A tax expert shared valuable information for non-profits about safe harbor timelines, FEOC restrictions and the congressional process that brought about sweeping changes to federal solar rules.
The 30% Direct Pay credit is set to expire soon. Here’s how nonprofits can still lock in solar savings.
Over 5,300 jobs were lost in the month of June alone as negative policy outcome and ongoing uncertainty led to canceled projects and factories, said the E2 and the Clean Economy Tracker.
Tax credit cuts from the Republican Congressional budget bill have made more than 320 proposed solar and wind projects no longer economically viable, said the business consultancy.
Under the name American Panel Solutions, Corning will expand its footprint by manufacturing solar modules to serve the U.S. solar industry.
When the Residential Clean Energy Credit expires at the end of 2025, as many as 17 states without current third-party ownership providers could see their residential solar marketplaces take a nosedive.
Existing battery projects in California and Texas see upside, while hybrid storage bets in the Midcontinent Independent System Operator (MISO) territory and the Southeast face shrinking margins under the revised tax credit rules.
A report by BloombergNEF estimates after installations rise to 81 GW in the rush to meet deadlines, they will then fall to 48 GW when tax incentives are gone.
Renewable-energy development company formed from a unit of the former Borrego Solar outlines a strong financial foundation but also job curtailments needed to preserve financial strength.
In a review of 75 different installer websites across 10 different states, pv magazine USA found some quick responses to the repeal of the tax credit, meant to generate a sense of urgency to sign solar contracts.
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