Washington State August 30, 2010 The State of Washington has awarded Cascade Community Wind Company (CCWC) one million dollars (30% grant 70% low interest loan) to help install up to eight community wind turbines before December 2011.
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.
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.
Washington, D.C. - The U.S. Treasury Department has announced the second round of awards for cash assistance to energy producers in place of tax credits. This provides provides an additional $550 million, bringing the total to more than $1 billion awarded to dateto companies committed to investing in domestic renewable energyproduction.
The American Recovery and Reinvestment Act of 2009 extended many consumer tax incentives originally introduced in the Energy Policy Act of 2005 (EPACT) and amended in the Emergency Economic Stabilization Act of 2008 (P.L. 110-343).
Washington, D.C. - Marking a major milestone in the effort to spur private sector investments in clean energy and create new jobs for America's workers, Treasury Secretary Tim Geithner and Energy Secretary Steven Chu announced $502 million in the first round of awards from an American Recovery and Reinvestment Act (Recovery Act) program that provides cash assistance to energy production companies in place of earned tax credits.
This handout is a compilation of Minnesota-specific and federal incentives for wind energy systems. The list is divided into programs that are funded by the American Recovery and Reinvestment Act of 2009 (the stimulus bill) and programs that are funded through other sources. This list was last updated August 21, 2009.
The National Renewable Energy Laboratory (NREL) has published a report analyzing the impacts that state level feed-in tariff policies can have on the renewable energy industry across the country. The report uses data and reports from around the world to highlight the various benefits that a feed-in tariff type of policy can have on renewable energy development.
Washington, D.C., July 9, 2009 - The United States Treasury Department posted guidance documents for the cash grant program created in section 1603 of the American Recovery and Reinvestment Act of 2009 (ARRA) including:
- Program guidance document
- Terms and conditions
- Sample application
American Recovery and Reinvestment Act
Recovery and Reinvestment Act
Now that Congress has passed and President Obama has signed the American Recovery and Reinvestment Act of 2009, how will this help to stimulate Community Wind projects? According to Denise Bode, American Wind Energy Association CEO, "the stimulus bill contains a number of provisions aimed at helping our industry continue the very strong growth in new installations and new jobs we have seen over the past few years."