The global wind turbine blade market is expected to deliver revenue of between $6.6 billion and $7.7 billion annually from 2016 to 2025, according to Navigant Research, as well as technological innovations that continue to provide incremental yet significant advances.
Solar prices have been in a sharp decline for several years now, due primarily to massive drops in PV module pricing, but a new report has shown that solar prices will only continue to fall as price reductions spread to inverters, trackers, and even labor costs.
Britain’s offshore wind industry has been significantly bolstered by several recent projects which are serving to make Britain home-base for the manufacturing and development of offshore wind farms around the world.
Until now, it’s been something of a mystery where Lucid Motors would be manufacturing it’s rather appealing looking 400-mile Atvus electric vehicle, and if the company would actually be able to meet its goal to begin sales in 2018. Considering the people involved with the company, though, it seemed likely that there must be serious plans of some kind.
China-based struggling solar manufacturer Yingli Green Energy, also known as Yingli Solar, has confirmed the anticipated lull in the solar industry it predicted back in the second quarter.
During Tesla’s annual shareholders meeting, Elon Musk told his audience that Tesla is putting much more effort into designing the factories of the future. By focusing on “physics-first principles,” Musk said, he believes the production capacity can be increased exponentially if the focus is on “building the machines that build the machine.”
Canadian-based solar PV manufacturer Canadian Solar has reported a lackluster third quarter, joining its North American brethren in what has been a tough year for solar companies in the region, forcing the company to revised downwards its full-year guidance, and seeing its shares tumble.
Volkswagen will begin manufacturing electric vehicles in North America starting in 2021, or so the company claims, going on recent reports. This expansion of production in North America is reportedly part of the firm’s plan to gradually work up to 2–3 million fully electric vehicle sales globally a year by 2025. (Electric vehicles in this case doesn’t mean just all-electrics.)
Chinese solar PV manufacturer Jinko Solar announced its third quarter earnings this week, and though shipments and revenue were down slightly over the second quarter, the company is nevertheless confident of a strong 2016, raising full-year shipping guidance.
Donald Trump may (or may not) be good at negotiating in the business world, but he is a novice to international diplomacy and policymaking. It’s not just about bluffing or not in order to earn more money — international relations at this high level are about nuanced alliances, honor, and stability.
