Clean Energy

Porsche is upbeat on China sales as automakers bet on luxury electric vehicles

4 years ago

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%

4 years ago

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

4 years ago

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

4 years ago

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

4 years ago

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.

Tesla Gigafactory employee tests positive for COVID-19, says internal memo

4 years ago

An employee at Tesla’s sprawling battery plant outside of Reno, Nevada, has tested positive for COVID-19 according to internal communications obtained by CNBC.
Tesla announced on March 26 that it plans to reduce the number of workers at the Gigafactory by around 75%.

Don’t look now but speculative stock Virgin Galactic turned positive during this market plunge

4 years ago

Virgin Galactic’s stock initially appeared susceptible to the broad sell-off on Monday that came amid increased coronavirus concerns.
But Virgin Galactic shares inexplicably reversed course in late trading, heading for a positive close.

Clean Energy

Plans to double Swansea’s green space

4 years ago

Plans to double Swansea’s green space Plans to double the amount of green space in…

Our View

5 years ago

We have been saying that the world is heading towards a recession since 2015, as the symptoms the caused the last financial crash back in 2008 have never really gone away, and we could see a lot of sticky plasters that were used to prop up housing markets as short-term solutions as opposed to properly addressing the source of the issues to prevent it from happening in the future.

Clean Energy

Porsche is upbeat on China sales as automakers bet on luxury electric vehicles

Tesla drops again, bringing three-day loss to more than 18%

See NASA’s images of hurricane Laura and California wildfires — they point to the effects of climate change

Helping China cut carbon emissions isn’t a financial game every business can play

As the coronavirus continues to impact renewables industry, another turbine manufacturer suspends guidance

Tesla Gigafactory employee tests positive for COVID-19, says internal memo

Don’t look now but speculative stock Virgin Galactic turned positive during this market plunge

Plans to double Swansea’s green space

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