First Solar has entered into two separate tax credit transfer agreements to sell $500M and up to $200M of 2023 Inflation Reduction Act Advanced Manufacturing Production tax credits to Fiserv, subject to satisfaction of certain conditions.
Under the terms of the agreements, Fiserv will pay $0.96 per $1 of tax credits to First Solar during the first half of next year, inclusive of fees and commissions paid by First Solar to the placement agent.
“This is the IRA delivering on its intent, which is to incentivize high value domestic manufacturing by providing manufacturers with the liquidity they need to reinvest in growth and innovation,” says Mark Widmar, First Solar CEO. “This agreement establishes an important precedent for the solar industry, confirming the marketability and value of Advanced Manufacturing Production tax credits.”
The tax credits result from the sale of PV solar modules produced this year by First Solar’s operational manufacturing footprint in the U.S. As a result of its vertical integration, First Solar is eligible for Advanced Manufacturing Production tax credits allowed for the production of PV wafers, cells, and modules under Section 45X of the IRA.
Citigroup Global Markets is the placement agent for First Solar on the transaction.
The post First Solar Enters Tax Credit Transfer Agreements With Fiserv appeared first on Solar Industry.
First Solar Enters Tax Credit Transfer Agreements With Fiserv
Renewable Energy
Trump Welcomes Qatar to Build Air Force Base in Idaho
No one seems to understand Trump’s motivation here. Did it have anything to do with the $400 million gift aircraft?
Does Qatar fear attack from Alberta or Saskatoon?
The Qataris say they need to be prepared to help achieve peace between the Israelis and the Palestinians. I’m suspicious, though I’m no expert in military logistics. We’re talking about a 6000-mile plane ride.
Renewable Energy
Trump’s Avalanche of Lies
What? I’m confused. “Trump’s Statement” of a few months was that “Gas prices are (present tense) under $2.”
It would have been interesting if one of the gaggle of reporters surrounding him could have asked the obvious question: “That’s great, sir, but can you name a single state in the union whose gas prices are under $2?
It would have been a tense moment, for sure, but don’t we have any self-respect?
Renewable Energy
Where Does Domestic Violence Come From?
Over the past few months, and especially since the murder of Charlie Kirk, the right-wing news sources are telling us that most of the politically related violence is coming from the left, in particular from the left-wing “terrorist associations,” e.g., Antifa.
If you look at some coverage on the subject, however, you’ll learn that this is simple false. Here’s a bit from a PBS piece:
PBS: Policymakers and the public need reliable evidence and actual data to understand the reality of politically motivated violence.
Craig: No, they don’t. Are you serious? Are we to believe that Donald Trump is sending federal troops to democratically-led cities based on “reliable evidence and actual data?” This is a sick joke.
PBS: From our research on extremism, it’s clear that the president’s and Miller’s assertions about political violence from the left are not based on actual facts.
Here’s more from the PBS article:
After the Sept. 10, 2025, assassination of conservative political activist Charlie Kirk, President Donald Trump claimed that radical leftist groups foment political violence in the U.S., and “they should be put in jail.”
“The radical left causes tremendous violence,” he said, asserting that “they seem to do it in a bigger way” than groups on the right.
WATCH: Extremism scholar analyzes influence of rhetoric on political violence
Top presidential adviser Stephen Miller also weighed in after Kirk’s killing, saying that left-wing political organizations constitute “a vast domestic terror movement.”
“We are going to use every resource we have … throughout this government to identify, disrupt, dismantle and destroy these networks and make America safe again,” Miller said.
Political violence rising
The understanding of political violence is complicated by differences in definitions and the recent Department of Justice removal of an important government-sponsored study of domestic terrorists.
Political violence in the U.S. has risen in recent months and takes forms that go unrecognized. During the 2024 election cycle, nearly half of all states reported threats against election workers, including social media death threats, intimidation and doxing.
WATCH: Trump conspiracies inspire threats against judges, jurors and election workers
Kirk’s assassination illustrates the growing threat. The man charged with the murder, Tyler Robinson, allegedly planned the attack in writing and online.
This follows other politically motivated killings, including the June assassination of Democratic Minnesota state Rep. and former House Speaker Melissa Hortman and her husband.
These incidents reflect a normalization of political violence. Threats and violence are increasingly treated as acceptable for achieving political goals, posing serious risks to democracy and society.
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