Philip Shen of Roth Capital: pandemic relief package could extend ITC and include ‘refundability’

Share

Philip Shen of Roth Capital is suggesting that the pandemic relief package includes a one year extension of the 26% ITC — and that the ITC extension might include “refundability.”

Image

According to new information from BloombergNEF,  it took 5 years for global wind+solar installations to double from 50 GW to 100 gigawatts a year (2010 to 2015); It’s possible that it takes only another five years to double again, from 100 GW to 200 GW/year.

https://pbs.twimg.com/media/EpYoCKuXIAAqRI0?format=png&name=900x900

Quinbrook Infrastructure Partners, an investor in lower carbon and renewable energy infrastructure, established a joint venture with Birch Infrastructure to develop and construct renewables-powered hyperscale data center campuses in the U.S. “Demand for high-performance computing and data storage is expanding at an extraordinary pace, as is the need for those resources to be powered by renewable energy, which makes now the opportune time,” said David Scaysbrook, co-founder and managing partner of Quinbrook.Quinbrook considers that demand for data computing and storage capacity is likely to grow at unprecedented rates over coming years as internet adoption rates increase and the products and services used by these internet users also increase in size.  Source: Quinbrook Infrastructure Partners

Menomonee Falls Harley-Davidson completed a record-breaking project with We Energies in November: the largest single rooftop solar panel system in Wisconsin. This project, part of We Energies’ Solar Now pilot program, put nearly 8,400 solar panels on the roof at Harley-Davidson’s Pilgrim road powertrain operations facility, said Conway. The panels can produce 2.25 megawatts. Source: Milwaukee Journal Sentinel

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Share

Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.