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Lightsource bp, together with Xcel Energy and EVRAZ North America , launched its new 300-megawatt Bighorn Solar project. The Bihorn Solar project is primarily located on 1,800 acres of land on EVRAZ Rocky Mountain Steel property in Pueblo.
Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Financing Project VGV: the Green Redemption Fund. Private green funds could help finance a global fund. Diagram: Isabelle Plat.
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.
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., < The offer is time-limited.
Investment in new large- and small-scale solar projects rose to a record-breaking $120 billion, up 33% from the first half of 2021. Wind project financing was up 16% from 1H 2021, at $84 billion. China posted remarkable investment growth in both wind and solar project finance, according to the report.
Tesla has launched a new financing option for its Solar Roof with lower monthly payments as the company tries to make the product more affordable. more… The post Tesla launches new financing option for Solar Roof with lower monthly payments appeared first on Electrek.
California-headquartered SunPower (Nasdaq:SPWR) announced today that it’s launched SunPower Financial, which means that customers working with SunPower to buy rooftop solar and storage no longer need a third-party lender to obtain and manage financing.
Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa.
billion in financing to replace Puerto Ricos fossil fuel plants with solar and battery storage through 2032. The US Department of Energy (DOE) today announced $1.2
The New Terminal One will have what its creators have said is the largest solar array at any US airport, which will power a fleet of electric vehicles used at the terminal both landside and airside. Construction of the massive array, consisting of more than 13,000 solar panels on the terminals roof, began in 2024.
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.
Combining solar power and lithium ion batteries, the Zephyr aircraft holds world records for endurance as well as altitude, flying at 70,000 feet or higher. The Zephyr platform is a new class of unmanned air vehicle that operates as a high-altitude pseudo-satellite (HAPS) enabling affordable, persistent, local satellite-like services.
The US Department of Energy (DOE) will award $56 million over three years—subject to congressional appropriations—for 21 total projects to further advance advanced concentrating solar power technologies (CSP). CSP awards. These systems can be combined with existing fossil-fuel plants to allow for flexible power generation.
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.
Exelon Corporation will provide equity financing for 21 megawatts (MW) of Bloom Energy solid oxide fuel cell (SOFC) projects at 75 commercial facilities in California, Connecticut, New Jersey and New York.
million) in another financing round. The proceeds of the investment round will accelerate the company’s growth and support the scaling and commercialization of Synhelion’s solar fuels technology. Synhelion is developing two pathways to solar fuels: Redox splitting. This ultra-clean solar fuel closes the carbon cycle.
New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. billion and $2.7
This figure includes investment in projects—such as renewables, storage, charging infrastructure, hydrogen production, nuclear, recycling and CCS—as well as end-user purchases of low-carbon energy devices, such as small-scale solar systems, heat pumps and zero-emission vehicles. from the year prior.
In countries that choose to continue or increase their use of nuclear power, it can reduce reliance on imported fossil fuels, cut carbon dioxide emissions and enable electricity systems to integrate higher shares of solar and wind power.
With solar charging as an option, LAND aims to gain traction in the new mobile energy market. The District is on sale now, starting at $7020 after a 10% EV tax credit, with financing available. We are excited to be entering US production and look forward to shipping our first orders. —Scott Colosimo.
Commercialrooftop solar developer Solar Landscape secured a record-breaking $847 million in 2024 to fund its largest-ever portfolio of commercial rooftop solar projects. This windfall will finance over 200 US installations and bring clean energy to the equivalent of more than 50,000 homes.
sonnen, the European market leader for smart energy storage systems, announced a partnership with SolarWorld, the largest crystalline-silicon solar manufacturer in the US and PetersenDean, the nation’s largest residential roofing company with more than a million roofs under its belt. Guaranteed lifetime is 10,000 cycles or 10 years.
The US Department of Energy (DOE) announced $20 million in funding to advance perovskite solar photovoltaic technologies. ( When used to create solar cells, they have shown potential for high performance and low production costs. Teams must be led by a DOE Federally Funded Research and Development Center/National Laboratory.
The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). CEFC finance remains central to filling market gaps, whether driven by technology, development or commercial challenges. The CEFC Advancing Hydrogen Fund will draw on existing CEFC finance.
Solar developer Primergy Solar has closed commitments for $588 million in debt financing for a 408-megawatt (MW) solar farm south of Dallas–Fort Worth, Texas.
