Austin, Texas — Coinbase Global Inc. is changing its state of incorporation from Delaware to Texas, a move that signals how the center of U.S. corporate law is starting to shift away from its traditional home. The company announced the decision in a filing with the Securities and Exchange Commission on Wednesday. The change gives … Continue reading “Coinbase Ends Delaware Charter, Registers in Texas Under Revised Corporate Laws – iShook Finance”
Written by EVadmin
This analysis and news roundup comes from the Canary Media Weekly newsletter. Sign up to get it every Friday. A simple principle has shaped Texas’ electricity system for the last two decades: Developers should build the types of power plants they think will compete best on the state’s open market. As the cost of solar, … Continue reading “Will Texas self-destruct its clean energy industry?”
Written by EVadmin
As winter turns to spring, Texas is setting new records with its nation-leading clean energy fleet. In just the first week of March, the ERCOT power grid that supplies nearly all of Texas set records for most wind production (28,470 megawatts), most solar production (24,818 megawatts), and greatest battery discharge (4,833 megawatts). Only two years ago, the most … Continue reading “Texas broke its solar, wind, and battery records in one spring week”
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Tesla is going to build a new Megafactory in Texas near Houston, according to a tax abatement agreement with Waller County. At the time of writing, Tesla had yet to comment on the new project, but the Waller County Commissioners Court confirmed the project on Wednesday when they approved a tax abatement deal with the company: Under … Continue reading “Tesla to build a new Megafactory in Texas near Houston”
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On today’s episode of Quick Charge, Hyundai doesn’t care if incoming President Trump kills the $7,500 Federal EV tax credit, California’s planning to offer an EV tax credit of their own, and there’s a massive new solar project in Texas prairie land. We’ve also got Tesla hoping to meet its Q4 sales goals by throwing all … Continue reading “Hyundai doesn’t care what Trump does, California does it anyway, big Texas solar”
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Texas project installed, manufacturing in the works When we first spoke in late 2022, Stratakos planned to build the Texas plant in 2023 and start shipping the remainder of its battery stockpile in 2024. The actual installation process turned out to be “a learning experience,” Stratakos told me last week, meaning it took longer and cost more … Continue reading “The biggest grid storage project using old batteries is online in Texas”
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Photo: RWE Rivian will power its DC fast-charging network with renewable energy company RWE’s Champion Wind farm in Texas. The two companies just signed a 15-year power purchase agreement (PPA) for electricity from RWE’s repowered Champion Wind in Nolan and Mitchell counties, west of Abilene. The 127-megawatt (MW) Champion Wind is getting new turbine nacelles … Continue reading “A wind farm in Texas will help power Rivian’s Adventure Network”
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On today’s spectacular episode of Quick Charge, we bust the myth of slowing EV sales by teaching journalists how to do math. We also check out the new, $50,000 mainstream Lucid and break the news to California that they’re not #1 anymore. We also mark Greenlane’s groundbreaking (literally!) flagship EV charging station for big trucks, and talk … Continue reading “Help with fractions, EV sales up, a $50K Lucid, and solar is bigger in Texas”
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All in all, “things have worked pretty well the way they are supposed to,” said Doug Lewin, president of the Texas-based energy consultancy Stoic Energy. “It’s not overstating it at all to say that solar and storage has been determinative” in keeping the ERCOT grid steady through trying heat waves this year. In fact, Lewin wrote … Continue reading “Solar and batteries are helping Texas weather heat waves. Here’s how.”
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The argument in favor of building new data centers closer to locations primed for low-cost solar and wind power development is becoming more appealing, Kimber said. The same goes for as-yet-nascent industries such as green hydrogen and direct air capture, which will require enormous amounts of carbon-free energy to serve their goals of replacing fossil … Continue reading “Intersect Power to build $837M worth of grid batteries in Texas”