When the Inflation Reduction Act (IRA) was signed into law last August, projections for solar adoption soared. In spite of the sunny predictions, since the fourth quarter of 2022, project starts have been lackluster. With all the incentives in place for switching to clean energy, what’s going on? And when can we expect things to ramp up again? Keep reading for a rundown on the factors at play as well as our educated opinion on what to expect next.
Category: Solar Industry
Inflation Reduction Act – Safe Harbor Updates
The Inflation Reduction Act sets the solar industry up for a decade of unprecedented growth. In this post, we’ll briefly explain the origins of this groundbreaking legislation, highlight provisions that are sure to impact the solar industry, and discuss some challenges on the road ahead.
How Does Solar Power Work?
While the sun has been burning brightly for 4.6 billion years, solar technology has taken off only recently. Scientists first demonstrated a working silicon solar cell in 1954…
Solar Carports
Adding a solar carport to your home or business can be a quick and cost-effective way to go solar. What is a solar carport? It’s a regular carport…
Inflation Reduction Act of 2022: Exploring its Potential Impact on the Solar Industry
The Inflation Reduction Act sets the solar industry up for a decade of unprecedented growth. In this post, we’ll briefly explain the origins of this groundbreaking legislation, highlight provisions that are sure to impact the solar industry, and discuss some challenges on the road ahead.
More and More Module Suppliers are Pushing for CIF Incoterms Due to Market Uncertainty
If you’ve been importing solar modules for a while, you may have noticed a recent and potentially confusing shift in standard overseas shipping arrangements with your solar module…
Antidumping and Countervailing Duties Investigation: What Is It and What Does It Mean for the Solar Industry?
The US Department of Commerce (DOC) recently announced an investigation into Southeast Asian circumvention of antidumping and countervailing duties. The investigation into whether some countries are bypassing tariffs…
40 Megawatts (MW) of Qcells Now Available to Keep Your Solar Projects Moving Forward
If the past two years of adjusting to a global pandemic have taught us anything, it’s that there are no guarantees in life or business. COVID-related supply chain…
Is it Time to Safe Harbor?
If you’re not familiar with safe harboring, the basics are pretty simple. To receive the current 26% ITC for commercial solar projects, the taxpayer has two options.