Co-location, transferability and prevailing wages
At the SEIA Finance, Tax and Buyers Seminar, Deloitte Tax discussed five potential pitfalls when interpreting and applying the IRA in these early days of its implementation.
Tracking clean energy initiatives under the Inflation Reduction Act
A new website called IRAtracker.org clarifies how the Inflation Reduction Act is taking shape and being implemented across more than a dozen federal agencies.
Massachusetts city offers EV adoption as employee benefit
Partnering with MoveEV to support the transition to EVs is expected to save Easthampton, Mass. about $360,000 per year on gasoline, among other benefits.
Summit Ridge raises tax equity for 50 MW Maine and Illinois solar portfolio
The $67 million investment utilizes the Inflation Reduction Act’s (IRA) Qualified Advanced Energy Project Credit program. Once guidance for low- and moderate-income community incentives and domestic content requirements program is finalized, the developer expects to expand its partnership with the tax investor to fund additional projects in underserved and traditional energy communities.
How installers can communicate the benefits of ESS to customers
Five tips to help your customers make informed decisions about adding energy storage to their homes.
Sunrise brief: Robot dogs monitor for faults at solar plants
Also on the rise: Solar project updates in California, Texas, Arkansas, Tennessee. Transferability, or selling tax credits, top of mind at SEIA Finance. And more.
Transferability, or selling tax credits, top of mind at SEIA Finance
One provision awaiting clarity to proceed is transferability, or the sale of tax credits. This week at the SEIA Finance, Tax and Buyers Seminar, guidance surrounding transferability was the most anticipated topic of discussion for the near-capacity conference audience.
Inside transferability, or selling renewable energy tax credits
The market awaits the U.S. Treasury guidance on direct sales of federal tax credits, but sales are moving forward without waiting, said Norton Rose Fullbright.
U.S. Solar developers take on module manufacturing risk
Multiple deals signed over the last six months have shown solar panel manufacturers using long- term solar module supply agreements with developers to drive factory finance.
RE-volv secures investment to build solar projects for non-profits
Kresge and Schmidt Family foundations funded the investment, which builds off the momentum off a U.S. Department of Energy contract to help BIPOC-led houses of worship go solar.
