With an effective date of September 2, 2025, New Beginning of Construction guidance will be prospective and not apply to projects that satisfied beginning of construction under old IRS guidance before September 2, 2025. ...more
8/28/2025
/ Clean Energy ,
Deadlines ,
Internal Revenue Code (IRC) ,
Investment Tax Credits ,
IRS ,
One Big Beautiful Bill Act ,
Production Tax Credit ,
Regulatory Reform ,
Renewable Energy ,
Safe Harbors ,
Solar Energy ,
Tax Credits ,
Trump Administration ,
U.S. Treasury ,
Wind Power
On May 22, 2025 the House of Representatives, by a vote of 215-214 (no Democrats supporting), passed the One Big, Beautiful Bill Act (“OBBB”) which includes manager’s amendment changes from the version passed by the Ways and...more
Final 45V rules provide important clarifications and additional flexibility which will allow many hydrogen producers to claim 45V credits, both for electrolytic and methane-based hydrogen, but also impose new hurdles in...more