Luxury electric boatbuilder ALVA Yachts is doing what many in the maritime industry consistently strive toward – building vessels bigger and better. Its latest solar electric catamaran is a 90-foot superyacht called the OCEAN ECO 90 H2 – in addition to zero-emissions propulsion and sustainable power, it adds hydrogen fuel cells and a wing sail propulsion system to alleviate any need for fuel aboard. Oh, don’t forget the jacuzzi up top.
ALVA Yachts is a German company founded in 2020 by Mathias May and Holger Henn, evolving out of PICA yachts. It was originally founded in 2013 – launching over forty 20- to 30-foot sailing and electric powerboats in its tenure.
We’ve covered the boatbuilder more and more as of late as it looks to create the next generation of zero-emission yachts by developing a growing lineup of solar electric catamarans that are as luxurious as they are sustainable.
In the past three years alone, ALVA Yachts has introduced a 50-foot cruiser, two electric sailboats in lengths of 72- and 82-feet, plus 60- and 90-foot all-electric yachts, including the OCEAN ECO 60, which debuted in 2022 and is now in production.
Last month, ALVA introduced a new 78-foot solar electric catamaran slotted between the OCEAN ECO 60 and OCEAN ECO 90 – the latter of which was previously available as an all-electric or diesel-hybrid superyacht.
Today, however, ALVA has gone all in on fuel-less yachts; a new version of the OCEAN ECO 90 adds hydrogen and wind power to ensure true zero emissions. Have a look.
The upcoming ECO 90 H2 solar electric superyacht / Credit: ALVA Yachts
ALVA is building its first fuel-less electric superyacht
The boatbuilder announced today that the build of its first OCEAN ECO 90 H2 solar electric superyacht is underway and will arrive as its first vessel to run without any fossil fuels, producing zero emissions.
The fully electric superyacht is propelled by two 250 kW motors as standard, with an optional upgrade to a 2×480 kW system. The motors are powered by a 500+ kWh battery pack aboard that can recharge using 200 square meters of solar cells atop the vessel that can provide up to 40 kilowatt-peak (kWp) power from nothing but the sun.
What’s new on the OCEAN ECO 90 H2 is the integration of hydrogen fuel cells as an additional zero emissions range extender, supplied by EODev and integrated by SECO Marine. Lastly, the solar electric superyacht will feature an Oceanwings wind propulsion system from Ayro that utilizes wind sensors on the wing sails to analyze data and adjust the wing sail angle and camber automatically.
The result is a 90-foot catamaran with several sustainable fail-safes to ensure the vessel stays powered for long journeys at sea.
Aside from its ultra-green performance specs, the vessel is still a luxury superyacht. It features an open-air concept that includes an open flybridge and helm, plus a sky lounge, cocktail bar, and top-deck jacuzzi. Other features include a large galley with a full-size fridge, an island with bar stools, and a large dining table that seats twelve guests.
The owner of the first ALVA OCEAN ECO 90 H2 has already stated they plan to use the electric superyacht for commercial use, including private and corporate events, plus charters to showcase that environmentally safe, luxury sailing is possible. ALVA Yachts CEO Holger Henn spoke to the company’s latest build as well:
We are very happy to have found such a confident and innovative client that pushes us to explore new technologies. This project would not be possible without our classification partner DNV which has established new ground rules especially for us because this has never been done before. In addition to DNV, our engineering partner iYacht has surpassed our expectations when faced with such advanced engineering challenges. What is special about this project is certainly the leap that we are making in technology. A superyacht that can operate without fossil fuel is something we could only dream of. But with the help of strong partners and a lot of effort from the ALVA team, we want to show what is possible in boat building today.
As previously stated, ALVA’s first OCEAN ECO 90 H2 is already in production, and it is expected to make its maiden voyage in late 2024.
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Tesla has started offering leases of certified pre-owned cars, which is relatively rare in the industry, with $0 down as it desperately tries to move vehicles before the end of the quarter.
With the federal tax credit for electric vehicles set to expire at the end of the quarter, automakers in the US are all trying to optimize EV sales, as demand is being pulled forward.
This also applies to used EVs, as the $4,000 federal incentive for used electric vehicles will also expire on September 30th.
Now, leasing used vehicles is much less common than leasing new cars, but some automakers, or mainly dealers, do offer it.
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Tesla is getting into this business for the first time.
In California and Texas, Tesla is now offering leases on certified pre-owned (aka used) Model 3 and Model Y vehicles.
These are reasonably priced and can be as low as $215 per month with $0 down for a 24-month lease and 10,000 miles per year.
Tesla also offers a 12-month lease and up to 15,000 miles annually. While there’s no down payment needed, there’s an “Acquisition Fee” of $695.
That, and the first month, is all you need to get in a used Tesla for the next year or two.
This is undoubtedly the cheapest way to get into a Tesla vehicle right now.
Tesla is trying to sell as many vehicles as possible in the US this quarter, as demand for EVs has been pulled forward due to the end of the tax credit. This is expected to result in a record quarter in the US, but it also going to create a few difficult ones in the future.
With demand being pulled forward and future buyers feeling like they missed out on EV discounts, the US EV market is expected to experience a significant slowdown over the next 12 to 18 months.
