Repealing energy incentives through the reconciliation bill could lead to hundreds of thousands of loss jobs, higher energy bills and hundreds of lost factory investments across the country, an analysis released by the Solar Energy Industries Association found.
Projects can maintain tax credit eligibility if 5% of total capital expenditure is incurred before legislative changes take effect.
The Solar Energy Industries Association provided analysis of the devastating impact the changes to energy tax credits will have on jobs, manufacturing and the ability to meet the country’s rapidly growing energy demand.
Proposed budget could deter development of renewable energy projects in the U.S., cause a downturn in domestic manufacturing, says a Wood Mackenzie analyst.
The House of Representatives is set to vote on a proposed budget that phases out some IRA tax credits supporting clean energy development.
The Solar Energy Industries Association (SEIA) is seeking public comment on the draft for its upcoming standard that will establish the design, installation and quality requirements for solar and energy storage installations on large commercial and industrial properties.
As Texas suddenly finds itself a leader in both solar deployment and manufacturing, debate in the Texas legislature and U.S. Congress could shape how much Texas once again will shape the nation’s energy trajectory.
A wave of solar projects and manufacturing investments have poured across states that voted for Trump last November.
The bill would scale back residential solar incentives and make existing nuclear energy eligible for renewable energy credits, which critics say would hinder renewable energy buildout.
The Solar Energy Industries Association ranks California, Texas, Florida, Arizona and North Carolina as the top five states in solar capacity.
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.