Solar energy

Solar EV Charging Market to Reach $330.9 Million, Globally, by 2031 at 8.1% CAGR: Allied Market Research

Retrieved on: 
Friday, March 10, 2023
EV, Off-the-grid, Private, Growth, Solar energy, Collection, Developed country, PDF, COVID-19, Table, Transport, Safety, Workplace, Gasoline, DC, EVS, Renewable energy

PORTLAND, Ore., March 10, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Solar EV Charging Market by Charging Level (Level 2, Level 3 (DC Fast Charging), Level 1), by System (Off Grid, On Grid), by Application (Private EV Charger, Public EV Charger): Global Opportunity Analysis and Industry Forecast, 2021-2031"According to the report, the global solar EV charging industry was valued at $159.6 million in 2021 and is estimated to generate $330.9 million by 2031, witnessing a CAGR of 8.1% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

Key Points: 
  • Inclination toward eco-friendly, cost effective and energy-efficient EV charging solution, advantages of solar EV charging, such as energy independence, easy installation, reliability, durability, affordability, and safety drive the global solar EV charging market.
  • Inclination toward eco-friendly, cost effective and energy-efficient EV charging solution, and advantages of solar EV charging, such as energy independence, easy installation, reliability, durability, affordability, and safety drive the solar EV charging market.
  • However, solar EV charging has a problem with spacing which is likely to hinder the growth of the market during the forecast period.
  • One of the most preferred subsectors of the solar energy market is off-grid solar energy for EV charging.

Solar EV Charging Market to Reach $330.9 Million, Globally, by 2031 at 8.1% CAGR: Allied Market Research

Retrieved on: 
Friday, March 10, 2023
EV, Off-the-grid, Private, Growth, Solar energy, Collection, Developed country, PDF, COVID-19, Table, Transport, Safety, Workplace, Gasoline, DC, EVS, Renewable energy

PORTLAND, Ore., March 10, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Solar EV Charging Market by Charging Level (Level 2, Level 3 (DC Fast Charging), Level 1), by System (Off Grid, On Grid), by Application (Private EV Charger, Public EV Charger): Global Opportunity Analysis and Industry Forecast, 2021-2031"According to the report, the global solar EV charging industry was valued at $159.6 million in 2021 and is estimated to generate $330.9 million by 2031, witnessing a CAGR of 8.1% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

Key Points: 
  • Inclination toward eco-friendly, cost effective and energy-efficient EV charging solution, advantages of solar EV charging, such as energy independence, easy installation, reliability, durability, affordability, and safety drive the global solar EV charging market.
  • Inclination toward eco-friendly, cost effective and energy-efficient EV charging solution, and advantages of solar EV charging, such as energy independence, easy installation, reliability, durability, affordability, and safety drive the solar EV charging market.
  • However, solar EV charging has a problem with spacing which is likely to hinder the growth of the market during the forecast period.
  • One of the most preferred subsectors of the solar energy market is off-grid solar energy for EV charging.

Borqs Announces Preliminary Revenue Results for 2022, Achieving over 79% YoY Growth

Retrieved on: 
Monday, March 6, 2023
Committee on Foreign Investment in the United States, Committee, CFIUS, Foreign investment, HHE, Internet of things, Government, Solar energy, Borqs, Cryptocurrency

While the revenue from the IoT business is expected to be more than 80% of the total revenue, the HHE’s revenue has also increased significantly.

Key Points: 
  • While the revenue from the IoT business is expected to be more than 80% of the total revenue, the HHE’s revenue has also increased significantly.
  • The company has not yet finalized its financial results for the full year ended December 31, 2022.
  • The agreement with the Committee on Foreign Investment in the United States (“CFIUS”) is expected to be signed in March.
  • The entire Borqs management team is committed to creating shareholder value, and will continue to focus on sustainable long term business initiatives.

