New risks for US solar
The One Big Beautiful Bill Act (OBBBA), a related executive order and other policy developments introduce new risks to the solar and energy storage industries in the United States. Changes to tax law affect everything from residential rooftop systems to utility-scale projects. Jesse Pichel and Lev Seleznov of Roth Capital Partners examine the key provisions in recent US policy announcements and their likely impact on the industry.
The OBBBA makes major changes to US tax incentives for solar, although notable concessions for the industry were secured by Alaska Republican Senator Lisa Murkowski.Under the new law, projects that begin construction through mid-2026 will have four years to complete to retain the full 100% investment tax credit/production tax credit (ITC/PTC) currently available. This avoids …
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