Broad Coalition Sends Letter Urging House Leadership to Enact Energy Storage Tax Credit
Showing a united front, a broad-based coalition is urging House leadership to include the Energy Storage Tax Incentive and Deployment Act (H.R. 2096) in any upcoming tax extenders legislation.
WASHINGTON, D.C. - Showing a united front, a broad-based coalition is urging House leadership to include the Energy Storage Tax Incentive and Deployment Act (H.R. 2096) in any upcoming tax extenders legislation.
More Headlines
- Soltec supplies 130 MW of its SF7 Tracker to OHLA in a Project in Badajoz
- Nextracker Launches Industry's First Low Carbon Solar Tracker Solution
- Clean Energy Announces First Injection of Renewable Natural Gas at Victory Farms Dairy
- Energizing The Future: ees Europe Partners with IBESA for Expert Forum
- American Battery Technology Company Announces Commissioning of First-of-Kind Facility for Manufacturing of Battery Grade Lithium Hydroxide from Nevada Claystone Deposit
The letter, sent to bipartisan House leadership on Tuesday evening, was signed by the American Council on Renewable Energy (ACORE), the Energy Storage Association, the American Wind Energy Association, the Solar Energy Industries Association, Advanced Energy Economy, the National Hydropower Association, Citizens for Responsible Energy Solutions, ClearPath Action, and the National Electrical Manufacturers Association.
Following is a statement on the joint effort from ACORE President and CEO, Gregory Wetstone:
"Making energy storage an eligible technology for the Investment Tax Credit would have a transformative impact in modernizing the grid, reducing greenhouse gas emissions, and accelerating America's transition to renewable energy.
"We applaud the 110 House members who recently expressed their support for an energy storage tax credit and look forward to working with lawmakers on both sides of the aisle to include an energy storage tax credit in extenders legislation this year."
##
About ACORE:
The American Council on Renewable Energy (ACORE) is a national nonprofit organization that unites finance, policy and technology to accelerate the transition to a renewable energy economy. Founded in 2001, ACORE is the focal point for collaborative advocacy across the renewable energy sector, supported by hundreds of members spanning renewable energy technologies and constituencies. Every year, ACORE convenes top business leaders and policymakers at its annual forums on finance, policy and grid technology in New York, Washington, D.C. and San Francisco. For more information about ACORE, please visit www.acore.org and follow @ACORE on Twitter.
Featured Product
SOLTEC - SFOne single axis tracker
SFOne is the 1P single-axis tracker by Soltec. This tracker combines the mechanical simplicity with the extraordinary expertise of Soltec for more than 18 years. Specially designed for larger 72 an 78 cell modules, this tracker is self-powered thanks to its dedicated module, which results into a lower cost-operational power supply. The SFOne has a 5% less piles than standard competitor, what reduces a 75% the labor time.