Sarcos Achieves Final Validation of Outdoor Autonomous Manipulation of Photovoltaic Panels Project for U.S. Department of Energy

Retrieved on: 
Wednesday, March 8, 2023
Software, Mobile, Wireless, Contracts, Hardware, Robotics, Alternative Energy, Energy, Technology, White House, Federal Government, Defense, Engineering, Public Policy, Government, Manufacturing, XM, JLG Industries, ADV, Lifting, Sarcos, AWV, ATI Technologies, SEIA, Workforce, Injury, Solar Energy Industries Association, Risk, Multimedia, Electricity, U.S. Department of Defense Strategy for Operating in Cyberspace, Solar energy, Mortensen, Photovoltaics, Safety, Delivery, 3D printing, Renewable energy, Heavy equipment, Guardian

Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems that redefine human possibilities, announced today that it has successfully completed final validation of its Outdoor Autonomous Manipulation of Photovoltaic Panels (O-AMPP) project .

Key Points: 
  • Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems that redefine human possibilities, announced today that it has successfully completed final validation of its Outdoor Autonomous Manipulation of Photovoltaic Panels (O-AMPP) project .
  • During this field trial, Sarcos collaborated with Mortenson , JLG Industries , Array Technologies , and Pratt Miller to achieve this critical project milestone at a Mortenson project site, which validated the Sarcos robotic solar field construction solution.
  • It will also enable solar project developers to scale output and production to the levels needed to achieve the Energy Department’s 2030 and 2050 renewable energy goals.
  • Sarcos collaborated with several leading companies involved in the renewable energy industry to complete this testing, including:
    Mortenson provided critical subject matter expertise and a validation site.

APsystems and OSW Announce Global Distribution Agreement

Retrieved on: 
Monday, March 6, 2023
Alternative Energy, Energy, Other Energy, OSW, C&I, Partnership, Multimedia, DS3, Climate change, Solar energy, United, Traction, Renewable energy

APsystems, the global leader in multi-platform solar MLPE technology, and OSW, Australian’s largest Solar Distributor, active globally, have announced a global distribution agreement, bringing APsystems’ technology and OSW’s One Simple Way philosophy and global distribution capability to markets around the world.

Key Points: 
  • APsystems, the global leader in multi-platform solar MLPE technology, and OSW, Australian’s largest Solar Distributor, active globally, have announced a global distribution agreement, bringing APsystems’ technology and OSW’s One Simple Way philosophy and global distribution capability to markets around the world.
  • APsystems strongly values innovation, evidenced in its microinverters, the most powerful multi-module microinverters in the world.
  • APsystems offers high quality solar microinverters with leading-edge technology,” said Anson Zhang, Co-founder and CEO at OSW.
  • Both companies look forward to bringing these new products, and other APsystems innovations, to markets where OSW is expanding its growing presence.

Palmetto Closes $150 Million Investment from TPG Rise Climate

Retrieved on: 
Monday, March 6, 2023
Technology, Environment, Alternative Energy, Energy, Software, Climate Change, Energy Information Administration, Ecosystem, Mandel, Engineering, Growth, Small business, Latham & Watkins, Intelligence, Bank of America, TPG, Partnership, Maintenance, Climate, Bank, Solar energy, Renewable energy, Palmetto

The investment was provided by TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise.

Key Points: 
  • The investment was provided by TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise.
  • Palmetto manages the end-to-end residential solar process with a fully enabled operating platform that handles sales, design, engineering, permitting and fulfillment.
  • “We are thrilled to announce this partnership today with TPG Rise Climate as we take another step in our long-term journey in the energy revolution,” said Chris Kemper, Founder and Chief Executive Officer at Palmetto.
  • The strategic investment creates the potential for Palmetto to leverage that ecosystem and create synergies to accelerate its growth and expansion.

Guizhou-made green "sunflower" empowers the World Cup Qatar 2022

Retrieved on: 
Thursday, March 9, 2023
Plant, Light, Carbon, Lizard, Animal, Altitude, 2022 World Cup of Pool, PV, Electricity, Unit production manager, Solar energy, Snake, Temperature, Global Times, Renewable energy

This PV power station will reduce about half of the carbon emissions generated by Qatar's hosting of the World Cup.

