budget reconciliation

Reports that US Senator Joe Manchin has decided not to agree to climate measures within President Joe Biden's reconciliation bill has been met with dismay by industry stakeholders.

Dozens of major corporate entities in the US have joined renewable energy organisations in demanding greater action on the Biden administrations’ budget reconciliation package for clean energy and manufacturing as Congress returns from recess.

US Senator Joe Manchin, a Democrat who is key to passing President Joe Biden’s US$1.75 trillion Build Back Better Act (BBB), said yesterday (Sunday) he will not support the package, which he claimed would "risk the reliability" of the country's electric grid.

The US Senate Finance Committee has included manufacturing incentives for domestic producers of solar trackers and inverters in its draft version of the country’s Build Back Better (BBB) budget reconciliation bill.

As Senate Democrats continue negotiations over President Joe Biden’s US$1.75 trillion Build Back Better plan, Jules Scully looks at how the package could drive solar deployment and bolster domestic PV manufacturing.

The US House of Representatives has passed a US$1 trillion bipartisan infrastructure deal that will see the country's power infrastructure modernised to support new renewables projects

US clean energy and climate change measures would receive US$555 billion of investments under a proposed economic framework unveiled by President Joe Biden yesterday (28 October).

The White House has said renewables are still key to its budget reconciliation bill despite rumours of the investment tax credit (ITC) being modified as opposition to the bill by senators Manchin and Sinema continue

The US House Energy and Commerce Committee has included a US$150 billion Clean Energy Performance Programme (CEPP) as part of its US$3.5 trillion budget reconciliation package that would see power companies penalised or supported for the amount of renewable energy they produce.

The US House of Representatives has finally unveiled proposals which would extend the Solar Investment Tax Credit (ITC) for 10 years at 30%, but only for projects meeting certain labour conditions.