Last Week To Safe Harbor. But I want to talk about the ITC because DC is talking about it. A few weeks ago E&E News talked to some solar executives and asked whether the tax credit should be extended. Everyone here knows how I feel, and I want to know your thoughts, so please hit reply and tell me I’m crazy or why it should or should not be extended. I get the argument, every time we fight, there’s a cliff and we’ve promised to get off the credits. But also, we need and want the investors to have confidence that the solar industry can thrive without it, which we can. The end result is that off take agreements will be higher without the ITC and that causes inflation to consumers which sucks and could be the argument for it. Here’s what Senator Brian Schatz has to say, “As long as I’ve been around, [renewable developers] have been negotiating against themselves, and so I’m not going to let them do that.”
- E&E News: Dems want clean energy tax credits back. Some companies say don’t bother.
- Bloomberg: Solar and Batteries Are Coming for Gas’s Crown in Texas Power
- Axios: Chart: Amazon, Google and Microsoft dominate data centers
- Reuters: EDF agrees to sell US, Canada unit to KKR
- PV-Tech: Waaree expands EPC footprint through US$129 million acquisition
- Energy Storage News: US energy storage installations will quadruple by 2031, Wood Mackenzie forecasts
- Canary Media: Washington coal plant produces no power but plenty of costs. Who pays?
- PV-Magazine: Renewable energy PPA prices could more than double after the July 4 tax credit cliff, warns LevelTen
Opinion
Best, Yann