On May 10, 2023, the Internal Revenue Service (IRS) and the U.S. Department of the Treasury (Treasury) released guidance on the Domestic Content Bonus Credit (Bonus Credit) in the Inflation Reduction Act (IRA). The guidance discusses forthcoming proposed regulations concerning the Bonus Credit.Continue Reading New IRA Domestic Content Guidance Set to Bolster U.S. Manufacturers in Energy Supply Chain
The fallout from the COVID-19 pandemic and the Russian invasion of Ukraine are only the most recent events that have put enormous strain on clean energy supply chains around the world. This has led to escalating prices of oil and gas, and shortages of the minerals necessary for manufacturing in the clean energy technology sectors.Continue Reading America’s Rust Belt Led the Industrial Revolution – Is it Time They Now Lead the Green Energy Transition?