Renewable Energy News Briefs - December 2021

Tuesday, December 7, 2021

The American Clean Power Association’s (ACP’s) third-quarter report, issued Oct. 25, states that the nation added 3,336 megawatts of new renewable energy capacity during the third quarter of 2021. Forty-nine new renewable energy projects in 20 states were launched during the quarter, with seven wind projects, eight energy storage endeavors and 34 utility-scale solar projects. The report estimated the projects represent a $23 billion investment in clean energy infrastructure.

***

The ACP Nov. 3 named Josh Kaplowitz as its vice president for offshore wind. Kaplowitz will push ACP’s policy, legislative and regulatory priorities with regard to wind, especially its engagement with Bureau of Ocean Energy Management and other federal partners. Previously, Kaplowitz served as commercial counsel for GE Renewable Energy’s offshore wind business, advising GE and ACP on federal policy in the field.

***

Multiple provisions in President Joe Biden’s Build Back Better (BBB) framework proposed for ongoing budget reconciliation negotiations in Congress prioritize clean energy and climate policy priorities. Among the possibilities is an extension of the production tax credit (PTC) and solar investment tax credits (ITC). A PTC for solar projects could be reinstated beginning in 2027. Solar Energy Industries Association and the ACP were among the industry professionals releasing statements in support of the BBB framework.

Journal Category: 
Renewable Energy Tax Credits
Authors: