A change of Presidential administration could threaten billions of dollars in investment and thousands of jobs in critical swing voting states, which host 48% of announced clean energy manufacturing investments.
Now that incentives from the US Inflation Reduction Act (IRA) are well understood, global manufacturers are announcing factories in the United States to constitute much of the solar supply chain. While some plans have been scrapped already, and more cancellations are expected, the broader trend is unprecedented growth.
The Solar Energy Industries Association (SEIA) says a low-income tax credit “adder,” which is part of the Inflation Reduction Act’s (IRA) Investment Tax Credit (ITC), will be replaced by a regime that does not apply to energy storage systems.
Also on the rise: Robots, sheep, SCADA, and more: Highlights from RE+ 2024. In case you missed it–five top solar news stories. And more.
While we watch the spectacle of the 2024 elections unfold, it is wise to consider the implications of a repeal or rollback of the IRA.
The Trace solution includes updated mechanicals, integrated software and controls to include features such as 75° hail stow. See it at RE+ in booth D24705.
In the opening General Session at RE+ 2024, the message is to show up, work together and continue to tell the story of the historic clean energy advances.
If we cut off a significant portion of our module supply, we risk again making a short-sighted policy decision that will erode the U.S. solar industry and slow our progress toward meeting our climate commitments.
A recent survey suggests presidential candidates should speak out more on energy priorities.
Nevados reports that it will soon be taking orders for its domestic content All Terrain Trackers that it says will fully comply with both Treasury’s new elective safe harbor and pre-existing direct cost requirements, helping developers qualify for a 10% domestic content tax credit, which is in addition to the 30% base investment tax credit.
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