4 Key Takeaways | Solar Industry & Chinese Tariff Update
Rare earths, lithium and other raw materials are of enormous importance for future technologies. The demand for such "critical raw materials" will continue to increase in the future. However, the European Union has so far...more
The California Energy Commission (CEC) last Friday released a draft strategic plan for offshore wind development, which estimates a potential generation capacity of up to 59.6 GW off the state’s coast and lays out strategies...more
On December 6, 2023, the New York City Council approved the first of Mayor Adams’ three “City of Yes” zoning initiatives (Res. 0858-2023). The initiative, known as the City of Yes for Carbon Neutrality (COYCN), eliminates...more
In recognition of the substantial effect that widespread use of electric vehicles (EVs) will have in reducing carbon emissions, the state and federal government have set ambitious goals to increase the number of EVs on the...more
The Biden administration hopes to create a commercial nuclear fusion facility within 10 years as part of the nation’s transition to clean energy, U.S. Energy Secretary Jennifer Granholm said on Monday. Fusion works by...more
President Joe Biden traveled to Philadelphia last Thursday as his administration announced the first-ever sale of offshore wind leases in the Gulf of Mexico, which caps several years of advancing offshore wind in the Pacific...more
The Biden administration on Tuesday outlined how states and nonprofit groups can apply for $27 billion in funding from a “green bank” that will provide low-cost financing for projects intended to cut planet-warming greenhouse...more
The California Public Utilities Commission (CPUC) is considering asking electricity providers in the state to procure 4 GW of new capacity to ensure grid reliability, in addition to the 11.5 GW of procurement the regulators...more
The Inflation Reduction Act’s incentives for energy storage projects in the U.S. came into effect on January 1, 2023. Standout among those measures is the availability of an investment tax credit (ITC) for investment in...more
As utility solar costs drop 82%, U.S. renewable leaders target majority generation share by 2030 - Bullet Utility Dive – June 3 - The cost for utility-scale solar PV power has declined 82 percent since 2010, and the costs...more
Lifting U.S. import tariffs would knock 30% off solar system prices, according to new study - Greentech Media – February 4 - Solar system prices dropped 90 percent over the last nine years, but the decline was...more
Focus - Bipartisan Senate bill allocates $100M to ease residential solar and storage permitting - Utility Dive – September 10 - Senators Martin Heinrich, D-New Mexico, and Susan Collins, R-Maine, introduced a bill this...more
Topics covered include tax equity, the solar start of construction rules, the investment tax credit (“ITC”) and tax basis risk after the Federal Circuit’s opinion in Alta Wind, the inverted lease structure, back-leverage...more
The Internal Revenue Service (IRS) issued recent guidance regarding construction of commercial solar energy properties and other qualified energy properties for purposes of claiming the Investment Tax Credit (ITC), the key...more
Focus - California leads in new ranking of top performing solar projects - GREENTECH MEDIA - Jun 1 A first of its kind data set from kWh Analytics ranking production at individual solar power plants around the country...more
Focus - Lawmakers pass spending bill with funds for clean energy - GREENTECH MEDIA - Mar 23 Congress cleared a spending bill last Friday for the 2018 fiscal year that allocates $1.3 trillion. Despite the Trump...more
Focus - California sets two new solar records - Greentech Media - Mar 6 Mild temperatures and sunny skies have helped California set two new solar records. On Sunday, March 4, the California Independent System Operator...more
Renewable Energy Focus - Solar trade case weighs whether protection will save or sink industry - Washington Post - Aug 15 - Two solar manufacturers are begging the federal government for help, arguing that...more
Sustainable Development Focus - Shading and lighting retrofits slash energy use in office demonstration - Phys.org - Jul 11 - By using advanced lighting and automated shades, scientists from the Department of...more
Facing the traditional energy sector’s uncertain future and the decreased cost of producing renewable energy, many companies have taken to generating their own power. Manufacturers may be in an ideal position to do the same...more
Renewable Energy Focus - Renewables made up majority of new U.S. capacity in 2016 - Solar Industry Magazine - Feb 6 - Renewable energy dominated new U.S. electrical generation put into service during...more
Renewable Energy Focus - Trump names climate change skeptic and oil industry ally to lead the EPA - Los Angeles Times - Dec 7 - Donald Trump picked Oklahoma Atty. Gen. Scott Pruitt to run the...more
Renewable Energy Focus - San Bernardino County rejects a controversial solar power plant proposed for the Mojave Desert - Los Angeles Times - Aug 24 - The San Bernardino County Board of Supervisors has...more
Renewable Energy Focus - Tesla opens Gigafactory to expand battery production and sales NBC News - Jul 27 - It's Tesla Motors' biggest bet yet: a $5 billion factory in the Nevada desert that could nearly...more
Renewable Energy Focus - Senator Heinrich to introduce energy storage tax credit bill - Greentech Media - Jul 5 - There will soon be an energy storage tax credit proposal in both the House and Senate. Senator...more