Press Release
Rising Energy Costs Make the Case for Solar Finance
When fossil fuel prices climb, the financial case for solar becomes straightforward — but investors and lenders now expect models that also capture battery storage, hydrogen conversion, and the full range of scenarios that determine where a project genuinely stacks up.
Zurich, Switzerland, 24th Mar 2026 – eFinancialModels, a global marketplace for professional financial model templates, is reporting growing demand for its solar energy financial model template library as rising fossil fuel prices sharpen the arithmetic behind solar investment. The platform is observing particular interest in templates that go beyond basic generation revenue — covering integrated battery storage, solar-to-hydrogen conversion, and financing scenarios that allow developers and investors to run the numbers across a full range of market conditions.

The arithmetic is direct. Utility-scale solar now produces electricity at a globally averaged levelized cost of around $43 per megawatt hour (IRENA, Renewable Power Generation Costs in 2024). Oil-fired generation tells a different story. Residual fuel oil — the petroleum product burned in oil-fired power stations — contains 6.287 million BTU per barrel (EIA, Appendix A, Table A1). At $100 per barrel, that works out to $15.91 per million BTU. Applied to the average tested heat rate of 10,331 BTU per kilowatt-hour that the U.S. Energy Information Administration recorded for petroleum-fired steam generators in 2024 (EIA, Electric Power Annual, Table 8.2), the fuel cost alone reaches $164 per megawatt hour — nearly four times the levelized cost of solar. That comparison needs no editorial commentary. For any industrial facility, remote operation, or utility still relying on oil or gas-fired generation, the financial case for solar does not require advocacy. It requires a model.
“The question developers and investors are asking is increasingly simple: at current and projected energy prices, where does solar make sense, where does adding a battery make sense, and where does producing hydrogen make sense? These aren’t difficult questions to answer — you just need a model that’s built to handle all of them in one place. When energy prices are high and expected to stay that way, the numbers tend to make the argument themselves.”
— Cyrill Haenni, Founder of eFinancialModels
Higher Oil Prices Make Solar Storage Easier to Justify
A solar park that generates electricity for sale or self-consumption becomes financially attractive more quickly as fossil fuel prices rise — but so does the case for adding storage or fuel conversion. Batteries and hydrogen electrolysis require additional capital; that investment is far easier to justify when the electricity being stored or converted has displaced fuel costing $100 per barrel or more. Conversely, when oil prices fall, the economics of storage must stand on their own merits, which is exactly why rigorous scenario modelling matters. The variables that determine whether a modern solar project stacks up — and under what energy price conditions — are:
- PPA price and duration: Power purchase agreement terms define a solar project’s contracted revenue floor for its entire operating life. The interaction between PPA price, duration, and the prevailing market electricity rate determines when a project is bankable — and under which contract structures it is not.
- Battery storage integration: Adding a battery to a solar installation enables electricity arbitrage between peak and off-peak periods, participation in capacity and grid services markets, and reduction of demand charges. When energy prices are high, the spread between off-peak solar generation and peak electricity prices widens — directly improving the battery’s return on capital. Degradation schedules and replacement costs must be modelled over the full asset life to reflect the true economics.
- Yellow hydrogen conversion: Surplus solar electricity that cannot be fed to the grid or stored in batteries can be converted to hydrogen via electrolysis — a pathway that creates an additional revenue stream and turns intermittency from a constraint into a productive asset. Modelling this requires integrated analysis of both the solar plant and the electrolyzer, including levelized cost of hydrogen, combined project IRR, and individual plant payback. The competitiveness of solar-derived hydrogen depends critically on the price of natural gas: when gas prices are elevated — as Europe experienced acutely in 2022, when conventional grey hydrogen reached $5–6 per kilogram — electrolytic hydrogen from solar at $3.50–6.00 per kilogram is already cost-competitive. A financial model must capture this sensitivity explicitly (IEA, Global Hydrogen Review 2024).
- Financing structure scenarios: The split between debt and equity, interest rate assumptions, and tax incentive eligibility each produce materially different project IRR (Internal Rate of Return) and lender debt service coverage ratios. Running multiple capital structure scenarios before committing to a financing structure is standard lender expectation, not optional sensitivity work.
