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
-
How Direct Air Capture Could Drop 75% in Cost
Inside This Issue 💨 How Direct Air Capture Could Drop 75% in Cost ⚡ Cache Power Advances 30 GWh Compressed Air Energy Storage Project In Alberta 🪨 Canada Nickel And The University Of Texas At Aust...
-
EPA Rule Unlocks $20B Biofuels Boom: The Decarbonization Players Who Gain
Inside This Issue 🌾 EPA Rule Unlocks $20B Biofuels Boom: The Decarbonization Players Who Gain ⛏️ DMS Georgia: World’s First Deep Mine Carbon Storage 💧 Dirty Water Boosts Prospects for Clean Hydrog...
-
Inside the Power Plant Conversion Everyone’s Arguing About
Inside This Issue ⚡ In Controversial Move, LADWP Says It Will Shift Its Largest Gas Power Plant to Hydrogen 🌎 NorthX Catalyzes the Rise of Canada's Carbon Removal Industry 🤝 Elemental Clean Fuels ...
Company Announcements
-
Exxon In Advanced Talks To Power AI Data Centers With Natural Gas And Carbon Capture
ExxonMobil is in advanced talks with power providers and tech companies to supply data centers with natural gas plants that use carbon capture technology, CEO Darren Woods said. Exxon aims to capt...
-
HowGood Brings its 3.98 Million Product Carbon Footprints into Global Alignment with PACT, Setting a New Benchmark for Supply Chain Transparency STONE RIDGE, N.Y., Oct. 29, 2025 (GLOBE NEWSWIRE) —...
-
Verde Closes $2 Million Strategic Investment From Commercial Partner Ergon
ST. LOUIS, Nov. 3, 2025 /PRNewswire/ – Verde Resources Inc. (OTCQB: VRDR), a road materials company offering proprietary, environmentally sustainable solutions, today announced that Ergon Asphalt &...
-
Calgary, Alberta--(Newsfile Corp. - November 3, 2025) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural" or the "Company") announces it has closed the asset swap with S...