Salgenx Reveals the Future of Energy Storage with a Grid-Scale Multifunctional Industrial Powerhouse
MADISON, Wis., May 26, 2023 (GLOBE NEWSWIRE) -- Salgenx, a leading innovator in energy storage technology, has unleashed its latest breakthrough in the field of grid-scale energy storage. The company has introduced a revolutionary multifunctional industrial powerhouse that is set to redefine the way we store and utilize energy.
With the growing demand for sustainable and efficient energy solutions, Salgenx has taken a bold step towards addressing the challenges of grid-scale energy storage. The newly unveiled multifunctional industrial powerhouse combines cutting-edge technology, unmatched performance, and a commitment to eco-friendly lean design practices.
The core feature of Salgenx's groundbreaking technology lies in its ability to offer a multifunctional approach to energy storage. This innovative jaw-dropping solution not only provides grid-scale power storage but also boasts a range of additional functionalities that enhance its value and versatility while charging. Salgenx's industrial powerhouse can handle multiple tasks, including desalination of water, graphene production, and other industrial processes, making it a truly transformative asset for industries worldwide.
What sets Salgenx's multifunctional industrial powerhouse apart is its unparalleled affordability using salt water as its core. With a commitment to providing accessible energy storage solutions, Salgenx has managed to achieve a breakthrough in cost reduction, ensuring that this advanced technology is available to a wider range of customers. This marks a significant step forward in the global transition towards cleaner and more sustainable energy systems since salt water covers more than 70 percent of Earth. Tax credits of $35 per kW are available for battery production, while carbon credits are associated with the production of cathode materials.
"We are thrilled to unveil the oil well of the future, where renewable energy from wind turbines or solar photovoltaic systems can be utilized to generate power, desalinate salt water, and produce graphene simultaneously while charging into energy storage," said Greg Giese, CEO of Salgenx. "Our goal is to revolutionize the way energy is stored, harnessed, and utilized. With this groundbreaking technology, we aim to empower industries across the oceans to achieve their sustainability targets while maximizing efficiency and minimizing costs."
Salgenx is calling upon industry leaders, policymakers, and stakeholders to join forces and embrace this transformative energy storage solution. Together, we can accelerate the transition towards a more sustainable and resilient future.
For more information about Salgenx's grid-scale multifunctional industrial powerhouse and to explore partnership opportunities, please visit www.salgenx.com or contact greg@salgenx.com
About Salgenx a division of Infinity Turbine LLC
Salgenx is a cutting-edge technology company dedicated to revolutionizing energy storage solutions. With a focus on grid-scale applications, Salgenx develops innovative and sustainable technologies that address the challenges of the rapidly evolving energy landscape. The company's commitment to affordability, performance, and eco-friendly practices sets it apart as a leading player in the energy storage industry.
Media Contact:
Greg Giese
CEO
Salgenx (a division of Infinity Turbine LLC)
Phone: +1 (608) 238-6001
Email: greg@salgenx.com or greg@infinityturbine.com
Infinity Turbine Website: https://www.infinityturbine.com
Salgex: https://salgenx.com
Salt Water Redox Flow Battery Technology Report: https://infinityturbine.com/flow-battery-technology-report.html
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/e4f83532-2e01-470c-9b8c-6bc14042b3ca
https://www.globenewswire.com/NewsRoom/AttachmentNg/ba5c9e5e-986d-45df-9aa2-8e18079433bb
https://www.globenewswire.com/NewsRoom/AttachmentNg/ca07c00d-3fe2-4730-b8d5-1436aa582a23
A video accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/52cdc9a7-8ed1-4689-a40b-ea6a133f572f
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notifiedGlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release
Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a
DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release
Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68
Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release
Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.
Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release
AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us
Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release
VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin