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Home » News » U.S. Tax Credit Market Soars: Renewable Energy Developers Garner $9 Billion in Unprecedented Growth
Finance

U.S. Tax Credit Market Soars: Renewable Energy Developers Garner $9 Billion in Unprecedented Growth

By Oliver HughesJanuary 17, 20243 Mins Read
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Developers of renewable energy projects have capitalized on a burgeoning market, selling unused U.S. tax credits to other companies. A recent study, buoyed by legislation in 2022 that facilitated such trades, reveals that this market now commands a value between $7 billion and $9 billion. President Joe Biden's climate law, designed to attract trillions of

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