Tag: Inflation Reduction Act

U.S. Treasury and IRS Finalize Rules Boosting Clean Energy Tax Credits

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have issued final regulations to implement wage...

Biden Administration Unveils Rules for Clean Energy Subsidies to Boost Job Quality

President Joe Biden's administration has introduced final rules for new clean energy subsidies, aiming to make jobs and wages...

US, China, and UK Lead Global Rankings for Battery Energy Storage Investments: EY Report

According to the latest EY Renewable Energy Country Attractiveness Index (RECAI 63), the United States, China, and the United...

IATA Forecasts Tripled Sustainable Aviation Fuel Production by 2024

During the 80th annual general meeting held in Dubai, the International Air Transport Association (IATA) announced on Sunday that...

California Approves New Solar Energy Program Despite Industry Criticism

The California Public Utilities Commission (CPUC) gave the green light on Thursday to a new solar energy program, a...

Orsted Secures $680 Million Tax Equity Financing from J.P. Morgan for Solar and Storage Projects in Texas and Arizona

Danish company Orsted has announced a significant investment of $680 million in tax equity financing from J.P. Morgan for...

US Reaches Milestone of Five Million Solar Installations

The United States has surpassed five million solar installations, eight years after reaching its first million in 2016, according...

Hy2gen and Ocean Connect Energy Partner to Explore Renewable Hydrogen Production from Offshore Wind

Green hydrogen developer Hy2gen has entered into a memorandum of understanding (MoU) with offshore wind energy developer Ocean Connect...

US Treasury Provides Guidance on Domestic Content Bonus to Boost American Manufacturing

The US Department of the Treasury and Internal Revenue Service (IRS) have issued comprehensive guidance on the Inflation Reduction...

Ohio Seeks $189 Million Federal Funding for Climate Action Plan Implementation

Ohio Governor Mike DeWine's administration has officially requested $189 million in federal Inflation Reduction Act funds to facilitate the...

Mitsui to Invest $193 Million in Texas Solar Farm Expansion

Japanese trading giant Mitsui & Co. has unveiled plans to invest approximately 30 billion yen ($193 million) over two...

bp Proposes Policies to Boost Renewable Natural Gas Production in the US

bp has outlined three policy proposals aimed at expanding domestic production and utilization of renewable natural gas (RNG) in...