April 25, 2024 | San Diego's Top Solar Company

IRS releases final rules for solar tax credit transferability

The Dept. of Treasury and Internal Revenue Service issued final regulations today describing rules and definitions for the transfer of eligible credits in a taxable year, including specific rules for partnerships and S corporations. The Inflation Reduction Act and the Creating Helpful Incentives to Produce Semiconductors act (CHIPs) enable taxpayers to take advantage of certain …

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IRS issues final guidance for clean energy tax credit transferability

Policy / By Staff

Rules and definitions for the transfer and sale of tax credits, which has quickly grown to a multi-billion-dollar market, largely affirm the proposed guidance from last June. April 25, 2024 The Internal Revenue Service (IRS) released final guidance for the transfer of clean energy tax credits, a provision within the Inflation Reduction Act and the …

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Schneider Electric releases 7-ft and 20-ft BESS designs

Industry / By Staff

Schneider Electric has unveiled an energy storage system for grid-scale applications. The company’s Battery Energy Storage System (BESS) is the cornerstone for a fully integrated microgrid solution driven by Schneider Electric’s controls, optimization, and world-renowned digital and field services. Distribution company Graybar is the first channel partner for Schneider Electric’s new BESS, offered as part of …

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EDP Renewables celebrates its first solar park in North Carolina

Projects / By Staff

EDP Renewables North America LLC (EDPR NA) has completed the Misenheimer Solar Park, the company’s first solar project in North Carolina. Located in the village of Misenheimer, in Stanly County, North Carolina, the solar project is one of the largest in the state, with an installed capacity of 74 MW. Misenheimer Solar Park, which will be …

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U.S. plan to upgrade 100,000 miles of transmission lines in five years

Policy / By Staff

As the Inflation Reduction Act ramps up clean energy efforts across the U.S. the Biden administration outlines a plan to enhance transmission lines to accommodate more power. April 25, 2024 As part of Earth Week announcements from the White House, President Biden announced the ambition to upgrade 100,000 miles of transmission lines over the next …

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CPUC Highlights New Dialing Procedure for Customers in 559 Area Code

News / By Staff

SAN FRANCISCO – The California Public Utilities Commission (CPUC) today reminded residential and business customers served by the 559 area code to prepare for the introduction of the new 357 area code. To ensure a continuing supply of telephone numbers, the new 357 area code will be added as an overlay to serve the same …

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Ameresco installs 230-kW solar portfolio for Massachusetts public utility

Industry / By Staff

Ameresco has announced the installation of a 230-kW solar portfolio for the Wakefield Municipal Gas & Light Department (WMGLD) in Massachusetts. The project is split into two separate systems, the first of which was installed in front of the meter for off-site energy utilization in the form of community solar. The second system was installed …

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Advocates unveil new solutions to improve clean energy interconnection

Industry / By Staff

Today, the Solar and Storage Industries Institute (SI2) released a comprehensive white paper on interconnection challenges in the solar and storage industry and proposed new solutions to accelerate the clean energy transition. The report builds on recent analyses from Lawrence Berkley National Laboratory and the U.S. Department of Energy and recommends that grid operators and …

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EPA releases final rules on reducing pollution from fossil-fuel plants

Policy / By Staff

According to the EPA, the climate and health benefits of the rule that plants must control 90% of their carbon pollution substantially outweigh the compliance costs. April 25, 2024 The U.S. Environmental Protection Agency announced a suite of final rules intended to reduce pollution from fossil fuel-fired power plants, thus reducing climate, air, water, and …

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California licensing board now requiring licensed electricians for energy storage retrofits and maintenance

Industry / By Staff

Late last week, the California Contractors State License Board (CSLB) dealt a blow to the state’s goal of rapidly growing local energy storage capacity, according to the California Solar & Storage Association (CALSSA). The CSLB voted to approve a new rule that would prohibit licensed solar contractors from installing new battery storage capacity to existing …

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Day: April 25, 2024