Charging Forward: Cap and floor, Highview Power LAES and more
Energy Voice takes a look at major developments in the UK energy storage sector in our new series, Charging Forward.
Tesla
UK firm to use Tesla batteries to build French storage project
UK developer, Harmony Energy Ltd. has begun construction on France’s biggest battery storage facility, boosting the country’s ability to store green electricity when it’s plentiful for use later when it’s needed.
Ørsted to install Tesla battery at offshore wind farm
Danish wind farm giant Ørsted (ORSTED.CO) has revealed plans to install a Tesla (TSLA.O) battery storage system at its Hornsea 3 wind farm in East Anglia.
BP signs $100 million deal with Tesla for ultra-fast EV chargers
BP’s electric vehicle charging business has signed a $100 million deal with Tesla for ultra-fast charging hardware units.
China leaves everyone behind in race for renewables income
“Shifting business models toward greener activities is about more than being virtuous for the sake of the planet,” says BNEF’s Michael Daly. “There’s a huge financial opportunity for companies that help drive the energy transition.”
Exxon in talks with Tesla, Ford, VW on supplying lithium
Exxon Mobil is in talks with Tesla, Ford Motor Co., Volkswagen and other automakers about supplying them with lithium as the oil giant works to build a business around the crucial battery metal, according to people familiar with the matter.
Grid by community grid, Zola targets the world’s power problem
Zola is now operating in 12 countries, which Lenihan described as “enough markets for now”. The current priority is to build up relevance in the countries where it is now.
Tesla closes in on preliminary deal for Indonesia EV plant
Tesla is close to a preliminary deal to set up a factory in Indonesia, according to people familiar with the matter, as Elon Musk’s electric-vehicle maker looks to capitalize on the Southeast Asian nation’s reserves of key battery metals.
Big Oil stages a Big Comeback as Exxon valuation passes Tesla
The largest US oil company, Exxon Mobil (NSYSE: XOM), has surpassed electric-vehicle giant Tesla Inc (NYSE: TSLA) in market value for the first time since 2020 as investors sell high-growth stocks and buy up value stocks in the energy sector.
Texans asked to conserve electricity as grid nears the brink
Texas residents and businesses, including the biggest names in oil, autos and technology, are being asked to conserve electricity Monday afternoon during a heat wave that’s expected to push the state’s grid near its breaking point.
Hydrogen: The future of European energy or ‘the most dumb thing’
Over the past few months, Europe has radically accelerated its energy ambitions, placing hydrogen at the centre.
Elon Musk coming to ONS conference
Billionaire Elon Musk is coming to the ONS conference in Stavanger later this year.
Vestas beats Tesla, AstraZeneca and Apple to top list of world’s most sustainable companies
Wind turbine manufacturing giant Vestas (CPH: VWS) has been named as the most sustainable company in the world for 2022.
Tesla to stop accepting Bitcoin as payment
Electric car maker Tesla will stop accepting Bitcoin as a payment due to concerns about the environmental impact of the cryptocurrency.
Morgan Stanley: Gasoline industry is about to become totally worthless
The average energy investor is by now well aware of the sector's monumental shift from fossil fuels to renewable energy. Coal-powered power plants have been shuttering at an alarming clip as the price of electricity from natural gas and renewables undercuts them while wind and solar generation continue to gain the ascendancy.
Elon Musk’s $100m prize is for removing carbon dioxide from the air
Elon Musk became the richest person in the world by dramatically improving electric vehicles, pushing forward a technology that reduces carbon-dioxide emissions and slows global warming.
Tesla’s dominant position in China under threat next year
Tesla Inc. is coming to the end of its first year selling China-made cars with a commanding position in the world’s biggest electric-vehicle market, but Elon Musk shouldn’t rest on his laurels.
Tesla slides in first day of trading on the S&P 500 Index
Tesla Inc.’s shares fell as much as 6.4% in premarket trading on its first day after being added to the S&P 500 Index, as the broader market slid and the stock retraced gains from Friday when tens of millions of shares were purchased by index-fund managers.
Tesla shatters records in climb to Nasdaq’s top performing spot
Tesla Inc. is wrapping up its biggest week in three months as news that Elon Musk’s electric-vehicle maker will enter the S&P 500 Index next month sparked a global buying frenzy throughout the electric vehicle sector.
Exxon to go down from the Dow
ExxonMobil will be turfed out of the Dow Jones Industrial Average (DJIA) as of August 30, replaced by Salesforce.com, a cloud computing company.
Tesla’s Musk claims restarting operations doesn’t go ‘against the grain’
Tesla asserted late Saturday that restarting its operations in the midst of the coronavirus pandemic didn’t make the company an outlier, nor was it going against the grain.
Tesla ‘omitted hundreds of injuries’ in occupational health reports, California regulator says
For years, Tesla has refuted concerns about worker safety at its main assembly plant by describing reviews from a California regulator as vindication.
Tesla rival aims to banish 160-year-old lead tech from cars
Your sleek new Tesla Model S or electronic BMW has a distinctly 19th century feature that you may not be aware of, among its batteries. A company in Estonia wants to change that.
Tesla hits $100bn mark Elon Musk must sustain for big payout
Tesla Inc.’s market value briefly crept above $100 billion for the first time, a threshold that will trigger a huge payout for Elon Musk if he can sustain the feat for months.
Embarrassment for Musk as Tesla ‘shatterproof cybertruck’ doesn’t pass muster
Elon Musk unveiled Tesla Inc.’s eagerly awaited electric pickup truck on Thursday but it didn’t go as planned, ending with two smashed windows and the hashtag #cybertruck trending on Twitter for all the wrong reasons.