Tax credit uncertainty grows under OBBB safe harbor and China FEOC rules - Canary Media

In two recent Canary Media stories, Reunion CEO Andy Moon offers a clear-eyed view of the mounting risks facing clean energy developers and investors.

In “Wind and solar developers face a year of hard calls with new GOP law”, Moon notes that the recent push to limit safe harbor provisions marks a “significant departure” from industry expectations. With Treasury guidance now in flux, he notes that “developers are scrambling” to understand how projects will qualify — and predicts a coming freeze: “Greenfield development is going to freeze after [safe harbor expires] until the market adjusts.”

In “Anti-China rules make GOP megabill even worse for clean energy”, Moon highlights growing alarm over FEOC guidance, which could block billions in credits for projects using Chinese-linked materials. He cautions that “the industry has not yet fully absorbed the potential impact,” and flags the long IRS challenge window and severe penalties as further chilling effects.

Together, Moon’s comments point to a new era of uncertainty.