Inflation Reduction Act

FTC Solar's revenue plummets from 2021 as it condemns US import constraints for dampening demand
US solar tracker manufacturer FTC Solar has actually reduced its net losses compared to last quarter and also Q2 2021 however has seen its revenue collapse, condemning a hostile solar market environment in the US that has seen project hold-ups and also cancellations, which it stated it now hoped was pertaining to an end.
Aug 10, 2022 // Markets & Finance News, financial results, trackers, ftc solar, us, tracker manufacturing, AD/CVD, UFLPA, Inflation Reduction Act, IRA
Clearway Energy sees renewable sales rise 31%, while sale of thermal business provides massive cash injection
Clearway Energy's sale of its thermal organization to investment company KKR throughout Q2 netted profits of US$ 1.29 billion, as well as saw its net income skyrocket from the US$ 32 million it recorded in Q2 2021.
Aug 10, 2022 // Markets & Finance News, financial results, Roth Capital, KKR, Clearway Energy Group, TotalEnergies, Inflation Reduction Act
Vistra claims battery storage portfolio will certainly reach 1,213 MW by 2026
Vistra Energy will certainly have more than 1,213 MW of battery storage in operation in its portfolio by 2026, the US power generation business has claimed.
Aug 9, 2022 // Storage, USA, ITC, financial results, solar-plus-storage, North America, coal, Illinois, decarbonisation, Vistra Energy, Inflation Reduction Act, standalone battery storage
Inflation Reduction Act passes US Senate, enact House of Representatives anticipated this week
The Inflation Reduction Act (IRA), that includes US$ 369 billion in energy security and climate modification programmes over the next ten years, passed in the senate on Sunday, leading the way for its motion to the House of Representatives and also succeeding signing by President Joe Biden.
Aug 8, 2022 // Manufacturing News, Markets & Finance News, USA, ITC, North America, investment tax credit, solar manufacturing, Inflation Reduction Act, investment tax credits, production tax credit
Sunrun adds 34,000 customers in Q2, expects net subscriber value to grow to greater than US$ 10,000 in H2
Complying with solid demand in the United States market for residential solar, United States solar installer Sunrun raised its customer enhancements by greater than in Q1 as well as uploaded better-than-expected monetary results, while still making a loss.
Aug 4, 2022 // Residential, Markets & Finance News, USA, Sunrun, Installers, North America, Inflation Reduction Act, net subscriber value