US solar 'revolution' to roll on regardless of ITC: BoA

However, a failure to get the currently-expired wind production tax credit (PTC) extended would prove “troublesome” for wind, he says.

At the end of 2016, the solar ITC is due to drop from 30% to 10% for commercially owned PV systems.

While the solar industry may still lobby its way to a softer landing, the US solar market – and especially distributed PV, wherein companies like SolarCity and Vivint Solar operate – would recover quickly from an ITC reduction, Wood predicts.

“We