Over $3.1 billion in tax credits for solar, storage, and hybrid projects transferred
Crux’s latest Q3 2024 market update reveals large project tax credit premiums, with significant volumes from energy storage and hybrid solar power plants – and even nuclear power in the mix.
Sunrise brief: Tax credits announced for solar ingot and wafer manufacturing
Also on the rise: Developer bolsters 1.3 GW Vista Sands Solar proposal with detailed benefits analysis. Striking a balance: Growth, energy and decarbonization.
Tax credits announced for solar ingot and wafer manufacturing
New incentives support solar manufacturers and encourage the domestic buildout of the earlier stages of the solar supply chain.
Sunrise brief: Polysilicon prices remain stable ahead of U.S. Department of Commerce’s anti-dumping ruling
Also on the rise: Two utilities share their experience with reconductoring that can enable more solar. Navigating solar panel supply challenges through digitalization. And more.
In case you missed it: Five big solar stories in the news this week
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
Solar developer reduces tariff risk by engaging with supply chain platform
For NewSun Energy, the Anza platform serves as part of its procurement arm, helping the developer mitigate module supply risk and secure fixed pricing and terms despite pending tariffs.
California farmers developing 20 GW solar-plus-storage plan
The Golden State recently signed AB 2661, granting the Westland Water District authority to develop transmission lines that will enable solar energy and storage projects on 130,000 acres of drainage-impaired farmland.
Californians across party lines voice support for solar, distrust of utilities
Despite broad support for rooftop solar, the state’s Governor Newsom, the Public Utilities Commission, and the state’s investor-owned utilities are making it harder for homeowners, schools and farms to install solar.
California utility offers bidirectional EV charging at dynamic hourly rates
Customers of California utility PG&E who own certain models of electric vehicles may enroll in a pilot program for bidirectional EV charging. The program aims to show how improving distribution circuit utilization can keep customer costs down, by reducing the need for distribution upgrades.
Illinois energy storage legislation may save ratepayers $30 per month
A pair of proposed bills aimed at improving grid reliability through installing distributed energy resources like rooftop solar is expected to save the electric bill payers $3 billion through 2050.
