On August 15, 2025, the Internal Revenue Service (IRS) issued Notice 2025-42, providing long-awaited guidance on the “beginning of construction” requirements for wind and solar facilities under Sections 45Y and 48E of the...more
8/19/2025
/ Clean Energy ,
Internal Revenue Code (IRC) ,
Investment Tax Credits ,
IRS ,
New Guidance ,
One Big Beautiful Bill Act ,
Popular ,
Production Tax Credit ,
Renewable Energy ,
Safe Harbors ,
Solar Energy ,
Tax Credits ,
U.S. Treasury ,
Wind Power
On July 7, 2025, President Trump signed the executive order “Ending Market Distorting Subsidies for Unreliable, Foreign-Controlled Energy Sources.” The EO directs the Secretary of the Treasury to “strictly enforce” the...more
7/9/2025
/ Energy Policy ,
Energy Projects ,
Energy Sector ,
Enforcement Actions ,
Executive Orders ,
Foreign Entities ,
IRS ,
New Regulations ,
Production Tax Credit ,
Regulatory Reform ,
Renewable Energy ,
Solar Energy ,
Tax Credits ,
Trump Administration ,
U.S. Treasury
On July 1, 2025, the U.S. Senate passed its version of The One Big Beautiful Bill (OBBB) Act, the massive budget bill that contains significant provisions affecting tax credits for renewable energy project development. After...more
7/3/2025
/ Clean Energy ,
Energy Policy ,
Energy Projects ,
Energy Tax Incentives ,
Inflation Reduction Act (IRA) ,
Investment Tax Credits ,
New Legislation ,
Popular ,
Production Tax Credit ,
Renewable Energy ,
Senate Finance Committee ,
Tax Credits ,
Tax Reform
Under the Senate Finance Committee’s June 28th version of the One, Big, Beautiful Bill (the “Bill”), there are several limitations and requirements that would take effect based on the date a project begins construction. For...more
7/1/2025
/ Clean Energy ,
Clean Fuels Program (CFP) ,
Construction Industry ,
Energy Policy ,
Energy Projects ,
Investment Tax Credits ,
Production Tax Credit ,
Renewable Energy ,
Senate Finance Committee ,
Solar Energy ,
Tax Credits ,
Wind Power
On June 16, 2025, the Senate Finance Committee released its version of the “One, Big Beautiful Bill” (OBBB) that would create a steep phase-out of renewable energy tax credits—notably, renewable energy companies would have to...more
6/19/2025
/ Clean Energy ,
Energy Policy ,
Energy Projects ,
Energy Storage ,
Energy Tax Incentives ,
Foreign Entities ,
Investment Tax Credits ,
Legislative Agendas ,
Production Tax Credit ,
Proposed Legislation ,
Renewable Energy ,
Safe Harbors ,
Senate Committees ,
Senate Finance Committee ,
Solar Energy ,
Tax Credits
On June 16, 2025, the Senate Finance Committee released its version of the “One, Big Beautiful Bill” (OBBB) that would create a steep phase-out of renewable energy tax credits—notably, renewable energy companies would have to...more
6/18/2025
/ Clean Energy ,
Electric Vehicles ,
Energy Policy ,
Energy Projects ,
Investment Tax Credits ,
New Legislation ,
Production Tax Credit ,
Proposed Legislation ,
Renewable Energy ,
Safe Harbors ,
Senate Finance Committee ,
Tax Credits
The Inflation Reduction Act (the “IRA”) provides funding for several tax credit incentives related to significant investments in energy projects. One of these credits is the section 48C investment tax credit (“48C Credit”),...more