Biden takes office in January, but the “whole picture changes” if the Dems can take the Senate. Liam Stoker looks at the impact a Democrat victory in the forthcoming Georgia run-offs could have.
US renewables owner Vesper Energy is set to accelerate the development of its solar and storage pipeline in North America after closing a letter of credit facility for up to US$100 million.
The US renewables industry must double down on efforts to overcome energy storage financing issues so the technology can help supplement the country’s PV ramp up, it was suggested at a Solar & Storage Finance USA event.
The importance of the extension of the federal Investment Tax Credit (ITC), the removal of import tariffs and increased federal procurement were front and centre in the Solar Energies Industries Association’s (SEIA) wish list for the incoming Biden-Harris administration.
The exemption for bifacial solar panels from Section 201 tariffs in the US has finally been repealed, meaning bifacial panels imported into the US are now subject to tariffs of 20%.
Google and Honda will be among the offtakers of a 1,310MW PV project to be constructed by Invenergy that is set to be the largest solar generation facility in the US when complete.
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.
AES Corporation is to merge its US-facing clean energy development business with independent power producer sPower, creating a platform with a 12GW project pipeline in the country.
A US development pipeline consisting of 3GW solar and 2.5GWh of energy storage has changed hands as asset manager Magnetar Capital acquires the renewable energy business of Lendlease.
