
Mitigate Risk
Why a Solar Project Risk Mitigation Framework is Critical for Investors and Financial Institutions
The recent passing of H.R.5376, the Inflation Reduction Act (“IRA”), has extended the Investment Tax Credit (“ITC”) for solar and reinstated the Production Tax Credit (“PTC”) for solar through at least the early 2030s. While this legislation is designed to offer tax credit monetization incentives that encourage investment in new utility scale solar projects, basic challenges that face developers remain.