Extract to table

We note that prevailing wage and apprenticeship compliance is an ongoing obligation that extends through the recapture period (generally five years from the placed-in-service date) for purposes of the ITC, and that any post-construction alteration or repair work on the projects must also comply with PWA requirements

All manufacturing processes for any steel or iron that is a component of the energy property — from the initial melting stage through the application of coatings — must take place in the United States

Under the adjusted percentage test set forth in IRS Notice 2023-38, at least 40% (for projects beginning construction in 2023) of the total cost of manufactured components that are part of the energy property must be attributable to components that are manufactured in the United States, or, alternatively, mined or extracted in the United States

For each project in the Solstice Portfolio to claim the ITC for the 2023 taxable year, the project must be placed in service — i

must achieve commercial operation — on or before December 31, 2023