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‘Direct Pay’ Tax Mechanism Advances Major U.S. Solar Project

January 18, 2024
‘Direct Pay’ Tax Mechanism Advances Major U.S. Solar Project

San Antonio, Texas, is set to become one of the first cities in the United States to deploy the Inflation Reduction Act (IRA)’s“direct pay” mechanism, using it to secure 13 megawatts of solar power that will offset about 11% of the electricity used for city operations.

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