Connect with us

Cleantech

Volvo Trucks Receives Grants to Deploy VNR Electric Trucks in Southern California

Avatar

Published

on

Volvo Trucks North America was awarded $21.7 million in grants to deploy 70 VNR Electric trucks in Southern California for regional freight distribution and drayage. 

The U.S. Environmental Protection Agency’s (EPA) Targeted Air Shed Grant Program is providing $20 million in funding, supplemented by $1.7 million from the South Coast Air Quality Management District (South Coast AQMD) for charging infrastructure – to improve air quality in the region.

Volvo Trucks will deliver the EPA-funded VNR Electric trucks to Southern California fleet operators starting in 2021 through the third quarter of 2022, allowing for at least a full year of operations by the end of the project period in 2023. The announcement comes as Volvo Trucks nears the official commercial launch of its VNR Electric truck model later this year. 

Volvo Trucks will leverage best practices learned from the Volvo LIGHTS (Low Impact Green Heavy Transport Solutions) project – its collaboration with South Coast AQMD and 13 other organizations – to develop an end-to-end blueprint to successfully introduce battery-electric trucks and equipment into the market at scale. Combined with the other 25 truck deployments through the Volvo LIGHTS project, Volvo Trucks is committed to delivering nearly 100 VNR Electric trucks to the region for zero-emission freight transport. 

“This grant provides Volvo Trucks with an excellent opportunity to further expedite the success of the ecosystem designed through the Volvo LIGHTS project to support the wide-scale deployment of battery-electric heavy-duty trucks,” says Peter Voorhoeve, president of Volvo Trucks North America. “We applaud the EPA and South Coast AQMD for addressing the key issues in advancing electromobility and incentivizing technology investments in the region, and are proud they continue to trust in Volvo Trucks North America in the acceleration of Class 8 zero-emission vehicles.”

The EPA Targeted Air Shed Grant Program focuses on the regions that have the highest ozone and particulate matter (PM) pollution, including California’s South Coast Air Basin. South Coast AQMD is the agency responsible for attaining state and federal air quality standards for this region – including the counties of Los Angeles, Orange, San Bernardino, Riverside and the Coachella Valley. As part of the project, South Coast AQMD will lead a data analysis effort to evaluate the full breadth of emission reduction opportunities presented by battery-electric trucks.

Volvo Trucks will also gather deployment data to further refine the total cost of ownership calculations including actual vehicle maintenance and fuel cost savings – which can be even lower when combined with low carbon fuel standard credits and managed charging to reduce demand charges. Learnings from this project will allow Volvo Trucks to fine-tune the production at its New River Valley plant in Virginia, enabling seamless integration of the VNR Electric truck model into its manufacturing process for optimized, quality production.

Photo: A Volvo VNR Electric recently led a clean-energy truck parade of Southern California fleet operators to commemorate the opening of the new Port of Long Beach bridge

Source: https://ngtnews.com/volvo-trucks-receives-grants-to-deploy-vnr-electric-trucks-in-southern-california

Cleantech

Amaris Homes Granted Prestigious Housing Innovation Award for Second…

Avatar

Published

on

energy efficient custom homes

Amaris Homes’ award-winning model home is in Afton, Minnesota, and is a custom spec four-bedroom, 3 ½-bathroom home.

We are extremely proud to be recognized once again for our work to build custom homes with green building practices.

Amaris Homes, a leader in the affordable energy home industry, received Grand Winner recognition in the “Custom Homes on Spec” category from the U.S. Department of Energy’s Housing Innovation Awards. This is the second time they have received this custom home design award in the last four years. In 2017, Amaris Homes tied for first place; this year the company was the only one named Grand Winner.

The company’s award-winning model home is in Afton, Minnesota, and is a custom spec four-bedroom, 3 ½-bathroom home with a high-performance insulation system, energy efficient appliances and a high-efficiency comfort system, among other green features.

Amaris Homes has more certified custom-built green homes than any other builder in the state of Minnesota. While most other states have hundreds or even thousands of certified homes with the Department of Energy’s Zero Energy Ready Homes Program, Minnesota only has 34. The Department of Energy’s Housing Innovation Award winners represent the top 1% of U.S. builders that meet the rigorous specifications for the energy efficient custom homes program.

“We are extremely proud to be recognized once again for our work to build custom homes with green building practices,” said Raymond Pruban, Amaris Homes founder and chief manager. “These awards provide further reassurance of the quality of our green homes, not just in build and appearance, but what they can do for the environment.”

Energy efficient custom homes from Amaris Homes cut costs for homeowners by saving on energy bills while also doing so in a way that contributes to a sustainable future.

