other
Home /

News

/

Industry news

/ITC policy promotes the rapid development of U.S. Solar Energy

ITC policy promotes the rapid development of U.S. Solar Energy

Apr 15, 2021

In recent years, renewable energy in the United States has developed rapidly, and the ITC policy has played a large role.


The Solar Investment Tax Credit (ITC) policy is one of the most important federal policy mechanisms to support the development of solar and other renewable energy in the United States. As part of US President Joe Biden's $2 trillion US infrastructure employment plan, ITC has again extended the validity period of 10 years this week. The Solar Energy Industry Association (SEIA) estimates that by 2030, extending the ITC policy will increase the share of solar energy in U.S. electricity by a third.


Members who support this policy believe that the ITC policy can increase industrial and commercial photovoltaic and household photovoltaic, and reduce carbon emissions. This is an important part of green energy, which can increase employment opportunities, reduce dependence on foreign energy and improve the environment.

Holly Christie, the general counsel of Hecate Energy, explained that there are two ways to deal with ITC policies. One is to start construction at the specified time, and the other is to buy 5% of the electricity.

"The original intention of the tax credit policy is that the credit should depreciate over time. Therefore, if my project does not start this year, then as the industry starts, there will be a loss of a few percentage points."

CORIGY SOLAR's solar mounting system



CORIGY SOLAR's solar mounting system is cost-effective. In addition, the factory's production capacity are able to deliver in a short lead time to ensure the orderly progress of customer projects.



CORIGY SOLAR more professional and flexible solar mounting solutions waiting for you here! CONTACT US!
Above news from CORIGY SOLAR Sales & Marketing department
Phone: +0086-592-6883200
E-mail: sales@corigy.com

Product Categories
Balcony Mounting System

Install solar panel on balcony fence by Corigy balcony hooks

RV Mounting System

Portable easy install solar panel mounting bracket for RV or yacht

Solar Mounting Accessories

Solar mounting accessories such as end/mid clamp, cable clip, grounding items, etc.

Flat Roof Mounting System

Flat roof solar panel mounting system, such as ballast mount, east-west ballast mount, etc.

Tile Roof Mounting System

Install solar panels on tile roof by hooks and L foot etc.

Metal Roof Mounting System

Install solar panel on the metal roof by standing seam, klip-lok, L foot or other clamps.

Ground Mounting System

Mainly made by galvanized steel, anodized aluminum and ZAM materials

Carport Mounting System

Carbon Steel Solar Carport Mounting Structure

Grounding Screw

Grounding screw for ground mounting structure

Leave a message
Leave a message
If you are interested in our products and want to know more details,please leave a message here,we will reply you as soon as we can.

Home

Products

about

contact