New 3.5 GWDC manufacturing facility planned in the U.S. Southeast; Ohio plant expands and gets a $185 million upgrade. August 30, 2022 First Solar, Inc. announced plans to invest up to $1.2 billion in scaling production of American-made solar modules, an investment that is forecast to expand the company’s ability to produce modules for the U.S. …
CohnReznick has released an analysis comparing the returns on investment of the newly available Production Tax Credit to the standard 30% Investment Tax Credit. August 25, 2022 Since the late 2000s, the federal government has supported the solar industry – first through a grant, and later through a tax credit that offset the up-front costs …
After implementing SB 52 last fall, ten rural Ohio jurisdictions have banned large “single interconnection” wind or solar facilities in unincorporated areas. August 24, 2022 Ten Ohio counties have banned large-scale wind and solar farms, and two more are currently considering a ban. This was enabled by Ohio putting into law SB 52 in the …
Ten Ohio counties have banned large scale wind and solar Read More »
Environmental Working Group calls on Governor Newsom and state regulators to reject the recent anti-rooftop solar ruling working its way through the California Public Utilities Commission. August 19, 2022 Temperatures in central California are rising steeply, and the increased demand on the grid leads to increased blackouts. More solar power, particularly rooftop solar, can help …
Historic drought and heat highlight need for rooftop solar in California Read More »
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$15 billion of the funds appropriated under the Inflation Reduction Act will support low-income and disadvantaged communities, including $7 billion for zero-emission technologies such as rooftop solar. The other $12 billion will support additional investments in low- and zero-emission projects. August 18, 2022 Green banks may compete for $27 billion from a federal Greenhouse Gas …
Green Banks may compete for $27 billion from fund set up by Inflation Reduction Act Read More »
President Joe Biden signed the Inflation Reduction Act (IRA) of 2022 into law, marking the largest climate and energy spending package in U.S. history. Inside the massive energy, climate, and tax bill is $600 billion in spending, $370 billion of which is dedicated to supporting renewable energy buildout and climate resilience. The IRA mandates a …
The largest climate and energy package in U.S. history becomes law Read More »
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Sunrise brief: Qcells scouts for location of 9 GW solar module manufacturing facility Read More »
A large quantity of solar panels have been detained by US customs under enforcement of the Uyghur Forced Labor Prevention Act (UFLPA). Philip Shen, managing director of ROTH Capital Partners said an industry contact reports as much as 3 GW have been held since the law has been enacted. As much as nine to 12 …
Over 3 GW of solar panels have been held in US customs under forced labor law Read More »
The landmark legislation has been met with celebration in the US solar industry as it prepares for a record decade of deployment. August 15, 2022 Both the US Senate and House of Representatives voted to enact the Inflation Reduction Act of 2022. It now must reach President Biden’s desk, where he is expected to sign …
Solar industry reacts to passage of the Inflation Reduction Act Read More »
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