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Kenya will introduce a royalty for geothermal-power producers under a proposed new law. Fees will be levied at a rate of 1 percent to 2.5 percent of revenue generated from the energy source within the first decade of a geothermal license being issued, according to the draft Energy Bill presented to lawmakers Wednesday. The levy will then climb to between 2 percent and 5 percent, the bill states.
New Jersey has been among the top solar markets in the United States, but until recently, its perch was in doubt. New Jersey Gov. Chris Christie signed a bill on Monday that aims to keep solar energy development booming – and the jobs that come with it.
Section 73 of the California Revenue and Taxation Code allows property tax exclusion for any active solar energy system, including photo voltaic (PV) utility-scale systems, installed through the end of 2016. The exclusion removes barriers for solar energy relative to conventional sources and incentivizes development. Solar installations have indeed proliferated. In 2008, solar PV surpassed solar thermal energy in installed megawatts. Today, California leads the nation in total installed solar energy (about 2,000 megawatts).
While national and state governments are giving renewable power their blessing, the industry’s growth is being trampled by greedy local governments seeking to make a killing at the industry’s expense. Last week REW reported how fees for inspecting solar installations vary widely across southern California. Turns out inspecting and permitting isn’t the only problem there. Now the tax man also […]
A three-year summary of America's first carbon trading program was released yesterday. The news is pretty good for anyone who cares about reducing carbon emissions; it's inconvenient for anyone hell-bent on preventing America from implementing a carbon pricing plan.
Americans woke up to a different political lanscape this morning. After just four years in the majority, the Democrats lost control of the House to Republicans and gave up a handful of seats in the Senate. Now the big question is: How does this impact renewable energy policy?
Energy production from renewable sources continues to expand in the U.S. at a rapid clip, thanks in no small part to the substantial growth of solar energy—and distributed solar in particular—in recent years.