
Shares of companies related to solar and wind projects are trading higher Thursday after the U.S. Senate passed the “One Big Beautiful Bill.”
What To Know: According to Reuters, the bill would give wind and solar developers an additional year to start construction and still qualify for federal tax credits, extending the window to take advantage of clean energy incentives. It also updates the Inflation Reduction Act's criteria by requiring projects to begin construction by 2026 instead of being fully operational by then.