Innovation

Major US corporations biggest customers of renewable energy

Major US corporations biggest customers of renewable energy

Wal-Mart, GM some of the largest users of renewable energy A number of major American corporations, including Wal-Mart Inc and General Motors Co have become some of the biggest consumers of renewable energy and are helping drive growth in the industry. According to a Reuters report, nearly 40 per cent of US wind contracts were […]

Tesla in talks to build EVs in China, may partner with internet giant

Tesla in talks to build EVs in China, may partner with internet giant

Tesla hoping to avoid 25 per cent import tariff Tesla Inc is moving closer to establishing a manufacturing plant for its electric vehicles in China. The Palo Alto California-based company said on Thursday that it is in exploratory talks with the municipal government of Shanghai. According to Reuters, the company did not give a definite […]

Renewable energy sources not harmful to US grid reliability

Renewable energy sources not harmful to US grid reliability

Renewable energy groups brace for Trump administration analysis Two companies concerned that the Trump administration will soon release a report undermining renewable energy industries released their own report on Tuesday. In mid-April, Energy Secretary Rick Perry directed the Department of Energy to conduct a study to “explore critical issues central to protecting the long-term reliability of […]

ExxonMobil doubled oil production from algae in biofuel breakthrough

ExxonMobil doubled oil production from algae in biofuel breakthrough

Previous attempts to increase algae oil production volume were hindered due to slow growth ExxonMobil and Synthetic Genomics Inc. announced a breakthrough into advanced biofuels involving the modification of an algae strain that more than doubled its oil content without significantly inhibiting the strain’s growth, according to a press release. Using advanced cell engineering technologies […]

Oilsands innovators look for ways to compete with US shale

Oilsands innovators look for ways to compete with US shale

Oilsands innovators developing new techniques, products to help reduce costs A report by Reuters on Monday highlighted the innovators working to help Alberta oilsands producers find better, cheaper ways to get oil out of the ground and compete with the booming US shale industry. A handful of firms are running multi-million dollar pilot projects with […]

Canada’s Magna International to produce BMW hybrid at Austrian factory

Canada’s Magna International to produce BMW hybrid at Austrian factory

Magna International also contracted to build Jaguar’s I-PACE SUV On Monday, Canadian auto supplier Magna International Inc. announced it will build BMW’s new 5-series plug-in hybrid at the company’s factory in Graz Austria. Magna says it plans to produce electric vehicles on a contract basis for global automakers and already has an agreement in place […]

GM expanding test fleet of self-driving Chevy Bolt EVs

GM expanding test fleet of self-driving Chevy Bolt EVs

Chevy Bolt self driving fleet expanded to 180 General Motors is expanding its fleet of Chevy Bolt autonomous electric vehicles to 180, joining the existing fleet of 50 Bolts under testing in San Francisco, Scottsdale, Arizona and metro Detroit. The 130 cars rolled off the production line from the Orion Assembly Plant in Orion Township, Michigan on Tuesday. […]

VW EV van unveiled at Detroit Auto Show

VW EV van unveiled at Detroit Auto Show

VW EV van called the VW ID Buzz Over the weekend, Volkswagen unveiled its electric microbus at the Detroit Auto Show. The VW EV van concept vehicle, dubbed the VW ID Buzz, is part of the automaker’s “big electric offensive”. While the company said it is not sure if it will produce the vehicle for sale, […]

New Tesla Model 3 orders not likely to ship until end of 2018

New Tesla Model 3 orders not likely to ship until end of 2018

Tesla Model 3 sales optimism helped drive up company stock price Anyone ordering a Tesla Model 3 now should not expect to actually own the electric car this year, possibly not even next year either. “This will be a long wait,” Tesla CEO Elon Musk said when he spoke at the company’s annual shareholder conference last […]

Renewables on the rise: are Energy Majors ready to invest?

Renewables on the rise: are Energy Majors ready to invest?

Energy Majors only just starting to sow  seeds for radical changes that lie ahead Wind and solar energy are poised to radically reshape the energy market over the coming decades, presenting a threat to legacy oil and gas operations, but also an opportunity to diversify and future-proof portfolios, according to a report from Wood Mackenzie. […]