Hundreds Look to Monetize Clean Energy Investment Tax Credits

Hundreds of applicants are preregistering to be able to monetize tax credits for tens of thousands of projects related to renewable energy and semiconductors, according to new data from the Treasury Department—with clean energy investment credits among the top in demand.

As of March 8, around 500 entities with around 45,500 projects and facilities signed up for transferability and direct pay pre-registration, according to the department.

More than 80% of the projects and facilities requesting registration numbers relate to the Section 48 clean energy investment credits and more than 15% concern the Section 45(a) renewable electricity production credit, according ...