- Energy price sensitivity and storage viability thresholds: The central question for any solar project considering storage or hydrogen is: at what energy price does each option become NPV-positive? A financial model must flex energy price assumptions across a range of scenarios to identify these thresholds — and to stress-test what happens if fossil fuel prices fall back. A project that requires $100-per-barrel oil to justify its battery may carry a different risk profile than one that stacks up at $70. Running these numbers in advance is precisely what distinguishes a fundable project analysis from a projection.
As fossil fuel costs remain elevated and solar’s cost advantage seems to widen, eFinancialModels provides developers, project finance professionals, and renewable energy investors with the tools to model every dimension of a modern solar project — from standalone generation through to integrated solar, battery, and hydrogen analysis — and to run the numbers themselves across the full range of scenarios that determine where a project stands. Templates are available at www.efinancialmodels.com.
About eFinancialModels
eFinancialModels is a premier online marketplace offering a wide array of industry-specific financial model templates in Excel and Google Sheets. Catering to entrepreneurs, investors, and executives worldwide, the platform provides expertly designed tools to support financial planning, analysis, and strategic decision-making — helping project teams translate their vision into rigorous, investor-grade financial plans.
To learn more, visit www.efinancialmodels.com
Follow eFinancialModels:
Facebook: @efinancialmodels
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YouTube: @efinancialmodels
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Instagram: @efinancialmodels
Media Contact
Organization: eFinancialModels
Contact Person: Cyrill Haenni, Founder & Managing Partner
Website: https://www.efinancialmodels.com/
Email: Send Email
City: Zurich
Country:Switzerland
Release id:42936
Disclaimer: This press release is for informational purposes only and does not constitute financial or investment advice. Readers should conduct their own analysis or consult a professional before making decisions.
The post Rising Energy Costs Make the Case for Solar Finance appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Nova Junk marks 20 years of eco-friendly junk removal in the Washington DC area
Nova Junk, a family-owned junk removal company based in Alexandria, Virginia, celebrates two decades of responsible hauling, recycling, and donation services across the Washington DC metro region.
Washington, United States, 16th Jul 2026 – Nova Junk, a locally owned junk removal company serving Washington, DC, Northern Virginia, and Maryland, is marking its 20th year in business. Founded on September 11, 2005, according to information published on the company website, the company has grown from a two-person family operation into a multi-service hauling company with a team that includes extended family members and long-tenured employees.

Nova Junk provides junk removal, estate cleanouts, office cleanouts, construction debris removal, yard debris hauling, shed removal, hot tub disposal, and labor-only services, according to the company website. The company serves communities throughout the Washington DC metro area, including Alexandria, Fairfax, Arlington, Bethesda, Montgomery County, and Prince George County.
A distinguishing feature of Nova Junk’s operating model is its three-stage disposal process: donate, recycle, and landfill. According to information published on the company website, the team sorts through all collected material, first setting aside items that can be donated to local charities and then separating recyclable materials such as batteries, printers, and refrigerators. Only the remainder goes to the landfill, and the company states that it typically sends just one third of collected material to the dump.
The company is licensed and fully insured, according to the company website, and places a strong emphasis on punctuality and transparent pricing. Nova Junk states that final charges are adjusted downward when a load turns out to be smaller than estimated, a policy highlighted repeatedly in customer reviews published on the company website.
“We started this company as a family and grew it the same way – by treating every customer’s home and business the way we would want ours treated,” said Norman Elbekri, Co-founder at Nova Junk. “After 20 years we are still committed to the same values we started with: honest pricing, responsible disposal, and service that people can count on.”
Nova Junk serves both residential and commercial clients. Services extend to de-cluttering and hoarding solutions, moving and foreclosure cleanouts, and demolition site cleanup. The company operates from two locations – 2000 Duke Street in Alexandria, Virginia and Smoketown Road in Woodbridge, Virginia – and can be reached at novajunk.com.
