The U.S. Department of the Treasury, in collaboration with the Internal Revenue Service (IRS), has announced additional guidance on the domestic content bonus for Clean Electricity Production and Investment Tax Credits to bolster American manufacturing in clean energy projects. The guidance aims to promote the use of American-made iron, steel, and manufactured products in projects like solar and wind farms, supporting the growth of the clean energy sector and ensuring benefits for American workers and companies. Under the current administration, significant investments exceeding $196 billion in clean power and $92 billion in clean energy manufacturing have been reported. The released guidance includes updates to the safe harbor tables that allow clean energy developers to determine eligibility for the domestic content bonus. Notably, there are alternative cost percentages for solar projects utilizing domestically-produced wafers, enhancing incentives for onshoring wafer manufacturing. These measures are designed to align more closely with market conditions and product components, as analyzed by the Department of Energy. Furthermore, the Treasury also unveiled the first Annual Table providing greenhouse gas emissions rates for specific clean electricity facilities eligible for tax credits. This move encourages innovation by making various clean electricity facilities categorically eligible for tax credits, such as geothermal, nuclear fission, wind, solar, and more. Taxpayers with facilities not covered in the table can request a Provisional Emissions Rate (PER) for evaluation. In a separate development, final rules for the Section 48 Energy Credit, also known as the Investment Tax Credit (ITC), were released to offer clarity and certainty to clean energy project developers. This initiative aims to provide developers with the confidence needed to make substantial investments in producing clean power, thereby contributing to the expansion of America's clean energy economy. The ITC has long been instrumental in driving clean energy development by offering tax credits for investments in qualifying clean energy property.