From the world’s largest project being commissioned to a possible downturn for solar manufacturers in 2024, and including the US Department of Treasure releasing guidance from the Inflation Reduction Act. Here, PV Tech runs down its top 10 stories of the past 12 months.
The US Department of Treasury and Internal Revenue Service (IRS) have released guidance pertaining to the domestic content bonus included in the Inflation Reduction Act (IRA); solar PV projects will need to meet requirements for both their PV and their steel components in order to benefit.
The US Department of the Treasury and the Internal Revenue Service (IRS) have requested stakeholder input on the climate and clean energy tax incentives included in the country’s Inflation Reduction Act (IRA).
The US’ fleet of solar and wind generation capacity is set to almost triple over the next decade, but even this is not enough to meet President Biden’s ambitious decarbonisation targets, according to a recent BloombergNEF report.
The US Department of the Treasury has revealed how new renewable tax incentives will be paid for by a tax raid on the fossil fuel industry, eliminating subsidies for oil and gas companies.
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.
