To qualify for renewable energy tax credits before the One Big Beautiful Bill sunsets them, developers need to begin work or buy equipment now. A proposed solar farm in New Mexico aims to finish construction by 2029 or 2030.

The latest version of the Senate's massive budget bill that the Senate is racing through for a vote as soon as Saturday deals a fatal blow to the use of tax credits in place since 2005 to spur more wind and solar energy and would set a new tax on those projects for the first time,

U.S. President Donald Trump has issued a new executive order targeting renewable energy incentives, directing federal agencies to enforce cuts to tax credits for wind and solar projects. The move is part of the