In one line
US Inflation Reduction Act per-unit production tax credit for domestic manufacturing of solar modules, cells, wafers, batteries, and wind components.
What it means
IRA Section 45X is a per-watt (for solar) and per-kWh (for batteries) US tax credit paid to manufacturers of clean energy components produced in the United States. 2026 rates: $0.07/W for modules, $0.04/W for cells, $0.012/W for wafers, $0.03/W for backsheets/glass, plus $35/kWh for battery cells. The credit transformed First Solar, Qcells US, and triggered ~$40B of announced US solar manufacturing investment 2022–2026.
Related terms
Browse every term in the renewable energy glossary, or read the latest analysis on Policy.