Solar developer announces job cuts after sped-up ITC phaseout
Renewable-energy development company formed from a unit of the former Borrego Solar outlines a strong financial foundation but also job curtailments needed to preserve financial strength.
Solar installer websites respond quickly to attract business before the end-of-year deadline
In a review of 75 different installer websites across 10 different states, pv magazine USA found some quick responses to the repeal of the tax credit, meant to generate a sense of urgency to sign solar contracts.
What utility-scale solar project developers should know about One Big Beautiful Bill
Developers will need to navigate expiring tax credits, stricter “safe harbor” rules and foreign content restrictions.
Navigating FEOC restrictions on energy projects
Foreign entity of concern (FEOC) rules deny tax credits for projects that exceed using certain thresholds of Chinese products.
Trump executive order adds harsher cuts to solar and wind tax credits
The order tightens the deadline for project tax credit eligibility and orders the Treasury to apply enhanced Foreign Entity of Concern restrictions to imports.
Senator to propose amendment that extends residential solar tax credit
Sen. Hickenlooper is expected to ask for a one-year extension, sunsetting the 25D tax credit after 2026.
U.S. energy storage market sees record growth in Q1 2025
The Wood Mackenzie/American Clean Power U.S. Energy Storage Monitor forecasts 15.2 GW/48.7 GWh of capacity will be added in 2025 across all sectors.
Senate Republican proposed bill spares batteries from harshest cuts
Energy elements of the Senate Finance Committee’s draft budget reconciliation bill would leave the tax credits of battery component factories largely untouched, but could target some foreign manufacturers as well as restricting incentives for small-scale batteries.
U.S. residential solar on the brink of collapse
Residential solar is on a downturn, and things may get worse. In a shock for the industry, the latest draft of the “One Big Beautiful Bill Act” excludes residential solar lease providers from the Investment Tax Credit.
Senate committee bill takes the hatchet to clean energy tax credits
The One Big Beautiful Bill cuts the investment tax credit by 2028, the 25D residential solar tax credit by the end of the year, among other sweeping changes.
