Photo: Recurrent Energy
Recurrent Energy has secured $513 million in financing for Arizona’s largest standalone battery storage project.
Solar and battery storage developer, owner, and operator Recurrent Energy, a subsidiary of Canadian Solar (Nasdaq: CSIQ), secured financing for its Papago Storage project in Maricopa County, Arizona.
The financing includes a $249 million construction and term loan,…
Gravity has released a new universal on-street mounting and cable system, dubbed “DEAP Trees,” for its 200kW and 500kW Distributed Energy Access Points (DEAPs). Gravity said it is striving to develop a network of on-street DEAP charging more expansive than Tesla’s current Supercharger network.
Gravity’s engineers, in…
Parkopedia has expanded its partnership with BMW Group to provide EV drivers with additional EV Point of Interest (POI) data, enabling them to make more informed decisions about when and where to charge their vehicles, the company said. This new functionality provides EV drivers with photos and ratings for charging locations, alongside Parkopedia-provided information such…
Published: May 10, 2024
ChargePoint introduced new enhancements to its software offering, enabling electric and mixed fuel fleets to find, use, and pay for charging from a single application, including driver reimbursement when charging their company EV at home, the company said. Derived from the line of in-dash software solutions ChargePoint supplies to more…
Tesla Model 3 Performance
EV sales will continue to grow despite the mixed near-term outlook, according to a new report from BloombergNEF – here’s why.
BloombergNEF’s Long-Term Electric Vehicle Outlook (EVO) indicates that rapidly falling battery prices, advancements in next-gen battery technology, and improving relative economics of EVs with ICE counterparts continue to underpin long-term…
Photo: 5B
Australian company 5B’s modular solar array unfolds like an accordion and is designed to endure extreme weather and harsh environments.
Modular solar arrays on the move
The New South Wales-based company has been awarded a 69-megawatt (MW) solar contract by a filial of US power utility AES Corporation (NYSE: AES) in Jobos, a hurricane-prone…
Image: TerraPower
Bill Gates’ TerraPower broke ground yesterday on its Natrium nuclear reactor plant, making it the first advanced reactor project ever to start construction.
Once it comes online, the Natrium demonstration plant in Kemmerer, Wyoming, will be a fully functioning commercial power plant. According to Gates, founder and chairman of TerraPower, Natrium will “be the most advanced…
Photo: Mercedes-Benz
Germany’s automakers manufactured around 1.27 million BEVs and PHEVs in 2023, putting it at No. 2 behind China, but 2024 will be bumpy.
The German automotive industry association VDA says that 995,000 purely electric vehicles rolled off German assembly lines in 2023.
China dominates global EV production, but most of its cars are sold…
Photo courtesy of Tom Brewster/BLM California
Governments are rolling out renewables at a record pace, and tripling capacity by 2030 is within reach – it’s time to make Paris Agreement targets official.
Global renewable capacity additions reached almost 560 gigawatts (GW) in 2023, an unprecedented 64% year-over-year increase from 2022, and China was by far…
Photo: CGTN
The world’s largest solar farm, in the desert in northwestern Xinjiang, is now connected to China’s grid.
The 3.5-gigawatt (GW), 33,000-acre solar farm is outside Urumqi, Xinjiang’s capital. The state asset regulator’s website cited the Power Construction Corp of China and said it came online on Monday.
The solar farm will generate…