Green Car Stock Archives - Page 2 of 65

ThursdayMay 29, 2025 9:00 am

Solar Gears Up to Become the Most Cost-Efficient Energy in South Korea

Research from the Lawrence Berkeley National Laboratory in California has revealed that solar electricity is poised to become the most cost-efficient source of energy in South Korea. According to a research team based at the lab, solar has the potential to have the lowest levelized cost of energy (LCOE) of all energy sources in South Korea by 2030 to 2035. Solar energy is one of the most popular forms of renewable energy globally and is currently the third-largest source of renewable energy after hydropower and wind. Titled “Assessing the Levelized Cost of Energy in South Korea,” the team’s research paper…

TuesdayMay 27, 2025 9:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Reports 395% Asset Growth in Current Fiscal Year, Focuses on Long-Term Recurring Revenue Strategy

Total assets rose to $194 million as of March 31, 2025, as compared to the end of the last fiscal year, following a key acquisition. Revenue from the company’s independent power producer segment grew from $0.3 million to $6.6 million. This reflects the company’s focus on long-term income-generating assets, versus short-term engineering, procurement, and construction/project sales. During the third quarter, SolarBank executed several operational milestones that align with this longer-term focus. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and…

TuesdayMay 27, 2025 9:00 am

Meta Signs 650 MW Solar Energy Deal to Power its Data Centers and AI

Facebook, Instagram, and WhatsApp parent company Meta has invested in 650 megawatts (MW) of solar energy to power its data centers and artificial intelligence (AI) operations with clean electricity. The recently signed agreement moves the tech giant closer to its renewable energy goals by tapping into solar power. Meta signed a long-term power purchase agreement (PPA) with American energy company AES to source solar energy for its rapidly expanding data center operations in Kansas and Texas. These facilities, which also support Meta’s AI workloads, have become increasingly energy intensive due to the rapid growth of cloud services and AI adoption,…

FridayMay 23, 2025 9:00 am

Supply Chain, Grid Issues Handicap Energy Transition in Europe

A recent report from the Energy Industries Council (EIC) has revealed that Europe’s transition to renewable energy could be hindered by industrial bottlenecks, permitting delays, and grid issues. The continent has made significant strides in adopting clean energy, especially in countries like Sweden, Finland, and Portugal, but grid and supply chain issues threaten to handicap the continent’s progress. If Europe doesn’t address these critical challenges in time, it may not be able to transition to green energy fast enough to meet regional and global emission standards over the next couple of decades. According to the EIC, Europe’s 2030 climate targets…

ThursdayMay 22, 2025 9:00 am

Freight Trains Could Haul Clean Energy to Different Locations

Freight trains could be used to circumvent grid connection bottlenecks by hauling batteries filled with renewable energy across the country. Despite a massive increase in America’s green energy capacity, a significant portion of the country’s renewable energy still isn’t connected to the grid due to transmission and interconnection bottlenecks. Instead of waiting several years to connect to the grid, green energy projects could deliver their energy to end users via freight train. This is possible due to battery technology advancements that have made modern batteries smaller, more compact, energy-dense, and safer. Stakeholders have poured billions of dollars into researching and…

TuesdayMay 20, 2025 11:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) CEO Discusses Business Model, Competitive Advantage During GotStocks Podcast

CEO Dr. Richard Lu discussed SolarBank’s vertically integrated business model on a recent GotStocks podcast. SolarBank is an expanding developer, builder, operator, and owner of clean energy projects across North America, maintaining a $184 million portfolio of assets generating recurring revenue. The company’s flexible supply chain strategy helps mitigate any tariff risks while reducing costs. Going forward, a recently announced up to $100 million transaction with CIM Group is set to fund up to 97 MW of U.S. community solar projects. Disseminated on behalf of SolarBank Corporation Dr. Richard Lu, CEO of SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer…

TuesdayMay 20, 2025 9:00 am

How the Adoption of EVs is Reshaping the Worldwide Demand for Oil

The global adoption of battery electric vehicles (BEVs) is having a notable effect on oil demand across several key markets. Oil has been the primary source of energy for the transport industry for over a century, and a large portion of the world’s infrastructure grew around the extraction, refining, and distribution of oil and petroleum products. Although this reliance on oil has significantly contributed to premature atmospheric heating and accelerated climate change, fossil fuels were integral to the transport sector and several other energy-intensive industries. As automobiles became common and urban centers across the globe increasingly centered their infrastructure around…

FridayMay 16, 2025 9:00 am

Unprecedented Power Blackout in Spain Triggers Clean Energy Debates

The entire Iberian Peninsula recently experienced a massive blackout that left most of mainland Spain, Portugal, and parts of southern France without electrical power for around 10 hours. Some opposition parties in Spain, as well as a few external observers, have pointed to net-zero emission goals and renewable energy targets as potential contributors to the outage. Unprecedented in its scope, the 2025 Iberian Peninsula blackout was one of the worst power failures in recent European history, severely disrupting transportation systems, telecommunications, and emergency services. Authorities in Spain have launched an investigation to determine the exact cause of the outage and…

ThursdayMay 15, 2025 9:00 am

US House Points Guns on Clean Energy, Climate Policies in Budget Proposals

The Trump administration is considering eliminating various Biden-era climate action policies designed to invest in America’s burgeoning green energy industry. U.S. House representatives recently introduced plans to phase out renewable energy tax credits, cut federal spending on clean energy and electric vehicles, and pull back funding dedicated to climate action in an attempt to pass a budget that aligns with President Donald Trump’s anti-green energy agenda. President Trump frequently criticized the Biden administration for investing tens of billions of dollars into building out the country’s green infrastructure and vowed to rescind all federal funds earmarked for climate action if he…

TuesdayMay 13, 2025 9:00 am

Clean Energy Surges in the US, But Trump’s Policies Threaten Progress

A recent report has revealed that while renewable energy production in the U.S. has tripled in the past decade, its progress is being threatened by the Trump administration's policies. Renewable energy projects in the U.S. are producing more clean energy than ever, but political uncertainty under President Donald Trump and billions of dollars in budget cuts could dampen America's progress. Before President Trump took office, green energy production in the U.S. was accelerating at a significant pace. Targeted policies and investments enabled the launch of numerous solar, wind, and other green energy projects across the country, allowing the U.S. to…

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