Big Becky to break through Friday 13
When completed in 2013 the Niagara Tunnel will increase the output at Ontario Power Generation's Sir Adam Beck Generating Station and provide clean, renewable energy for an additional 160,000 Ontario homes.
The tunnel mining is a major component of the project and tunnel-mining tradition calls for a celebration when the mining is completed.
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Energy Vault Lands $110M From SoftBank’s Vision Fund for Gravity Storage
BERN - Energy Vault, the Swiss-U.S. startup that says it can store and discharge electrical energy through a super-sized concrete-and-steel version of a child’s erector set, has landed a $110 million investment from Japan’s SoftBank Vision Fund to take its technology to commercial scale.
Energy Vault, a spinout of Pasadena-based incubator Idealab and co-founded by Idealab CEO and billionaire investor Bill Gross, unstealthed in November with its novel approach to using gravity to store energy.
Simply put, Energy Vault plans to build storage plants — dubbed “Evies” — consisting of a 35-story crane with six arms, surrounded by a tower consisting of…
