The RFP will use capacity contracts to commit DOE to purchase up to 50% of the maximum capacity of a transmission line. February 7, 2024 The U.S. Department of Energy (DOE) announced a request for proposals (RFP) for the second round of the Transmission Facilitation Program. The DOE plans to deploy up to $1.2 billion …
RFP alert: DOE to provide $1.2 billion for transmission buildout Read More »
Three business groups crunched the numbers and found that, if a 30% by 2030 plan was enacted, more than $13.1 billion could be invested in Pennsylvania in that time period and 129,000 jobs could be created. February 5, 2024 The governor of Pennsylvania has made a campaign pledge of 30% renewable energy by 2030. While …
On December 22, 2023, the IRS opened the pre-filing registration portal for credits to be claimed under the Inflation Reduction Act of 2022 (IRA). Registration through the portal is required to obtain a registration number to be included on the income tax return filings needed to claim the tax credits. This registration impacts both tax …
IRS pre-registration portal open for IRA elective pay and transferable credits Read More »
Legislators in Washington State were hoping to boost the state’s community solar program with bills that would establish The Fair Access to Community Solar Act; however, supporters will have to wait another year. February 2, 2024 Washington state was home to the first community solar project in the nation; but it is no longer the leader. …
Utility opposition stymies Fair Access to Community Solar Act in Washington Read More »
The $18.2 million in funding will help Crux grow its team and scale the volumes of annual transferable credits into the billions, the company said. February 1, 2024 Crux, a sustainable finance technology company has raised $18.2 million in Series A funding, bringing its total funding to over $27 million. The company was founded in …
Crux raises funds as it builds market for transferable clean energy tax credits Read More »
The funds are allocated to help communities boost climate disaster resilience with net-zero technologies. January 31, 2024 The Federal Emergency Management Agency (FEMA) announced it is administering three grant programs to ease the cost of net-zero energy projects like solar, heat pumps and energy efficient appliances. This is the first time FEMA will directly fund …
FEMA to help communities build back with grants for solar panels and heat pumps Read More »
Enphase reports that both the IQ8HC and IQ8X are designed to pair with a full range of solar modules up to 540 W. January 31, 2024 Enphase Energy, Inc. has started shipping its new IQ8 Microinverters, IQ8HC and IQ8X in North America. With peak output AC power of 384 W, the new microinverters are designed …
Updated Enphase IQ8 microinverters are shipping in North America Read More »
In attempt to support U.S. manufacturing competition with lower-cost imported solar components, the Senators requested the president invoke Section 301 of the Trade Act of 1974 to enforce tariffs. January 31, 2024 In a joint letter to President Joe Biden, Senators Ossoff (D-GA), Sherrod Brown (D-OH), Marco Rubio (R-FL), and Reverend Raphael Warnock (D-GA) urged …
Bipartisan Senators request increased tariffs on solar imports from China Read More »
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Sunrise brief: Arizona proposes solar power export tax Read More »
Solar assets that export electricity out of the state would be taxed 12.5% per every dollar of revenue made from the sale of electricity. January 30, 2024 Arizona’s Senate Committee on Natural Resources approved in a 3-2 vote to move forward SB 1066, establishing a solar royalties fund that would tax solar generated electricity exported …
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