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Here’s how solar and wind developers can hold on to tax credits

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Here’s how solar and wind developers can hold on to tax credits

When Congress passed the Inflation Reduction Act (IRA) in August 2022, solar and wind developers celebrated something that had historically been elusive: long-term certainty about federal tax incentives. Companies accustomed to the waxing and waning of political support for the investment tax credit (ITC) and production tax credit (PTC) now had a decade of reliable access to both. One analysis after the law’s passage projected an additional 155 gigawatts of solar and wind capacity by 2030 and more than $270 billion in additional investments.

That certainty was short-lived. The One Big Beautiful Bill Act (OBBBA), signed into law in July 2025, sharply shortened the timeline for wind and solar projects to claim the ITC and PTC and tightened the requirements to qualify. The OBBBA was expected to crush clean-energy growth. It didn’t. But one of its most immediate effects was to create confusion over who could still access the tax credits, for how long, and what requirements wind and solar companies must meet. 

A recent Canary Media Forum, ​ “ Hold onto Your Tax Credits: How to Get Ahead of the 2027 Deadline ,” aimed to cut through that confusion and offer strategies for accessing federal incentives. The event was sponsored by Intersolar & Energy Storage North America ( IESNA ) and brought together a tax attorney, a project developer, a procurement specialist, and a manufacturer, who shared their perspectives on lingering uncertainties about qualifying for credits, steps to take now, and what could change in the future.


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