The whole of the Fortune 500 is looking into clean energy tax credit transferability deals, according to tax credit investment banking firm Foss & Company.
The US government has proposed new regulations regarding tax credits for the owners of renewable energy and energy storage facilities eligible for support under the Inflation Reduction Act (IRA).
The Chinese government has requested the World Trade Organization (WTO) dispute consultations with the US over subsidies from the Inflation Reduction Act (IRA).
"Compliance requirements and regulations are a specific set of information that most of the developers don’t want to go and build that expertise internally.”
Between US$7 and US$9 billion in transferable tax credit transactions were made last year in the US, according to a report from Crux, an ecosystem for entities to transact and manage transferable tax credits.
