Treasury and IRS released proposed 45V guidance on credit for hydrogen production, which may be available to some facilities into the 2040s.
A report from The Brattle Group and DNV recommends clearing barriers in the U.S. to high-voltage direct current (HVDC) transmission. HVDC transmission projects show many cost-saving use cases, but so far, transmitting solar power is rarely among them.
Trade group ACORE recommended long-distance, high-voltage transmission within the PJM grid region along with other, faster measures to help the grid operator approve 167 GW of pending solar, storage and wind projects.
In a survey, 100% of investors and developers see increasing investment opportunity in the U.S. renewable energy market when compared to other major countries.
Also on the rise: BMW electric vehicle battery supplier breaks ground on 30 GWh factory. Solar development found to not impact biodiversity. And more.
Biden vetoed the repeal, saying it would undermine the efforts to ramp up domestic manufacturing to support a burgeoning solar industry and would create uncertainty for businesses and workers in the U.S. solar industry.
A government analysis of the Southwest Power Pool grid region reveals that interconnection costs for connected solar power projects have doubled, and a quarter of projects are encountering costs 400% higher, leading to withdrawal.
The Inflation Reduction Act includes a 10% bonus for solar power projects that use made-in-USA content, and the Treasury released long-awaited details on what that means.
The administration recommended acceleration of critical electric transmission, acceleration of permitting on federal lands, and cutting duplicative and burdensome analysis and reviews.
Environmental justice now means equal protection from environmental harm, equal employment in the renewable energy industry, and alleviating energy poverty, says an essay in the National Urban League’s report “2023 State of Black America.”
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