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Energy · Education
Alumni-designed chimes, student craftsmanship, and a new commissioned work come together on Osterlin Mall during Academy Reunion Weekend 2026 INTERLOCHEN, Mich., Oct. 14, 2026 /PRNewswire-PRWeb/ -- Interlochen Center for the Arts continues to celebrate its centennial with "Sounding the...
Oct 14 · 13:05·PRWeb
Energy
(PR-inside.com) The new partnership gives fleets more places to fuel and Jacksons a new way to attract commercial volume at hundreds of its store locations. CUPERTINO, CA / ACCESS Newswire / October 14, 2026 / Piston , the cardless payment network that connects commercial fleets and gas stations, today announced that fleets can now use Piston at 341 Jacksons Food Stores locations across multiple states in the western U.S. All locations are live, giving fleets on Piston's network more places to purchase fuel and creating a new avenue for Jacksons to grow commercial fuel volume. Piston allows drivers to authorize and pay for ..
Oct 14 · 13:00·PR-Inside
Finance · Energy
2026 Year-To-Date Results Show Efficiencies Across Franchise Recruitment, Sales, and Store Development as the Brand Continues to Expand Nationwide HARTLAND, Wis., Oct. 14, 2026 /PRNewswire/ -- Batteries Plus, the nation's leading battery and power solutions service center, is reporting...
Oct 14 · 12:50·PR Newswire
Finance · Crypto
OpenWorld, Inc. ("OpenWorld" or the "Company") (NASDAQ: OPNW), an innovation company advancing global real-world asset ("RWA") tokenization, today announced that it has entered into a non-binding term sheet with Meridian to establish a tokenized financing program of up to $[1] billion to fund the purchase and deployment of a distributed AI computing network powered by solar energy and Tesla Powerwall battery storage. Under the term sheet, OpenWorld will serve as advisor, structuring agent and services provider for the program, and its OpenWorld Enterprise platform will finance, coordinate and monitor the network.
Key Highlights
Up to $1 billion in tokenized financing: OpenWorld structures and administers the tokenized financing program on OpenWorld Enterprise. Tesla Powerwall batteries, solar panels and AI computing equipment serve as collateral within the structure.
Exclusive Tesla Powerwall inventory: Meridian holds exclusive rights to a reserved inventory of Tesla Powerwall systems that qualified for federal clean-energy tax credits before those credits were discontinued. [The inventory covers more than 160,000 Powerwalls, enough to support approximately 80,000 homes.]
Initial deployment of 10,000 homes: [GPU-equipped computers at participating homes, with larger installations at local schools, hospitals and commercial campuses.]
AI inference without new data centers: AI providers pay to run trained models on the network with no new centralized data-center sites, no additional grid interconnections and no water-based cooling. The program is intended to supply capacity to one or more leading AI inference providers.
Hosts get paid: Homeowners receive monthly hosting payments and lower-cost electricity, with household energy needs taking priority over computing workloads. Commercial hosts receive a share of site revenue and backup power.
Timeline: Test installations scheduled to begin in the fourth quarter of 2026; first commercial site targeted for the first quarter of 2027.
Builds on the BeyondAI transaction: Follows last week's proposed transaction with BeyondAI, which would transform BeyondAI’s industrial AI intellectual property rights into financeable collateral on OpenWorld’s tokenization platform.
Solving the Power Problem in AI Infrastructure
Access to power is a growing constraint on AI infrastructure. New data centers face lengthy grid interconnection timelines, local opposition and significant water demands. The planned network of home-hosted, distributed AI inference computing would place GPU-equipped computers at participating homes and larger installations at local schools, hospitals and commercial campuses, each powered by on-site solar generation and Tesla Powerwall storage. AI providers would pay to use this computing capacity for inference, the process of running trained AI models, without requiring new centralized data-center sites, additional grid connections or water-based cooling.
Participating homeowners would receive monthly hosting payments and lower-cost electricity, with household energy needs taking priority over computing workloads. Commercial hosts would receive a share of site revenue and backup power.
