Analysts Discuss Federal Support and Challenges for U.S. Solar and Storage Industries Amidst Divided Government
Industry analysts, including Mike Catanzaro of CGCN Group, John Gimigliano of KPMG, J.C. Sandberg of the American Clean Power Association, Whitney Stanco of Compass Point Research and Trading, and Tom West of Capitol Tax Partners, recently discussed the future of federal support for utility-scale and distributed clean energy projects on the Norton Rose Fulbright Currents podcast. They identified domestic manufacturing incentives under Section 45X as the most promising bipartisan opportunity for the solar and storage sectors. These tax credits, which apply to U.S.-made solar modules, cells, wafers, inverters, and battery components, are currently set to begin phasing out after 2029. The panel also noted that extending the July 4, 2026, construction-start deadline for utility-scale solar tax credits faces significant hurdles. While Senate and House Democratic leaders support such an extension, passing it before 2029 would likely necessitate concessions to White House priorities, such as permanent tax exempti...