7X Energy stockpiles 2 GW of inverters to beat the ITC step-down

7X Energy has purchased 2 GW of Power Electronics Freesun HEM inverters in preparation for the ITC step-down. The ITC provides a 30% tax cut relative to the cost of installation to all residential, commercial and utility solar projects started in 2019, as long as they’re operational by December 31, 2023. For more about the ITC…

The post 7X Energy stockpiles 2 GW of inverters to beat the ITC step-down appeared first on Solar Power World.

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