Recurrent Energy transfers $103 million in tax credits for Oklahoma project
The owner and operator of the 160 MW North Fork Solar project signed the tax credit facilitation agreement with Bank of America.
Solar tax transfer for smaller projects: Dissecting a $600,000 tax credit transaction
Basis Climate has closed its smallest IRA transferable tax credit deal to date, marking the end of an era dominated by million-dollar minimum tax credit transactions.
Summit Ridge to procure 800 MW of Qcells solar panels
The recent agreement brings the total to 2 GW of solar modules that the community solar specialist will purchase from Qcells, mostly manufactured in its facility in Georgia.
A look at the prevailing wage and apprenticeship final rule
Taxpayers seeking to claim the highest available investment and/or production tax credits for renewable energy projects must comply with the prevailing wage and apprenticeship requirements.
Nextracker expands U.S. manufacturing with Unimacts
Owned by Unimacts and located near Las Vegas, this factory will produce steel components exclusively for Nextracker, bringing the tracker specialist’s annual domestic solar tracker capacity to over 30 GW.
Solar visionaries form ReCreate, bringing 5 GW solar module and cell manufacturing to Tennessee
Dean Solon and Hamlet Tunyan, two solar industry leaders, have partnered on a new venture that will bring 5 GW of solar cells and 5 GW of solar modules to U.S. and EU markets.
Startup Giraffe Financial aims to unravel tax credit complexities for businesses
Giraffe received a $1.5 million pre-seed round of funding and plans to help underserved small- and medium-sized businesses access IRA tax credits.
Walking the hazardous line of qualifying for the brownfield energy tax credit
The brownfield credit is significant and, therefore, it behooves a project developer to understand the definitions and rules in order to avoid any potential liability while also qualifying for the credit.
Sunrise brief: A new federal transmission rule won’t help renewables projects anytime soon
Also on the rise: The IRA effect on domestic supply chain. Solar carport to provide 100% electricity needs for Los Angeles Six Flags. And more.
Technology-neutral proposed tax credit called ‘game-changing policy’
The U.S. Treasury Department has issued further proposed guidance on the IRA, detailing a path to support a broad array of technologies–including solar– with tax credits, and clarifying many additional tax-related items in its latest guidance.
