Tag: commercial and industrial
-
Maine offers $3 million incentive for commercial energy storage
Some state incentive programs for commercial energy storage may seem at times to lack enough financial reward to encourage adoption of new capacity, but a new program from Efficiency Maine puts the numbers upfront with potential savings of up to $3 million per participant over five years. The quasi-state organization is offering the incentives within……
-
IRA solar tax credit transfers explained for companies with low (or no) tax liability
This explainer was contributed by Laura Jones and Jason R. Eisenberg with Hunton Andrews Kurth LLP in Richmond, Va. The Inflation Reduction Act (IRA) significantly altered the landscape for the transferability of energy tax credits. The IRA added Section 6418 to the Internal Revenue Code, which permits eligible taxpayers (transferors) to transfer (sell) certain renewable……
-
Multifamily solar projects in Connecticut benefit from definition update
Thanks to a tweak in the definition of a “residential customer” as it relates to solar energy generation (via Public Act No. 21-48), residents of multifamily properties in Connecticut can now benefit more from solar energy. Connecticut Green Bank alerted us to this news and noted that it plans to expand its Solar Marketplace Assistance……
-
FLEXRACK, Alltrade team up to build 182 MW solar project portfolio in Canada
Construction has begun on a 182 MW solar project portfolio that will help two fossil fuel companies in Canada reduce greenhouse gas emissions. FLEXRACK by Qcells and Alltrade Industrial Contractors Inc. have partnered on two fixed tilt, bifacial solar panel projects located in Scotford and Aldersyde, Alberta. Once complete, the 81 MWp Scotford project will……
-
DSD raises 6.5 MW solar canopies for Caesars Entertainment in Atlantic City
DSD Renewables has completed a four canopy, 6.5 MW solar portfolio for Caesars Entertainment at two of the gaming company’s Atlantic City destinations. The installations are across Caesars Atlantic City and Harrah’s Resort and will produce approximately 8.29 MWh of clean energy each year. A fifth canopy is currently under development and is slated to be complete……