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27 December
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First Solar sells $700 million in 45X manufacturing credits for cash

admin   |   Solar, solar industry

Only eight days after the Dept. of Treasury and IRS released its proposed rules for Section 45X manufacturing tax credits within the Inflation Reduction Act, First Solar signed two agreements to sell $700 million of its credits to Firserv, a financial services company. Under the terms of the agreements signed on Dec. 22, Fiserv will…

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