Washington [US] : The current solar panels aren’t very efficient as they are only able to convert up to about 20 per cent of the sun’s energy into electricity. As a result, to generate a lot of electricity, the panels require a lot of space–sometimes leading forests to be cut down or farms being replaced. […]
Solar Industry Awaits Numerous Challenges as IRA Falls Short of Being a Panacea – EQ Mag
US President Joe Biden signed the most ambitious climate act in the history of the country during 2022 through the Inflation Reduction Act (IRA) in the hope of accelerating renewable energy development, though experts have pointed out that it would take another 2-3 years before seeing a sizable growth in solar power. The US will […]
Minerals Are Abundant But Not Easy to Extract, Imposing Constraints on EV Manufacturing – EQ Mag
A large number of minerals are required for energy transition. While the U.S. Geological Survey (USGS) indicates that mineral resources might be inexhaustible, minerals are not easy to obtain. Instead, mineral extraction involves complex issues from geopolitical concentration, material quality, average lead time in the mining industry to environmental factors, all of which will decide […]
Can clouds of moon dust help stop global warming? – EQ Mag
Some scientists are proposing we launch tons of moon dust into space to reflect sunlight and cool the planet—but it’s a complicated climate solution. A group of U.S. scientists this week proposed an unorthodox scheme to combat global warming: creating large clouds of moon dust in space to reflect sunlight and cool the Earth. In […]
Copper Supply Deficit Will Last till 2030 with Unstable Output in Chile and Peru – EQ Mag
Although Elon Musk said the world doesn’t need extra copper on Twitter in January, most experts believe that the world is facing a copper shortage amid increasingly challenging supply streams in South America and pressure from higher demand. The copper deficit in 2023 will be a severe problem in the coming decade. As the element […]
Bigger utilities to benefit most from Biden’s clean-energy funds – EQ Mag
NEW YORK : Large U.S. electric utilities with renewable power projects in the works will benefit most in the sector from new federal clean energy funding, analysts and researchers said, with those already at the forefront of developing solar and wind cleaning up. The Biden administration’s $430 billion Inflation Reduction Act devotes billions of dollars […]
1st phase of Mexican solar project to be operating in April – EQ Mag
Mexico plans to power up the first phase of a huge solar energy project in April near a beach town popular with tourists making the short drive from the United States PUERTO PEÑASCO, Mexico : Mexico was pushed to accelerate its turn toward renewable energy after Russia’s invasion of Ukraine last year drove a sharp […]
Amazon Sets a New Record for Most Renewable Energy Purchased by a Single Company – EQ Mag
Seattle, United States : The company’s renewable energy portfolio now totals more than 20 GW and will generate enough clean energy to power 5.3 million homes in the U.S. Amazon’s renewable energy purchases last year brought it closer to powering its operations with 100% renewable energy by 2025—five years ahead of its original target Amazon […]
Seven EU countries oppose new EU funding as a response to U.S. subsidy plan – EQ Mag
Plans by the European Commission to create new European Union funding for the green industry are facing mounting opposition. Seven EU countries openly rejected the idea in a letter addressed to the European Commission vice president responsible for trade, Valdis Dombrovskis. The document was signed by the Czech Republic, Denmark, Finland, Austria, Ireland, Estonia and […]
One-in-five new cars in California zero-emission in 2022 – EQ Mag
LOS ANGELES: One-in-five new cars sold in California in 2022 was a zero-emission vehicle, the state said on Saturday, as the largest car market in the United States charges towards its goal of electrifying its fleet. Last year officials set ambitious targets for boosting the number of electric vehicles (EVs) and plug-in hybrid vehicles (PHEVs) […]