Renewables Developers Work Deals While Awaiting U.S. Guidance On Foreign Sourcing

US renewable energy tax credit monetization and debt financing are expected to grow in 2026 even without firm US Treasury guidance regarding restrictions on components sourced from foreign entities of concern, according to a new report from Crux Climate Inc. The Treasury Department is expected to release a proposed rule explaining entity-level restrictions before the end of the year. Crux expects $7.45 billion in projected 2026 tax credits to be sold from preferred equity, compared to $3.05 billion in 2025.