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
-
Canada Found Hydrogen Underground. A Lot of It.
Inside This Issue 🍁 Canada's Natural Hydrogen Bet Just Got A Lot Bigger 💰 Carbon Pricing Now Covers 63% Of Global GDP As Emissions Trading Expands 🏛️ Republicans Introduce American Energy Dominanc...
-
Innio Just Ran a Data Center on 100% Hydrogen. Here's What Happened.
Inside This Issue ⚡ Innio and Net Zero Innovation Hub Deliver World-First 3 MW Demonstration of 100% Hydrogen Backup Power for Data Centers 🌳 Chestnut Carbon Doubles Footprint in Southeast U.S. to...
-
First CO2 Well in Four States. It's in Kansas.
Inside This Issue 🛢️ Kansas Gets Its First CO2 Storage Well, PureField Shows How 🤝 FPH2 Expands California Renewable Hydrogen Supply Partnerships To Support Public Fleets, Data Infrastructure, And...
Company Announcements
-
Aviva Investors Partners With Climate Impact Partners To Invest In Colombian Afforestation Project
(London) – Aviva Investors, the global asset management business of Aviva plc, announces it has funded a large-scale afforestation and restoration project in Colombia, partnering with Climate Impac...
-
The close scales the project to 60,000 hectares of funded restoration, positioning Spekboom amongst the world's largest projects. The close combines streaming capital from a syndicate of institutio...
-
WASHINGTON, April 27, 2026 /PRNewswire/ -- The Ammonia Energy Association (AEA) has partnered with MiQ to launch the AEA Ammonia Certification System, a global certification system designed to faci...
-
Verde And Isometric Aim To Scale High Integrity Carbon Credits Through Infrastructure
ST. LOUIS, April 27, 2026 /PRNewswire/ -- Verde Resources Inc. (OTCQB: VRDR ) ("Verde"), an emerging leader in sustainable infrastructure products and technologies, today announced a strategic coll...