Massive solar farm planned near Houston could power 1.5 million homes in Texas heat
, which includes incentives for utility-scale renewable energy projects. While companies are still awaiting specific guidance from the U.S. Treasury on exactly what will qualify, the IRA includes tax incentives for projects using solar panels partially manufactured in the U.S. and for renewable energy projects built in communities where jobs and tax revenue have traditionally come from fossil fuels.
In the Houston of the future, as imagined by the city’s oil companies and civic institutions, a network of clean hydrogen plants and pipelines will by mid-century deliver carbon-free fuel around the state and the world, generating $100 billion a year for the Texas economy.
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