The solar industry has been very hot. Record amounts of new solar capacity have been installed over the past two years. The accelerating pace of adoption of solar panels for distributed generation (installed at the point of use, rather than sold into the power grid) and the downward trend of module prices have created exuberance… Keep reading →
Investment Tax Credit
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We will never sell or share your information without your consent. See our privacy policy.Reducing the impact of operations on the environment is a lofty goal for any business, but good citizenship is, in most cases, an insufficient motivation for sweeping changes at a company that must answer to its shareholders. What makes many sustainability efforts feasible for profit-driven companies is that by pursuing them – especially those that… Keep reading →
The US Senate introduced the STORAGE 2013 Act in early April 2013 as a follow-up to the STORAGE 2011 Act. The proposed act offers a 20% investment tax credit for grid-tied systems up to $40 million per project along with a 30% investment tax credit for on-site systems up to $ 1 million per project. Notably,… Keep reading →
The following is an excerpt from an Energy Solutions Forum Policy Primer for the New York Energy Week Series Breakfast, Solar Financing Market Perspectives. Solar energy provides significant amounts of electricity with no direct greenhouse gas emissions. Investment tax credits for solar energy projects, federal funding programs and renewable energy portfolios have increased the industry’s ability… Keep reading →