December 2024 Policy Blog

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Kristen Cheriegate  |  ICAST Policy Manager ========== Virginia Announced Launch of Clean Energy Innovation Bank The Virginia Department of Energy has announced the launch of the Virginia Clean Energy Innovation Bank (VCEIB) after similar legislation was vetoed earlier this year. As a green bank, VCEIB will mobilize public and private capital to bridge the gaps in clean energy financing in …

IRA Tax Credits in Action

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The US Department of the Treasury (“Treasury”) recently released a report showing the benefit of the IRA’s clean energy tax incentives for consumers. More than 3.4 million families claimed $8.4 billion in IRA-enabled tax credits in 2023 alone. With IRA funds starting to make their way into the homes of Americans, the deep impact of the bill is beginning to …

ICAST Secures ERA Funding for Electric Coop and Tribe 

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DENVER, CO, February 29, 2024 – ICAST (International Center for Appropriate and Sustainable Technology), a 501c3 nonprofit, was awarded $10 million under the U.S. Dept. of Energy’s Energy Improvements in Rural or Remote Areas (ERA) program to install a 5 MW solar photovoltaic (PV) and 10 MWh battery energy storage system (BESS) on Taos Pueblo lands in New Mexico, served …