Tagged Investing

Lyft to Become Carbon-Neutral by Investing in Carbon Offsets

By Ray Prince Lyft has signaled one of its largest commitments to reduce emissions yet, announcing a new policy to make its ride-hailing service carbon-neutral, effective immediately. According to a Medium.com post by company co-founders John Zimmer and Logan Green, the initiative comprises of millions of dollars worth of investment to purchase carbon offsets, estimated…

Volkswagen to invest ~$18B in China through 2022 on e-mobility, autonomy, digitalization, mobility services; new JAC-VW electric SUV

By mmillikin On the eve of the 2018 Beijing International Automotive Exhibition, Volkswagen Group announced that it its joint-venture partners will invest around €15 billion ($18.3 billion) through 2022 in China on e-mobility, autonomous driving, digitalization and new mobility services. Volkswagen sold almost 3.2 million vehicles in China in 2017—the most successful make in the…

Sell Your Tesla Shares: JP Morgan

By Jason Siu At least one investment banking company is saying to sell Tesla shares before it’s too late. J.P. Morgan has reaffirmed its underweight rating on Tesla shares, saying the American automaker’s sales will suffer once other luxury automakers get their electric vehicles released. “Tesla has, to date, faced relatively little competition in the…

JinkoSolar signs MoU with Kazakhstan government to partner on solar power development

By JinkoSolar PRESS RELEASE Shanghai, China April 23rd, 2018 — JinkoSolar Holding Co., Ltd. (NYSE: JKS) (the ‘’Company” or “JinkoSolar”), a global leader in the photovoltaic (PV) industry announced today that it signed a memorandum of understanding (MoU) to partner with the Kazakhstan’s International Centre for Green Technologies and Investment Projects on solar power development….

Interest Rates Are Rising, But Solar Is Still A Good Investment (For Now)

By Frank Andorka By Frank Andorka, Senior Correspondent What Happened:Bloomberg Technology reports that despite rising interest rates, banks are still finding money to invest in solar. According to Bloomberg, “While the cost of borrowing has been increasing since 2016, some banks are taking a smaller cut to win deals from solar developers. How long solar…

Athens, Ohio, Project Proves Sunshot Works

By Frank Andorka By Frank Andorka, Senior Correspondent What Happened:Thanks to a grant from the U.S. Department of Energy’s Sunshot Initiative’s Solar In Your Community Challenge, one coal-country Ohio town is moving toward a community solar installation. A group called Upgrade Ohio is trying to change the town’s laws in a way that would allow…

No precious metals in this Ballard fuel cell

By Paul Dvorak Editor’s note: Widespread use of fuel cells will be beneficial to the wind industry because most of such devices are intended for use with hydrogen, most likely electrolyzed from water. FCgen-1040 air cooled, fuel-cell stack, from Ballard Power Systems, uses a non-precious metal catalyst. A recent alphaDIRECT Energytech Investor Insight says it…

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