SolarEdge and Enstall, Parent Company for PanelClaw, IronRidge, EcoFasten, Collaborate with Novogradac and Crux to Streamline Process for Domestic Content Tax Compliance and Monetization
SolarEdge Technologies (SEDG) has partnered with Enstall (parent company of PanelClaw, IronRidge, EcoFasten), Novogradac & Company LLP, and Crux to create a streamlined solution for domestic content tax compliance and monetization.
The collaboration aims to simplify the complex process of qualifying for the IRS Domestic Content bonus credit for developers working on Multi Dwelling Units (MDUs), apartment buildings, and large rooftop commercial and industrial (C&I) projects. The solution combines due diligence, compliance validation, and tax credit monetization into a unified process.
Novogradac will conduct an Agreed Upon Procedure (AUP) Report to verify domestic content eligibility of SolarEdge and Enstall products, while Crux's platform will facilitate the monetization of eligible Investment Tax Credits (ITC) through their transferable tax credit marketplace.
SolarEdge Technologies (SEDG) ha stretto una partnership con Enstall (società madre di PanelClaw, IronRidge, EcoFasten), Novogradac & Company LLP e Crux per creare una soluzione semplificata per la conformità fiscale relativa ai contenuti nazionali e la monetizzazione.
La collaborazione mira a semplificare il complesso processo di qualificazione per il credito d'imposta per contenuti nazionali dell'IRS per gli sviluppatori che lavorano su Unità Abitative Multiple (MDU), edifici residenziali e grandi progetti commerciali e industriali (C&I) su tetto. La soluzione combina due diligence, convalida della conformità e monetizzazione dei crediti d'imposta in un processo unificato.
Novogradac condurrà un Rapporto di Procedura Concordata (AUP) per verificare l'idoneità dei contenuti nazionali dei prodotti SolarEdge e Enstall, mentre la piattaforma di Crux faciliterà la monetizzazione dei Crediti d'Imposta sugli Investimenti (ITC) idonei attraverso il loro mercato di crediti d'imposta trasferibili.
SolarEdge Technologies (SEDG) se ha asociado con Enstall (empresa matriz de PanelClaw, IronRidge, EcoFasten), Novogradac & Company LLP y Crux para crear una solución simplificada para el cumplimiento fiscal de contenido nacional y la monetización.
La colaboración tiene como objetivo simplificar el complejo proceso de calificación para el crédito fiscal por contenido nacional del IRS para desarrolladores que trabajan en Unidades de Vivienda Múltiple (MDUs), edificios de apartamentos y grandes proyectos comerciales e industriales (C&I) en techos. La solución combina la debida diligencia, la validación de cumplimiento y la monetización de créditos fiscales en un proceso unificado.
Novogradac llevará a cabo un Informe de Procedimiento Acordado (AUP) para verificar la elegibilidad del contenido nacional de los productos de SolarEdge y Enstall, mientras que la plataforma de Crux facilitará la monetización de los Créditos Fiscales de Inversión (ITC) elegibles a través de su mercado de créditos fiscales transferibles.
SolarEdge Technologies (SEDG)는 Enstall (PanelClaw, IronRidge, EcoFasten의 모회사), Novogradac & Company LLP, Crux와 협력하여 국내 콘텐츠 세금 준수 및 수익화에 대한 간소화된 솔루션을 만들었습니다.
이번 협업은 다세대 주택(MDU), 아파트 건물 및 대형 옥상 상업 및 산업(C&I) 프로젝트에서 작업하는 개발자를 위한 IRS 국내 콘텐츠 보너스 크레딧 자격을 얻는 복잡한 과정을 단순화하는 것을 목표로 합니다. 이 솔루션은 실사, 준수 검증 및 세금 크레딧 수익화를 통합된 프로세스로 결합합니다.
Novogradac는 SolarEdge 및 Enstall 제품의 국내 콘텐츠 적격성을 확인하기 위해 합의된 절차(AUP) 보고서를 수행하며, Crux의 플랫폼은 전환 가능한 세금 크레딧 시장을 통해 적격 투자 세금 크레딧(ITC)의 수익화를 촉진합니다.
SolarEdge Technologies (SEDG) s'est associé à Enstall (société mère de PanelClaw, IronRidge, EcoFasten), Novogradac & Company LLP et Crux pour créer une solution simplifiée pour la conformité fiscale au contenu national et la monétisation.
Cette collaboration vise à simplifier le processus complexe de qualification pour le crédit d'impôt pour contenu national de l'IRS pour les développeurs travaillant sur des unités d'habitation multiples (MDUs), des immeubles d'appartements et de grands projets commerciaux et industriels (C&I) sur les toits. La solution combine la diligence raisonnable, la validation de la conformité et la monétisation des crédits d'impôt en un processus unifié.
Novogradac réalisera un rapport de procédure convenue (AUP) pour vérifier l'éligibilité au contenu national des produits SolarEdge et Enstall, tandis que la plateforme de Crux facilitera la monétisation des crédits d'impôt sur les investissements (ITC) éligibles via leur marché de crédits d'impôt transférables.
SolarEdge Technologies (SEDG) hat sich mit Enstall (Muttergesellschaft von PanelClaw, IronRidge, EcoFasten), Novogradac & Company LLP und Crux zusammengeschlossen, um eine vereinfachte Lösung für die steuerliche Compliance und Monetarisierung des Inlandsinhalts zu schaffen.
