U.S. energy storage market sees record growth in Q1 2025
The Wood Mackenzie/American Clean Power U.S. Energy Storage Monitor forecasts 15.2 GW/48.7 GWh of capacity will be added in 2025 across all sectors.
Texas solar module manufacturer sells $50 million in tax credits
SEG Solar closed a sale of 45X manufacturing tax credits. The company reports it has invested more than $60 million in its Houston facility, which has achieved an annual production capacity of 2 GW through two fully automated production lines.
Silfab Solar scores $110 million in sale of advanced manufacturing tax credits
The sale of these credits will generate incremental investments that Silfab Solar will use to expand U.S. manufacturing facilities.
House Republicans warn electricity costs will rise under clean energy tax credit repeal
A letter signed by 12 Republican House of Representatives members voiced strong support for retaining the Biden-era Investment Tax Credit and Production Tax Credit.
Missouri doubles solar capacity with 430 MW facility with U.S.-made components
Construction has begun on the two-phase 430 MW Kelso Solar Project that developer Arevon reports had no opposition due to its impactful public engagement.
Maine union workers urge Congress to keep clean energy tax credits
With a Republican Congress gearing up to reduce federal spending, workers rallied at Maine’s State House to call on Congress to preserve federal tax credits that have led to well-paying jobs and lowered energy costs due to the renewable energy buildout.
Clean energy tax credits as economic drivers
Labor-led organization finds that the Investment and Production Tax Credits support hundreds of energy projects, create good-paying jobs, protect ratepayers from rising energy bills, and boost energy security in the U.S.
Vesper Energy unveils 600 MW Texas project
The Hornet Solar project is projected to monetize more than $500 million in Inflation Reduction Act production tax credits across the next decade.
Republican Congressional support of clean energy tax credits is growing
A letter signed by 21 House members urged Congress to retain long-term clean energy tax credits set forth in the Inflation Reduction Act.
SEMA policy priorities include de-risking the U.S. solar industry, boosting manufacturing
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.
