Also on the rise: What’s in the Inflation Reduction Act for the solar industry? FlexGen launches modular C&I battery. And more.
Also on the rise: SolaREIT closes $100 million securitization with Nuveen. Fort Riley gets 350 more solar installations on housing. Supply and construction partners selected for Gemini solar project. Mitrex releases the Solar Brick, a BIPV facade.
Also on the rise: Salt Lake City to meet 80% of municipal electricity needs with solar, EV car charging manufacturer receives millions in tax credits, selling solar to underserved communities works best by word of mouth, Standard Solar puts 3.3 MW of solar atop Virginia schools.
California-based Infinity Energy plans to build $11 million facility for manufacturing solar-powered electric car charging stations
The Solar Energy Manufacturing for America Act would establish a tax credit for domestic solar manufacturers in an effort to boost the U.S. solar supply chain, create American clean energy jobs, compete with Chinese manufacturers, and support energy independence.
ACORE suggests the combination of a federal renewable energy standard of 50%, a tax credit for all sources of clean electricity, an up-to $55/ton carbon tax, and a refined focus on how we incentivize construction of modern transmission lines will make our electrical grid cleaner.
The LevelTen Energy Q2 PPA Price Index suggests solar contract pricing will stay flat over the next year, with a broad list of items having effects – up and down – on project pricing’s moderate increase in the first half of 2019.
Two members of the U.S. House of Representatives have introduced a new bill whose purpose is to facilitate greater utilization of the PTC and ITC.
Between consumer protection, an extension of the state solar tax credit and even giving utilities the ability to rate-base large projects, Governor Herbert and the Utah Legislature have been good to solar.
In a Private Letter Ruling published on Friday, the IRS said that a battery added to a solar pv system a full year after solar installation was completed is eligible for a the full 30% tax credit – as long as it is 100% powered by solar.
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