economy
Exclusive: Clean energy deals on track for "biggest year ever"
They're driven by the AI boom and a rush to secure expiring tax credits.
TL;DR
- Corporations are contracting for clean energy at an unprecedented rate, with Q1 2026 exceeding the total for all of 2021.
- The AI boom and a rush to secure expiring wind and solar tax credits are the primary drivers of this surge.
- Projects must begin construction by July 4 or be operational by the end of 2027 to qualify for tax credits.
- The "Clean" Energy Buyers Association has rebranded to "Corporate" Energy Buyers Association, reflecting changing political times.
- Continued growth is anticipated, with increasing demand for "clean, firm" power like advanced nuclear, geothermal, and natural gas with carbon capture.