Enphase Energy has begun shipping the company’s IQ Battery 5Ps, produced in the United States, that may assist projects in qualifying for the Domestic Content Bonus Credit.
The Domestic Content Bonus Credit is a tax credit aimed at encouraging manufacturing and clean energy deployments in the U.S., as part of the IRA.
The tax credit is available to commercial asset owners. Projects using microinverters and batteries supplied from contract manufacturing partners in the U.S., as well as some domestic-made solar racking equipment, could qualify for the tax credits.
“This marks a powerful shift for Enphase and our customers,” says Ken Fong, vice president and general manager of the Americas at Enphase Energy.
“The launch of IQ Batteries and IQ8 Microinverters from U.S. contract manufacturing facilities is a testament to our focus on providing reliable, forward-thinking solutions that meet the evolving needs of American homeowners. We’re not just advancing clean energy but are also building a foundation for resilient communities by investing in domestic manufacturing and delivering top-tier technology to the market.”
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Enphase Energy Starts Shipping Domestically Produced IQ Battery 5Ps
Can’t swear that this is true but hoping so.
We must never forget.
The more visibility and the more frequent reminders we can get on this catastrophe in U.S. history the better.
It’s almost funny when we hear that California is a socialist state, or a police state (due to our environmental restrictions), or that people are leaving in droves to go to Texas or Florida. When I come across people who say this, I wonder: have you ever actually been to California?
Do you know that the garden-variety 3 BR, 2 BA house here lists at about $1.2 million, where, if it were moved to, say, the Midwest, it would be worth perhaps $2500,000? Why do you think that could possibly be? Maybe the law of supply and demand doesn’t apply to the Marxist part of the nation?
Perhaps it’s because Californians are offered fantastic economic opportunities. We develop and implement ideas that improve the lives of everyone on Earth, and that we profit greatly from our undertakings.
Something for the MAGA crowd to consider.
The main way governments create wealth is by educating people so that they can become productive members of society. They also build roads and airports and maintain law and order so that honest businesses can thrive.
Anyone living now who believes that Elon Musk and Jeff Bezos are creating wealth for anyone but themselves is a total fool.
A ton of people bought into the concept expressed here in the mid-20th Century, but no semi-intelligent person today believes that tax breaks for billionaires/trillionaires generates a nickel for the common person.
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