ACORE Blog
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Explore Renewable Power Perspectives and expert analysis on the most pressing issues facing the renewable energy sector in the U.S and abroad. The American Council on Renewable Energy is a national non-profit organization that unites finance, policy, and technology to accelerate the transition to a renewable energy economy. ACORE is a focal point for collaborative advocacy, supported by..
ACORE Blog
6d ago
Project Finance
Tax Incentives & Appropriations
Press Releases
ACORE Statement on Treasury Department’s Updated Energy Communities Guidance
March 22, 2024
WASHINGTON, D.C. – The U.S. Treasury Department and the Internal Revenue Service (IRS) released additional guidance on Friday on the energy communities bonus credit program. Following is a statement from Ray Long, President and CEO of the American Council on Renewable Energy (ACORE), on the update:
“We are very grateful for the clarity the Treasury Department provided today on an important provision that will help drive much-ne ..read more
ACORE Blog
3w ago
Sustainable Investing & ESG
Press Releases
ACORE Statement on SEC Climate Disclosure Rule
March 6, 2024
Statement From Lesley Hunter, Senior Vice President, Policy and Engagement, American Council on Renewable Energy (ACORE):
“While we’re still reviewing the full text of the final rule released today, we appreciate the SEC’s objectives to help investors access consistent, transparent, and forward-looking climate-related information. Clean energy stands at the heart of efforts to address climate change, and we believe renewable generation, use, provision, and investment are important m ..read more
ACORE Blog
3w ago
Project Finance
Tax Incentives & Appropriations
Press Releases
Treasury Department, IRS Release Final Rules on Direct Pay Provisions
March 5, 2024
WASHINGTON, D.C. – The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released final rules today on the direct pay provisions included in the Inflation Reduction Act (IRA). Following is a statement from Ray Long, President and CEO of the American Council on Renewable Energy (ACORE) on the guidance:
“We commend Treasury and the IRS for swiftly promulgating final rules on this vital tool to ex ..read more
ACORE Blog
1M ago
Press Releases
ACORE to Honor Renewable Energy Champions, U.S. Reps. Sean Casten and Mariannette Miller-Meeks, at Awards Gala
February 28, 2024
WASHINGTON, D.C. – The American Council on Renewable Energy (ACORE), a national nonprofit organization that unites finance, policy, and technology to accelerate the clean energy transition, has named U.S. Reps. Sean Casten (D-IL) and Mariannette Miller-Meeks (R-IA) as the recipients of its 2024 Renewable Energy Champion Awards. The awards will be presented this evening at ACORE’s annual Awards Gala at Union Station where House Minority Leader Rep ..read more
ACORE Blog
1M ago
Just Transition
Press Releases
ACORE Welcomes Fourth Cohort of Accelerate Member Companies
February 27, 2024
WASHINGTON, D.C. — The American Council on Renewable Energy (ACORE) announced today that 10 companies have been selected to participate in the fourth cohort of the ACORE Accelerate Membership Program.
“ACORE’s Accelerate Membership Program is the premier initiative in the United States aimed at creating opportunities for women- and minority-owned firms in the clean energy sector,” said Neelam Sakaria, Director, ACORE Accelerate. “We are elated to support these enterprises as they p ..read more
ACORE Blog
3M ago
Press Releases
ACORE Names 2024 Class of New and Returning Board Members
January 4, 2024
WASHINGTON, D.C. – The American Council on Renewable Energy (ACORE), a national nonprofit that unites finance, policy and technology to accelerate the transition to a renewable energy economy, today announced its new Board class for 2024.
Effective January 1, seven new members joined the ACORE Board of Directors:
Puneet Verma, Vice President, Government Affairs, Avangrid
Robin Millican, Senior Director, U.S. Policy and Advocacy, Breakthrough Energy
Sandhya Ganapathy, Chief Executive Officer, EDP Rene ..read more
ACORE Blog
3M ago
Project Finance
Tax Incentives & Appropriations
Press Releases
ACORE Statement on Biden Administration’s Proposal for Guidance on Clean Hydrogen Production Tax Credit
December 22, 2023
WASHINGTON, D.C. – The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released proposed guidance today on the Section 45V Production Tax Credit for clean hydrogen. Following is a statement From Ray Long, President and CEO of the American Council on Renewable Energy (ACORE):
“While we’ve been eagerly awaiting the Administration’s proposal on 45V guidance for the clean hy ..read more
ACORE Blog
3M ago
Supply Chain & Trade
Tax Incentives & Appropriations
Press Releases
ACORE Statement on the Treasury Department’s Proposed Regulations on the Advanced Manufacturing Tax Credit
December 14, 2023
WASHINGTON, D.C. – The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released proposed regulations today on the Section 45X Advanced Manufacturing Production Tax Credit for solar and wind components, inverters, batteries, and qualifying critical minerals. Following is a statement from José Zayas, Executive Vice President of Policy and Pr ..read more
ACORE Blog
3M ago
Grid Infrastructure
Siting & Permitting Reform
Transmission & Power Markets
Press Releases
ACORE Statement on Rep. Casten and Rep. Levin’s Introduction of the CETA Act
December 13, 2023
Statement From Jose Zayas, Executive Vice President of Policy and Programs at the American Council on Renewable Energy (ACORE):
“A significant buildout of the nation’s transmission system is imperative to achieving a clean energy grid that will provide emissions reductions, reliability and resilience improvements, and cost savings.
“ACORE strongly supports the Clean Electricity and Transmission Acc ..read more
ACORE Blog
3M ago
Tax Incentives & Appropriations
Press Releases
ACORE Statement on the Treasury Department’s Section 48 ITC Guidance
November 17, 2023
WASHINGTON, D.C. – The U.S. Treasury Department has released preliminary guidance on the Section 48 Investment Tax Credit, which was expanded under the Inflation Reduction Act (IRA) to include new credits for fast-growing technologies such as offshore wind, battery storage, and microgrid controllers. Following is a statement from Gregory Wetstone, President and CEO of the American Council on Renewable Energy (ACORE), on the noti ..read more