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Posts Tagged ‘stimulus’

US DOE International Solar Decathlon 2009 Winners & 2011 Rules

In building, cleantech, construction, Energy, entrepreneur, Environment, greentech, investment, maintech, Science, Solar, Sustainable, Technology, technology transfer, Venture Capital on February 10, 2010 at 5:56 pm
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Cleantech Forum Boston

In cleantech on August 7, 2009 at 11:44 am

Cleantech Forum® XXIII in Boston, September 8-10 at the Boston Convention and Exhibition Center, will have a strong focus on governmental programs given that worldwide governments have pledged billions of investment capital to clean technologies.Themed The Second Cleantech Investment Boom: Aligning Entrepreneurship and Innovation with Government Stimulus, this year’s East Coast Cleantech Forum in Boston will assemble CEOs, investors, scientists, policy-makers and other industry pioneers to drive demand and open cleantech markets.

For more information go here: http://cleantech.com/cleantechforum/boston09/

Path to $3B in Stimulus Funds Revealed to Renewable Energy Developers | GreenBiz.com

In cleantech, Energy, entrepreneur, Environment, greentech, investment, Sustainable, Technology, technology transfer on July 11, 2009 at 2:51 pm

By Tilde Herrera, ClimateBiz
Published July 10, 2009

OAKLAND, Calif. — The Energy and Treasury departments released eagerly awaited guidance Thursday to help renewable energy project developers apply for roughly $3 billion in stimulus funds, which experts say will open the market to many technologies that weren’t economically feasible before.

The departments released the guidance, terms of conditions and a sample application, although applications won’t be accepted until next month. The rules is a major step that will spur private sector investment in clean energy and move the U.S. closer to President Barack Obama’s goal of doubling renewable energy capacity in three years, according to Matt Rogers, a Department of Energy (DOE) senior advisor charged with implementing ARRA funding.

“By getting these rules out there and making it clear how to apply we’re hoping this will bring that private capital back from the sidelines and into the market quickly,” Rogers said during a conference call with reporters Thursday.

The tax grants will offset between 10 percent and 30 percent of the project’s cost, depending on the technology type. Construction must begin by the end of 2010 and the projects must be placed into service by 2017 at the latest for certain types of technologies. The Treasury Department expects the program will benefit some 5,000 projects, and seems ready to boost funding from an estimated $3 billion if demand warrants an increase.

Credit termination date and credit percentage, by project type
Courtesy of Energy and Treasury departments

Under this temporary program, developers who previously qualified for the production tax credit can now opt for the investment tax credit, which is based on the cost of the project, not the amount of electricity to be generated. Those eligible to claim the investment tax credit may then elect to receive a direct payment, rather than having the credit paid over 10 years and based on the amount of electricity generated. Cash grant recipients must agree to give up future tax credits.

Stimulus Packages a Boon for Efficiency – Green Inc. Blog – NYTimes.com

In cleantech, greentech, investment on June 28, 2009 at 9:44 pm

Stimulus Packages a Boon for Efficiency

By James Kanter

via Stimulus Packages a Boon for Efficiency – Green Inc. Blog – NYTimes.com.

Energy efficiency and energy management companies and projects have benefited the most from the global effort to stimulate economies over the past eight months, according to the banking giant HSBC.