Inflation Reduction Act (IRA)

China To Hold 80% Wind Deployment In Asia-Pacific In Five Years: Report

A recent report by Wood Mackenzie on the renewable energy growth in Asia Pacific market stated, “Despite short-term hurdles such as cost inflation, construction delays and higher interest rates, the economics of offshore wind are improving strongly in the late 2020s. It’s supporting a strong future for the technology in Asia Pacific markets.” The Wood […]

Read more

IRA Can Lead To Creation of 4L Jobs In US, Says Report

A latest report analysing the performance of the Inflation Reduction Act (IRA), in the US in the first-year claimed that the move could lead to the creation more than 400,000 new jobs and hundreds of billions of dollars of investments. The report was released by E2 a business group. It shared the update on the […]

Read more

Residential Costs Stayed Flat from 2020 to 2022 & then Declined in 2023: NREL

The National Renewable Energy Laboratory (NREL) has released its annual report on ‘U.S. Solar Photovoltaic System and Energy Storage Cost Benchmarks.’ The report tracks the solar cost trends to support the U.S. Department of Energy Solar Energy Technologies Office. It aims to accelerate the advancement and deployment of solar technology and gives an account of […]

Read more

New IRA Provision To Increase Access To Clean Vehicle Credits In US

The US Treasury Department and the Internal Revenue Service (IRS) released guidance that will lower costs for consumers and help car dealers grow their businesses. They will do so by increased access to Inflation Reduction Act (IRA) credits at the point of sales for new and previously owned clean vehicles, a report says.  The IRA […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll