Americas

ACORE Assesses Climate Policy Options That Most Effectively Put Renewable Energy to Work

Americas

ACORE Statement on House Energy & Commerce Committee Action to Advance Clean Energy and Transmission Priorities in the Build Back Better Act – EQ Mag Pro

September 15, 2021 Anand Gupta

Statement From Gregory Wetstone, President and CEO of the American Council on Renewable Energy “We commend the Energy and Commerce Committee for advancing its important clean energy and transmission contributions to the Build Back Better Act. Along with a stable, predictable and long-term clean energy tax platform, the Clean Electricity Performance Program can help decarbonize […]

Americas

Chevron triples low-carbon investment, pledges $10 bln through 2028 – EQ Mag Pro

September 15, 2021 Anand Gupta

Shareholders and governments are insisting they plot a path to sharply cut greenhouse gas emissions by 2050. Chevron said half of its spending will go to curb emissions from fossil fuel projects, with $3 billion for carbon capture and offsets, $2 billion for greenhouse gas reductions, $3 billion for renewable fuels and $2 billion for […]

Americas

Bitcoin Uses More Electricity Than Many Countries. How Is That Possible? – EQ Mag Pro

September 14, 2021 Anand Gupta

In 2009, you could mine one Bitcoin using a setup like this in your living room. Today, you’d need a room full of specialized machines, each costing thousands of dollars. Amount of household electricity required to mine one coin: a few seconds’ worth. Bitcoin’s value: basically nothing. Amount of household electricity required: 9 years’ worth. […]

Americas

US likely to join International Solar Alliance – EQ Mag Pro

September 14, 2021 Anand Gupta

In what can be termed as a major achievement for India’s global efforts at mitigation of climate change, the US is likely to join the International Solar Alliance (ISA), conceptualized by Prime Minister Narendra Modi. New Delhi: In what can be termed as a major achievement for India’s global efforts at mitigation of climate change, […]

Americas

EIA: Imports Made Up 89% of PV Module Shipments in the US in 2020; Largest Share of Imports Came from Vietnam – EQ Mag Pro

September 14, 2021 Anand Gupta

According to a report released by the US Energy Information Administration on September 2, shipments of PV modules in the US in 2020 totaled 21.8 peak GW (million peak kW), reflecting an increase of 5.4 peak GW from 2019. This figure represents a new record high and indicates that the PV market in the US […]

Americas

Siemens, Porsche to set up CO2-neutral fuel plant in Chile – EQ Mag Pro

September 14, 2021 Anand Gupta

Siemens Energy and sports car manufacturer Porsche have joined forces with a number of international companies to build an industrial plant for the production of virtually CO2-neutral fuel (eFuel) in Punta Arenas, Chile. The ground-breaking ceremony for this pioneering project took place today in the presence of Chile’s Energy Minister Juan Carlos Jobet. A pilot […]

Americas

US climate envoy John Kerry in India for 3 days; clean energy transition in agenda – EQ Mag Pro

September 13, 2021 Anand Gupta

During Kerry’s visit, India and the US will launch the Climate Action and Finance Mobilization Dialogue (CAFMD). US special presidential envoy for climate, John Kerry, will be in India on Sunday for a three-day visit in a bid to engage with Indian counterparts to address the climate crisis. He will also meet private sector leaders […]

Americas

Blattner to be Acquired by Infrastructure Leader Quanta Services – EQ Mag Pro

September 11, 2021 Anand Gupta

Planned Transformation to Strengthen Company’s Position to Take Advantage of Next-Generation Opportunities and Drive Future Success Blattner Company, the leading renewable energy provider in North America, and parent company of Blattner Energy, Inc. and D.H. Blattner & Sons, Inc., announced that it has identified a strategic partner and entered into a definitive agreement to be […]

Americas

U.S. Democrats unveil details of $150 bln clean electricity plan in budget bill – EQ Mag Pro

September 11, 2021 Anand Gupta

The chamber is evenly split between the two parties, with Democratic Vice President Kamala Harris casting the tie-breaking vote House of Representatives Democrats unveiled details on Thursday of a proposed $150 billion payment program aimed at wringing greenhouse gas emissions out of the electricity sector, a cornerstone of the Biden administration’s plan to address climate […]

Americas

Recurrent Energy sells 80% stake in 350 MW Crimson storage project – EQ Mag Pro

September 9, 2021 Anand Gupta

Canadian Solar subsidiary Recurrent Energy announced that it sold an 80 percent stake in its 350 MW / 1400 MWh Crimson storage project to Axium Infrastructure. Recurrent Energy will retain the remaining 20 percent ownership. Construction of the storage project will begin in Q3 2021 and is expected to reach commercial operation by the summer […]