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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…
Solar project
EDF Renewables Slams Colombia's Regulation as It Exits Solar Project
France’s EDF Renewables said on Thursday that it will withdraw from the development of a solar power project in the Colombian department of Cundinamarca, …
Electric Vehicles
EV Tax Credit Changes Mean Low-Income Buyers Can Soon Get Full $7,500
The IRS released new guidance on the EV tax credit today, and the changes mean that starting next year, low- and middle-income buyers will be able to get the fu…
Oil & Gas Supply
China Extends Resource Tax Concession on Shale Gas to End-2027
A natural gas appraisal well of Sinopec is seen behind a treatment pond of drilling waste in Langzhong county, Sichuan province March 1, 2011. REUTERS/Stringer/…
Biofuel
Clean Fuels, AG Groups Urge Adoption of Greet for Saf Tax Credit
Clean Fuels Alliance America, the American Soybean Association, the National Oilseed Processors Association the U.S. Canola Association are urging the Biden adm…
Carbon Capture
Alberta Premier Wants to Unveil Carbon Capture Storage Tax Credits at COP 28
Alberta's Premier Danielle Smith makes a keynote speech at the LNG 2023 energy conference in Vancouver, British Columbia, Canada July 13, 2023. REUTERS/Chri…
Electric Vehicles
Tesla's Upcoming $25,000 Car and Robotaxi Are Both Futuristic-Looking and 'Cybertruck-Like'
Tesla’s upcoming $25,000 electric car and dedicated robotaxi vehicle are both going to be futuristic-looking and ‘Cybertruck-like’, according …
Energy Storage System
Gresham House Releases H1 2023 Results Amid Financial Strain for BESS Operators
Glassenbury BESS. Image: Gresham HouseBattery energy storage fund Gresham House has released annual accounts for the first half of 2023, showing lower H1 2023 r…
Electric Vehicle Battery
Tesla Urges Australia to Give Tax Credits for Battery Supply Chain Investment
Tesla’s Model 3 being brought into an Australian mall. (Image by Tesla, Instagram).Electric-vehicle giant Tesla Inc. says Australia should offer tax incen…
Offshore Wind Power
Orsted Shares Fall 20% As It Faces $2.3 Billion Risk
Danish energy company Orsted saw its share price fall 20% after the company announced it faces a $2.3 billion loss in value in its US operations due to supply c…
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