POWERnews

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 battery industry is experiencing a seismic shift as demand for renewable energy solutions increases. With electric vehicle (EV) sales expected to double from 2023 to 2027, reaching 31.6 million units, and shortages of cobalt and lithium expected through 2027, according to S&P Global Commodity Insights, innovation is necessary. There is a growing demand for […]

In an unprecedented move, the U.S. Environmental Protection Agency (EPA) on April 25 simultaneously finalized four major environmental rules covering greenhouse gases (GHG), air toxics, wastewater discharges, and coal combustion residuals from fossil fuel-fired power plants. Among the rules is the EPA’s final Carbon Pollution Standards, which marks the agency’s third attempt to broadly curb […]

Food waste is an enormous environmental and economic crisis that demands urgent solutions. Each year, an astonishing 1.03 billion tons of food is wasted globally—enough to feed 1.26 billion hungry people. All that wasted food is responsible for a staggering 8% of total greenhouse gas emissions. As the world grapples with these mounting challenges of […]

Schneider Electric today announced a Battery Energy Storage System (BESS) designed and engineered to be a part of a flexible, scalable, and highly efficient architecture. BESS is the cornerstone for a fully integrated microgrid solution that is driven by Schneider Electric’s controls, optimization, and world-renowned digital and field services. Graybar, a leading distributor of electrical, […]

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 […]

The Nuclear Regulatory Commission (NRC) has voted to codify proposed changes to streamline a key environmental review process for advanced nuclear reactors. Nuclear advocates lauded the measure as one of the regulator’s most important actions in 2024.    The NRC on April 17 approved its staff’s recommendation to publish a proposed rule that would amend […]

BW Solar, a Canada-based a developer of community solar, distributed generation, utility solar, and utility-scale storage assets, said it has sold 12 New York community solar projects with a combined capacity of 76.7 MW to Catalyze, a clean energy transition company that finances, builds, owns and operates solar and battery storage systems. The groups on […]

Frontier Energy, GTI Energy, and the Center for Electromechanics at The University of Texas at Austin on April 23 hosted the grand opening of a hydrogen research and demonstration facility. The project was developed as part of the “Demonstration and Framework for H2@Scale in Texas and Beyond” project, supported by the U.S. Department of Energy’s […]