchange covers over 35 peering exchange points globally with traffic peaks exceeding 10 terabits per second (Tbps). It claims to have the most peers, markets, and traffic of any exchange.
Due to its green infrastructure initiatives in the United States, Japan, and other foreign markets, TerraScale was approved as an Equinix authorized reseller. By investing in “a
strong, forward-looking business model and connecting to rich ecosystems,” TerraScale would be able to implement digital-first strategies for its clients, allowing them to expand, adapt, and prosper.
Platform Equinix offers an infrastructure of over 10,000 firms in its global ecosystem situated in 71 metros, 32 countries, and on six continents. With automated, interconnected Bare Metal as a Service from Equinix Metal, infrastructure can be deployed at software speed, enhancing performance, accessibility, and global reach with low latency.
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Danny is Co-Founder & CEO of TerraScale Inc., a clean infrastructure design and development firm shaping digital infrastructures globally.
As we hurtle toward a future in which data is at the center of everything we do, much fanfare has been made about the incredible capacity, complexity and sophistication of modern data centers. Data centers are the backbone of our social and commercial realities, and they’re becoming more indispensable by the day. Despite their incredible functionality, however, data centers aren’t invincible. Like any complex system, they can fall prey to an unexpected outage or attack, cyber or otherwise.
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We hope that our model for renewable energy-powered data centers will set the global standard. As sustainability becomes an issue of growing importance for companies around the world, we believe that more and more companies will choose to store their data in facilities that are green.
Forbes’ Danny Hayes brings important information to the forefront which highlights the importance of centralized data and security to power the coming generation of smart cities.
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Ambri, a company that develops grid-scale battery technology that’s reliable and efficient, isn’t publicly traded at this time. It has been funded through seed money and fundraising rounds from major investors. According to PitchBook data, its most recent fundraising was through a Series D round for $17.3 million.
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This article showcases Startup Pill’s top picks for the best Aerospace startups. On number 1 is TerraScale.
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This article showcases Startup Pill’s top picks for the best Telecommunications startups. On number four is TerraScale.
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