Repeal of two tax credits would raise residential customer bills 7% across the country, and even more for businesses, said a report from NERA Economic Consulting.
Corning, Suniva and Heliene combine strengths to produce what will be the first solar module with polysilicon, wafers and cells made in the United States.
As industry players are nervously watching the administration’s decision to temporarily freeze and review several provisions within the Inflation Reduction Act, the Solar Energy Manufacturers of America Coalition spells out its priorities.
The announcement comes after the EPA instantly froze the funds last month.
Wood Mackenzie’s report explores the progress made against renewable power targets and the implications of Trump 2.0.
Generated from the manufacturer’s U.S. facilities, First Solar expects to receive gross cash proceeds of approximately $819 million upon the transaction’s completion.
Clean energy investment strengthens energy security, creates jobs in their districts and ensures long-term economic stability—and Republican-led states are seeing some of the largest clean energy investments, with hundreds of projects and jobs in their backyards.
Also on the rise: Freyr Battery abandons plans for Georgia battery factory. Colorado permitting red tape adds thousands to rooftop solar cost, finds study.
A federal judge ordered the Trump administration to immediately restore frozen federal funds allocated to states, including those appropriated by the Inflation Reduction Act.
Four municipal utilities in Massachusetts, led by developer Lightshift Energy, are using Basis Climate to facilitate tax credit transfers for battery storage, with plans for up to 50 MW of capacity, ranging from 3 MW/9 MWh to 5 MW/22 MWh.
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