Policy

Sunrise brief: Treasury releases final rules for clean energy Investment Tax Credit

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Treasury releases final rules for clean energy Investment Tax Credit

Rules for the 48E Energy Credit within the U.S. Inflation Reduction Act have been released. December 5, 2024 The U.S. Department of Treasury has released final rules for the Section 48 Energy Credit, commonly known as the Investment Tax Credit (ITC).  The ITC is a tax credit awarded to investments in qualifying clean energy installations. …

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U.S. solar cell manufacturing begins, with sights set on supply chain gap

According to the U.S. Solar Market Insight Q4 2024 report, domestic module manufacturing will be able to keep up with the rapid pace of growth in the U.S. solar industry, and cell production is ramping up. December 4, 2024 The pursuit of onshoring the U.S. solar manufacturing supply chain has come with the challenge of …

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A Virginia proposal would give the state a role in siting solar and storage over 20 MW

A draft recommendation calls for creating a Virginia advisory board that would regularize permitting of large solar and storage projects, to help guide the state toward meeting its clean energy goals. December 3, 2024 The staff of the Virginia Commission on Electric Utility Regulation has issued a draft recommendation to involve the state in setting …

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New York state’s self-developed 3.5 GW portfolio under due diligence

Under pressure to achieve its 100% clean energy goals by 2040, the NYPA, operating under enhanced authority granted in 2023, is advancing its first 40 self-developed clean energy projects. December 2, 2024 New York, the financial capital of the world, is putting its money where its mouth is; tasking its powerhouse public energy authority with …

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Sunrise brief: California new community solar program still isn’t working

Also on the rise: Solar financing is alive and well. Utility-scale battery storage best practices to mitigate hazards. And more. Maine will not pursue a distribution system operator to advance distributed resources  The Maine Governor’s Energy Office has invited comments on how the state may best meet its energy system goals, including growth of distributed …

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Massachusetts Governor signs transformative clean energy legislation

Massachusetts Governor Maura Healey signed Senate Bill 2967 into law that includes siting and permitting reforms that will help to speed the buildout of solar and other clean energy technologies. It extends regional clean energy procurement timelines and offers battery energy storage incentives along with an energy storage procurement program. The bill also establishes the …

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