Wind

The U.S. Dept. of Energy (DOE) announced it was preparing to make as much as a $1.66 billion loan guarantee to Latham, New York-based Plug Power, with the money earmarked for construction of as many as six clean hydrogen facilities across the U.S. The DOE on May 14 said the funds were part of a […]

All regions across the bulk power system (BPS) are generally prepared to meet resource adequacy criteria to meet normal peak demand this summer, but ongoing concerns about extreme weather events, rapid demand growth, and systemic vulnerabilities still pose significant risks for supply shortfalls and grid reliability, the North American Electric Reliability Corp. (NERC) has warned. […]

The past few years have shown that the need for cleaner energy sources is only growing, while balancing economic and infrastructure concerns remains vital to safeguard American energy dominance and security. The 2021 Bipartisan Infrastructure Law and 2022 Inflation Reduction Act are two recent examples of massive investments into American infrastructure and jobs, forging ahead […]

It’s no secret that the U.S. electric power system has undergone a remarkable transition that continues today. Coal-fired generation, which was the leading source of power generation during the 20th century, often providing more than half of the country’s electricity supply, fell to about 16.2% of the mix in 2023. Meanwhile, the U.S. solar market […]

A UK- based global research group said continued growth in wind and solar power increased power generation from renewable energy to nearly a third of worldwide electricity output last year. Ember, a think tank headquartered in London, in its “Global Electricity Review 2024” released May 8 wrote that the numbers show a goal to triple […]

Siemens Energy announced an overhaul of its struggling wind power division on May 8, unveiling plans for a new CEO for its wind turbine business and also saying job cuts would be included in the plan. The news came on a day when the company raised its revenue outlook and also said it needed to […]

The U.S. government offers certain benefits to renewable energy projects, primarily in the form of tax credits and depreciation. But the reality is that a growing number of tax-equity partnerships are reaching the end of their lifespan, and the sponsors and tax-equity investors in these projects need to be preparing for the future. In fact, […]

The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The IRA includes more than 70 investment, production, and excise credits designed to facilitate the transition to cleaner energy production. The legislation promotes advanced manufacturing, and […]

Renewable energy project developers now have important clarification about the transferability of clean energy tax credits, as the U.S. Treasury Dept. and the Internal Revenue Service (IRS) released final rules on the issue on April 26. The Inflation Reduction Act (IRA) passed in 2022 created two new credit delivery mechanisms—so-called elective pay or direct pay, […]

The Biden administration has unveiled several sweeping actions over the past month aimed at boosting clean energy deployment, enhancing manufacturing jobs, and reducing pollutant emissions across the power sector. The measures—many announced as part of a comprehensive Earth Week agenda on April 25—are notable for their strategic push in an election year, highlighting the administration’s […]