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.
A bill which promises to revamp solar support frameworks and stimulate investment in grids in the US has cleared its first hurdle, passing the House of Representatives.
Former presidential hopefuls join dozens of House and Senate Democrats as they urge for ‘robust clean energy recovery plan’, starting with extension of clean energy tax incentives.
Judge’s upholding of bifacial exemption from import tariffs combines with one-year extension of safe-harbor deadlines in week of brighter news for industry battered by job losses.
Department shares plans to ‘modify the relevant rules in the near future’ but adds scant detail in laconic response to bipartisan senator coalition, who had requested one-year extension.
On 1 January this year, the solar investment tax credit, responsible for fuelling the rapid growth of the US market, began its decline. Cecilia Keating assesses what impact it will have.
House E&C Committee will table act requiring suppliers to procure increasing volumes of clean energy or face compliance payments, in a bid to reach a clean US economy by mid-century.
US Congress and the White House have failed to agree an extension to the US solar Investment Tax Credit (ITC), paving the way for the credit to be cut from next month.
The chief tax-writing committee in US Congress unveiled a draft discussion paper on Tuesday that outlined a suite of tax incentives for renewable technologies.
