renewable energy credit News

  • US Senate approves extension of renewable energy credits

    The US Senate overwhelmingly voted to extend renewable energy tax credits last week, a move that if made a law would continue credits for wind, solar, biomass and related projects for another year. The tax credits, which expire at the end of this year, were added to a housing bill by an 88-8 vote. The Housing Stimulus Bill passed with an 84-12 vote. In its current form, the extension would allow ...


  • Sun is setting on critical renewable energy tax credits

    A thriving renewable energy industry is a critical solution to problems such as high energy prices and climate change. But unless Congress extends the renewable tax credits soon, the industry’s steady growth could stall. For the past year, lawmakers have vigorously debated three inter-connected issues: energy costs, the economy, and climate change. Green power is part of the solution for all ...

  • Investors call on Congress to extend renewable energy and energy efficiency tax credits

    A group of 43 investors managing over US$1.5 trillion in assets called on the US Senate to extend tax credits for renewable energy and energy efficiency projects by at least five years to 2013.  The tax credits are set to expire at the end of this year.  Investors sent the letter to Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell in advance of expected ...


    By Ceres

  • Business Leaders Urge Congress to Extend Renewable Energy Tax Credit

    BICEP Companies and Major Consumer Brands Tout Economic Benefits of Wind Power and the Production Tax Credit SOURCE: Ceres DESCRIPTION:(3BL Media) Boston, MA – September 18, 2012 – Today, 19 companies, including major consumer brands and several Fortune 500 firms, wrote to Congressional leaders encouraging them to ...


    By 3BL Media

  • Business Leaders Urge Congress to Extend Renewable Energy Tax Credit

    Today, 19 companies, including major consumer brands and several Fortune 500 firms, wrote to Congressional leaders encouraging them to extend the Production Tax Credit (PTC), a key provision supporting renewable energy. The PTC provides a tax credit of 2.2 cents per kilowatt-hour of renewable power generated and, if lawmakers fail to act, is set to expire in 2012. Originally signed into law by ...

  • What`s the difference between carbon offsets and renewable energy credits, anyway?

    You think you understand renewable energy credits (Renewable Energy Credits 101). You're sure you understand Carbon Offsets (Carbon Offsets, Why No Two are Created Equal). You are fuzzy on the details about how they differ and when the purchase of one or the other might be appropriate. Never fear! If you can tackle those two monstrosities, this one will be a cakewalk. If you don't understand ...

  • DSM renews €500 million credit facility

    Royal DSM, the global Life Sciences and Materials Sciences company, today announces that it has entered into a committed credit facility of €500 million with certain credit relationship banks. This facility replaces a previous facility of the same amount which was scheduled to expire in October 2012. ...


    By DSM

  • Renewable Energy Industry Poised for Growth Regardless of Tax Credits

    Clean energy stocks have struggled considerably over the last month as concerns about a loss of subsidies and tax credits have led to growth concerns. The PowerShares Wilderhill Clean Energy Portfolio (PBW) is down more than 13 percent over the last month. Despite the downswing, a recent report from the Energy Information Agency argues that renewable energy production is poised for growth ...


  • AquaCritox® Qualifies For Financial Credits

    Irish firm SCFI has received a declaratory ruling from Connecticut’s Public Utilities Regulatory Authority (PURA) - part of the Department of Energy and Environmental Protection (DEEP) – qualifying its world-first AquaCritox wet waste destruction technology as a Class 1 renewable energy source. The ruling means the technology is now eligible for generous ‘low emission’ and ...


    By SCFI Group Limited

  • GESI Targets Additional Revenue of $5,000,000 Annual Renewable Producers Credit

    (PINKSHEETS: SATM) Green Energy Solution Industries, Inc. (Currently Trading as OTCPK: SATM) anticipates that its renewable energy project will qualify for additional revenue on the order of $5,000,000 annually in bio-energy credits available from the Provincial Government through 2016. The additional revenue enhancer should add to the projected $15,000,000 annual revenue from energy revenues ...