About Nova Junk
Nova Junk is a family-owned junk removal company founded in 2005, serving Washington, DC, Northern Virginia, and Maryland. The company provides residential and commercial hauling, estate cleanouts, construction debris removal, and specialty services including shed and hot tub removal. Nova Junk is committed to responsible disposal through a donate-recycle-landfill approach that minimizes landfill impact. Learn more at https://www.novajunk.com
Media Contact
Organization: Nova Junk
Contact Person: Norman Elbekri Co-founder
Website: https://www.novajunk.com/
Email:
info@novajunk.com
City: Washington
Country:United States
Release id:47175
The post Nova Junk marks 20 years of eco-friendly junk removal in the Washington DC area appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Jyong Biotech has updated its market entry strategy for innovative botanical pharmaceuticals, establishing multiple competitive advantages for its new drug portfolio
Jyong Biotech Ltd. (Nasdaq stock code: MENS) (hereinafter referred to as “the Company” or “Jyong Biotech”) is a science-driven biotechnology company dedicated to developing and commercializing innovative plant-based therapies. The Company recently announced that, following an analysis of the clinical efficacy and competitive advantages of its innovative botanical drugs Botreso® and PCP, it has advanced its market access strategy.
As previously announced by the company, its first core product, Botreso®, has completed four Phase III clinical trials (API-1) in the United States and Taiwan, while its second core product, PCP, has successfully completed a Phase II clinical trial. Overall clinical data demonstrate that Jyong Biotech’s innovative botanical drugs exhibit significant differentiation advantages compared to currently marketed synthetic chemical drugs.
Overall Safety Profile for Long-Term Use
For middle-aged and elderly males requiring long-term medication, safety is one of the most decisive factors. In clinical trials—Botreso® (Phase III) had a treatment duration of one year, while PCP (Phase II) lasted two years—no drug-related serious adverse events were observed, demonstrating excellent safety and tolerability.
In contrast, currently available chemically synthesized drugs for the treatment of benign prostatic hyperplasia (BPH) are often associated with adverse effects such as postural hypotension, erectile dysfunction, and decreased libido. Regulatory authorities and research institutions have linked certain synthetic alternative medications to significant risks, prompting the U.S. Food and Drug Administration (FDA) to issue a safety advisory regarding advanced prostate cancer and depression in 2011, and to include suicidal ideation in its list of adverse reactions in 2022. Additionally, an independent study conducted in 2021 also established associations between these drugs and cardiac failure.
Management of risks associated with advanced prostate cancer
Large-scale international clinical trials have demonstrated that while certain synthetic drugs used to treat benign prostatic hyperplasia (BPH) can reduce the overall incidence of prostate cancer, they may paradoxically increase the proportion of advanced prostate cancer (Grisson score ≥ 7) when cancer develops, thereby posing significant clinical safety concerns.
The Phase II clinical trial of PCP was a large-scale, long-term study on rare conditions conducted in Taiwan across 20 major hospitals. Over a period of two years, the trial involved 135 urologists (representing more than one-tenth of all urologists in Taiwan) and enrolled a total of 702 participants. It was one of the first global clinical trials specifically targeting prostate cancer prevention using a novel botanical drug conducted in Taiwan. The results demonstrated that PCP exhibited a downward trend in both overall prostate cancer incidence and the risk of advanced-stage prostate cancer, effectively addressing concerns within the medical community regarding the risks associated with existing therapies.
Comprehensive approach of “Treatment + Prevention + Metabolic Management”
Based on the clinical data from the company’s conducted trials, the company believes it is establishing a differentiated product positioning.
• Improvement of lower urinary tract symptoms (LUTS): Effectively alleviates symptoms associated with benign prostatic hyperplasia.
• Prevention of prostate cancer: Demonstrates prophylactic clinical potential.
• Metabolic and cardiovascular protection: Decreased triglyceride levels (P=0.05), significantly reduced total cholesterol and low-density lipoprotein (bad cholesterol) (P<0.05), significantly increased high-density lipoprotein (good cholesterol) (P<0.05), and maintained stable blood glucose levels.
