solar
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Solar
Understanding the Domestic Content Bonus Credit and How to Maximize Incentives for Solar Projects
In May, the U.S. Department of the Treasury and IRS released additional guidance on the Inflation Reduction Act’s (IRA’s) domestic content bonus, part of President Biden’s economic strategy to boost American manufacturing, and iron and steel production. The domestic content bonus credit is available to taxpayers that certify their qualified facility, energy project, or energy […]
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Solar
Construction Begins on New York City’s Largest Solar Array, Covering Terminal Roof at JFK Airport
More than 13,000 solar panels will be installed on the roof of the New Terminal One project at John F. Kennedy International Airport (JFK) in New York City. The consortium chosen to build the project, led by AlphaStruxure, on September 24 said construction is underway. The announcement came Tuesday during Climate Week NYC, an annual […]
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Hydrogen
Spanish Group Injecting Hydrogen Into Natural Gas Network
A Spanish infrastructure company said it has achieved a “historic milestone” for Spain’s energy industry. Madrid-headquartered Redexis announced has begun injecting hydrogen produced with renewable energy into the country’s natural gas supply via Spain’s first hydrogen pipeline. The company said the project, inaugurated on September 20, is believed to be the first fully commissioned renewable […]
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Legal & Regulatory
Evolution of Decommissioning Requirements in Renewable Energy
With legislative momentum around clean power generation and net-zero emissions policies rapidly building, the U.S. is seeing rapid increases in installed wind and solar capacity each year. At the same time, older generations of renewables are facing a new challenge: obsolescence. The first utility-scale wind and solar projects in the U.S. were developed in the […]
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Energy Storage
Turning Energy Storage From an Idle Backup Into a Money-Making Asset
Battery energy storage systems (BESS) can be the key to tackling any number of issues your grid or business may be facing, such as a need to support more renewables, ensuring a resilient backup, or cutting energy costs. You may believe that a BESS will resolve your issues, but do you have full buy-in from […]
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Solar
$2.33 Billion Solar-Plus-Storage Project Set in Nevada
A solar-plus-storage project valued at more than $2.33 billion is preparing for construction after receiving a Record of Decision (ROD) from the U.S. Dept. of the Interior. Arevia Power on September 10 announced the Libra Solar Project, featuring 700 MW of solar power generation capacity paired with 700 MW of battery energy storage, will move […]
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Solar
SOLV Energy Announces 3 GW of New Solar, Including Oregon’s Largest Project
A California-based renewable energy company announced has several milestones, including that it has surpassed 20 GW of installed and awarded utility-scale solar and energy storage projects in America. SOLV Energy, headquartered in San Diego, also said it plans to bring about 4 GW of generation capacity online this year, and has another 3 GW of […]
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Renewables
ACP Report Shows Record-Breaking Quarter for Clean Energy Installations
Installations of renewable energy projects hit 19 GW of generation capacity through the first half of 2024, more than double the five-year average for that time period, according to a report from the American Clean Power Association (ACP). The ACP on September 5 released its “Clean Power Quarterly Market Report | Q2 2024,” and said […]
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Renewables
Coming Together for Clean Energy: Supplement to POWER and RE+
POWER is proud to partner with RE+ as we provide information and insight for attendees of the largest renewable energy event in North America. RE+ celebrates its 20th anniversary this year, with the conference making its return to Anaheim, California. The 2024 event, running September 9 through 12, is building on its past success as […]
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Solar
POWER Digest [September 2024]
Investment Fund Buys Spanish Solar Projects. NextEnergy Capital, an investment fund focused on renewable energy, in August said it had an agreement to buy 12 solar power projects in Spain. The installations in
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