What is a Production Tax Credit (PTC)? A Production Tax Credit (PTC) is a per kilowatt-hour (kWh) tax credit for electricity generated by solar and other qualifying clean technologies for the first 10 years of a system’s operation at a project or facility (collectively “projects”).[1] The PTC reduces the federal income tax liability and is
(WO) — Gran Tierra Energy has announced plans to acquire i3 Energy plc in a cash and share deal valued at $225 million. The transaction, which will be executed through a court-sanctioned scheme, involves Gran Tierra offering 10.43 pence in cash per i3 Energy share and one Gran Tierra share for every 207
Chinese officials are highlighting the launch of the first of a new generation of highly energy-efficient inland cargo ships. The vessels feature a standardized design for mass production and will be the leaders in the modernization of China’s inland operations. The two ships were launched on August 22 at the Shandong Xinneng Shipbuilding Company.
A special S.C. Senate panel charged with finding a path forward from the wreckage of last session’s failed energy bill convened for the first time August 22 to take sworn testimony from representatives of the state’s three major power utilities. The story that the utilities told committee members was simple: South Carolina is currently the
CHATTANOOGA, Tenn. — The average household in Chattanooga can expect to pay more for their power starting in October. The Tennessee Valley Authority (TVA) board has approved a more than 5 percent base rate increase. And some argue this increase is not necessary. This is the second rate hike from TVA in the last 12-months.
Southwestern Energy’s SWN short percent of float has fallen 9.39% since its last report. The company recently reported that it has 32.32 million shares sold short, which is 3.28% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.17 days to cover their short positions on
Lara Hata/E+ via Getty Images Introduction The ‘Undercovered’ Dozen is a Seeking Alpha editor-curated series highlighting 12 undercovered stock articles on our platform for you to have another source for idea generation. Today we’re looking at articles published between August 16th – 22nd. Take a look at what these less-covered stocks might hold for you.
It’s been two years since the nation’s historic climate law, the Inflation Reduction Act, was signed. The IRA is the biggest investment in clean energy projects in US history, and many Americans don’t know about it even though some of its programs could directly benefit consumers, like the Residential Clean Energy Tax Credit. Flora Cardoni,
Honeywell announced a significant expansion of its licensing agreement with AFG Combustion and its subsidiary, Greens Combustion Ltd., to include Callidus flares. This expanded agreement not only doubles the range of greenhouse gas-reducing Callidus Ultra Blue Hydrogen process burners but also enhances global customer support. This collaboration is well-suited for the global trend of adopting
Leaders from the Department of Energy (DOE) and Lawrence Berkeley National Laboratory celebrated the construction of the foundations for the lab’s newest facility on August 21, 2024. The Seismic Safety and Modernization (SSM) project is replacing the previous cafeteria building, which served the lab for 70 years. (The previous facility could not meet today’s standards