House to consider repeal of Investment Tax Credit and Production Tax Credit
The U.S. House Ways and Means Committee scheduled consideration of the Build it in America Act, which smuggles in a repeal of two cornerstone renewable energy policies.
Sunrise brief: It’s unanimous–U.S. renewable market most attractive to investors
Also on the rise: By 2035 IRA will drive $200 billion in solar wages. Three ways states can fix interconnection of distributed solar and storage. And more.
IRA equals consolidation, diversification
The funds flowing from the U.S. Inflation Reduction Act (IRA) could prompt solar installers to diversify their offerings to homeowners. The IRA may also lead to consolidation among solar equipment manufacturers, writes Jessica Fishman, a clean energy marketing professional.
By 2035 IRA will drive $200 billion in solar wages
A new report by Dartmouth and Princeton University found that solar and wind project developers stand to reap significant cost savings by using U.S.-manufactured components and paying workers fair wages, thanks to investments tied to the Inflation Reduction Act.
Rooftop community solar projects a key IRA thrust
At the ACORE Finance Forum, investors said a key challenge that statewide community solar programs do not yet address is how to unlock the opportunity of hundreds of thousands of building rooftops for solar development and bringing access to residents who rent their apartment.
U.S. Inflation Reduction Act poses threat for Australia in green hydrogen race
Former Reserve Bank of Australia Deputy Governor Guy Debelle has warned that the U.S. Inflation Reduction Act (IRA) poses a “material threat” to Australia’s push to become a green hydrogen superpower.
U.S. solar market expected to triple in size in five years
The solar industry had its best first quarter in history as supply chain challenges fade, according to U.S. Solar Market Insight Q2 2023 report.
Southern Florida college to fill gap for more certified solar workers
St. Petersburg College recently partnered with the University of Central Florida’s Florida Solar Energy Center (FSEC), the first solar energy apprenticeship program registered with the U.S. Department of Labor.
Additional guidance released for energy communities IRA tax credits
The Treasury, Department of Energy and Internal Revenue Service provide details on the Qualifying Advanced Energy Project Credit program that makes available $10 billion in tax credits for energy communities.
Community solar developer Nexamp secures over $400 million in financing
Led by U.S. Bancorp and Mitsubishi, the tax equity and debt commitments are expected to enable the company to support the construction of 49 solar and energy storage projects.
