Is this leaked Treasury guidance offering a sign of cautious optimism for renewables? (Latitude Media)
Solar stocks jumped Friday afternoon following reports of leaked Treasury Department guidance for clean energy tax credits suggesting the Trump administration could keep solar and wind projects’ access to the funding intact.
While the rules would tighten the definition of “started construction,” they preserve offsite work eligibility and a four-year safe harbor. The draft also eliminates the old “5% spend” threshold, though regulations could change before the final draft is released.