Policy

Massachusetts Governor proposes net metering cuts, interconnection reform

Governor Maura Healy submitted a bill that reforms and streamlines billing structures, increases utility accountability and boosts state procurement of clean energy but also cuts compensation for non-residential solar generators. Massachusetts Gov. Maura Healy submitted the Energy Affordability, Independence & Innovation Act, a bill with widespread changes aimed at cutting electricity costs for residents and …

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Ways and Means proposed budget will strike a blow to community solar

Scaling back the Investment Tax Credit could stymie American energy independence, local economic growth and private investment. Community solar provides clean energy to residential ratepayers as well as business owners by letting them subscribe to a portion of an off-site solar facility’s generating capacity, for which they receive credit on their utility bills. The draft …

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Proposed rule changes for Foreign Entities of Concern could alter solar supply chains

By disqualifying projects or companies that do not meet the new criteria, the rules in the House Ways and Means Committee’s proposed budget potentially could sideline clean energy initiatives already in development from receiving credits. Congressional proposal to strengthen and speed tax-credit criteria against companies tied to national adversaries could shrink supply options for much …

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House proposed budget cuts clean energy tax credits: An industry reacts

The House of Representatives is set to vote on a proposed budget that phases out some IRA tax credits supporting clean energy development. The House Ways and Means Committee’s proposed budget reconciliation bill includes early phase-outs of long-term clean energy tax credits created by the Inflation Reduction Act (IRA) of 2022. The proposal cuts about $6.5 …

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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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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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Battery reprieve as U.S.-China tariffs go on hold for 90 days

The battery industry relies on a supply chain in China, and previous headline tariff numbers had painted a tough picture for project affordability and bankability. From ESS News The U.S. and China have agreed to temporarily cut tariffs on each other’s imports, boosting the battery industry through the ongoing uncertainty. With most supply coming from China, …

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House Republicans warn electricity costs will rise under clean energy tax credit repeal

A letter signed by 12 Republican House of Representatives members voiced strong support for retaining the Biden-era Investment Tax Credit and Production Tax Credit. As Congress nears the finish line for the budget reconciliation process, a coalition of 12 House of Representatives members from Republican voting districts are voicing their “strong support” for preserving the …

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