investment tax credit

Suniva, Heliene and Corning have announced plans to build solar modules that will include 66% domestically-produced components.

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.

Tax credit transference measures introduced under the Inflation Reduction Act have led to billions of dollars of new investment in solar and other clean energy projects. Alfred Johnson and Katie Bays look at some of the risk mitigation and due diligence best practices that can reduce the complexity and cost of tax credit transactions.

The US Treasury and IRS have released their final rules for the implementation of the Section 48 Investment Tax Credit (ITC).

US residential solar installer Sunnova has published its financial results for Q3 2024, which include net losses of US$52.5 million.

In its final ruling, domestic manufacturing of solar ingots and wafers have been included with a 25% tax credit under Section 48D of the Advanced Manufacturing Investment Credit rules.

US firm Sunnova has reported reduced losses in the second quarter of 2024, with losses falling to US$79.7 million.

US solar developer Origis Energy has secured a US$136 million construction financing facility and conversion to term loan with financial group Mitsubishi UFJ Financial Group (MUFG) for a PV plant in Florida, US.

With the United States on the cusp of an IRA-driven surge in utility-scale PV deployment, Mark Bolinger and Joachim Seel of the Lawrence Berkeley National Laboratory cover key technology and market trends in this synopsis of their annual “Utility-Scale Solar” report series.

Origis Energy has secured US$317 million in project tax equity for two US solar projects with a combined capacity of 350MWac.