U.S. solar industry week in review
pv magazine USA spotlights news stories of the past week including market trends, project updates, policy changes and more.
Policy recommendations to support U.S. rooftop solar installation
Rooftop solar has the technical potential to serve 45% of electricity demand, based on 2022 demand levels, said a report from Environment America. As of that year, it served about 1.5% of electricity consumed.
Sunrise brief: California community solar market lies in limbo
Also on the rise: Solar now accounts for over 50% of new electricity capacity added to the U.S. grid. IRS final rules for clean energy tax credit direct pay and transferability. And more.
Proposed New York bill doubles residential solar tax credit to $10,000
The income tax credit is currently capped at $5,000. A proposed bill would double the cap and add provisions to enable low- to moderate-income residents to receive a refund payment.
California community solar market lies in limbo
The California Public Utilities Commission issued a proposed decision that the Net Value Billing Tariff conflicts with federal law, leaving to question the future of the potentially burgeoning community solar market.
IRS releases final rules for clean energy tax credit direct pay and transferability
The Internal Revenue Service (IRS) has released its final guidelines for the direct pay and credit transfer market created by the Inflation Reduction Act.
Solar now accounts for over 50% of new electricity capacity added to the U.S. grid
Looking back at the first full year since passage of the Inflation Reduction Act, the U.S. Solar Market Insight, Year-in-Review 2023 shows that the legislation has skyrocketed the industry and will have a lasting economic impact in terms of energy, jobs and investment opportunity.
This Biden era law has spurred $240 billion in clean energy investment and 170,000 jobs
The Inflation Reduction Act of 2022 set aside record-level funding for climate and energy, supporting this critical decade of energy transition.
Sunrise brief: Massachusetts expands solar net metering, bucking a national trend
Also on the rise: Module prices steady as market mulls price hikes. Baltimore Gas and Electric installs battery storage system to manage winter peaks. And more.
Massachusetts expands solar net metering, bucking a national trend
Massachusetts expanded access to net metering, showing a commitment to distributed energy. The Department of Public Utilities expects to save ratepayers $10 million with the regulatory change.
