Industry thought leaders indicate that the changes in the final rules for the 45V tax credits are positive, but they will not reduce dependence on polluting fossil fuels.
The final rules for clean electricity production credit and the clean electricity investment credit provide clarity around what clean electricity technologies qualify for the credits.
David Burton, attorney with Norton Rose Fulbright and specialist in energy tax law, looks at tax credit transfer, domestic content, energy communities, prevailing wage and more.
Also on the rise: A look at the prevailing wage and apprenticeship final rule. Spontaneous glass breakage on solar panels on the rise. And more.
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.
Also on the rise: U.S. grid-scale storage grows 84%, residential storage 48%. Planted Solar reports doubled energy per acre with terrain-following array. And more.
According to the Treasury Department, developers of clean energy projects may be able to claim an increased credit equal to five times the base incentive.
Also on the rise: Treasury and IRS propose renewable energy prevailing wage and apprenticeship requirements. Eos Energy aims for 8 GWh of annual energy storage production capacity in the U.S. by 2026. And more.
A new report by Dartmouth and Princeton University found that solar and wind project developers stand to reap significant cost savings by using U.S.-manufactured components and paying workers fair wages, thanks to investments tied to the Inflation Reduction Act.
St. Petersburg College recently partnered with the University of Central Florida’s Florida Solar Energy Center (FSEC), the first solar energy apprenticeship program registered with the U.S. Department of Labor.
Welcome to pv magazine USA. This site uses cookies. Read our policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.