By ESS News
The OBBBA is a major investment risk for many green financiers. The extensive legislation has withdrawn billions of dollars in tax incentives for clean energy, imposed new domestic content rules for renewable energy sources and extensive “foreign entity of concern” (FEOC) limitations, many of which directly affect the storage of energy. It is unknown territory.
“This is the first time in my career that I have heard of geopolitics risk that I am an important risk factor for American energy investments,” said Noam Yaffe, the vice president of the energy finance data company Pexapark.
Many investors are beaten and reconsider sending their money to the United States.
Visit our visit ESS News website.
This content is protected by copyright and may not be reused. If you want to work with us and reuse part of our content, please contact: editors@pv-magazine.com.
Popular content
