The 300 MWh Revolution energy storage facility was completed in one year—on schedule and within budget.
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.
Also on the rise: VPPs get the VIP treatment, defining domestic content in solar projects, and more.
Also on the rise: Tribal community breaks ground on solar canal, new MPPT approaches, and more.
Also on the rise: Treasury releases guidance for clean energy Investment Tax Credit. Solar tracker manufacturing comes to East Texas. And more.
Section 48 guidance has been released, updating the requirements for the ITC under the Inflation Reduction Act.
The introduction of transferable solar tax credits under the Inflation Reduction Act (IRA) is revolutionizing the solar finance landscape, with online transfers occurring, and nuanced techniques to maximize value developing.
A compelling proposal is crucial to grabbing the homeowner’s interest before they close the door and head back inside.
Applications are now open for the Low-Income Communities Bonus Credit Program supported by the Inflation Reduction Act. The program’s goal is to expand access to low-cost and clean energy for underserved communities.
If approved, the projects are expected to generate 772 MW of electricity, or enough to power about 200,000 Virginia homes.
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