According to foreign media reports, in response to the US Congress's budget decision to accelerate the phasing out of the federal investment tax credit (ITC) for solar and wind energy. The New Leaf Energy , a US renewable energy developer, has laid off about a fifth of its workforce (41 out of 217).
Previously, when the draft of the so-called "One Beautiful Bill" was released on May 12, it triggered strong resistance in American society, especially in the solar industry. On that day, the solar energy stock market was shocked, plunging 41% . (For details, please click: Photovoltaic Industry! The stock price plummeted! Ccement. Com/news/2507/richtext/IMG/3aalskw43jf1753093012073. According to the bill, its clean energy projects will start construction before July 4, 2026. Enjoy a 30% investment tax credit . If construction starts after July 4, 2026, it must be in service by the end of 2027 to receive the tax credit. In a
recent report, Wood Mackenzie pointed out that the bill has greatly narrowed the time frame for solar projects to qualify for full tax credits, while unauthorized development projects are facing increasing uncertainty. Therefore, it is predicted that with the elimination of tax credits, the installed capacity of solar energy in the United States may decline by 17% in 10 years.
As a result, the industry expects in the US, particularly in residential solar companies, to start scaling back hiring and preparing for layoffs.". It is worth noting that some companies did not officially announce the news of layoffs, but chose to proceed quietly.
Earlier, social media platforms had reported that a utility-grade solar and < a href = "https://www.databm." in North Carolina, USA.
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