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.
Canada formalizes six-year 30% federal ITC credit, among other incentives
The made-in-Canada plan mirrors the U.S. Inflation Reduction Act, including two new ITCs targeting clean energy and technology manufacturing that will remain at 30% through 2033, stepping down to 15% in 2034 before phasing out altogether after 2034.
U.S. solar workforce needs to double in less than a decade
Yet nearly 90% of solar firms reported they have had difficulty finding qualified applicants. How can the U.S. ready a qualified workforce?
Falling costs, 15 GW of US solar module production, and TOPCon trends
A recent Wood Mackenzie report looks at trends and challenges in the burgeoning US solar market, including manufacturing stimulated by the Inflation Reduction Act.
Sunrise brief: New Jersey boosts solar with new Competitive Solar Incentive program
Also on the rise: U.S. to deploy 30 GW, 111 GWh of grid-scale energy storage in three years. Joint venture commits $400 million to standalone battery buildout in Texas. And more.
The clock is ticking on the IRA’s prevailing wage and apprenticeship requirements
Developers and contractors should create and implement compliance programs to ensure appropriate record-keeping to substantiate their payment of prevailing wages and use of appropriate apprenticeship programs.
Inside the IRA: How does prevailing wage affect my solar tax credit?
The U.S. Department of Treasury has begun to release guidance on the Prevailing Wage & Apprenticeship language in the Inflation Reduction Act, which goes into effect January 23, 2023.
Sunrise brief: California rulemaking to cut solar net metering payments by 75%
Also on the rise: Guidance for solar tax credit prevailing wage and apprenticeship requirements. Battery manufacturer to install massive 3.8 MW rooftop solar system at Pennsylvania HQ. And more.
Guidance for solar tax credit prevailing wage and apprenticeship requirements
The Treasury Department released details today on how clean energy developers can receive full value of Investment Tax Credit by using a percentage of registered apprentices and paying prevailing wage.
