With passage of a trifecta of clean energy legislation, the U.S. now has strong industrial policy that is building out domestic manufacturing, bringing jobs to the U.S., increasing clean energy capacity, driving the economy and more. What could change?
In the keynote speech on Day Three of pv magazine Week, John Smirnow discussed the Inflation Reduction Act as industrial policy and how the U.S. has the opportunity to be a true leader in solar manufacturing.
Also on the rise: Utility-scale solar additions hit 46.8 GW since start of 2023. Primergy closes $225 million in financing for solar-plus-storage portfolio. And more.
The financing includes a $125 million tax credit sale for Gemini, one of the largest solar-plus-storage facilities operating in the U.S.
Also on the rise: Should the solar tax credit be 80%? Coalition of 28 organizations files brief in support of continued net metering in Puerto Rico. And more.
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
Solar and battery manufacturers as well as non-profits filed a bill stating that the net metering policy was legally enacted and is crucial for the ability of Puerto Ricans to keep the lights on.
In markets where consumers face volatile methane prices, MIT researchers propose that increasing installation incentives may be the most effective way to maximize social good and mitigate long-term risks in U.S. electricity markets.
On Day One of pv magazine Week, Dr. Heather Boushey, chief economist in the Investing in America Cabinet, shared insight into the ways in which solar has become an economic driver since passage of critical clean energy policy.
Also on the rise: Solar wins on cost. Retrofitting batteries increases solar plant revenue 29% to 81%. And more.
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