Beyond Solar: Uncovering Post-IRA Tax Equity Opportunities in Clean Energy Technologies
It’s not hyperbole to say that the investment tax credit (ITC) and production tax credit (PTC) have provided the financial resources necessary for the rapid growth of wind, solar, and more recently, energy storage across America.
There are myriad reasons why tax credits and the equity financing they enable have emerged to take such a central role in the transition to a decarbonized electric power system. Renewable energy developers building capital intensive projects lack the tax liability to monetize the tax credits their projects generate. Tax equity partnerships, however, have allowed clean energy developers to team up with large financial institutions and a growing list of corporations and other investors to provide the necessary upfront investment clean energy projects require.
Download the paper to learn more about how tax equity and transferability will help supply the capital the energy transition.