Republican debt ceiling bill guts clean energy in Inflation Reduction Act
The “Limit, Save, Grow Act” proposes to raise the debt ceiling $1.5 trillion while slashing federal spending on clean energy and removing barriers to domestic oil and gas production.
Since IRA, $150 billion investment, 46 factories, 18,000 jobs in renewable energy
Since passage of the Inflation Reduction Act of 2022 in August, utility-scale clean power sector announced $150 billion in funding, 46 new manufacturing facilities, and nearly 20,000 new jobs, said the American Clean Power Association.
U.S. energy storage capacity to increase nearly 6x in five years
Through 2027, the U.S. is expected to add 75 GW of battery energy storage across all sectors, said Wood Mackenzie and American Clean Power Association.
Renewable energy deployment down 16% in 2022
Falling well short of expectations, renewable energy deployment slowed 16% year-over-year, according to an American Clean Power report.
Utility-scale solar slowed in Q3 2022
Solar had its slowest quarter in two years in terms of deployment, hampered by global supply challenges that slowed growth, delayed projects, and drove up prices.
U.S. to deploy 550 GW of new renewables by 2030
The American Clean Power Q3 report has been released. The organization lifted long-term deployment targets to much higher levels following the signing of the Inflation Reduction Act.
Anticircumvention investigation: An industry reacts
The decision has shaken the clean energy world, and many of the solar energy industry’s thought leaders have chimed in with their perspective on the decision and its ramifications.
Records fall as clean energy sector posts a strong start to 2021
Fifteen utility-scale solar projects and two energy storage projects became operational during the first quarter, alongside a 40% increase in wind capacity. Even more is on the horizon, according to a new report.
