Instability, uncertainty put U.S. energy dominance at risk
Many of the largest clean energy developers and investors in the U.S. would likely increase their activity in the U.S. clean energy sector as long as no changes were made to energy tax credits, according to study by American Council on Renewable Energy.
Solar equipment providers streamline domestic content credit monetization
Commercial and industrial solar installers can tap SolarEdge and Enstall in a partnership with certified public accounting firm Novogradac and tax credit marketplace operator Crux to access a streamlined approach to qualifying for and accessing the domestic content bonus tax credit.
Sunrise brief: Solar backlash in Michigan stymies project expansion
Also on the rise: Examining final rules for clean hydrogen tax credit. Virtual power plant capacity must expand to meet demand. And more.
Sunrise brief: Texas storms show industry’s solar hail defenses work
Also on the rise: Treasury releases final rules for technology-neutral clean electricity credits. Despite wind and solar’s low costs, PPAs remain vital. And more.
The launch of a new renewable energy investment bank
Catalina Energy Capital reports it has three significant solar and battery energy storage infrastructure deals complete and is on track to advise on over 4 GW of solar and storage assets by the end of this year.
Should the solar tax credit be 80%?
In markets where consumers face volatile methane prices, MIT researchers propose that increasing installation incentives may be the most effective way to maximize social good and mitigate long-term risks in U.S. electricity markets.
Tax credits announced for solar ingot and wafer manufacturing
New incentives support solar manufacturers and encourage the domestic buildout of the earlier stages of the solar supply chain.
Heliene receives $54 million investment to boost U.S. manufacturing
The closing of the strategic equity investment from Transition Equity Partners will help Heliene build out both solar cell and module manufacturing in the U.S.
Nevados trackers to qualify as domestic content in 2025
Nevados reports that it will soon be taking orders for its domestic content All Terrain Trackers that it says will fully comply with both Treasury’s new elective safe harbor and pre-existing direct cost requirements, helping developers qualify for a 10% domestic content tax credit, which is in addition to the 30% base investment tax credit.
Sunrise brief: U.S. Bureau of Land Management advances over 6 GW of solar projects
Also on the rise: U.S. clean energy tax credit market to reach $25 billion in 2024. Six states offer grants to help local governments automate solar permitting. And more.
