The United Illuminating Company (UI) of Orange is overseeing Bridgeport’s Renewable Energy Park project, while last year, Fuel Cell Energy of Danbury launched the largest fuel cell power station in the U.S.
Just two reasons why Connecticut is ranked one of the nation’s top five states in the use of fuel cells and power source development.
Construction on Bridgeport’s Green Energy Park will begin shortly under UI’s management, creating clean energy through fuel-cells and solar panels. Energy capable of powering thousands of residential homes.
As Senator Richard Blumenthal and Bridgeport Mayor Bill Finch pointed out, the success of this project, and more broadly, the state’s prospects of leadership in the solar and fuel cell industries depend on whether the 114th Congress grants an extension of the Renewable Energy Production Tax Credits, beyond the extension covering 2014.
These credits are part of a package of federal tax extensions to incentivize the creation of wind turbines, geothermal, solar, hydropower, biomass, marine and hydrokinetic renewable energy plants. But more action is required to preserve these clean energy incentives going forward.
Blumenthal underscored that without Congressional support, fuel cell tax credits will expire in 2016.
“We need to start work on the approval process now,” he said. “We (Connecticut) can be the fuel cell capital of the world, but not without providing some level of certainty to companies in the industry.”
“The incentives for solar energy projects, unfortunately, are only done on a year-by-year basis”, said Blumenthal, “It needs to be extended for a longer period of time so that companies within the industry can plan.”
The Bridgeport Green Energy Park is expected to generate 92 jobs in the state.
Read the full article, published in the New Haven Register, authored by Luther Turmell on Jan. 2, 2015.
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