Americas

Americas

EV startup Lucid to cut about 18 per cent of its workforce – EQ Mag

March 30, 2023 Anand Gupta

NEWARK-HEADQUARTERED LUCID GROUP Inc, an electric vehicle (EV) producing company, announced its plans to cut down 18 per cent of its entire workforce as a part of its restructuring process. The decision would impact nearly 1,300 employees. According to a Reuters report, the Air luxury sedan-producing company is planning to communicate with its employees in […]

Americas

Puerto Rico governor unveils solar energy plans in address – EQ Mag

March 29, 2023 Anand Gupta

Puerto Rico announced in 2015 that it was unable to pay its more than 70 billion public debt load and then filed for the largest municipal bankruptcy in history in 2017.Pierluisi touted his administrations achievements during the address, which comes as he prepares to run for a second term next year in what many consider […]

Americas

ACORE’s March Events Focus on How to Maximize and Build on the Clean Energy Impacts of the IRA – EQ Mag

March 23, 2023 Anand Gupta

The American Council on Renewable Energy (ACORE) kicked off its 2023 events season with a fantastic spate of activities on the cusp of spring, beginning with the Accelerate Forum and Awards Gala on March 8, and culminating with the ACORE Policy Forum on March 9. ACORE Accelerate Forum The Accelerate Forum, hosted at Amazon Web […]

Hertz-Tesla deal signals broad shift to EVs for rental-car companies

Americas

Elon Musk’s Tesla to launch ‘solar power charging’ feature in app – EQ Mag

March 21, 2023 Anand Gupta

“Plug in your vehicle at home during the day to charge using the excess clean energy generated by your solar system,” the code states. SAN FRANCISCO : Elon Musk-run Tesla is planning to launch a new solar power charging feature in its app, which will help homeowners with rooftop solar to charge their vehicles with […]

US president Joe Biden sets an ambitious plan for Solar Energy

Americas

President Biden Vetoes Anti-ESG Bill – EQ Mag

March 21, 2023 Anand Gupta

WASHINGTON, D.C. : President Biden vetoed a bill today that would deny retirement plan fiduciaries the discretion to consider climate change and other environmental, social, and governance (ESG) factors when making investment decisions and exercising shareholder rights. The bill would have blocked the Department of Labor from enforcing a rule ensuring that investment advisors retain […]

Americas

Xinhua Silk Road: SEG Solar completes acquisition of 2GW PV module manufacturing facility in Houston, Texas – EQ Mag

March 21, 2023 Anand Gupta

HOUSTON : SEG Solar (SEG) announced that it has closed on the acquisition of a manufacturing facility in Houston, Texas, USA, capable of producing more than 2GW of photovoltaic (PV) modules annually. The plant consists of approximately 145,000 square feet of manufacturing and warehouse space and 16,000 square feet of office space. The facility will […]

Americas

Officials say 21 workers killed at coal mine in Colombia – EQ Mag

March 18, 2023 Anand Gupta

BOGOTA, Colombia : Rescue operations at a coal mine in central Colombia that collapsed earlier this week ended Thursday and officials said the accident had left 21 workers dead. The mine near the town of Sutatausa collapsed late Tuesday following an explosion that blocked several of its entrances. Rescue teams worked nonstop for more than […]

Americas

Green tech boom looms but poor nations risk being eclipsed: UN – EQ Mag

March 18, 2023 Anand Gupta

The green technology industry could be worth several trillion dollars by 2030 but developing countries will miss out on the boom unless they jump in now, the UN said Thursday. From a roughly equal position three years ago, green technology exports from the most advanced countries are already racing ahead of developing nations, warned the […]

Americas

Push for carbon-free hydrogen accelerates in US – EQ Mag

March 17, 2023 Anand Gupta

A source of renewable and storable energy, hydrogen is experiencing a breakthrough in the United States after years of sluggish growth as Biden administration climate policies spark major investments. “America came from nowhere and now they’re in the lead,” Mark Hutchinson, CEO of Fortescue Future Industries, said of America’s ascent in renewable energy in general […]

Inox Green to acquire majority stake in wind service provider

Americas

Texas drove out Chinese firm, not the wind farm it planned – EQ Mag

March 16, 2023 Anand Gupta

DEL RIO, Texas : Long before a Chinese spy balloon captivated and spooked the U.S. public, Kyle Bass foresaw what he deemed another foreign danger slated for skies above the Texas-Mexico border: wind turbines. Dozens of them, roughly 700 feet (213 meters) tall — as big as San Antonio’s tallest skyscraper — were set to […]