Energy Storage News•7 days ago
Interim FEOC guidance from US Treasury refers back to existing safe harbour guidelines
- •The US Treasury has released interim guidance on Foreign Entity of Concern (FEOC) rules, specifically detailing "Material Assistance" provisions.
- •This guidance relies on existing safe harbour calculations, providing a framework for developers to assess supply chain compliance.
- •Understanding these FEOC rules is critical for energy storage developers to ensure projects qualify for Inflation Reduction Act (IRA) tax credits.
policy