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GE announced its plan to form three global public companies focused on the growth sectors of aviation, healthcare and energy.
President Joe Biden’s new climate strategy, announced after his original plan crumbled under opposition in Congress, will represent a historic investment in clean energy technology and infrastructure if it is enacted. But it is still not likely to be enough to meet the administration’s emissions reduction goals for 2030.
President Joe Biden’s proposal to produce 45% of the nation’s electricity from solar energy by 2050 seeks to transform the power sector from problem child into child prodigy.
The federal government provides several valuable incentives to promote alternative energy investments. Many of these incentives take the form of favorable federal income tax benefits.
The recent extension of the State of Hawaii's 35 percent income tax credit for solar energy until January 1, 2008, promises to keep the solar industry busy for the foreseeable future.
The Internal Revenue Service (IRS) has recently published Form 8911 Alternative Fuel Vehicle Refueling Property Credit that provides the first federal income tax credit for the installation of E85 fueling systems.
Toronto, Canada [RenewableEnergyAccess.com] SkyPower Wind Energy Fund LP announces that Terrawinds Resources Corp. has successfully obtained satisfactory advance income tax rulings from the Canada Revenue Agency (CRA) and relevant Quebec tax authorities and has completed the amendment to the Flow-Through Subscription Agreement. Income taxes payable by individual unit holders as a result of the reduction in the 2005 CEE deduction […]
The manufacturing, construction and operation of America's first offshore wind farm by Cape Wind Associates will generate an estimated 600 to 1,000 jobs in the region, according to a recent economic impact study.
The Malaysian government -- in response to First Solar's plan to expand production by building a solar module manufacturing plant with an expected minimum annual capacity of 100 megawatts (MW) -- is providing a 15-year income tax holiday as an incentive for the $150M investment in Malaysia.
Large solar projects do not seem to have a problem attracting tax credit equity. That is not the case for small commercial and industrial (C&I) projects. The tax credit equity marketplace is mostly comprised of large financial institutions that are considered to be widely-held C Corporations (WHCCs) for federal income tax purposes.