Earlier this month the Federal Reserve cut interest rates for the second time in 2024 (first time was in Sept), dropping the federal funds rate another 25 basis points, bringing the benchmark lending rate down to 4.5% – 4.75%. EnergySage says that this second rate cut plus dropping installation costs should make solar financials more appealing to on-the-fence resi prospects.
U.S. Reps. Moolenaar (R-MI) and Golden (D-ME) introduced bipartisan legislation to block implementation of the Treasury’s final rules on the Sec. 45X advanced manufacturing production credit because they allow Chinese affiliated companies to receive American tax dollars for producing clean energy components.
This article discusses 5 ways AI can help O&M: improve job site safety, summarize solar-asset status and history, use computer vision and object detection to sharpen and speed maintenance and repairs, digitize SLAs and improve dispatching, and make life easier and improve throughput in the control center.
Treasury and the IRS have released final regulations giving greater clarity and flexibility for direct pay eligible entities that want to jointly invest in clean energy projects. Specifically, they look at eligible co-ownership arrangements that can be organized to own and operate property resulting in any of the IRA credits where elective pay is available. Plus it enables such arrangements to invest in clean energy projects through a noncorporate entity.
Customs and Border Protection (CBP) blocked Maxeon modules despite the company’s argument that they provided “clear and objective evidence” of a compliant supply chain. CBP reviewers state their reason as being a lack of sufficient documentation to prove Maxeon’s compliance with the Uyghur Forced Labor Prevention Act.
PV Mag looks at the push to diminish rooftop solar, according to CALSSA. They spotlight the effort in CA, discussing strategies from the 3 big utilities there around rulemaking and their relationship with the CPUC. They look at recent policy around metering and labor laws as well as utility manipulation of grid costs and raising electricity rates.
This Gigawatt Podcast from AltE offers a window into homeowner concerns about battery storage. It looks at common misconceptions, how resi customers end up disappointed with their solar systems, discusses the rise of questionable sales tactics, and more. The video is below.