Tesla sales are down about 13% globally so far this year. While this quarter is expected to be better, many analysts still anticipate Tesla’s year-over-year performance to be down.
This year alone, Tesla added more than 50,000 electric vehicles to its inventory.
Used cars have also been piling up.
Tesla owners rushed to sell their vehicles as Tesla’s brand perception dived following its CEO’s involvement in politics.
Danish equipment makers HG build job site dumpers that help move sand, rocks, debris, construction waste, and building supplies across rugged, uneven urban job sites. And with the introduction of their newest E3000 model, they’re helping move more than three tons of that stuff without emissions and — just as crucially — without noise.
HG announced the E3000 electric site dumper just this week, adding the new 3 tonne capacity to its growing lineup of 1 and 2 tonne dumpers (that’s over 6,600 lbs., in “landed on the Moon” units). With a 180° swivel tip on the bucket as standard equipment and an optional high tip version available at launch, it should be able to handle just about anything a hard working construction crew can throw at it.
“With the HG E3000, we once again prove that electric dumpers are not only better for people and the environment. They are also more efficient, cheaper to operate, and can run more than a full working day on a single charge,” explains Nikolaj Birkerod, CEO of HG, told Power Progress. “With 3 tonne dumpers, we are proving, as we already have with 2 tonne dumpers, that we can deliver on both performance and reliability while enabling customers to save 15% per operating hour compared to a diesel dumper.”
Exact specs haven’t been released, but HG claims the E3000’s 29 kWh is good for 12 full hours of continuous, loaded operation, and that it can be fully recharged on a “standard” 220 charger (L2) in about four hours. If you’re curious about what has been released, I’ve got all that for you right here:
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The only all-electric dumper on the market that gives you 12 working hours while carrying 3 tonnes payload.
Our latest addition to accelerate 100% machinery:
3-ton payload for high-capacity material handling
12-hour working – a full day’s work without recharging
Optional high tip for quick and flexible unloading into containers and trucks
180° swivel tip as standard for precise placement of loads
Fast charging: 0–100% in approx. 4 hours with the integrated charger
Lithium 29 kWh battery with automatic heating for all-season use
One-pedal drive for smooth and intuitive operation
The E3000 is built for contractors and rental companies who demand maximum productivity without compromising on environmental responsibility.
With a carrying capacity of 3 tonnes and an industry-leading 12 hours of effective runtime on a single charge, it’s proof that heavy-duty work and zero emissions can go hand in hand.
At the heart of the E3000 is HG’s patented articulated drivetrain with four independent in-wheel motors. This unique design delivers the most energy-efficient power transfer in the industry, using significantly less power than conventional electric system. This translates directly into lower operating costs and more hours on site between charges.
No word yet on pricing or whether or not the new dumper will eventually be sold outside the European market, but we do know that HG plans to deliver the first examples of its new machine to customers by early 2026.
Electrek’s Take
E3000 w/ high-tip bucket; via HG.
While there are a lot of people outside the urban construction space who may scoff at environmental concerns, the quest for improved efficiency and cost reduction among commercial fleet managers knows no political ideology. Add in more restrictive noise regulations and the side benefits of improved job site safety and fewer sick days, and electric equipment is a no-brainer.
Simply put: If it’s better or cheaper, fleets will buy it. If it’s better and cheaper, they’ll buy two — and battery powered equipment is proving to be consistently better, in a broader scope of use cases, than diesel.
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For just $129 per month, the Volkswagen ID.4 might be the best EV lease deal right now. At that, it’s almost half the cost of a new Jetta.
Volkswagen ID.4 is cheaper to lease than a Jetta
After the 2025 model year went on sale, the ID.4 raced out to become the third-best-selling EV in the US in January.
With ultra-low lease prices starting at just $129 per month, it’s no wonder Volkswagen’s electric SUV is flying off the lots.
For a $45,000 SUV, any lease under $200 a month is a steal nowadays. It’s even cheaper than leasing a new Jetta S, despite costing nearly twice as much.
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The deal is for a 24-month lease with a $2,499 due at signing, resulting in an effective monthly cost of $233. To put that into perspective, the 2025 VW Jetta S is listed for lease at $269 for 36 months. With $3,999 due at signing, the effective rate is $380, making the ID.4 a significantly better deal.
Volkswagen ID.4 (Source: Volkswagen)
Volkswagen’s deals vary by region. The $129 offer is available in California and a few other West Coast states. In others, it’s listed at $329 for 24 months with $4,499 due at signing.
The Volkswagen ID.4 is available in five different trims: Pro, AWD Pro, Pro S, AWD Pro S, and AWD Pro S Plus. The base 2025 ID.4 PRO RWD starts at $45,095 with up to 291 miles of driving range.
Volkswagen ID.4 interior (Source: Volkswagen)
Although the ID.4 lease offer is tempting, Hyundai may still have it beat with the 2025 IONIQ 5 available to lease from $179 per month nationwide.
Volkswagen’s offer ends on September 30, when the federal EV tax credit is set to expire. After that, much of the savings will disappear unless the company steps in with its own incentives.