Sunrise brief: Meyer Burger to bring 2 GW of solar cell manufacturing to Colorado
Also on the rise: How will the latest change to net metering impact solar adoption in California? Solar contractor tool helps quote roofing and solar in one. And more.
2 GW Meyer Burger solar cell factory in Colorado, hints of more coming
The Swiss-German solar machine and module manufacturer has announced it will redirect solar cell manufacturing machines planned for Germany to Colorado in order to get the factory up by the end of 2024, which would make all of their Arizona solar modules qualify for the IRA”s “domestic content”.
House to consider repeal of Investment Tax Credit and Production Tax Credit
The U.S. House Ways and Means Committee scheduled consideration of the Build it in America Act, which smuggles in a repeal of two cornerstone renewable energy policies.
Nextracker manufacturing low-carbon steel components in Memphis
In collaboration with MSS Steel Tubes USA, the operation will provide low-carbon steel components to support the company’s recent 3 GW multi-year agreement with Silicon Ranch for its projects in the Tennessee Valley and greater Southeast.
Treasury Department releases guidance on solar domestic content
The Inflation Reduction Act includes a 10% bonus for solar power projects that use made-in-USA content, and the Treasury released long-awaited details on what that means.
Is 2022 the year that launched the U.S. solar industrial revolution?
The U.S. solar landscape shifted in 2022 with the passage of the Inflation Reduction Act. One result is that manufacturers are clamoring to set up shop to fill in the gaps in the domestic supply chain.
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.
Inside the renewable energy Production Tax Credit (PTC)
Solar is eligible for a production tax credit for the first time since 2006 under the Inflation Reduction Act.
Sunrise brief: The floodgates open for the U.S. solar industry
Also on the rise: California to ban gas-powered car sales by 2035. Production tax credit or investment tax credit? And more.
To PTC or ITC, that is the financial question
CohnReznick Capital has released an analysis comparing the returns on investment of the newly available Production Tax Credit to the standard 30% Investment Tax Credit.