According to Zimbabwes Ministry of Finance and the national statistics agency Zimstat, in 2024, Zimbabwes merchandise imports were projected to reach $9.08 continued] The post Electric Vehicles & Solar Can Help Reduce Zimbabwes Negative Trade Balance appeared first on CleanTechnica.
million in direct financing for the largest commercial and industrial solar deployment in Arkansas’ history. US nonprofit coalition Climate United announced $31.8
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 ‘solar’ electric car to market appeared first on Electrek.
million in direct financing for the largest commercial and industrial solar deployment in Arkansas’ history. US nonprofit coalition Climate United announced $31.8
Mercedes-Benz Energy and Vivint Solar announced an exclusive strategic collaboration to bring the Mercedes-Benz customizable home energy storage system to the US. For Vivint Solar, which has installed solar energy systems in more than 100,000 homes across the US, this is the first collaboration to integrate batteries with its offering.
This year has brought a significant shift in the generating cost comparison between renewable energy and fossil fuels, according to detailed analysis by technology and region, published this week by Bloomberg New Energy Finance. In the US, coal and gas are still cheaper, at $65 per MWh, against onshore wind at $80 and PV at $107.
Joule, the developer of a direct, single-step, continuous process for the production of solar hydrocarbon fuels using engineered cyanobacteria ( earlier post ), announced the successful results from third-party testing of its ethanol fuel (Sunflow-E), setting the stage to obtain certification for commercial use. New financing.
Cyclonatix, Inc is developing an industrial-sized motor/controller to operate with either DC or AC power sources, for applications in electric vehicles, solar-powered pumps, HVAC&R, gas compressors, and other commercial and industrial machines which require high efficiency, variable speed/torque, and low cost. Leap Photovoltaics Inc.
Tesla has ditched its solar panel subscription service, only offering cash or loan purchasing options, according to its website. In late 2019, Tesla launched the subscription service for its solar panels. The subscription-based payment option enabled solar customers to pay an affordable monthly fee for solar panels at their residence.
In today’s Electrek Green Energy Brief (EGEB): Three standout solar, storage, and financing trends emerged between July 2020 and June 2021. UnderstandSolar is a free service that links you to top-rated solar installers in your region for personalized solar estimates. Click here to learn more and get your quotes. — *ad.
The company’s first customer, Terranova Ranch, will utilize the Gridtractor Planning Model Software-as-a-Service (SaaS) to determine the best deployments for electric tractors and integration with existing electrical infrastructure at dozens of irrigation pump sites and solar arrays.
The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09 on 30 June to $61.60
Hercules vehicles will offer integrated solar charging, long-range batteries and optional fuel-cell range-extender options. Hercules is commencing the Series A financing to support product development and add team members; the company currently is scouting locations for production of its components, including solid-state batteries.
Financing alternatives are being evaluated. TECO 2030 is a partner in the project Green Hydrogen @ Blue Danube, together with players such as Siemens, Bosch, AVL and Verbund, where hydrogen generated from solar and wind power will be produced in Romania and transported on barges along the Danube to industrial buyers in Austria and Germany.
Total corporate funding (including venture capital funding, public market, and debt financing) for the energy storage, smart grid, and energy efficiency sectors in 2022 was up 63% with $31.7 In 2022, announced debt and public market financing for energy storage companies increased 151% with $20.6 billion compared to $19.5 Smart Grid.
Apex is a leading clean energy company that develops, constructs, and operates utility-scale wind and solar power facilities throughout North America. Apex is planning to deploy the plug-in hybrid vehicles to its operations employees, who will have access to charging infrastructure being installed at operational wind and solar facilities.
Once finalized, these loan guarantees will provide critical financing to help commercialize advanced nuclear energy technologies, supporting projects that are often unable to secure full commercial financing due to their scale and use of innovative technology. billion in loan guarantees for Advanced Nuclear Energy Projects.
In conjunction with the annual Solar Power International conference, the US Department of Energy (DOE) released new research showing that the solar industry has achieved the 2020 utility-scale solar cost target set by the SunShot Initiative. Solar energy currently supplies about 1.5% cents a kWh for commercial systems; 5.0-6.6
It further strengthens our long-term commitment and focus on our Project as we work together with CATL to bring 3Q into full development by building a comprehensive financing plan. In addition, there is enough space for stockpiling waste salts that are a natural byproduct of the solar evaporation process.
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