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Month: January 2024

The Solar Policy Scoop: January 2024

Treasury issues guidance on IRA advanced solar manufacturing creditWashington, D.C. In December, the federal government issued proposed regulations to provide guidance for the advanced manufacturing production credit established by the Inflation Reduction Act (IRA). The new Section 45X provides a credit for the production (within the United States) and sale of certain eligible components including …

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Sunrise brief: Energy storage provider Bluetti enters Texas solar market

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Idaho ends net metering, shifts instead to net-billing system for solar compensation

The Idaho Public Utilities Commission (PUC) approved on Dec. 29, 2023, a shift to a net-billing system instead of compensation based on a kilowatt-hour-for-kilowatt-hour basis for solar system owners. The vote came after years of public, expert and environmental community pushback and is an approval of Idaho Power’s own internally determined rate calculation. The Sierra …

Idaho ends net metering, shifts instead to net-billing system for solar compensation Read More »

I am a community solar lender. Here’s what I’m looking for.

Sunwealth installation at Edwards Church in Framingham, Miss. If you develop small- to medium-size community solar projects, chances are you’ve struggled to find the right financing. Maybe equity doesn’t meet all your needs. Or, you’re holding onto the project for the medium or long term, and you want to collect cash flow. In either case, …

I am a community solar lender. Here’s what I’m looking for. Read More »

Building a U.S. battery supply chain

U.S. demand for battery energy storage systems will grow six-fold by 2030, according to a recent report by SEIA, but only with serious investment, coordination with experienced manufacturers and collaboration with allies. January 2, 2024 The recent report “Energizing American Battery Storage Manufacturing” by the Solar Energy Industries Association (SEIA), noted that credits offered through …

Building a U.S. battery supply chain Read More »

First Solar closes $700 million in tax credit transfer sales

U.S. thin-film solar module manufacturer First Solar announced it closed two separate tax credit transfer agreements to sell $500 million and $200 million of Inflation Reduction Act advanced manufacturing tax credits. Under the tax credit transfer, Fiserv agreed to pay $0.96 per $1 of tax credits to First Solar during the first half of 2024, …

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Alliant completes 6 projects, triples solar capacity in Wisconsin

Alliant Energy’s 100 MW Springfield project is one of the company’s six recent solar projects. Wisconsin’s energy future is looking brighter as Alliant Energy has completed six new solar projects in the state. Already the top utility in terms of Wisconsin solar generation, the completion of these projects adds 514 MW of solar energy, tripling …

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Next2Sun, iSun to build first vertical agrivoltaics system in Vermont

U.S. solar company iSun Inc. and German agrivoltaics pioneer Next2Sun Mounting Systems GmbH plan to build an innovative agrivoltaics system in Vermont. The companies have been cooperating since the beginning of 2023 to jointly establish Next2Sun’s vertical agrivoltaics system in the United States. Construction of the first agrivoltaics plant with the Next2Sun system will begin …

Next2Sun, iSun to build first vertical agrivoltaics system in Vermont Read More »

Sunrise brief: Treasury and IRS released proposed 45V guidance on credit for hydrogen production

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment. Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties …

Sunrise brief: Treasury and IRS released proposed 45V guidance on credit for hydrogen production Read More »

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