October 22nd, 2020 by Johnna Crider TransAlta Renewables has announced the commercial operation of WindCharger, a milestone energy storage project powered by Tesla Megapacks. The project just went live in Alberta, Canada, and is actually Alberta’s first utility-scale battery storage project. The lithium-ion energy storage project has a nameplate power capacity of 10MW and a
Environment
A Boeing 737-990 (ER) operated by Alaska Airlines takes off from JFK Airport on August 24, 2019 in Queens, New York. Bruce Bennett | Getty Images Microsoft on Thursday said it plans to buy alternative jet fuel for some Alaska Airlines flights, the technology giant’s latest effort to reduce carbon emissions, this time those generated
October 21st, 2020 by Johnna Crider Tesla has broken yet another record. This time it’s for energy storage installations. Tesla’s storage business deployed 750 MWh in Q3. Tesla noted in its Q3 earnings update that the production of its Megapack continued to ramp up at Gigafactory Nevada. Production volumes more than doubled in Q3 2020
Chinese workers walk on a section of the world’s largest floating solar farm project during construction. The lake was created by a collapsed and flooded coal mine in Huainan, Anhui province, China. Kevin Frayer | Getty Images News | Getty Images SINGAPORE — China, the world’s largest carbon-emitting country, has doubled down on its pledge
October 21st, 2020 by Chanan Bos [embedded content] This is the third edition of our Tesla analyst report cards based on where their TSLA price targets and sell/hold/buy advice would lead you (based on information from tools like tipranks, marketbeat and other research). It is actually a bit surprising, but the right words by these
As the Ford Bronco and Jeep Wrangler battle over traditional off-road supremacy next year, General Motors has its sights set on a new segment with a different competitor: Tesla. The Detroit automaker resurrects the Hummer on Tuesday night as an all-electric “supertruck” that’s set to go on sale in roughly a year – likely ahead,
October 20th, 2020 by Joe Wachunas In the 1950s, when nuclear energy was booming and hydroelectric dams were laying across rivers like tourniquets, the all-electric home became a thing. It didn’t matter that the electric heating technologies of the time were vastly inefficient. The promise of electricity that was “too cheap to meter” meant that
One of the market’s worst-performing sectors this year has turned the tables. S&P 500 utilities stocks have been the top sector over the past month and in October, with the group now approaching a key bullish pattern known as a golden cross, when the 50-day moving average crosses over the 200-day moving average. The pattern
October 20th, 2020 by Paul Fosse Image courtesy Tesla In this article, I’m going to give you a lot of things to consider before buying solar. It isn’t my intent to confuse you or discourage you from buying solar. On the contrary, I think solar is the second most exciting clean technology out there. It
October 19th, 2020 by U.S. Energy Information Administration In 2019, consumption of renewable energy in the United States grew for the fourth year in a row, reaching a record 11.5 quadrillion British thermal units (Btu), or 11% of total U.S. energy consumption. The U.S. Energy Information Administration’s (EIA) new U.S. renewable energy consumption by source and
Steam is vented through exhaust stacks at Great River Energy’s Coal Creek Station in North Dakota. Some of the largest banks in the U.S. have cut back on lending to the coal sector in recent years, but they need to do much more to lower the climate risk in their loan portfolios, a new report
October 19th, 2020 by Tina Casey Hey, does anybody remember FutureGen? The billion-dollar showcase for cutting edge carbon capture technology was supposed to be the salvation of the US coal industry, only things turned out differently. The project was mothballed back in 2015, and nowadays the US is taking a long, hard look at energy
DUBAI, United Arab Emirates — The International Monetary Fund downgraded its outlook for Middle East and Central Asian economic recovery, predicting a 4.1% contraction for the region as a whole — 1.3 percentage points worse than its previous assessment in April — in its latest regional outlook report released Monday. Jihad Azour, director of the
October 18th, 2020 by Carolyn Fortuna Fossil fuel companies continue to hang onto an in-your-face stance that the global energy demand for oil will rebound after covid-19. They are holding fast to beliefs that the climate change policy moves of governments around the world will be more methodical than meteoric, more cautious than critical. In
The solar energy trade is soaring. Invesco’s Solar ETF (TAN) has become one of the market’s hottest exchange-traded funds, up almost 139% year to date and counting as former Vice President Joe Biden leads President Donald Trump in presidential election polls. Biden’s $2 trillion infrastructure plan, which would focus on promoting clean energy, has been
October 18th, 2020 by Steve Hanley There is a problem that haunts traditional means of generating electricity — it takes years to design, build, and activate any coal or gas powered facility. Building a nuclear power plant can take a decade or more. But renewables — especially solar — can come online quickly. Take the