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US, Japan Strike Trade Deal on Critical Minerals for EV Batteries

Close on the heels of a similar agreement with the European Union, the United States and Japan have agreed on a trade deal for critical minerals used in clean energy...

March 29, 2023

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Arjun Joshi

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Other

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Renewable Energy
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EnerVenue to Build Battery Gigafactory in Kentucky

EnerVenue, a California-based company specializing in metal-hydrogen batteries, plans to open a one-million-square-foot battery gigafactory in Shelby County, Kentucky....

March 29, 2023

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Arjun Joshi

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Energy Storage

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Finance and M&A
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LG Energy Solution to Invest $5.5 Billion in New Battery Plants in the US

Battery manufacturer LG Energy Solution plans to invest roughly KRW 7.2 trillion (~$5.5 billion) to build a battery manufacturing complex in Arizona, United States. The...

March 27, 2023

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Arjun Joshi

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Energy Storage

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Finance and M&A
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US Opens Applications for $2.5 Billion Program to Build EV Infrastructure

The Biden-Harris Administration opened applications for a new multi-billion-dollar program to fund electric vehicle (EV) charging and alternative-fuelling infrastructure...

March 15, 2023

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Gautamee Hazarika

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Electric Vehicles

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Finance and M&A
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Daily News Wrap-Up: India’s Solar Module Exports Surge

India’s solar module exports witnessed an unprecedented surge in 2022, recording a 321% hike year-over-year, totaling $561.6 million. It was primarily driven by demand...

March 15, 2023

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Mercom India

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Daily Wrap-up
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US, EU Reach Agreement on Sourcing Critical Minerals Used in EV Batteries

Signaling a thaw in U.S.-EU relations on clean energy, the two sides have agreed on immediately beginning negotiations on an agreement on critical minerals used in the...

March 14, 2023

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B.S. Nagaraj

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Energy Storage

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Other
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US Added 32 GW of Renewable Power Capacity in 2022: Report

The United States commissioned approximately 43 GW of new power generation and energy storage capacity in 2022, according to a report published by BloombergNEF....

March 13, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Solar Module Maker Silfab Raises $125 Million from ARC Financial

Canada-based solar module manufacturer Silfab Solar has completed the second investment round of $125 million led by ARC Financial Corp, an energy-focused private equity...

March 9, 2023

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Arjun Joshi

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Finance and M&A

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Solar
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Wind, Solar & Batteries to Account for 82% of Power Capacity Additions in US in 2023

Around 82% of the new utility-scale generating capacity planned to come online in the United States in 2023 will comprise wind, solar, and battery storage, according to...

March 7, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Diversifying Energy Sources, Storage Adoption Key for Renewables in 2023: Report

Increasing renewable energy generation, cutting down the cost of electricity, promoting fuel diversification, and investing in energy storage will be the key focus areas...

March 6, 2023

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Arjun Joshi

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Other

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Renewable Energy
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US to Impose 200% Tariff on Aluminum Imports from Russia

The United States has announced that starting March 10, 2023, it will impose a 200% tax on aluminum imported from Russia and its derivatives. In an announcement,...

February 28, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: Module Price Drop an Outlier or a Trend?

Prices of solar modules imported from China are trending downward, worrying domestic manufacturers because they can’t compete if prices keep declining. Imported module...

February 27, 2023

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Mercom India

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Daily Wrap-up
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Sunnova’s Q4 Net Loss Doubles to $61.9 Million on Higher Operating Expenses

U.S.-based residential solar company Sunnova posted a net loss of $61.9 million for the fourth quarter (Q4) of 2022 compared to $31.2 million year-over-year. The higher...

February 23, 2023

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Gautamee Hazarika

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Finance and M&A

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Rooftop

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Solar
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Electric Vehicle Chargers Spending to Hit $200 Billion by 2026: BNEF

Total investment in electric vehicle chargers is set to cross $100 billion in 2023, and the next $100 billion of spending is expected to be achieved within the next...

February 1, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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US-based Corporations Procured 20 GW of Clean Energy in 2022

Even as power purchase agreement (PPA) prices increased, corporations in the United States procured nearly 20 GW of clean energy in 2022. Cumulatively, 326 companies...

January 31, 2023

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Arjun Joshi

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Other

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Renewable Energy

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