Die Zusammenarbeit zielt darauf ab, den komplexen Prozess der Qualifizierung für den IRS Domestic Content Bonus Kredit für Entwickler, die an Mehrfamilienhäusern (MDUs), Wohngebäuden und großen gewerblichen sowie industriellen (C&I) Projekten arbeiten, zu vereinfachen. Die Lösung kombiniert Due Diligence, Compliance-Validierung und Monetarisierung von Steuergutschriften in einem einheitlichen Prozess.
Novogradac wird einen Agreed Upon Procedure (AUP) Bericht durchführen, um die Eignung des Inlandsinhalts der Produkte von SolarEdge und Enstall zu überprüfen, während die Plattform von Crux die Monetarisierung der berechtigten Investitionssteuergutschriften (ITC) über ihren übertragbaren Steuergutschriftenmarkt erleichtert.
- SolarEdge's U.S.-manufactured inverter and optimizer solutions for C&I are already BABA compliant
- New streamlined solution simplifies tax credit monetization process for customers
- Partnership provides cost-effective compliance verification for tax benefits
- None.
Insights
SolarEdge's partnership with Enstall, Novogradac, and Crux represents a strategic market positioning move in the commercial and industrial (C&I) solar sector. This collaboration addresses a significant pain point for solar developers by simplifying the complex process of qualifying for domestic content tax incentives under IRS regulations.
The solution combines three critical elements: SolarEdge's U.S.-manufactured inverters and optimizers, Enstall's domestic racking products, Novogradac's compliance validation through Agreed Upon Procedure (AUP) reporting, and Crux's tax credit monetization marketplace. This integrated approach could potentially reduce friction in the sales cycle for C&I projects looking to capture the domestic content bonus credits.
From a competitive standpoint, SolarEdge is leveraging its existing BABA (Buy America, Build America) compliance as a differentiator in the market. By simplifying the path to tax credit monetization, SolarEdge potentially creates a compelling value proposition for developers working on multi-dwelling units and large commercial installations who might otherwise struggle with the regulatory complexity.
While this initiative demonstrates proactive management responding to market conditions, the actual financial impact remains difficult to quantify. The partnership shows SolarEdge's commitment to enhancing its go-to-market strategy beyond product features alone, focusing on total economic value for customers. However, this solution alone is unlikely to dramatically alter SolarEdge's near-term financial trajectory given the broader challenges facing the solar industry.
Meeting Domestic Content requirements under the Elective and Notice 2025-08 has been a challenge for some developers working on Multi Dwelling Units (MDUs), apartment buildings, and large rooftop commercial and industrial (C&I) projects. The new solution offered by SolarEdge, Enstall, Novogradac and Crux helps to eliminate complexity surrounding the new guidance by combining due diligence, compliance validation, and tax credit monetization into a unified process. Available under this approach are SolarEdge’s C&I products and Enstall’s PanelClaw, IronRidge, EcoFasten flat and pitched roof products.
A Simplified Path in Determining Domestic Content Compliance & Robust Tax Credit Monetization Support
To help developers and business owners meet IRS requirements, SolarEdge and Enstall have engaged Novogradac & Company LLP, to conduct an Agreed Upon Procedure (AUP) Report. This report addresses procedures related to the Domestic Content eligibility of SolarEdge and Enstall products that help streamline due diligence for potential buyers of Investment Tax Credits (ITC).
Additionally, this solution engages Crux, which operates the industry’s central transferable tax credit marketplace. Crux’s platform supports owners and developers interested in monetizing eligible ITCs through all stages of the transaction process.
"SolarEdge's
"IRS guidance on Domestic Content compliance, such as Notices 2024-41 and 2025-08, has introduced specific requirements that developers must meet to qualify for additional tax incentives, and it has not been easy for customers to meet and understand the requirements. Novogradac’s AUP performs specific procedures related to this domestic content criteria and assists stakeholders with obtaining key facts that can allow them to make financing decisions on the ITC adder, “said Josh Morris, partner at Novogradac & Company LLP. “By offering a structured solution with SolarEdge and Enstall, Novogradac is able to provide a cost effective and efficient process to deliver relevant results on these products.”
"This new solution offers a structured approach to both compliance and financial optimization," added Corey Geiger, COO for Enstall. "Our goal is to help customers confidently meet regulatory standards while ensuring their projects remain economically viable."
About SolarEdge
SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, and grid services solutions. Visit SolarEdge online at www.solaredge.com.
About Enstall
Enstall is a global leader in solar mounting and digital service solutions. The Enstall family of brands, IronRidge, EcoFasten, PanelClaw, Esdec, Blubase, and Sunfer, share our mission to accelerate solar adoption and deliver solar sooner. We develop highly reliable PV mounting solutions and digital capabilities that create less hassle and deliver more value for solar professionals. Founded more than 20 years ago, we're the most trusted partner in the industry with more than 25 Gigawatts of solar utilizing our solutions. Enstall's companies operate in the top solar markets in the
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Press Contact
Lily Salkin, Senior Global Manager of Public Relations
Lily.salkin@solaredge.com
Investor Contact
JB Lowe, Head of Investor Relations
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Global Government Affairs Contact
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Source: SolarEdge Technologies, Inc.
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