Utility Dive: US solar industry gets boost with new IRS guidance
Jul 2, 2018 | News RoundupLess than a minute
June 25 — The 2015 law that established the credit did not specifically define what qualifies as beginning construction on a project, to the consternation of the solar industry. The new guidance specifies that developers have four years to begin a project to qualify for the ITC, which then begins to wind down from 30% to 10% based on the construction and service dates of the project.
