US RE Tax Credits Now Multibillion-Dollar Market
Transferable Tax Credits Market Grew Up To $9 Billion In 2023, Raising Clean Energy Tax Attributes To $30 Billion
Thursday, 18 Jan 2024
A new study by Crux Climate says the US allowing renewable energy companies to sell federal tax credits for cash under the Inflation Reduction Act (IRA) is turning out to be a multibillion-dollar market.
Canada Comes Out With Its Own ‘IRA’
Canada Gives Big Boost To Clean Electricity & Clean Technology Manufacturing With Refundable Investment Tax Credits
Thursday, 30 Mar 2023
Taking a cue from its neighbor the US, Canada has come out with its own financial and regulatory support package for clean electricity offering a 15% refundable investment tax credit (ITC), and also ‘clear and predictable’ tax credits for clean t.
Canada Tries To Follow US Way With ITC
Canada To Offer $6.7 Billion Investment Tax Credit For Clean Technologies Till 2034 On Lines Of US’ Inflation Reduction Act
Saturday, 05 Nov 2022
Canada has now proposed to introduce an up to 30% ITC for investments in clean technologies including solar PV, storage and clean hydrogen worth $6.7 billion with a focus on net-zero technologies.
US Senate Settles For $369 Billion Clean Energy Investment
With Joe Manchin On Board of Senate Democrats, Joe Biden’s US Solar Manufacturing Plan One Big Step Forward To Take Off
Thursday, 28 Jul 2022
US President Joe Biden finally managed to bring around his namesake Senator Joe Manchin to agree to a $369 billion investment in Energy Security and Climate Change Programs by 2030, while also announcing measures to lower home electricity costs with solar.
US Extends 2019 ITC Safe Harbor
US Treasury Department Allows 2019 Solar Power Projects To Secure Equipment Till October 15, 2020 In View Of COVID-19, Under ITC
Saturday, 30 May 2020
SEIA called the solar ITC safe harbor extension as giving an additional layer of clarity to solar projects that started in 2019.
US Solar ITC Safe Harbor May Get Extended
Bipartisan US Senators Demand Solar ITC Safe Harbor Extension Due To COVID-19; Treasury Department Hints At Rules Modification
Wednesday, 13 May 2020
The Treasury Department of the US government has responded positively to a request from a group of senators that asked for deadlines for federal Investment Tax Credit (ITC) and Production Tax Credit (PTC) for solar and wind power developers, respectively.
US Solar Industry Loses Fight For 30% ITC Extension
US Federal Government Rejects Solar PV Industry Demand For Extension Of Investment Tax Credit Of 30%; SEIA Calls It ‘Missed Opportunity’ While ACORE Terms It ‘Squandered Opportunity’
Thursday, 19 Dec 2019
Before federal US policymakers close head for their Xmas holidays, the US solar industry had its hopes for an extension of the 30% ITC dashed as Congress did not consider the demand, unlike from the peers of the wind industry..
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The @Europarl_EN formally adopts revised EPBD under which EU Solar Standard mandates all new residential buildings to be rooftop solar powered by 2030; @SolarPowerEU wants ...integration of these measures into construction practices & building requirements https://taiyangnews.info/eu-solar-standard-one-step-away-from-becoming-a-law/
Leading gold miner @GoldFields_LTD will invest AUD 296 million in a new hybrid #SOLAR & wind power plant to power the St Ives mine in #westernaustralia. It will bring down the... mine’s electricity costs to 1/3rd of its previously projected costs by 2025 https://taiyangnews.info/hybrid-renewable-energy-plant-for-gold-mining-company/
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