Polysilicon manufacturer Highland Materials has secured US$255.6 million in 48C tax credits to build a polysilicon plant in the US.
(Bloomberg) — The fledgling US offshore wind industry took another blow Friday — but for a new reason: a desired turbine isn’t available. The absence of 18-megawatt turbines set off
BROOKINGS, Ore. —The Brookings City Council discussed the opposition to the Bureau of Oregon Energy Management’s Offshore Wind Energy Project proposed for the Oregon coast Monday. BOEM is looking to add offshore wind farms in areas that cover over 200,000 acres ranging around 18 to 32 miles off the coast of Curry and Coos Counties. […]
The sector will achieve “liftoff” when “it is actively contributing to decarbonization targets, with a sustained project pipeline and regular deployment,” the Energy Department said.
(Bloomberg) — The Biden administration is taking steps to jump-start the fledgling offshore wind sector, outlining a five-year leasing plan that would include turbines in the far reaches of the
The company plans to apply for 45V tax credits even though their hydrogen would not qualify under draft IRS guidance, Executive Vice President Kathleen Barron said Wednesday at the BNEF Summit in New York City.
Liberty Renewables owns a 1.3GW wind project pipeline in New York.
The decision is another setback to New York’s aspirations to achieve 70 percent renewable energy by 2030 and be a hub for the nascent industry in the United States.
Virginia-based energy company Dominion Energy has announced the launch of the first U.S.-built and Jones Act-compliant offshore wind turbine installation vessel, the Charybdis. A 472-foot vessel is being built at the
But that will extend a project’s lead time, “which is difficult for federal and state policies if people are trying to get these projects deployed as fast as possible,” Ørsted Americas CEO David Hardy said.
The three canceled projects represented 4 GW of provisionally awarded capacity.
By the end of Monday, tens of millions of American families will have claimed their child tax credit on their 2023 tax returns. But for many families, that credit will be hundreds, or even thousands, of dollars smaller than it could have been. And all the blame for those smaller credits belong to Senate Republicans. In 2021, the American Rescue Plan temporarily increased the tax credit from $2,000, where it was set under the 2017 tax cuts, to $3,000 (or $3,600 for children under 6). It also made...