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 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.
While the ongoing COVID-19 pandemic may have initiated something of a freeze on new solar financing deals in the US, significant interest in M&A remains and the incoming Biden administration could ease the logjam.
Presumptive Democratic presidential nominee Joe Biden should drive the installation of half a billion solar panels in the US during his first term in office, a task force has recommended.
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.
Additions have been made to support action on climate change through federal tax incentives in the proposed Congress bill to invest US$1.5 trillion in infrastructure across the US.
Measures designed to support solar and other renewables in the US have been proposed within a landmark US$1.5 trillion infrastructure investment Bill, tabled by House Democrats.
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.
Attempts have failed to include an extension of the solar Investment Tax Credit in a significant stimulus package adopted in the US to shelter the economy against the ongoing COVID-19 crisis.
The US domestic installer has clinched a US$95 million revolving asset-based loan facility and a private placement of US$55 million aggregate principal amount of convertible senior notes.