How the Program Works
Meridian, a privately held Delaware limited liability company, specializes in optimizing tax credits for Tesla Powerwall systems and holds exclusive rights to a reserved inventory of Powerwall systems that qualified for federal clean-energy tax credits before those credits were discontinued. [The inventory covers more than 160,000 Powerwalls, enough to support installations at approximately 80,000 homes. The program’s initial deployment is planned for 10,000 homes.]
Under the term sheet, OpenWorld will serve as advisor, structuring agent and services provider for the financing program. OpenWorld will establish and administer the tokenized financing structure on its OpenWorld Enterprise platform. The financing would support Meridian’s purchase and deployment of Tesla Powerwall batteries and associated AI computing equipment, as well as the purchase by OpenWorld or a subsidiary of solar panels, all of which would serve as collateral within the structure.
OpenWorld is also developing an integrated system to power and operate each installation. The OpenWorld Enterprise platform will coordinate computing workloads across the network, monitor equipment performance and provide investors with reporting on the underlying assets. The program is intended to supply computing capacity to one or more leading AI inference providers. Test installations are scheduled to begin in the fourth quarter of 2026, with the first commercial site targeted for the first quarter of 2027.
Management Commentary
“Access to power is becoming the major constraint on the growth of AI infrastructure,” said Matt Shaw, CEO and Chairman of OpenWorld. “By bringing computing equipment to homes and commercial properties through solar generation and Tesla Powerwall storage, we can build AI capacity closer to the power source instead of waiting years for a grid connection. Our term sheet with Meridian brings together the tokenization, financing and operating capabilities needed to develop this network at scale, and it shows what OpenWorld Enterprise is built to do: turn real-world assets into financeable, on-chain infrastructure.”
“Meridian’s rights to a large inventory of tax-qualified Tesla Powerwall systems provide the critical foundation for this program,” said Josh Raffaelli, founder of Meridian and clean energy investor. “OpenWorld will help us finance the equipment and manage the network, turning solar generation and battery storage at participating properties into infrastructure that can serve growing demand for AI computing.”
If a transaction is consummated, Mr. Raffaelli is expected to join OpenWorld’s board of directors. Certain officers and directors of OpenWorld hold interests in Meridian; additional information regarding these relationships is included in the Company’s Current Report on Form 8-K.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “expected,” “would,” “will,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify forward-looking statements. These include statements about the proposed engagement, the size, timing and structure of the financing program, the Distributed Inference Program, anticipated offtake arrangements and tax credit treatment. These statements are subject to risks and uncertainties that could cause actual results to differ materially. Those risks include failure to execute definitive agreements, market conditions, regulatory developments affecting tokenized securities, tax law changes and the risks described in OpenWorld’s Annual Report and Quarterly Reports filed with the SEC, including under the heading titled “Risk Factors.” OpenWorld undertakes no obligation to update these statements except as required by law. Tesla and Powerwall are trademarks of Tesla, Inc. Tesla, Inc. is not a party to the term sheet described in this release.
No Offer or Solicitation
This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
About OpenWorld
OpenWorld, Inc. (NASDAQ: OPNW) is a technology-powered digital assets and blockchain innovation company that co-architects and takes principal positions in enterprise blockchain initiatives alongside sovereign governments, institutional partners and major enterprises. Since its founding in 2023, OpenWorld has advised on projects representing over $66 billion in aggregate network value and supported more than 20 companies backed by leading global venture firms, including a16z, Multicoin Capital, Dragonfly and Founders Fund. OpenWorld’s capabilities span real-world asset tokenization, stablecoin infrastructure, capital markets advisory, governance structuring and public markets strategy, with active engagements across the United States, Gulf, Europe, Southeast Asia and Africa. To learn more, visit openworld.dev and follow OpenWorld on X at [@_openworld].
About Meridian
Meridian is a privately held Delaware limited liability company that specializes in optimizing federal clean-energy tax credits for Tesla Powerwall systems and holds exclusive rights to a reserved inventory of tax-credit-qualified Powerwall systems.
Contacts
Investors
ir@openworld.dev
Media
Gasthalter & Co.
