A new report from Lawrence Berkeley National Laboratory reveals how the 30% investment tax credit (ITC) and cash grant equivalent have increased benefits for the development of Community Wind projects. “Revealing the Hidden Value that the Federal Investment Tax Credit and Treasury Cash Grant Provide To Community Wind Projects” analyzes the impact of new federal policies for wind farm investment incentives introduced this year as part of the U.S. economic stimulus program.
Commercial (Large) Scale
A new study answers a long-nagging question of whether property values will decline due to nearby wind energy development. The answer is no, according to a report released by the Lawrence Berkeley National Laboratory, funded by the U.S. Department of Energy: "The Impact of Wind Power Projects on Residential Property Values in the United States: A Multi-Site Hedonic Analysis."
The Environmental Law & Policy Center has published an updated version of the Community Wind Financing Handbook. This guide reflects new financing opportunities available from federal energy and economic stimulus legislation, the new Farm Bill, and state incentives.
Webinar Series: Financing for Community Wind and Community Energy Projects
This is a recording of the first in a four-part webinar series at no charge that will provide attendees with vital information regarding Community Wind and Community Energy project financing in the new policy environment of the American Recovery and Reinvestment Act of 2009.
The Interstate Renewable Energy Council (IREC) has just released the 2009 updates for its highly respected and influential rules and procedures for interconnecting and net metering distributed generation.
"You'll find that a lot of wind-energy developers are reluctant to come to South Dakota because they don't know anyone and they don't know about our resources," says Steve Wegman of the South Dakota Wind Energy Association
Washington, D.C. - The U.S. Treasury Department has announced the second round of awards for cash assistance to energy producers in place of tax credits. This provides provides an additional $550 million, bringing the total to more than $1 billion awarded to dateto companies committed to investing in domestic renewable energyproduction.
A new study released by the Minnesota Office of Energy Security shows that the state's power grid could accomodate 600 megawatts of new renewable energy capacity by making upgrades to electric transmission systems. A previous study had shown that another 600 MW could be added to the existing tranmission grid without impacting it's performance.
The Minnesota Clean Energy Resource Teams (CERTs) is providing financial assistance for energy efficiency and/or renewable energy projects requiring technical assistance. Project funding can support technical assistance services (labor costs only, such as for a consultant, design professional, installer or student labor), for projects in all seven Minnesota CERT regions (Central, Metro, Northeast, Northwest, Southeast, Southwest and West Central).
All applications are due no later than 4:30pm, November 2nd, 2009.
Washington, D.C. - Marking a major milestone in the effort to spur private sector investments in clean energy and create new jobs for America's workers, Treasury Secretary Tim Geithner and Energy Secretary Steven Chu announced $502 million in the first round of awards from an American Recovery and Reinvestment Act (Recovery Act) program that provides cash assistance to energy production companies in place of earned tax credits.