US

2024: US Clean Energy Investment Announcements Rose To $1tn

United States (US) recently saw a surge in private sector clean energy investment. The country saw the investment reaching $1 trillion in clean energy, semiconductors, and other advanced manufacturing initiatives. The move is set to see a spur in catalyzing growth of clean energy in the United States (US). The data shows that announced investments […]

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US Allocates $1.3 Bn To Boost Lithium-ion Domestic Manufacturing

To meet the growing domestic demand for electric vehicles (EVs), the United States (US) government has allocated a loan to finance a new facility in Terre Haute, Indiana, for manufacturing of lithium-ion battery separators. The government recently allocated a $1.3 billion direct loan ($1.2 billion in principal and $139.3 million in capitalized interest) to ENTEK […]

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Regime Change Can Shift US Net-Zero Energy: Wood Mackenzie

Republican control in the United States (US) will move energy policy away from net zero targets, but President-elect Trump’s full agenda will face political and market opposition according to a Wood Mackenzie analysis. The US is likely in store for lighter standards on emissions regulations, more protectionist trade policies, and removing the US from the […]

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Mahanagar Gas, IBC Set To Invest Rs. 230 Cr In Bengaluru Gigafactory

Indian natural gas distribution company, Mahanagar Gas Limited (MGL), recently signed a Share Subscription Agreement (SSA) and a Shareholding Agreement (SHA) with International Battery Company, Inc. (IBC US). Through this collaboration, both parties plan to invest in International Battery Company India Private Limited (IBC India), currently a 100% subsidiary of IBC US. Under the agreement, […]

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Disincentivizing Solar, Battery Sectors In US Can Cost Billions: Report

A special report from Net Zero Industrial Policy Lab said that the elevation of Donald Trump as the new President of the United States (US) may affect the solar and battery manufacturing sectors. The report said that disincentivising US solar and battery manufacturing could cost billions and open new supply chain markets for the competitors. […]

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US Lifts Anti-Dumping Order On Al Imports From India

The US International Trade Commission (USITC) recently determined that the US industry is not materially injured or threatened with material injury by imports of aluminum extrusions from India, China, and 14 other countries. The other countries include Colombia, Ecuador, Indonesia, Italy, Malaysia, Mexico, South Korea, Taiwan, Thailand, Turkey, the United Arab Emirates, and Vietnam. The […]

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Global RE Growth Hits New Highs Amid Falling Costs: IEA Report

Globally, renewable energy shows no signs of slowing down. In the first half of 2024, solar PV additions rose by 36%, electric vehicle sales increased by 25%, and wind power capacity additions kept pace with last year’s deployment, said report. International Energy Agency (IEA) recent report on Clean Energy Market Monitoring indicated that clean energy […]

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More Indian Module Makers To Setup Manufacturing Centers In US

The interest of Indian solar modules is now rising to invest in the United States (US) in the solar business. Bolstered by the hand-holding support of the government there to support the domestic production of solar cells and solar modules in the country, the investments in US in the sector is set to rise. This […]

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