Don’t Fall Asleep. While you were sleeping yesterday, the House went and passed a bill that raises the debt by north of $ 20 trillion over the next ten years while also gutting solar tax credits. Not just the ITC but also the consumer tax credit and, by extension, the 45x benefits. You all know this already, but this is an activation button to make sure that what leaves the Senate is in line with what we need as an industry. I’m optimistic that if everyone in the sector reaches out to their Senate offices, we can have an impact and drive the legislation in the right direction.
- Bloomberg: Crippling Clean-Energy Tax Credits Won’t Fly, GOP Senators Say
- New York Times: House Passes Trump’s Domestic Policy Bill, Overcoming Last-Minute Resistance
- Utility Dive: House’s 60-day deadline for IRA eligibility would trigger ‘scramble’: EY experts
- Reuters: Solar stocks plummet after Trump’s tax bill advances in US House
- PV-Tech: ‘Unintended’ consequences could see US House bill devastate solar manufacturing
- Solar Builder: Report: Nearly 50% of global solar power exposed to cyber exploitation
- Axios: Exclusive: Jeff Bezos’ plan to find AI climate wins
- PV-Magazine: Controversial rooftop solar bill glides through California’s Appropriations Committee
Opinion
- Energy Storage News: ‘Hard to make investment decisions’: MN8 Energy on the US energy storage market
Best, Yann