IRA
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Legal & Regulatory
Bonus Tax Credits Supercharging Domestic Clean Energy Manufacturing
The Inflation Reduction Act (IRA) recognizes the importance of boosting domestic U.S. manufacturing of clean energy equipment and provides a 10% bonus for the production tax credit and investment tax credit
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Hydrogen
Making Green Hydrogen’s Potential Come True
Electric utilities are looking to green hydrogen as a tool to help alleviate over-congested grids and renewable energy curtailment. But what makes hydrogen “green?” The U.S. Internal Revenue Service (IRS) will soon issue its much-anticipated guidance on what qualifies for the new green hydrogen tax credits in the Inflation Reduction Act (IRA) passed last year. The […]
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Trends
Clean Energy Transition Continues Despite Reliability, Supply Chain, and Financial Uncertainty
Although there is a risk of energy shortfalls in parts of the U.S. if extreme summer temperatures materialize, there is no stopping the clean energy transition that is sweeping the nation. Energy storage
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Renewables
Interconnection Constraints Threaten Success of Clean Energy Projects
Power projects are filled with risk. One of the biggest risks today for clean energy developers involves interconnection constraints. And according to Sarp Ozkan, vice president of Commercial Product at
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Hydrogen
Driving Decarbonization: Lessons Learned from Europe That Can Help Unlock the U.S. Clean Hydrogen Economy
Environmental experts consider decarbonization to be among the most important keys to minimizing the effects of climate change. While the transition to a low-carbon economy may present challenges, it also offers opportunities for innovation, the creation of new jobs, and sustainable economic growth. Accordingly, the U.S., like Europe and other parts of the world, has […]
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Electrification
Major Battery Plant to Support EVs Announced for Georgia
The market for U.S. manufacturing of batteries for the electric vehicle (EV) sector continues to grow. The latest announcement comes from South Korea-based LG Energy Solution (LGES), which together with Hyundai Motor Group has formed a joint venture (JV) for a battery cell factory in Georgia. The announcement on May 26, during a signing ceremony […]
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Electrification
U.S. Power Sector Trade Groups Flag Critical Electrical Steel Crunch
Nine trade groups—including four representing the power sector—have urged the Biden administration to prioritize actions that support the domestic production of electrical steel, warning that shortages are contributing to “significant and persistent” supply chain challenges. The groups, which include the Edison Electric Institute (EEI), the American Public Power Association (APPA), the National Rural Electric Cooperative […]
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Renewables
Growth Slows, but U.S. Renewable Energy Installs at Third-Highest Level in 2022
The American Clean Power Association (ACP) in a new report said installations of energy storage, along with wind and solar power capacity, were at the third-highest level on record in 2022, with more than 25 GW of new clean power installed cross the U.S. But challenges to clean energy deployment remain. The group’s “Clean Power […]
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Commentary
U.S., European Legislation Puts Real Muscle into Clean Energy, Decarbonization, and Job Creation, but Must Evolve to Keep Up with Demand
COMMENTARY With the passage of the Inflation Reduction Act (IRA) in December, the U.S. put some real financial muscle behind efforts to combat climate change and incentivize renewable energy with $370 billion in loans, grants, and tax credits to spur clean energy technology development, manufacturing, and job creation. Once the full potential of the bill […]
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Press Releases
Peninsula Clean Energy Reaches Innovative Solar Agreements With County, Cities
REDWOOD CITY, CA – April 18, 2023 – As one of the first public agencies nationwide to utilize newly expanded federal renewable energy incentives, Peninsula Clean Energy has reached innovative agreements with nine cities and the County of San Mateo to install solar and future battery storage on public buildings. Peninsula Clean Energy is executing […]
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