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Malaysian car marketplace Carsome bags $50m to expand in Southeast Asia

It plans to work with financial institutions to provide financing options for dealers and consumers. Go to Source

Driving Tests Coming for Autonomous Cars

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Galaxy S11 Series to Be Equipped with Superhigh Quality Cameras and Batteries with Large Capacities

Level of interests towards Samsung Electronics’ flagship smartphone ‘Galaxy S11’ that will be released in 2020 has heightened. Various predictions mixed with expectations are coming out like water confined by a dam.There is even a rendering image that reminds one of actual Galaxy S11 has come to the surface. Although the image is based on… Continue reading Galaxy S11 Series to Be Equipped with Superhigh Quality Cameras and Batteries with Large Capacities

Carsome raises $50m Series C in debt & equity from MUFG, Daiwa, others

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93 MWh Tesla Megapack Coming To Alaska To Save Customers Cash

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Published on December 10th, 2019 |

by Kyle Field

93 MWh Tesla Megapack Coming To Alaska To Save Customers Cash

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December 10th, 2019 by Kyle Field

Alaskan Electricity Cooperative Installing 93 MWh Tesla Battery On Financials Alone
A new 93 MWh Tesla Megapack system installed in Alaska by the Homer Electric Association, Inc., will be used to directly offset electricity that would have otherwise required a peaker plant to fire up. The new battery pack will be installed at the Soldotna Power Plant (map), adjacent to the existing natural gas-fired GE LM 6000 turbine currently used to provide electricity to cover peak usage in the area.

The Tesla Energy installation at the Hornsdale wind farm in Australia. Image courtesy: Tesla

The new Tesla batteries will demonstrate that not only can batteries directly replace gas-fired peaker plants, they can do so even in the frigid temperatures of Alaska, where temperatures typically stay below freezing for months at a time in the winter.

The battery pack is being installed by the Homer Electric Association specifically to “increase grid stability, electric power reliability and system efficiency for its members.” The Tesla Megapack installation will be able to fully discharge its 93 MWh of stored energy to the grid at a rate of 46.5 MW, so a full discharge takes 2 hours.

Banks of Tesla Powerpacks are linked together to store massive amounts of electricity in a compact area. Image courtesy: Tesla

Adding the energy storage system to its local grid allows Homer Electric Association to meet the mandated grid reliability requirements without having to rely on the gas turbine for power. Utilizing the battery instead of the turbine means less gas being burned, lower emissions, and a more reliable grid.

Notably, the local electricity cooperative opted to install the new Tesla Energy system as a way of creating a more flexible grid to accommodate more intermittent renewable assets on the grid in the future. Batteries not only serve as peaker units for a grid operator, they are a source of flexibility, one of the most valuable metrics for any grid operator when it comes to keeping everything humming along reliably.

A Tesla Powerpack being installed. Image courtesy: Tesla

The newly inked deal will see the new Tesla Megapack system in Soldotna come online in the fall of 2021. Unfortunately, while the deal has already been locked in, financials for the cost per kWh are not being shared.

Source: Homer Electric
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Kyle Field I'm a tech geek passionately in search of actionable ways to reduce the negative impact my life has on the planet, save money and reduce stress. Live intentionally, make conscious decisions, love more, act responsibly, play. The more you know, the less you need. TSLA investor.

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The Tesla CyberRoadster Needs To Exist

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Published on December 10th, 2019 |

by Johnna Crider

The Tesla CyberRoadster Needs To Exist

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December 10th, 2019 by Johnna Crider

Tesmanian founder Vincent last week shared a really cool concept of a Tesla CyberRoadster on Twitter, and it needs to be real. Imagine the new Tesla Roadster crossed with the Cybertruck. It’s a nice blend of two trendsetting vehicles that also result in zero emissions when driving around town or through the countryside.

The concept even has the cracked windows from the actual Cybertruck reveal, which have become a fan favorite since they really add to that dystopian flair.

The CyberRoadster, if it actually became reality, looks like it would have the Cybertruck’s “eyes” and “nose and design theme while having the Roadster’s “body.” In other words, it has the angular features and the exoskeleton of the Cybertruck but with the Roadster’s lower stance and wider bodywork.

