US RE Tax Credits Now Multibillion-Dollar Market
Transferable Tax Credits Market Grew Up To $9 Billion In 2023, Raising Clean Energy Tax Attributes To $30 Billion
Thursday, 18 Jan 2024
A new study by Crux Climate says the US allowing renewable energy companies to sell federal tax credits for cash under the Inflation Reduction Act (IRA) is turning out to be a multibillion-dollar market.
Canada Comes Out With Its Own ‘IRA’
Canada Gives Big Boost To Clean Electricity & Clean Technology Manufacturing With Refundable Investment Tax Credits
Thursday, 30 Mar 2023
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
Saturday, 05 Nov 2022
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
Thursday, 28 Jul 2022
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 Extends 2019 ITC Safe Harbor
US Treasury Department Allows 2019 Solar Power Projects To Secure Equipment Till October 15, 2020 In View Of COVID-19, Under ITC
Saturday, 30 May 2020
SEIA called the solar ITC safe harbor extension as giving an additional layer of clarity to solar projects that started in 2019.
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
Wednesday, 13 May 2020
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’
Thursday, 19 Dec 2019
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..
Subscribe To Newsletter
Latest Videos
#China Solar PV News Snippets: Drinda's Q1 solar cell shipments surge; CECEP Solar to raise RMB 2.95B; @JASolarOfficial postpones HJT pilot plant; @ChinaSPIC initiates over 72 GW ...of clean energy projects; China Huaneng building 850 MW offshore PV project https://taiyangnews.info/china-solar-pv-news-snippets-238/
Italian solar energy association @italia_solare has warned that the government’s decision to ban ground mounted PV installations on agricultural sites will lead to a loss of ...around €60 billion & jeopardize #Italy's 2030 solar targets #solarenergy #SOLAR https://taiyangnews.info/italian-solar-industry-concerned-blocking-agricultural-land-use-italia-solare/
Independent energy company energyRe has secured $240 million in financing and tax equity commitments for its 108 MW DC Lone Star Solar Project with 198 MWh storage, calling it one... of the largest solar and storage facilities in the southeastern US #solarpv https://taiyangnews.info/energyre-240-million-financing-equity-commitment-us-project/
Renewable energy company @AmeaPower signs long-term PPA for its 120 MW Doornhoek Solar PV Project in #SouthAfrica with national utility @Eskom_SA, marking its entry into the ...African nation. The project was one among 5 selected under REIPPPP bid window 6 https://taiyangnews.info/amea-power-secures-south-african-power-purchase-agreement/
Panelists on #day2 of @TaiyangNews Virtual Conference on #PVProductionEquipment were unanimous in their view that local solar module production is definitely achievable, but need ...to find market, demand & offtakers first to ensure success #solarenergy #solarpv #RenewableEnergy
- Huasun Wins Customer Innovation Award from H.B. Fuller for Its Pioneering Application in Solar Industry
- LONGi Supports ATP Miami Open as a GOLD Sponsor and Fosters Broader Brand Awareness
- DMEGC Solar exhibits Infinity RT modules at Solar & Storage Live London 2024
- Huasun Heterojunction Solar Cells Achieve Record-breaking Efficiency of 26.5% in Mass Production
- JA Solar Solidifies Partnership with Exel Solar Through 200MW PV Module Distribution Agreement