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Hydrogen Production
Rethinking Federal Investments: We Need Virtual Power Plants, Not Hydrogen Hubs
(Solar rooftop homes in Austin, Texas. Image: 123rf)The Department of Energy is providing taxpayer money to electric utilities like Xcel Energy to set up Hydrog…
Solar Power Plant
Brazil to Resume Import Taxes on Solar Panels, Wind Turbines
An employee works among solar panels of Bemol Solar plant outside Manaus, Amazonas state, Brazil August 23, 2021. Picture taken August 23, 2021. REUTERS/Bruno K…
Electric Vehicles
Japan Plans Tax Breaks for 10 Years to Boost EV, Chip Production - Nikkei
The Japanese government is planning to offer tax incentives for a decade to boost mass production in five areas including electric vehicle (EV) production and s…
Biofuel
Canada to Make Waste Biomass Eligible for 2 Clean Energy Tax Credits
The Government of Canada on Nov. 21 announced plans to allow systems that utilize waste biomass to produce heat and/or electricity to claim the country’s …
Electric Vehicles
Pony.ai Nabs Another License to Test L4 Autonomous Trucks on China's Open Roads
After years of expanding autonomous robotaxi rides throughout China, self-driving specialist Pony.ai continues to scale its technology in another segment &ndash…
Microgrid
Feds Seeking More Clarity Around Eligibility of Microgrid Controllers for Tax Credits
The U.S. Department of the Treasury and Internal Revenue Service (IRS) are clarifying and seeking input for what qualifies a microgrid project for access to mor…
Offshore Wind Power
UK's Octopus Energy Launches $3.7 Bln Offshore Wind Fund With Tokyo Gas
Britain's Prime Minister Boris Johnson poses for photographs with a branded electric taxi as he visits the headquarters of Octopus Energy, in London, Britai…
Electric Vehicles
Pony Unveils First BEV Robotaxi Concept in Collaboration With Toyota
In August, Pony.ai and Toyota announced they would form a joint venture to advance the future mass production and large scale deployment of fully driverless rob…
Oil & Gas Trade
Russia to Lose $4 Bln Tax Take as It Reverses Cut In Refining Subsidy
Russia's hasty restoration of a "damper" subsidy for oil refiners will not only cost the state budget 400 billion roubles ($4.3 billion) in subsidies this y…
Oil Price
India Hikes Windfall Tax on Petroleum Crude to 9,800 Rupees/Ton
The Indian government has increased the windfall tax on petroleum crude to 9,800 Indian rupees ($117.70) per ton from 9,050 rupees per ton starting Wednesday, a…
Geothermal Power Plant
Geothermal Power Boosts Kengen Profit to 48% Yoy Growth
KenGen's newest 83MW geothermal power plant, Olkaria I Unit 6 (source: KenGen)State-owned electricity company KenGen has reported a 48% growth in profit aft…
Carbon Emissions
Canada to Pause Carbon Tax on Home Heating Oil for Three Years
Canadian Prime Minister Justin Trudeau on Thursday announced a three-year carbon tax exemption for home heating oil and higher carbon tax rebates for people in …
Offshore Wind Power
Avangrid, CIP Secure USD 1.2 Billion in Capital for Vineyard Wind 1
Denmark-based Copenhagen Infrastructure Partners (CIP) and Avangrid have secured a USD 1.2 billion first-of-its-kind tax equity package for the 800 MW Vineyard …
Hydrogen Fuel Vehicle
Hydrogen Taxis in Japan Struggle to Find Their Fuel
Japan, a pioneer in formulating a national hydrogen strategy in 2017, is now grappling with the harsh realities of hydrogen adoption, particularly in the taxi i…
Electric Vehicles
GSM Enters Into Lao Electric Vehicle Ride-Hailing Service Market
Vietnam’s Green and Smart Mobility JSC. (GSM) has imported 150 VinFast electric cars into the Lao market in preparation to launch its electric taxi servic…
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