solar Investment Tax Credit

Extending U.S. Investment Tax Credits Through 2050 Increases U.S. Solar Generation By 10%

Extending investment tax credits (ITC) and production tax credits (PTC) through 2050 for renewable electricity generation increases annual U.S. solar generation by 10%, according to our alternative policy analysis, Annual Energy Outlook 2022: Extended and Sunset Tax Credit Cases. Long-term availability of federal tax credits provides an incentive for more small-scale distributed generation in homes and … [continued]

US Renewable Energy Subsidies Dropping, While Renewable Energy Continues To Grow Fast

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.

Wind & Solar News

Check out the following wind and solar news if you haven’t gotten enough of a fix from CleanTechnica‘s wind and solar coverage. Wind News Innovations for Higher Turbine Capacity Factors Towers are getting taller, controls more intelligent, and ultrasound can now be used to measure wind velocity while we wait for … [continued]