Today the U.S. Department of the Treasury released final rules for the Section 48E technology-neutral energy Investment Tax Credit (ITC). Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA): “The United States must adopt an all-of-the-above energy strategy to meet surging demand … [continued]
Solar manufacturing credits and the Solar For All program are all on the chopping block in the next administration.
I know, it’s hard to keep track of all these cleantech tax credits. The US is now offering tax credits for solar panels, solar cells, electric cars, batteries, wind turbines, heat pumps, and more. The Inflation Reduction Act created some new ones, extended others, and is stimulating a lot more … [continued]
The US is in the midst of a manufacturing revival like the country has never seen. A strong portfolio of policies from the Inflation Reduction Act of 2022, the CHIPS and Science Act of 2022 (CHIPS), and the Bipartisan Infrastructure Law has stimulated a huge manufacturing boom related to electric … [continued]
Updated data compilation from Berkeley Lab tracks operating and proposed plants
The U.S. solar energy industry has grown tremendously in the past decade. That growth has actually been one of the most phenomenal economic growth stories across the whole U.S. economy. However, the “Covid Era” hit solar hard, and it has struggled to get back on the trajectory it was on. … [continued]
How Inserting a Key Provision Could Save Americans Billions and Accelerate the Transition to a Cleaner and More Reliable Power System
Courtesy of RMI. By Ryan Shea & Russell Mendell Through the Justice40 Initiative, President Biden has made clear that bringing clean energy benefits to marginalized and low-income communities is a priority. Right now, low-income households experience up to three times higher energy burden (the percent of household income spent on energy costs) than high-income … [continued]
Solar power keeps getting cheaper and keeps growing year after year, now accounting for nearly half of new power capacity in the United States. But coal and fossil methane (also deceivingly called “natural gas”) power plants need to be retired more quickly than they have been. We need to cut … [continued]
One decade ago, I was writing about the rapid growth of solar power in the United States and the exciting forecast for much more solar growth in the country. The past couple of years have again brought record solar installations in the United States, and record solar activity more broadly. … [continued]
