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The letter specifically urges the preservation of IRA tax codes, including the 45X Advanced Manufacturing Production credit. Image: Image: Pixabay.<\/figcaption><\/figure>\nA group of US Attorneys General has penned an open letter urging congressional leaders to safeguard the Inflation Reduction Act (IRA) in US law.<\/p>\n
In the letter, published yesterday, the signatories urged US leaders from the Senate and House of Representatives to safeguard the \u201csignificant investments in the health of our economy and your constituents\u201d they claim the IRA has brought.<\/p>\n<\/div>\n
\n\nThis article requires Premium Subscription<\/span>Basic (FREE) Subscription<\/span><\/p>\nBitcoins Unlock unlimited access for 12 whole months of distinctive global analysis<\/h2>\nPhotovoltaics International is now included.<\/h4>\n\n- <\/span>Regular insight and analysis of the industry\u2019s biggest developments<\/span><\/li>\n
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Or continue reading this article for free<\/h3>\n<\/div>\n<\/div>\n\nIt specifically urges the preservation of IRA tax codes, including the 45X Advanced Manufacturing Production credit, 48E Clean Electricity Investment Tax Credit and 48C Qualifying Advanced Energy Project Credit, and focuses on the impact that the IRA has had on US clean energy manufacturing.<\/p>\n
\u201cAs a result of the IRA, our nation is strengthening domestic energy security, reducing energy costs, diversifying our domestic energy resources, rebuilding our domestic manufacturing economy, bolstering and modernising critical infrastructure, and creating well-paying jobs,\u201d wrote the letter\u2019s authors.<\/p>\n
\u201cSince the IRA passed, businesses have invested nearly US$500 billion in low-carbon energy and domestic manufacturing,\u201d the authors continued, claiming that private investments have exceeded public money five to six times over.<\/p>\n
Indeed, the US has seen massive growth in solar PV and energy storage manufacturing capacity since the passage of the IRA. October data from S&P Global said that the US has around 45GW of solar module manufacturing capacity<\/a> and efforts have been underway to establish further upstream capacity too \u2013 the first cell capacity came online last year and the government has announced tax credits and demand incentives for solar wafer production.<\/p>\n<\/figure>\nThe authors of the letter continued: \u201cRepeal of credits such as the Section 45X credit for advanced manufacturing, the Section 48C credit for investments in advanced energy and the Section 48E clean electricity investment credit could stymie these important projects, stranding private investments and leaving gaps where jobs and revenue streams were expected.\u201d<\/p>\n
The inauguration of president-elect Donald Trump next week brings uncertainty for the country\u2019s clean energy industries and broader energy transition. While Trump has run on a fairly isolationist, America-first platform, which domestic energy manufacturing would support, he has also criticised the Biden Administration\u2019s energy policies and promised to \u201cdrill, baby, drill\u201d in efforts to stimulate the US\u2019 fossil fuels industries.<\/p>\n
In an example of this uncertainty, prominent Trump ally Elon Musk, owner of electric vehicle (EV) manufacturer Tesla, has previously benefitted from federal incentives for EV ownership. \u00a0Musk has also supported the removal of EV credits and would likely benefit from higher import tariffs on Chinese competitors.<\/p>\n
On the other hand, much of the US solar manufacturing industry focuses its <\/a>publicity<\/a> efforts<\/a> on energy independence and removing the influence of China, which dominates the global solar supply chain, over the US energy sector. This is rhetoric that would likely draw bipartisan support.<\/p>\nThe authors continued in the letter: \u201cBeyond the IRA\u2019s tax provisions, towns and cities across the nation are depending on IRA and Bipartisan Infrastructure Law (BIL) grant and loan programs to repair crumbling infrastructure, rebuild local economies, enhance energy security, promote domestic agriculture, and preserve natural resources.\u201d<\/p>\n
PV Tech <\/em>looked at the potential issues facing the US solar sector following Trump\u2019s election victory,<\/a> where we concluded that the IRA was ultimately unlikely to be repealed.<\/p>\nThe full open letter to US congressional leaders can be read here.<\/a><\/p>\n<\/div>\n<\/div><\/div>\n\n\nFREE WEBINAR – Ahead of PV Tech\u2019s flagship manufacturing event, PV CellTech, taking place in Frankfurt, Germany on 11-12 March 2025, this special webinar will evaluate the prospects for manufacturing wafers, cells and modules in Europe. What is stopping investments? Where are the green shoots likely to come from? How can the European PV sector successfully galvanise its established know-how in research and production equipment availability?<\/p>\n
The webinar will feature contributions from some of the most promising manufacturing developments in Europe today, in addition to expert analysis and perspectives from the U.S. and what is needed to be put in place to stimulate new factory investments and manufacturing profitability.<\/p>\n<\/div>\n
\nThe conference will gather the key stakeholders from PV manufacturing, equipment\/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.<\/p>\n<\/div>\n
\nPV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.<\/p>\n<\/div>\n
\n\nSan Francisco Bay Area, USA<\/p>\n<\/div>\n
\nPV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment\/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.<\/p>\n<\/div><\/div>\n<\/div><\/div>\n<\/p><\/div>\n
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A group of US Attorneys General has penned an open letter urging congressional leaders to safeguard the Inflation Reduction Act (IRA) in US law.<\/p>\n
