US Treasury Department releases guidance on domestic solar content
- Admin
- Apr 26, 2024
- 1 min read
The US Department of the Treasury and the IRS have released detailed information about the domestic content bonus under the Inflation Reduction Act, allowing solar power projects to increase their tax credit. The guidance aims to boost American manufacturing, emphasizing on domestic content and clean energy projects. Projects must meet specific criteria to be eligible for the bonus credit.
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