Energy Update
Considering the reputation of crowdfunding and also the state of the EV startup scene, which hasn't delivered in a while, it's pleasantly surprising to see some actual progress with a new electric car concept. After a successful crowdfunding effort, German startup Sono Motors has unveiled the Sion, a battery-electric car partly powered by solar power with onboard solar cells, earlier this year.
SunPower Corp., the second-largest U.S. panel manufacturer, arranged more than $53 million in financing for residential-solar installations.
With so much attention on rising US oil exports and their impact on crude flows within Asia, the region’s more traditional suppliers from the Middle East are examining their own strategic approaches to maintain customers and secure outlets for their barrels.
(Mon, 23 Oct 2017) Unplanned global supply disruptions fell to 1.6 million barrels per day (b/d) in September, the lowest level since January 2012. Over the past six months, unplanned oil supply disruptions have fallen by more than 1.0 million b/d, as outages in Libya, Nigeria, and Iraq abated.
(Mon, 23 Oct 2017) This report, the first of four Issues in Focus articles from the <em>International Energy Outlook 2017</em>, analyzes the effects of uncertainties in the adoption of plug-in electric vehicles (PEVs) on worldwide transportation energy consumption. Uncertainties surrounding consumer acceptance, vehicle cost, policies, and other market conditions could affect future adoption rates of plug-in electric vehicles.
GustoMSC is targeting the burgeoning U.S. offshore wind energy market with an innovative jack-up design that it claims will help to reduce risk and increase efficiency when installing units offshore: the SEA-3250-LT installation jack-up.
Enel SpA is seeking acquisitions in the energy storage business, as developments in battery technology are set to play a key role for the wider adoption of renewable sources.
Big solar farms helped create a power-grid predicament in California. And now they’re offering to help solve it. Solar panels have proliferated in the Golden State, flooding the grid with power supplies in the middle of the day when the sun’s out — and then quickly vanishing after sunset.
In 2012, NSP and Del Solar merged, claiming that at 1.5-GWp the new company would be the largest cell manufacturer in the world. In 2015, Motech Solar merged with Top Cell announcing that at 3-GWp the new entity would be the largest cell manufacturer in the world.
Working closely with industry partners, University of Delaware researchers have developed a new method for constructing offshore wind farms and proven that it is cheaper, faster and could make possible offshore wind deployment at a scale and pace able to keep up with the region’s scheduled retirements of nuclear and coal-fired power plants.
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