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EV Market
Electric Vehicle Tax Credits Explained: What’s New in 2023?
An electric vehicle is charging at a shopping center in Emeryville, Calif., Wednesday, Aug. 10, 2022. Congress is poised to pass a transformative climate change…
Energy Taxation
Inflation Reduction Act: What Manufacturers Need To Know About New Clean Energy Tax Credits
Inside a JinkoSolar Smart Facility (Courtesy: JinkoSolar)Manufacturers should consider seeking Section 48C Advanced Energy Project Credit allocations, recently …
Electric Car
COP27: U.S. In Talks With EU on Electric Car Tax Credits
The United States is listening to the concerns of European counterparts about the trade tensions triggered by the Biden administration's clean vehicle subsidies…
Net Zero Emission
Ottawa and Alberta Clash Over Who Must Pay to Lift Canada’s Carbon Capture Credits
Canada's federal government and the main oil producing province of Alberta are at odds over who should pay to bolster tax credits and scale up a crucial technol…
CCS
Oil Industry Gears up to Tap U.S. Climate Bill for Carbon Capture Projects
Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas prop…
Electric Car
U.S. Senate Democratic Deal Would Expand EV Tax Credits
A Senate Democratic deal includes a new $4,000 tax credit for used electric vehicles and other new tax credits and grants for automakers to retool factories to …
Energy Infrastructure
White House Eyes Subsidies for Nuclear Plants to Help Meet Climate Targets
The new subsidies, in the form of "production tax credits," would likely be swept into President Joe Biden's multi-trillion-dollar legislative effort to invest …
Wind Power Project
FPP Secures Tax Credits for €17.65m Cost in Offshore Floating Wind Project
Floating Power Plant has just secured €17,65m in R&D tax credits for an offshore floating wind and wave project at PLOCAN off the coast of the Canary Islands. …
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.
Wind Farm
Trump Administration Agrees to help Wind Farms with Subsidy Tweak
The Trump administration on Thursday agreed to change rules governing key renewable energy tax credits, a win for wind farm owners seeking more time to claim th…
Wind Farm
Trump Administration Agrees to Help Wind Farms with Subsidy Tweak
The trump administration agreed on Thursday to change rules on major renewable energy tax credits.
Solar Power Plant
U.S. Solar Industry Hit By Coronavirus Pandemic
The flourishing U.S. solar industry is already experiencing supply delays due to coronavirus-inflicted supply chain disruptions and may not meet the deadlines f…
US lawmakers redouble efforts to extend renewables tax credits
House Democrats unveiled draft legislation this week that would extend tax credits for for solar and wind developers.
'GREEN Act of 2019' Extends Tax Credits for Renewables
The Ways and Means Committee of the U.S. House of Representatives on Nov. 19 released a draft tax package for clean energy projects that includes a five-year ex…
Solar Company
About 1,000 Solar Companies Calling for Extension of US ITC
Close to 1,000 companies from across the US solar industry supply chain sent a letter to Congress this week calling for the extension of the Section 48 and Sect…
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