“Prohibited Foreign Entity” restrictions in the OBBBA restrict tax credits in connection with Chinese investment in US-based energy storage projects
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1. Why Recent Energy Storage Policies Are Shaking Up the Industry Ever felt like energy storage policies move faster than a Tesla''s 0-60 mph acceleration? You''re not alone. Since February
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A closer look at FEOC restrictions today as they apply to technology-neutral tax credits for solar and energy storage projects.
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To facilitate the progress of energy storage projects, national and local governments have introduced a range of incentive policies. For example, the “Action Plan for Standardization Enhancement of
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Arguably, the most significant developments in energy storage are the new Foreign Entity of Concern (FEOC) restrictions. Technology-neutral tax credits for new power plants and energy
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New FEOC -- for "foreign entity of concern" -- rules will deny technology-neutral tax credits on new power plants and energy storage projects that use too
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On J, President Trump signed into law the One Big Beautiful Bill Act (the OBBB), which significantly rolls back many of the core tax incentives that clean energy projects have relied on since
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Which Tax Credits Are Affected by FEOC Rules? FEOC restrictions apply to six clean energy tax credit programs, each with varying compliance requirements and enforcement
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The One Big Beautiful Bill Act (OBBB) is set to dramatically reshape how grid scale and residential energy storage systems are treated under federal tax law. The new budget package
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In a major policy shift toward electricity market liberalization, China has introduced contract-for-difference (CfD) auctions for renewable plants and removed the energy storage
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