by Lulia Gheorghiu, Utility Dive
The Internal Revenue Service (IRS) issued guidance on Friday, establishing that solar developers who invest at least 5% of the total expected installation cost of a project by the end of 2019 will qualify for a 30% investment tax credit (ITC).
The 2015 law that established the credit did not specifically define what qualifies as beginning construction on a project, to the consternation of the solar industry.
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