Not all energy-efficient HVAC equipment qualifies for tax credits, but there are four renewable energy product categories that do — geothermal heat pumps, small wind turbines, solar energy systems, and fuel cells. Though some seem beyond HVAC, they each have the potential to bring new revenue streams to contractors.
Each year the DOE petitions Congress with a “Congressional Budget Request” to continue financing the projects that show promise and are deemed worth pursuing. What has the DOE been up to in the name of renewable energy and HVAC technology?
The New England Governors’ Conference has passed a resolution to launch a coordinated regional procurement program for renewable energy. The initiative encompasses six states — Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.
Renewable power generation is expected to continue its rapid growth over the next five years, according to a new report from the International Energy Agency (IEA). Global power generation from solar, wind, hydropower, and other renewable sources is projected to increase by more than 40 percent.
The Geothermal Exchange Organization (GEO) stands behind New Hampshire’s newly approved law, S.B. 213, which adds thermal renewable energy sources to compliance measures that electric utilities can deploy to meet the requirements of the state’s Renewable Portfolio Standard.
The Geothermal Exchange Organization (GEO) announced that it has presented its Geothermal Heat Pump Industry Champion awards to Sen. Jeff Bingaman (D-N.M.), chairman of the Senate Committee on Energy and Natural Resources, and Sen. Lisa Murkowski (R-Alaska), ranking Republican on the same committee.
Stanford University announced that it is offering a new professional certificate program in renewable energy. The online program, Energy Innovation and Emerging Technologies, explores various emerging renewable energy technologies.
Spring Independent School District (SISD) leaders discovered that smart architectural planning, coupled with the right combination of contractors and materials, could allow its newest elementary building to be completed on budget, utilizing the latest sustainable trends and building methods.
Maryland recently became the first state to recognize geothermal heating and cooling as a renewable energy source. This has many leaders in the geothermal industry hoping this helps serve as a motivator to the other 49 states.
Featuring low-H2O technology that enables the unit to heat quickly, the Linea Plus radiator can be used with low-temperature hydronic systems and renewable energy sources such as solar or geothermal. The discreet design allows for pipes and vents to be completely hidden behind the front panel and cabinet.