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A secretive startup backed by Bill Gates has achieved a solar breakthrough aimed at saving the planet. Heliogen declined to provide information on how much money it has raised so far. © 1940–2020 American Technion Society. Soon-Shiong signaled he plans to invest more in Heliogen. That carbon-free hydrogen could then be turned into a fuel for trucks and airplanes. It's even used in "You've ended up with technologies that can't really deliver super-heated systems," said Olav Junttila, a partner at Greentech Capital Advisors, a clean energy investment bank that has advised concentrated solar companies in the past.That means renewable energy has not yet disrupted industrial processes such as cement and steelmaking. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. She's not aloneNo, this isn't a flying grain silo. "Long term, we want to be the green hydrogen company. Then the blast hit Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. "For now, Heliogen is squarely focused on solar. Most of the hydrogen generated today is used to make ammonia for the production of fertilizers that are essential for modern agriculture. "And that's really the holy grail. "Heliogen, a clean energy company that emerged from stealth mode on Tuesday, said it has discovered a way to use artificial intelligence and a field of mirrors to reflect so much sunlight that it generates extreme heat above 1,000 degrees Celsius.Essentially, Heliogen created a solar oven — one capable of reaching temperatures that are roughly a quarter of what you'd find on the surface of the sun.The breakthrough means that, for the first time, concentrated solar energy can be used to create the extreme heat required to make cement, steel, glass and other industrial processes. And by using software, we're able to do that," Gross said.Most stock quote data provided by BATS. Flickr Unlike most solar thermal applications that power a steam turbine engine, a unique technology was developed to power a gas turbine engine on solar energy. "The only way to compete is to be extremely clever in how you use your materials. A solar energy breakthrough means stained glass windows could soon generate electricity. In the context of transportation, hydrogen has several advantages over mineral-based fuels:Today, most of the world’s hydrogen is produced from natural gas. "If you can make hydrogen that's green, that's a gamechanger," said Gross. ... PRAT SOLAR ENERGY INDUSTRY LTD has been manufacturing, supplying and maintaining solar heating systems for the last 25 years, working with the commercial and residential sectors our top of the line customer service along with our great products put us at the front line of the industry. Researchers at the Technion – Israel Institute of Technology have developed a prototype system for efficient and safe production of hydrogen using only solar energy. But Israel lagged behind in applying the technology,” Paz told ISRAEL21c. "Heliogen, founded by Bill Gross, must convince industrial companies it's worth the investment to switch over to its solar technology.While other concentrated solar companies attacked this temperature problem by adding steel to make the technology stiffer and sturdier, Heliogen and its team of scientists and engineers turned to artificial intelligence.Heliogen uses computer vision software, automatic edge detection and other sophisticated technology to train a field of mirrors to reflect solar beams to one single spot. It's SpaceX's Starship prototypeThe Lebanese economy was already in free fall.
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