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139 STAT. 265 PUBLIC LAW 119–21—JULY 4, 2025 ‘‘(v) ANTI-CIRCUMVENTION RULES.—The Secretary shall prescribe such regulations and guidance as may be necessary or appropriate to prevent circumvention of the rules under this subparagraph, including preven- tion of— ‘‘(I) any abuse of the exception provided under clause (iv) through the stockpiling of any manufac- tured product, eligible component, or constituent element, material, or subcomponent of an eligible component during any period prior to the applica- tion of the requirements under this paragraph, or ‘‘(II) any evasion with respect to the require- ments of this subparagraph where the facts and circumstances demonstrate that the beginning of construction of a qualified facility or energy storage technology has not in fact occurred. ‘‘(E) OTHER DEFINITIONS.—For purposes of this para- graph— ‘‘(i) ELIGIBLE COMPONENT.—The term ‘eligible component’ means— ‘‘(I) any property described in section 45X(c)(1), or ‘‘(II) any component which is identified by the Secretary pursuant to regulations or guidance issued under subparagraph (G). ‘‘(ii) ENERGY STORAGE TECHNOLOGY.—The term ‘energy storage technology’ has the same meaning given such term under section 48E(c)(2). ‘‘(iii) MANUFACTURED PRODUCT.—The term ‘manu- factured product’ means— ‘‘(I) a manufactured product which is a compo- nent of a qualified facility, as described in section 45Y(g)(11)(B) and any guidance issued thereunder, or ‘‘(II) any product which is identified by the Secretary pursuant to regulations or guidance issued under subparagraph (G). ‘‘(iv) QUALIFIED FACILITY.—The term ‘qualified facility’ means— ‘‘(I) a qualified facility, as defined in section 45Y(b)(1), ‘‘(II) a qualified facility, as defined in section 48E(b)(3), and ‘‘(III) any qualified interconnection property (as defined in section 48E(b)(4)) which is part of the qualified investment with respect to a qualified facility (as described in section 48E(b)(1)). ‘‘(F) DETERMINATION OF OWNERSHIP; BEGINNING OF CONSTRUCTION.—Rules similar to the rules under subpara- graphs (H) and (J) of paragraph (51) shall apply for pur- poses of this paragraph. ‘‘(G) REGULATIONS AND GUIDANCE.—The Secretary may prescribe such regulations and guidance as may be nec- essary or appropriate to carry out the provisions of this paragraph, including— Applicability. Guidance.