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New Jersey resuscitates offshore wind with two new projects

Baua Electric

Photo: Ocean Wind 1 Ørsted dealt New Jersey a massive blow by canceling 2.2 GW of new projects to its pipeline. New Jersey was expected to announce another offshore wind solicitation at the beginning of 2024, and it’s delivered. gigawatts (GW) of offshore wind last year, but the state just added 3.7

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Tesla introduces financing product for Model S customers; lease-sale hybrid

Green Car Congress

Essentially, said Tesla CEO Elon Musk in a conference call describing the product, the new approach allows one to buy a new Model S for no money down net of the tax credit and as low as about $500 net out of pocket cost per month, depending upon the model, specific state incentives, and personal parameters (e.g.,

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Solar power at US schools surges, growing fourfold over the last decade

Baua Electric

The Inflation Reduction Act has also made it more affordable for schools to deploy clean energy by offering tax credits, paid as cash reimbursements, for panels, battery storage, and other clean technologies. The top states leading the charge in school solar capacity are California, New Jersey, Arizona, Massachusetts, and Connecticut.

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US indicts 7 individuals and 3 companies in alleged $100M biodiesel RINs fraud in Indiana

Green Car Congress

A dollar-per-gallon tax credit was available only to the first person to blend the pure biodiesel (known as B100) with petroleum diesel. For these reasons, a gallon of B100 with RINs and an available tax credit was worth much more than a gallon of RIN-stripped B99.

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

You should consult your own tax, legal and accounting advisors before engaging in any transaction. Federal EV Tax Credit To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car.

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‘Pro-EV’ New Jersey just OK’ed the US’s highest dumb EV fee

Baua Electric

“I-95 North – Welcome to New Jersey Sign” by formulanone is licensed under CC BY-SA 2.0. New Jersey just signed a law approving a punitive new EV registration fee – and at $250, it’s the highest in the country. Electrek’s Take Thinking of buying a new EV in New Jersey?

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EVgo gets a $1.05B DOE loan for 7,500 DC fast chargers

Baua Electric

It’s anticipated the top state markets will be Arizona, California, Florida, Georgia, Illinois, Michigan, New Jersey, New York, Pennsylvania, and Texas. If finalized, EVgo expects to begin the rollout of the new infrastructure in the second half of 2026 and complete deployment by 2030. Get started here.

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