Sol-Ark Highlights U.S. Manufacturing Benefits & Qualifications

Sol-Ark® energy storage products qualify for the Section 48E and the Section 45Y tax credits.

Sol-Ark®, a leading U.S.-based provider of innovative hybrid inverters, solar storage, and energy storage solutions, today confirmed qualification of Sol-Ark® products for the Clean Electricity Investment Tax Credit (Section 48E) and the Clean Electricity Production Tax Credit (Section 45Y) under the Internal Revenue Code of 1986, as amended.

Sol-Ark® expects to provide customers with supply chain certifications confirming Sol-Ark's status as a non-Prohibited Foreign Entity (PFE) and inverter supplier that will offer a highly favorable contribution to customers' material assistance cost ratios (MACR), based, in each case, on current U.S. Treasury and Internal Revenue Service publications and interpretations.

Sol-Ark® also noted that its firmware and software are developed and maintained by the company's engineering team in Allen, Texas. Customer data is stored on U.S.-based Amazon Web Services (AWS) infrastructure managed by Sol-Ark, consistent with Sol-Ark's strong cybersecurity, data and privacy commitments. Customers may request supply chain certifications in connection with the purchase of Sol-Ark products.

Contact Information

Anthony Verre - Corporate Marketing
[email protected]
(972) 575-8875

SOURCE: Sol-Ark

Source: Sol-Ark

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Tags: clean energy tax credits, macr, material assistance cost ratios, pfe, prohibited foreign entity, section 45Y, section 48E, sol-ark, solark


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Sol-Ark® enables the most reliable, innovative, and affordable energy storage solutions to power families and businesses.

Sol-Ark
805 S. Central Expressway
Allen, TX 75013
United States