President Biden succeeded in passing the bipartisan Infrastructure Investment and Jobs Act, but has had less success so far with Build Back Better. Image: @POTUS via Twitter.
Energy storage industry executives have urged US legislators to swiftly reach a consensus on the Build Back Better Act, with a strong emphasis on introducing the investment tax credit (ITC) for standalone storage.
Two letters have been sent, one addressed to the White House and the other to Congressional leaders, from a long list of CEOs, presidents and other executives representing manufacturers, developers, financiers and system integrators.
They described the legislation as being “essential for growing American manufacturing jobs, ensuring the health and well-being of American families, strengthening our nation’s infrastructure and transportation systems, and for meeting our energy and…