U.S.
based giant First Solar also said it will spend $1.1 billion to build its
fifth domestic component factory in Louisiana, as India and China-based manufacturers plan new American capacity boosts
Officials attribute the rise in manufacturing construction spending to the CHIPS and Science Act and other legislation that has incentivized private investment.
Second Massachusetts project, SouthCoast Wind, files to terminate project power agreement, and could face up to a $60-million fine, while developers in New York and New Jersey seek contract cost adjustments
The U.S. Energy Dept. updates its strategy to cut emissions with clean hydrogen, but the Treasury Dept. won't propose until summer rules on how emissions from its production are counted when awarding critical project tax incentives outlined in the 2022 climate law.
The program focuses on 11 buildings projects, and is intended to reduce emissions associated with federal construction and promote wider adoption of environmental product declarations for building materials.
U.S. Treasury Dept. details Inflation Reduction Act investment and production tax incentives that could unlock billions for more domestic manufacturing, but projects could still gain credits even with use of polysilicon wafers that one trade group said is 95% imported from China.
Greenhouse Gas Reduction Fund advances with potential grants for thousands of projects, including half set for low-income and disadvantaged areas, but House GOP has already signaled intent to repeal it.
