The Trump Administration and the Republican-controlled Congress are giving a lot of headaches to the solar and wind industries. Between trying to ram a blanket coal and nuclear bailout through federal regulators to tax provisions that would neuter federal tax credits to a pending decision to limit access of foreign solar components, there is a lot to keep all of us up at night.
But despite all of this, one of the nation’s top ratings companies says that the outlook remains strong for renewable energy. And Fitch Ratings’ latest outlook report notes that both the BEAT provision and the reduction in corporate tax rate may reduce the desire for banks and corporations to provide tax equity financing, it gave both a Rating Outlook and a Sector Outlook of “stable” for renewable energy…
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