Despite the upcoming loss of federal tax credits, community solar developers and investors can prevail if they prioritize states with strong legislation and financial incentives.
Foreign entity of concern (FEOC) rules deny tax credits for projects that exceed using certain thresholds of Chinese products.
The order tightens the deadline for project tax credit eligibility and orders the Treasury to apply enhanced Foreign Entity of Concern restrictions to imports.
The bill cancelled residential solar tax credits at the end of 2025 and added new timelines and restrictions for tax credits under Sections 45Y and 48E.
Power purchase agreements are customizable, flexible agreements that enable utility buyers to purchase clean energy, even if the business is not located near the solar generation facility. They can be structured in a myriad of ways, such as through busbar agreements or block delivery.
Solar and other clean energy industry members react to the passage of the “One Big, Beautiful Bill Act.”
The data company says investments of $1.2 trillion in battery energy storage systems (BESS) will be required to support the installation of over 5.9 TW of new wind and solar capacity globally through 2034.
Legacy software can’t keep up with the demands of modern solar projects. A flexible head-end system could be the missing link.
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
A mixed bag for solar, Michigan’s Maximining American Grid Affordability Act would establish a community solar program and financial incentives for agrivoltaics, but also place a cap on how much solar is allowed statewide, prohibit Chinese solar panels, and require local zoning approval for all projects.
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