Platform intended to overcome hurdles related to the financing and development of sustainable projects
CAMARILLO, Calif., May 15, 2023 /PRNewswire-PRWeb/ -- TerraScale Inc., a five-time award-winning green development and infrastructure company, announced a landmark partnership with AGNES Intelligence Inc., a next-generation unsupervised Machine Learning platform, empowering users to search, review and make sense of unstructured data in real time and at hyperscale. This collaboration aims to accelerate the development of renewable energy projects, driving the transition to a more sustainable planet through the development of an advanced, web-based data platform.
This platform will empower Project Sponsors and Institutional Investors to support renewable energy projects from inception to IPO, providing a seamless and transparent process. AGNES will provide the necessary technical support to develop the next-generation platform.
In recent years, institutional investors have been placing greater emphasis on investing in green companies and projects, particularly those centered around geothermal energy. The private sector is expected to develop thousands of these projects in the coming decade. Despite the growing interest in these initiatives, they often face significant challenges due to complexity and the need for a wide range of specialized expertise. Furthermore, the environmental benefits that these projects can provide are often difficult to verify and speculative, presenting a further hurdle for potential investors.
"The world is currently going through two massive upheavals: revolutions in Green Energy and Artificial Intelligence. The Green Energy revolution must be data-driven, transparent, and verifiable," said John H. Snyder, CEO and Founder of AGNES. "AGNES is proud to partner with TerraScale to develop an AI-driven data ecosystem focused on identifying the most impactful Green Energy projects, securing the financial resources and technical expertise to develop them, and, once operational, to measure and analyze every aspect of the project's performance."
"Overcoming the bottlenecks in financing and creating solutions that facilitate the accelerated development of sustainable infrastructure is critical for addressing the climate crisis, promoting economic growth and job creation, achieving social and environmental justice, and meeting global sustainable development goals," said Danny Hayes, CEO of TerraScale. "The partnership between AGNES and TerraScale is a significant step towards achieving these objectives, and it is hoped that more collaborations of this kind will emerge in the future."
About TerraScale Inc.:
TerraScale is a green technology and infrastructure development company reinventing the future of global sustainable development models. TerraScale places green energy, digital infrastructure, and cybersecurity at the center of its data center development projects and solutions. Bringing together the best-in-class partners and service providers across technology, green engineering, cybersecurity, real estate, energy construction firms, and more, TerraScale modernizes businesses and communities around the world- creating solutions and infrastructure that are future-proof. TerraScale is an official authorized reseller for Equinix, The World's Digital Infrastructure Company™. TerraScale is the winner of five prestigious design and architecture awards. For more information, visit https://terrascale.org/.
About AGNES Intelligence:
AGNES Intelligence Inc. is an advanced unsupervised machine learning platform that offers AI-driven solutions for analyzing unstructured data. The company's proprietary technology enables it to extract actionable insights from vast amounts of data across multiple industries, including finance, real estate, and energy. AGNES's solutions are designed to help its clients make data-driven decisions, identify potential risks and opportunities, and optimize their operations. The company's services include data analytics, natural language processing, machine learning, and predictive modeling. With a team of experienced data scientists and engineers, AGNES is committed to delivering innovative and scalable solutions to its clients. For more information, visit: https://agnesintel.com/.
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SOURCE TerraScale
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