article thumbnail

AMPLY Power and Duke Energy Sustainable Solutions collaborate on bus fleet electrification and solar-powered overhead charging

Green Car Congress

AMPLY Power is working with Duke Energy Sustainable Solutions to expand fleet electrification offerings, including the first commercially available combination solar canopy and overhead electric vehicle charging solution covered by a power purchase agreement (PPA) leasing and financing model. PIDE Canopy Mount.

Solar 221
article thumbnail

Lightyear raises $110 million to bring its $170,000 ‘solar’ electric car to market

Electrek

Lightyear, a startup developing electric solar cars, has announced a significant $110 million round of financing to bring its first vehicle to market. more… The post Lightyear raises $110 million to bring its $170,000 ‘solarelectric car to market appeared first on Electrek.

Solar 145
article thumbnail

Volvo Buses in project researching use of second-life electric bus batteries to store solar energy

Green Car Congress

Volvo Buses is participating in a research project in which used electric bus batteries are used as solar energy storage units. Batteries from electric bus route 55 in Gothenburg, Sweden are being used for solar energy storage in a second-life application. IRIS is a Light House project, financed by EU HORIZON 2020.

Store 273
article thumbnail

REC to offer financing for 50,000 e-buses over the next 2-3 years | Autocar Professional

Baua Electric

Rural Electrification Corporation (REC) Ltd almost tripled its funding for electric buses to roughly 10,000 buses in FY24. Beyond electric buses, REC has outlined a tenfold higher allocation towards the entire renewable energy portfolio to about Rs 3 lakh crore by 2030.

article thumbnail

SolarCity and Honda to finance $50M more in solar projects for Honda and Acura customers and dealerships

Green Car Congress

SolarCity and Honda have renewed their partnership with a new fund expected to finance $50 million in solar projects. The new commitment will make solar power more affordable and available to Honda and Acura customers and dealerships in the US. MW of solar generation capacity. MW of solar generation capacity.

Acura 218
article thumbnail

SolarCity and Honda establish investment find to finance $65M in solar projects for Honda and Acura customers

Green Car Congress

are partnering to make solar power more affordable and available to Honda and Acura customers in the US, providing a cleaner source of electricity at a lower cost than utility-supplied power. SolarCity and American Honda Motor Co.,

Acura 218
article thumbnail

Renewables to overtake coal as largest global electricity source in 2025

Teslarati

While more effort is needed to reach that goal, one energy organization has predicted that renewables will overtake coal generation as the world’s largest electricity source in early 2025. There are still some big hurdles to overcome, including the difficult global macroeconomic environment.” “For

Coal 134