Skip to main content

6 clean energy companies that are ramping up US manufacturing

The Inflation Reduction Act provides billions of dollars in tax credits and loans, helping to spur investment in domestic production.  

he Inflation Reduction Act dedicates a historic $369 billion to support energy and climate initiatives, such as expanding domestic manufacturing capacity. This includes an estimated $30 billion in production tax credits aimed at accelerating U.S. manufacturing of batteries, solar panels, wind turbines and other clean energy technologies — along with tens of billions more in the form of investment tax credits and loans. 

Since the legislation passed in August, a number of companies have announced major initiatives to expand renewable energy manufacturing in the U.S. But how much of that is directly attributable to the Inflation Reduction Act? 

It’s hard to point to most of these announcements and say definitively that they hinged on the major legislation package, Harry Godfrey, managing director at trade group Advanced Energy Economy, said. Making a decision around building a new facility or even expanding a facility is not something that happens overnight.”

https://www.canarymedia.com/articles/clean-energy/6-clean-energy-companies-that-are-ramping-up-us-manufacturing

Comments

Popular posts from this blog

4 technologies that are accelerating the green hydrogen revolution

Green Hydrogen through Electrolysis: Fuelling the Future | WRI INDIA (wri-india.org) Anuraag Nallapaneni  and  Krishnaveni Malladi  -  August 25, 2021   This is the second in a series of blogs on hydrogen, which will involve discussions around range of electrolysis technologies currently available at commercial and laboratory levels. Given the rising global consensus towards the transition towards a green hydrogen economy in coming decades, availability of commercially operable electrolysis technologies will act as a backbone of hydrogen deployment across sectors. Maturity of electrolysis technologies would also be critical in facilitating India’s 450 GW RE target, given electrolysis’s ability to manage duck curve challenges through its power to gas (P2G) applicability, further banking on hydrogen’s ability to act as a long-term energy storage medium. Read the first blog  here . Splitting water molecules, or the process of electrolysis, is one of the most p...

Platform Opportunities in Green Energy

  Creating platforms in green energy offers significant opportunities across various sectors, driven by the global transition to sustainable energy. Below are some key areas where platforms can be developed: 1. Renewable Energy Trading Platforms Peer-to-Peer (P2P) Energy Trading: Platforms that enable individuals and businesses to trade surplus energy from solar panels or wind turbines directly. Virtual Power Plants (VPPs): Aggregating energy from distributed sources to create a network that functions as a single power plant, balancing supply and demand in real-time. 2. Energy Management and Optimization Smart Grid Platforms: Tools for utilities and consumers to optimize energy use, monitor consumption, and manage loads during peak demand. Energy-as-a-Service (EaaS): Platforms offering subscription models for energy management, including energy efficiency, consumption analytics, and equipment optimization. 3. Carbon Credit and Offset Platforms Carbon Trading Platforms: Facilit...

Advantages & Disadvantages of Hydroponics

 https://www.trees.com/gardening-and-landscaping/advantages-disadvantages-of-hydroponics by Amanda Brahlek | Professional Gardener – last update on January 16, 2023 Over the last decade, people’s interest in how their food is produced has increased greatly. More consumers want “safe” food that’s been produced with sustainable, mindful growing practices and is free from pesticide residues. As a result, more consumers are choosing to grow their own food and many are exploring hydroponics for doing so. If you’re thinking of embarking on a hydroponics project, you’ll first need to learn the fundamental concepts of growing plants hydroponically. On this page, you’ll discover the basics of hydroponics as well as the advantages and disadvantages of using a hydroponics system. What Is Hydroponics? Hydroponics is a method of growing plants indoors without using any soil. Instead of pulling mineral nutrients needed for growth from the ground, plants get all of their ...