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Tax
Battery
LG Energy Solution Announces ESS Revenue Growth, New Products
LG Energy Solution has recorded third-quarter 2024 consolidated revenue of KRW 22.18 trillion ($323 million) and an operating profit of KRW 751.9 billion, inclu…
Biofuel
Cargill, Bunge Slow Soybean Buying on Stalled US Biofuels Policy
Agriculture giants including Cargill Inc. and Bunge Global SA are slowing their buying of soybeans due to uncertainty over US biofuels policy.The lack of guidan…
Solar project
How American Tax Breaks Brought a Chinese Solar Energy Giant to Ohio
From the outside, these are the hallmarks of the 21st century clean energy manufacturing boom promised by the Biden administration, the result of sweeping incen…
Solar Power Plant
BrightNight and Cordelio Power Secure $260M for 300MW Solar Project
The Box Canyon solar project will generate clean energy sufficient to power 77,000 Arizona homes. Credit: bombermoon / Shutterstock.Renewable integrated power c…
Energy Transition
Eco-tax Threatens German Business, Says RWE Chief
According to RWE CEO Dr Dietmar Kuhnt, the eco-tax introduced in 1999 has failed. It has not achieved its aims and has become a risk for Germany as a place for …
Carbon Emissions
Canada May Reach 2030 Emissions Goal Without Unpopular Carbon Tax
Canada's Prime Minister Justin Trudeau walks to a climate change conference in Ottawa, Ontario, Canada October 18, 2022. REUTERS/Blair Gable/File Photo Purc…
Energy Storage System
Georgia Power Identifies Sites for 500MW BESS Projects in US
Each BESS project is poised to benefit from customer cost-reducing tax incentives. Credit: Es sarawuth / Shutterstock.Georgia Power has announced the locations …
Photovoltaic (PV)
Sweden Installed 460 MW of Solar Photovoltaic (PV) in H1
Sweden installed 460 MW of solar PV in the first half of 2024, following a record year of deployment in 2023. However, market growth has been slow due to lower …
Solar Power Plant
Swift Current Energy Gains Finance for 800MW Solar Facility From Google
The solar project is located 30 miles west of Springfield, Illinois. Credit: Suranto W / Shutterstock.Swift Current Energy has secured a tax equity investment f…
Oil & Gas Trade
India Raises Windfall Tax on Petroleum Crude
File photo: Storage tanks of an oil refinery of Essar Oil, which runs India's second biggest private sector refinery, are pictured in Vadinar in the western…
Solar Power Plant
New Tariffs From AD/CVDInvestigations Could Stall U.S. Solar Industry – Cea
(A photovoltaic solar cell)Solar has become the lowest-cost form of new generation in the United States, but the economics behind the manufacturing and procurem…
Energy Taxation
IRS Issues Guidance on Registration for 45Z Clean Fuel Production Tax Credit
The U.S. Department of the Treasury and Internal Revenue Service on May 31 issued guidance on how to register for the Section 45Z Clean Fuel Production Tax Cred…
Energy Taxation
Biden Administration Expands Tax Credits Beyond Wind, Solar
The sun rises behind windmills at a wind farm in Palm Springs, California, February 9, 2011. REUTERS/Lucy Nicholson//File Photo Purchase Licensing RightsThe Bid…
Oil Field
North Sea Energy Firms Look Beyond UK After Tax Squeeze
Aerial view of the Gullfaks C oil platform, North Sea, August 23, 2023. REUTERS/Nora Buli/File Photo Purchase Licensing RightNorth Sea oil and gas producers are…
Geothermal Power Project
CTR to Receive $30 Million Tax Credit From California to Support Geothermal Lithium Project
Controlled Thermal Resources CEO Rod Colwell and California Governor Gavin Newsom at the project site of CTR in Imperial County (source: Governor Newsom via Twi…
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