New York announces $16 million fund for clean hydrogen research and demonstration
The office of Governor Hochul released funds administered by the New York State Energy Research and Development Authority (NYSERDA).
Direct pay process, tax credit transfer recapture risk and more
At the Solar Energy Industry Association’s annual event in Times Square, experts delved into the complexities of the Inflation Reduction Act and its impact on solar financing.
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.
U.S. community solar installations expected to more than double by 2028
The cumulative total of community solar installations is expected to reach 14 GW in the United States by 2028, according to a report by Wood Mackenzie.
Sunrise brief: North Carolina appeals court weighs critical rooftop solar decision
Also on the rise: Publicly traded solar installer Sunworks files for bankruptcy. New York Power Authority seeks proposals for 5.2 MW solar project. And more.
RFP alert: New York Power Authority seeks proposals for 5.2 MW solar project
NYPA looking for proposals for solar installation at State University of New York at Oneonta, preferably with a battery energy storage system. A second, non-lithium long-duration energy proposal is sought.
Sunrise brief: Long-duration energy storage market to reach $223 billion in 20 years
Also on the rise: Solar recycling headquarters and research lab opens in Arizona. IRS pre-registration portal open for IRA elective pay and transferable credit
Five drivers of New York City solar energy expansion
Changing regulations, programs, and renewable energy targets are placing New York City on a path for increased solar buildout.
Seven community solar projects to deliver bill savings to low-income residents
Walmart, U.S Bancorp Impact Finance and Reactivate closed a tax equity transaction on the portfolio of solar projects in New York and Illinois.
April total eclipse to impact solar generation from Mexico to New England
In a new weekly update for pv magazine, Solcast, a DNV company, reports that areas in the totality, where the moon completely blocks the sun, will see a 100% loss in solar generation for the duration of the totality.
