Inside the IRA: How does prevailing wage affect my solar tax credit?
The U.S. Department of Treasury has begun to release guidance on the Prevailing Wage & Apprenticeship language in the Inflation Reduction Act, which goes into effect January 23, 2023.
Solar and storage prices soared as a result of market disruptions, NREL reports
The Covid-19 pandemic, tariffs, the Uyghur Forced Labor Act all created such significant market disruptions between Q1 2021 and Q1 2022 that NREL researchers looked at both short-term distortions and long-term trends in its most recent annual cost benchmark report.
Sunrise brief: California rulemaking to cut solar net metering payments by 75%
Also on the rise: Guidance for solar tax credit prevailing wage and apprenticeship requirements. Battery manufacturer to install massive 3.8 MW rooftop solar system at Pennsylvania HQ. And more.
California rulemaking to cut solar net metering payments by 75%
A vote is expected mid-December on a rulemaking change that would severely dampen the value of new rooftop residential solar installations in the nation’s largest market.
Guidance for solar tax credit prevailing wage and apprenticeship requirements
The Treasury Department released details today on how clean energy developers can receive full value of Investment Tax Credit by using a percentage of registered apprentices and paying prevailing wage.
Sunrise brief: One of the largest solar-plus-storage facilities in Texas achieves operation
Also on the rise: Powin partners with SMA America for 2 GW supply agreement. Corporate solar doubles since 2019, displacing 20.4 million tons of carbon annually. And more.
The case for no anti-circumvention tariffs
The United States has several good reasons to hold off on new import tariffs: the Inflation Reduction Act, China’s high solar competency, U.S. prior commitments to grow its solar fleet, and the shift of solar manufacturing from China to new nations.
Canada set to hit 5 GW milestone
Canada is set to install 500 MW of new solar in 2022, bringing its total capacity to about 5 GW, according to data from Canmet Energy. The country is expected to hit 35 GW of total solar capacity by 2050.
Sunrise brief: Ohio county rejects ban on utility-scale solar.
Also on the rise: Honnold Foundation receives $2 million to bring solar energy to underserved communities. First stop on hydrogen highway. And more.
Ohio county rejects ban on utility-scale solar, but 10 counties retain it
Clark County, Ohio will no longer be under threat of a ban of 50 MW or larger solar and wind projects. But, 10 counties still retain the ban caused by 2021 legislation.
