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
-
Who Gets Canada’s C$10 Million Carbon Removal Buy?
Inside This Issue 🔩 Stegra and Meta Sign Agreement for Environmental Attribute Certificates to Advance Green Steel 🧱 Sublime Systems and Meta Sign Agreement to Scale U.S. Manufacturing of Next Gen...
-
Google’s $17B Wyoming Plan Has a CCS Catch
Inside This Issue 💡 Google’s $17B Wyoming Plan Pairs Fuel Cells With CCS 🍁 Canada Needs C$2.2 Billion and Stronger Policy to Close Its Carbon Removal Gap by 2030 🛢️ Occidental Signs Long-Term CO2 ...
-
The $915M Ethanol Deal Where Carbon Capture Sets the Price
Inside This Issue 🌽 The Andersons Bets $915M on Low-Carbon Ethanol Plants 🌐 Rad Web Hosting Announces Fossil-Free Internet by 2030 Manifesto, Commits 1% of Revenue to Carbon Removal 💶 EU Earmarks ...
Company Announcements
-
Meta secures priority access to low-carbon Sublime Cement® for future data center construction under a multi-year agreement. For Meta, the agreement targets emissions from cement used to build dat...
-
MUSCAT, Oman, Nov. 13, 2026 /PRNewswire/ -- The Sultanate of Oman, represented by Hydrom, the national orchestrator of its green hydrogen strategy, has awarded two integrated green hydrogen project...
-
LCH2 Awarded Additional $1 Million to Advance Lewis County Clean Energy Campus
CENTRALIA, Wash., Nov. 12, 2026 /PRNewswire/ -- The Lewis County Hydrogen Alliance, Inc. (LCH2) has been awarded an additional $1 million from TransAlta Centralia Board Funding, LLC, acting through...
-
BKV's Barnett Zero Wins Verra's First CCS Credit Approval
Verra approved the first project-level credits under its VM0049 carbon capture and storage methodology on November 6, 2026. The project is BKV Corporation's Barnett Zero in Bridgeport, Texas. The a...