This comprehensive therapy delivers benefits without adversely affecting blood pressure, liver function, or renal function. The company emphasizes that this integrated approach combining treatment, prevention, and metabolic management is exceptionally rare among current prostate medications and holds significant appeal for men aged 40 and above.
Technical Barriers and Competitive Advantages
Due to the inherent complexity and diversity of components in novel botanical drugs, quality control poses greater challenges compared to that of small-molecule chemical drugs. Jianyong Biotechnology asserts that the company has successfully established a comprehensive technical platform, which includes:
• Purification and establishment of reference standards.
• Development and validation of analytical methods.
• Perform the validation analysis and verification process.
The company believes that such comprehensive capabilities create substantial market entry barriers, rendering the products highly difficult to replicate. Furthermore, they effectively mitigate risks associated with competition from counterfeit and substandard products as well as generic drugs, ultimately contributing to an extended period of market monopoly.
The upgraded market positioning and strategic value
As a plant-based new drug protected by global patents, Jyong Biotech believes its market strategy leverages the following key advantages:
• Pricing competitiveness: Its unique metabolic protection profile and safety profile enable it to command higher prices compared to non-patented generic drugs, making it attractive to both out-of-pocket and high-end healthcare markets.
• Authorization potential: The combination of high tolerability, excellent safety profile (no serious adverse reactions), and multiple clinical benefits makes it an ideal target for international pharmaceutical collaboration.
• Market scalability: Expanding the product portfolio from treatment-oriented approaches to the fields of preventive medicine and health management.
Globally, over 500 million men aged 50 and above seek treatment for benign prostatic hyperplasia (BPH). In 2020, the global BPH drug market was valued at $4.1 billion and is projected to reach $9.8 billion by 2026. Although the current treatment market generates annual revenues of approximately $6.5 to $7 billion, this figure reflects price reductions due to patent expiration. If calculated based on prices during the patent period, the market potential exceeds $20 billion annually.
“Due to the complex composition of botanical new drugs, they face significant challenges in quality control compared to small-molecule chemical drugs,” stated Chairman Guo of Jianyong Biotechnology. “We have established a robust technical platform that encompasses the purification of reference standards, development and validation of analytical methods, as well as performance validation analyses. This high entry barrier makes counterfeiting difficult to achieve, reduces competition from generic drugs, and helps extend market exclusivity periods.”
Chairman Guo stated: “Botreso® is Taiwan’s first oral botanical drug to obtain an IND approval from the U.S. FDA for Phase III clinical trials (API-1) and has successfully completed all four Phase III clinical trials.”
Jyong Biotech holds multiple invention patents across Asia, the Americas, and the European Union, and has signed letters of intent and investment agreements with several international pharmaceutical companies. The company plans to further expand its strategic, fee-based licensing partnerships to support its global market expansion.
As of today, Botreso® and PCP remain in the investigational new drug candidate stage and have not yet been approved for commercial use in any jurisdiction. Jyong Biotech will comply with applicable regulatory disclosure obligations and provide timely, accurate, and complete updates on significant progress.
Company Profile: Jyong Biotech Ltd., headquartered in Taiwan, is a science-driven biotechnology company dedicated to the research, development, and commercialization of innovative and differentiated novel drugs (of plant origin), with a primary focus on the treatment of urinary system disorders, initially targeting the markets in the United States, the European Union, and Asia. Since its establishment in 2002, the company has developed comprehensive capabilities encompassing all critical stages of drug development, including early-stage drug discovery and development, pharmacology, toxicology, clinical trials, regulatory affairs, manufacturing, and commercialization. Leveraging robust R&D capabilities and proprietary platforms, the company has developed a portfolio of plant-derived candidate drugs, including its lead plant-based candidate Botreso®, another plant-based candidate drug in clinical development, and several other plant-based candidates in preclinical stages. The company is committed to developing and delivering cutting-edge innovative therapeutics to address customer health needs and strives to become a respected and valuable enterprise.
For more information, please contact:
Jyong Biotech Ltd.
ir@jyongbio.com
Investor Relations Department
WFS Investor Relations Inc.
