Trump’s Tax Rules Still Unclear to US Clean-Energy Industry

The Trump administration’s interim guidance on clean energy tax credits released Thursday offered some relief to the industry by laying out a manageable path for new projects. But, it still left investors uncertain.

The industry had been closely watching the long-awaited guidance, which spells out rules for calculating whether a project or manufacturing facility is eligible for lucrative tax credits based on material sourced from China or other US adversaries. However, the guidance didn’t significantly address another key issue: restrictions on foreign ownership and control of those projects.

“Our sense is that this guidance may not do enough ...