Power Stimulus Tax Tax Credit 
Green Car Congress
JULY 9, 2009
Funded through the American Recovery and Reinvestment Act (Recovery Act), the program will provide direct payments in lieu of tax credits in support of an estimated 5,000 biomass, solar, wind, and other types of renewable energy production facilities. Combined heat and power. Marine and hydrokinetic. Fuel cells. Microturbines.
Green Car Congress
DECEMBER 30, 2009
California was the first state to sign an MOU with the Department of the Interior to cooperatively develop long-term renewable energy plans and to usher eligible projects through state and federal permitting processes that can receive 30% federal tax credits under the American Reinvestment and Recovery Act (Recovery Act).
Green Car Congress
JULY 22, 2009
The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Is tax equity dead? Cap and Trade Disappointment.
Revenge of the Electric Car
APRIL 6, 2010
From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. Better Cars ….
Plugs and Cars
JUNE 4, 2009
However, the power relationships have shifted somewhat. The federal consumer tax credit awaits major automaker cars that can claim them. In addition to the California funds there is federal stimulus money, $41 million by mid-April, being doled out to their projects, many of zero environmental benefit. Such as the $1.1
Tony Karrer Delicious EVdriven
APRIL 30, 2009
the only companyselling hydrogen-powered cars to U.S. policy shifts to favor battery-powered autos. Honda has yet to announce plans to sell one, citing highcosts for the lithium-ion batteries needed to power them andpoor range. “We drivers, may also developplug-in electric models as U.S. General Motors Corp., Toyota Motor Corp.
Green Car Congress
MAY 27, 2009
The fermentation and distillation process is similar to a conventional plant, but the facility will be fueled by the steam heat from a Combined Heat and Power (CHP) generator. There has been activity with biomass electrical power generation in the past several months.
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