GOP, clean energy tax
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For anyone who can afford to go solar, "now would be the time" because House Republicans want to end federal tax credits that make it affordable.
American manufacturers saw the move as a victory but warned that legislation in Congress threatens any potential benefits to industry.
The plan, which is still pending in the House, would eliminate many tax incentives for clean energy programs after this year.
Solar stocks soared last week, with a popular sector ETF doubling the gain in the S&P 500. But fiscal policy and industry headwinds are looming, sources say.
Congressional Republicans’ phase-out of the tax credits for climate friendly energy sources are expected to decimate the incentives and raise U.S. emissions. While the GOP’s “big beautiful bill,”
The Solar Energy Industries Association released an assessment of how the budget reconciliation bill currently under review in Congress would have a negative impact on the economy.
Companies that put solar panels on U.S. homes say a Republican budget bill advanced in Congress this week would deal a massive blow to the industry by eliminating a generous subsidy for homeowners that had buttressed the industry's growth.
For the last two decades, homeowners have been able to claim thousands of dollars in federal tax credits to help offset the high upfront costs of going solar. Things were supposed to stay that way ...
International facility plans to bolster its 21-MW microgrid with more than 11,000 photovoltaic panels adjacent to an existing 10,000-panel solar field.
The U.S. International Trade Commission determined on Tuesday that domestic solar panel makers were materially harmed or threatened by a flood of cheap imports from four Southeast Asian nations, bringing the United States a step closer to imposing stiff duties on those goods.