Category Archives: News

This “Intangible Product” of Tesla has Doubled in Revenue and Exceeded US$1 billion Within a Year

published: 2020-11-12 18:30 | editor | category: News
Despite being a future trend, the exorbitant cost for electric vehicles in the existing phase obstructs profitability, though there is a product that is able to nourish the expenditure of these automotive manufacturers, and it is not a vehicle, nor a battery, but an intangible byproduct of “carbon right”. Tesla had a carbon right revenue of approximately US$600 million from 2019, and has accumulated nearly US$1.2 billion in sales from the first 3 quarters of this year, which became the most remarkable service item on the financial report. ...  more

Owing to Pandemic-Induced Decline, Newly Added PV Installation Capacity Expected to Reach Merely 115GW for 2020

published: 2020-11-11 18:30 | editor | category: News
The COVID-19 pandemic served as a watershed moment for a dramatic year 2020. By disrupting global supply chains and industrial developments, the pandemic has made its presence felt in practically all aspects of life, with the PV industry being no exception. The pandemic’s impact is reflected in the slightly reduced newly installed PV capacity this year. Energy research consultancy Wood Mackenzie forecasts a yearly newly added global PV capacity of 115GW for 2020. Although this figure surpasses the 100GW-mark, it falls short of the 118GW added in 2019. ...  more

Japan Develops a 740°C Super Heat-Resistant Bioplastic that is Regarded as No.1 in the Plastic Sector

published: 2020-11-06 18:30 | editor | category: News
The petrochemical industry is an indispensable sector for the manufacturing process of plastics as most plastics are refined from petroleum and natural gas, which impacts the environment and increases the emission of carbon dioxide more or less. Scientists in Japan have managed to produce a super heat-resistant bioplastic with environmentally friendly materials in the hope of infusing a certain degree of environmental protection in the ubiquitous plastics. ...  more

Engie EPS Successfully Demonstrates Its Hydrogen Energy Storage System in Greece

published: 2020-11-05 18:30 | editor | category: News
Engie EPS, an energy storage subsidiary of French energy conglomerate Engie, announced on October 19 that it has completed a pilot project that shows the advantages of its hydrogen-based energy storage system. Currently supporting a microgrid located at the Greek village of Agkistro, the project is developed under an EU-funded research program known as “Remote Area Energy Supply with Multiple Options for Integrated Hydrogen-Based Technologies” or REMOTE. ...  more

HPUC Approves a New Solar-plus-Battery Project on Maui

published: 2020-11-03 18:30 | editor | category: News
The Hawaii Public Utilities Commission (HPUC) has approved a new solar-plus-battery project on Maui. The greenlighting of the project was announced by the state’s main utility Hawaii Electric via a press release on October 7. The solar array of the project will have a generation capacity of 15MW, while the energy storage facility of the project will have a storage capacity of 60MWh. ...  more

Drop It Like It’s Hot: Tesla’s Design Flaw Leads to Flying Bumpers in Certain Model 3 Vehicles

published: 2020-11-02 18:30 | editor | category: News
Tesla has recently come clean about a design flaw in its Model 3 vehicles manufactured before May 2019. These vehicles have rear bumpers that are prone to falling off when driving over puddles or in rainy conditions. Sources close to the automakers indicated that Tesla’s warranty does provide coverage for such damage, meaning Model 3 owners experiencing these bumper defects are encouraged to reach out to Tesla for repairs. ...  more