Leveraging Clean Energy Projects: Unpacking The 10% Domestic Content Bonus by The US Treasury Department
The U.S. Treasury Department, in a game-changing move, is offering up to a 10% Domestic Content Bonus to clean energy projects under the Investment Tax Credit (ITC) and Production Tax Credit (PTC), collectively known as the Internal Revenue Code’s (IRA) energy credit provisions. This initiative targets boosting domestic production and encouraging clean energy practices. This …