Tag: industry news

With an aptitude for expertise that may match Tesla CEO Elon Musk, an equally young (2 years younger, actually) and motivated Chinese technology billionaire plans to surpass Tesla Motors by venturing into the production of electric cars in China, via his tech company, Leshi. His goal is not simply more money or conquest, as expressed in a recent email. He

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A prominent Chinese billionaire, in partnership with one of the country’s top sportswear brands, will be making a pretty substantial investment of about $140 million into the noted solar energy project developer SPI Solar, according to recent reports. Said billionaire — the founder of the online gaming firm Giant Interactive Group, Shi Yuzhu — will be, along with the sportswear

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Norway’s state-owned power company Statkraft announced earlier in the month that it intends to invest heavily in renewable energy both in Norway and abroad, to the tune of 60 billion kroner, or just over $8 billion USD. The announcement comes following the Norway Government’s decision to bolster the energy company’s equity by 5 billion kroner, pushing Statkraft’s total equity to

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Don’t break out the widow’s weeds just yet, but it looks like momentum is building for energy storage to move past the lithium-ion phase and get into the more powerful territory of lithium-sulfur technology. In the latest development, a multinational research team has figured out how to overcome a major obstacle in the path of lithium-sulfur energy storage, by using

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A number of organisations based out of Scotland on Monday called for the Scottish Government to “do all it can to help encourage the roll-out [of] more solar power” in Scotland, following the publication of figures which showed Scotland’s solar capacity had increased by 32% during 2014. WWF Scotland published the figures from Ofgem, the UK’s energy regulator, which showed

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In response to a complaint by SolarWorld, on December 17 the U.S. Department of Commerce (DOC) announced new anti-dumping and countervailing duties against “Chinese” solar companies and their third country suppliers. This is not as simple as one might expect. It is not certain if Chinese manufacturers will suffer. Jigar Shah, President of the Coalition for Affordable Solar Energy (CASE)

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Driving an electric car confers a badge of greenery, or so the marketing departments of their makers would have you believe. Yet a report which analyses the life cycle of car emissions (ie, all the way from those created by the mining of materials for batteries, via the ones from the production of fuel and the generation of electricity, to

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Nigeria has adopted an approach to directly engage with prospective project developers to set up renewable energy projects. The government has recently finalised a new agreement to set up a lot more solar power capacity. In the latest round of negotiations, the Nigerian government has received pledges from three companies to set up a total of 1 GW solar power

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Forbes, Bloomberg, TechCrunch, Giacom, Green Car Congress, Xconomy, Reuters Pe Hub, The Green Optimistic, VentureBeat, and the MIT Technology Review have all written about the California start-up company Seeo. Korean electronics giant Samsung led in the recent $17 million round of series E investments. The other two investors, Khosla Ventures and Beijing-based GSR Ventures, increased existing holdings. According to President

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Why do some states outperform others so much when it comes to solar installations? In an effort funded by the US DOE’s SunShot Initiative, NREL researchers used statistical analysis and detailed case studies to better understand why solar market policies in certain states are more successful and lead to higher distributed solar PV installations. The report can be accessed here:

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