The CyberRoadster would combine the sleekness of the Roadster with the artistry of the Cybertruck into one unique electric vehicle that would not just be made for speed, but also a tough beast to reckon with. Yes, we need the CyberRoadster to become reality.

Some think that this is similar to a Lamborghini of some sort or another with a better roof, and that it would be the ultimate supercar.

In general, Tesla exceeds at standing out with its uniqueness, but I am really feeling this concept. (Editor’s note: I want this. Santa?)

Someone else mentioned that if the CyberRoadster existed, it could be determined too strong during a collision with other cars. This opened up a dialogue about emergency brakes in which Twitter user Johnny says, “The goal is to make emergency brake better and to make self-driving good by the time the Cybertruck comes out so that most accidents would be avoided and that it wouldn’t be the Cybertruck’s fault if someone hits it.” One thing we all know from Tesla’s nice collection of safety awards is that Tesla prioritizes safety first and foremost.

The CyberRoadster may not be as useful during a zombie apocalypse as the Cybertruck, but as with other sports cars, it does smooth out some of those sharper edges and have an extremely appealing design compared to the truck/SUV — and it would be faster. As for the broken windows?

“We don’t make mistakes, just happy little accidents.”
—Bob Ross.

Franz breaking those windows has not only made Tesla an even more popular subject to talk about, but many of the Cybertruck renders include the broken windows. A happy little accident, indeed — one that had Tesla fans cracking up laughing while going “OMG!” simultaneously. The most important question is: will Tesla add shattered window decals to its online store?

While stock analysts and car enthusiasts alike discuss Tesla, the Cybertruck, and other concepts, Tesla is still doing what it set out to do: it’s mission.

Note: It is unclear who created the CyberRoadster render. If it was you please let us know so that we can give you credit.
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Johnna Crider Johnna Crider is a Baton Rouge artist, gem and mineral collector, and Tesla shareholder who believes in Elon Musk and Tesla. Elon Musk advised her in 2018 to “Believe in Good.”

Tesla is one of many good things to believe in. You can find Johnna on Twitter

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Seattle port officials approve face recognition guardrails as feds waffle on the controversial tech

Delta is the first airline to launch a biometric terminal in the U.S. with facial recognition technology. (Delta Photo) The Port of Seattle established new rules governing the use of biometric screening Tuesday amid an ongoing global debate over facial recognition technology. The vote comes as civil rights groups pressure government agencies across the country… Continue reading Seattle port officials approve face recognition guardrails as feds waffle on the controversial tech

GM Loans $40 Million To Lordstown Motors To Buy Former GM Plant

The entire plant and equipment were sold for just $20 million. Reuters revealed today very interesting news that General Motors agreed to loan $40 million to Lordstown Motors, the start-up that acquired the shuttered GM’s Lordstown Complex in Ohio. Even more interesting is that the plant and equipment were purchased for $20 million, which would… Continue reading GM Loans $40 Million To Lordstown Motors To Buy Former GM Plant

Scripps Research, AbbVie Expand Drug Discovery Deal Beyond Cancer

December 10th, 2019 Xconomy San Diego — The Scripps Research Institute and AbbVie have agreed to broaden an existing drug discovery agreement focused on cancer cell therapies to now encompass treatments for other kinds of disease. Scripps’s early-stage drug discovery division, Calibr, last year inked a big partnership with North Chicago, IL-based AbbVie (NYSE: ABBV)… Continue reading Scripps Research, AbbVie Expand Drug Discovery Deal Beyond Cancer

Perceptive Unveils New $210M Fund to Invest in Early-Stage Biotechs

December 10th, 2019 Xconomy New York — Perceptive Advisors, an investment firm with a long track record of life science investing across all points of development, is now stepping up to pump money into companies at the earliest stages with a new $210 million venture capital fund. The Perceptive Xontogeny Venture Fund (PXV) is led… Continue reading Perceptive Unveils New $210M Fund to Invest in Early-Stage Biotechs