U.S. clean energy tax credit market to reach $25 billion in 2024
A mid-year report from tax credit marketplace Crux showed that deal volume is expected to come in higher than previously expected at $20 to $25 billion this year.
REIT completes commercial-scale solar tax credit transfer
Solar developer Black Bear Energy said the real estate investment trust’s (REIT) transaction on the 556 kW portfolio is proof of concept that demand exists for credits of this size and risk profile.
Recurrent Energy transfers $103 million in tax credits for Oklahoma project
The owner and operator of the 160 MW North Fork Solar project signed the tax credit facilitation agreement with Bank of America.
IRS issues final guidance for clean energy tax credit transferability
Rules and definitions for the transfer and sale of tax credits, which has quickly grown to a multi-billion-dollar market, largely affirm the proposed guidance from last June.
Direct pay process, tax credit transfer recapture risk and more
At the Solar Energy Industry Association’s annual event in Times Square, experts delved into the complexities of the Inflation Reduction Act and its impact on solar financing.
Tax credit transferability attracting billions to grid-scale solar and batteries
Three recent transactions of $300-million-plus demonstrate the healthy appetite for utility-scale solar and energy storage investment.
First Solar closes $700 million in tax credit transfer sales
The solar panel manufacturer closed the sale of Inflation Reduction Act tax credits.