“Our goal is to continue to build homes with energy and water efficiency,” Pruban added. “We will continue to grow the number of green homes we produce in 2021.”

This Amaris Homes home incorporates efficient design principles that are calculated to save a homeowner $3,350 annually compared to the average new home.

As a healthy home builder, Amaris Homes has committed that every home it creates will meet the Zero Energy Home Program requirements.

Amaris Homes has won each time they have entered the Housing Innovation Awards. They also recently won the Reggie Award in 2019, which is an award granted for homes with high aesthetic appeal, along with other renowned custom home design awards.

For more information on Amaris Homes, or to speak with a homebuilding expert, visit minnesotagreenhomebuilder.com or contact Raymond Pruban at (651) 242-4850 or raypruban@gmail.com.

Share article on social media or email:

Source: https://www.prweb.com/releases/amaris_homes_granted_prestigious_housing_innovation_award_for_second_time/prweb17495641.htm

Continue Reading

Cleantech

Lumen Freedom Appoints Steve Pazol, Former Qualcomm Halo General…

Avatar

Published

on

News Image

Commenting on the new appointment, General Manager Rod Wilson said, “Steve brings a wealth of experience and valuable knowledge to the team here at Lumen Freedom.”

Lumen Freedom, a world leading manufacturer of wireless electric vehicle charging (WEVC) systems, today announced the appointment of former Qualcomm Halo General Manager, Steve Pazol, as a strategic advisor.

Pazol will be responsible for supporting Lumen Freedom’s management team on intellectual property, business and growth strategy, whilst building strategic partnerships and helping the business achieve further success in the US.

Pazol is a successful entrepreneur, CEO and general manager and has a 20+ year track record of managing successful start-ups in technology and emerging markets. Pazol led the global business for Qualcomm Halo (the wireless electric vehicle charging division) which was successfully sold to WiTricity in 2019. Steve also led Qualcomm’s WiPower (consumer electronics and wearables) and ETA Semiconductor businesses.

Commenting on the new appointment, General Manager Rod Wilson said, “Steve brings a wealth of experience and valuable knowledge to the team here at Lumen Freedom.”

“I have known the team at Lumen Freedom for some years and have always been impressed with both their vision and ’can-do’ attitude,” said Pazol. “They have taken a leading position in bringing this technology to the market, as they are demonstrating with their supply of WEVC systems for the McLaren Speedtail Hyper-GT. I am excited to be working with them as they advance their business to the next level.”

Wireless electric vehicle charging is a simple solution for charging electric vehicles and hybrid electric vehicles, without the fuss of having to plug-in. The efficiency levels of the Lumen Freedom WEVC systems are comparable to plug-in or conductive charging systems.

About the Lumen Group and Lumen Freedom

The Lumen Group is a leading integrator of automotive systems. Lumen offers a full-service supply capability from design, through to manufacturing on a global basis. With over 30 years of experience in the automotive industry, Lumen is known for being highly efficient and flexible in meeting customer’s needs.

Lumen Freedom, a member of the Lumen group of companies, is dedicated to the design, manufacture and integration of Wireless Electric Vehicle Charging (WEVC) systems. Lumen Freedom holds a license from WiTricity for the development and commercialization of WEVC.

Follow Lumen Freedom on LinkedIn

Share article on social media or email:

Source: https://www.prweb.com/releases/lumen_freedom_appoints_steve_pazol_former_qualcomm_halo_general_manager_as_a_strategic_advisor/prweb17488885.htm

Continue Reading

Cleantech

Suntuity Announces Net Zero Home Pilot Project in Central New Jersey

Avatar

Published

on

News Image

This is the first of many Net Zero Homes we will build to bring homeowners and business owners into a sustainable, affordable, ideally carbon-free future that will positively affect generations to come. -Dan Javan, Suntuity CEO & President

Holmdel, New Jersey-based contractors Suntuity Solar (https://suntuitysolar.com) and Suntuity Home (https://suntuityhome.com) are pleased to announce the construction of a one-of-a-kind LEED Platinum Certified home, the first of many planned under Suntuity Home’s Net Zero brand. The 100% solar-powered structure will become the first self-sustaining residential net zero energy project in central New Jersey to be built with cost-effective and environmentally-friendly BuildBlock ICF (Insulating Concrete Forms).

Once construction is complete, the ENERGY STAR® rated home will host 90 rooftop DualSun SPRING® solar modules on an Englert standing seam metal roof, 98% energy efficient LED lighting, a 93 kilowatt solar thermal heating system, and 8 Tesla™ Powerwall batteries for power storage. Additionally, an 1,800-square-foot rain catchment system will be installed on the rooftop to save and recycle up to 40,000 gallons of water per year.

