Sunrise brief: What happens to the IRA under a new administration? 

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What happens to the IRA under a new administration?  Norton Rose Fulbright conducted a live podcast with tax and legal experts who discussed what could be on the chopping block in the massive Inflation Reduction Act, passed in 2022.

DOE announces $9.5 million award for Iowa’s first microgrid project  The Montezuma project with a 3 MW solar installation and a battery energy storage system is expected to lower energy costs for residents by as much as 18% and to reduce transmission costs for the utility by 34%.

Primergy secures $588 million for 408 MW solar project in Texas Microsoft entered a power purchase agreement for 100% of the plant’s production.

Solar profits drying up The Invesco Solar exchange-traded fund (ETF) under-performed the S&P 500 and Dow Jones Industrial Average (DJIA) stock indexes in January 2024. Jesse Pichel, a managing director at Roth Capital Partners, attributes this to logistics and apparent cashflow problems for some solar companies.

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