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Energy Projects Solar Energy Tax Credits

Baker Donelson

Wind and Solar Projects Face Increased Oversight as Clean Energy Incentives Fade

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The U.S. Department of the Interior (DOI) issued a memorandum on July 15, 2025, announcing the end of what DOI refers to as "preferential treatment" for "unreliable, subsidy-dependent"1 wind and solar energy projects...more

Pullman & Comley, LLC

DEEP Issues Request for Information to Inform Expedited Request for Proposals – IMMEDIATE ACTION NEEDED

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The Connecticut Department of Energy & Environmental Protection (DEEP) released a Request for Information late Friday seeking “expressions of interest from potential project developers who believe that they can (1) meet the...more

Allen Matkins

Renewable Energy Update 7.24.25

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The U.S. Department of the Interior announced on July 17 that decisions related to solar and wind energy projects on federal lands will be reviewed by Interior Secretary Doug Burgum’s office to end what it calls preferential...more

Cadwalader, Wickersham & Taft LLP

Trump’s Executive Order Throws Caution to the Wind (and Solar)

Enacted in August 2022, the Inflation Reduction Act (the “IRA”) expanded energy tax credits by increasing credit amounts, broadening eligibility beyond wind and solar, and allowing credits to be developed and sold, as...more

BCLP

What the “One Big Beautiful Bill Act” Means for the Renewable Energy Industry, and How It Can Adapt

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Over the July 4th holiday, President Trump signed H.R. 1 (a/k/a the “One Big Beautiful Bill”) into law (Public Law No: 119-21, the “Act”). This sweeping piece of legislation significantly rolls back clean energy tax credits...more

Allen Matkins

Renewable Energy Update 7.17.25

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The budget reconciliation bill signed into law on July 4 (also known as the “One Big Beautiful Bill”) adds a new provision to the National Environmental Policy Act (NEPA) that allows project sponsors/applicants to pay for...more

Husch Blackwell LLP

OBBBA Renewable Energy Provisions: Frequently Asked Questions

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On July 4, 2025, the One, Big, Beautiful Bill Act (the Act) was enacted. Several provisions of the Act will impact renewable energy projects and the tax credits generated by such projects. Such provisions include the...more

Allen Matkins

Renewable Energy Update 7.10.25

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President Donald Trump signed an executive order Monday to phase out federal subsidies for green energy like wind and solar farms, citing unsustainability for the grid and too much reliance on foreign adversaries. The order...more

Nossaman LLP

The OBBB Act | Tax Extensions & Adjustments

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On Friday, July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (H.R. 1) Public Law No: 119-21 (The OBBB Act). The OBBB Act extends and makes permanent many provisions from the 2017 Tax Cuts and Jobs...more

Davis Wright Tremaine LLP

Trump Executive Order Introduces Further Uncertainty for Wind and Solar Projects

Days after signing into law the One Big Beautiful Bill Act (OBBBA), which dramatically rolled back the availability of federal tax credits for solar and wind power projects, President Trump issued an Executive Order (EO)...more

Williams Mullen

The One, Big, Beautiful Bill Amends Renewable Energy Tax Credits - Summary of Key Changes

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On July 4, 2025, President Trump signed H.R. 1 -- The One, Big, Beautiful Bill Act (the “Act”) into law. The Act makes significant changes to the clean energy tax credits previously available under the Inflation Reduction Act...more

Mayer Brown

House Enacts the Senate Legislative Text of the One Big Beautiful Bill Act

Mayer Brown on

On July 3, 2025, the House approved the Senate’s legislative text (the “Senate Legislative Version”) for the budget reconciliation bill (H.R. 1, the “One Big Beautiful Bill Act”) without any changes. Thus, the final...more

Husch Blackwell LLP

New Executive Order Targets Wind and Solar Tax Credits

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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

Troutman Pepper Locke

Navigating the One Big Beautiful Bill Act: A Practical Guide

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On July 4, 2025, H.R. 1 — the One Big Beautiful Bill Act (the OBBBA) was enacted into law. We discussed the version of the bill that passed in the House in May (the House bill) in our previous update. On July 1, the Senate...more

Husch Blackwell LLP

Understanding “Beginning of Construction” Provisions Within the One, Big, Beautiful Bill Framework

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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

Husch Blackwell LLP

New Bill Language Released Over the Weekend Contains Entirely New Excise Tax on Wind and Solar Projects

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Over the weekend, the Senate released a revised draft of the One Big Beautiful Bill Act, containing important revisions to clean energy tax credits and that, if passed, will impact the entire renewables industry. With this...more

Allen Matkins

Renewable Energy Update 6.20.25

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Senator Mike Crapo released draft text of the Senate Finance Committee’s version of the budget reconciliation bill on June 16. The Senate draft budget includes positives for the large-scale solar market, such as amending...more

Husch Blackwell LLP

Senate Finance Committee Revises Energy Tax Credit Framework in Proposed Legislation

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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

Allen Matkins

Renewable Energy Update 6.12.25

Allen Matkins on

New U.S. solar capacity will be more than 10% lower in 2030 than in 2025, according to a forecast by the Solar Energy Industries Association and energy research firm Wood Mackenzie. The outlook includes the expected effects...more

Troutman Pepper Locke

Tax Credit Implications of the One Big Beautiful Bill Act

Troutman Pepper Locke on

On May 22, the U.S. House of Representatives passed an amended version of H.R. 1—the One Big Beautiful Bill Act (the Bill) — by a vote of 215-214. The House-passed version of the bill, slated to be considered by the Senate...more

McCarter & English, LLP

Economic and Clean Energy Leadership in New Jersey—FY 2026 Budget Testimony Highlights

Last week, Tim Sullivan, CEO of the New Jersey Economic Development Authority (NJEDA), and Christine Guhl-Sadovy, president of the New Jersey Board of Public Utilities (BPU), presented their fiscal year (FY) 2026 budget...more

Kohrman Jackson & Krantz LLP

Emerging Business Opportunities in Renewable Energy

The generators providing electricity to a 13-state grid stretching from New Jersey to Illinois, including Ohio, will get a record $269.92 per megawatt-day from utilities to provide capacity over a 12-month period, which is...more

Ropes & Gray LLP

What’s Ahead for Solar and Wind in 2025: Insights from Infocast Summit

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What role will solar, wind and storage technologies play in addressing the pending “energy emergency” in the United States, and how is the industry responding to heightened policy uncertainty stemming from the new federal...more

Morgan Lewis

State by State: An Updated Roadmap Through the Current US Energy Storage Policy Landscape

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Energy storage resources have become an increasingly important component of the energy mix as traditional fossil fuel baseload energy resources transition to renewable energy sources. Currently 23 states, plus the District of...more

Allen Matkins

Renewable Energy Update 2.21.25

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Clean energy installations in the U.S. reached a record high last year, with the country adding 47% more capacity than in 2023, according to new research from energy data firm Cleanview. Boosted by tax credits under the...more

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