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US Hits China with Huge Tariff Hikes on Solar Cells, EVs, Batteries
The directive quadruples the tariff rate on electric vehicles from 25% to 100%, and the tariff rate for solar cells doubles to 50%.
Repsol in Talks to Sell a Slice of its Renewable Business, Sources Say
Repsol would keep more than 50% of the unit in a transaction that could involve the investor injecting new money into the business, the sources said.
Worley to Design CCS Facilities for Bayou Bend JV
Bayou Bend is a carbon capture and sequestration joint venture between Chevron, TotalEnergies and Equinor located along the Gulf Coast in Texas.
NANO Nuclear Energy Closes $10.25MM IPO
NANO Nuclear began trading on the Nasdaq Capital Market under the symbol NNE on May 8.
Energy Transition in Motion (Week of May 10, 2024)
Here is a look at some of this week’s renewable energy news, including $1.5 billion in investment commitments for low-carbon energy initiatives.
Geothermal Energy Talk Rises to the Surface at OTC
Experts discuss what it’ll take to advance geothermal energy and bring scale to the emerging power source.
Trump Woos Oil CEOs, Promises to Roll Back Biden Rules on EVs, LNG
Republican president candidate Donald Trump courted the CEOs of Venture Global, Cheniere Energy as well as representatives from Chevron, Continental Resources, Exxon and Occidental Petroleum, the Washington Post reported.
Acadia Energy, Alternus to Develop 200 MW of Microgrids in New York
Acadia Energy and Alternus Clean Energy will equally share project development costs and expect to begin commercial operations within two years.
Energy Vault, ACEN Australia Enter Battery Storage Agreement
Under the agreements, Energy Vault will deploy two battery storage systems at ACEN’s New England Solar project, located near Uralla, Australia.
CGG, Baker Hughes Sign MOU for CCS Projects
The memorandum of understanding between CGG and Baker Hughes will bring the companies’ complimentary skillsets together to explore carbon capture and sequestration solutions.