Phone: (212) 257-4170
Email: openworld@gasthalter.com
Copyright 2026 ACN Newswire. All rights reserved. www.acnnewswire.com
Oct 14 · 12:30·mlpr-acnnewswire
Finance · Energy
(PR-inside.com) TORONTO, ON / ACCESS Newswire / October 14, 2026 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a lithium-ion battery technology and manufacturing company, today provided a business update, including preliminary fiscal 2026 revenue expectations and progress on its Jamestown, New York manufacturing facility and ElvaPulse™ stationary energy storage product line. All dollar amounts are in U.S. dollars unless otherwise noted. Highlights: Unaudited revenue for the fiscal year ended September 30, 2026 ("FY2026") is expected to be a record and within previously issued guidance of approximately $71 million of normalized revenue, despite macroeconomic headwinds in core end markets. Audited FY2026 results, expected ..
Oct 14 · 12:00·PR-Inside
Finance · SaaS
(PR-inside.com) QUEBEC, QC / ACCESS Newswire / October 14, 2026 / NuRAN Wireless Inc. (NASDAQ:NUR)(FSE:1RN) ("NuRAN" or the "Company"), a leading provider of rural connectivity infrastructure in Africa, today announced the activation of 29 towersin October and provided an update on NuEnergy Africa Ltd ("NuEnergy"), its wholly owned energy subsidiary. The sites advance the conversion of NuRAN's contracted backlog of more than 5,000 towers into operating assets and recurring revenue. NuEnergy is being developed as a dedicated platform for the solar, battery-storage and hybrid power systems supporting NuRAN's network, with the objective of improving site economics, increasing asset utilization and creating ..
Oct 14 · 11:35·PR-Inside
Finance · Energy
Vancouver, British Columbia--(Newsfile Corp. - October 14, 2026) - CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (OTCQB: CCEYF) ("CanCambria" or the "Company") is pleased to announce that it has awarded the contract for its proprietary Soltvadkert/Tazlar/Alpar ("STA") Shallow Oil 3D seismic survey to Acoustic Geophysical Services Ltd. ("AGS") of Hungary. Under the terms of the agreement, AGS is scheduled to commence field operations on November 1, 2026, with field acquisition expected to be...
Oct 14 · 11:35·mlpr-newsfile
Energy
(PR-inside.com) TULSA, OK AND VANCOUVER, BC / ACCESS Newswire / October 14, 2026 / Jericho Energy Ventures Inc. (TSXV:JEV)(OTCID:JROOF)(FRA:JLM) ("Jericho", "JEV" or the "Company") is pleased to announce the appointment of Julie Corelli to its Board of Directors, effective October 13, 2026. Following the appointment of Ms. Corelli, the board will comprise six directors. Ms. Corelli is a retired corporate attorney who brings more than 40 years of legal, transactional and governance experience to Jericho. She retired in January 2026 from Troutman Pepper Locke, a leading Am Law 50 law firm with more than 1,600 attorneys across more than 30 offices in ..
Oct 14 · 11:30·PR-Inside
Real Estate · Energy
Vancouver, British Columbia--(Newsfile Corp. - October 14, 2026) - Atomic Minerals Corporation (TSXV: ATOM) (OTCQB: ATMMF) (FSE: DO8) ("Atomic Minerals" or the "Company") announces the results of a radon cup survey at its 1,516.5 acre (614 hectare) South Lisbon Valley East property ("SLVE") located within the Colorado Plateau uranium district, approximately 35 kilometres NE of Monticello, Utah.The survey was designed to detect elevated radon gas emanating from the base of the Moss Back Member of...
Oct 14 · 11:30·mlpr-newsfile
Energy
Oct 14 · 11:30·Newswire.com
Energy
CALGARY, AB, Oct. 14, 2026 /PRNewswire/ -- Horizon Petroleum Ltd. ("Horizon" or the "Company") (TSXV: HPL) (FRA: HPM) (Tradegate: HPM) is pleased to announce that its wholly owned Polish subsidiary, Energia Karpaty Zachodnie sp. z o.o. ("EKZ"), has successfully completed the main flow...
Oct 14 · 11:30·PR Newswire
Finance · Energy
OKLAHOMA CITY, Oct. 14, 2026 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ: TUSK) ("Mammoth" or the "Company") will host a conference call on Friday, October 30, 2026, to discuss the Company's results for the third quarter ended September 30, 2026. The conference call will begin...
Oct 14 · 11:30·PR Newswire