Direct pay, transferability guidance released for clean energy tax credits
The Internal Revenue Service released the rules for which credits and entities qualify for various transactions related to Inflation Reduction Act tax credits.
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.
50 states of solar incentives: Washington
Washington State’s adoption of solar took off in 2022, nearly doubling the cumulative installed capacity in a mix of residential and utility-scale projects.
Strong policies expand the solar industry, creating more resilient future
The Paris Agreement of 2015 marked a milestone in the effort to combat climate change, and since then, governments including Canada and the United States have undergone a political and economic transformation focused on achieving net-zero goals, with renewable energy resources, particularly solar energy, playing a vital role.
Co-location, transferability and prevailing wages
At the SEIA Finance, Tax and Buyers Seminar, Deloitte Tax discussed five potential pitfalls when interpreting and applying the IRA in these early days of its implementation.
OYA Renewables closes financing for New York community solar pipeline
Funding from construction-to-term loan and tax equity commitment to finance construction of 15 community solar development projects in New York State.
U.S. Solar developers take on module manufacturing risk
Multiple deals signed over the last six months have shown solar panel manufacturers using long- term solar module supply agreements with developers to drive factory finance.
IRS releases guidance on low-income solar tax credit booster
According to IRS guidance, 1.8 GW of solar is eligible for 40% and 50% tax credits via the IRA, with the Low-Income Communities Bonus Credit Program.
50 states of solar incentives: Ohio
Solar currently provides less than 1% of Ohio’s electrical needs. That is expected to change, however, as nearly 8.8 GW of mostly utility-scale solar is expected to be installed over the next five years, making Ohio one of the top five solar states in the country.
Website traffic up 83% in 2022 reflects a dynamic solar industry
Greater than 5 million pages were viewed last year on pv magazine USA, driven by interest in net metering, the IRA, and rooftop wind.
