Americas

Americas

California Regulators Reconsider Move to Cut Solar Subsidies – EQ Mag Pro

February 4, 2022 Anand Gupta

California regulators are delaying a vote on a controversial proposal to slash incentives for home solar systems as they consider revamping the measure. California Public Utilities Commission President Alice Reynolds has asked for more time to consider making changes to the plan after getting feedback from solar companies, environmental groups, consumer advocates, utilities and other […]

Americas

Mexican Green Energy Investment Drying Up, Trade Groups Warn – EQ Mag Pro

January 27, 2022 Anand Gupta

President Andres Manuel Lopez Obrador’s proposal to give control of Mexico’s electricity market to the state utility has scared away would-be green-energy investors at a rapid pace, the country’s wind and solar associations warn. In addition to the $20 billion already invested in the country’s wind and solar sector, a further $10 billion will be […]

Americas

Global energy transition to cause short-term economic pain -report – EQ Mag Pro

January 22, 2022 Anand Gupta

While investments in technologies like solar and wind farms, advanced batteries will generate jobs, the transition will also likely cause a loss of jobs and tax revenues in fossil fuel production. WASHINGTON: The transition to clean energy required to prevent temperatures from …Read More…

AMEA Power bags 25-year PPA for wind and solar projects in Egypt

Americas

Buffett’s Berkshire Pitches $3.9 Billion Iowa Wind and Solar Project – EQ Mag Pro

January 21, 2022 Anand Gupta

Warren Buffett’s Berkshire Hathaway Inc. is proposing to spend $3.9 billion to bring more wind and solar generation to Iowa in a project that could be among the renewable industry’s biggest. The “Wind Prime” renewable-energy project would bring 2,042 megawatts of wind generation and 50 megawatts of solar power, Berkshire’s MidAmerican Energy Co. said Wednesday […]

Americas

ExxonMobil announces ambition for net zero greenhouse gas emissions by 2050 – EQ Mag Pro

January 20, 2022 Anand Gupta

IRVING, Texas : ExxonMobil today announced its ambition to achieve net zero greenhouse gas emissions for operated assets by 2050, backed by a comprehensive approach to develop detailed emission-reduction roadmaps for major facilities and assets. Comprehensive approach centered on detailed Scope 1 and Scope 2 emission-reduction roadmaps for major operated assets Ambition supported by 2030 […]

Americas

ACORE Statement on Biden-⁠Harris Administration Actions to Deploy Clean Energy, Create Jobs and Lower Costs for Consumers – EQ Mag Pro

January 13, 2022 Anand Gupta

Statement From Gregory Wetstone, President and CEO of the American Council on Renewable Energy: “We applaud the Biden-Harris Administration on taking several bold actions today to deliver the clean energy Americans want and deserve, including a historic offshore lease auction, a multi-agency effort to expedite project reviews and a new initiative to facilitate transmission expansion. […]

Americas

U.S. pushes forward on clean energy with plan for record offshore wind sale – EQ Mag Pro

January 13, 2022 Anand Gupta

The Biden administration on Wednesday outlined a range of measures to speed the growth of clean energy on the U.S. power grid, including the government’s largest ever sale of offshore wind leases in waters off the coast of New York and New Jersey. The announcement, which seeks to advance President Joe Biden’s ambitious climate change […]

Americas

Biden Clean Power Push Hits New York With Offshore Wind Sale – EQ Mag Pro

January 12, 2022 Anand Gupta

The Biden administration is preparing to sell offshore wind rights near New Jersey and New York, a down-payment on its bid to decarbonize the U.S. power grid and generate renewable electricity from nearly all U.S. coasts. Under the auction, which could be announced as soon as Wednesday, the U.S. government aims to sell leases to […]

Americas

Brazil introduces new rules for distributed generation, net metering in alternating current, greater than 75 kW (seventy-five kilowatts), less than or equal to 5 MW – EQ Mag Pro

January 11, 2022 Anand Gupta

Brazil introduces new rules for distributed generation, net metering in alternating current, greater than 75 kW (seventy-five kilowatts), less than or equal to 5 MW. For more information please see below link:

Americas

Silicon Ranch Raises $775 Million in Equity Funding Led by Manulife Investment Management – EQ Mag Pro

January 10, 2022 Anand Gupta

Independent power producer has raised $1 billion in the past year to fund its rapid growth across North America NASHVILLE : Silicon Ranch Corporation, one of the largest independent power producers in the U.S., announced today that it has raised $775 million in new equity capital. Manulife Investment Management, on behalf of Manulife Infrastructure Fund […]