Hyundai and its corporate cousin Kia are planning to launch a pair of plug-in hybrid cars according to the Korean Car Blog, fueling rumors that a new Prius fighter is coming from the brand. Is it finally happening?The evidence is flimsy, but it’s there according to the KBC, which quotes Hyundai R&D vice chairman Yang Woong-Chul as saying; “We will
In June and July of 2014, the US Department of Commerce announced its intention to impose duties on Chinese and Taiwanese solar PV manufacturing imports. This followed on from a previous trade decision reached towards the end of 2012 to impose duties on Chinese produced crystalline silicon (c-Si) solar cells. And, as was the case following the 2012 decision, Chinese
Times of India has reported from Bangalore that an e-tendering process for solar power projects organized by the State Government of Karnataka was completed within 40 seconds. The news is particularly important because at stake were tenders for 300 MW of solar projects (announced under the state policy this year) worth over $330 million! Needless to say, the process drew
Last week, we reported the debut of the Tesla Model D, a dual motor version of the Model S that comes in three flavors: 60D, 85D and a high performance version, the P85D. Adding the second motor to the 60D and 85D is not done quite the way you might think. Out comes the standard 302 horsepower rear motor and
A report prepared for the European Commission has found that onshore wind power provides the cheapest source of energy once external factors such as air quality, health impacts and expenditure, and the costs of climate change are taken into consideration. The report’s authors found that onshore wind costs around $133 per MW/h to produce, whereas gas and coal cost up
Stanford University scientists have developed a “smart” lithium-ion battery that gives ample warning before it overheats and bursts into flames. The new technology is designed for conventional lithium-ion batteries now used in billions of cellphones, laptops and other electronic devices, as well as a growing number of cars and airplanes. “Our goal is to create an early-warning system that saves
Hanergy Holding Group Chairman Li Hejun today launched the English-language edition of his first book, China’s New Energy Revolution, at the Frankfurt Book Fair. Publisher McGraw-Hill Education has highlighted the book as the newest in a series of works introducing the Chinese point-of-view on topics including society, business, and education to foreign audiences. At a time when experts agree that
Infineon Technologies AG announced today that it has recently successfully fully syndicated its €1.55 billion committed acquisition loan facilities. Proceeds from the loan facilities, together with cash-on-hand will be used to fund the acquisition of International Rectifier Corporation (IR). The €800 million and US$934 million facilities, which were underwritten by Bank of America Merrill Lynch International Limited and Citibank, N.A.,
The wind industry has seen an impressive surge in growth over the past few years, thanks to government support, increasing technological proficiency, and decreasing costs. The natural extension of this growth is the need for more and more employees to fill technical roles — a healthy problem, but a concern nonetheless. But it means good job prospects for those intent
(Note, all dollars are $US). The flow of analysis about battery storage from big-end investment banks continues apace. Last week it was HSBC and Citigroup with ground-breaking reports – which we wrote about here and here. UBS also jumped in on the act too. Why is this so? Well, according to UBS, interest from both investors and corporates has accelerated