Author: solarenergy

The Treasury Department and Internal Revenue Service issued a statement final regulations today describes rules and definitions for the transfer of eligible credits in a taxable year, including specific rules for partnerships and S corporations. The Inflation Reduction Act and the Creating Useful Incentives to Produce Semiconductors Act (CHIPs) allow taxpayers to take advantage of certain manufacturing investments, clean energy investments, and production tax credits through optional wage or transfer provisions. For taxable years beginning after December 31, 2022, eligible taxpayers may elect to transfer all or a portion of eligible credits to unrelated taxpayers for cash payments. The unrelated…

The rise in global temperatures is a concern that many are taking seriously. Governments, big companies, small businesses, and everyday people are looking for ways to reduce greenhouse gas emissions to lessen climate change risks. One method that’s gaining a lot of attention is using carbon credits. This idea helps provide financial rewards for those who cut down on emissions and support the growth of clean energy sources. This article is the 5th part of our new series based on our 2023 Climate Change and Carbon Markets Annual Report. The series so far includes: In this post, we’re going to…

With global temperatures continuing to rise, governments and corporations are looking for ways to reduce greenhouse gas emissions. One method that’s gaining popularity is the use of Carbon Credits to incentivize emissions reductions and support renewable energy development. This article is the 3rd in a series we’re doing based on our widely respected Climate Change and Carbon Markets 2023 Report.  Previous posts in the series are: In this article we examine what carbon credits are, and how they work as part of a broader emissions reduction strategy. What Are Carbon Credits?A carbon credit represents one ton of carbon dioxide or other greenhouse…

BOSTON , April 25, 2024 /PRNewswire/ — IDTechEx, a trusted provider of independent market information, announces the availability of a new report, “Carbon Dioxide Removal (CDR) 2024-2044: Technologies, Players, Carbon Credit Markets, and Forecasts.” It is becoming increasingly clear that removing carbon dioxide (CO₂) from the atmosphere will be necessary to prevent global warming above 1.5-2°C. Estimates vary, but climate scenarios indicate that it will be nearly impossible to meet the Paris Agreement targets without using carbon dioxide removal (CDR) solutions. This leads to more attention from researchers, governments, investors, entrepreneurs and various companies with ambitious climate goals. This new…

TORONTO, ON / ACCESSWIRE / April 25, 2024 / Star Royalties Ltd. (“Star Royalties”, or the “Company”) (TSXV:STRR),(OTCQX:STRFF), through its joint venture, Green Star Royalties Ltd. (“Green Star”), is pleased to announce the execution of a definitive royalty agreement with NativState LLC (“NativState”) to acquire several gross revenue royalties (each a “Royalty”, and collectively, the “Royalties”) on a carbon offset-issuing portfolio of Improved Forest Management (“IFM”) projects in the southeastern United States. NativState is an Arkansas-based forest carbon project developer focused on aggregating small-to-medium forest landowners into IFM projects being developed under the American Carbon Registry (“ACR”). The Royalties are…

Based in Berlin good carbon has raised €5.25 million for its long-term carbon credit portfolios. goodcarbon aims to combine solutions to global warming, biodiversity loss and global inequality by facilitating carbon offsets. The growth in purchasing carbon credits to offset residual emissions has naturally led to the development of multiple modes and methods of purchasing. By 2022, the primary market for carbon credits is expected to reach $1.2 billion (Trove)This number is expected to reach $40 billion by 2040. Founded in 2021, Goodcarbon offers a digital investment and trading platform made in Germany. The startup encourages conscious companies to conserve…

Kiran Bhatraju Arcadia has completed a growth round to support the expansion of its community solar program, alongside products that leverage AI to unlock new use cases based on the company’s energy data. The round includes a fund managed by Macquarie Asset Management as a new equity investor, alongside existing investors Energy Impact Partners, JP Morgan Asset Management, BoxGroup, G2 Venture Partners, Camber Creek, Triangle Peak Partners and Broadscale Group. “This funding will allow Arcadia to continue to meet growing demand from our more than 300 enterprise customers and more than 75 community solar developer…

The Ohio Air Quality Development Authority (OAQDA) and the Ohio Environmental Protection Agency (Ohio EPA) announced they will collaborate to administer a $156 million program to expand the use of renewable solar energy in traditionally underserved communities in Ohio. As part of the new program, the agencies will provide grants and low-cost financing for residential and community solar projects in underserved areas of Ohio, ultimately lowering electric bills for low- to moderate-income households. The new program will focus on maximizing the number of underserved households with solar energy generation, delivering cost savings to families and improving air quality through reduced…

Tai Nguyen BW solar energy is selling 12 solar projects in New York State with a combined capacity of 76.7 MW to Catalyze. The transaction includes a portfolio of six pre-construction projects and a further six in the early development phase. The group of notice-to-proceed projects is intended for commercial exploitation this year and next year. “BW Solar is committed to the energy transition by conceiving and developing high-quality renewable energy projects, and this transaction is a testament to our execution expertise,” said Tai Nguyen, CEO of BW Solar. “We were pleased to work with…

Cleaning solutions company Chemitek Solar has revealed the results of a study into the ecotoxicity of its Solar Wash Protect (SWP) and Water Softening Agent (WSA) products for use in cleaning floating PV (FPV). This new report, carried out by the Portuguese laboratory Center for Waste Valorization (CVR), assessed and confirmed the safety of the products for the aquatic fauna and flora commonly found in the water bodies where FPV is installed. The research shows that the SWP only requires a water column under the modules, with a depth of 6 cm (2.36 inches) to remain below the safety threshold.…