Expectations For Renewable Energy Finance in 2021-2024: Growing Confidence in the Aftermath of the Pandemic. For more information please see below link:
General Motors Escalates The Electric Vehicle Arms Race
General Motors Co on Wednesday boosted its spending on electric and autonomous vehicles, pulled ahead plans for two U.S. battery plants and forecast stronger-than-expected second-quarter profits. The No. 1 U.S. automaker said it will now spend $35 billion through 2025 on EVs, an increase of 75% from March 2020 before the COVID-19 pandemic shut down […]
Climate Policies Could Hand Power And Profits Back to OPEC
The Western rush to replace oil has Gulf producers laughing all the way to the bank. By Ellen R. Wald, a non-resident senior fellow at the Atlantic Council’s Global Energy Center and president of Transversal Consulting, and Jonathan H. Ferziger, a Jerusalem-based nonresident senior fellow at the Atlantic Council and a former Middle East correspondent. […]
Tritium Partners With Loop EV Charging Network to Expand DC Fast Charging Infrastructure
Tritium’s first project with Loop fills a charging gap in Los Angeles’ Miracle Mile. The partnership is expected to extend to Arizona, New York, and New Jersey, with further installations in California. TORRANCE, Calif : To meet growing demand for electric vehicle (EV) charging infrastructure throughout the U.S., Tritium, a global leader in direct current […]
GM to Supply Electric Batteries, Hydrogen Fuel Cell Systems For Wabtec Locomotive
Under the nonbinding memorandum of understanding, GM will supply Ultium electric batteries and Hydrotec hydrogen fuel cell power cubes. Terms of the deal were not disclosed. DETROIT: General Motors Co will supply electric batteries and hydrogen fuel cell systems for rail supplier Wabtec Corp’s locomotives, in a move extending the No. 1 U.S. automaker’s reach […]
More Charging Options Needed At Work, Say Electric Vehicle Drivers
Employers that provide charging stations for electric cars will boost the shift to EVs, make themselves more attractive to potential hires, finds Ipsos and EVBox Group survey. Despite major government policy and auto industry developments aimed at helping more U.S. drivers switch to electric vehicles (EVs), most EV drivers (78%) say they don’t have enough […]
Tesla’s China-Made Vehicle Sales Surge 29% in May – Auto Association
China’s new electric vehicle sales surged 177% to 185,000 cars in May from a year earlier, CPCA said. Overall passenger vehicle sales, however, rose just 1.1% to 1.66 million cars. BEIJING: Tesla Inc sold 33,463 China-made electric cars in May, including exports, a 29% jump from April, according to data from the China Passenger Car […]
U.S. Company Bets on Solar Manufacturing Upturn With New Plant
A U.S. energy company is betting it can help revive domestic solar manufacturing by moving a panel factory from the Pacific Northwest to Upstate New York and cashing in on government support. Convalt Energy is developing a factory in Watertown, New York, that Chief Executive Officer Hari Achuthan envisions producing about 700 megawatts of panels […]
7-Eleven to Add 500 Electric-Vehicle Charging Ports by End of 2022
7-Eleven will install 500 EV-charging ports at 250 locations. 7-Eleven Inc. plans to build at least 500 charging ports for electric vehicles in the U.S. and Canada by the end of 2022.In a statement Tuesday, the convenience-store chain, which is owned by Japan’s Seven & I Holdings Co. 3382, +0.16%, announced a massive expansion of […]
How China Beat the U.S. to Become World’s Undisputed Solar Champion
For Mayor Tom Hughes and the other politicians gathered to cheer the opening of a $440 million solar panel plant in Hillsboro, Oregon, it was a moment of glory. The arrival of SolarWorld AG promised to be a turning point for his hometown just west of Portland. “Not just because of SolarWorld itself,” Hughes recalled, […]
