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Writer's pictureLawExchange International

IRS Notice Provides Relief for Renewable Energy Construction Projects

As we discussed in a previous article, the renewable energy industry is experiencing record growth. President Biden’s current initiatives are also expected to provide an additional boost to accelerate future growth in clean energy industries. However, the ongoing COVID-19 pandemic and its effects have caused construction delays for these projects due in part to supply chain issues, rising material costs and workforce shortages. These factors can result in delays in completing energy projects and prevent a linear construction path. Read the full article here.

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