Changes to tax credits under the Inflation Reduction Act (IRA) could “jeopardise” nearly 300 US solar and energy storage manufacturing facilities, according to trade body the Solar Energy Industries Association (SEIA).
The US House Ways and Means Committee has proposed to bring forward the end date for residential energy tax credits (Section 25D) to the end of 2025, among other changes that could affect the solar industry.
The CEO of America’s main solar trade body, the Solar Energy Industries Association (SEIA), has predicted a difficult few years ahead for the US solar industry as it navigates tariff and policy disruption.