The order tightens the deadline for project tax credit eligibility and orders the Treasury to apply enhanced Foreign Entity of Concern restrictions to imports.
Third Act was founded by environmentalist Bill McKibben who encourages residential solar because solar power works, it is an inexpensive form of power, it lowers energy bills and helps stabilize the grid.
Solar industry leader warns that passage of this bill will weaken the U.S. industries that power the economy and strengthen national security.
pv magazine USA spoke with Solar Insure’s Dean Chiaravallotti who shared his thoughts on ways in which solar businesses can adapt, innovate and be strategic.
Regardless of legislative outcomes, T.J. Rodgers vowed that SunPower would survive any solar-industry policy turbulence.
The Senate has an opportunity to “restore commonsense” and protect taxpayers, the letter states, calling on amendments to the bill that will unleash “the potential of U.S. energy producers, manufacturers, and workers.”
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.
Schneider Electric said it was able to streamline its process for tax credit transfers by collaborating with a range of different types of companies.
BlueGreen Alliance lays out roadmap for increasing private investment in manufacturing, which has grown 71% since passage of Inflation Reduction Act of 2022.
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