The fact that the Inflation Reduction Act (IRA) provides clean energy benefits might be surprising to some people, or perhaps confusing because of the act’s name, which is unrelated to energy. The recent peak inflation period doesn’t, on the surface, have much to do with solar power and energy storage, … [continued]
Congress passed a 5,593 page funding bill that includes money for renewable energy and other clean tech initiatives. Here’s some of what’s inside those pages.
A group of 20 US Senate Democrats have called for the extension of clean energy tax incentives such as the wind energy Production Tax Credit (PTC), the solar Investment Tax Credit (ITC), and the residential renewable energy tax credit, a call which has been applauded and joined by the country’s clean energy associations.
Incorporating solar generation in commercial building materials may finally become a mainstream practice, with both solar windows and solar panels used to create net-zero buildings. Evolving regulations in leading jurisdictions like California and Germany are driving the building integrated photovoltaics (BIPV) with adoption deadlines as early as next year.
A broad coalition of energy trade and advocacy organizations filed a letter to the US Senate and House leaderships this week, urging them to modify the tax code to include energy storage as an eligible technology for the country’s Investment Tax Credit, or ITC.
Federal subsidies for renewable energy—including biofuels for transportation use and renewable generation of electricity—dropped to $6.7 billion in fiscal year (FY) 2016, a 56% decline from FY 2013. Renewable subsidies in FY 2010 and FY 2013 were approximately $15 billion, more than double FY 2016 levels, as support from the American Recovery and Reinvestment Act of 2009 (ARRA) lessened. Despite the decline, renewable energy continued to receive a large share of total federal energy subsidies, accounting for 46% of the FY 2016 total.
US Senate Republicans have put forward their own tax reform plan this week which, unlike the tax reform bill proposed by the House, does not take aim at renewable energy provisions such as the wind Production Tax Credit.
Amid the discussion over ending the federal solar tax credit in 2015, I published an analysis of the less-than-expected hit to residential solar costs. I made a big mistake.
Note: We’re trying to get back into helping homeowners who want to go solar and who want to switch to an electric car. That was a core of our work in the past, and I think it’s one of the most valuable things we can do for consumers and to … [continued]
By Mouli Vaidyanathan, PhD, PE, CEM, Founder of Mouli Engineering Inc. Solar electricity is being promoted as an alternate energy source. Conventional dirty (coal) grid power is being phased out. The promotion appears environmentally cleaner and to favor a new technology. How much of this promotion is for “being clean & … [continued]
