White House announces framework for its Build Back Better agenda
The framework includes a 10-year expanded tax credit for utility-scale and residential clean energy, transmission and storage, clean passenger and commercial vehicles, and clean energy manufacturing.
House panel offers details on solar benefits in $3.5t budget bill
If passed later this year, the bill as currently drafted would extend the full ITC for 10 years before phasing it down between 2032 and 2033.
Sunrise brief: Solar developers beware! Congress could revoke a key tax credit
Also on the rise: National Grid and NYSERDA challenge New York community solar program, Canadian Solar sells a stake in an energy storage project, and here’s how you can help bring emergency solar to New Orleans.
Solar developers beware: Congress could revoke a key tax credit provision
An otherwise pro-renewables bill in Congress would repeal a key policy that has underpinned large-scale solar development. Up to now, few solar developers have been aware of this wolf in sheep’s clothing.
Solar highlights in the Senate’s $3.5 trillion budget proposal
The budget bill aims to fight climate change with investments in clean electricity and home electrification, to be funded by higher taxes on corporations.
Sunrise brief: Bill would expand ITC to include integrated solar roofs
Also on the rise: A report names groups that are anti-solar and reveals their strategies, Illinois limits HOA power over rooftop solar, and SunPower added 13,000 customers in Q2 as it looks for big growth to close the second half.
Bill would expand the ITC to include integrated solar roofs
The RAISE the Roof Act would allow the entirety of an integrated solar roof to be covered by the investment tax credit.
Sunrise brief: An energy tax credit that wins the support of the fossil fuel industry and environmentalists?
Also on the rise: A startup invents a breakthrough battery electrolyte, renewables generated a record amount of electricity in 2020, a 250 MW solar project is proposed in Wyoming, and more.
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.
