Tag

Finance and Tax

April 25, 2024

Solar and Storage Industry Commends Treasury Dept. for Finalizing Tax Credit Transferability Rule

WASHINGTON, D.C — Today the U.S. Department of the Treasury issued new guidance on Section 6418 of the Inflation Reduction Act (IRA) that allows clean energy tax credits to be monetized by direct...

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November 17, 2023

Solar and Storage Industry Statement on New Section 48 ITC Proposed Rules

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.

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September 19, 2022

Solar Industry Secures Extension of California Property Tax Exclusion

SACRAMENTO, Calif. — California Governor Gavin Newsom signed SB 1340 into law yesterday, extending the state’s property tax exclusion for solar projects for two years and providing near-term ce...

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August 17, 2021

Solar Industry Comment on White House Call for Solar Investments

WASHINGTON, D.C. — Today President Biden and the U.S. Department of Energy released an Issue Brief on solar energy research, deployment and workforce priorities. The report details a number of pr...

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August 10, 2021

House Letter Calls on Leadership to Include Clean Energy Priorities in Infrastructure Package

A group of lawmakers, led by Representatives Blumenauer, Levin, Barragán, McEachin and Crow, sent a letter to House leadership urging them to ensure clean energy tax provisions are included in the...

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June 29, 2021

New IRS Safe Harbor Notice Provides Needed Relief and Clarity for Solar Companies

WASHINGTON D.C. — Today the Internal Revenue Service (IRS) released a new notice that extends safe harbor for solar projects under the Section 48 Investment Tax Credit (ITC). Notice 2021-41 exten...

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June 21, 2021

100+ Organizations Urge Congress to Act on a 10-year Investment Tax Credit (ITC) extension

WASHINGTON, D.C. — Today the Coalition for Clean Energy Jobs and Innovation is calling on political leaders to prioritize clean energy in upcoming infrastructure legislation. More than 100 organi...

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May 17, 2021

Solar Leases in South Carolina Get Property Tax Exemption

COLUMBIA, SC and WASHINGTON, D.C. — Last week, South Carolina’s state legislature passed H. 3354, which exempts leased and third party owned residential solar systems from property taxes. This ...

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January 28, 2021

Solar Picks Up a Big Win on the Heels of a Consequential Year

Last year was a year like no other, filled with pain and suffering, resilience, bravery and immense uncertainty. The holidays, normally a time to unwind and decompress with loved ones, looked much ...

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