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Tag: itc
Record-Setting U.S. Energy Storage Market Poised to ‘Accelerate Dramatically’
According to Wood Mackenzie's and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor' report, 910 MWh of new energy storage systems...
Wind Power PTC Safe Harbor Relief Is Coming
The U.S. Department of the Treasury is poised to adjust the current safe-harbor guidelines for both the production tax credit (PTC) and investment tax...
Senators Pen Letter Seeking to Extend Safe Harbor
Six U.S. Senators have written a letter addressed to Secretary of the Treasury Steven Mnuchin seeking to extend the safe harbor provisions provided under...
GREEN Act Proposes PTC, ITC Extensions
U.S. Rep. Richard Neal, D-Mass., has introduced the Growing Renewable Energy and Efficiency Now (GREEN) Act, which includes an extension of the wind power...
Lawmakers Propose ITC Extension That Would Benefit Distributed Wind
A bill that would provide a multiyear extension of the investment tax credit (ITC), including for small-scale wind power and other clean energy technology,...
IRS Issues ‘Beginning Of Construction’ Guidance For Wind Developers
The government agency has released the highly anticipated guidance updating the “beginning of construction” requirement for the production tax credit under Section 45 of the Internal Revenue Code.
U.S. Senator To Propose Bill To Extend ITC Until 2025
U.S. Sen. Edward J. Markey, D-Mass., has announced his intentions to propose a bill that would extend the investment tax credit (ITC) until 2025...