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Day: May 24, 2024

J.P. Morgan commits $680 million tax equity financing for solar and storage

Renewable energy developer Ørsted announced it has secured a $680 million tax equity financing for a portfolio of solar and storage assets in Texas and Arizona. The project portfolio includes Eleven Mile Solar Center, a 300 MW solar and 300 MW /1200 MWh storage project in Pinal County, Arizona and Sparta Solar, a 250 MW solar project …

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“Green zealots” scare Florida administration from 100% renewable goal

In a significant policy reversal, Florida has scrapped its renewable energy targets for 2050, imposed a complete ban on offshore wind projects, and eased regulations for gas pipeline expansions. May 24, 2024 Florida Governor Desantis has signed new legislation which removes the state’s goals of developing plans to reach 100% renewable electricity by 2050. Their …

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What tax credit transfer buyers need to know about IRA compliance

Excitement about the IRA continues to surge, with developers and tax credit investors poised to leverage unprecedented growth opportunities while accelerating the country’s clean energy transition. The IRA has attracted $110 billion in private investment and has created close to 100,000 jobs across the U.S. The key to ensuring expected financial returns from the IRA …

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Intersolar & Energy Storage North America opens registration for new Texas conference

Intersolar & Energy Storage North America (IESNA) announced registration is now open for its new regional event slated for November 19 to 20, 2024, at the Austin Marriott Downtown in Austin, Texas. Focused on supporting the product, information and connection needs of solar + storage professionals doing or seeking business within the state, the inaugural …

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