For distributed solar plants that generate power mostly for consumption by targeted industries and commercial users, the subsidy level will be lowered to 0.10 yuan ($0.0148) per kilowatt hour (kWh), the state planner said BEIJING: * China will cut subsidies to some of newly installed solar power generators from July 1, the National Development and […]
Sluggish Uptake From Renewables Sector as Clock Ticks on US ‘Opportunity Zones’
Only 11 funds focused on renewable energy have been established to take advantage of “money fire hose” from the Opportunity Zones incentive program. The clock is ticking for renewables developers to grab a bonus handed out in the Trump administration’s 2017 tax reform, celebrated by the Treasury this week. The Tax Cuts and Jobs Act […]
‘Obvious benefits’ of ITC for energy storage could even meet Trump’s energy resiliency aims
A push to establish an Investment Tax Credit (ITC) for energy storage has not only been welcomed by clean energy advocates and the industry, but might also meet the some stated aims of the Trump administration’s energy policies, an analyst has said. Michael Doyle, a Democrat, has proposed in the US House of Representatives the […]
Total Global EV Sales to Hit 4 Million This Week
Adding the next million electric vehicles will take just over six months, according to Bloomberg NEF. Buckle up. Electric vehicle sales are shifting into high gear. Cumulative passenger EV sales worldwide are set to hit 4 million this week, according to Bloomberg New Energy Finance. The next million EV mark could be reached slightly later if Tesla […]
