Prologis, a leader in industrial real estate, is making significant strides in renewable energy with its expansive rooftop solar program in Illinois. This initiative marks a crucial step towards sustainable energy generation, transforming vast warehouse spaces into productive clean energy hubs. The strategic collaboration with local energy providers and solar developers underscores a collective commitment to fostering a greener future and bolstering the region's energy independence.
This pioneering endeavor will establish a substantial network of solar installations, dramatically increasing the availability of clean power. The projected energy output will not only meet the needs of numerous homes and businesses but also contribute to the broader adoption of renewable sources. Through innovative deployment and community-focused energy distribution, Prologis is setting a new standard for corporate environmental responsibility and renewable energy development.
Prologis, a leading industrial real estate developer, has commenced a groundbreaking rooftop solar project in Franklin Park, Illinois, marking the first of 45 planned installations over the next two years. This ambitious undertaking is a collaborative effort with ComEd, an Illinois utility, and SunVest Solar, an independent power producer. The initial installation on a 195,000 sq. ft. logistics center will generate 1.56 MW of clean energy, primarily benefiting residential customers through community solar credits, with a smaller portion allocated to local businesses. This expansive project highlights Illinois's rapid growth in the solar market and Prologis's commitment to leveraging its operational scale for significant community impact.
This comprehensive initiative by Prologis aims to integrate a substantial amount of renewable energy into the grid, leveraging vast industrial rooftops for solar power generation. The strategic rollout of 45 solar projects underscores a robust commitment to clean energy, with an impressive target of 82 MW. By focusing on community solar, Prologis is ensuring that the benefits of this green energy extend directly to local residents and businesses, contributing to reduced energy costs and a cleaner environment. This move is poised to solidify Illinois's position as a burgeoning solar energy hub, reflecting the positive influence of pro-solar incentives and collaborative efforts between private enterprises and public utilities.
Prologis's commitment to sustainable energy extends beyond rooftop solar, encompassing a diverse portfolio of distributed energy resources (DERs), including battery energy storage and OnDemand Power, a scalable microgrid solution. These integrated technologies are designed to provide resilient, reliable, and dispatchable energy across Prologis's global operations, emphasizing their dedication to comprehensive energy management. Gil Quiniones, President and CEO of ComEd, lauded Prologis's efforts, highlighting how these projects offer northern Illinois customers more options for reducing energy costs through grid-connected renewable energy. The ongoing expansion, with numerous additional projects in the pipeline, signifies the profound impact of pro-solar policies in fostering a cleaner and more equitable energy future for the state.
With nearly 800 MW of rooftop solar and energy storage already deployed, Prologis is rapidly approaching its goal of achieving 1 gigawatt by the end of 2025, with an additional 82 MW stemming from Northern Illinois alone. This remarkable progress showcases the company's leading role in the renewable energy transition. The deployment of advanced energy solutions like microgrids further reinforces their vision of a robust and sustainable energy infrastructure. This strategic expansion not only contributes to significant carbon emission reductions but also demonstrates how large-scale industrial operations can serve as pivotal drivers for regional energy independence and environmental stewardship, aligning corporate success with ecological responsibility.
The automotive industry is witnessing a transformative shift in steering mechanisms, moving beyond conventional mechanical linkages. Steer-by-wire systems represent a pivotal advancement, replacing physical connections between the steering wheel and the vehicle's wheels with electronic controls. This technological evolution promises numerous benefits, including heightened adaptability, reduced mechanical intricacies, and the potential for variable steering ratios that adjust with vehicle speed, offering a more dynamic driving experience.
While the concept of steer-by-wire has existed for some time, its widespread adoption has been gradual due to regulatory landscapes and the industry's historical reliance on established mechanical solutions. However, the introduction of the Tesla Cybertruck, featuring an exclusive steer-by-wire system, marked a turning point. This development has inspired other automakers, including Lexus and now Rivian, to explore and implement similar advanced steering technologies, signalling a growing trend towards electronic steering solutions across the automotive sector.
