By Maria Merano Posted on October 18, 2020 It appears that Tesla Gigafactory Shanghai has started exporting its locally-made Model 3 to Europe. In September 2020, the all-electric car maker began preparations in Giga Shanghai to produce Model 3 vehicles optimized for export in Asia and the European region. Tesla’s plans to export the China-made
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
The total number of rotary drilling rigs operating in the United States rose by 13 this week, Baker Hughes Co. (NYSE: BKR) reported Friday. The 282-rig U.S. count includes 205 oil rigs (up 12 from last week), 74 gas rigs (up one) and three miscellaneous rigs (unchanged), Baker Hughes noted in a written statement emailed
October 15th, 2020 by Zachary Shahan It’s long been clear — solar energy is super hot, fun, and exciting, but energy efficiency is really where the gold is. You mention “energy efficiency,” and many people’s brains turn off while their eyes scan for an emergency exit. However, starting with the savings and hammering them home
By Joey Klender Posted on October 17, 2020 Tesla has a reputation for installing large-scale battery energy storage systems (BESS) worldwide to help with the transition to sustainable energy. Its most recent project is in the Canadian province of Alberta, where Tesla has installed the country’s largest BESS with the help of TD Asset Management.
Tesla has strangely brought back premium connectivity to some Model 3 owners who are technically not supposed to have it at this point. The situation is still unclear. For the longest time, all of Tesla’s vehicles came with internet connectivity included – something that is often a premium option in the industry. The automaker made
The Foxconn logo is displayed on a Foxconn building in Taipei on January 31, 2019. Sam Yeh | AFP | Getty Images GUANGZHOU, CHINA — Foxconn, the Taiwan company that assembles Apple’s iPhone, has launched an platform to help automobile companies make electric cars. The technology giant is best-known for being a major assembler of
From birds that can fly for months on end to giant redwoods stretching hundreds of feet into the air, the natural world inspires awe and wonder. For thousands of years, humanity’s appreciation of nature has led to countless works of literature, art, and even innovations in design and engineering. Examples of the latter include the
(Bloomberg) — Oil posted a small weekly gain on tentative signs that demand is picking up even as a new wave of coronavirus cases casts a shadow over the market. Futures in New York edged lower on Friday, but still managed to record an advance of 0.7% this week on shrinking U.S. crude stockpiles and
October 16th, 2020 by U.S. Energy Information Administration In 2019, wind-powered generation contributed 84.4 thousand gigawatt-hours (GWh) of electricity in Texas, an 11% increase from the 75.7 thousand GWh generated in 2018. Substantial growth in wind capacity in the state was the primary reason for this increase. Texas wind capacity rose almost 17% in 2019,
By Joey Klender Posted on October 16, 2020 Tesla (NASDAQ: TSLA) has overtaken Apple as the most popular stock for millennial investors, according to Apex Clearing, a Dallas, Texas-based custody and clearing company. CEO of Apex Clearing, Bill Capuzzi, says that the number of millennials who have opened investor accounts with his firm since the
Like many large businesses, dairy company Arla Foods has grand plans to reduce its greenhouse gas emissions and the firm aims to be carbon net zero by 2050. Around 85% of Arla’s total emissions come from the co-operative of 10,000 farms it has across Europe, a combination of the methane and nitrous oxide from the
(Bloomberg) — Oil recovered from early losses as shrinking American crude and refined product stockpiles offset signs that the fragile demand recovery is under threat. Futures in New York ended the session little changed just under $41 a barrel after earlier falling as much as 4.4%. The Energy Information Administration reported a decline in U.S.
October 15th, 2020 by Zachary Shahan If you’re just tuning into 2020, the short summary is a nasty little virus spread across the world, killed 1.1 million people (probably considerably more, actually), and led to economic shutdowns that threw an enormous amount of hurt on societies across the globe. One of government’s core roles is
By Eric Ralph Posted on October 15, 2020 SpaceX has added another Starlink launch to its October manifest and plans to support the mission with a record-breaking Falcon 9 booster turnaround. Several media outlets recently confirmed that SpaceX will attempt to launch Starlink-13 – the 13th launch of operational v1.0 satellites and 14th launch overall
Tesla Model S Plaid, the new higher-end version of the flagship electric sedan, remains a mystery despite now being available for orders, and a recent comment by CEO Elon Musk has led to uncertainty about the third-row seat. At Battery Day last month, Tesla officially launched the Model S Plaid, the new top performance version of
General Motors is launching a splashy new ad blitz next week for the global debut of its all-electric GMC Hummer in an attempt to reach 80% of U.S. adults. The vehicle will be unveiled Tuesday during the World Series, “The Voice” and across a barrage of social media and streaming platforms The estimated viewership – roughly 255
(Bloomberg) — Oil rose to its highest in nearly a week amid a weaker dollar and signs of improving demand in China and India. Crude futures gained 2.1% in New York, while the Bloomberg Dollar Spot Index slipped as much as 0.3%, raising the appeal for commodities priced in the currency. Meanwhile, refinery activity in
October 14th, 2020 by Jake Richardson At a restaurant, I overheard some other customers talking about how solar power is too expensive. As someone who follows solar power enough to know it actually is very affordable now and is well within the reach of many, many homeowners, I wanted to protest this very outdated notion.
By Maria Merano Posted on October 14, 2020 The Tesla Model S is poised to drop to its lowest price yet, with CEO Elon Musk stating that the premium flagship sedan will now start at just $69,420. The Model S price drop, the second one in two days, seemed to be correlated with the announcement