Despite considerable economic and technological benefits with worldwide spread, the Oil and Gas industry lags a negative historical footprint of environmental damage and unacceptable ecological damage. Waste and overflows from Oil and Gas contain hydrocarbons, heavy metals and toxic chemicals, all of which have the potential to damage soils and vegetation directly, and eventually groundwater. Air pollution and fires due to spills can also damage multiple agricultural resources.
ArtIn Energy enables solar energy technology converting Oil & Gas fields into sustainable Green Energy Hubs, in addition to immeasurable cost saving strategies reducing operational energy bills for multiple corporations across America. The cost of solar has plummeted to the point where electricity from solar photovoltaics (PV) is produced for 2 to 5 cents per kilowatt hour, compared to 15 cents per kilowatt hour for fossil fuel power generation.
ArtIn Energy designed, financed, produced and installed a 10 MWp solar power farm in Casanare – Colombia, becoming the largest solar energy system in the private oil and gas sector in Latin America. ArtIn Energy total investment in this project on behalf of GeoPark Ltd (NYSE: GPRK) exceeds USD $9 million, providing employment for more than 200 local employees. This solar farm contributes to a clean environment by reducing 5,915 tons of CO2 pollution, which is equivalent to planting more than 200,000 trees in the next 10 years.
In addition to Oil fields, Gas extraction centers are also becoming energy sustainable with the ArtIn Energy
green technology. Canacol Energy Ltd (TSE: CNE) is relying on the ArtIn Energy Energy Storage Systems with seamless operational excellence integrating photovoltaic solar energy, displacing the expensive and environmentally damaging diesel plants.
Canacol Energy Ltd (TSE: CNE) is the largest independent onshore conventional natural gas exploration and production company in Colombia, supplying approximately 20% of the country’s gas needs. The Corporation’s common stock trades on the Toronto Stock Exchange, the OTCQX in the United States of America, and the Colombia Stock Exchange under ticker symbol CNE, CNNEF, and CNEC, respectively.
In addition to being noise-friendly,ArtIn Energy batteries are also environment-friendly. Unlike generators, they don’t require using fossil fuels that produce polluting gas emissions. Since solar battery systems obtain power from the sun. Energy storage can save operational costs in powering the grid, as well as save money for electricity consumers who install energy storage in their facilities. Energy storage can reduce the cost to provide frequency regulation and spinning reserve services, as well as offset the costs to consumers by storing low-cost energy and using it later, during peak periods at higher electricity rates.
USA | Florida
360 Central Ave Suite 800
St. Petersburg – FL 33701
+1 727 800 8091
Colombia | Bogota
CARRERA 19 # 95 – 55 Torre Platino Torre Platino, Oficina 801, Bogotá, Cundinamarca
+57 602 6651668
Israel | Tel Aviv
Ayalon House 12 Abba
Hillel Street 16th
P.O.BOX 3306
+972 3 754 1111
China | Shanghai
Astronautics Building
No.222, Caoxi Road
+86 21 6482 8990