The Biden administration on Tuesday released final guidance on how clean energy companies can secure additional tax credits when investing in U.S. communities economically tied to fossil fuels like oil and coal. The Inflation Reduction Act (IRA) passed last year by Democrats extended a 30% tax credit for wind, solar and other green energy projects, […]
Wind’s Future Is Looking More Turbulent Than Ever – EQ Mag
The world’s demand for clean energy is very strong, but the supply side is a mess that has yet to be untangled. In the wind power industry, it is the best of times, and the worst of times. Across major economies, accelerated energy transition plans are turbocharging the technology. In the US, wind generation will […]
bp pulse and Uber team up on driver charging as EV momentum builds – EQ Mag
Global agreement aims to accelerate Uber’s 2040 commitment to decarbonisation. Access to bp’s high speed charging network to help drivers on Uber’s platform make the switch to EVs. Initial focus on regional agreements in key markets in Europe, the UK, the US. bp and Uber today announced a new global mobility agreement which will see […]
Tesla Considers Partnership with CATL to Build a new Battery Factory in the US – EQ Mag
Tesla is considering partnering with China’s battery giant CATL to bring it into the US supply chain to meet the requirements of the Biden administration’s Inflation Reduction Act. The exact location of the new factory has not yet been determined. Lithium-ion batteries are critical to electric vehicle production. Tesla is hoping to build a new […]
Puerto Rico governor unveils solar energy plans in address – EQ Mag
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 […]
Agro-Photovoltaics to Improve Cooling Effect and Extend Module Lifespan – EQ Mag
Agro-photovoltaics is now a common type of solar installation, which not only retains crops, but also develops green electricity. A recent study from the US pointed out that agro-photovoltaics systems are taller compared to traditional solar panels that could improve the cooling effect of modules, as well as achieve a better performance in power generation, […]
New multi-billion dollar EV charging programme launched in the U.S. – EQ Mag
The new programme will make funding available to strategically deploy EV charging, and other alternative vehicle fuelling infrastructure projects, in publicly accessible locations in urban and rural communities across the U.S. The Biden-Harris Administration has announced that it has opened applications for a new multi-billion-dollar programme to fund electric vehicle (EV) charging and alternative fuelling […]
Push for carbon-free hydrogen accelerates in US – EQ Mag
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 […]
Gov. Justice announces Our Next Energy (ONE) to build battery storage system manufacturing facility in Jackson County; create over 100 new jobs – EQ Mag
CHARLESTON, W.Va. : Gov. Jim Justice announced today that Our Next Energy (ONE), a Michigan-based energy storage technology company, has entered into an agreement with the State of West Virginia to locate its Aries Grid battery storage system manufacturing facility in Ravenswood, at the Berkshire Hathaway Energy Renewables (BHE Renewables) microgrid business site. ONE will […]
US solar installations fell 16 per cent in 2022, but market rebounding: report – EQ Mag
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 […]