Eighteen Republican members of the U.S. House of Representatives have urged House Speaker Mike Johnson to preserve the Inflation Reduction Act (IRA) if their party takes control of the political reins in January.
With a goal of achieving net neutrality by 2030, the University at Buffalo is not just generating clean energy with its solar installations, but serving as an example of how solar can become part of the landscape.
The owner and operator of the 160 MW North Fork Solar project signed the tax credit facilitation agreement with Bank of America.
Basis Climate has closed its smallest IRA transferable tax credit deal to date, marking the end of an era dominated by million-dollar minimum tax credit transactions.
Taxpayers seeking to claim the highest available investment and/or production tax credits for renewable energy projects must comply with the prevailing wage and apprenticeship requirements.
Owned by Unimacts and located near Las Vegas, this factory will produce steel components exclusively for Nextracker, bringing the tracker specialist’s annual domestic solar tracker capacity to over 30 GW.
The brownfield credit is significant and, therefore, it behooves a project developer to understand the definitions and rules in order to avoid any potential liability while also qualifying for the credit.
Also on the rise: Technology-neutral proposed tax credit called ‘game-changing policy’. Less than 3% of farmland could power the Midwest. And more.
The key to ensuring expected financial returns from the IRA comes down to a single word: compliance, and tax credit compliance is fraught with risk and complex to manage.
The U.S. aims for a domestic solar supply chain, but the industry’s capacity to serve the early stages in solar manufacturing are minimal. Will its recent industrial policy efforts make a difference?
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