Lifeboat Foundation

He is now the richest person in the world with a gap of a little over $10 billion.

Elon Musk, who broke records of personal wealth last year as the stock of his electric vehicle company Tesla soared, now has another record to his name. With Tesla’s stock price continuing its decline in 2022, Musk’s fortune has dropped by over $100 billion this year, Bloomberg.

Musk’s worth is mainly tied to his stock holding in Tesla, which according to recent estimates, now stands at around 14 percent. The CEO began offloading Tesla stock last year as the stock price soared and reached an all-time high of $402.

Solar farms moving from the land to the water.

Large solar arrays on land take up land that can be used to grow food. Solar arrays over water provide significant advantages.

Chemists have created nanorobots propelled by magnets that remove pollutants from water. The invention could be scaled up to provide a sustainable and affordable way of cleaning up contaminated water in treatment plants.

Martin Pumera at the University of Chemistry and Technology, Prague, in the Czech Republic and his colleagues developed the nanorobots by using a temperature-sensitive polymer material and iron oxide. The polymer acts like tiny hands that can pick up and dispose of pollutants in the water, while the iron oxide makes the nanorobots magnetic. The researchers also added oxygen and hydrogen atoms to the iron oxide that can attach onto target pollutants.

The robots are about 200 nanometres wide and are powered by magnetic fields, which allow the team to control their movements.

Currently floating on a lake in the Netherlands, the solar island comprises 180 movable solar panels that provide an increase in energy production by up to 40 percent.

A Portuguese company’s sustainable solution is following the Sun, almost like a stalker, in a bid to get the most out of its energy.

SOLARISFLOAT

Continue reading “A Portuguese company’s innovative floating solar panels stalk the Sun’s movements” »

Tesla (NASDAQ: TSLA) may be slowly making its way toward Ark Invest’s Golden Goose scenario, which involves a $22,000 price target pre-split.

At the beginning of 2020, ARK Invest released its updated TSLA valuation based on new research it had collected at the time. ARK analysts described ten difference scenarios Tesla could take leading up to 2024 and gave each one a price target.

Tesla seems to be on track to hit the scenario ARK Invest labeled “The High Functioning EV Company” which has a price target of $3,400. Keep in mind that ARK released these estimates before Tesla announced the stock split. In this scenario, Tesla manages to lower costs and build factories efficiently, but doesn’t launch its autonomous network.

Continue reading “New York Leads World’s Most Innovative Cities” »

Two-dimensional materials, which consist of just a single layer of atoms, can be packed together more densely than conventional materials, so they could be used to make transistors, solar cells, LEDs, and other devices that run faster and perform better.

One issue holding back these next-generation electronics is the heat they generate when in use. Conventional electronics typically reach about 80 degrees Celsius, but the materials in 2D devices are packed so densely in such a small area that the devices can become twice as hot. This temperature increase can damage the device.

This problem is compounded by the fact that scientists don’t have a good understanding of how 2D materials expand when temperatures rise. Because the materials are so thin and optically transparent, their thermal expansion coefficient (TEC)—the tendency for the material to expand when temperatures increase—is nearly impossible to measure using standard approaches.

Solar panels often get a bad rap for spoiling the appearance of homes and businesses. Yet, this may be about to change.

Solar power could be gathered far away in space and transmitted wirelessly down to Earth to wherever it is needed. The European Space Agency (ESA) plans to investigate key technologies needed to make Space-Based Solar Power a working reality through its SOLARIS initiative. Recently in Germany, one of these technologies, wireless power transmission, was demonstrated to an audience of decision-makers from business and government.

The demonstration took place at Airbus’ X-Works Innovation Factory in Munich. Microwave beaming was used to transmit green energy between two points representing ‘Space’ and ‘Earth’ over a distance of 36 meters.

Continue reading “ESA SOLARIS: Wireless Power Beamed Down From Space” »