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
The SAVE Act
It appears that there are a few Republicans who understand the SAVE Act is simply an exercise in voter suppression and thus an attempt to overturn American democracy.
We need to accept any little bit of good news where we can find it.
Renewable Energy
What We Want from the State
What we see at left is a a perfect example of a “straw man” argument, i.e., one that deliberately twists one side of the debate. If you asked to guess as to the percentage of Americans who want to give up free enterprise and hand over the “means of production” to the government, I’d say it could be 1/100th of a percent.
Practically nobody wants “everything from the state.” What most of us want, in addition to the many dozens of other things that the U.S. federal, state, and local governments provide us is Medicare for all and subsided education, which is the form of government in the countries that consistently come in at the top of the World Happiness Rankings.
Renewable Energy
Preferences for Musical Genres and Political Demographics
The following is simply raw speculation on my part. I’ll be interested in your comments.
There are musical styles that align themselves with left- and right-wing politics, though none of these, with the possible exception of one, has 100% of its audience–more on this below.
Here are a few musical genres, where they seem to be pro- or anti-Trump. and why:
Classical. Largely but not exclusively anti-Trump. Classical appeals to the mind and the emotions that surround the perception of beauty, and people who are strong in these areas are generally anti-Trump. There are exceptions, in that there are plenty of billionaires and weirdo intellectuals, e.g., the “objectivists” of Ayn Rand fame many of whom adore classical music.
Country. Pro-Trump. Most of it appeals to people whose most nuanced thinking concerns getting drunk and laid in the back of their pick-up truck.
HipHop: Pro-Trump. The opposite of classical, this is music that appeals to the genitalia as opposed to the mind.
Rock. Mixed bag. Heavy metal probably favors Trump; fans of prog-rock bands like Yes and Pink Floyd have too much going on in their minds and hearts to be Trump supporters.
Folk: Mostly anti-Trump. Pete Seeger and Bob Dylan fans aren’t big on stupidity and fascism. I’m sure there are exceptions.
Reggae: Distinctly anti-Trump. Black folks’ songs of love, peace, weed, and escape from slavery aren’t going to resonate with the hate of the White supremacists.
The Grateful Dead. I’ll leave you with this. If you can find me a single Dead Head Trumper, I’ll be astounded. Now, I know that essentially no one sits on the fence about the Dead; they have their detractors. But there is essentially zero intersection of Dead Heads and those who favor war, corruption, hate, greed, and ignorance.
-
Climate Change1 year ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases1 year ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases2 years ago嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change2 years ago嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change2 years ago
Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
-
Renewable Energy10 months agoSending Progressive Philanthropist George Soros to Prison?
-
Greenhouse Gases1 year ago
嘉宾来稿:探究火山喷发如何影响气候预测
-
Carbon Footprint2 years agoUS SEC’s Climate Disclosure Rules Spur Renewed Interest in Carbon Credits
