25 Apr '17, 12pm

Tax Uncertainty Disrupting Solar Deals

Even without any specific tax-reform proposals, President Donald Trump’s pledge to revamp U.S. policies is already affecting the solar industry , and not in a good way. “It’s causing disruptive effects on finance,” Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association, said in an interview Monday at Bloomberg New Energy Finance’s Future of Energy Global Summit in New York. “Costs are going up.” After Trump’s surprise victory in November, clean-energy proponents worried that the prospect of tax reform would slow wind and solar finance. Investors, they said last year, might opt to wait out the uncertainty. Instead, deals may be accelerating — at least in solar — as developers and investors rush to get deals done before the corporate rate falls. But developers may have to pay more than they would have done before the election. Part of the reason fo...

Full article: http://www.renewableenergyworld.com/articles/2017/04/tax-...

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