Category: Clean energy investing

Capture investment opportunities created by megatrends

DOE awards ORPC more than $3.6 million for river-powered turbine technology

U.S. Senators Susan Collins and Angus King announced that Ocean Renewable Power Company (ORPC) in Portland, Ore., has been awarded $3,615,260 to build, test and operate a modular current energy converter to improve the next generation of river-powered turbines. This competitive funding was awarded through the U.S. Department of Energy’s (DOE) Water Power Technologies Office.…
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15 March 2021 0

7 Big Electric Vehicle Announcements from Volkswagen Today

Volkswagen had a live “Power Day” event today. I’m not going to rate the acting and script reading (you can thank me later), but I do want to highlight some of the big announcements. 1. Volkswagen expects to cut its battery costs by 30–50% (timeframe unclear) It seems this is a general target to cut…
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15 March 2021 0

Pipeline giant Kinder Morgan starts Energy Transition Ventures group looking into CCUS, renewables

By Rod Walton, Power Engineering and POWERGEN+ Content Director A big-time fossil fuels player is jumping into the energy transition in a bolder, more focused way. Kinder Morgan Inc. has formed a new Energy Transition Ventures group to identify and pursue commercial opportunities within the low-carbon sector. The company is one of the biggest in…
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15 March 2021 0

Tesla Takes Its Semi To The Track (Video)

In a video on Twitter, Tesla shared footage of its Semi electric truck racing around the track. Tesla’s video featured an updated version of the Semi which had a lovely white paint scheme. The majestic beast owned the Fremont Factory’s test track during what seemed to be just before dusk. The golden rays of the…
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15 March 2021 0

Breaking: Volkswagen Orders $14 Billion of Battery Cells from Northvolt

As part of Volkswagen’s Power Day (live right now), news came out that Volkswagen Group has put in an order for $14 billion worth of battery cells from Northvolt, which will be supplied via Northvolt’s Swedish battery factory, Northvolt Ett. Notably, the $14 billion order is for the coming 10 years and requires expansion of…
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15 March 2021 0

MISO Electric Vehicle prospects increase (Part 2 of 3)

With the increase in Electric Vehicles’ availability in Midwest states, it is time to acknowledge the opportunities for charging EVs at MISO, the regional grid operator. MISO has an established transmission planning process for incorporating future industry trends, including EV growth. The regional grid operator estimates both electrification and EVs add almost 50% to the…
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15 March 2021 0

Score A Chevy Bolt for As Low As $107 Per Month

Cars Direct recently reported that Costco members can get a swinging deal on a Chevy Bolt EV lease, with the lowest monthly fee at $107 per month available in San Francisco, and without an expensive down payment. The price is higher elsewhere, but not by a lot. This probably makes the Bolt EV the cheapest…
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15 March 2021 0

First vehicle-to-grid charging pilot in the US Midwest underway

EV Connect, a California-based software-as-a-service company, announced that it is collaborating with the Indiana-based Battery Innovation Center (BIC) and Energy Systems Network (ESN) to deploy Indiana’s first large-scale Vehicle-to-Grid capable charging system to support school bus fleet, HD truck, and other customer segment applications. EV Connect provided the electric vehicle charging management and a 500-kW…
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15 March 2021 0

Market Share Growth of Plugin Vehicles in 7 Top Countries from 2% Share

CleanTechnica has been publishing a lot of articles about plugin vehicle market share in different countries. Under a couple of recent ones, some commenters asked for a graph comparing plugin vehicle market share growth in Norway from 2% onward with plugin vehicle market share growth in countries that more recently crossed the 2% marker. One…
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15 March 2021 0

The US CLEAN Future Act — What’s In It?

Originally published on WRI’s Resource Institute Blog. By  Dan Lashof, Devashree Saha, Karl Hausker, Greg Carlock, Kevin Kennedy, and Tyler Clevenger  U.S. Representative Frank Pallone, chair of the House Energy and Commerce Committee, together with subcommittee chairs Bobby Rush and Paul Tonko, introduced the CLEAN Future Act on March 2, 2021. While numerous climate bills are introduced in each Congress, this proposal…
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15 March 2021 0