Nearly 3.6 million people in the U.S. work in clean energy, with over 500,000 jobs added in the past five years, but growth may be stymied by federal actions, said a report from E2.
Arizona Governor Katie Hobbs issued an executive order focused on energy affordability and cutting red tape as recent federal actions will “jeopardize 151,122 energy-related jobs and $104 billion in private investment across the Arizona economy.”
The One Big Beautiful Bill Act (OBBBA), a related executive order and other policy developments introduce new risks to the solar and energy storage industries in the United States. Changes to tax law affect everything from residential rooftop systems to utility-scale projects. Jesse Pichel and Lev Seleznov of Roth Capital Partners examine the key provisions in recent U.S. policy announcements and their likely impact on the industry.
The One Big Beautiful Bill Act (OBBBA) is loaded with negative measures for the U.S. solar industry. What does the bill mean for solar project development over the coming years?
As the impacts of U.S. energy policy upheaval begin to spread, new capital structures are emerging. In the short term, developers will race to finish projects to qualify for federal incentives being removed on an accelerated timeline. pv magazine spoke with Trenton Allen, CEO of Sustainable Capital Advisors, who sees this period as an opportunity to build momentum that will endure beyond the policies that supported it.
In face of “Trump’s wrecking ball,” California Gov. Newsom issued an executive order to fast-track clean energy projects that may be at risk of losing federal support.
Turning challenges into opportunities as the U.S. solar and storage sectors enter a phase of major policy and market realignment.
VDE America’s Brian Grenko says a focus on portfolio management and risk mitigation can help developers succeed.
Tax credits are set to expire and new restrictions to imports will apply. Michael John David, accounting director for the CPA firm Scrubbed weighs in.
pv magazine USA spoke with tax lawyers about the added layers of diligence and complexity that Foreign Entity of Concern rules bring to tax credits (excluding hydrogen), and how to traverse four years of ongoing construction under new Safe Harbor guidance.
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