tax credits

The US Senate has narrowly passed – with a 51-50 vote and with vice-president JD Vance breaking the tie – the reconciliation bill yesterday (1 July) without the solar and wind excise tax.

Heliene has completed the sale of Section 45X Advanced Manufacturing Production Tax Credits in association with Minnesota-based U.S. Bank.

First Solar has sold US$311.8 million in tax credits to “a leading financial institution” under the rules set out in the IRA.

The US Senate Finance Committee draft bill is a “stake in the heart” of US solar manufacturing, according to Democrat senator, Ron Wyden.

The levelised cost of energy (LCOE) for utility-scale solar PV in the US has tightened for a third year in a row, according to Lazard’s latest report.

Policy uncertainty in the US is likely to disrupt investment in clean energy, according to a recent report from Crux.

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.

A broad coalition of US energy companies and groups have called for clean energy tax credit support in the US, amidst Trump's recent executive orders.

Insurer kWh Analytics has been awarded US$500,000 to develop a 'tax credit insurance product' for the distributed renewable energy sector.

The US Department of the Treasury and the Internal Revenue Service (IRS) have released final rules for the Clean Electricity Investment and Production Tax Credits.