President Joe Biden believes he can win support for the energy and environmental initiatives included in his Build Back Better (BBB) Act, saying he is confident of getting “big chunks” of the US$1.75 billion legislation signed into law.
US President Joe Biden’s Build Back Better Act, which contains a plethora of policy mechanisms in support of solar and energy storage, would appear to still be at a deadlock after Democrat Senator Joe Manchin said there were “no negotiations going on”.
Around 5.3GW of solar was installed in Germany last year, however the trade body has warned that additional barriers will need to be “torn down” if the new German coalition government’s target of 200GW of operational solar capacity by 2030 is to be met.
With Democrats needing to come up with revised legislation to salvage President Joe Biden’s US$1.75 trillion Build Back Better Act, renewable energy provisions should be prioritised to accelerate decarbonisation efforts, writes Jules Scully.
US-based solar tracker manufacturers have welcomed the inclusion of domestic manufacturing incentives for tracker components included in a draft version of the country’s Build Back Better (BBB) bill, saying the proposed measures would drive job creation.
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.
Solar modules sold in the European Union (EU) could be subject to lower value added tax (VAT) rates after an agreement was reached this week by finance ministers from across the bloc.
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