Mailbox: services@wfsir.com
Phone: +1628 283 9214
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Experience the Future of Urban Mobility Firsthand: Tarran Presents the New L1 Series at Eurobike 2026
United States, 16th Jul 2026, – As the global cycling industry gathers in Frankfurt from June 24 to 27, 2026, TARRAN will exhibit at Booth F12 B26, where the company will debut the new L1 Series alongside its flagship model, the T1 Pro. Visitors can experience both models firsthand at the booth.
Following last year’s market launch of the T1 Pro, Tarran is expanding its portfolio, combining engineering precision with the demands of everyday urban riding.

Featured Models
L1 Series: New for 2026
The new model is engineered for practical everyday use. As TARRAN’s first intelligent longtail cargo bike designed for families, its core innovations include the industry-first SyncStand Auto, an electronic kickstand that parks the bike at the push of a button, and an E-Dropper Post that adjusts saddle height instantly.
Paired with Enviolo AUTOMATIQ Pro automatic shifting, fully integrated into TarranOS, the L1 delivers an intuitive, low-effort riding experience. It features a 100 Nm mid-drive motor, a removable 693 Wh battery built with Samsung cells, and a reinforced longtail frame supporting a maximum gross vehicle weight of 215 kg (474 lb).
For rider and passenger safety, the Vision Unit—combining a rear-view camera and mmWave radar—works together with integrated front and rear turn signals to provide 360-degree protection for the whole family. TARRAN continuously improves the L1 through over-the-air updates, supporting long-term product maintenance and ongoing refinement. A firmware update scheduled for late June will add native control for DJI action cameras and an anti-pinch safety function for the electronic kickstand.
T1 Pro
Successfully launched last year, the flagship model continues to demonstrate the brand’s technological strengths. The T1 Pro is equipped with active safety systems that monitor the bike’s surroundings and assist the rider in critical situations.
The T1 Pro features Tarran’s proprietary Dynamic Dualdrive landing gear, which stabilizes the bike while riding and at a standstill, reducing the risk of tipping. It is designed to carry families with two to three children in comfort, while its compact 2.26-meter (7.4 ft) overall length ensures agile handling.
Putting the Riding Experience First
Tarran believes that genuine innovation is best understood through direct experience. While the exhibit offers a closer look at the underlying technical architecture, consumers and e-bike enthusiasts are welcome to test ride both models directly at the TARRAN booth.
Visitors can see for themselves how the intuitive controls and safety features change the riding experience in urban environments.
Global Growth and Dealer Network
Reflecting TARRAN’s continued growth, and with the L1 Series now in series production, the brand’s products are available in more than 100 retail stores worldwide.
Strengthening its global footprint, TARRAN is now formally entering the North American market, actively building a dealer network across the United States and Canada to bring its intelligent, safety-focused cargo bikes to more families.
Expert Dialogue and Consultations
Tarran offers trade journalists and partners the opportunity for individual, in-depth background briefings. On-site experts will be available in the following areas:
Product Development and Technology: Shiyuan, Product Manager.
Strategy and Marketing: Dennis Wang and Larry Hu.
DACH Region Sales: Sebastian Locher and Jiaming Lee.
Benelux Region Sales: Fabian Hard.
Press Contact and Scheduling: To arrange a briefing or a test ride, please contact tarran@laika.berlin.
About TARRAN
Founded in 2023, TARRAN develops human-centered mobility experiences that combine clean energy with intelligent systems, with the goal of accelerating the transition to a more sustainable future.
The team draws on experience from leading technology companies, including DJI, and believes that technology can help solve real-world challenges while making a positive contribution to the world we live in.
TARRAN currently operates across three locations: Dusseldorf, Hong Kong, and Shenzhen. Its research, development, and testing center is located in Shenzhen, while its manufacturing hubs are situated in Europe and Southeast Asia.
Media Contact
Organization: Tarran GmbH
Contact
Person: Media Relations
Website:
https://tarranbikes.com/
Email:
store@tarranbikes.com
Contact Number: 8618898353598
Country:United States
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Experience the Future of Urban Mobility Firsthand: Tarran Presents the New L1 Series at Eurobike 2026 appeared first on
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