Renewable energy

Under current law, there are significant tax benefits for renewable energy projects in the United States. These benefits include nonrefundable ITC and PTC tax credits and depreciation deductions.  From the perspective of a renewable energy developer, however, such tax benefits may be difficult to use effectively.  Currently, ITC and PTC tax credits are nonrefundable, meaning that […]

The venerable business of commodity trading, already in the news for the supply chain impacts of COVID, has moved to center stage with the war in Ukraine. Impacts of Russia’s invasion could ripple to manufacturing of all kinds, especially the clean energy transition we need to meet climate goals. COMMENTARY Within the first week of […]

Notwithstanding the ongoing impacts of COVID-19, in 2021 the deployment of solar, solar + storage, stand-alone storage, wind, and other renewable energy technologies continued to rapidly expand across the U.S

Oman Adds Major Solar Project. A consortium consisting of Saudi Arabia-based ACWA Power, Kuwait-based Gulf Investment Corp., and Kuwait’s Alternative Energy Projects Co. in January inaugurated Ibri 2, the

The mining of cryptocurrency, or bitcoin, is an energy-intensive process, and entrepreneurs are looking at several technologies—including innovative geothermal energy techniques—to power their operations. Among the latest is a service from a California-based renewable energy group, RenewaBit, which has joined with CeraPhi Energy, a Houston, Texas-based company, to produce geothermal energy with integrated crypto mining […]

Many experts believe hydrogen holds great promise as a clean energy resource that can help nations achieve carbon-free goals. Green hydrogen, which is made from water through electrolysis powered by renewable energy, could be used to decarbonize a wide range of hard-to-abate industries, including petrochemical, cement, and steel, which often require high temperatures and combustion […]

Africa has approximately 600 million people without access to clean, reliable, and affordable electric power (80% of the global total). On the flip side, the continent has some of the fastest growing economies in the world. Countries like Egypt and Ethiopia have recorded more than 6% annual growth in gross domestic product (GDP) with the […]

In the race to generate and distribute renewable energy, developers must clear numerous regulatory hurdles. For many projects, this may include obtaining a voluntary “incidental take” permit under the Bald and Golden Eagle Protection Act (BGEPA). The BGEPA incidental take permitting program has frustrated both developers and operators due to, among other things, uncertainty of […]

SAN DIEGO, California (February 8, 2022) – RenewaBit, Inc. and Houston Based CeraPhi Energy, LLC announced today their GreenFlash service that retrofits oil and gas wells to produce 100% clean geothermal energy with integrated crypto mining offtake that seamlessly commercializes produced energy at ultra-high yield prices. The GreenFlash service solves the key financial and environmental […]

FEB. 2, 2022 — Siemens Gamesa Renewable Energy has appointed Jochen Eickholt, a member of the executiveboard at Siemens Energy as its Chief Executive Officer. Eickholt will take the reins at Siemens Gamesa on March 1, replacing Andreas Nauen. “Siemens Gamesa is experiencing significant challenges in its Onshore business in a very difficult market and […]