China’s solar is now at twice the capacity of its coal power – report

  • June 26, 2023
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Solar is growing at 33.7% year-on-year and is now at twice the capacity of coal power in China, according to a new report. Solar and coal in China Today, the China Electricity Council, a state-approved nonprofit national trade association, released its first-quarter report, the “Operational Situation of [the] Electric Power Industry.” As of the end […]

The world’s largest wind turbine is now being installed in China

  • June 26, 2023
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A 16-megawatt (MW) wind turbine – the world’s largest – is being put in place off the southeastern coast of China. The 16 MW wind turbine is part of the second phase of China Three Gorges Corporation’s (CTG) Zhangpu Liuao wind farm. CTG issued an announcement this morning that said its wind power installation platform, […]

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AvoMD closes $5M seed round for AI-enabled app development platform

  • June 26, 2023
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AvoMD, an AI-enabled platform that allows clinicians and hospitals to create apps for use at the point of care, announced it closed $5 million in a seed funding round led by AlleyCorp.  Epsilon Health, MedMountain Ventures and Las Olas also participated in the round alongside Dr. Kavita Patel, venture partner at New Enterprise Associates and […]

Kia announces first Europe pricing for EV9, and it’s more than we thought

  • June 26, 2023
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We’ve now learned initial pricing for Kia’s upcoming EV9 three-row SUV in one European market, thanks to a price list on Kia’s Belgian website. So far we’ve had to speculate on pricing for the upcoming EV9, as Kia hasn’t announced US pricing yet. With deliveries starting in Korea last week, we know what domestic Korean […]

Porsche develops an electric sports boat using next-gen Macan EV drive tech

  • June 26, 2023
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Porsche is taking its EV drive tech beyond the roads (and land altogether) in a new partnership with renowned Australian yacht builder, Frauscher Shipyard. The premium German automaker is developing an electric sports boat that will be equipped with the upcoming Porsche Macan EVs drive tech. It’s expected to go on sale next year. Porsche […]

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Insurtech company Clover Health settles remaining lawsuits

  • June 26, 2023
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Tennessee-based Clover Health announced it reached an agreement to settle seven lawsuits in Delaware, New York and Tennessee pertaining to allegations the company did not disclose it was under active investigation by the Department of Justice when it went public in 2021.  Clover Health provides Medicare Advantage insurance plans and offers provider tools, such as […]

GM and Element 25 to supercharge the US EV battery supply chain

  • June 26, 2023
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General Motors (GM) announced a new deal with Australian-based supplier Element 25 on Monday to expand manganese sulfate production in the US, a key EV battery component. Under the supply agreement, Element 25 will provide GM with up to 32,500 metric tons of manganese sulfate annually to help the automaker hit its goal of producing […]