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HomeIRA

IRA

energy
Energy Storage

Unlocking the power of renewables with energy storage

July 6, 2023 Mariel Alumit

An increase in energy storage capacity will unlock the power of renewables and, ultimately, play a key role in unlocking a successful energy transition. By pairing more renewable energy projects with energy storage, renewable energy […]

Energy Transition

How the Inflation Reduction Act is helping to jumpstart New Hampshire’s long-stalled climate plan

July 1, 2023 Mariel Alumit

​ New Hampshire — long an outlier among New England states on climate action — is on its way to creating a new climate plan for the first time in 14 years. The state budget […]

Oilfield
CCUS

Oilfield Service Giants Are Betting Big On ‘New Energy’ Tech

June 27, 2023 Mariel Alumit

Oilfield services companies are ramping up activity in low-carbon energy. Service companies focused on equipment and technology naturally benefit from new businesses earlier in the cycle. Current revenues from new energy businesses for the top […]

energy
Political

Clean energy sector debates impact of GOP efforts to repeal tax credits

June 20, 2023 Mariel Alumit

Republican attacks on the Inflation Reduction Act’s clean energy tax credits may be negatively impacting the sector, some industry players and experts say. They say the GOP’s efforts to eliminate the subsides risks creating uncertainty […]

US
Investments

US Inflation Reduction Act ‘to spur $3 trillion investment in renewable energy tech’

April 24, 2023 Mariel Alumit

The US Inflation Reduction Act (IRA) will spur about $3 trillion of investment in renewable energy technology, according to Goldman Sachs. It could double the amount of energy produced by the US shale revolution more than a […]

Siemens
Climate Crisis

From GE to Siemens, the wind energy industry hopes billions in losses are about to end – CNBC

April 23, 2023 Mariel Alumit

ENB Pub Note: Can the losses really happen if the regulations get in the way of the tax credits and the supply line controlled by China for over 75% of the materials? Throw the current […]

US
Renewables Not Sustainable

US grid interconnection backlog jumps 40%, with wait times expected to grow as IRA spurs more renewables

April 21, 2023 Mariel Alumit

Dive Brief: The total capacity of energy projects in U.S. interconnection queues grew 40% year-over-year in 2022, with more than 1,350 GW of generation and 680 GW of storage waiting for approval to connect, according […]

Energy Crisis

Renewable energy investors squeezed by higher interest rates, costs

March 12, 2023 Mariel Alumit

NEW YORK/HOUSTON, (Reuters) – Corporations and investors have been pouring money into renewable energy projects, seeing an opportunity to grasp the Holy Grail of socially conscious investing: do good while doing well. But sharply higher […]

First Solar
Finance

First Solar To Invest $1.2 Billion Into US Manufacturing The Daily Financial Trends

August 31, 2022 Mariel Alumit

First Solar (FSLR) announced it will invest $1.2 billion into manufacturing facilities in the US, now that the Inflation Reduction Act (IRA) has passed. Already the largest US-based solar manufacturer, $1 billion of that investment […]

Energy Sector’s Relative Strength Against The Market Is Looking Very Attractive
ENB Pub Note

What the Inflation Reduction Act of 2022 Means for Renewable Energy Developers, Investors and Manufacturers

August 21, 2022 Mariel Alumit

McDermott Will & Emery’s Summary of the IRA is below.  On July 27, 2022, Senator Joe Manchin (D-WV) and Senate Majority Leader Chuck Schumer (D-NY) announced that they had reached an agreement on a proposed […]

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