Clean energy news: November 2021
Arizona cities among nation’s top clean energy hubs, report finds
Two Arizona metros are among the country’s top clean technology innovation hubs, according to a recent report. The Phoenix metro ranked No. 22 and Tucson ranked No. 39 in the Cleantech Innovation Hubs Survey from Colorado venture capital and research firm Saoradh Enterprise Partners, which ranked the nation’s top 40 hubs on how they stacked up on clean technology solutions that “improve environmental sustainability related to aggregate human welfare and functioning natural ecosystems.” Read more >>
Lucid shares soar on news of first electric sedan deliveries
Lucid Group Inc. shares jumped by 31% Thursday and continued higher on Friday as the luxury electric car maker met its goal of preparing to make its first deliveries this weekend. Shares of the California-based Tesla rival jumped by as much as 47% at one point in Thursday’s session on the delivery news that had actually been announced the previous day. Lucid said on Wednesday morning that it would put its first 520 vehicles into customers’ hands, specifically a $169,900 special edition of its Lucid Air EVs, at events at its headquarters this weekend. Read more >>
My view: A sunny outlook for solar in Arizona
If Arizona has more days of sunshine than anywhere else in the nation, wouldn’t it make sense that we should be No. 1 when it comes to the solar industry? That thought has been front and center in my brain lately. And I’m certainly not alone as Congress has wrestled with the Build Back Better Act, which includes clean electricity policies that would only cost a fraction of the plan’s price tag. But consider the return on investment. Nonpartisan think tank Energy Innovation estimates federal policies that reach for 80% clean electricity across the nation would create nearly $40 billion in solar, wind and battery projects in Arizona alone. Read more >>
Electric-vehicle manufacturing may rev up already busy industrial market
Some of the most high-profile warehouse — and economic development — deals in the U.S. today are in the electric vehicle space. Whether it’s Tesla Inc.’s (NASDAQ: TSLA) 4-million-square-foot manufacturing facility in Austin, Texas; Ford Motor Co.’s (NYSE: F) three planned battery factories totaling $11 billion in investment and an upcoming Toyota Motor Corp. (NYSE: TM) U.S. battery-production center, it’s clear the market is having a moment right now. Although the billion-dollar investments churn the most headlines, there are plenty of smaller, younger players elbowing their way into the space, too. Read more >>
SRP Solar for Nonprofits program selects foster care agency AASK to receive a free solar system
Key report likely overstated costs of Arizona’s Clean Energy Rules, new analysis finds