Browsed by
Tag: Inflation Reduction Act

Controversial ‘Big, Beautiful Bill’ Sparks Alarm Over US Solar Industry Future

Controversial ‘Big, Beautiful Bill’ Sparks Alarm Over US Solar Industry Future

Controversial ‘Big, Beautiful Bill’ Sparks Alarm Over US Solar Industry Future A highly contentious piece of legislation, dubbed the “Big, Beautiful Bill,” is currently making its way through the US legislative process, raising significant concerns among clean energy advocates and the solar industry. If enacted, the bill is poised to enact sweeping changes to the nation’s clean energy market, potentially dismantling key incentives for domestic solar manufacturing. Despite some of its most damaging provisions being removed during Senate proceedings earlier…

Read More Read More

US Senate Proposal to Phase Out Solar and Wind Tax Credits by 2028: An Analysis

US Senate Proposal to Phase Out Solar and Wind Tax Credits by 2028: An Analysis

US Senate Proposal to Phase Out Solar and Wind Tax Credits by 2028: An Analysis A recent proposal by a Senate panel to eliminate solar and wind energy tax credits by 2028 has sent ripples through the renewable energy sector and sparked intense debate. This proposal, part of a broader tax-cut and spending bill, significantly accelerates the timeline established by the 2022 Inflation Reduction Act, which originally planned a phase-out starting in 2032. The bill suggests a 20% annual reduction…

Read More Read More