Nasdaq WASHINGTON – President Joe Biden waived tariffs on solar panels from four Southeast Asian nations for two years and invoked the Defense Production Act to spur solar panel manufacturing at home, the White House said on Monday, confirming a Reuters report. The tariff exemption applies to panels from Cambodia, Malaysia, Thailand and Vietnam and will serve as a “bridge” while
CNBC The Biden administration said Friday that it will extend Section 201 tariffs on imported solar cells and panels for another four years, but with several changes to existing provisions. The tariff rate quota for solar cells will rise from 2.5 gigawatts to 5 gigawatts, and the administration will also uphold the decision to exclude bifacial panels from tariffs. Bifacial panels, which
Nasdaq Jan 6 – Silicon Ranch Corp, the U.S. solar project developer backed by Royal Dutch Shell RDSa.L, on Thursday said it raised $775 million in equity capital from new and existing investors. The announcement comes as renewable energy, and in particular solar, is experiencing a dramatic expansion in the United States. Financial institutions are seeking to capitalize on that
Publisher’s Note: Dan Genovese with EnerCom sat down with Ory Zik, CEO of Qnergy, to discuss their clean, reliable, electric power system based on Stirling engines for Compressed Air Pneumatics (CAP) product that helps customers eliminate methane emissions by converting the methane into a useable energy source. Qnergy’s product has been deployed extensively across the North American gas market, replacing
Publisher’s Note: Dan Genovese with EnerCom sat down with Michael Ligrani, CEO of Iron IQ, to discuss their solution to get operators on a frictionless path to getting all their equipment, people, and processes connected on the cloud. Iron IQ’s solutions for Oil and Gas are easily expanded into adjacent industries, such as mining, water management, solar and precision agriculture,
Publisher’s Note: Dan Genovese with EnerCom sat down with Darrel Smith, Founder and Chief Technology Officer of Hydrostar, to discuss their game-changing electrolyte and electrolyzers for scalable hydrogen production. Hydrostar’s electrolysis systems efficiently produce high grade, low-cost, Green Hydrogen gas with intermittent operation allowing for adaptation to many renewable power generation applications. The low capital and operating cost of Hydrostar’s
World Oil Shell New Energies US, a subsidiary of Royal Dutch Shell, has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie’s Green Investment Group. With this acquisition, Shell expects to significantly expand its global solar portfolio. “Savion’s significant asset pipeline, highly experienced team, and
Publisher’s Note: Dan Genovese with EnerCom sat down with Salem Thyne, CEO of ESal (Engineered Salinity), to understand ESal’s focus on recovering more oil from new well completions, secondary recovery and EOR projects. Their patented RightWater® technology can increase oil production by optimizing the salinity and ionic composition of water used in oil and gas processes. Engineered Salinity works without
Publisher’s Note: Dan Genovese with EnerCom sat down with Ashley Zumwalt-Forbes, CEO of Black Mountain Carbon Lock, to discuss their carbon removal projects that help companies reach their emission reduction targets. Black Mountain Carbon Lock is a global carbon capture & storage (CCS) company participating across the CCS value chain to provide versatile, commercial-scale carbon management services to a broad
CNBC It’s worth hanging onto traditional energy stocks despite the recent resurgence in solar names, two traders say. The popular Invesco Solar ETF (TAN) is up nearly 10% this week, helped in part by Enphase Energy’s surge after reporting record revenue for its third quarter. TAN is beating the Energy Select Sector SPDR Fund (XLE) in the past month, up almost 22% versus the XLE’s 8.5% gain,
Publisher’s Note: Dan Genovese with EnerCom sat down with Robert Piconi, co-founder and Chief Executive Officer of Energy Vault, developer of a gravity-based, grid-scale, cost effective energy storage solution for wind and solar. Energy Vault’s energy storage systems are designed to be cost-efficient, reliable, safe to operate and environmentally sustainable over a 35 year technical life, using gravity to store
CNBC Chevron Chairman and CEO Mike Wirth told CNBC on Wednesday the oil company’s lower-carbon investments focus on areas such as renewable natural gas and hydrogen because it sees significant potential to create shareholder value. “One of the things we’ve chosen not to go into is wind and solar,” Wirth said in a “Mad Money” interview. “These are technologies that are relatively mature.
