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.
Sunrise brief: Solar tax transfer for smaller projects–Dissecting a $600,000 tax credit transaction
Also on the rise: Meyer Burger set to begin production at U.S. module factory. City of Detroit to install solar in mostly vacant neighborhoods. And more.
Nextracker expands U.S. manufacturing with Unimacts
Owned by Unimacts and located near Las Vegas, this factory will produce steel components exclusively for Nextracker, bringing the tracker specialist’s annual domestic solar tracker capacity to over 30 GW.
Sunrise brief: First Solar beats revenue expectations in Q1 earnings, policy tailwinds emerge
Also on the rise: Crux extends tax credit transfer discounts and support to ACP members. Schneider Electric launches new storage systems for microgrids. And more.
U.S. solar industry week in review
pv magazine USA spotlights news stories of the past week including market trends, project updates, policy changes and more.
