In its final ruling, domestic manufacturing of solar ingots and wafers have been included with a 25% tax credit under Section 48D of the Advanced Manufacturing Investment Credit rules.
US solar developer Origis Energy has secured a US$136 million construction financing facility and conversion to term loan with financial group Mitsubishi UFJ Financial Group (MUFG) for a PV plant in Florida, US.
With the United States on the cusp of an IRA-driven surge in utility-scale PV deployment, Mark Bolinger and Joachim Seel of the Lawrence Berkeley National Laboratory cover key technology and market trends in this synopsis of their annual “Utility-Scale Solar” report series.
Between US$7 and US$9 billion in transferable tax credit transactions were made last year in the US, according to a report from Crux, an ecosystem for entities to transact and manage transferable tax credits.
US renewables asset manager Arevon Energy has reached financial close on its 157MW/150MW (600MWh) Vikings solar-plus-storage project in Imperial County, California.
The US Department of Energy (DOE) announced a new tax incentive last week (19th October) for solar and wind projects in low-income and “underserved” communities, as well as Tribal lands.
