This piece was contributed to Solar Builder Mag by Yezin Taha, founder of Nevados.
Apart from solar power’s environmental advantages, PV has geographic advantages — energy generated anywhere you need it, with no fuel inputs. That “local energy” advantage shrinks, however, if you need to source components from the other side of the world.
Made-in-the-USA solar power got a boost when Congress put bonuses for domestic content into the Inflation Reduction Act in the form of the solar Investment Tax Credit and Production Tax Credit.
As always, details can get messy whenever tax policy is involved. Yet, tax policy has been critical to the growth of our sector and will continue to be as we scale up to meet the need for fossil-free energy and to maximize the economic advantages here in America.
Read the full article here.