by Colite Technologies | Sep 9, 2024 | Solar Finance & Incentives
On August 12, 2024, President Biden made an official announcement to raise the tariff rate quota (TRQ) on solar cells under Section 201 of the 1974 Trade Act. This adjustment raised the quota from 5 gigawatts (GW) per year to 12.5 GW, starting August 1, 2024. This...
by Colite Technologies | May 14, 2024 | Solar Finance & Incentives
A solar investment is a strategic move for businesses seeking to reduce energy costs, enhance sustainability, and gain energy independence. Although the cost of solar PV systems has risen recently due to supply chain challenges, labor increases, and heightened demand,...
by Colite Technologies | Aug 17, 2023 | Solar Finance & Incentives
Clean Energy Investments In the past 12 months, clean energy investments have surged, with over $270 billion in capital investments announced for projects and new manufacturing facilities to meet growing demand driven by the Inflation Reduction Act. The investment...
by Colite Technologies | Aug 17, 2023 | Solar Finance & Incentives
Inflation Reduction Act (IRA) Summary & Updates The Inflation Reduction Act (IRA) of 2022 has been a huge topic of discussion within the renewable energy industry since it became law in August 2022. It invests close to $370 billion into clean energy technologies,...
by Colite Technologies | Feb 23, 2023 | Solar Finance & Incentives
Case Study: REAP Grant for Solar Project Colite Technologies strives to help business owners understand and leverage the many benefits of solar energy, including available incentive programs that make solar more accessible. One of these programs is the REAP grant by...
by Colite Technologies | Aug 26, 2022 | Solar Finance & Incentives
Inflation Reduction Act: Driving Clean Energy Growth The energy industry’s attention has been laser focused on the Inflation Reduction Act of 2022 for the last several months. With the president’s signature on August 16, the Act is now law and will invest historic...
