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REC Power Development and Consultancy Limited (RECPDCL), a fully-owned subsidiary of REC Limited under the Ministry of Power, has officially transferred the Special Purpose Vehicle (SPV) for the Khavda V-A HVDC Transmission Project to Power Grid Corporation of India Limited (PGCIL). The formal handover ceremony took place in Gurugram, marking…

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The US Treasury has issued a final rule for the 45X advanced manufacturing tax credits, including for wind power components. The latest ruling on Inflation Reduction Act (IRA) provisions gives investors the certainty needed to continue backing domestic supply chains, the American Clean Power Association (ACP) claimed. by Ros Davidson…

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Rhode Island voters have approved a state bond measure that will equip a port for offshore wind development, according to the Associated Press. Voters approved a $53 million state bond that includes $15 million for improvements to the Port of Davisville to ensure it can serve as a long-term operations…

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California voters have passed Proposition 4, a $10 billion climate bond including more than $800 million in directed funding for offshore wind ports and state transmission improvements, according to the Associated Press.   The $475 million in offshore wind funds will help advance the construction of the Ports of Long…

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