House Budget Committee approved bill poses challenges to renewable energy industry
Proposed budget could deter development of renewable energy projects in the U.S., cause a downturn in domestic manufacturing, says a Wood Mackenzie analyst.
House proposed budget cuts clean energy tax credits: An industry reacts
The House of Representatives is set to vote on a proposed budget that phases out some IRA tax credits supporting clean energy development.
Schneider Electric announces facilitation of $1.7 billion tax credit transfers
Schneider Electric said it was able to streamline its process for tax credit transfers by collaborating with a range of different types of companies.
Investing in the solar manufacturing renaissance
BlueGreen Alliance lays out roadmap for increasing private investment in manufacturing, which has grown 71% since passage of Inflation Reduction Act of 2022.
Congress proposes bill to phase out solar and wind tax credits
The plan proposes to phase out the investment tax credit and production tax credit for solar and wind while keeping it in place for other technologies.
Four GOP senators resist IRA tax-credit repeal
Four Republican senators pen letter of opposition to full-scale repeal of energy tax credits contained within the Inflation Reduction Act to incentivize renewable energy manufacturing, development and use.
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.
