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Silfab Solar scores $110 million in sale of advanced manufacturing tax credits

The sale of these credits will generate incremental investments that Silfab Solar will use to expand U.S. manufacturing facilities. Silfab Solar, a Canadian-based manufacturer with solar module and cell production facilities in the U.S., announced the sale of up to $110 million Section 45X Advanced Manufacturing Production Tax Credits. The sale of these credits will …

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HOMIE and Climate First Bank expand residential solar financing services to 49 states

HOMIE, a home solar and weatherization company, is partnering with Climate First Bank with the goal of expanding access to financing for low and middle-income homeowners seeking energy upgrades. “Partnering with Climate First Bank is a powerful step toward making our mission a reality,” said Travis Montaque, Founder of HOMIE. “We are focused on removing… …

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Draft budget kills residential ITC, preserves large-scale and manufacturing credits

In a section titled “Working Families Over Elites,” the House Ways and Means Committee has eliminated the residential investment tax credit in its draft budget bill. Working-class households would be unable to receive the 30% tax credit for installing rooftop solar if the bill’s language is passed as-is. It’s just one update to clean energy… …

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Solar ticks 19th consecutive month as largest source of new electricity capacity in US

Solar and wind accounted for almost 98% of new electrical generating capacity added to the U.S. grid in the first quarter of 2025 and were the only sources of new capacity in March. The SUN DAY Campaign reviewed data from FERC to find that March 2025 was the 19th consecutive month where solar was the… …

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Georgia Power kicks off construction on 765 MW of BESS | Projects Weekly

Projects Weekly kicks off with an construction initiative from Georgia Power to build 765 MW of new energy storage facilities. Also included are two other storage projects from Leeward Renewable Energy and EDP Renewables. Plus, the latest solar project news from Nexamp, Parliament Energy and more. Keep reading to learn more about these projects. Georgia …

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SEIA drafts standard for solar, energy storage installations on commercial and industrial properties

The Solar Energy Industries Association (SEIA) is seeking public comment on the draft for its upcoming standard that will establish the design, installation and quality requirements for solar and energy storage installations on large commercial and industrial properties. The Solar Energy Industries Association (SEIA) released the draft of its upcoming standard, SEIA 251: Solar and …

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House proposes early phase out of IRA clean energy tax credits

The Investment Tax Credit and Production Tax Credit are cut years ahead of schedule and credit transferability is repealed under the proposal. The U.S. House of Representatives Ways and Means Committee has submitted its proposed budget plan, which includes cuts and reductions of core clean energy tax credits and incentives from the Inflation Reduction Act …

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Virginia governor vetoes bills that would have bolstered long-duration energy storage

On May 2, Republican Gov. Glenn Youngkin vetoed two bills that would have required Virginia utilities to invest in both short- and long-duration energy storage, as well as convene work groups and technology demonstrations to conduct research on such technologies. Companion bills SB1394 and HB2537 would have required at least 780 MW of short-duration energy… …

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