Latest news with #Estonia-based
The Market Online
4 days ago
- Business
- The Market Online
Stardust Solar signs AI-powered renewable energy optimization deal
Stardust Solar Energy (TSXV:SUN) has signed a letter of intent (LOI) with Estonia-based MarkeDroid OÜ, a provider of AI-driven virtual power plant services Stardust Solar intends to integrate and white-label MarkeDroid's AI optimization platform across its network of over 93 franchise territories in Canada, the United States, and the Caribbean the platform to generate optimal 24-hour energy plans for each asset. The system dynamically recalibrates in response to grid fluctuations or changes in energy storage Stardust Solar Energy stock (TSXV:SUN) last traded at $0.14 Stardust Solar Energy (TSXV:SUN) has signed a non-binding letter of intent (LOI) with Estonia-based MarkeDroid OÜ, a provider of AI-driven virtual power plant services. The LOI outlines plans for Stardust Solar to become the exclusive North American distributor of MarkeDroid's advanced solar and battery optimization technology. This strategic partnership was facilitated by ClimateDoor and the European Union's Lower Carbon Business Action (LCBA) program, which connects cutting-edge European clean technologies with Canadian market leaders. A leap toward smarter energy Under the terms of the LOI, Stardust Solar intends to integrate and white-label MarkeDroid's AI optimization platform across its network of over 93 franchise territories in Canada, the United States, and the Caribbean. The technology is designed to optimize energy usage by analyzing market prices, solar production, and consumption patterns to determine the most efficient buy-sell-store cycles. MarkeDroid's platform also offers advanced battery arbitrage and grid flexibility services, which are expected to significantly reduce energy costs for both residential and commercial customers. 'This LOI marks a pivotal milestone in our growth strategy,' said Mike Cioffi, Founder and CEO of Stardust Solar. 'By integrating MarkeDroid's AI capabilities, we're not only enhancing the value we deliver to our customers but also reinforcing our commitment to innovation and sustainability.' Building on momentum The agreement follows a series of major achievements for Stardust Solar, including: The acquisition of 49 U.S. territories through the purchase of Solar Grids Development LLC assets. New franchise launches in high-growth markets such as Dallas-Fort Worth, Texas, and Florida. A project backlog exceeding C$2 million in signed contracts for solar and energy storage installations set to begin in spring 2025. A strategic distribution agreement with Tesla for the Powerwall energy storage solution. MarkeDroid's optimization engine is built on proprietary AI models developed in collaboration with STACC, a data science firm affiliated with the University of Tartu. The system uses a combination of: Location-specific weather forecasts Historical consumption data Real-time energy market prices On-site parameters such as photovoltaic (PV) capacity and battery storage These inputs allow the platform to generate optimal 24-hour energy plans for each asset. The system dynamically recalibrates in response to grid fluctuations or changes in energy storage, working to ensure maximum efficiency and reliability. Leadership insights 'We are excited to bring MarkeDroid's intelligent optimization technology to North America, further enhancing the value proposition of our solar and battery storage installations,' Mark Tadros, Stardust Solar's founder and CEO said in a news release. 'This partnership reflects our commitment to delivering solutions that not only drive down costs but also accelerate renewable energy adoption across our growing footprint.' 'Through our partnership with Stardust Solar, we will aim to make a tangible impact on North American renewable energy markets,' Toomas Teesaar of MarkeDroid added. 'Stardust Solar's extensive installer network and commitment to exceptional service are an ideal match for our vision of enabling more flexible and efficient clean energy ecosystems.' The LOI sets the stage for a definitive commercial agreement, supported by EU-funded technical assistance. If finalized, the partnership could lead to future co-development opportunities and deeper collaboration between the two companies. The transaction remains subject to customary conditions, including regulatory approvals and the execution of a definitive agreement. Both companies are independent entities, and no finder's fees are expected in connection with the LOI. This partnership is expected to deliver not only financial benefits but also significant environmental impact by reducing reliance on grid electricity and lowering carbon emissions across North America. About Stardust Solar Energy Stardust Solar Energy Inc. is a North American franchise provider in renewable energy installations, offering expertise in solar PV systems, energy storage solutions, and electric vehicle charging infrastructure. The company empowers entrepreneurs by providing a fully branded business platform, state-of-the-art equipment, and end-to-end support services spanning marketing, sales, engineering, and project management. Stardust Solar Energy stock (TSXV:SUN) last traded at $0.14 and though it is up 7.41 per cent since the year began, it has lost 9.38 per cent since this time last year. Join the discussion: Find out what everybody's saying about this stock on the Stardust Solar Energy Bullboard, and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Business Mayor
