The U.S. IRS has announced a safe harbor for taxpayers that develop renewable energy projects, which is being provided in response to COVID-19. --- Treasury, IRS provide safe harbor for taxpayers that develop renewable energy projects IR-2020-106, May 27, 2020 WASHINGTON –The Treasury Department and the Internal Revenue Service today is providing relief for taxpayers developing renewable energy projects and producing electricity from sources such as wind, biomass, geothermal, landfill gas, trash, and hydropower. Safe harbor is also available for taxpayers using technologies such as solar panels, fuel cells, microturbines, and combined heat and power systems. The IRS recognizes that...