Press Release

MEDIA ADVISORY | February 2nd: Buyer Beware: Horizon, SEMA to Discuss New Report Exposing Companies Posing as Non-FEOC

–(BUSINESS WIRE)–Horizon Advisory:

What: With the U.S. Treasury’s forthcoming release of draft Foreign Entity of Concern (FEOC) or, as defined in the One Big Beautiful Act, Prohibited Foreign Entity (PFE), guidance, Horizon Advisory will publish a report and framework for clean energy buyers to use as they vet manufacturers for PFE risks. Horizon’s report to be published on Monday, February 2nd, is titled BUYER BEWARE: A Framework for Vetting Foreign Entity Risk.

Horizon’s work examines how corporations with ties to foreign adversaries are attempting to evade FEOC designation and mislead policymakers and customers. The report outlines steps policymakers can take to establish effective guardrails and level the playing field for domestic manufacturers. Through targeted case studies of corporate structures, the report also aims to help energy customers avoid doing business with known FEOCs and risking the loss of production tax credits. The report registers a vital “buyer beware” message for the entire energy development value chain.


RSVP LINK to join Horizon’s press briefing on FEOC risks and the report detailing Horizon’s framework for monitoring and assessing those risks.

Who:

  • Nate Picarsic, Co-Founder, Horizon Advisory
  • Mike Carr, Executive Director, Solar Energy Manufacturers for America Coalition
  • Moderator: James Quinn, former national security correspondent at National Review

When: February 2, 2026, at 8:00 AM PT/11:00 AM ET

Background: The passage of the One Big Beautiful Bill Act (OB3) included language restricting clean energy buyers from claiming production tax credits if the technology was purchased from a Foreign Entity of Concern (FEOC) or, a defined in the law, a Prohibited Foreign Entity (PFE). As the industry awaits guidance from the Treasury Department outlining what is and is not a PFE, countless companies with clear ties to foreign adversaries have been attempting to deceive energy buyers through marketing efforts, certification letters, and more.

About Horizon Advisory

Horizon Advisory is a leading supply chain and risk management data supplier. Horizon supports investors and corporate procurement teams with due diligence and data. Horizon’s leaders regularly contribute to related policy debates and have testified before the US Senate and the US House of Representatives on issues related to supply chain security, technology competition, and capital market transparency. Please visit www.horizonadvisory.org for more information.

Contacts

Nate Picarsic, [email protected]

Author

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