Tagged Finance

GM expects its EVs to be profitable by 2025 with higher margin models

General Motors (GM) is expecting to reach profitability on electric vehicles (EVs) by 2025 as higher margin models hit the market, according to a statement from one executive last week. On Thursday at the Barclays conference in New York, GM’s Chief Financial Officer Paul Jacobson told analysts that the automaker expects to start generating mid-single-digit…

IRS receives more than 8 GW in low-income solar bonus credit applications The program saw massive demand during the initial 30-day application window.

By Kelsey Misbrener Today, the U.S. Department of the Treasury and Internal Revenue Service (IRS), in partnership with the Dept. of Energy (DOE), announced massive demand in the initial application period for solar and wind facilities through the Inflation Reduction Act’s Low-Income Communities Bonus Credit Program. During the initial 30-day application window, the program received…

GM Expects Its Electric Vehicles To Become Profitable In 2025

When GM chief financial officer Paul Jacobson spoke to analysts at a Barclays conference on November 30, he acknowledged the. [continued] The post GM Expects Its Electric Vehicles To Become Profitable In 2025 appeared first on CleanTechnica.Brought to you by: EV Driven Read Full Article Here For more great articles: Electric Vehicles

EV battery prices are dropping again

By [email protected] (Stephen Edelstein) Following substantial increases in 2022, EV battery prices are falling again, according to new analysis from Bloomberg New Energy Finance (BNEF). Lithium-ion battery pack prices have fallen 14% this year to a record low of $139 per kwh, BNEF reported this week. This was driven by decreases in raw-material and component…

Clir Renewables releases new software to model hourly energy production

By Kelsey Misbrener Clir Renewables has released new technology to model the variability of hourly energy production. Powered by machine learning and over 200 GW of data, the software greatly improves upon the accuracy of industry standard approaches to modeling production shape and volume. The result is quality data to support owners and operators with…

KSI completes 4.4-MW New Jersey community solar portfolio

By Kelsey Misbrener Kendall Sustainable Infrastructure (KSI) has begun operation of four new community solar projects totaling 4.4 MW and serving 686 households in and near Pennsauken and Moorestown, New Jersey. Partners on the projects include the tax equity finance firm Monarch Private Capital, New Jersey-based construction contractor Advanced Solar Products, New Jersey-based developer Independence…

UK | EU, European Hydrogen Backbone

By [Energy Central] Charley Rattan UK| EU, European Hydrogen Backbone Finance for the Green Economy Read Full Article Here For more great articles: The Energy Collective – The world’s best thinkers on energy & climate

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