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.
Is 2022 the year that launched the U.S. solar industrial revolution?
The U.S. solar landscape shifted in 2022 with the passage of the Inflation Reduction Act. One result is that manufacturers are clamoring to set up shop to fill in the gaps in the domestic supply chain.
Inside the IRA: How does prevailing wage affect my solar tax credit?
The U.S. Department of Treasury has begun to release guidance on the Prevailing Wage & Apprenticeship language in the Inflation Reduction Act, which goes into effect January 23, 2023.
Guidance for solar tax credit prevailing wage and apprenticeship requirements
The Treasury Department released details today on how clean energy developers can receive full value of Investment Tax Credit by using a percentage of registered apprentices and paying prevailing wage.
Canada set to hit 5 GW milestone
Canada is set to install 500 MW of new solar in 2022, bringing its total capacity to about 5 GW, according to data from Canmet Energy. The country is expected to hit 35 GW of total solar capacity by 2050.
Canada introduces major investment tax credits for clean energy
Canada’s 30% tax credits for clean technologies aims to level playing field with the U.S. and spur adoption of green technologies.
