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The US government has announced US$4 billion in tax credits under the Qualifying Advanced Energy Project Tax Credit (48C) scheme.
Schneider Electric has invested in a portfolio of ENGIE solar-plus-storage projects in Texas through a Tax Credit Transfer Agreement.
The guidelines clarify definitions of eligible components and detail the amount of tax credit for eligible solar components.
The impact of the IRA on both the supply and demand for tax equity. IRA adders are impacting sizing of commitments and availability of tax equity