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Advanced Power has purchased renewable energy investment tax credits, made available through the development of rooftop solar facilities offered for sale by a third party.

The Inflation Reduction Act made the purchase possible, says the company, through Section 6418 of the Internal Revenue Code, which allows for transfer of certain energy tax credits from renewable project developers to a qualified third party. 

“Advancing a sustainable energy future drives our actions,” says Advanced Power CEO Tom Spang. “We are pleased to close this latest transaction, which supports our vision of a clean, reliable energy future.”

Advanced Power projects in development include: Eldora Energy, a 240 MW solar with an additional 200 MW battery storage facility; Alina Energy, a 220 MW solar with an additional 200 MW battery storage facility; Elio Energy, a 300 MW battery storage facility; and Rock Rose Energy, a 200 MW battery storage facility.

Reunion originated the opportunity for Advanced Power and facilitated the transaction between parties.

The post Advanced Power Announces Investment Tax Credit Purchase appeared first on Solar Industry.

Advanced Power Announces Investment Tax Credit Purchase

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Renewable Energy

Do Oil Wells Dropped by Big Oil Represent an Investment Opportunity?

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Two comments:

1) If you want to a part of the environmental collapse that is coming from our civilization’s continued reliance of fossil fuels, you’re morally defective. In the parlance of the common man, you’re an asshole.

2) If you think there is profit available from investing in oil wells that the most sophisticated petroleum engineers turned done, you’re a total moron.

Do Oil Wells Dropped by Big Oil Represent an Investment Opportunity?

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Renewable Energy

The Haves and the Have-Nots

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I met a professional investor today whom I asked for his prognostication about the U.S. economy.  He replied that the only thing he’s sure of is the growing chasm between the rich and poor, a point to which we agreed.

We’re living through the dying days of free-market capitalism.  Rich people have cracked the code to increasing their wealth without limit at the expense of everyone else on Earth.  They own our congress, as evidenced by the congressional Republicans, who kowtow to Donald Trump and their billionaire donors.

In the United States, morality has increasingly ebbed away to the point that trying to live a life of honesty and decency has become a joke.

One may think that the working class would be getting tired of being ground into the pavement by corporate greed, but no, they regard people like us as woke, socialist losers, so any attempt to turn this around appears to be going lightly nowhere.

As shown above, Bernie Sanders hasn’t lost hope.

The Haves and the Have-Nots

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Renewable Energy

The Miseries of Planned Societies

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The people in Northern Europe and other spots around the globe are miserable?  Democratic socialism has been the driving force in making the people of the following counties the seven happiest on Earth (in order).

Finland

Iceland

Denmark

Costa Rica

Sweden

Norway

Netherlands

The Miseries of Planned Societies

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