Marex, a global services financial platform, has launched an online marketplace for transacting clean energy tax credits, allowing clean energy developers to list their tax credits so that buyers can find projects that address their credit needs.

In an interview, Julian Erfurth, head of business development for US tax credits at Marex, said they launched the product because they hadn’t yet seen a space able to provide clear information about project developments or buyers, and guide parties through project financing structures involving clean energy tax credits.

“The space is maturing but it’s still a complex transaction,” Erfurth said.

Marex is a non-bank clearing house that specializes in financial services to clients in the clean energy sector.

The platform will operate through Marex’s technology suite Neon, through which the team at Marex will review and prequalify tax credits on the marketplace before buyers are able to see and evaluate them. Buyers will be supported through the transaction process, specifically through tax credit matching and risk considerations related to a project.

Erfurth said that Marex is a tax credit buyer themselves, and have the insight of how buyers work, what kind of information they are looking for, and how to meet their needs. The platform allows developers to list their projects and not worry about fees until a buyer has engaged in a project.

While many potential tax credit buyers are curious, Erfurth said they are also hesitant to enter the space because of a knowledge gap of technical areas like terms of the agreement and financing structure.

“The success of a deal is the right price, right terms and execution,” he added.

The company also has a number of international clients who may not understand how US tax schemes work, and how to leverage some of these credits to develop projects.

The launch comes approximately half a year before full tax credits for utility scale solar and wind projects are set to expire on July 4, 2026, as outlined by the One Big Beautiful Bill Act (OBBBA).

Erfurth added that there has been a shift in the buying space, with buyers leaving wind-solar projects, and turning towards battery energy storage projects.

He added that tax credits in the battery storage space are particularly useful, especially as these projects are hard to execute.

*This story was originally published exclusively for NPM subscribers.