News

SolarWorld AG Successfully Closes Financial Negotiations

published: 2012-07-24 16:04
The challenging market situation in the solar industry increased the risk of SolarWorld AG during the second quarter not to meet its financial covenants. For this reason, SolarWorld AG has renegotiated loan agreements amounting to...  more

First Electric Buses in Uruguay Coming from BYD

published: 2012-07-23 15:13
José Mujica, President of Uruguay, BYD, CTS and Buquebus officials signed a contract yesterday to begin bringing electric buses into Uruguay.   BYD’s GreenCity 12 meter Pure-electric Bus "I am very pleased that Uruguay will have t...  more

Siemens to Supply 300 Offshore Wind Turbines to DONG Energy

published: 2012-07-23 15:07
Siemens and DONG Energy continue their successful cooperation in offshore wind. On July 19, 2012, the companies signed a framework agreement for the supply of a total of 300 wind turbines with a capacity of 1,800 megawatts (MW). T...  more

Lithium Ion Batteries More Affordable by 2025

published: 2012-07-20 14:53
According to a study released by consulting firm McKinsey & Company, the price of EV lithium batteries used in electric cars will drop 70% by 2025. On average, these batteries cost $600/kWh. McKinsey predicts that the price w...  more

Chinese EV Maker Gets 20,000 Orders

published: 2012-07-20 14:52
In an effort to reach their target of having 5-million EVs on their roads by 2020, Chinese authorities are doing everything they can to make it happen. One of these efforts is the recent signing of a contract between Chinese EV ma...  more