renewable energy credit News

  • 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 ...

  • 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 ...


  • 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

  • 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 ...


    By Marketwire

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

    FirstEnergy Corp. (NYSE: FE) announced that a Request for Proposal (RFP) will be conducted to secure 10-year Renewable Energy Credits (RECs) and 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 established under ...


    By FirstEnergy

  • 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 ...

  • 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 ...

  • 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 ...


  • Extreme Biodiesel Receives Approval for Renewable Fuel Standard II (RIN) Credit

    BookMerge Technology, Inc. (OTCBB: BRKM), through its wholly owned subsidiary Extreme Biodiesel, is proud to announce that the company's biodiesel has been approved for the RIN credit. Carbon Solutions Group has agreed to sponsor Extreme Biodiesel for the EPA Renewable Fuel Standard II (RIN) and California Low Carbon Standard (LCFS) registrations. This agreement also include procedures for ...


    By Marketwire

  • Hawaii Governor Signs Renewable Fuels Production Tax Credit

    On July 6, 2016, Hawaii Governor David Ige signed SB 2652 Related to Taxation -- Locally Produced Renewable Energy. This bill establishes a five-year renewable fuels production tax ...


    By Bergeson & Campbell, P.C.

  • 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

  • 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 ...


    By PRWeb

  • 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 Foundation

  • 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 ...


    By Marketwire

  • 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

  • ORMI Increases Lease Credit Facility

    Organic Resource Management Inc. (TSX VENTURE: ORI) ("ORMI" or "the Company"), today announced that the Royal Bank of Canada ("RBC") has increased ORMI's lease credit facility from $1,500,000 to $2,500,000. The Company currently only has one lease drawn on this facility with an outstanding principal balance of $307,000. The Company plans to use this lease credit facility to fund equipment for ...


    By Marketwire

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