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ITC


Wind and Solar Tax Credits Extended
Vlocity-renewable-energy-solar-wind

Congress agreed on legislation that would extend the investment tax credit (ITC) for solar projects for two years and the production tax credit (PTC) for wind projects for one year.…


IRS Grants Wind and Solar Sectors Critical COVID-19 Reprieves
Wind turbine

The U.S. Internal Revenue Service (IRS) has granted a one-year extension of the continuity safe harbor, providing much-needed relief for many wind developers, which, crippled by pandemic-related delays, were racing…


Power Loads Changing as Coronavirus Impacts Energy Sector
coronavirus-covid-19

Power industry analysts who've spoken with POWER agree there will be an impact to power load due to the COVID-19 pandemic, with the loss of much of the U.S. commercial…


ITC Probing Economic Impact of Renewable Goals, Imports to New England
wind-solar-hybrid-renewable-energy

Responding to a request from a Democrat-led U.S. House committee, the federal International Trade Commission (ITC) is investigating how New England’s increasing renewable targets are economically affecting the region, and…


California Official: Solar's Future Bright, but Clouds Persist

The technology behind solar power is changing rapidly. Researchers at the University of California, Davis have said so-called "anti-solar" panels could even generate power at night. But even as solar…