28-04-2025
- Automotive
- Business Mayor
Verge's Hubless Wheels for Production Vehicles
Verge Next, a subsidiary of Estonia-based Verge Motorcycles, invented this Donut Motor. It's designed to drive a hubless wheel. Although once seen as something that simply looked cool in renderings, the company says the hubless arrangement brings performance and manufacturing benefits, 'delivering unmatched torque and power density with minimal weight.' For one thing, there's no chain, belt or drivetrain required. Secondly, it frees the body of the bike from the task of holding the motor—everything is now contained within that rear wheel. That means the entire body of the bike can now be filled with batteries, adding range. Furthermore: 'The Verge Next Platform redefines vehicle design, drastically lowering the threshold for creating new two-wheelers. By eliminating unnecessary moving parts, the architecture and engineering processes become significantly simpler and more streamlined.' 'Our solution brings multiple benefits: decreased weight leads to greater efficiency, reduced manufacturing complexity minimizes costs, and fewer components translate to lower maintenance needs over the vehicle's lifetime.' The company has not only incorporated the Donut Motor into their own bikes, but is now licensing the technology. Assuming it does what it says on the tin, our future streetscapes will be covered with hubless bikes, scooters and motorcycles. Here's a closer look at a Verge bike and how its design is influenced by the motor: Enter a caption (optional)
HKFP
23-04-2025
- Politics
- HKFP
European press group says detention of 2 journalists in Macau a ‘serious attack on press freedom'
A European journalist organisation has condemned the detention of two reporters in Macau, calling it 'a serious attack on press freedom.' The Society of European Journalists & Communication Professionals in Asia (JOCPA) issued a statement on Tuesday after police detained two journalists from online news outlet All About Macau, who tried to report on a legislative debate last week. According to All About Macau, two of its reporters were taken for questioning last Thursday after trying to enter the chamber of the Legislative Assembly to report on a debate about the policy address. Police detained the two journalists for 11 hours, the media outlet said in a Chinese-language statement on Friday. The Estonia-based JOCPA called on authorities in Macau and Beijing 'to respect the basic rights enshrined in the Basic Law of Macau, including freedom of the press.' 'The arbitrary detention of two journalists in Macao is a serious attack on press freedom and a warning sign of increasing authoritarianism in the region,' JOCPA founder and president Josep Solano said in the statement. 'It is deeply disturbing that such actions can take place inside a legislative chamber -a space that should embody transparency and accountability.' The Macau government-funded broadcaster TDM cited police as saying that the two reporters were suspected of violating the offence of 'disrupting the operations of the Macau Special Administrative Region authorities.' The reporters tried multiple times to enter the chamber but were rejected, police told the public broadcaster. The pair were taken to a police station after legislative staff called the police because the journalists allegedly shouted in the chamber, it also reported. Local media outlet Macau Elephant reported that three All About Macau reporters were banned from entering the legislature chamber on Tuesday, when the city's new chief executive, Sam Hou Fai, delivered his maiden policy address. Two days later, All About Macau reporters tried to enter the chamber to report on the legislative debate on the policy address, which was attended by Cheong Weng Chon, the Macau secretary for administration and justice. However, some staff formed a human barricade to prevent journalists from entering. Shrinking space One of the two detained reporters taken away is the president of the Macau Journalists Association, the press union said on Friday. It also said that it 'deeply regrets' the incident and that the two reporters 'may face possible criminal charges.' According to the press union's statement on April 13, the Macau government has banned many local magazines and online media outlets from reporting official events, especially those attended by top officials, over the past 100 days since the inauguration of the new administration. 'Looking at the recent situation, the space for covering government news has shrunk significantly,' it said. 'This is not an isolated event, nor are only individual media outlets affected.'
