When will the solar PV industry finally catch up?

  • September 29, 2021

xcel Energy, the parent company of Xcel Energy and SolarCity, is looking to be one of the first companies to break into the U.S. market when it launches its own energy storage company, XcelPower.

The announcement came as part of the company’s quarterly earnings call on Wednesday.

The announcement came after the company said it was in discussions with an unnamed third-party investor, but declined to disclose the terms of the talks.

XcelPower will have a battery system that will be designed for use with electric vehicles and hybrid vehicles, and it will offer the ability to store and recharge electric vehicles at night.

“The first and most important step will be the introduction of XC Power.

Its unique technology will enable a new era of energy storage,” said Michael Hsieh, chief executive officer of Xctom, in a statement.

“XC Power will provide a more sustainable and resilient storage solution that will significantly reduce the amount of power needed for our customers’ electric vehicles.

We believe this technology will significantly improve the cost of energy for our electric vehicles, while improving the performance of our vehicles in the field.”

XcPower is expected to have a range of 100 miles and a price of $25,000 per month.

In the U, Tesla is already one of several companies that are making an effort to catch up to the market for storage technology.

Last year, it announced it had purchased an 8,000 megawatt battery for its Supercharger network, a project that will provide free charging for some drivers who use the Tesla Model S and X.

Tesla said it plans to deploy about 20,000 of the batteries on its Supercharging network by the end of 2021, with more than 100 million Superchargers currently in use.

A Tesla spokeswoman declined to comment.

XcelEnergy said the company plans to start selling its energy storage system later this year, but did not specify a specific date.

Shares of XCTower rose 6.5% to $9.95 in premarket trading.

Chevron faces environmental lawsuit after oil spill in California

  • July 2, 2021

Chevron is facing an environmental lawsuit over its massive oil spill into a pristine lake in the Pacific Ocean, as the company faces new allegations of the chemical contamination of the lake.

In a lawsuit filed last week in the U.S. District Court for the Southern District of California, the environmental group Earthjustice accuses Chevron of violating the Clean Water Act by leaking thousands of gallons of oil into the Lake Elsinore Lagoon in California.

Chevron says it has taken steps to clean up the spill site and that it plans to take the matter to court.

Environmental groups have long said that the spill was a serious environmental problem and that Chevron was not complying with federal environmental law.

Chevron denies the allegations, saying that the lake’s ecosystem is a critical habitat for salmon, the species which depend on it for their survival.

The company also says that the contamination is not significant enough to merit any significant damages.

Earthjustice said that its complaint accuses Chevron, which is based in San Francisco, of “gross negligence” in the spill, which resulted in the deaths of dozens of fish and other species.

According to the complaint, the oil company had drilled a well that was buried more than 1,000 feet below the surface.

Chevron’s wells in Lake Elgin, California, are also covered by federal and state pollution laws.

Chevron says it plans a cleanup of the spill in order to prevent further spills, which it says could occur during an oil spill.

“We are committed to working with the local and federal government to address the concerns raised by the public and protect our environment,” the company said in a statement.

Chavez’s father, Luis, a billionaire oil tycoon, was arrested in 2011 after a court found him guilty of environmental violations at his estate in Mexico.

Earlier this year, a federal judge ruled that Chavez had not been properly compensated for the oil he produced in Mexico as part of his father’s oil exploration.

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