Utility-scale solar will overtake coal in North Carolina's net electricity generation thanks to the declining costs of deploying solar, but the leading position in solar deployment will be threatened in the upcoming years.
The IRS’ guidance on the domestic content tax bonus for solar projects under the IRA “makes it difficult for developers to attempt to access the 10% bonus ITC”, according to Martin Pochtaruk, president of North American solar PV manufacturer Heliene.
The CEO Alliance, which includes utilities Iberdrola and Enel, has released a policy paper which recommends the European Union to accelerate and simplify permitting procedures for renewables.
The state government of Maine passed a law on Monday limiting the scope of Net Energy Billing (NEB) after the scheme saw higher adoption than expected which had an inflationary effect on electricity prices
The US Department of Energy (DOE) has released US$45 million in funding to support domestic solar manufacturing and dual-use PV projects, US$18 million of which is issued under the Bipartisan Infrastructure Law.