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U.S.-made optimizers to maximize manufacturing tax credits

Solar optimizer manufacturer, Enteligent, is transitioning its production facilities to the United States in a strategic move aimed at enabling inverter manufacturers to fully capitalize on the Inflation Reduction Act’s (IRA) $0.11/W transferable tax credit.

Solar and storage accounts for one-third of transferable tax credit market in 2023

Crux, a marketplace for transferable tax credits, released a survey of 150 tax credit participants, estimating that $7 billion to $9 billion in total transferable tax credit transactions occurred in 2023, with the market expected to about triple in 2024.

Solar season slows, wind power rises

From January through October 2023, solar photovoltaics contributed 5.78% to U.S. electricity, with just over 6% coming from the source in October alone.

Solar workers furloughed days after unionizing

EmPower Solar executives have furloughed 21 workers citing a market slowdown. Furloughed team members say that these firings are retaliation for a pro-union vote taken just one week earlier by 49 workers.

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More than 50 GW of new solar projected in 2024

A report from the U.S. Energy Information Administration projects about 45 GW of solar projects larger than 1 MWac to be installed in 2024, while Wood Mackenzie estimates 8 GW of small-scale solar.

Rain insufficient for removing tree pollen from solar panels

An analysis by NREL in North Carolina reveals that various types of tree pollen can reduce solar panel efficiency by over 15%. Unlike the immediate improvements assumed to follow heavy rain, recovery of performance post-pollen season is gradual. Manual cleaning post-rain can boost performance by 5% to 11%.

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Small town in Maine bans commercial solar

The township of Moscow, Maine, home to just over 500 residents, banned all commercial solar installations greater than 40 kW within town limits.

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First Solar closes $700 million in tax credit transfer sales

The solar panel manufacturer closed the sale of Inflation Reduction Act tax credits.

All I want for Christmas is one terawatt of solar deployed annually

As the world grapples with the escalating impacts of climate change, our hopes rely on the innovation and implementation of technical solutions, particularly solar, as we scale toward annual deployments of 1 terawatt and beyond.

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U.S. House Energy Committee expresses outrage over solar sales tactics

Committee sent a letter to Jigar Shah’s Loan Program Office asking questions about Sunnova’s sales tactics and customer support, in light of their recently granted $3 billion VPP guaranteed loans.

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