Earlier this year, we covered the release of Clean Edge’s Clean Energy Trends 2012 report, which included insights and forecasts for the U.S. clean tech and renewables industry. One of the predictions we highlighted was the momentum behind energy efficiency, and the potential for the U.S. Department of Defense – as one of the world’s largest land owners and energy consumers– to make a significant dent in global energy use by adopting energy efficiency measures. Recent remarks by Defense Secretary Leon Panetta support this projection.
In a May 2 speech, Panetta became one of the first high-ranking U.S. officials to definitively link environmental, energy and security issues: “In the 21st century, reality is that there are environmental threats that constitute threats to our national security.” To help meet these challenges and ensure our nation’s energy and national security, the Defense Department will need to be more efficient, innovative and invest in the technologies of the future, Panetta said.… Read more »




48C = Clean Energy, Made in America
Enacted as part of the American Recovery and Reinvestment Act of 2009 (the stimulus bill), 48C provided a 30-percent manufacturing tax credit for qualified investments in advanced energy projects to support new, expanded or retrofitted domestic manufacturing facilities. The tax credit was spread among 183 manufacturing facilities across 43 states and, according to the White House, was matched by $5.4 billion in private-sector funding.
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Categories Energy & Renewables | Tagged 48C, manufacturing, stimulus, tax credit, World Renewable Energy Forum | Leave a comment