In a shocking turn of events late on the afternoon of July 27th, Sen. Joe Manchin of West Virginia announced that he had reached a deal with Majority Leader Chuck Schumer on a budget reconciliation package that includes $369 billion.  The Inflation Reduction Act of 2022 includes: 10-year extensions of the ITC for residential and commercial solarA new ITC for standalone energy storage Credits for domestic solar manufacturing Credits for new and used EVs Jose Zayas, EVP of Policy and Programs, American Council on Renewable Energy, joined the Factor This! podcast for a rapid reaction to the reconciliation news. You can read our recap of the legislation at Renewable Energy World here. Show notes:-Subscribe to the free Renewable Energy World newsletter to stay up-to-date on the latest news in solar, wind, energy storage, green hydrogen, and more.Factor This!  is produced by Renewable Energy World and Clarion Energy. Connect with John Engel, the host of Factor This!, on LinkedIn and Twitter. We're just a few weeks out from the GridTECH Connect Forum being held in Newport Rhode, Island Oct. 23-25. Register today using promo code PODCAST at checkout to save 20% off admission. Join host developer Nexamp, and host utilities National Grid and Rhode Island Energy, for this groundbreaking event hyper-focused on DER interconnection in the Northeast.  The Factor This!  podcast is growing! We're adding a weekly climate and clean energy news roundup episode to the feed, co-hosted by John Engel and cleantech PR veteran Mike Casey.  Beginning July 21, "This Week in Cleantech" will give you all of the top stories in 15 minutes or less, and feature a leading journalist or market analyst to share the juice behind the headlines. Email story ideas and topics to ThisWeekinCleantech@tigercomm.us.