Republican Congress members support retaining clean energy tax credits
At least eight Republican Congress members voiced support for retaining tax credits created by the Inflation Reduction Act of 2022.
Where does solar stand in Trump’s ‘all the above’ energy policy?
Wind and EVs have come under the crosshairs for the Trump Administration, while solar has been relatively unscathed – so far.
Sunrise brief: Trump orders pause to IRA funding
Also on the rise: Palmetto secures $1.2 billion for residential solar financing. BLM seeks public input for Idaho renewable energy and storage projects on 3,800 acres. And more.
Trump orders pause to IRA funding
An executive order released by the White House states, “All agencies shall immediately pause the disbursement of funds appropriated through the Inflation Reduction Act of 2022”.
Coalition of 17 state attorneys general urge Congress to retain clean energy tax credits
The group of attorneys general said the Inflation Reduction Act has had a “catalytic” effect on economic growth, particularly in Republican districts.
Treasury updates domestic content guidance, elevates wafers made in U.S.
The guidance builds on the safe harbor that seeks to simplify domestic content calculations by establishing optional alternative cost percentages for solar developers that use solar cells manufactured with U.S.-made wafers.
Boviet Solar manufacturing facility ready to ramp up in North Carolina
The company plans to manufacture both solar modules and cells in its Greenville facility, following a $294 million investment and the establishment its first North American production hub.
Examining final rules for clean hydrogen tax credit
Industry thought leaders indicate that the changes in the final rules for the 45V tax credits are positive, but they will not reduce dependence on polluting fossil fuels.
Sunrise brief: U.S. electricity rates rise about 5% annually, outpacing inflation
Also on the rise: Half of distribution transformers are approaching end of life. Agrivoltaic pilot program announced in New Jersey. And more.
IRA returns 4X on taxpayer investment
A recent report by American Clean Power finds that the Inflation Reduction Act of 2022 will create millions of jobs, boost economic growth and have lasting impact on the U.S. economy.
