TRI Global Energy CEO Sees "Explosive Growth" from Inflation Reduction Act
Published by Todd Bush on August 15, 2022
DALLAS, Aug. 12, 2022 /PRNewswire/ -- Dallas-based Tri Global Energy is one of America's top developers of renewable energy, and the company's CEO says the just-passed Inflation Reduction Act will fuel "explosive growth" for his industry.
>> In Other News: Nel ASA: Biden Spending Plans Set to Put Usa in Lead for Clean Hydrogen
John B. Billingsley, the company's founder, Chairman and CEO, says "I've seen estimates from the White House that this bill will almost triple the number of wind turbines in America producing clean, renewable energy over the next eight years, and I think that is very realistic. Add that to solar, hydrogen, and other forms of clean energy that are incentivized by this legislation, and you have unprecedented growth for renewable energy in America."
"Many companies have been holding back on renewable projects until they knew what the legislation would deliver, and now we have that certainty – and we have it for the next decade in the form of tax credits. Because of this, I think the coming years will be the best-ever for developing clean energy projects in this country, which translates to jobs, tax revenue and an improved climate for everyone."
Tri Global Energy currently originates and develops utility-scale wind, solar, and energy storage projects in Texas, Nebraska, Illinois, Indiana, Pennsylvania, Virginia, and Wyoming. The company is in the top 10 renewable developers in America and is the top developer of wind power in Texas.
SOURCE Tri Global Energy
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Latest issues
-
Can AirCapture’s Microwaves Cut DAC’s Energy Cost?
Inside This Issue 🌬️ Aircapture's Patented Microwave Direct Air Capture Technology Wins Tencent CarbonX 2.0 Award 🗾 Fujifilm, Tokyo Gas and TGES Agree to Supply City Gas Linked to Biomethane Produ...
-
380 MW of AI Power, Powered by Fuel Cells
Inside This Issue ⚡ FuelCell Energy and Fit Energy Announce Strategic Agreement for Up to 380 MW of Clean Power for Data Centers 🧭 China's Renewable Energy Mandates Set the Stage for Expanded Hydr...
-
250,000 Tonnes of CO2: One Shipping Deal
Inside This Issue 🚢 Fortescue and CMB.TECH Sign Milestone Agreement for 12 Ammonia Bulkers to Accelerate Zero-Emissions Shipping 🌱 Mati Carbon Hits New Bar for Carbon Removal Certification With Is...
Company Announcements
-
Canadian farmers and ethanol producers call on the Government to deliver on its Clean Fuel commitment and restore a level playing field for Canadian ethanol. OTTAWA, Ontario — Canada's Farms and F...
-
Coastal and Estuarine Carbon Removal Technique May Backfire When Pushed Too Far
Scientists investigating a proposed way to remove carbon dioxide from the atmosphere using seawater have found that adding too much alkalinity to neutralize acids can trigger chemical reactions tha...
-
Next Hydrogen Solutions Inc. (“Next Hydrogen” or the “Company”) (TSXV:NXH) is pleased to announce a collaboration agreement with Fusion Fuel Cycles Inc. (“FFC”) to demonstrate purpose-built electro...
-
Saskatchewan Conducts First Ever Crown Public Offering for Helium and Associated Gases
The Government of Saskatchewan is pleased to announce it launched and completed its first-ever helium and associated gases Crown public offering, held on June 22, 2026. This new process will streng...