Washington, DC – Today, the Treasury Department released guidance on the rules for energy tax credits. Mike Carr, Executive Director of the Solar Energy Manufacturers for America (SEMA) Coalition, released the following statement:
"We welcome Treasury’s release of guidance that provides our members and their customers further clarity on the implementation of key demand-driving energy tax credits. While we are still evaluating the full impact, we believe the guidance provides a pathway for projects to claim the domestic content bonus for buying American-made solar products. The issuance of this guidance will help deliver market certainty for American manufacturers in the near term.
We appreciate those who worked with us on this critical issue – in Congress and the administration – and remain committed to working with administration officials to ensure future guidance further supports American solar manufacturing and limits our reliance on Chinese-controlled supply chains."