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investment tax credit

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!

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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. 

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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.

2

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.

1

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.

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The rapid maturation of the U.S. energy storage market

This op-ed by Eversheds Sutherland looks at some of the financial drivers and supporting policies that underlie the rapid development of the U.S. energy storage market.

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5-year ITC extension introduced in U.S. House, Senate

The twin bills would extend the 30% Investment Tax Credit (ITC) for another five years, with an identical step-down schedule.

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SEIA mobilizes the solar industry for another ITC extension

The trade organization has gotten nearly 1,000 companies to sign on to a letter calling for an extension of the ITC. But can it move Congress?

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State regulators: The next lobbying front in the solar revolution

In this op-ed for pv magazine Tony Clifford explains the key role that state public service commissions have in shaping policy for solar, and why it is necessary for the solar industry to have an effective presence there.

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Solar power project pipeline partying like it’s 1999

Per S&P Global Market Intelligence’s installation data, the total U.S. utility-scale solar project pipeline grew by 5.8 GWac in Q3 ‘2018, with the 2019-2020 pipeline increasing by greater than 50% over the last two quarters to 23 GW.

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