In a week’s time, mid-sized wind and solar developers — like those behind some community solar projects — will be disproportionately disadvantaged in the industry.
New guidance on tax credits from the Trump administration goes into effect Sept. 2, limiting the conditions under which solar and wind developers can qualify for Biden-era tax credits before they begin phasing out in 2026.
Large wind and solar developers in the United States breathed a sigh of relief after the Treasury Department unveiled the guidance earlier this month, with many expecting much harsher restrictions than what was issued. Small solar projects, like residential installations, were effectively untouched.