A geothermal heating system and hybrid heat pumps will be used for secondary and tertiary heating supplements, and a 29,000-gallon infinity edge pool will serve as an additional storage location for hot water during colder months. The insulated driveway of the home, also to be built with ICF, will include an ice melt system to battle icy weather conditions. Additional premier brands utilized for this project include a CertainTeed mortarless STONEfacade™ to avoid moisture related issues, a Warmboard® radiant heating system, 3-pane, low emissivity (Low-E) PlyGem windows and a 36-foot span of hinge-less Panoramic Doors made with PVC and aluminum for improved thermal conditions and structural strength.

“We are pleased to announce this unique pilot project,” said Suntuity President and CEO, Dan Javan. “It is the first of many Net Zero Homes we will build to bring homeowners and business owners into a sustainable, affordable, ideally carbon-free future that will positively affect generations to come. We have done our best to work with a skilled team of professionals to bring green structures like this to market.”

The home will produce enough clean air to offset the pollution from over 63 million miles driven by the average vehicle. While it has a wealth of carbon-reducing benefits, there are also significant savings that the homeowner will experience over time – about $12,000 in annual utility savings, or an estimated ~$300,000 over 25 years. For additional savings, the standing seam metal roof with low-gloss, non-reflective coating helps reduce energy bills up to 50% and keeps the surface 60-70 degrees cooler than other roof options.

Read more about the project here and on social media.

About Suntuity Solar
Suntuity Solar (https://suntuitysolar.com), one of the Top 10 residential solar providers in the nation, brings clean, affordable energy to homeowners across the US. Part of the Suntuity Group of companies founded in 2008, Suntuity Solar is strategically positioned with industry-leading financing and technology that streamlines solar power as a viable energy alternative for several mainstream power options. With innovative financing solutions, in-depth technical expertise and a global presence, Suntuity Solar and its affiliate businesses consistently deliver best-in-class products, services and solutions.

About Suntuity Home

Suntuity Home (https://suntuityhome.com) is the residential construction and renovation division of the Suntuity Group of companies, a conglomerate of renewable energy, finance, technology and UAV service companies that has developed, built and managed assets of hundreds of megawatts of energy projects around the globe. Suntuity Home provides new home construction, roofing, siding, windows, LED lighting, solar, energy storage, EV and smart home automation for homeowners across the US.

Share article on social media or email:

Source: https://www.prweb.com/releases/suntuity_announces_net_zero_home_pilot_project_in_central_new_jersey/prweb17497810.htm

Continue Reading

Cleantech

Tesla Analysts — Most Earned Less Than Nothing (Q3 Analyst Report Cards)

Avatar

Published

on

Clean Power

Published on October 21st, 2020 | by Chanan Bos

October 21st, 2020 by Chanan Bos 


This is the third edition of our Tesla analyst report cards based on where their TSLA price targets and sell/hold/buy advice would lead you (based on information from tools like tipranks, marketbeat and other research).

It is actually a bit surprising, but the right words by these analysts can sometimes make the stock move quite significantly when in reality a lot of these analysts don’t appear to understand Tesla at all. Luckily, now that Tesla mostly answers questions from retail and institutional investors via say.com on its earnings calls, these analysts’ influence is diminished and people listening to (or watching) the Tesla earnings calls are saved from some of the most “boneheaded questions.”

This quarter, the report includes 26 analysts that have either updated their TSLA price target since the start of Q3 or are likely to appear on the call despite the fact that they haven’t updated their price target or don’t set price targets at all. The analyst cards are sorted from most bearish to most bullish, and this quarter there is at least one big surprise, Toni Sacconaghi from Bernstein.

Daniel Galves is a strange case. He is usually fairly bullish about Tesla, but he hasn’t updated his price target (to our knowledge) since Q2 2019, and thus appears to be bearish. Surely, his expectations for the stock price have shifted, but we don’t have any insight into that. He is on this list because he keeps appearing on the earnings calls despite not publishing price target updates.

Toni Sacconaghi is the biggest shock and surprise of the Tesla analyst world this quarter. Historically, this analyst has been known to be quite bullish on Tesla, and by ratings on tipranks, he is actually very well liked and followed. What appeared to be a fluke in the beginning of Q3 when he might simply not have had time to update the price target in response to the stock market has now turned unto a distinct pattern that also reflects the commentary.

