Tax credit would target emerging tech in solar, storage, and hydrogen
The bill would offer both a PTC and an ITC and won the support of the Environmental Defense Fund and the American Petroleum Institute.
Here’s what Biden’s infrastructure bill offers solar and cleantech
The $2 trillion package includes a proposed 10-year extension of the ITC and PTC and calls for further incentives to add transmission capacity. Most solar advocates liked it, but one nonprofit panned it as being too industry-friendly.
Lawmakers propose energy storage system tax incentive
The bipartisan legislation would provide a federal investment tax credit for energy storage without the need for solar.
House lawmakers reintroduce the GREEN Act, a ‘critical’ bill for solar
The legislation would extend the federal Investment Tax Credit for solar and create a version for energy storage technology.
Solar PPA prices in the US rise for the second consecutive quarter — after 18 months of decline
LevelTen Energy’s Q3 2020 PPA Price Index report shows that average utility-scale solar PPA prices rose again in Q3, up to $29.3/MWh. And while the ITC step-down and simple economics are to blame, LevelTen shares that the increases are no cause for alarm.
Big gas to blow, powerline tax credit, Trump dumps Paris, and more: pvMB 11/6/19
This is your midweek pv magazine USA morning brief. A report in Colorado shows how adding electric vehicles and building electrification can clean the state, SEIA highlights an additional 70 groups supporting the ITC extension, and more!
The ITC creates local American jobs. Why end it now?
In this op-ed for pv magazine GAF Energy President Martin DeBono calls for an extension of the solar Investment Tax Credit due to its role as an economic incentive for innovation and job and value creation.
SEIA calls for “radical market transformation”
The largest solar trade show in the Western Hemisphere opened last night with a political program by SEIA to push what it describes as radical market transformation, and an alliance with wind. But there are questions about what ambitious means, and what can be achieved.
Fitch sees a decade of corporate wind and solar power procurement growth
Growth in U.S. solar and wind generation capacity will average 7.9% and 3.9%, respectively, between 2022 and 2028 according to Fitch Solutions, who projects almost 120 GW of solar power to be deployed in that period. Corporate clean energy buyers are to be a large part of the trend, and to accelerate deployments during the period.
The great module supply crunch
The volume of large-scale solar under construction in the United States has hit a new high of nearly 10 GW, as solar panel prices continue to rise and supply tightens for projects trying to beat the ITC step-down.
