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Tesla Plans to Sink $5 Billion into Shanghai Factory to Boost Chinese EV Sales

Tesla Plans to Sink $5 Billion into Shanghai Factory to Boost Chinese EV Sales

The trade war between China and the US is making it more imperative than ever for Tesla to establish production in that country, according to Industry Week; China is the world’s largest market for electric cars, and the company has plans to sink $5 billion into its factory near Shanghai, … Read more »

Xcel Energy’s Bidding Process Shows Energy Storage Prices Keep Falling

Xcel Energy’s Bidding Process Shows Energy Storage Prices Keep Falling

Price has always been considered the primary obstacle to building out energy storage systems — until now. Xcel Energy said that it has received hundreds of bids to help it integrate energy storage into its wind and solar energy networks, which are making such systems ever-more competitive.

Is 35 GW of Energy Storage Possible by 2035?

Is 35 GW of Energy Storage Possible by 2035?

Energy storage could save the grid $4 billion in all and add as as many as 167,000 new jobs. That is according to the Energy Storage Association that says as much as 35 gigawatts of new energy storage could be added by 2025, all of which would alleviate the pressures that the current system faces. 

Manufacturers Indicate Their Brands Are Their Biggest Assets

Manufacturers Indicate Their Brands Are Their Biggest Assets

With the collapse of the president’s American Manufacturing Council, manufacturers have collectively made a statement that the value of their brands is far more important that proximity to policymaking at the highest levels.

Shortage of Ethically Sourced Cobalt from Congo Causes Trouble for GE, Apple, Tesla…and More

Shortage of Ethically Sourced Cobalt from Congo Causes Trouble for GE, Apple, Tesla…and More

Major manufacturers like Tesla and General Electric are facing a severe shortage of ethically sourced cobalt, and the metal is expected to increase in demand by 500%, says OilPrice.com. Amazon, too, needs the metal for its Kindle, and other consumer electronics are contributing to the demand and resulting shortage of supply. Tesla’s … Read more »

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