US Senators are expected to begin voting on the tax reconciliation bill today, with a draft published on Friday coming down hard on clean energy tax credits.

US tax credits for energy storage projects could be retained even if solar PV, wind and electric vehicle (EV) incentives face cuts.

Energy tax credits “drive innovation, strengthen our economy, and create real opportunity,” according to US Republican Senator John Curtis.

Even during times of turmoil for the US renewable energy industry, IPPs are continuing to secure long-term offtake agreements in California.