In 2020 we would have thought that Tesla bears were a dying breed, mostly converting into bulls. So, to see his recent comments (see graphic above) is a bit puzzling. To call Battery Day “vaporware-ish” shows, in my opinion, a pretty big misunderstanding of what is going on with Tesla. The simplest explanation is that Toni all this time has had his own napkin math with a predetermined valuation that Tesla didn’t exceed in previous years but now does. In September, he was interviewed on CNBC, and even the news outlet that used to publish tons of FUD back in 2018 was more positive about Tesla than Toni was.

Dan Levy is certainly one of the more unusual bear-turns-bull analysts. Technically speaking, he isn’t a bull, and sentimentally speaking, I’m not quite ready to call him a bull either. In the past, his commentary on the company was extremely negative, to the point where it was practically FUD. It appeared that he did not understand the market, the company, or the technology, and I did not find his questions on the earnings calls useful. However, at some point in 2020, his commentary became a lot more positive and the questions he was asking on the call were no longer as absurd either. He has definitely pulled himself up by his bootstraps — just a few quarters ago he was literally the only TSLA analyst to have a negative general success rate and the absolute worst TSLA return. Now, that success rate is positive and his negative TSLA return is still in the triple digits but no longer as outrageously so.

For those who have forgotten, Goldman Sachs used to be very big TSLA bears, especially with its commentary. That is until the firm replaced the previous analyst with Mark Delaney. This analyst started off as a bull, seemed to have become a bear, and is now back to being a bull.

In any case, being on the job for just a few quarters is not enough time to judge his prospects as a TSLA analyst. One thing is for sure, though — his success rate and TSLA return scores are way better than that of his predecessor.

Deutsche Bank is a strange case. The name pops up more than once on the Tesla 10K SEC filing as a lender. This analyst, who has appeared on the earnings calls numerous times, is usually positive, but not excessively so. Even though the price targets have not been excessively bullish or bearish over the years, the firm’s success rate and slightly negative TSLA return makes it a strange case.

Last quarter, Alexander Potter had the highest TSLA price target. This time, he is in second place.

Pierre Ferragu this quarter has outbid even Alexander Potter and has the absolute highest TSLA price target. For a long time, he was mocked for having a TSLA price target twice as high as the stock price, but he was eventually proven right — very right.

You may have guessed or may simply recall that Gene Munster has a tendency to appear on these calls, and is usually quite bullish about the company. But we don’t have data for him.

Finally, my reasons for including Maynard Um from Macquarie Research actually have nothing to do with his price target. Rather, it has to do with the TSLA return. Even though this analyst probably stopped coverage of TESLA in Q3 2019, the fact that he recommended people buy when TSLA was at a lower price and just hold after that ended up giving him the best result. If there is a single conclusion to draw from it all, perhaps it is to just buy low and hold since no one can predict TSLA, especially not the analysts and their blunt financial instruments. Though, that is not actual investment advice, and we don’t provide investment advice of any sort. We’re not stock market analysts. 
 


 


Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica member, supporter, or ambassador — or a patron on Patreon.

Sign up for our free daily newsletter or weekly newsletter to never miss a story.

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.


Latest Cleantech Talk Episode


Tags: Adam Jonas, Alexander Potter, Baird, Baird & Co, Bank of America, Barclays, Barclays Bank, Ben Kallo, Brian Johnson, Canaccord, Canaccord Genuity, CFRA Research, Citi, citigroup, Colin Rusch, Cowen, Craig Irwin, Credit Suisse, Dan Levy, Daniel Galves, Daniel Ives, Deutsche Bank, Emmanuel Rosner, Frank Schwope, Garrett Nelson, Gene Munster, Goldman Sachs, Itay, Jefferies, Jeffrey Osborne, JMP Securities, John Murphy, Jonathan Dorsheimer, Joseph Osha, Joseph Spak, JP Morgan, JP Morgan Chase, Macquarie Research, Mark Delaney, Maynard Um, Morgan Stanley, New Street Research, Norddeutsche Landesbank, Patrick Hummel, Philippe Houchois, Pierre Ferragu, Piper Jaffray, RBC, RBC Capital Markets, ROTH Capital, Ryan Brinkman, Sanford Bernstein, Tesla analysts, Tesla stock, Toni Sacconaghi, UBS, Wedbush Securities, Wolfe Research


About the Author

Chanan Bos Chanan grew up in a multicultural, multi-lingual environment that often gives him a unique perspective on a variety of topics. He is always in thought about big picture topics like AI, quantum physics, philosophy, Universal Basic Income, climate change, sci-fi concepts like the singularity, misinformation, and the list goes on. Currently, he is studying creative media & technology but already has diplomas in environmental sciences as well as business & management. His goal is to discourage linear thinking, bias, and confirmation bias whilst encouraging out-of-the-box thinking and helping people understand exponential progress. Chanan is very worried about his future and the future of humanity. That is why he has a tremendous admiration for Elon Musk and his companies, foremost because of their missions, philosophy, and intent to help humanity and its future. He sees Tesla as one of the few companies that can help us save ourselves from climate change.



