DOE and Treasury Dept. announce guidelines for ARRA money
The Departments of Energy and Treasury announced the guidelines for renewable energy stimulus money.
The U.S. Dept. of Energy and the U.S. Dept. of Treasury announced last week the guidelines and terms of conditions for renewable energy project developers to apply for the billions of dollars set aside in the American Recovery and Reinvestment Act (ARRA) .
According to GreenBiz.com , the federal stimulus package allows developers to earn a tax grant to grow and expand their renewable energy ideas, eliminating between 10% and 30% of the costs depending on the technology type. All projects must begin construction by the end of 2010 and must be in service by 2017 to earn the grant and certain technology grants require specific size thresholds, while others, including solar power, can be of any size. (See chart below)
The Energy and Treasury departments hope to issue the ARRA grants within 60 days of receiving the completed applications, but that could be adjusted depending on the number of applications received.
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Annual Salary Survey
After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.
The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.