U.S.-made optimizers to maximize manufacturing tax credits
Solar optimizer manufacturer, Enteligent, is transitioning its production facilities to the United States in a strategic move aimed at enabling inverter manufacturers to fully capitalize on the Inflation Reduction Act’s (IRA) $0.11/W transferable tax credit.
Sunrise brief: Guidance released for 45x clean energy manufacturing tax credits
Also on the rise: Record-breaking Q3 for U.S. energy storage deployment. Form Energy awarded $30 million for 100-hour iron-air battery project in California. And more.
Sunrise brief: Heliene expands solar manufacturing in the U.S.
Also on the rise: Treasury overloaded by renewable energy low-income tax credit applications. RFP alert: New York seeks “expedited” solar. And more.
Sunrise brief: Tesla string inverter may challenge Enphase and SolarEdge
Also on the rise: U.S. solar generation has grown 12x in a decade. Tax credit boost for solar projects serving low-income and tribal communities. And more.
Tax credit boost announced for solar projects serving low-income and tribal communities
Applications are now open for the Low-Income Communities Bonus Credit Program supported by the Inflation Reduction Act. The program’s goal is to expand access to low-cost and clean energy for underserved communities.
Direct pay, transferability guidance released for clean energy tax credits
The Internal Revenue Service released the rules for which credits and entities qualify for various transactions related to Inflation Reduction Act tax credits.
50 states of solar incentives: New Mexico
Currently ranked 20th in the country for installed solar, the outlook for solar in the state is bright, with SEIA projecting that nearly 4 GW will be added in the next five years, popping the state up to the 12th spot.
Five state energy leaders describe how IRA incentives are helping their states
Officials from clean energy states discussed how the Inflation Reduction Act is advancing rooftop solar, customer savings, economic development, and grid reliability, and described the extent of community support they see for the clean energy transition.
LG reveals plans for U.S. heat pump factory
LG Electronics North America has revealed plans to manufacture 100% electric heat pumps in the United States for the first time.
Massachusetts city offers EV adoption as employee benefit
Partnering with MoveEV to support the transition to EVs is expected to save Easthampton, Mass. about $360,000 per year on gasoline, among other benefits.