Source: https://cleantechnica.com/2020/10/21/tesla-analysts-most-earned-less-than-nothing-q3-analyst-report-cards/

Continue Reading
Nano Technology17 hours ago

An ionic forcefield for nanoparticles: Tunable coating allows hitch-hiking nanoparticles to slip past the immune system to their target

Esports19 hours ago

Allay Their Fears WoW: How to Complete the Quest

Esports19 hours ago

The Rock Expresses Interest in Fortnite Skin Modeled on Him

Esports19 hours ago

Doublelift Retires: A Tale of Glory, Downfall, and Legacy

Esports19 hours ago

Native Fortnite Locations: How to Complete the Challenge

Nano Technology20 hours ago

One-way street for electrons: Scientists observe directed energy transport between neighbouring molecules in a nanomaterial

An artist
Nano Technology20 hours ago

Quantum nanodiamonds may help detect disease earlier: The quantum sensing abilities of nanodiamonds can be used to improve the sensitivity of paper-based diagnostic tests, potentially allowing for earlier detection of diseases such as HIV, according to a study led by UCL research

This nanoparticle disrupts the metabolism of algae. CREDIT UNIGE/ Wei Liu
Nano Technology20 hours ago

Phytoplankton disturbed by nanoparticles: Due to its antibacterial properties, nanosilver is used in a wide range of products from textiles to cosmetics; but nanosilver if present at high concentrations also disrupts the metabolism of algae that are essential for the aquatic food

Nano Technology20 hours ago

Russian scientists improve 3D printing technology for aerospace composites using oil waste

Nano Technology20 hours ago

Pitt researchers create nanoscale slalom course for electrons: Professors from the Department of Physics and Astronomy have created a serpentine path for electrons

Techcrunch21 hours ago

Original Content podcast: Just don’t watch Netflix’s ‘Holidate’ with your parents

AR/VR21 hours ago

XRI Launches Survey Examining Diversity & Inclusion Within XR Industry

Blockchain22 hours ago

Malta’s Pivots to Becoming a Fintech Haven

Ecommerce23 hours ago

Black Friday on track for $8.9B+ in online sales as shoppers stay away from brick-and-mortar stores

Blockchain24 hours ago

Blockchain Voting is Possible: Dispelling Myths & Fears

Blockchain1 day ago

Chinese Banks Suspend New Gold Trading Accounts Creation Amid Price Slump

Techcrunch1 day ago

Tony Hsieh, iconic Las Vegas tech entrepreneur, dies aged 46

Blockchain1 day ago

NANO Rejected but Could Attempt Another Breakout Soon

Cyber Security1 day ago

How do Safe Online Sportsbooks Protect your Data?

Blockchain1 day ago

OKEx Introduces One of Crypto’s Largest Loyalty Rewards Programs

Energy1 day ago

Zoomlion begeistert auf der bauma China 2020 mit intelligenten Baumaschinen der nächsten Generation und sichert sich Aufträge im Wert von über 3 Milliarden USD

Blockchain1 day ago

Ripple Is Cashing Out a Third of Its Stake in Surging MoneyGram

Russia
Esports1 day ago

DreamHack Open November reaches playoffs

Energy2 days ago

Zoomlion impressiona na Exposição bauma China 2020 com o lançamento de maquinários de construção inteligentes de última geração garantindo mais de US$ 3 bilhões em pedidos

Europe
Esports2 days ago

mousesports move on to BLAST Premier Fall Showdown semis over Heroic

Energy2 days ago

Zoomlion cautiva en la exposición bauma China 2020 con el lanzamiento de maquinaria de construcción inteligente de próxima generación que asegura más de 3 mil millones de dólares en pedidos

Energy2 days ago

Insights on the Fatty Alcohol Global Market to 2026 – Featuring BASF, Ecogreen Oleochemicals & Godrej Industries Among Others

Energy2 days ago

The Chemours Company Announces Completion of Private Offering of $800 Million Aggregate Principal Amount of 5.750% Senior Unsecured Notes Due 2028

Energy2 days ago

Insights into Global High Voltage Switchgear Industries and Manufacturers to 2030 – by Equipment Type, Type of Use, Voltage Range and Customer Type

Energy2 days ago

Zoomlion impressionne lors de la bauma China 2020 avec le lancement de machines de construction intelligentes de nouvelle génération lui permettant d’obtenir des commandes de plus de 3 G$

Trending