Solar | Page 106

Perry Ellis International, Inc. (PEI) announced the completion of a new 2,432-panel rooftop solar installation atop one of the company’s largest distribution centers, which is located in Seneca, South Carolina.

Starbucks Coffee Company, Cypress Creek Renewables, and U.S. Bank are teaming up on a portfolio of solar farms across Texas. As a part of the deal, two solar farms developed, built and now operated by Cypress Creek are providing enough energy for the equivalent of 360 Starbucks stores in Texas.

The U.S. solar industry is continuing to flourish with the help of the federal investment tax credit, otherwise known as the ITC. As this column from EnterSolar notes, this incentive has been a major part of solar project economics for the past decade, but changes are coming in 2020. Here is what you need to know about the ITC Step-Down, and how your company can maximize the monetary benefits of a solar project today.