1. Home
  2. Tag "How a battery can be eligible for the ITC today and possibly in the future"

How a battery can be eligible for the ITC today and possibly in the future

On April 4, 2019, Congressman Mike Doyle (D-PA) filed legislation to modify the federal tax code to include energy storage as an eligible technology for the investment tax credit (ITC). Currently, the ITC under Section 48 and 25D of the Internal Revenue Code allows project owners to receive federal tax credits for installing designated renewable energy generation […]

EVE Begins Construction on Its Battery Production Plant in Hungary – EQ Mag