Canada Comes Out With Its Own ‘IRA’
Canada Gives Big Boost To Clean Electricity & Clean Technology Manufacturing With Refundable Investment Tax Credits
Taking a cue from its neighbor the US, Canada has come out with its own financial and regulatory support package for clean electricity offering a 15% refundable investment tax credit (ITC), and also ‘clear and predictable’ tax credits for clean t.
Canada Tries To Follow US Way With ITC
Canada To Offer $6.7 Billion Investment Tax Credit For Clean Technologies Till 2034 On Lines Of US’ Inflation Reduction Act
Canada has now proposed to introduce an up to 30% ITC for investments in clean technologies including solar PV, storage and clean hydrogen worth $6.7 billion with a focus on net-zero technologies.
US Senate Settles For $369 Billion Clean Energy Investment
With Joe Manchin On Board of Senate Democrats, Joe Biden’s US Solar Manufacturing Plan One Big Step Forward To Take Off
US President Joe Biden finally managed to bring around his namesake Senator Joe Manchin to agree to a $369 billion investment in Energy Security and Climate Change Programs by 2030, while also announcing measures to lower home electricity costs with solar.
US Solar ITC Safe Harbor May Get Extended
Bipartisan US Senators Demand Solar ITC Safe Harbor Extension Due To COVID-19; Treasury Department Hints At Rules Modification
The Treasury Department of the US government has responded positively to a request from a group of senators that asked for deadlines for federal Investment Tax Credit (ITC) and Production Tax Credit (PTC) for solar and wind power developers, respectively.
US Solar Industry Loses Fight For 30% ITC Extension
US Federal Government Rejects Solar PV Industry Demand For Extension Of Investment Tax Credit Of 30%; SEIA Calls It ‘Missed Opportunity’ While ACORE Terms It ‘Squandered Opportunity’
Before federal US policymakers close head for their Xmas holidays, the US solar industry had its hopes for an extension of the 30% ITC dashed as Congress did not consider the demand, unlike from the peers of the wind industry..
Latest Videos
- Trina Solar on Forbes China Top 50 Innovative Companies List
- Astronergy announces its global sustainability commitment to SBTi
- DAS Solar’s 4GW high efficiency module project has commenced production in Inner Mongolia
- AIKO statement on patent infringement claims noticed by the Company
- Trina Solar Vertex S+ Clear Black modules power PV demonstration project with high-performance, beauty and sustainability
