According to a joint announcement from the United States Departments of Energy (DOE) and Treasury, along with the Internal Revenue Service (IRS), $4 billion in tax credits are headed to more than 100 projects to bolster domestic clean energy manufacturing and cut industrial greenhouse gas emissions.... Read More »
The U.S. Department of the Treasury and Internal Revenue Service (IRS) issued guidance this week for the 2024 program year of the Low-Income Communities Bonus Credit Program.
This program, created by the Inflation Reduction Act, provides a 10 or 20-percentage point boost to the Investment Tax Cr... Read More »
The U.S. Department of Agriculture (USDA) is investing $120 million in renewable energy projects in 44 states top help farmers, ranchers, agricultural producers, and rural small businesses.
Most of the 541 projects are being funded by the Inflation Reduction Act through the Rural Energy for Ameri... Read More »
As a loan guarantee for Holtec Palisades, the U.S. Department of Energy (DOE) announced that its Loan Programs Office (LPO) agreed to a conditional commitment of up to $1.52 billion to Holtec Palisades to finance the restoration of its Michigan nuclear power plant.
That plant is an 800 MW station... Read More »
In a joint effort, the U.S. Department of Energy (DOE) and Labor (DOL) released National Guideline Standards for the Battery Workforce Initiative (BWI), giving guidance for those pursuing apprenticeships with battery machine operators.
Meant to aid growth of this particular manufacturing sector ... Read More »
The U.S. Department of Energy (DOE) is awarding up to $22 million to improve planning, siting, and permitting processes for large-scale renewable energy facilities.
About $10 million of that amount will go to six state-based projects through the Renewable Energy Siting through Technical Engageme... Read More »
The U.S. Treasury Department and Internal Revenue Service (IRS) provided additional information about the bonus tax credits under the Inflation Reduction Act for clean energy projects and facilities located in so-called energy communities.
Energy communities are those that have historically gener... Read More »
Focused on industries where decarbonization technologies will have the largest impact, the U.S. Department of Energy (DOE) recently announced up to $6 billion for 33 projects to decarbonize while building up domestic manufacturing.
“Spurring on the next generation of decarbonization technologi... Read More »
The Senate recently advanced a bill (S.4050) by U.S. Sens. Bill Cassidy, M.D. (R-LA) and John Kennedy (R-LA) that would allow the Federal Energy Regulatory Commission (FERC) to extend construction licenses for new hydropower projects beset by supply chain shortages.
Specifically, the bill targete... Read More »
U.S. Sen. John Hickenlooper (D-CO) and U.S. Rep. Scott Peters (D-CA) introduced legislation last week a that would expedite the siting and permitting of interregional transmission lines.
The Streamlining Powerlines Essential to Electric Demand (SPEED) and Reliability Act would change the process... Read More »