Yahoo
16-04-2025
- Automotive
- Yahoo
Guident Pioneers the Future of Urban Mobility
West Palm Beach, FL, April 16, 2025 (GLOBE NEWSWIRE) -- Guident announces the launch of an autonomous vehicle pilot program that revolutionizes urban public transportation in downtown West Palm Beach. In collaboration with Related Ross, Circuit Transit, and Auve Tech, the project provides a 0.9-mile public transportation route, advancing a vision for smarter and more sustainable mobility. Jessica Keller, West Palm Beach Transportation and Mobility Manager, added, 'The City of West Palm Beach is pleased to be the site for this urban transportation pilot that will showcase innovation in tackling evolving transportation challenges.' Guident and its strategic partner, Estonia-based Auve Tech, are debuting the MiCa, a Level 4 fully autonomous electric shuttle, in its first U.S. deployment. Already operating in several European and Asian countries, MiCa navigates complex urban environments without human intervention. This program aims to collect real-world data, improve safety, and redefine smart, sustainable transit. 'Launching the MiCa pilot in West Palm Beach represents a significant leap forward in autonomous technology,' said Harald Braun, Chairman and CEO of Guident. 'Our collaboration with our esteemed partners underlines a shared vision: to create a safer, more efficient, and connected urban future.' Related Ross is participating in the public-private partnership as it seeks to build a pedestrian-friendly and accessible downtown environment. The real-estate developer is also exploring technology to reduce road congestion, a nationwide issue, as part of its dedication to smart infrastructure and its goal to help shape West Palm Beach into the country's model city. "The future of downtown West Palm Beach hinges on our ability to create spaces that seamlessly connect people with their environment," said Jordan Rathlev, Executive Senior Vice President at Related Ross. 'Integrating mobility solutions like the MiCa pilot lays the groundwork for a more vibrant, accessible downtown.' Integrating advanced autonomy into West Palm Beach transit marks a transformative step, setting new standards for safety and efficiency in public transportation. Alex Esposito, the CEO of Circuit Transit, said 'As a resident of West Palm Beach, it's great to see the City on the forefront of mobility innovation during this time of rapid growth. As a co-founder at Circuit, which currently operates the City (rideWPB) and DDA's downtown services, joining this AV project is a natural and exciting step as we look to continue innovating and expanding our offerings.' Route & Real Time InformationThe route map, real time service location and arrival information are available to anyone on the web at Riders can also use the Transit app to find route and arrival information on the go. Thanks to WPBgo's sponsored Royale access, Palm Beach County riders can make the best of their commute with all the app's features. About GuidentGuident brings cutting-edge technology to market to enhance the safety, efficiency, and functionality of autonomous vehicles and ground-based surveillance and inspection robots. Utilizing proprietary IP and software applications, Guident offers advanced solutions for remote monitor and control. To learn more, visit Guident's website at About Related Ross Led by visionary developer Stephen Ross, Related Ross is a fully integrated real estate firm with unparalleled expertise in mixed-use development. For more than 25 years, Related has led the transformation of West Palm Beach into one of the nation's fastest-growing cities to live, work, and visit. Related Ross leads the market in Class A office with over 2.8M square feet of existing commercial holdings built and under construction. Known for luxury residential buildings, Related Ross is introducing a new class of rentals and condos to the market, including The Laurel and South Flagler House. The company also developed and owns the most celebrated destinations in the region including CityPlace – the most visited neighborhood in the City, fostering culture and enriching the community with lush green spaces, a diverse mix of experiential retail and culinary offerings, the largest concentration of public art installed by a private company in Palm Beach County, educational programming and modern residences; as well as Hilton West Palm Beach, RH