“Time is of the essence” to safe harbor solar components to secure U.S. tax credits
Projects can maintain tax credit eligibility if 5% of total capital expenditure is incurred before legislative changes take effect.
U.S. solar and storage industry calls for changes in reconciliation bill
The Solar Energy Industries Association provided analysis of the devastating impact the changes to energy tax credits will have on jobs, manufacturing and the ability to meet the country’s rapidly growing energy demand.
House Budget Committee approved bill poses challenges to renewable energy industry
Proposed budget could deter development of renewable energy projects in the U.S., cause a downturn in domestic manufacturing, says a Wood Mackenzie analyst.
How nonprofits can finance solar and storage
A recent webinar from the Clean Energy Group unpacks how nonprofits can take advantage of the Inflation Reduction Act’s Direct Pay Provision.
House proposed budget cuts clean energy tax credits: An industry reacts
The House of Representatives is set to vote on a proposed budget that phases out some IRA tax credits supporting clean energy development.
House proposes early phase out of IRA clean energy tax credits
The Investment Tax Credit and Production Tax Credit are cut years ahead of schedule and credit transferability is repealed under the proposal.
House Republicans warn electricity costs will rise under clean energy tax credit repeal
A letter signed by 12 Republican House of Representatives members voiced strong support for retaining the Biden-era Investment Tax Credit and Production Tax Credit.
Missouri doubles solar capacity with 430 MW facility with U.S.-made components
Construction has begun on the two-phase 430 MW Kelso Solar Project that developer Arevon reports had no opposition due to its impactful public engagement.
Letter from 38 Republicans calls for full repeal of “green new scam”
House Republicans are clashing over the fate of Inflation Reduction Act tax credits, which have led to over $130 billion in private investment announcements.
Maine union workers urge Congress to keep clean energy tax credits
With a Republican Congress gearing up to reduce federal spending, workers rallied at Maine’s State House to call on Congress to preserve federal tax credits that have led to well-paying jobs and lowered energy costs due to the renewable energy buildout.
