Today the U.S. Department of the Treasury issued proposed rules to implement changes made in the Inflation Reduction Act (IRA) to the Section 48 Investment Tax Credit.
The Solar Energy Industries Association (SEIA) is calling on solar and storage companies to join the hundreds of American businesses that have shared their success stories, hosted site visits and signed a letter urging Congress to preserve the Inflation Reduction Act’s pro-growth energy provisions. These energy and tax policies have sparked $100 billion of solar and storage investments in the last year and will drive $565 billion into the economy by 2033.
From Policy to Prosperity: Solar is Supercharging American Communities After One Year of Energy Incentives
Just twelve months after the Inflation Reduction Act became law, the solar and storage industry is quickly becoming a cornerstone of America’s energy economy.
Solar and Storage Companies Add Over $100 Billion to U.S. Economy as a Result of the Inflation Reduction Act
Since the Inflation Reduction Act (IRA) passed one year ago, U.S. solar and storage companies have announced over $100 billion in private sector investments, helping bolster the American economy, according to new analysis released today by the Solar Energy Industries Association (SEIA). Solar and storage manufacturing is now surging in the United States, as 51 solar manufacturing facilities have been announced or expanded in the last year.
U.S Solar Market Registers Best First Quarter in Industry History as Supply Chains Stabilize and Inflation Reduction Act Takes Hold
WASHINGTON, D.C. — The U.S. solar industry installed 6.1 gigawatts (GW) of solar capacity and had its best first quarter in history, according to the US Solar Market Insight Q2 2023 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.
Solar and Storage Industry Responds to Treasury Dept. Guidance on Domestic Content Provisions in Landmark Clean Energy Law
WASHINGTON, D.C. — Today, the U.S. Department of the Treasury released new guidance that will govern the implementation of the domestic content bonus credit in the Inflation Reduction Act (IRA).
WASHINGTON D.C. — Today the United States Senate passed legislation to repeal the Biden administration’s June 2022 proclamation to provide a two-year moratorium for new solar tariffs. The resolution now moves to President Biden’s desk where it is expected to be vetoed. Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA): “Any legislation that threatens 30,000 American jobs and weakens our nation’s energy security to this degree should be dead on arrival.
In just eight months, the Inflation Reduction Act has done more to boost domestic manufacturing than any U.S. policy in the last three decades. No matter what your views on this legislation were going in, the evidence is clear: it’s working. The promise of American manufacturing and a clean, reliable, and resilient energy future is right around the corner.
Solar and Storage Industry Statement on House Vote to Repeal the Inflation Reduction Act as Part of Debt Limit Negotiations
WASHINGTON, D.C. — Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA) on the House vote to repeal the Inflation Reduction Ac.