investment tax credit

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May 16, 2023
BESS projects in the US need to be 40% US-made to qualify for the ITC domestic content adder, rising to 55% from 2027 onwards, the IRS has said.
April 27, 2023
Clean energy trade bodies ACP, ACORE and SEIA have denounced an attempt by Republicans to roll back the Act, which has spurred unprecedented investment in the US market.
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April 19, 2023
There is a long way to go before the new standalone storage investment tax credit (ITC) starts to really make a dent in the market, speakers and delegates at the Energy Storage Summit USA last month said.
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April 11, 2023
The new investment tax credit (ITC) for standalone energy storage means some US developers are opting to overbuild systems instead of augmenting them further down the line.
April 4, 2023
Scale Microgrids Solutions will build a renewables microgrid for a Native American tribe in California, announcing the new project a few weeks after securing a US$225 million debt facility.
March 30, 2023
Canada will introduce tax credit incentives and invest in developing and manufacturing solar PV, energy storage and other renewable energy technologies in an Inflation Reduction Act-style scheme.
March 30, 2023
Texas continues to be a hotbed for energy storage activity, as CATL announces major supply deal and first project to get ITC comes online.
March 28, 2023
The investment tax credit is an undoubted game changer for the US industry, but it isn’t easy or cheap to capture its benefits.
March 7, 2023
The Energy Storage Summit 2023 was attended by more than a thousand delegates and featured a veritable who’s-who of the sector.
March 3, 2023
Aypa Power has bought two “late-stage development” battery storage projects in Indiana, US, from Blue Steel Power.

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