NewEnergyNews: New Energy Wins Big In COVID Relief Bill/

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY, August 23:

  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And The New Energy Boom
  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And the EV Revolution
  • THE DAY BEFORE

  • Weekend Video: Coming Ocean Current Collapse Could Up Climate Crisis
  • Weekend Video: Impacts Of The Atlantic Meridional Overturning Current Collapse
  • Weekend Video: More Facts On The AMOC
  • THE DAY BEFORE THE DAY BEFORE

    WEEKEND VIDEOS, July 15-16:

  • Weekend Video: The Truth About China And The Climate Crisis
  • Weekend Video: Florida Insurance At The Climate Crisis Storm’s Eye
  • Weekend Video: The 9-1-1 On Rooftop Solar
  • THE DAY BEFORE THAT

    WEEKEND VIDEOS, July 8-9:

  • Weekend Video: Bill Nye Science Guy On The Climate Crisis
  • Weekend Video: The Changes Causing The Crisis
  • Weekend Video: A “Massive Global Solar Boom” Now
  • THE LAST DAY UP HERE

    WEEKEND VIDEOS, July 1-2:

  • The Global New Energy Boom Accelerates
  • Ukraine Faces The Climate Crisis While Fighting To Survive
  • Texas Heat And Politics Of Denial
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    WEEKEND VIDEOS, June 17-18

  • Fixing The Power System
  • The Energy Storage Solution
  • New Energy Equity With Community Solar
  • Weekend Video: The Way Wind Can Help Win Wars
  • Weekend Video: New Support For Hydropower
  • Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

    -------------------

    -------------------

      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • WEEKEND VIDEOS, August 24-26:
  • Happy One-Year Birthday, Inflation Reduction Act
  • The Virtual Power Plant Boom, Part 1
  • The Virtual Power Plant Boom, Part 2

    Wednesday, December 30, 2020

    New Energy Wins Big In COVID Relief Bill

    Renewable energy tax credits extended

    Keith Martin, December 22, 2020 (Norton Rose Fulbright)

    “…Many renewable energy developers are scrambling to reevaluate arrangements they put in place this year…[after a last-minute bill extended] deadlines for developers of solar, wind, fuel cell, geothermal, biomass, incremental hydroelectric and other renewable energy projects to start construction of new projects to qualify for federal tax credits…The measure also authorizes a 30% investment tax credit for offshore wind projects that start construction as late as 2025 and allows a similar tax credit to be claimed on new power plants of up to 50 megawatts in size that generate electricity using waste heat from buildings and other equipment…

    …[Solar projects] on which construction starts in 2020, 2021 or 2022 will qualify for a 26% investment tax credit…The tax credit drops to 22% for projects starting construction in 2023…All such projects must be placed in service by the end of 2025…A project slipping past 2025 qualifies for only a 10% investment tax credit…Wind projects on land [now have until the end of 2021 to start construction to qualify]for production tax credits at 60% of the full rate on the electricity output for 10 years or an 18% investment tax credit on the project cost…Any offshore wind project on which construction starts after 2016 through the end of 2025 will qualify for a 30% investment tax credit…Oher renewable energy projects that qualify for production tax credits [must be] under construction by [the end of 2021]…” click here for more

    0 Comments:

    Post a Comment

    << Home