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NEWS: What new Senate megabill text means for clean energy credits

The Senate’s latest megabill keeps deep cuts to solar and wind credits, phasing them out by 2028 (despite extending support for nuclear, hydro, and geothermal through 2033). (E&E News)

  • The Senate’s version of the bill cements a market shift toward firm, baseload power, leaving intermittent renewables with fewer guarantees.

  • But: Developers may get some breathing room—the bill restores credit transferability and scraps the House’s 60-day construction rule.

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