Electricity Today T&D Magazine

In a significant move for the U.S. clean energy sector, the U.S. Department of the Treasury has released the final set of rules for the Clean Energy Investment Tax Credit (ITC), which is poised to provide major financial incentives for renewable energy projects across the nation. This tax credit, part of the Inflation Reduction Act (IRA) passed in 2022, aims to accelerate the country's transition to a cleaner energy grid by incentivizing investments in solar,...