US House of Representatives passes Build Back Better act, bringing storage ITC one step closer

By Jules Scully
LinkedIn
Twitter
Reddit
Facebook
Email
Next after the House of Representatives (pictured) passing the legislation, negotiations in the Senate await. Image: Flickr user Ron Cogswell.

The US House of Representatives has passed Joe Biden’s Build Back Better act, which now moves to the Senate, where negotiations will continue over the legislation that includes clean energy and climate investments totalling US$555 billion.

Friday’s vote largely fell along party lines, 220 to 213, with only one Democrat voting against. The US$1.75 billion spending bill will face significant hurdles in the Senate, where it will require unanimous support from all 50 Democrats.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Among the renewables support included in the act – details of which were revealed last month – are a ten-year extension of the solar investment tax credit (ITC) as well as tax credits to support the domestic manufacture of PV equipment.

Biden said the passing of the bill represents “another giant step forward in carrying out my economic plan to create jobs, reduce costs, make our country more competitive, and give working people and the middle class a fighting chance”.

The positive result for the president came after he signed the US$1 trillion infrastructure deal into law earlier in the week. Including investments that will modernise power infrastructure to support new renewables, that bill was passed by the House earlier this month.

At US$320 billion, the majority of clean energy and climate support in the Build Back Better bill is for expanded tax credits for utility-scale and residential clean energy, transmission and energy storage, and clean energy manufacturing. Some US$110 billion would also be allocated for targeted incentives to spur new domestic supply chains and technologies, such as solar and batteries.

Energy storage industry responses to the Infrastructure Investment and Jobs Act (IIJA) published by Energy-Storage.news earlier this month also included discussion of Build Back Better and the storage ITC in particular.

To read the full version of this story, visit PV Tech.

Read Next

April 30, 2025
NYSERDA has launched a programme to incentivise residential and retail energy storage in the state, offering a total of US$775 million for energy storage projects.
April 29, 2025
A panel discussed the impact of CAISO’s interconnection reforms at last month’s Energy Storage Summit USA 2025 in Dallas.
April 29, 2025
National and regional agencies in India tendered for 9.5GW of utility-scale ESS in Q1 2025, more than two-thirds for standalone systems.
April 28, 2025
Flow battery startup Quino Energy and developer Long Hill Energy Partners have been awarded US$10 million in grant funding by the California Energy Commission (CEC) to support a 8MWh flow battery energy storage system (BESS) project in Lancaster, California, US.
April 28, 2025
Trina Storage has partnered with system integrator FlexGen on a 371MWh battery energy storage system (BESS) project for developer SMT Energy in Houston, Texas, US.    

Most Popular

Email Newsletter