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Energy Subsidies
US Congress Passes Five-Year Offshore Wind Tax Credit
The U.S. Congress has passed a year-end spending package which includes a provision that would extend the Tax Credit for offshore wind facilities at 30% through…
Wind Farm
Leeward Commissions 171MW wind farm in Colorado
Leeward Renewable Energy has announced that its Mountain Breeze Wind Farm in Weld County, Colorado, USA has reached commercial operation and that the company ha…
Biobattery
Swedish Biofuels Tax Exemption Approved by EU
The European Commission has granted the continuation of tax exemption measures for biofuels in Sweden.
Joe Biden
Solar Industry Prioritizes Tax Credit Extension, Trade Policy for Biden Administration
SEIA, the solar industry’s largest trade group, hopes a Biden administration will get behind its key policy goals.
Wind Power Company
RWE Offshore Wind Earnings up 12% in First Nine Months
RWE’s offshore wind business reported a 12% increase in earnings before interest, tax, depreciation and amortisation in the first three quarters of 2020 to €7…
Energy Investment
Gov’t Approves $575m Sale of Tullow Oil Plc Assets to Total
Tullow Oil plc has revealed that the Uganda and the country’s tax body, the Ugandan Revenue Authority have executed a binding Tax Agreement that reflects the p…
Germany
EnBW Soars on Stellar Renewables Return
EnBW banked adjusted earnings before interest, tax, depreciation and amortisation of €426m from its renewables division for the first six months of 2020
Solar Power Panel
Brazil Zero Rates Import of Certain Solar Products
Brazil has changed its mind about tax tariffs on certain solar goods by eliminating import duties.
Solar Power Plant
Double Tax on Solar Imports Could Collapse ‘Large Numbers’ of Indian Projects: Fitch
The threat of a double taxation of solar in India via both safeguard and basic custom duties could squeeze developers and result in large numbers of project can…
Power Construction
Long Recovery Ahead for India's Power Generation
The relaxation of lockdowns failed to drive power demand.
Oil Price
Oil Major Shell to Write Down up to $22 Billion of Assets in Second Quarter
It said it would take aggregate post-tax impairment charges in the range of $15 billion to $22 billion in the second quarter.
Oil Price
Pandemic, Low Oil Prices Cause Massive Drop in North Dakota State Revenue
Incoming oil and gas tax revenues for April, the latest month of data, were just $38 million — 81% below the Legislature's forecast.
Electric Car
German Government Raises Subsidy Levels for EVs
The German government will raise the level of subsidies for purchases of electric vehicles (EVs) and increase taxes for cars with higher CO2 emissions.
Electric Car
Zimbabwe:Electric Taxi Service and Charging Network Launched
VAYA Africa, a Mauritius-registered Transportation as a Service company, has launched an electric vehicle service in Zimbabwe as part of the company's rollout s…
Wind Power Project
Trump Administration Extends Tax Breaks for Renewables Projects
Tax credits worth 2.5 cents per kilowatt hour extended for both wind and solar schemes.

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US Congress Passes Five-Year Offshore Wind Tax Credit

Leeward Commissions 171MW wind farm in Colorado

Swedish Biofuels Tax Exemption Approved by EU

Solar Industry Prioritizes Tax Credit Extension, Trade Policy for Biden Administration

RWE Offshore Wind Earnings up 12% in First Nine Months

Gov’t Approves $575m Sale of Tullow Oil Plc Assets to Total

EnBW Soars on Stellar Renewables Return

Brazil Zero Rates Import of Certain Solar Products

Double Tax on Solar Imports Could Collapse ‘Large Numbers’ of Indian Projects: Fitch

Long Recovery Ahead for India's Power Generation

Oil Major Shell to Write Down up to $22 Billion of Assets in Second Quarter

Pandemic, Low Oil Prices Cause Massive Drop in North Dakota State Revenue

German Government Raises Subsidy Levels for EVs

Zimbabwe:Electric Taxi Service and Charging Network Launched

Trump Administration Extends Tax Breaks for Renewables Projects