4 Key Takeaways | Solar Industry & Chinese Tariff Update
The California Energy Commission (CEC) last Friday released a draft strategic plan for offshore wind development, which estimates a potential generation capacity of up to 59.6 GW off the state’s coast and lays out strategies...more
The Biden administration hopes to create a commercial nuclear fusion facility within 10 years as part of the nation’s transition to clean energy, U.S. Energy Secretary Jennifer Granholm said on Monday. Fusion works by...more
Last Thursday, the California Public Utilities Commission (CPUC) approved a plan that will set the state on a course to adding 86,000 MW of new resources to the grid by 2035. That amounts to “more than a doubling of the...more
The Biden administration on Tuesday outlined how states and nonprofit groups can apply for $27 billion in funding from a “green bank” that will provide low-cost financing for projects intended to cut planet-warming greenhouse...more
The Inflation Reduction Act’s incentives for energy storage projects in the U.S. came into effect on January 1, 2023. Standout among those measures is the availability of an investment tax credit (ITC) for investment in...more
HB 741, a bill passed by Florida’s Senate and House of Representatives and awaiting the signature of Governor Ron DeSantis, is expected to devastate the state’s growing solar power industry. ...more
Lifting U.S. import tariffs would knock 30% off solar system prices, according to new study - Greentech Media – February 4 - Solar system prices dropped 90 percent over the last nine years, but the decline was...more
Zambia sets sights on yet more solar as another 34 MW is connected to grid - The 34 MW Ngonye solar photovoltaic plant, in Zambia, has been connected to the country’s grid and has started operations....more
Topics covered include tax equity, the solar start of construction rules, the investment tax credit (“ITC”) and tax basis risk after the Federal Circuit’s opinion in Alta Wind, the inverted lease structure, back-leverage...more
In September, the State of Hawaii Department of Taxation issued a letter ruling (Hawaii Letter Ruling No. 2018-01) that clarified the “placed in service” requirement in the application of the Renewable Energy Technologies...more