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Economic performance of solar energy systems financed with green bonds in New Jersey

Peng et al. | Jan 22, 2025

Economic performance of solar energy systems financed with green bonds in New Jersey
Image credit: Peng and Peng 2025

Global reliance on extractive energy sources has many downsides, among which are inconsistent supply and consequent price volatility that distress companies and consumers. It is unclear if renewable energy offers stable and affordable solutions to extractive energy sources. The cost of solar energy generation has decreased sharply in recent years, prompting a surge of installations with a range of financing options. Even so, most existing options require upfront payment, making installation inaccessible for towns with limited financial resources. The primary objective of our research is to examine the use of green bonds to finance solar energy systems, as they eliminate the need for upfront capital and enable repayment through revenue generated over time. We hypothesized that if we modeled the usage of green bonds to finance the installation of a solar energy system in New Jersey, then the revenue generated over the system’s lifetime would be enough to repay the bond. After modeling the financial performance of a proposed solar energy-producing carport in Madison, New Jersey, financed with green bonds, we found that revenue from solar energy systems successfully covered the annual green bond payments and enabled the installers to obtain over 50% of the income for themselves. Our research demonstrated green bonds as a promising option for New Jersey towns with limited financial resources seeking to install solar energy systems, thereby breaking down a financial barrier.

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Using economic indicators to create an empirical model of inflation

Kasera et al. | Dec 01, 2022

Using economic indicators to create an empirical model of inflation

Here, seeking to understand the correlation of 50 of the most important economic indicators with inflation, the authors used a rolling linear regression to identify indicators with the most significant correlation with the Month over Month Consumer Price Index Seasonally Adjusted (CPI). Ultimately the concluded that the average gasoline price, U.S. import price index, and 5-year market expected inflation had the most significant correlation with the CPI.

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Evaluating the performance of Q-learning-based AI in auctions

Liu et al. | Nov 09, 2025

Evaluating the performance of Q-learning-based AI in auctions
Image credit: Liu and Liu

Advertising platforms like Google Ads use AI to drive the algorithms used to maximize advertisers benefits. This study shows that AI does not adjust it strategy based on auction type and highlights the limitations of AI running without explicit guidance.

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Rhythmic lyrics translation: Customizing a pre-trained language model using stacked fine-tuning

Chong et al. | May 01, 2023

Rhythmic lyrics translation: Customizing a pre-trained language model using stacked fine-tuning
Image credit: Pixabay

Neural machine translation (NMT) is a software that uses neural network techniques to translate text from one language to another. However, one of the most famous NMT models—Google Translate—failed to give an accurate English translation of a famous Korean nursery rhyme, "Airplane" (비행기). The authors fine-tuned a pre-trained model first with a dataset from the lyrics domain, and then with a smaller dataset containing the rhythmical properties, to teach the model to translate rhythmically accurate lyrics. This stacked fine-tuning method resulted in an NMT model that could maintain the rhythmical characteristics of lyrics during translation while single fine-tuned models failed to do so.

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