Tag: Inflation Reduction Act

Biden Administration Announces $4.3 Billion in Climate Grants for 25 Projects

The Biden administration revealed on Monday the selection of 25 projects from 30 state, local, and tribal governments that...

Nordex Group Introduces 5MW Turbine for US Market

The Nordex Group has unveiled a new 5MW turbine variant, the N169/5.X, tailored to meet the specific needs of...

Intersect Power Secures $837 Million for Texas Battery Energy Storage Projects

Intersect Power LLC, a prominent US clean energy company, has confirmed securing USD 837 million (EUR 765.5m) in financing...

Solar Sector Records $16.6B Funding in H1 2024, Marking a 10% Year-on-Year Decline

Total corporate funding in the global solar sector, encompassing venture capital (VC), public market, and debt financing deals, reached...

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...