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.
Alberta lifts moratorium on renewable energy projects
The government of the Canadian province of Alberta has announced plans to ban new renewables projects on high-quality agricultural land and within a 35 km radius of areas with pristine views, following a nearly seven-month pause on approvals for such installations.
Sunrise brief: Solar generated 5.5% of U.S. electricity in 2023, a 17.5% increase
Also on the rise: Grid operators in California and Texas earn “B” grades, others score poorly. Calculating potential impact of EPA’s $7 billion Solar for All program. And more.
Calculating potential impact of EPA’s $7 billion Solar for All program
Solar for All can jumpstart the solar market and expand the benefits of solar far beyond the initial five years of the program. Clean Energy States Alliance notes that after the award decisions are announced, additional states will be evaluating strategies and more households will benefit from this funding over time.
The importance of community solar in all-of-the-above renewable energy strategy
Recent studies show the many benefits of community solar, and to keep it on an upward trajectory, the Coalition for Community Solar Access encourages growth in third-party programs.
Massachusetts lawmakers urged to adopt “million solar roofs” equivalent
In California, Governor Schwarzenegger’s million solar roofs initiative spurred the nation’s largest small-scale solar market. Environment America created a petition to support a 10 GW buildout of solar in Massachusetts to preserve its forests and other lands.
