Horizon Advisory quoted in Coverage of Solar Tax Credit Risks

The Washington Free Beacon reported on June 19, 2026 about the wait for “prohibited foreign entity” guidance and risks posed by foreign entities of concern (FEOCs) to solar supply chains and to solar tax credits governed by US Treasury oversight. The article, titled Texas Solar Company Seeks Valuable US Green Energy Tax Credits Despite Deep Ties to Powerful Chinese Solar Firm, The reporting builds on Horizon Advisory’s BUYER BEWARE report, which highlights gaps that remain in Treasury guidance around foreign entity of concern (FEOC) risks that will impact eligibility for US tax credits:

"The risk of dependence and the supply chain risk isn't as simple as just equity ownership," Picarsic continued. "The ties that can come from supply dependency or from depending overly on a few different customers induce some of the same risks. That places this challenge on the Treasury Department and IRS to be thoughtful about the complexity of the supply chains and the way that Chinese state-backed actors are looking to sow dependence."

Horizon Advisory’s framework for vetting “Foreign Entity of Concern” indicators — and risks resulting from China’s dominance all along energy supply chains value chain is summarized in the recently published BUYER BEWARE report.