in News Departments > Policy Watch
print the content item

Gov. Chet Culver, D-Iowa, has signed Senate File (S.F) 2405 at the Chamber of Commerce in Mason City. S.F. 2405 has three key components. First, it encourages banks to invest in wind energy by expanding eligibility for the state wind production tax credit to institutions that have a majority equity interest in future projects. Second, the bill expands the tax credit until 2012. Third, this bill encourages more consumers to use wind energy by allowing individuals and businesses to take advantage of the credit for energy use.

"I am committed to a constant pursuit of ideas and policies that will strengthen our environment and our economy - and investing in wind power does just that," says Culver. "It will now be easier for businesses - small and large - and individuals to take advantage of the unlimited opportunities related to wind energy in Iowa."

SOURCE: Office of Gov. Chet Culver


Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.

Canwea_id1984
BG 2015DblBox_id2032
Hybrid Energy Innovations 2015
Renewable NRG_id1934