The program focuses on 11 buildings projects, and is intended to reduce emissions associated with federal construction and promote wider adoption of environmental product declarations for building materials.
U.S. Treasury Dept. details Inflation Reduction Act investment and production tax incentives that could unlock billions for more domestic manufacturing, but projects could still gain credits even with use of polysilicon wafers that one trade group said is 95% imported from China.
Greenhouse Gas Reduction Fund advances with potential grants for thousands of projects, including half set for low-income and disadvantaged areas, but House GOP has already signaled intent to repeal it.
Report says US sector hit big development milestones last year, including project movements and three federal lease auctions that added 11.4 GW in capacity, with another set in the Gulf of Mexico, but advocacy group says this still likely won't meet Biden call for 30 GW of power deployed by 2030.
Form Energy plant on former W. Va. steel site would scale up novel approach to make batteries that can store intermittent energy longer, firm says, promising to "build strong relationships" with labor unions during construction.
State and federal tax credits drew Japan-based Envision AESC's $810-million EV battery plant and lured Pomega Energy Storage of Turkey to site a $279-million utility-scale lithium-ion and storage module facility.
Much anticipated US Treasury Dept. release adds detail on Inflation Reduction Act wage and training standards to accelerate clean energy project incentives, but some issues and potential conflicts have yet to be addressed, says industry.
Princeton report sees 2.3% annual capacity growth compared to current 1% to link growing clean energy resources, but unclear permit reforms and project approval authority are key hurdles; DOE seeks input in using Defense Production Act authority to boost component manufacture and supply.
John Podesta, a long time Democratic insider, will lead President Joe Biden’s climate team as it shifts to implementing the Inflation Reduction Act’s array of carbon-cutting provisions and incentives