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New Tax Incentives for the Solar Industry Lead to Investor Excitement The United States' goal to increase overall solar power tenfold is set to completely remake America's aging electricity system. And the recently signed Inflation Reduction Act of 2022 will push this plan into action. In fact, it's the single largest energy investment by the government in U.S. history. The generous tax incentives allowed under the Act set the stage for the U.S. solar energy industry to triple production over the next 5 years. See Why the Newly "Energized" Solar Industry Could Be Creating Some Happy Investors
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