Dozens of major corporate entities in the US have joined renewable energy organisations in demanding greater action on the Biden administrations’ budget reconciliation package for clean energy and manufacturing as Congress returns from recess.
The Biden administration is said to be considering making bifacial panels exempt from extended Section 201 tariffs on solar imports, according to unconfirmed reports.
As 2021 draws to a close, PV Tech is reviewing the year in solar, reflecting on some of the biggest stories and hottest trends of the last 12 months. In today’s review we look back on the industry’s third quarter, which saw an escalation of trade disputes between China and the US.
The US renewables sector has welcomed the House of Representatives’ approval of a budget resolution that provides the framework for a US$3.5 trillion spending package.
The US Senate has passed the landmark bipartisan infrastructure bill, paving the way for US$1.2 trillion of investment into the nation’s infrastructure.
US Senate majority leader Chuck Schumer has failed in a bid to fast-track the US’ US$1.2 trillion infrastructure investment bill through the Senate. But there remains hope that further progress could be made as early as next Monday, when some Republican senators believe the bill will be fit to proceed.
The confidence of renewable energy investors and developers stands at an “all-time high”, a new report by the American Council on Renewable Energy (ACORE) claims, however investment must surge in the coming years if the US is to meet decarbonisation goals.
A two-year extension of the investment tax credit (ITC) for solar systems as well as new funding for energy storage research are included in the US’ wide-reaching pandemic relief package that was approved by Congress on Monday evening.
The US renewable energy industry has applauded Joe Biden’s climate team nominations and appointments, as the President-elect says he aims to build a clean energy future for the country.
US policymakers should explore the possibility of scrapping the investment tax credit (ITC) for solar PV and instead offer fiscal support for battery storage systems, an energy finance executive has said.
