For the first time, local governments and other tax-exempt entities can access tax credits directly to reduce the cost of their eligible clean energy projects, such as solar and battery storage
Designed to tackle the intermittency of wind and solar power, this pumped hydro initiative could store enough electricity to power 200,000 homes for 8 hours—equivalent to keeping Sydney
New Utility-Scale Renewable Energy Infrastructure Builds On Previous Efforts: The Act builds on previous legislative efforts to encourage renewable energy assets across Illinois and calls for
The government said the big battery project will be capable of responding rapidly to network constraints and will be able to store enough renewable energy to power one-third of
The Inflation Reduction Act modifies and extends the clean energy Investment Tax Credit to provide a 30 percent credit for qualifying investments in wind, solar, energy storage, and other
This white paper overviews provisions in the Inflation Reduction Act of 2022 ("IRA") and associated implementation guidance in effect as of the date reflected that provide tax credits
PDF version includes complete article with source references. Suitable for printing and offline reading.
