annual capacity limitation
Defined in 2 places of the United States Code.
For purposes of this paragraph, the term "annual capacity limitation" means 1.8 gigawatts of direct current capacity for each calendar year during the period beginning on January 1, 2025, and ending on December 31 of the applicable year (as defined in section 45Y(d)(3)), and zero thereafter.
Source
- 2022–present26 U.S.C. § 48EInternal Revenue Code · Clean electricity investment credit · under this section
For purposes of this paragraph, the term “annual capacity limitation” means 1.8 gigawatts of direct current capacity for each of calendar years 2023 and 2024, and zero thereafter.
Source
- 2022–present26 U.S.C. § 48Internal Revenue Code · Energy credit · for purposes of this section