Investors Must Act Quickly on Solar Development

AllPrivate Credit
Written By Thomas Carroll

ARTICLE SUMMARY

  • The new OBBB Act phases out federal solar Investment Tax Credits (ITCs), but projects that begin construction by July 4, 2026 (or are in service by end-2027) can still qualify for up to 30–60% credits.

  • Community solar (mid-scale, distributed projects) offers a compelling window: faster development cycles and higher margins by selling power at retail rather than wholesale.

  • Smaller developers and overlooked distributed projects are especially vulnerable as big investors pull back — those with ready capital can step in to “rescue” and capitalize on value.

  • After ITC sunset, integrating energy storage and state-level incentives (e.g., renewable portfolio standards with solar carve-outs) will be key for maximizing returns.

* Ballast Rock Asset Management (“BRAM”), Ballast Rock Private Wealth (“BRPW”), and Ballast Rock Capital (“BRC”) are operating entities of Ballast Rock Holdings (“BRH"), an integrated investment management company. Ballast Rock Asset Management is a non-registered entity. Ballast Rock Real Estate is a wholly owned subsidiary of BRAM. BRPW is a registered investment advisor. BRC is a registered Broker dealer and a MEMBER of FINRA / SIPC. BRC’s registered head office is 460 King Street, Suite 200, Charleston, SC, 29403. Tel: 800-204-2513. To check background information about BRC and its representatives, visit FINRA’s BrokerCheck. Please see important disclosure information in our Form CRS  

Thomas Carroll
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