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inflation reduction act

Top 5 Solar Module Exporting Countries To The US

Much seems to happening in the United States (US) when it comes to the addition and expansion of solar projects in the region. As per the latest forecast from the International Energy Agency (IEA), the US is likely to add 340 GW of renewable energy capacities over 2023-2028.  The forecast from the IEA claims that […]

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China Leads The Way In Cleantech Industry, Overtakes US: RMI Study

A recent report by RMI described the goals of countries regarding cleantech in its study “race to the top” dealing with the transition from fossil energy to clean energy. It compares the progress made by the three regions that dominate the deployment of renewable energy technologies — China, Europe, and the United States.  The RMI […]

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China Versus The US, Europe and Japan? Trade Battles Reach WTO

Days after China formally raised the issue of US subsidies under the Inflation Reduction Act (IRA), the US and Japan, with every possibility of Europe joining in, have been reported to be in formal talks to form a loose alliance to counter the Chinese threat on trade. While the United States and Japan have joined […]

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US Deploys Seventh GW Scale Sunrise Wind Offshore Commercial Project

The Biden-Harris administration has announced the approval of the Sunrise Wind offshore wind project which is the nation’s seventh commercial-scale offshore wind project. The Sunrise Wind offshore project is led by the Department of the Interior under President Biden’s leadership. These seven projects have the potential to provide more than 8 gigawatts of clean, renewable […]

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US Announces $6 Billion To Clean Heavy Industry Sector

The US Department of Energy (DOE) has announced up to $6 billion for 33 projects across more than 20 states to decarbonize energy-intensive industries, reduce industrial greenhouse gas emissions, support good-paying union jobs, revitalize industrial communities, and strengthen the nation’s manufacturing competitiveness. Funded by the President’s Bipartisan Infrastructure Law and Inflation Reduction Act, the projects […]

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US Solar Witnesses Over 50% New Capacity Addition To The Grid: Report

A recent report by US-based think tank Wood Mackenzie and Solar Energy Industries Association (SEIA) estimated a 37% increase in new electric generating capacity in 2023 in the United States. This indicated an increase from the previous record set in 2021 and a 51% increase from 2022. According to the US Solar Market Insight 2023 […]

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Nilesh Malani Joins Waaree Group As Chief Marketing Officer

Indian renewable energy company Waaree Group has appointed Nilesh Malani as its new Chief Marketing Officer (CMO). Before joining the Waaree Group, Malani was the Chief Marketing Officer (CMO) at Polycab.  Malani also discussed his recent inclusion with the Indian green energy firm and expressed enthusiasm about his new journey. “I am happy and excited […]

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US At Risk Of Falling Behind RE Target Post-IRA: Report

A collaborative report on clean energy released by the Rhodium Group, in partnership with the Massachusetts Institute of Technology (MIT), states that despite reaching record levels of investment in utility-scale clean electricity generation and storage capacity in 2023, the US has a risk of falling behind post-IRA (Inflation Reduction Act) projections. While renewable electricity has […]

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Schneider Electric, ENGIE Enter Tax Credit Transfer Agreement Under IRA

Schneider Electric, a digital energy and automation manager company recently announced its investment in a portfolio of Texas-based clean energy projects. Through this, it utilized a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout […]

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