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Virginia could make almost $5B from this 3.5 GW offshore wind farm

Baua Electric

Kitty Hawk Wind’s power grid interconnection would bring in $275 million in cumulative property tax revenue for its host, the City of Virginia Beach. The US Bureau of Ocean Energy Management (BOEM) awarded Kitty Hawk Wind the 122,405-acre lease in 2017 to develop an offshore wind project off the coast of North Carolina and Virginia.

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BLUETTI expands its Solar+ program to three more states

Baua Electric

Following a successful launch in Texas last year, energy storage leader BLUETTI is expanding its Solar+ program to California, Massachusetts, and North Carolina. BLUETTI Solar+ makes it easier to embrace solar energy, transforming you from just an energy consumer to a clean energy producer.

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Flash Drive: 2023 VinFast VF 8

Clean Fleet Report

A new midsize EV SUV Contender Clean Fleet Report was both intrigued and curious about an all-new car from an all new company from a country that is not known for building cars. The Driving Experience Clean Fleet Report had the opportunity to drive the 2023 VinFast VF 8 City Plus. SiriusXM is not available.

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Epsilon seeks US-Japan-style deal amidst low-key minerals auction | Autocar Professional

Baua Electric

The agreement includes a combination of grants, loans, tax provisions and other incentives to boost the adoption of clean energy, vehicles, buildings and manufacturing. The post Epsilon seeks US-Japan-style deal amidst low-key minerals auction | Autocar Professional appeared first on Bauaelectric Auto News.

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Yellen visits US lithium site in Chile, eyes progress on green transition – ET Auto

Baua Electric

Yellen , wrapping up her visit to Chile after meetings with President Gabriel Boric and Economy Minister Mario Marcel in Santiago on Friday, said rising demand for clean energy could generate someUSD 3 trillion in global investment opportunities through 2050. There would be shifts in the medium- to long-term as the U.S.

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EV tax credit supply chain rules ease, but China restrictions remain

Baua Electric

In a coordinated push through federal agencies, the Biden administration on Friday released a revised set of regulations applying to the EV tax credit that will ultimately make the credit easier to claim for a wider range of vehicles in 2025 and 2026 but no easier for Chinese companies to gain a foothold on the market.

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Blazer EV pause, Mercedes EV updates, affordable EVs, clean hydrogen rules: The Week in Reverse

Baua Electric

The Biden administration has set a high bar for the generous tax credits created by the Inflation Recovery Act (IRA) to help spur large-scale production of hydrogen, starting with regional hydrogen hubs. 2023 Vinfast VF 8 Starting with an outlet in North Carolina, Vinfast is pivoting to dealership sales for its expanding family of EVs.