Republican Congress members support retaining clean energy tax credits
At least eight Republican Congress members voiced support for retaining tax credits created by the Inflation Reduction Act of 2022.
Wood Mackenzie predicts solar growth will stagnate in 2025
Wood Mackenzie’s latest report forecasts that 493 GW (DC) of solar will be added throughout the world this year, compared to 495 GW in 2024. Solar module prices are expected to rise this year as manufacturers aim to recover profit losses from the past two years.
Section 179D energy efficiency tax deduction tools updated
The DOE has launched a web portal to enable faster tax deduction calculations for energy efficiency upgrades that drive 25% savings in lighting, HVAC, water heating, and building envelopes (but not solar).
Palmetto secures $1.2 billion for residential solar financing
The capital is expected to support 2024 and 2025 Palmetto LightReach residential solar contracts.
Coalition of 17 state attorneys general urge Congress to retain clean energy tax credits
The group of attorneys general said the Inflation Reduction Act has had a “catalytic” effect on economic growth, particularly in Republican districts.
Global solar module prices mixed on varying demand expectations
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Trump policy risks to battery energy storage industry
Five major risks are on the horizon, said Clean Energy Associates.
Five solar businesses added to forced labor list, banned from U.S. entry
Under the Uyghur Forced Labor Prevention Act (UFLPA), five businesses in China were added to an entity list, making them ineligible to provide products and services in the United States.
Where will lithium-ion battery prices go in 2025?
After tumbling to record low in 2024 on the back of lower metal costs and increased scale, lithium-ion battery prices are expected to enter a period of stabilization.
Model predicts solar to supply 50% of global energy demand by 2035
Solar energy will satisfy more than 50% of global energy demand within a decade according to a new modeling tool that also predicts solar costs will continue falling by 10% a year.
