Americas

Renewable energy boosts China’s green development in past decade

Americas

Analysis: Can Colombia’s green energy plan succeed without fossil fuel cash? – EQ Mag

March 15, 2023 Anand Gupta

Lack of consensus so far under President Gustavo Petro Agriculture, tourism unlikely to replace fossil fuel cash Colombia’s bold plan to phase out the country’s reliance on oil and coal revenue as part of its clean energy transition will likely take decades due to a lack of consensus and uncertainty over how to replace that […]

Only Volkswagen, Volvo doing enough to electrify in Europe Study

Americas

Volkswagen to build electric vehicle battery plant in Canada – EQ Mag

March 15, 2023 Anand Gupta

Volkswagen announced Monday it plans to build a major plant for electric vehicle batteries in Canada. The European automaker said the Volkswagen Group and its battery company PowerCo will establish its first overseas ”gigafactory? for battery cell manufacturing in St. Thomas, in southwestern Ontario. The start of production is planned for 2027. The company signed […]

Americas

The Collapse of Silicon Valley Bank and the New Era for Sustainable Innovation – EQ Mag

March 14, 2023 Anand Gupta

The financial and innovation news late last week and over the weekend was dominated by the spectacular collapse of Silicon Valley Bank (SVB), prompting widespread concern about the U.S. innovation ecosystem and broader financial markets. What happened? SVB, which largely served venture capital (VC) firms and venture-backed startups in the U.S., failed and was taken […]

Brazil – TotalEnergies Partners With Casa dos Ventos to Jointly Develop a 12 GW Renewable Energy Portfolio

Americas

Latin America poised to become renewable energy giant – EQ Mag

March 13, 2023 Anand Gupta

Report found that with upcoming large-scale clean-electricity projects in the next seven years Latin America is poised to become a major renewable energy producer. Latin America is poised to become a major renewable energy producer, with nearly a billion solar panels’ worth of large-scale clean-electricity projects slated to come online in the next seven years, […]

Replacement of fossil fuel with renewable energy needs perpetual investment US expert

Americas

Don’t let China control clean energy supply chain, US officials warn – EQ Mag

March 11, 2023 Anand Gupta

HOUSTON : Officials from President Joe Biden’s administration warned leaders of the U.S. clean energy transition this week to decarbonize quickly and keep the supply chain out of China’s control. Washington’s message at the CERAWeek energy conference in Houston reflects growing concern that the rapid investment it is encouraging to fight climate change could backfire […]

Americas

US Clean Energy ‘Carrots’ Could Put Europe Behind in Decarbonization Race, Execs Say – EQ Mag

March 11, 2023 Anand Gupta

HOUSTON : Billions of dollars in clean energy incentives are poised to speed investment on American soil while putting the European Union’s energy transition at risk by luring away money and talent, executives at the CERAWeek energy conference said this week. U.S. President Joe Biden’s landmark Inflation Reduction Act climate package was signed into law […]

Coal remains largest source of carbon dioxide emissions, IEA says

Americas

US federal agency funds methane capture project India – EQ Mag

March 11, 2023 Anand Gupta

Washington : A federal US agency has approved grant funding for a feasibility study to develop a coal mine methane (CMM) recovery facility in the Jharia coalfield in Jharkhand, said to be the first of its kind in India. The US Trade and Development Agency (USTDA) said on Thursday that to support efforts by the […]

How oil and gas companies can be successful in renewable power

Americas

The ironic side effects of the rapid global energy transition – EQ Mag

March 10, 2023 Anand Gupta

LITTLETON, Colorado : There’s a consensus among some climate advocates that catastrophic global environmental damage can only be avoided by a rapid and comprehensive retooling of the world’s energy system and tough caps on emissions for industry. That view is shared by growing numbers of civilians, businesses and governments as worsening droughts, floods, wildfires and […]

Americas

US solar installations fell 16 per cent in 2022, but market rebounding: report – EQ Mag

March 10, 2023 Anand Gupta

New solar installations in the U.S. dropped 16 per cent to 20.2 gigawatts (GW) in 2022 from the prior year, largely because a ban on some Chinese goods limited the availability of panels, according to a market report released on Thursday. The quarterly report by the Solar Energy Industries Association and research firm Wood Mackenzie […]

Americas

Gartner Says 2023 Is the Moment of Truth for Battery-Electric Vehicles – EQ Mag

March 10, 2023 Anand Gupta

The Auto Industry Will See More Turmoil in 2023. By 2025, Tech Giants Will Own a Part of the Vehicle’s Operating System for 95% of New Cars on the Road. By 2026, More Than 50% of EVs Sold Globally Will Be Chinese-Branded Automobiles. Several factors will make 2023 a true test to the resolve of […]