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Magenta Mobility Appoints Anamika Jain as Finance Head

Magenta Mobility, an Electric Mobility solutions provider, has expanded its leadership team with the appointment of Anamika Jain as its new Finance Head, as the company gears up for the next phase of its growth. Magenta employs around 145 employees with 10 people in the leadership role, Magenta Mobility said, adding that it plans to […]

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Volkswagen Says E-Van ID.BUZZ Has 10,000 Orders in Advance

German automaker Volkswagen has said that it has received orders of more than 10,000 units for its newly launched ID. Buzz electric van. Volkswagen plans to manufacture a mere 15000 units of the electric van this year. This implies that most of its stock is already sold out before even the deliveries begin in Europe. […]

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US Based BlackRock to Invest $1 Billion In Big Battery Projects In Australia

In what could prove to be a shot in the arm for the Australian energy storage industry, American investment conglomerate BlackRock has said that it looks to invest $1 billion in big energy battery projects in Australia. The company has agreed to acquire Australian company Akaysha Energy, which has nine projects attached to Australia’s main […]

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Inflation Reduction Act (IRA) 2022: A Bill To Make US ‘The Clean Energy Leader’

On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. What makes the Bill more interesting is its special focus on climate friendly provisions. Climate action has been a priority ever since President Joe Biden came […]

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BASF To Supply Clean Energy To Over 20 Sites Across USA

Leading US chemical player BASF has revealed that it has entered into a virtual power purchase agreements (VPPAs) for wind and solar power totaling 250 megawatts (MW) for the supply of clean energy to its sits in USA. They are designed to offset the carbon-intensive grid-supplied electricity being used at more than 20 of BASF’s […]

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US Community Solar Sector Market Forecast To Grow By 2027: Wood Mackenzie

Wood Mackenzie has revealed in its new research that the American community solar market will continue to grow over the next five years, with at least 7 GWdc of community solar expected to come online between 2022-2027. The research by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA), has said that […]

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First Solar To Supply 2.4 GW Solar Modules To Intersect Power

US-headquartered First Solar, has announced entering into an agreement to supply 2.4 GW of thin film solar PV modules to Intersect Power. The modules are scheduled to be delivered from 2024 to 2026. According to Intersect Power, the modules will be deployed in its solar, storage, and green hydrogen projects coming online across the USA […]

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USA To Give $56 Million For Solar Manufacturing & Recycling

The U.S. Department of Energy (DoE) will be funding new initiatives with $56 million which includes $10 million from President Biden’s Bipartisan Infrastructure Law, to spur innovation in solar manufacturing and recycling in the country. The government said that the funding will help make clean energy more affordable and reliable. Also, developing more solar power […]

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Policy Muddle, Economy Trip Up US Clean Energy Growth In Q2, Says Industry Association

According to a report from the American Clean Power Association (ACPA),  a US body of mostly energy developers, the rate of clean energy deployment slowed substantially in the second quarter. The association’s report blames policy headwinds, economic factors and trade issues for impacting project development and increasing the backlog of new project delays. The report […]

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