By Rachel Frazin The Biden administration is expanding a federal tax credit that seeks to incentivize domestic production of components for solar and wind energy, as well as batteries. The Treasury Department issued final guidance Thursday that details how a renewables manufacturing credit from the Democrats’ climate tax and health care law will be implemented. Compared to a proposed guidance issued late last year, the final guidance makes the credit more lucrative for industry — which officials said could help expand both domestic manufacturing and domestic mining. The tax credit applies to the production of a wide range of components
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