solar
Jun 16, 2025
U.S. Senate Proposes Phasing Out Solar & Wind Tax Credits by 2028
The U.S. Senate is advancing a draft budget bill to phase out solar and wind production tax credits by 2028—gradually reducing them to 0%—while preserving incentives for hydropower, nuclear, and geothermal through 2033–2036.
In a significant policy shift, the U.S. Senate tax committee has drafted legislation to cut solar and wind energy tax credits to 60% by 2026, fully phasing them out by 2028. Meanwhile, credits for hydropower, nuclear, and geothermal would remain at full value until 2033 and phase out by 2036 . The proposal also eliminates residential energy credits and wind turbine transferability, triggering concern among clean energy advocates. The move has already rattled renewable markets—solar stocks dipped—and could slow deployment growth, while reshaping the clean energy investment landscape. Read more.
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solar
Aug 8, 2025
U.S. Solar Capacity Keeps Growing Despite Trump’s Rollback of Federal Support
Despite President Trump’s rollback of federal solar subsidies and tax incentives, U.S. utility‑scale solar capacity rose approximately 10% year‑over‑year by mid‑2025—though growth slowed from 33% in 2024—highlighting regional disparities with strong gains in Arizona and slower growth in California and Florida.
solar
Aug 5, 2025
Republican Senators Place Hold on Treasury Nominees Over Wind and Solar Credit Rollout
Several GOP senators have blocked key Treasury Department nominees in protest, citing concerns that overly strict implementation of wind and solar tax credit phase-outs could stall renewable projects nationwide.