Month: May 2024

Arevon breaks ground on 228 MW solar project in Indiana

The project is expected to provide enough electricity for the equivalent of 25,000 homes. May 20, 2024 Renewables developer Arevon Energy announced it has broken ground on a 228 MW solar project in Posey County, Indiana, among the largest solar projects in the state. Betchel is the project’s engineering, procurement, and construction (EPC) contractor. The …

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Plug Power’s $1.6 billion loan guarantee for clean hydrogen facilities

The Department of Energy’s Loan Programs Office announced a conditional commitment for loan guarantee to help finance construction of up to six facilities across several U.S. states to produce clean hydrogen using Plug Power’s own electrolyzer technology. May 17, 2024 The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment to …

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New Maryland solar grant program offers up to $7,500 for eligible households

The Maryland Energy Administration today announced the launch of an important new program to provide major incentives for income-eligible Maryland households to install solar panels. Contained in the Brighter Tomorrow Act of 2024 recently signed by Governor Wes Moore, the new Maryland Solar Access program will boost solar development in the state and make it …

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Community solar legislation awaits governor’s signature in Alaska

Senate Bill 152, “Saving Alaskans Money with Voluntary Community Energy,” has passed the Alaska State Legislature and now awaits Governor Dunleavy’s signature to become law. SB 152 will allow Alaskans to subscribe to community-owned solar arrays not located on their home or property, opening up clean energy access for the first time to the more …

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Schneider Electric buys 45X tax credits from Silfab

Schneider Electric announced a collaboration with Crux, a sustainable finance technology company, to purchase Section 45X Advanced Manufacturing Production Tax Credits from Silfab Solar. Schneider Electric’s purchase of these tax credits generated supplemental investment funds for Silfab to accelerate its expansion plans for American manufacturing of solar energy for commercial and residential utilization. “We are …

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