A new market for Inflation Reduction Act clean energy tax credits will bring significant new capital to wind, solar, battery, clean hydrogen and carbon capture projects, financial analysts say. The IRA transferability provision allowing the buying and selling of federal production and investment tax credits could more than triple the $20 billion annual tax equity market that today finances clean energy in the U.S., the analysts say. Clean energy developers can earn revenues by selling tax credits, buyers can reduce their tax burdens while financing new projects, and utilities could increase ownership of low cost clean energy to reduce customer rates.
Solar Industry Veterans Launch Segue Sustainable Infrastructure to Capitalize Development Stage Renewable Energy Projects prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Solar Industry Veterans Launch Segue Sustainable Infrastructure to Capitalize Development Stage Renewable Energy Projects prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.