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                      Fill 29
                      11.8.2024

                      Obtaining the CHP tax credit in the USA: solutions to meet the Safe Harbour requirements

                      Market and policy

                      To take advantage of the "CHP tax credit" by the end of the year, American companies must meet the Safe Harbour requirements, which require an immediate investment of 5% of the total project costs. To support customers, Firm Power Solutions has adopted a strategy called "Begin Construction", more flexible and offering lower financial risks. Customers can then qualify for tax credits with a reduction in initial costs and deferring the final payment, keeping the capital active until the end of the project.

                      Original language: English
                      Origin: USA

                      Speaker

                      Patrick McDonell
                      CEO, Firm Power Solutions

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