The ability for solar projects to transfer tax credits under the IRA had created a whole new flexible marketplace and attracted new corporate interest. Image: First Solar.
The World Trade Organization (WTO) has agreed to establish a dispute panel to rule on how compatible certain tax credits under the US Inflation Reduction Act (IRA) are with WTO rules, following a second request by China.
The tax credits under scrutiny include the Clean Vehicle Credit and the Renewable Energy Tax Credits, which includes the Investment Tax Credit for Energy Property; the Clean Electricity Investment Tax Credit; the Production Tax Credit for Electricity from Renewables; and the Clean Electricity Production Tax Credit.
(The above content is reproduced from pv-tech,By Tom Kenning)
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