Domestic content, energy communities and tax equity among top ACORE Policy themes
Speaking at the ACORE 2023 Policy Forum, three renewable energy executives and an industry banker shared their prognostications for how soon we should expect to see tax credit and equity transferability occur, as well as a wishlist of IRA policy items that they hope to hear guidance on this year.
Sunrise brief: Interest in solar apprenticeship expands in response to IRA
Also on the rise: 13 European PV equipment makers pitch their machines to U.S. PV manufacturers. EV batteries alone could satisfy short-term grid storage demand. And more.
Interest in solar apprenticeship expands in response to IRA
Apprenticeship programs across the country, such as Rethink Electrical Advanced Program in Illinois, are seeing record numbers of students who are learning the ins and outs of solar installation.
Sunrise brief: World to deploy as much renewable energy in the next five years as the last 20
Also on the rise: Nevada’s largest utility to deploy 440 MWh battery energy storage system. Stellantis signs second largest corporate PPA on record for 400 MW of solar. And more.
Sunrise brief: New Jersey boosts solar with new Competitive Solar Incentive program
Also on the rise: U.S. to deploy 30 GW, 111 GWh of grid-scale energy storage in three years. Joint venture commits $400 million to standalone battery buildout in Texas. And more.
The clock is ticking on the IRA’s prevailing wage and apprenticeship requirements
Developers and contractors should create and implement compliance programs to ensure appropriate record-keeping to substantiate their payment of prevailing wages and use of appropriate apprenticeship programs.
Solar apprenticeship program to train and employ 10,000+ Illinois residents
The Sustainability Hub, a partnership between Summit Ridge Energy, 548 Enterprise, Ecademy and the Power52 Foundation, plans to train veterans and other Illinois residents for solar careers.
Inside the IRA: How does prevailing wage affect my solar tax credit?
The U.S. Department of Treasury has begun to release guidance on the Prevailing Wage & Apprenticeship language in the Inflation Reduction Act, which goes into effect January 23, 2023.
Sunrise brief: California rulemaking to cut solar net metering payments by 75%
Also on the rise: Guidance for solar tax credit prevailing wage and apprenticeship requirements. Battery manufacturer to install massive 3.8 MW rooftop solar system at Pennsylvania HQ. And more.
Guidance for solar tax credit prevailing wage and apprenticeship requirements
The Treasury Department released details today on how clean energy developers can receive full value of Investment Tax Credit by using a percentage of registered apprentices and paying prevailing wage.
