Tax

Offshore Wind Power
Ørsted Anticipates Impairments of up to Eur 2.15 Billion on US Portfolio
The world’s leading offshore wind developer, Ørsted, could book impairments of DKK 16 billion (EUR 2.15 billion) on its US portfolio due to adverse…
Solar Panel
US Still Relies Heavily on Imported Solar Panels, Even as Domestic Factories Surge
(Source: Jiraroj Praditcharoenkul/iStock/Getty Images Plus via Getty Images)The next generation of US solar factories is advancing quickly, unleashed by lucrati…
Electric Vehicles
New York Is Now the World's First City to Mandate EV Rideshare Fleets by 2030
New York City has announced that it will now require EV rideshare fleets by 2030 – the world’s first large city to do so.New York City Mayor Eric Adams and Ci…
Renewable Energy
US Investor Group Clinches Tax Credit Deal for $1.5 Bln Renewable Power Acquisition
Power-generating Siemens 2.37 megawatt (MW) wind turbines are seen at the Ocotillo Wind Energy Facility California, U.S., May 29, 2020. REUTERS/Bing Guan/File P…
Energy Storage Project
Tax Equity Secured for 100 MW Battery Portfolio in Texas
Construction in progress at SMT Mercedes, a 10 MW battery energy storage facility located in South Texas belonging to the SUSI/SMT Energy Texas BESS portfolio. …
Green Hydrogen
US Energy Giants Build Campaign Against Clean Hydrogen Regulations
Oil companies and utilities are pushing for their own tax credits for partly fossil fuel-powered projects.Energy companies and utilities across the United State…
Hydrogen Project
US energy companies call for widening of hydrogen tax incentives
Anumber of US energy companies have begun lobbying the US Government to widen its tax incentives for the hydrogen industry.Currently, green hydrogen producers r…
Wind Farm
New Jersey Residents Challenge Orsted Offshore Wind Farm's $1 Billion Subsidy
Electric power transmission pylon miniatures and Orsted logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado RuvicNew Jersey residents have …
Offshore Wind Power
Ørsted Gets Tax Break for New Jersey's First Offshore Wind Farm, Shell-Edf JV Calls for Same Treatment for All Current NJ Projects
New Jersey Governor Phil Murphy has signed a bill that will ease Ørsted’s tax obligations related to the 1.1 GW Ocean Wind 1 project, the state&rsq…
Electric Vehicles
China Rolls Out $72 Billion in Tax Breaks for New-Energy Vehicles Over Next Four Years
China on Wednesday unveiled a $72 billion package of tax breaks aimed at boosting the purchase of electric vehicles over the next four years, extending an exist…
Renewable Diesel
Nebraska Governor Signs Bill Promoting Use of Biodiesel
Governor Jim Pillen has signed into law legislation promoting the sale and use of biodiesel in Nebraska.The bill, LB 727, provides retail tax incentives for the…
Hydrogen Production
Constellation Energy hits pause button on massive US nuclear hydrogen power plan
The billion-dollar pink H2 strategy is now on hold in the face of potential tax credit limits.Constellation Energy Corp. has announced that it is placing its $1…
Electric Vehicles
Tesla Inventory Is Going Down as Discounts, Tax Credits, and Referrals Seem to Work
Tesla’s new inventory vehicles are going down following a high earlier this year as recent discounts, new tax credits, and referrals appear to be working.…
Wind Farm
Cutting Dependence on China’s Renewables Supply Chain
The US Inflation Reduction Act of 2022 is widely regarded as a game-changer in the drive to net zero. As well as generous tax credits for investment in low-carb…
Biofuel
Blue Biofuels Signs Mou With World Energy for Offtake of Ethanol, SAF
Blue Biofuels announced May 31 that it has signed a memorandum of understanding (MOU) with World Energy Sustainable Products LLC for World Energy to purchase th…

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Tax

Ørsted Anticipates Impairments of up to Eur 2.15 Billion on US Portfolio

US Still Relies Heavily on Imported Solar Panels, Even as Domestic Factories Surge

New York Is Now the World's First City to Mandate EV Rideshare Fleets by 2030

US Investor Group Clinches Tax Credit Deal for $1.5 Bln Renewable Power Acquisition

Tax Equity Secured for 100 MW Battery Portfolio in Texas

US Energy Giants Build Campaign Against Clean Hydrogen Regulations

US energy companies call for widening of hydrogen tax incentives

New Jersey Residents Challenge Orsted Offshore Wind Farm's $1 Billion Subsidy

Ørsted Gets Tax Break for New Jersey's First Offshore Wind Farm, Shell-Edf JV Calls for Same Treatment for All Current NJ Projects

China Rolls Out $72 Billion in Tax Breaks for New-Energy Vehicles Over Next Four Years

Nebraska Governor Signs Bill Promoting Use of Biodiesel

Constellation Energy hits pause button on massive US nuclear hydrogen power plan

Tesla Inventory Is Going Down as Discounts, Tax Credits, and Referrals Seem to Work

Cutting Dependence on China’s Renewables Supply Chain

Blue Biofuels Signs Mou With World Energy for Offtake of Ethanol, SAF