A significant stride for domestic green energy production has been marked by the Nordex Group’s strategic reopening and expansion of its wind turbine production facility in West Branch, Michigan, a pivotal moment 12 years after its initial idling. The decision to revive the West Branch plant underscores a renewed commitment […]
Tag: renewable energy
Green advocates: ‘Megabill’ will raise electricity costs, cut tax credits for solar, wind power
Renewable energy advocates are sounding the alarm over a proposed legislative package, colloquially dubbed the ‘megabill,’ warning that its provisions could significantly escalate electricity costs for consumers while simultaneously dismantling crucial tax credits vital for solar and wind power initiatives. This contentious piece of legislation, currently navigating the political landscape, […]
Should You Buy Plug Power Stock While It’s Below $3?
The current valuation of Plug Power stock, trading below the $3 mark, presents a critical juncture for investors: does this price point signal an unparalleled buying opportunity for those looking towards the future of clean energy, or does it merely highlight inherent risks demanding caution? As a prominent pure-play company […]
Senate GOP removes tax on solar and wind energy but dismantles climate law passed by Democrats
A pivotal shift in American energy policy has emerged from the Senate, as the recently approved Republican budget bill introduces complex changes that could significantly reshape the landscape for renewable energy. While the legislation notably eliminates a proposed tax on solar and wind energy projects, a move that might initially […]
A megabill mystery: New solar and wind tax comes as a surprise to Republican senators
A significant political and economic controversy has been unexpectedly unearthed with the discovery of an excise tax targeting wind and solar projects, quietly embedded within a comprehensive domestic policy bill championed by Republican senators. This provision, a major jolt to the rapidly growing renewable energy industry, has also caught numerous […]