In the letter, published yesterday, the signatories urged US leaders from the Senate and House of Representatives to safeguard the \u201csignificant investments in the health of our economy and your constituents\u201d they claim the IRA has brought.<\/p>\n<\/div>\n
This article requires Premium Subscription<\/span>Basic (FREE) Subscription<\/span><\/p>\n It specifically urges the preservation of IRA tax codes, including the 45X Advanced Manufacturing Production credit, 48E Clean Electricity Investment Tax Credit and 48C Qualifying Advanced Energy Project Credit, and focuses on the impact that the IRA has had on US clean energy manufacturing.<\/p>\n \u201cAs a result of the IRA, our nation is strengthening domestic energy security, reducing energy costs, diversifying our domestic energy resources, rebuilding our domestic manufacturing economy, bolstering and modernising critical infrastructure, and creating well-paying jobs,\u201d wrote the letter\u2019s authors.<\/p>\n \u201cSince the IRA passed, businesses have invested nearly US$500 billion in low-carbon energy and domestic manufacturing,\u201d the authors continued, claiming that private investments have exceeded public money five to six times over.<\/p>\n Indeed, the US has seen massive growth in solar PV and energy storage manufacturing capacity since the passage of the IRA. October data from S&P Global said that the US has around 45GW of solar module manufacturing capacity<\/a> and efforts have been underway to establish further upstream capacity too \u2013 the first cell capacity came online last year and the government has announced tax credits and demand incentives for solar wafer production.<\/p>\n The authors of the letter continued: \u201cRepeal of credits such as the Section 45X credit for advanced manufacturing, the Section 48C credit for investments in advanced energy and the Section 48E clean electricity investment credit could stymie these important projects, stranding private investments and leaving gaps where jobs and revenue streams were expected.\u201d<\/p>\n The inauguration of president-elect Donald Trump next week brings uncertainty for the country\u2019s clean energy industries and broader energy transition. While Trump has run on a fairly isolationist, America-first platform, which domestic energy manufacturing would support, he has also criticised the Biden Administration\u2019s energy policies and promised to \u201cdrill, baby, drill\u201d in efforts to stimulate the US\u2019 fossil fuels industries.<\/p>\n In an example of this uncertainty, prominent Trump ally Elon Musk, owner of electric vehicle (EV) manufacturer Tesla, has previously benefitted from federal incentives for EV ownership. \u00a0Musk has also supported the removal of EV credits and would likely benefit from higher import tariffs on Chinese competitors.<\/p>\n On the other hand, much of the US solar manufacturing industry focuses its <\/a>publicity<\/a> efforts<\/a> on energy independence and removing the influence of China, which dominates the global solar supply chain, over the US energy sector. This is rhetoric that would likely draw bipartisan support.<\/p>\n The authors continued in the letter: \u201cBeyond the IRA\u2019s tax provisions, towns and cities across the nation are depending on IRA and Bipartisan Infrastructure Law (BIL) grant and loan programs to repair crumbling infrastructure, rebuild local economies, enhance energy security, promote domestic agriculture, and preserve natural resources.\u201d<\/p>\n PV Tech <\/em>looked at the potential issues facing the US solar sector following Trump\u2019s election victory,<\/a> where we concluded that the IRA was ultimately unlikely to be repealed.<\/p>\n The full open letter to US congressional leaders can be read here.<\/a><\/p>\n<\/div>\n<\/div><\/div>\n FREE WEBINAR – Ahead of PV Tech\u2019s flagship manufacturing event, PV CellTech, taking place in Frankfurt, Germany on 11-12 March 2025, this special webinar will evaluate the prospects for manufacturing wafers, cells and modules in Europe. What is stopping investments? Where are the green shoots likely to come from? How can the European PV sector successfully galvanise its established know-how in research and production equipment availability?<\/p>\n The webinar will feature contributions from some of the most promising manufacturing developments in Europe today, in addition to expert analysis and perspectives from the U.S. and what is needed to be put in place to stimulate new factory investments and manufacturing profitability.<\/p>\n<\/div>\n The conference will gather the key stakeholders from PV manufacturing, equipment\/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.<\/p>\n<\/div>\n PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.<\/p>\n<\/div>\n San Francisco Bay Area, USA<\/p>\n<\/div>\n PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment\/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.<\/p>\n<\/div><\/div>\n<\/div><\/div>\n<\/p><\/div>\n Ahead of the Solar Finance & Investment Europe event, Bartholomew White of Santander spoke to PV Tech about banks and solar investment.<\/p>\n<\/div><\/div>\n Researchers in Japan have undertaken a comprehensive study to test the degradation of perovskite solar cells in extreme heat and humidity.<\/p>\n<\/div><\/div>\n Two reports published today show the political and corporate factors which have affected Europe’s PPA market over 2024.<\/p>\n<\/div><\/div>\nBitcoins Unlock unlimited access for 12 whole months of distinctive global analysis<\/h2>\n
Photovoltaics International is now included.<\/h4>\n
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Or continue reading this article for free<\/h3>\n<\/div>\n<\/div>\n
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