U.S. Wind 45Y and 48E Tax Credit Deadlines Under the One Big Beautiful Bill Act
What happened
Wood Mackenzie reported on October 26, 2026 that U.S. wind turbine orders reached 2.8 GW in the second quarter of 2026, as developers moved to commence construction before a July 4, 2026 deadline tied to the 45Y production tax credit and 48E investment tax credit under the One Big Beautiful Bill Act. Under the deadlines as the report describes them, projects that met the July 4, 2026 commence-construction date have until December 31, 2030, while projects that missed it must be placed in service by December 31, 2027, to qualify. The report does not state credit rates or the terms of the statutory provisions beyond these dates.
Generated by AI from the reports · updated 3 days ago
Report timeline
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- Utility DiveWood Mackenzie reports 2.8 GW of U.S. wind turbine orders in Q2 ahead of 45Y and 48E tax credit deadlines
Wood Mackenzie said in an October 26, 2026 report that U.S. wind turbine orders reached 2.8 GW in the second quarter as developers raced to commence construction before July 4, 2026, deadlines tied to the 45Y production tax credit and 48E investment tax credit under the One Big Beautiful Bill Act. Projects that missed the commence construction deadline must be placed in service by December 31, 2027, to qualify, while projects that met the July 4 deadline have until December 31, 2030.
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