tax credit

Uncertainty over tax credits could cause 84% of investors and 73% of developers to decrease their activity in renewable energy, according to ACORE.

Tax credit transference measures introduced under the Inflation Reduction Act have led to billions of dollars of new investment in solar and other clean energy projects. Alfred Johnson and Katie Bays look at some of the risk mitigation and due diligence best practices that can reduce the complexity and cost of tax credit transactions.

Yesterday, the bank launched a new tax equity investment “product” through its Energy Finance business aimed at renewable energy projects.

In its final ruling, domestic manufacturing of solar ingots and wafers have been included with a 25% tax credit under Section 48D of the Advanced Manufacturing Investment Credit rules.

Solar manufacturing capacity in the US has nearly quadrupled in the two years since the Inflation Reduction Act (IRA) became law.

The corporate world is taking an increased interest in community solar, which can take multiple forms, from tax equity to offtake.

Liquidity is rising at great pace in US tax credit transferability for clean energy, helping lenders become comfortable with the market.

Clean Energy Associates’ Christian Roselund explores the opportunities and risks that lie ahead for US solar, including the ramifications of November’s presidential election.

The guidelines clarify definitions of eligible components and detail the amount of tax credit for eligible solar components.

The US Department of Energy (DOE) announced a new tax incentive last week (19th October) for solar and wind projects in low-income and “underserved” communities, as well as Tribal lands.