West Palm and the historic Harriet Himmel Theater. For more information about Related Ross, please visit About Circuit Transit Circuit is an innovative electric shuttle company, dedicated to making communities more sustainable, livable, and connected. Operating in CA, DC, FL, MA, NY, NJ, TX and WA, Circuit offers on-demand solutions that have provided over 10 million eco-friendly rides without traveling more than a few miles. Addressing the vital first/last-mile gap, Circuit bridges urban connectivity divides through partnerships with municipalities, developers, and advertising partners The service enhances local jobs, community engagement, and brand connections, all while reducing congestion. Discover more and learn how to catch a ride at where innovation and sustainability converge to redefine the last mile. About Auve Tech Auve Tech designs and manufactures compact autonomous shuttles, proven on public roads worldwide. We enable cities, developers, and mobility partners to deploy and manage reliable fleets with expert support. MiCa is an 8-seater autonomous shuttle that has been developed and produced in Estonia. In addition to Japan, MiCa shuttles have operated in Finland, Germany, the United States and several countries in the Middle East. For more information or media inquiries, please contact: Skyline Corporate Communications Group Scott Powell scott@ Guident Communications Harald Braun hbraun@ Related Ross Julia Verlaine jverlaine@ Auve Tech Silver Sign in to access your portfolio
Yahoo
25-03-2025
- Business
- Yahoo
Innovative company develops revolutionary tech that will help millions save on electric bills: 'Unlock the full potential of this technology'
According to EnergySage, standard residential solar panels are about 5.5 feet by 3 feet and weigh 40 to 50 pounds each. This size works well for most homes without modifications needed. However, some houses have abnormally shaped roofs or unique angles, which leaves gaps between standard panels. Fortunately, innovative companies like are devising solar solutions for this problem without compromising energy efficiency or aesthetics. As PV Magazine reported, Estonia-based company developed photovoltaic solar panels that are only about 1.5 feet wide. The company designed this tunnel oxide passivated contact (nicknamed "TOPCon") solar module series for residential homes in two versions: 120-watt and 180-watt outputs. said the narrow solar panels have a discrete, Scandinavian-inspired design, can withstand harsh weather conditions, and are easy to install. The 120W version of the new panel offers 18.6% efficiency, and the 180W version has 19.3% efficiency. This new solar panel option is significant because it provides homeowners with greater choice when it comes to covering their roofs with solar panels. With these new panels, you'll get a slimmer width plus the ability to operate your solar system between minus-40 and 185 degrees Fahrenheit. They can handle hailstones up to nearly an inch in diameter. Meanwhile, gives customers a 10-year product warranty and a 25-year power warranty. "Our other products are already high performers when it comes to energy efficiency, but the Velario Slim will allow even more roof space to be covered and more free energy to be generated," CEO Andres Anijalg said. "This will be especially significant for small or irregular roofs, which are often most at risk of being left with uncovered areas due to these leftover spaces being too small to fit the larger panels." Regardless of what size panels you choose, going solar is one of the best ways to save money, reduce your pollution output, and curb the planet-overheating gases produced by burning dirty energy for heat and electricity. Solar installers can already order the new slim panels in the U.K. and throughout Europe, with deliveries planned to begin in June 2025. Because of their sleek and seamlessly integrated style, they are already gaining popularity in the upscale home renovation market and for historic-building retrofits. If you were going to buy an EV, which of these factors would be most important to you? Good driving range Low sticker price High-tech features Cheap maintenance Click your choice to see results and speak your mind. "The slimmer design of these panels will unlock the full potential of this technology for all homes and buildings," Anijalg said. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
