WASHINGTON : Senate Majority Leader Chuck Schumer said on Wednesday that the United States would be on track to meet its climate goals in the next decade, with measures introduced in two infrastructure bills along with efforts by states and the federal government. President Joe Biden in April hiked the U.S. target for slashing economy-wide […]
ReNew Power Lists on Nasdaq in US Via SPAC, Mcap Hits $4.5 Billion – EQ Mag Pro
This is the biggest listing of an Indian entity through SPAC, the vehicle through which an Indian company could list in the US. At present, an Indian company cannot directly list on a foreign bourse. Mumbai: ReNew Power, India’s biggest renewable energy company, on Tuesday listed on the Nasdaq in the US through the special […]
US-Based Ohmium Launches Green Hydrogen Electrolyzer Gigafactory – EQ Mag Pro
With zero carbon footprint, the green hydrogen can be utilized for fertilizer production, refinery processing, steel production, conventional vehicle transportation with methanol blending, and direct hydrogen transportation in fuel-cell-based vehicles Renewable energy startup Ohmium International on Tuesday announced the start of India’s first green hydrogen electrolyzer gigafactory that will turn power from renewable sources into […]
US Firms Request Probe Into Chinese Solar Products Made Overseas – EQ Mag Pro
A group of US solar manufacturers is demanding federal investigations into tariff circumvention by Chinese photovoltaic (PV) cells and module makers exporting from Malaysia, Vietnam and Thailand. The group, dubbed the American Solar Manufacturers Against Chinese Circumvention, has filed petitions with the US Department of Commerce, law firm Wiley Rein LLP announced on Monday. They […]
Solar Could Be 40% of U.S. Power By 2035 – Biden Administration
The memo is part of a push by the White House to pump up solar as a jobs engine and pivotal pillar in the climate change agenda of President Joe Biden. Solar could supply more than 40% of the nation’s electricity by 2035 – up from 3% today – if Congress adopts policies like tax […]
Canadian Solar Warns Imports From China Risk Being Detained By U.S.
The seizing of shipments risks delaying solar projects as the industry has also faced rising module prices and freight costs Canadian Solar Inc. warned that all panel imports from China risk being detained by U.S. Customs as the Biden administration cracks down on alleged labor abuses in the Xinjiang region. Four of Canadian Solar’s sample […]
Union Minister For Power And New & Renewable Energy Interacts With Members of the US India Business Council
India is on track to achieve the set renewable energy target of 450 GW by 2030 and electricity distribution reforms and the promotion of open access to the electricity grid will enhance the consumption of renewable energy ; says Shri R.K. Singh Minister reiterates commitment to further US and India’s shared goals on climate change, […]
Government Woos US Investors to Explore Opportunities in Power, Renewable Energy Sector
NEW DELHI: Union minister RK Singh interacted with investors from the US and invited them to explore investment opportunities in the renewable energy and power sector in India. The power and new & renewable energy minister also highlighted India’s achievement in the sector during his virtual meeting with the business community. “The meeting provided an […]
EV Charging Network ChargePoint Acquires ViriCiti For $87.9 Million
Amsterdam-based ViriCiti is ChargePoint’s second acquisition in the European market. U.S. electric vehicle charging company ChargePoint said on Wednesday it has acquired ViriCiti, a provider of electrification solutions for eBus and commercial fleets, for about 75 million euros ($87.9 million) to expand its operations into Europe. Amsterdam-based ViriCiti is ChargePoint’s second acquisition in the European […]
ACORE Statement on Senate Passage of the Bipartisan Infrastructure Deal
Statement From Gregory Wetstone, President and CEO of the American Council on Renewable Energy: “The bipartisan infrastructure deal is a constructive first step in this year’s infrastructure process and contains several provisions to help build the transmission necessary to decarbonize the grid. Accelerating the transition to a renewable energy economy will create good-paying American jobs, […]