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New Legislation Solar Energy Energy Tax Incentives

K&L Gates LLP

Navigating the One Big Beautiful Bill Act: Critical Updates to Clean Energy Credits

K&L Gates LLP on

President Donald J. Trump signed H.R. 1, the One Big Beautiful Bill Act (OBBBA), into law on 4 July 2025 in an afternoon signing ceremony at the White House (Pub. L. No. 119-21). Senate Majority Leader John Thune (R-SD)...more

Holland & Knight LLP

Executive Order Requires Treasury Guidance on Wind, Solar and FEOC Rules for Energy Tax Credits

Holland & Knight LLP on

President Donald Trump issued an executive order (EO) on July 7, 2025, regarding "Ending Market Distorting Subsidies for Unreliable, Foreign Controlled Energy Sources." The EO follows the signing into law of the One Big...more

Latham & Watkins LLP

One Big Beautiful Bill: New Law Disrupts Clean Energy Investment

Latham & Watkins LLP on

On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (the OBBB), which significantly rolls back many of the core tax incentives that clean energy projects have relied on since the passage of the...more

Pillsbury Winthrop Shaw Pittman LLP

Congress Sends Big, Beautiful Bill for President’s Signature: Status of Clean Energy Tax Credits

Wind and solar projects placed in service after 2027 would not be eligible for the clean electricity production or investment credit unless construction starts within one year of the date of enactment of the legislation....more

Husch Blackwell LLP

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

Husch Blackwell LLP on

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

Mayer Brown

The US Inflation Reduction Act, Solar and REITs

Mayer Brown on

The Inflation Reduction Act of 2022 (the “IRA”), which was signed into law on Tuesday, August 16, 2022, includes an investment of over $369 billion in energy security and climate change. There has been a lot of discussion...more

Woods Rogers

Virginia Clean Economy Act Update

Woods Rogers on

During its 2020 Session, the General Assembly passed and Governor Northam signed into law HB 1526/SB 851, the Virginia Clean Economy Act (VCEA or Act). The VCEA codified the clean energy directives included in Executive Order...more

Woods Rogers

Virginia’s Solar Facilities are Growing: General Assembly Sets Carbon Neutral Goal

Woods Rogers on

The future of utility-scale solar facilities in Virginia is bright, and has brightened even more lately. The General Assembly recently adopted an ambitious goal of achieving carbon neutrality by 2045. As a result, Virginia’s...more

Allen Matkins

Renewable Energy Update - March 2016

Allen Matkins on

U.S. utility-scale solar market fueled by growth beyond renewable portfolio standards - Greentech Media - Mar 1 More than half of new U.S. utility-scale solar in 2016 will be built outside of obligations to meet...more

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