Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home News

EV Battery Tech Provides Progress Update with Regards

Urja Daily by Urja Daily
January 27, 2022
in News
Reading Time: 2 mins read
0
EV Battery Tech
Share on FacebookShare on TwitterShare on Linkedin

Vancouver – Extreme Vehicle Battery Technologies is pleased to have completed the necessary financing arrangements to enable its recently acquired subsidiary, Optimal CP Inc., to execute on its business plan to develop state-of-the-art mining operations facilities.

Optimal is focused on developing facilities in Canada’s energy hub of Alberta that will leverage direct access to clean, reliable, low-cost power generation facilities.  Using a unique operating approach, Optimal’s facilities will continue to support the peak needs of the Alberta grid, thus offering increased value to generators while providing some of the lowest-cost, cleanest and most reliable mining operations in world.
 
With these funds in place, Optimal intends to move quickly in establishing and commissioning its initial mining facility, which will utilize at least 3.5 MW of clean, cost-effective generation to ultimately power a minimum of 1,000 mining ASIC mining machines.
 
Using a phased approach to build out electrical and enclosure infrastructure to accommodate miners, Optimal is projecting to commission at least   500 kW per month of rack space, allowing the Company to achieve a total mining hashrate of approximately 100 petahash and with a projected mining capacity of more that 12 bitcoins per month in the first half of 2022.
 
“The acquisition of Optimal has given the Company control of Optimal’s development pipeline and its seasoned management team that will enable a smooth transition for the Company as it continues to focus on its core blockchain business and the introduction of this new cryptocurrency mining unit,” commented EV Battery Tech CEO, Bryson Goodwin.
 
“These are exiting times as our experienced team  commissions its initial mining facility, providing the foundation for a bright, growth-oriented future in the mining space in Alberta,” stated President of Optimal, Kevin Gilchrist.

RELATED POSTS

VinFast Expands into Hyderabad with Dual Showroom Launch

Samsung and Videotex Partner to Expand Tizen OS TVs in India

Tags: EV Battery TechTechnologiesVehicle Battery
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

VinFast

VinFast Expands into Hyderabad with Dual Showroom Launch

by Palak
September 26, 2025
0

Hyderabad, Telangana, India - VinFast Auto India announced the inauguration of its two showrooms in Hyderabad, further strengthening its presence...

Samsung

Samsung and Videotex Partner to Expand Tizen OS TVs in India

by Palak
September 25, 2025
0

Delhi : Videotex International Pvt. Ltd. has announced a partnership with Samsung to locally manufacture Smart TV powered by Samsung Tizen OS...

Mitsubishi Electric

Mitsubishi Electric Launches KEGMIL to Streamline Elevator and Escalator Service Management

by Palak
September 25, 2025
0

TOKYO - Mitsubishi Electric Building Solutions Corporation (MEBS, Head Office: Chiyoda-Ku, Tokyo; President: Iwao Oda) today announced the introduction of KEGMIL, a...

WOTR

Maharashtra, WOTR Sign Pact to Mainstream Ecological Resilience in State Planning

by Palak
September 23, 2025
0

Pune: The Department of Environment and Climate Change, Government of Maharashtra, has signed an MoU with the Watershed Organisation Trust (WOTR)...

AIIMS Pulse

AIIMS Pulse 2025: Dr. Abraham Kumar Honored as Jury Member for Golden Jubilee Edition

by Palak
September 23, 2025
0

New Delhi: Pulse celebrated its 50th edition this year with unmatched grandeur, cementing its reputation as South Asia’s largest medical college...

Next Post
Azure-Power

Azure Power Announced Final Results of Rights Offering

charging electric car

Wired Charging Market to Reach $15.9 Bn, Globally, by 2030

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

VinFast

VinFast Expands into Hyderabad with Dual Showroom Launch

September 26, 2025
Mr. Saleem Ahmed, Officiating Head, ESSCI

India Can Lead in Semiconductor Innovation, If We Skill Right

September 25, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

VinFast Expands into Hyderabad with Dual Showroom Launch

India Can Lead in Semiconductor Innovation, If We Skill Right

Samsung and Videotex Partner to Expand Tizen OS TVs in India

Mitsubishi Electric Launches KEGMIL to Streamline Elevator and Escalator Service Management

Zen Mobility Launches Pixi Pod and Pico Pod for Urban EV Needs

Renewables Resilience: July Data Shows Growth Amidst Anti-Clean Energy Bills

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved