The Community Change Grants program established through the Inflation Reduction Act will support projects that launch
clean energy or improve climate resilience.
Incentives tied to craft worker compensation and apprenticeship on clean energy projects won't require developers to have project labor agreements, says the U.S. Treasury Dept.
U.S.
based giant First Solar also said it will spend $1.1 billion to build its
fifth domestic component factory in Louisiana, as India and China-based manufacturers plan new American capacity boosts
Officials attribute the rise in manufacturing construction spending to the CHIPS and Science Act and other legislation that has incentivized private investment.
Second Massachusetts project, SouthCoast Wind, files to terminate project power agreement, and could face up to a $60-million fine, while developers in New York and New Jersey seek contract cost adjustments
The U.S. Energy Dept. updates its strategy to cut emissions with clean hydrogen, but the Treasury Dept. won't propose until summer rules on how emissions from its production are counted when awarding critical project tax incentives outlined in the 2022 climate law.