Washington, DC, January 21, 2010 - U.S. Department of Energy Secretary Steven Chu announced today the selection of five projects to receive more than $20.5 million from the American Recovery and Reinvestment Act to support deployment of community-based renewable energy projects, such as biomass, wind and solar installations. These projects will promote investment in clean energy infrastructure that will create jobs, help communities provide long-term renewable energy and save consumers money.
A new report from Lawrence Berkeley National Laboratory reveals how the 30% investment tax credit (ITC) and cash grant equivalent have increased benefits for the development of Community Wind projects. “Revealing the Hidden Value that the Federal Investment Tax Credit and Treasury Cash Grant Provide To Community Wind Projects” analyzes the impact of new federal policies for wind farm investment incentives introduced this year as part of the U.S. economic stimulus program.
Proposals are being accepted by the Inland Empire Utilities Agency Headquarters, a Municipal Water District, for a Power Purchase Agreement required for the design, installation, operation and maintenance of a Wind Turbine Power System at Regional Plant #4 (RP-4). A design-build option is also being solicited in Section 2.b.ii. This RFP provides Vendors with information to prepare and submit proposals for consideration by the Agency.
Dallas, TX - Develop a successful & cost effective O&M strategy to ensure you dramatically reduce turbine downtime and boost your wind farm's power production.
Are you new to the wind industry or part of an already established company, confused and undecided by what options for O&M are most suited to you and your wind farm's needs? Well, don't look further - join America's number one operation and maintenance forum - the only summit that will save you both time and money by helping you evaluate what is best for your wind fleet.
A new study answers a long-nagging question of whether property values will decline due to nearby wind energy development. The answer is no, according to a report released by the Lawrence Berkeley National Laboratory, funded by the U.S. Department of Energy: "The Impact of Wind Power Projects on Residential Property Values in the United States: A Multi-Site Hedonic Analysis."
The Environmental Law & Policy Center has published an updated version of the Community Wind Financing Handbook. This guide reflects new financing opportunities available from federal energy and economic stimulus legislation, the new Farm Bill, and state incentives.
Webinar Series: Financing for Community Wind and Community Energy Projects
This is a recording of the first in a four-part webinar series at no charge that will provide attendees with vital information regarding Community Wind and Community Energy project financing in the new policy environment of the American Recovery and Reinvestment Act of 2009.
PTC, ITC or Cash Grant:
Where should a community wind developer begin?
Thursday, August 27, 2009
This webinar presented information about:
- The opportunities relating to each incentive as outlined in the ARRA
- What it takes to get a U.S. Treasury Cash Grant in lieu of tax credits, including:
- How to access the funds
- How and when to get project costs certified
- What to expect in the application process
- What the requirements are for submission
Lisa Daniels, Windustry
Jim Duffy, Nixon Peabody LLP
Forrest David Milder, Nixon Peabody LLP
Matt Ferguson, Reznick Group
Julie Newland, Reznick Group
Kevin Schulte, Sustainable Energy Developments
A transcript in Adobe Reader (PDF) format is also available in the link below:
Windustry Webinar Transcript
In-kind sponsorship of this webinar was provided by National Renewable Energy Lab (NREL), Nixon Peabody LLP, Reznick Group, and Sustainable Energy Developments (SED).
Detroit, MI - One of the most significant barriers to the growth in deployment of mid-size turbines in the United States is the lack of turbines; there are few mid-size turbines on the market today. To fill this technology gap, the U.S. Department of Energy (DOE) and the National Renewable Energy Laboratory (NREL) will launch a Mid-size Wind Turbine Development Project in FY 2010 to facilitate the development and commercialization of mid-size wind turbines.
The Interstate Renewable Energy Council (IREC) has just released the 2009 updates for its highly respected and influential rules and procedures for interconnecting and net metering distributed generation.