State Incentives for Renewable Energy Business

A recent analysis of state programs revealed 19 states that had a total of 26 programs specific to attracting renewable energy companies. Tax credits against corporate income and property levies are the most popular programs, but there are tax exemptions, abatements, and reductions as well. Several states offer grants and loans (including loan guarantees). And the state of Kansas is offering bond financing for solar or wind manufacturing projects.

Richard K. Greene, Senior Associate, Investment Consulting Associates

Nov 09

Richard K. Greene, Senior Associate, Investment Consulting Associates
Richard K. Greene is a senior associate with Investment Consulting Associates. He advises governments and developers on renewable energy strategy, green urban renewal, and business attraction. Greene has worked domestically and internationally with renewable energy companies on location strategy and funding since 2000.
- Energy / Clean Tech
  
  Renewed Expansion for Renewables Industry
  Q2 2015
- Location USA
  
  Energy Innovation Boosts Foreign Direct Investment
  Location USA 2014
- Location Canada
  
  Canada Makes Renewable Energy Investment Attractive
  Location Canada 2010
- Taxes / Incentives
  
  States Use Incentives to Attract Renewable Energy Business
  Nov 09

Recent Project Announcements

Nucor Corporation Expands Crawfordsville, Indiana, Manufacturing Operations

10/09/2026

Huntington National Bank Renovates Tupelo, Mississippi, Operations

10/08/2026

CurTec USA Expands Westminster, South Carolina, Operations

10/08/2026

Viakable Expands La Salle, Illinois, Production Operations

10/08/2026

Webco Industries Plans Muskogee, Oklahoma, Operations

10/08/2026

Anduril Industries Plans Baltimore County Maryland, Shipbuilding Operations

10/07/2026

Re:Build Expands Rock Hill, South Carolina, Manufacturing Operations

10/07/2026

Canadian-Based Polyethics Industries Plans Antwerp, Ohio, Manufacturing Operations

10/07/2026

Bell & Evans Bethel Township, Pennsylvania, Operations

10/06/2026

Caterpillar Expands Sanford, North Carolina, Manufacturing Operations

10/03/2026

Bayer Plans New Albany, Ohio, Pharmaceutical Manufacturing Operations

10/03/2026

Janus Organization Plans Greenwood, Mississippi, Operations

10/03/2026

Simpson Strong-Tie Consolidates-Expands Fulton, Missouri, Operations

10/03/2026

Adeptus USA Plans Honea Path, South Carolina, Manufacturing Operations

10/02/2026

All Recent Project Announcements 

Last Word: Data Centers and the Infrastructure of the Intelligence Revolution

Why Relationships Still Win Projects in Site Selection

Reading the Signals Most Companies Miss During Site Selection

Where Construction Investment Goes, Economic Growth Follows

The 20-Year Test: Will This Site Still Work in 2045?

Incentives Don't Fix Execution Risk

Workforce Still Matters—But It's No Longer the First Filter

Power Is the New Gatekeeper in Manufacturing Site Selection

If the Site Doesn't Work on Paper, It Won't Work in Reality

Community Risk Can Kill a Project Before It Breaks Ground

Geopolitics Is Now a Site Selection Variable

The Missing Middle: Pre-Commercial Life Science Companies and the Incentives Gap Impacting Future Clusters

Transparency and Infrastructure Foresight as Competitive Advantages

Why Industrial Developers Are Turning to On-Site Energy

The Geography of Packaging: Why Location Strategy Matters More Than Ever

The New Industrial Revolution in Biotech

State Incentives for Renewable Energy Business

Richard K. Greene, Senior Associate, Investment Consulting Associates

Nov 09

Share

Richard K. Greene, Senior Associate, Investment Consulting Associates

Related Articles

New Markets Tax Credits Are Now a Permanent Part of the Deal Stack

Last Word: When Incentives Lead, Projects Follow—Often in the Wrong Direction

Capitalizing on the OBBBA Before the 2026 Cliff

The Compliance Reckoning Is Here

The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting

Recent Project Announcements

Nucor Corporation Expands Crawfordsville, Indiana, Manufacturing Operations

Huntington National Bank Renovates Tupelo, Mississippi, Operations

CurTec USA Expands Westminster, South Carolina, Operations

Viakable Expands La Salle, Illinois, Production Operations

Webco Industries Plans Muskogee, Oklahoma, Operations

Anduril Industries Plans Baltimore County Maryland, Shipbuilding Operations

Re:Build Expands Rock Hill, South Carolina, Manufacturing Operations

Canadian-Based Polyethics Industries Plans Antwerp, Ohio, Manufacturing Operations

Bell & Evans Bethel Township, Pennsylvania, Operations

Caterpillar Expands Sanford, North Carolina, Manufacturing Operations

Bayer Plans New Albany, Ohio, Pharmaceutical Manufacturing Operations

Janus Organization Plans Greenwood, Mississippi, Operations

Simpson Strong-Tie Consolidates-Expands Fulton, Missouri, Operations

Adeptus USA Plans Honea Path, South Carolina, Manufacturing Operations

Most Read

The Shifting Landscape of Location Strategy

Q2 2026

Top States for Doing Business in 2026: Where Competitive Advantage Becomes Project Certainty

Q3 2026

Why Great Sites Get Eliminated: The Critical Role of Information Presentation in Site Selection

Q3 2026

What Site Selectors Discuss After the Site Visit Ends

Q3 2026

Steel Is Back—and Infrastructure Is Deciding Where New Mills Locate

Q3 2026

2025’s Top States for Business: How the Winners Are Outpacing the Rest

Q3 2025

Why Relationships Still Win Projects in Site Selection

Q3 2026

Avoid These Red Flags, Deal Killers, and Blunders in Site Selection

21st Annual Shovel Awards: The American Industrial Economy Remade in Real Time

Exclusive Research

Top States for Doing Business in 2026: Where Competitive Advantage Becomes Project Certainty

21st Annual Shovel Awards: The American Industrial Economy Remade in Real Time

40th Annual Corporate and 22nd Annual Consultant Site Selection Survey Results

Leading Metro Locations 2025: Smaller Markets, Stronger Momentum

Magazine

Newsletter

Site Selection & Facility Planning Insider