Hydroelectric energy is electric power generated by harnessing the energy of flowing or falling water.
The Investment Tax Credit (ITC) is a significant taxation provision that promotes certain types of investments by offering tax incentives for investing in qualifying assets, especially in areas like renewable energy, technology, and equipment.
A renewable natural resource refers to a natural resource that can replenish itself over time and is therefore not used up irrevocably. Examples include solar energy, wind energy, and forest products.
