investment tax credit (itc)

Solar and Storage Industry Statement on Final Rules for Technology-Neutral Energy Tax Credits

January 8, 2025 admin batteries, clean power, Energy Storage, investment tax credit (itc), lithium-ion batteries, seia, Solar energy, solar energy industries association (seia), solar investment tax credit (itc)

Credit to Author: Press Release| Date: Wed, 08 Jan 2025 04:44:46 +0000

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]

The post Solar and Storage Industry Statement on Final Rules for Technology-Neutral Energy Tax Credits appeared first on CleanTechnica.

CleanTech Energy News Science

New Report Establishes Baseline for Clean Energy Deployment in Energy Communities

December 17, 2024 admin clean power, energy efficiency, Energy Storage, Fossil Fuels, green economy, green jobs, inflation reduction act of 2022., investment tax credit (itc), lawrence berkeley national laboratory, Manufacturing, market research, policy & politics, policy research, production tax credit, research, Solar energy, solar investment tax credit, wind energy, wind production tax credit

Credit to Author: Cynthia Shahan| Date: Fri, 13 Dec 2024 23:17:57 +0000

For the first time, the Inflation Reduction Act of 2022 included place-based federal tax incentives for projects located in “Energy Communities,” which might alter the economic equation of where projects should be located. Storage projects may be eligible for a 10-point increase in the Investment Tax Credit (e.g., from 30% … [continued]

The post New Report Establishes Baseline for Clean Energy Deployment in Energy Communities appeared first on CleanTechnica.

CleanTech Energy News Science

US Solar Manufacturing Tax Credit — Updated, To Create More Jobs

October 28, 2024 admin clean power, Democrats, green economy, investment tax credit (itc), Joe Biden, kamala harris, Manufacturing, policy & politics, seia, solar cells, Solar energy, solar energy industries association (seia), solar investment tax credit, solar investment tax credit (itc)

Credit to Author: Zachary Shahan| Date: Fri, 25 Oct 2024 03:43:21 +0000

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]

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CleanTech Energy News Science

More US Solar Manufacturing Incentivized By Biden–Harris White House

October 25, 2024 admin clean power, Democrats, Donald Trump, investment tax credit (itc), Joe Biden, Republicans, seia, semiconductor chips, solar cells, Solar energy, solar energy industries association (seia), solar investment tax credit (itc), solar panels

Credit to Author: Zachary Shahan| Date: Wed, 23 Oct 2024 14:07:08 +0000

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]

The post More US Solar Manufacturing Incentivized By Biden–Harris White House appeared first on CleanTechnica.

CleanTech Energy News Science

Inflation Reduction Act To Give U.S. Solar Energy Industry A Much Needed Boost

September 4, 2022 admin clean power, community solar, inflation reduction act of 2022., investment tax credit (itc), market research, research, rooftop solar, Solar energy, solar investment tax credit (itc), solar panels, solar prices, us solar energy, us solar energy growth, us solar energy jobs, us solar energy policy, us solar power

Credit to Author: Zachary Shahan| Date: Sun, 04 Sep 2022 16:17:23 +0000

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. U.S. Solar Energy Growth Has […]

CleanTech Energy News Science

Extending U.S. Investment Tax Credits Through 2050 Increases U.S. Solar Generation By 10%

July 28, 2022 admin clean power, hydroelectric, investment tax credit (itc), production tax credit (ptc), Solar energy, solar investment tax credit, wind energy, wind energy production tax credit

Credit to Author: U.S. Energy Information Administration| Date: Thu, 28 Jul 2022 20:50:52 +0000

Extending investment tax credits (ITC) and production tax credits (PTC) through 2050 for renewable electricity generation increases annual U.S. solar generation by 10%, according to our alternative policy analysis, Annual Energy Outlook 2022: Extended and Sunset Tax Credit Cases. Long-term availability of federal tax credits provides an incentive for more small-scale distributed generation in homes and commercial buildings as well as […]