  • NREL analysis finds tax credit extensions can impact renewable energy deployment and electric sector CO2 emissions

    The Energy Department's National Renewable Energy Laboratory (NREL) today released new analysis exploring the potential impact of recently extended federal tax credits on the deployment of renewable generation technologies and related U.S. electric sector carbon dioxide (CO2) emissions. The report, ...

  • World Energy Solutions Renews $3 Million Credit Facility With Silicon Valley Bank

    World Energy Solutions, Inc. (NASDAQ: XWES), a leading energy management services firm, today announced it has extended its Loan and Security Agreement (the "Agreement") with Silicon Valley Bank ("SVB"). Under the extension, SVB has committed to make advances to the Company in an aggregate amount of up to $3,000,000 subject to availability against certain eligible account receivables and ...


  • FirstEnergy Ohio Utilities Launch Request for Proposal for 2012 Solar and Renewable Energy Credits

     FirstEnergy Corp. (NYSE: FE) announced that a Request for Proposal (RFP) will be issued to purchase All-States Solar Renewable Energy Credits (SRECs) and both In-State and All-States Renewable Energy Credits (RECs) for its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating and Toledo Edison – to help meet the renewable energy benchmarks established under Ohio's energy ...


    By FirstEnergy

  • GreenCo purchases RECTracker with Pioneer Solutions to automate its renewable energy credits (RECs) portfolio.

    Pioneer Solutions is pleased to announce that GreenCo Solutions of North Carolina has purchased the RECTracker ...


  • FirstEnergy Ohio Utilities Launch Request for Proposal for 10-Year Solar Renewable Energy Credits Generated in Ohio

      AKRON, Ohio, Jan. 30, 2012 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced that a Request for Proposal (RFP) will be conducted to secure 10-year contracts to provide Solar Renewable Energy Credits (SRECs) for customers of its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating and Toledo Edison – to help meet the renewable energy benchmarks ...


    By FirstEnergy

  • School board to sell carbon credits

    The Toronto District School Board (TDSB) and the Greening Canada Fund (GCF) signed an agreement this week under which TDSB will begin selling carbon credits to GCF - credits created from results of the Board"s efforts to make significant reductions to its greenhouse gas emissions. Over five years, this innovative transaction - one of the first of its kind - is expected to generate more than $1.7 ...


    By GLOBE SERIES

  • Is the UK ready for carbon credits, and will they work?

    eWEEK Europe UK, www.eweekeurope.co.uk, is exploring the technology impact of the UK's Carbon Reduction Commitment (CRC) scheme in its new live events channel. The online publication designed for the new era of IT is inviting people to participate in a live webinar: 'Carbon Credits, Copenhagen and UK IT':Date: Tuesday 15th December, 2009Time: ...


  • World is facing an ecological ‘credit crunch’

    The world is heading for an ecological credit crunch as human demands on the world's natural resources reach nearly a third more than earth can sustain. That is the stark warning contained in the latest edition of WWF’s Living Planet Report, the leading statement of the planet’s health. It shows that species and wildlife continue to decline, and around 50 countries are slipping into a state of ...


    By WWF UK

  • Greener export credit rules approved

    OECD countries have agreed new rules to strengthen current environmental and social due diligence processes when providing export credits and to create financially prudent incentives to support business projects with low CO2 emissions. A second agreement aims to encourage support for advanced climate-friendly technologies such as carbon capture and storage. The first agreement is an ...


    By GLOBE SERIES

  • 2012: A breakthrough for renewable energy?

    In his annual State of the Union address, President Obama declared: “I will not walk away from clean energy.” His words were a sharp rebuttal to critics harping on the Solyndra bankruptcy and others making dire predictions about the downfall of the renewable energy industry. So, who is right? Will 2012 be a breakthrough year for renewable, or will it collapse? Despite ...

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