A startup in Spain called Vortex, has come up with a new design for wind turbines. It’s called Bladeless, and it’s a wind turbine with — you guessed it — no blades.
The bladeless turbines are massive poles jutting out of the ground. Because they’re thinner than a regular wind turbine and have no blades, more of them can fit into a space, meaning more electricity can be generated while taking up less real estate. See more here: Try not to jiggle while watching these amazing wind turbines. Here is a direct video link.
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Cory’s Chart Corner
Wow...RBC trying hard to obfuscate an 8x growth in loan losses with candy for the kiddies, buybacks and dividend hike. Morning other Danielle...
h/t @DiMartinoBoothDanielle DiMartino Booth @DiMartinoBoothBattening down the hatches with an eight-fold hike in loan loss provisions north of the border:
@RBC provisions for performing loans totaled C$568 million in the second quarter, up from C$68 million in the first three months of the fiscal year.
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