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Canada Introduces an Investment Tax Credit (ITC) with the Passing of Bill C-59

Summary
Canada has introduced the Clean Technology Investment Tax Credit (ITC) through the passing of Bill C-59. This initiative aims to stimulate substantial investments in renewable energy and energy storage. Learn how this tax credit positions Canada as a leading destination for clean technology investments.

NOVA SCOTIA LAUNCHES COMMUNITY SOLAR PROGRAM

Community Solar Program Launched in Nova Scotia

To expand access to renewable energy options and reduce carbon emissions, the Province of Nova Scotia has unveiled its new Community Solar Program.

LARGEST RENEWABLE ENERGY PLANT IN INDIA

Adani Group is building the largest renewable energy plant in India, how asset management software can help

Summary: This mammoth project, costing approximately $20 billion, is not just an impressive feat in scale—spanning over 200 square miles and visible from space—but also in its potential impact, with the capabil...

SET TO SURPASS 100 GW IN 2024

Governments set to tender over 100 GW of renewable energy projects in 2024

Summary:
In a major push for clean energy, governments globally plan to tender more than 100 gigawatts of renewable projects in 2024, with a significant focus on offshore wind. This move mirrors the successful allocation of 137 GW in 2023, underscoring a robust global commitment to increasing renewable energy capacity. Analysts highlight the essential role of government tenders in accelerating the transition to sustainable energy sources.


Deep Dive:
In a significant move towards bolstering renewable energy capacity, governments worldwide are poised to tender over 100 gigawatts (GW) of renewable energy projects in 2024, matching the ambitious efforts of 2023.

 
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