I am heading to the Utility Solar Summit later today in San Diego where once again the topic of the day will be the ITC. Plenty of subsidy talk in the news today from around the world but I will highlight the Texas story for you to read. I doubt anyone in ERCOT assumes a tax credit exists for solar in 2030 but the operator still sees an enormous growth of solar in the state. I continue to see interesting projects that we would invest in through the step down. The issue about calling the ITC a subsidy is that it assumes no other energy source gets a subsidy. Leaving solar without the ITC would make it the least subsidized energy source in my opinion.
- PV-Magazine:Texas grid operator predicts 50-fold increase in solar by 2030
- PV-Tech: Californians reject roll back of solar net metering in poll
- Rocky Mountain Institute: Hawaii just ended net metering for solar. Now what?
- Forbes: Solar Trade Dispute Is Turning Nasty In Taiwan
- Greentech Media: Two Chinese Billionaires Plan $5B Investment in India’s Solar Market
- NJ.com: Stevens wins U.S. Solar Decathlon with hurricane-resistant shore house
- Worcester Telegram: Net metering cap slows solar installation for Central Mass. utility
- Motley Fool: Solar Subsidies Matter – Where Solar Companies Want Washington’s Help
Opinions
Have a great day!
Yann