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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

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million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). However, achieving such growth level will be dependent on two key factors: aggressive reductions in battery costs and rising gasoline prices. Last week, J.D. million units in 2020, or some 7.3% Earlier post.)

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Lux Research: fuel cell vehicles lag other drivetrains in terms of cost of ownership; ICE and HEV lowest cost

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Based on an analysis of various cost of ownership scenarios for various drivetrains, including internal combustion engine (ICE) gasoline and diesel; hybrid (HEV); battery-electric (EV); plug-in hybrid electric (PHEV); and fuel cell vehicles, Lux Research concludes that fuel cell vehicles (FCVs) are “ solidly in a laggard position. ”.

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DOE awards $56M to 21 concentrating solar power projects; $8M for reducing soft costs of rooftop PV systems

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DOE also announced the “America’s Most Affordable Rooftop Solar” competition to aggressively drive down the cost of rooftop solar energy system as well as $8 million in awards to nine small businesses to lower the cost of financing, permitting, and other “soft costs,” which can amount to nearly half the cost of residential solar systems.

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EPRI: lifetime cost of ownership of plug-ins is roughly comparable with conventional vehicles

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Consumers who purchase an electric vehicle will find that lifetime costs to own the vehicle are competitive with conventional and hybrid vehicles, according to an analysis conducted by the Electric Power Research Institute (EPRI). —“Total Cost of Ownership for Current Plug-in Electric Vehicles”.

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SolarCity and Honda establish investment find to finance $65M in solar projects for Honda and Acura customers

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are partnering to make solar power more affordable and available to Honda and Acura customers in the US, providing a cleaner source of electricity at a lower cost than utility-supplied power. SolarCity and American Honda Motor Co.,

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SolarCity and Honda to finance $50M more in solar projects for Honda and Acura customers and dealerships

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SolarCity and Honda have renewed their partnership with a new fund expected to finance $50 million in solar projects. The new commitment will make solar power more affordable and available to Honda and Acura customers and dealerships in the US. The $50-million fund is a follow-up to a $65-million fund the companies created in 2013.

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IRENA report says tripling renewables investment required to reach 2050 climate goal

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The 2020 edition of Global Landscape of Renewable Energy Finance highlights however, that while a cumulative US$1.8 Although this was largely due to the decreasing costs of renewables, the total installed capacity continued to grow. Global landscape of renewable energy finance in 2017-2018. C objective by mid-century.

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