investment tax credit

Series of consultations begin today with the goal of delivering "comprehensive legislation" with solar and other renewables powering a clean US economy.

Without the ITC solar will generate 12% of US electricity in 2030 instead of 16%, according to the SEIA.

IHS Markit: Europe to add 19GW and US to overtake India in year where PV installations will reach 129GW worldwide and return to double-digit growth.

A large tranche of utility-scale solar – and storage – projects in Hawaii has been approved by the state’s Public Utilities Commission (PUC), each quoting a cost per kilowatt hour of US$0.10 or under.

The US government has been urged to recognise the “critical role” energy storage can play in making the grid cleaner and able to accept more renewable energy, by increasing the eligibility of batteries and other technologies to receive the Investment Tax Credit (ITC).

The solar investment tax credit (ITC) has survived a major round of tax reform in the US but demand for credits generally could fall.

New analysis from Deutsche Bank reveals that even if President-elect Trump follows through with all his anti-clean energy promises surrounding the Clean Power Plan, the Paris Agreement and the ITC, all is not lost for the US clean energy industry.

The Clean Power Plan has been killed by Republicans and is now pronounced dead, a group of finance experts have said, who also agree the ITC extension could be next.

Tax equity has been hailed the ‘biggest hold back for the market so far’ according to Sunnova CEO John Berger, and other finance experts.

The solar investment tax credit (ITC) is set to be extended beyond 2022 with the current 30% level remaining until 2019.