Key Points: 
  • This PV power station will reduce about half of the carbon emissions generated by Qatar's hosting of the World Cup.
  • In August, the average temperature in Qatar is as high as 30-40℃, and the site is covered with yellow sand, which makes the ground reflectivity of light extremely high.
  • After observations, you can notice that the panels of the PV power station look like sunflowers circling the sun.
  • As Guizhou Engineering Company achieved such a great success in a foreign country, people start to get curious

Duke Energy begins operation of its largest solar plant

Retrieved on: 
Wednesday, March 8, 2023
Duke Energy, NYSE, Altrusa International, Inc, DESS, Engineering, Research, Carbon, Environment, EHS, Drug discovery, VPPA, Corsicana, Texas, Corsicana Independent School District, Pisgah Mountain, Solar energy, Wind, Safety, Meijer, Renewable energy

250-MW plant now online in Navarro County, Texas

Key Points: 
  • 250-MW plant now online in Navarro County, Texas
    CHARLOTTE, N.C., March 8, 2023 /PRNewswire/ -- Duke Energy Sustainable Solutions (DESS), a nonregulated commercial brand of Duke Energy (NYSE: DUK), is now operating its largest solar power plant ever – the 250-megawatt (MW) Pisgah Ridge Solar project in Navarro County, Texas.
  • "We're excited to continue to grow our Texas solar portfolio," said Chris Fallon, president of Duke Energy Sustainable Solutions.
  • Duke Energy Sustainable Solutions is a nonregulated commercial brand of Duke Energy (NYSE: DUK), a Fortune 150 company and one of the largest energy holding companies in the U.S., headquartered in Charlotte, N.C.
  • The brand includes the following subsidiaries of Duke Energy Corporation that are registered to transact business in various states and may be branded as Duke Energy Sustainable Solutions for marketing purposes: Duke Energy One, Inc.; Duke Energy Commercial Enterprises, Inc.; Duke Energy Renewables, Inc.; Duke Energy Renewables Commercial, LLC; Duke Energy Renewable Services, LLC.

Bazefield and W3 Energy start cooperation

Retrieved on: 
Wednesday, March 8, 2023
BayWa, Invenergy, EDF Renewables, Enos, OEM, Artificial intelligence of things, Farm, Solar energy, Wind, SSE Renewables, Nordic, Renewable energy

UMEÅ, Sweden, March 8, 2023 /PRNewswire/ -- W3 Energy has signed a five-year cooperation agreement with Bazefield AS and thereby implements the EnOS Bazefield operating system in the business.

Key Points: 
  • UMEÅ, Sweden, March 8, 2023 /PRNewswire/ -- W3 Energy has signed a five-year cooperation agreement with Bazefield AS and thereby implements the EnOS Bazefield operating system in the business.
  • Swedish W3 Energy is one of the Nordics' leading players in the operation, management and optimization of wind farms.
  • This is exactly what Bazefield gives W3 Energy, and thus also their customers", she says.
  • The portfolio of 1860 MW means that approximately 18 % of the renewable energy produced in Sweden is managed by W3 Energy.

Smartville Takes Major Step Forward with MOAB™, Its Scalable, Second-Life Energy Storage System Installed for UC San Diego

Retrieved on: 
Tuesday, March 7, 2023
SAN, Carbon, MOAB, EV, University of California, San Diego, California Energy Commission, Health, University, Solar energy, Milford Town House and Library Annex, UC, Computer data storage, Renewable energy

SAN DIEGO, March 7, 2023 /PRNewswire/ -- Smartville , a leading developer of reliable second-life energy storage systems, has deployed its first commercially available product, the MOAB™ energy storage system, at the University of California San Diego's Library Annex.

Key Points: 
  • SAN DIEGO, March 7, 2023 /PRNewswire/ -- Smartville , a leading developer of reliable second-life energy storage systems, has deployed its first commercially available product, the MOAB™ energy storage system, at the University of California San Diego's Library Annex.
  • Smartville has deployed its first MOAB™ energy storage system at the University of California San Diego's Library.
  • MOAB is the first second-life energy storage system to integrate and control repurposed electric vehicle battery packs from different manufacturers at varying levels of health in one unified system.
  • "This new technology category, a subset of energy storage, answers many energy issues facing our state today.