U.S.-made optimizers to maximize manufacturing tax credits
Sean Burke, the CEO of Enteligent, discussed with pv magazine USA the details of this transition, emphasizing its role in optimizing the available tax incentives under the IRA.
Burke underscored the financial incentives tied to the move, explaining, “when U.S.-based inverter manufacturers sell their hardware fully integrated as a full system solution, then those companies can claim the IRA 45x $0.11/W transferable tax credit.” Without the inclusion of the optimizer, residential solar inverters secure a credit of $0.065/W, and commercial units a lesser $0.02/W.