Investment Tax Credit (ITC)

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FuelCell Energy CEO Jason Few Applauds “One Big Beautiful Bill Act” as Catalyst for U.S. Clean Energy Leadership
GlobeNewswire News Room· 2025-07-07 11:30
Core Points - The "One Big Beautiful Bill Act" (OBBBA) is recognized as a significant advancement for American energy leadership, particularly benefiting the fuel cell industry and enhancing the nation's energy infrastructure and clean manufacturing base [2][4] - The reinstatement of the Investment Tax Credit (ITC) is highlighted as a crucial win for the fuel cell sector, ensuring continued deployment of U.S.-built platforms and contributing to national competitiveness and energy security [5][6] - The preservation of the transferability of federal tax credits is deemed essential for small- and mid-sized companies, facilitating their growth and job creation [7] - Modifications to hydrogen provisions in the OBBBA are supported, providing stability for companies that have invested in hydrogen technologies [8] - The OBBBA is characterized as inclusive, recognizing the strengths of various clean energy technologies without favoring any specific one, thus equipping the fuel cell industry to lead in a digital and electrified future [9][10] Industry Impact - The ITC's flexibility and long-term visibility are expected to boost confidence among developers and investors, leading to more resilient power solutions for data centers and stable grids [6] - The bill is anticipated to create more American jobs in advanced manufacturing by enabling companies to scale operations effectively [7] - The overall legislative support is seen as a move towards a more innovation-driven and clean energy policy, benefiting the broader energy sector [3][10]
CEO T.J. Rodgers on Solar ITC Loss
Globenewswire· 2025-06-09 12:18
“Free at last. Thank God Almighty we are free at last”OREM, Utah, June 09, 2025 (GLOBE NEWSWIRE) -- SunPower (aka Complete Solaria, Inc.) (“SunPower” or the “Company”) (Nasdaq: SPWR), a solar technology, services, and installation company – today T.J. Rodgers, Chairman and CEO, issued the following statement regarding pending legislation to cancel or wind down the 30% solar Investment Tax Credit (ITC). The soaring Martin Luther King quote is appropriate to describe the great opportunity now offered to the s ...
Can Sunrun Weather the Policy Storm? Analysts Weigh Potential Solar ITC Cuts
Benzinga· 2025-05-08 19:35
Sunrun Inc. RUN shares are trading higher on Thursday after the company reported better-than-expected first-quarter results on Wednesday.The company reported an EPS of 20 cents per share, which beat the analyst consensus estimate of 25 cents loss and revenue of $504.27 million, which beat the consensus estimate of $484.06 million.Guggenheim analyst Joseph Osha kept Neutral rating on the stock and writes that while overall customer volume growth is modest in the quarter (additions of 25,428, up only 6%, with ...