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Amazon’s Portfolio Can Power 7.2 million US Homes Each Year: Report

Amazon, a corporate company in the United States (US) invested in more than 100 new solar and wind energy projects in 2023, becoming the one of the corporate purchasers of renewable energy for the fourth year in a row. Amazon claims these investments include the company’s first brownfield project—which will repurpose a previously polluted Maryland […]

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Inflation Reduction Act to create 67,000 jobs & $2 billion income in rural US: Report

Inflation Reduction Act was signed into law in the United States in August 2022. The act aims to set newer policy measures to reduce carbon emission, improve healthcare and taxpayer compliance. It also allocates money directly to environmental justice priorities. According to McKinsey, the Inflation Reduction Act is the third piece of legislation in the […]

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Biden Admin Awards $623 Million To Shore Up EV Charging Network In US

Amid the push for electric vehicles, the Joe Biden administration in the United States (US) has awarded $623 million in grants to states, and local governments to help them build and expand Electric Vehicle (EV) charging networks in the country. The grants aim to clear the way for funding of 47 EV charging stations and […]

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Bloomberg, Ørsted Announce 15-Year PPA For Renewable Energy

United States (US)-based clean energy developer Ørsted announced signing an 80MW power purchase agreement (PPA) with Bloomberg for renewable energy generated by the Mockingbird Solar Center, a 471 MW project currently under construction near Paris, Texas.  This is Ørsted’s largest solar project in the US, as well as the company’s first project to incorporate conservation […]

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International Battery Company Raises $35mn In Pre-Series A Round

International Battery Company (IBC), a product and technology company that specializes in the creation of eco-friendly, large-sized rechargeable Prismatic Lithium-ion NMC batteries announced raising USD 35 Million. This includes a Pre-Series A round led by RTP Global, and contributions from a broader investment base which includes Beenext, Veda VC, and other strategic Korean and US Investors. […]

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Could a Donald Trump Presidency Trip Up The IRA?

The IRA, or the Inflation Reduction Act in the United States (US), ever since it came into force in August 2022, has been unfolding the kind of impact that has never been seen yet in the clean energy industry. Even as most provisions in the IRA became effective by Jan 2023, the biggest part of […]

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Our Atomic Energy Batteries Can Last For 50 Years Without Charge: Betavolt

A Chinese company, ‘Betavolt New Energy Technology’ recently developed a miniature atomic energy battery. This product combined nickel 63 nuclear isotope decay technology and China’s first diamond semiconductor (4th generation semiconductor) module. It was combined to realize the miniaturization of atomic energy batteries, modularization and low cost, starting the process of civilian use. This marked […]

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LG Electronics Opens First US Factory To Produce Advanced EV Chargers

South Korean multinational conglomerate LG Electronics announced opening of its first factory in the United States (US) for assembling electric vehicle (EV) charging stations. The new Electric Vehicle (EV) charger production factory is located in Fort Worth, Texas, and it expected to create new jobs and support the growth of America’s EV charging infrastructure. Fort […]

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E-Fuel Blending In EVs Can Reduce Fossil Fuel Dependence By 2028: IEA Estimates

A recent report by International Energy Agency (IEA) found that a combination of electric vehicles (EVs) and biofuels is anticipated to significantly reduce global oil demand. It’s estimated to offset 4 million barrels of oil-equivalent per day by 2028, constituting over 7% of the predicted oil demand for transportation. The IEA report on E-fuel mentioned, […]

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