tax credits

Donald Trump has issued an executive order to tighten restrictions on renewable energy tax credits just days after signing his “One, Big Beautiful Bill” act into law, which significantly cut federal support for renewables.

The US House of Representatives has passed the final version of the reconciliation bill that is now going to US President Donald Trump’s desk for his signature before its passing.

The US Senate has narrowly passed – with a 51-50 vote and with vice-president JD Vance breaking the tie – the reconciliation bill yesterday (1 July) without the solar and wind excise tax.

Heliene has completed the sale of Section 45X Advanced Manufacturing Production Tax Credits in association with Minnesota-based U.S. Bank.

First Solar has sold US$311.8 million in tax credits to “a leading financial institution” under the rules set out in the IRA.

The US Senate Finance Committee draft bill is a “stake in the heart” of US solar manufacturing, according to Democrat senator, Ron Wyden.

The levelised cost of energy (LCOE) for utility-scale solar PV in the US has tightened for a third year in a row, according to Lazard’s latest report.

Policy uncertainty in the US is likely to disrupt investment in clean energy, according to a recent report from Crux.

The US House Ways and Means Committee has proposed to bring forward the end date for residential energy tax credits (Section 25D) to the end of 2025, among other changes that could affect the solar industry.

A broad coalition of US energy companies and groups have called for clean energy tax credit support in the US, amidst Trump's recent executive orders.