Key Capture Energy completes ITC tax credit transfer for 200 MW BESS in Texas
Two battery energy storage facilities achieved commercial operation in Texas, along with the transfer of investment tax credits.
Energy storage sets record Q3 growth
The U.S. energy storage market continued its strong growth in Q3. Storage installations, which totaled 3.8 GW, increased by 80% from the previous year. A total of 3,431 MW and 9,188 MWh was deployed in the grid-scale segment, the largest capacity installed in a Q3 on record.
Nextracker delivers first 100% U.S. made solar trackers
The company delivered domestic content tax credit bonus eligible product to a Kern County, California project.
Sunrise brief: Treasury releases final rules for clean energy Investment Tax Credit
Also on the rise: Ten reasons why small-scale, non-utility solar is important. U.S. targets 50 gigawatts of solar in 2024. And more.
Treasury releases final rules for clean energy Investment Tax Credit
Rules for the 48E Energy Credit within the U.S. Inflation Reduction Act have been released.
Should the solar tax credit be 80%?
In markets where consumers face volatile methane prices, MIT researchers propose that increasing installation incentives may be the most effective way to maximize social good and mitigate long-term risks in U.S. electricity markets.
Solar tax transfer for smaller projects: Dissecting a $600,000 tax credit transaction
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.
Technology-neutral proposed tax credit called ‘game-changing policy’
The U.S. Treasury Department has issued further proposed guidance on the IRA, detailing a path to support a broad array of technologies–including solar– with tax credits, and clarifying many additional tax-related items in its latest guidance.
Huge Texas battery energy storage facility begins operation
The 300 MWh Revolution energy storage facility was completed in one year—on schedule and within budget.
Trends in U.S. grid-scale energy storage
The IRA’s investment tax credit for energy storage along with increased utility adoption are critical drivers in the growth of energy storage; however, challenges remain in the build-out of the manufacturing of storage needed to support the U.S. goal of getting to net zero.
