A quick introduction to the solar ITC

N/A | November 10, 2017

article image
The Federal Business Energy Investment Tax Credit (ITC) is is a potential tax credit for companies that invest in eligible renewable technologies (such as solar). The credit, which is applied to your income tax debt, is equal to a percentage of the cost of eligible equipment.

Spotlight

UTC Power

UTC Power, a United Technologies Corp. (NYSE: UTX) company, is a world leader in developing and producing fuel cells that generate energy for buildings and for transportation, space and defense applications.

OTHER ARTICLES

What the Renewables Industry Wants From the Next Stimulus Bill

Article | April 1, 2020

The U.S. renewables industry was left out of the $2.2 trillion coronavirus stimulus bill passed last week, but the battle is far from over. Congress is already considering further legislation to rescue the economy from the ravages of the COVID-19 pandemic, and renewable energy groups are ready to bring their proposals back to the table. As with the last stimulus bill, the industry's plans center on securing changes to two federal policies: the Investment Tax Credit (ITC) for solar power and the Production Tax Credit (PTC) for wind power. Renewables groups have a powerful claim to make as they push for those changes: Unlike many of the industries seeking hundreds of billions of dollars in collective aid, the desired tweaks to the renewable tax credits would not add significantly to the federal government's costs.

Read More

How Artificial Intelligence is changing the Energy Sector

Article | April 1, 2020

Artificial Intelligence, or AI, has gained relevance in many different fields of our life, using machine learning to analyse historical and new data in order to make predictions, improve control operation and perform tasks much faster than a human and with more efficiency. The energy sector is using AI to increase energy efficiency by reducing consumption, improving energy storage and grid stability, making predictions about energy consumption, to have more accuracy to find oil & gas and many other applications. When it comes to renewable sources, AI is improving the weather forecasts for the development of new plants and to make better planning of control & maintenance. Let’s take a look in some projects and how they are affecting the energy sector.

Read More

This electricity sector strategy could save wallets and ecosystems

Article | April 1, 2020

Electricity is a unique kind of commodity— although it is not perishable, it is (still) hard to store on a large scale. Electricity must be generated relatively close to where it is demanded and at the time it is demanded. Therefore, operators must constantly keep an eye on the use of electricity. When demand is high, operators will signal the generators to increase their output; if less, generators get the instruction to generate less electricity. Roughly, this is how the grid works. The devil is in the details: the flexibility of power plants is unique to its type. Nuclear and coal power plants take the longest to start up and shut down, followed by oil/diesel power plants.

Read More
SOLAR+STORAGE

ClearVue Solar Glass Greenhouse Officially Opened

Article | April 1, 2020

A high-tech greenhouse comprised mainly of solar glass generating electricity to help run it was officially opened yesterday in Western Australia. ClearVue Technologies Limited’s solar glass involves a nanoparticle interlayer and spectral-selective coating on the rear external surface that enables 70% of natural light to pass through while redirecting infrared and UV light converted to infrared to the edge where it is harvested by solar cells. ClearVue says each 1m2 of its window product is currently rated to generate 30 watts-peak of electric power, but also mentions a new-generation product with the proven ability to generate 40 watts peak per m2 to be available sometime this year.

Read More

Spotlight

UTC Power

UTC Power, a United Technologies Corp. (NYSE: UTX) company, is a world leader in developing and producing fuel cells that generate energy for buildings and for transportation, space and defense applications.

Events