Energy News Digest – July 18, 2025
President Trump Signs Law Rolling Back Clean Energy Tax Credits President Trump signed a major budget reconciliation package on July 4 that rolls back critical clean energy tax credits established by the Inflation Reduction Act. Wind and solar projects must now be in service by 2027 to qualify for credits, while hydropower, nuclear, and geothermal […]
Energy News Digest – July 17, 2025
U.S. Phases Out Key Renewable Energy Incentives Under New Federal Law President Trump signed the “One Big Beautiful Bill Act” (OBBBA) into law, which sunsets major renewable energy incentives by eliminating the Code Section 45Y clean electricity production credit and the Code Section 48E clean electricity investment credit for solar and wind projects not placed […]
Energy News Digest – July 16, 2025
U.S. Scales Back Renewable Energy Tax Provisions with New Legislation President Donald Trump signed the One Big, Beautiful Bill Act into law on July 4, 2025, scaling back several renewable energy tax provisions. The law imposes a placed-in-service deadline of December 31, 2027, for solar and wind projects—unless they begin construction before July 4, 2026—while […]
Energy News Digest – July 15, 2025
President Trump Signs “One Big Beautiful Bill Act,” Phasing Out Key Renewable Energy Tax Credits President Trump signed the “One Big Beautiful Bill Act” into law, introducing significant changes to renewable energy tax incentives by phasing out the Code Section 45Y clean electricity production credit and the Code Section 48E clean electricity investment credit for […]
Energy News Digest – July 14, 2025
U.S. Passes “One Big Beautiful Bill Act,” Phasing Out Key Renewable Energy Tax Credits President Trump signed the “One Big Beautiful Bill Act” into law over the July Fourth holiday, which will phase out the Section 45Y clean electricity production credit and Section 48E clean electricity investment credit for solar and wind projects not begun […]
Energy News Digest – July 13, 2025
US Renewable Energy Sector Faces Uncertainty After “One Big Beautiful Bill Act” President Trump signed the “One Big Beautiful Bill Act” into law, which phases out key federal tax credits for solar and wind projects that are not placed in service by the end of 2027, and requires new projects to begin construction within one […]
Energy News Digest – July 12, 2025
U.S. Phases Out Key Renewable Energy Tax Credits Under “One Big Beautiful Bill Act” President Trump signed the “One Big Beautiful Bill Act” into law, which phases out major federal incentives for renewable energy, including the Section 45Y production credit and Section 48E investment credit for solar and wind projects that are not in service […]
Energy News Digest – July 11, 2025
Major U.S. Clean Energy Tax Credit Changes Signed Into Law President Trump signed the “One, Big, Beautiful Bill Act” on July 4, 2025, enacting substantial changes to federal renewable energy tax credits. The residential solar tax credit (ITC) will end after 2025, with no phase-out period; homeowners must have systems installed and commissioned by December […]
Energy News Digest – July 10, 2025
Solar Becomes EU’s Largest Power Source for First Time in June 2025 For the first time ever, **solar energy was the largest single source of electricity in the EU in June 2025**, accounting for a record 22.1% share of the power mix. This milestone comes as wind and hydro output declined year-on-year, underscoring the shifting […]
Energy News Digest – July 9, 2025
US Energy Firms Accelerate Spending on Power Plants for Data Centers US energy companies are investing record sums in new power plant infrastructure to meet surging electricity demand from data centers, driven by the rapid expansion of artificial intelligence and cloud computing. This trend is reshaping grid planning and prompting utilities to prioritize reliable, large-scale […]