Biden’s solar strategy “builds a bridge” for American manufacturing
President Biden issued an executive order invoking the Defense Production Act to expedite domestic production…
Clean Energy
Biden pauses new tariffs on solar imports for 2 years
The Solar Energy Industries Association, American Clean Power Association (ACP), and other clean energy advocacy groups united to bring a $5 million campaign against President Biden and the Commerce Department to end the investigation.
London’s City Hall to swap current home for sustainable development that uses tech from Siemens
The plan to switch locations comes at a time when London’s finances are under pressure.
It is hoped the move will help authorities save millions of pounds.
Big potential, but challenges to overcome: A look at offshore wind in the U.S.
At the moment, the offshore wind sector in the U.S. is small.
Other parts of the world, such as Europe, boast a more developed industry.
How ‘green chemistry’ could have a big part to play in the future
Chemicals play an important role in modern society.
If not used in a responsible way their effect on the natural world can be harmful.
Porsche is upbeat on China sales as automakers bet on luxury electric vehicles
The coronavirus pandemic has generally affected wealthier segments of the Chinese population less, while altering some consumer habits that are driving demand for luxury car brands such as Porsche.
Electric vehicles in the high-end segment are particularly in demand, several executives say.
However, Thomas Ingenlath, CEO of premium electric vehicle brand Polestar, says that even with growth in China, he expects the market will remain less than half of global sales.
Tesla drops again, bringing three-day loss to more than 18%
Tesla shares slid 9% on Thursday, building on the stock’s recent losses.
With Thursday’s decline, the shares are more than 18% below Monday’s close, a day when the stock surged following its split.
On Tuesday Tesla said it would raise up to $5 billion through a new stock offering, and on Wednesday the company’s largest outside shareholder said it reduced its position due to portfolio restrictions.
See NASA’s images of hurricane Laura and California wildfires — they point to the effects of climate change
NASA has released images of Hurricane Laura in the south and of the California wildfires, which bring the scope of the weather events into focus.
And both are connected to climate change, according to Paul Ullrich, associate professor of regional and global climate modeling at the University of California Davis.
Helping China cut carbon emissions isn’t a financial game every business can play
China is the world’s largest consumer of coal, and accounts for nearly half of global investment in renewable energy.
For privately run companies in China wanting to be part of the projected growth in renewables, just being in the right industry isn’t a guarantee.
The sharp decline in the valuation of companies such as Shenwu highlights the large risks such energy technology companies must take on, and the fallout if cash flow, construction contracts, production and orders fail to align.
As the coronavirus continues to impact renewables industry, another turbine manufacturer suspends guidance
Siemens Gamesa Renewable Energy is the latest wind turbine firm to suspend guidance.
The impact of the pandemic on the renewable energy sector is widespread.