Rivian's commitment to cutting-edge steering technology is evident through its recent job solicitations, particularly for a 'Sr. Staff Technical Program Manager, Steering Actuator System'. The specific mention of 'SBW subsystem' in the job description confirms Rivian's deep involvement in developing steer-by-wire capabilities. Furthermore, an updated job listing explicitly references rear-wheel steering development, suggesting Rivian's ambition to integrate comprehensive steering enhancements across its vehicle lineup.
The implementation of steer-by-wire, especially for rear wheels, offers substantial advantages, particularly for larger electric vehicles like those in Rivian's R1 platform. Systems similar to those found in the Hummer EV and Rolls-Royce Spectre demonstrate how rear-wheel steering can dramatically improve the agility and turning radius of expansive vehicles, making them more manageable in diverse driving conditions, from urban parking lots to challenging terrains. This feature can transform the handling dynamics of heavy EVs, making them feel significantly more nimble.
The exact scope of Rivian's steer-by-wire implementation—whether it will encompass the entire vehicle or be limited to rear-wheel steering—remains to be seen. Its potential integration into upcoming models like the R2 and R3, or even through strategic collaborations such as the recent investment from VW for technology sharing, could have far-reaching implications. This pioneering work could not only define the future of Rivian's vehicle performance but also influence the development of steering systems across the broader electric vehicle industry, including potential applications in VW group and Scout vehicles.
In a dynamic automotive landscape, manufacturers are intensely focused on accelerating the adoption of electric vehicles, particularly as federal incentives approach their expiration. BMW stands out in this endeavor, launching an aggressive campaign of discounts and special offers for its recently unveiled 2026 EV models. This initiative encompasses attractive cash-back deals, enhanced loyalty programs for existing BMW owners, and favorable financing rates, all designed to make the transition to electric driving more appealing and accessible.
BMW has a well-established tradition of rewarding its loyal customer base with compelling incentives, particularly during the summer months to facilitate the transition between model years. However, recent reports highlight an unusual breadth and generosity in current loyalty programs, signaling BMW's intent to capture a significant surge in EV sales. Notably, an additional $1,000 loyalty contribution is available for specific 2026 EV models. For instance, the i5 and i7 models boast loyalty bonuses of $1,000 and $4,000 respectively, meaning that devoted BMW owners could realize savings of up to $5,000 on a 2026 i7. These loyalty benefits apply to both purchase and lease agreements, offering maximum flexibility. Furthermore, a $1,000 conquest bonus is extended to drivers of eligible electric or plug-in hybrid vehicles from other brands, and this incentive can be combined with other ongoing promotions.
Consistent with prevailing trends in the EV market, the most substantial financial incentives for new BMW electric vehicles are found through leasing options. Until September 30th, 2026, models such as the BMW i5, i7, and iX are available with an impressive $9,900 lease credit. Even the more robust BMW XM plug-in hybrid benefits from a significant lease incentive of $7,500. These leasing benefits underscore BMW's strategy to make its cutting-edge electric models more attainable and encourage rapid market penetration.
For those who prefer to own their vehicles outright, securing an outstanding deal on the sophisticated 2026 BMW i7 luxury sedan remains a distinct possibility. Beyond the aforementioned loyalty bonus for existing customers, a $7,500 loan credit is universally available when financing through BMW Bank. The bank also presents highly competitive Annual Percentage Rates (APR), with rates as low as 3.99% for up to 60 months on the 2026 i5, i7 sedans, and the iX crossover. The high-performance XM plug-in hybrid also benefits from attractive financing at 4.99% APR over 60 months, reinforcing BMW’s commitment to making ownership accessible.
The BMW iX has garnered significant acclaim, notably securing the top position in J.D. Power's Electric Vehicle Satisfaction Survey last year, succeeding its sibling, the BMW i4. This recognition highlights the iX's superior design, performance, and ownership experience. Potential buyers are encouraged to explore these award-winning vehicles firsthand at their nearest BMW dealership, experiencing the innovation and luxury that define the brand’s electric future.