Section 12-6-3588 of the South Carolina Income Tax Act provides tax incentives to companies in the solar, wind, geothermal, and “other clean energy industries” that consider siting business operations in the state. Total yearly credits may not exceed $500,000, and may continue for up to
Section 12-6-3775 of the South Carolina Income Tax Act states that taxpayers can receive an income credit equal to 25% of the costs associated with solar energy property based on certain stipulations. “Solar energy property” is defined as nonresidential solar energy equipment with at least
The Ohio Energy Loan Fund (ELF) helps eligible applicants receive low-interest financing to install energy efficiency measures that reduce energy by at least 15%. The ELF allows for renewable energy projects to be deployed as part of a larger energy efficiency program. Low-interest loans are
This partnership between the Ohio Treasure of State and local banks provides reduced-rate financing to small business improvement projects for energy efficiency and renewable energy generation. The program offers up to a 3% interest rate reduction on small business loans of up to $550K for
Oklahoma has a Commercial Property Assessed Clean Energy (C-PACE) program which can finance up to 100% of the costs of eligible projects with an extended amortization period such that projects can be cash flow positive from day one. Eligible properties include commercial, industrial, and agricultural
HB 2021 created a $50 million fund at the Oregon Department of Energy to provide grants for the development of community renewable energy projects. Eligible “renewable energy systems” include those that use biomass, solar, geothermal, or biogas to generate energy as well as energy storage
This bill states that when considering public building projects with a total contract price of $5 million or more, contracting agencies must have considered various “green energy technologies.” In this bill, green energy technologies are broadly defined as systems that employ solar or geothermal for
Oregon’s Climate Protection Program sets a limit on emissions from fossil fuel use in commercial, industrial, residential, and transportation sources. Emissions from biomass-derived fuels are exempt from the regulation. The limit took effect in 2022 and decreases over time. The program sets limits for stationary
The Market Development portfolio is one of four portfolios associated with the New York State Clean Energy Fund. It provides $2.4 billion in programmatic funding for energy efficiency and clean energy solutions through 2025. Focus areas for the Market Development Portfolio include renewable energy, distributed
The Innovation & Research portfolio is one of four portfolios associated with the New York State Clean Energy Fund. It is dedicated to driving innovation across climate technology sectors through direct investments in R&D and early-stage companies and seeks to fund “incubators, accelerators, prizes, and
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The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions.
