US EditionStates scrambling to save renewable energy projects
States are fast-tracking renewable energy projects as tax credits end early, risking cancellations but aiming to meet deadlines set for 2026 and 2027, experts said.
- On July 4, 2025, President Donald Trump signed the One Big Beautiful Bill, which effectively ended nationwide government incentives supporting wind and solar energy projects.
- This legislation reduces tax incentives created under the Inflation Reduction Act signed in 2022, mandating that projects begin construction by July 4, 2026, and be operational by December 31, 2027, to qualify for the credits.
- Texas leads planned wind and solar developments in rural areas, where renewable projects provide significant local tax revenue and landowner payments supporting public services.
- Industry advocates warn that many projects may be canceled due to the phaseout, threatening investments worth tens or hundreds of millions and risking higher electricity bills for residents.
- Officials and clean energy leaders expect state laws and market demand to continue renewable growth, but they face uncertainty and a rushed timeline that could slow new project starts.
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In Texas, Federal Cuts to Renewable Energy Projects Mean Lost Revenue for Rural Communities
Renewable energy experts and developers in Texas are warning that rural communities could bear the brunt of the economic impact from changes to federal tax credits for wind and solar put in place by the recently passed One Big Beautiful Bill (OBBB) Act, President Donald Trump’s signature piece of second-term legislation. Texas, which ranks first in installed renewable energy capacity, is continuing to build out its fleet of wind, solar, and ener…
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Total News Sources15
Leaning Left2Leaning Right0Center13Last UpdatedBias Distribution87% Center
Bias Distribution
- 87% of the sources are Center
87% Center
13%
C 87%
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