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Giant power provider's investment in grid clean energy and modernization now nears $17 billion through 2025, its CEO told investors on Sept. 29. Ralph Izzo supports Democrats' controversial Clean Electricity Performance Program, contained in the pending $3.5T reconciliation bill.
Solar is the fastest-growing source of new power in the U.S., but up to four times more project capacity is needed to reach net-zero energy target by 2035, says just released federal report.
East Coast senators, including Cory Booker and Robert Menendez of New Jersey, want 30% investment tax credit and production tax credit for union-labor manufacturing sites, as proposed projects ramp up in Maryland and North Carolina
State will speed up work by three years on 585-mile Greenlink transmission line to connect to solar, geothermal and wind energy resources; 2021 world power investment to rise 5% to record $820 billion, says global energy monitor's new analysis.