Solar

This week marks the second anniversary of the Inflation Reduction Act (IRA), a critical milestone for the section 45Q tax credit, the foundational policy for the deployment of carbon management technologies, which was further enhanced in the IRA. The 45Q tax credit provides a credit on a per-ton basis for carbon that is captured from […]

A New York-based infrastructure investment fund said it has completed its purchase of a community solar and battery energy storage business in a deal to expand the U.S. community solar market. NOVA Infrastructure on August 16 said its acquisition of UGE International will forge a partnership “with UGE’s veteran management team with the goal of […]

U.S. renewable energy major RWE announced the signing of two long-term power purchase agreements (PPAs) that will supply electricity to social media company Meta. The deal is for clean energy from two solar farms with combined generation capacity of 374 MW. The solar facilities are RWE’s 274-MW County Run Solar project in Illinois, and the […]

Over the last few years, the energy industry has moved down a path of massive change, disruption, and uncertainty. In the U.S., growth projections over the next 15 years include 2,000 GW of PV solar and wind, 1,100 GW of storage, all seemingly coming from nowhere, driving grid interconnection requests at the end of 2023 […]

A New York-based power and energy infrastructure group will acquire more than 3 GW of operating renewable energy assets, along with another 8 GW of projects under development, from a Canadian company in a deal valued at up to $2.5 billion. LS Power, headquartered in New York City with offices in New Jersey, Missouri, Texas, […]

An Indiana electric utility has announced a $1.1 billion investment in that state that includes switching coal-fired units to run on natural gas, along with new solar power and battery energy storage projects. AES Indiana, a subsidiary of AES Corp., and formerly known as Indianapolis Power & Light, on August 8 said it will convert […]

The Pine Bend refinery in Minnesota added a 45-MW solar power array to support the facility’s supply of electricity, reaping the benefits of reduced costs, lower emissions, and more. Owners of commercial and

To achieve net-zero goals and accelerate the global energy transition, the International Energy Agency (IEA) stated that countries need to triple renewable energy capacity from that of 2022 by 2030, with the development of solar photovoltaics (PV) playing a crucial role. Additionally, the comprehensive electrification of combustion engine vehicles is an indispensable measure for reducing […]

The U.S. Supreme Court recently overturned the longstanding Chevron doctrine, a foundation of administrative law for 40 years, when it ruled on Loper Bright Enterprises v. Raimondo . The impacts on a wide

Maryland Gov. Wes Moore in May of this year signed the Brighter Tomorrow Act into law. The measure expands the solar facilities that qualify for subsidy, and improve the level of subsidy, and contains certain miscellaneous provisions applicable generally expanding access to subsidies—as well as benefits to workers and persons of low to moderate income. […]