Topic: Tax Credits

Opportunity zones, part of the Tax Cuts and Jobs Act, allow investors to place their capital gains in legally established funds for projects in economically distressed areas defined by the federal government. A secondary attribute, appealing to clean energy developers, is that opportunity zone funds can be used for solar, microgrids, electric vehicle charging stations and energy storage.

More than 200 mayors across the U.S. have sent a letter urging Congress to pass a five-year extension of the solar Investment Tax Credit (ITC) with a particular focus on creating jobs and drawing investment. The bipartisan group of 231 mayors from 39 states and representing cities both large and small want Congress to pass the Renewable Energy Extension Act, which would result in the ITC extension.

"With each passing day it seems like another large company, like Amazon or Target, announces new solar procurements or bold renewable energy commitments. These companies make the headlines, but the untold success story of solar power in America can be found in small businesses across the country that are making those deals happen."

Less than a year after the U.S. wind industry swore off federal tax credits, its top lobbyist wants another go at the incentive that helped it become the cheapest source of new energy in much of the world.

A fading American tax credit will soon test corporations’ enthusiasm for clean energy.

The twin bills would extend the 30% Investment Tax Credit (ITC) for another five years, with an identical step-down schedule.

"In the United States, Opportunity Zones have provided developers with new possibilities. The race is now on to determine whether renewable energy developers can catch up to their real estate counterparts in utilizing this new tool."

The U.S. wind market is losing the main subsidy that’s fueled its spectacular rise to 100GW. Not everyone is sad to see it go.

Georgia’s Debbie Dooley is a founding member of the Tea Party movement, as well as an advocate for renewable energy and president of Conservatives for Energy Freedom. In an interview with CEFF, Dooley discussed where alternative energy can fit into a conservative political philosophy, how to build bipartisan support for clean energy, and her vision for state and federal policy.

With so much happening at a state level in solar power and energy efficiency, it is difficult to keep up with the variety of approaches and perspectives. So the Yale Center for Business and the Environment is here to help by launching “States of Clean Energy Innovation,” an online news hub with customized clean energy data and stories about the United States and Puerto Rico. Each state is different. Each state has thoughtful leaders working on our transition to clean energy. And each state deserves its own dashboard.

Clean Energy Finance Forum

Topic: Tax Credits

Opportunity Zones Could Boost Clean Energy

Hundreds of Mayors Urge Congress to Extend Solar ITC

Fueling Small Solar Business Growth Requires the ITC

In a Reversal, Wind Power Industry Wants More US Tax Credits

Corporate America’s Hunger for Green Power Is Facing a Big Test

5-Year ITC Extension Introduced in US House, Senate

Opportunity Zones Can Drive Development Of US Renewable Energy

Another Wind PTC Extension? No Thanks, Many in Industry Say

Debbie Dooley on the Conservative Case for Clean Energy

Introducing "States of Clean Energy Innovation," A News and Data Hub