The 4-MW Kruisvallei hydropower plant reached commercial operations in late February 2021, according to project developer Red Rocket. Construction of this small hydro plant, on the Ash River between Clarens and Bethlehem in the Free State Province of South Africa, began in March 2019. Kruisvallei Hydro is the third hydropower project procured under South Africa’s Renewable…
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Could Tesla hit a trillion dollar market cap in 2021 despite the recent risk-off moment for EV stocks?
EVgo is a big player in the EV space. While it is not as “cool” as many EV companies, nobody is going anywhere without getting a charge. I’ve spent far more hours than most sane humans sitting in front of an EVgo station when I was working rideshare in a Nissan LEAF. To say that…
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When most people think of Rolls-Royce, they think of really expensive but ancient-looking cars. In the Back to the Future series, wrecking into one was bad enough to destroy one’s whole financial future. They’re that expensive, and Marty McFly was definitely glad that he was able to change his ways before the big accident. What…
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The US offshore wind industry awakens from a 20-year slumber as the massive Vineyard Wind 1 project (finally) passes another milestone.
A group of ridesharing, delivery, and municipal fleets in the Bay Area of California will soon be swapping batteries instead of fast charging. They’re working with Ample, a company that just publicly announced its technology after 7 years of under-wraps development. “When we set out to work on this challenge, it was clear to us…
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Originally published on EV Annex. Sal Khan, the founder of Khan Academy, recently gave a big shoutout to Elon Musk and the Musk Foundation for a generous donation of $5 million. Khan admires Elon Musk’s efforts and support in spreading free education for everyone on the planet. With this sizable donation, Khan Academy will be…
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by Richard Schmalensee, Professor, MIT Sloan School of Management and Davide Schoenbrod, Professor, New York Law School The oil industry’s lobbying arm, the American Petroleum Institute, suggested in a new draft statement that it might support Congress putting a price on carbon emissions to combat climate change, even though oil and gas are major sources of those…
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In mid-2020, we interviewed DeepGreen Metals CEO Gerard Barron. Last week, DeepGreen announced that that it has entered into a definitive business combination agreement with Sustainable Opportunities Acquisition Corporation (NYSE: SOAC). DeepGreen collects nodules that literally fit in the palm of your hand from the seafloor. Its plan is to extract the nickel and other battery…
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Originally published on ILSR.org Since rooftop solar became possible, electric utilities have struggled to incorporate it into their outdated business model. In recent years, this lag in utility recognition has become increasingly problematic, risking the health, environmental, and financial impacts of over-investment in large fossil fuel power plants. In over 30 states, monopoly utilities submit…
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