The Massachusetts-based New Leaf Energy laid off a fifth of its workforce, or 41 employees - explicitly as a reaction to the bill's earlier phaseout of the federal clean energy investment tax credit.

ROCKVILLE, Md.--(BUSINESS WIRE)--Standard Solar, a leading commercial and community solar developer and asset owner, today announced the acquisition of an 84-megawatt community solar portfolio in Illinois. The combined capacity of these 14 projects will significantly contribute to Illinois' renewable energy generation goals of 100% clean energy by 2050, reducing greenhouse gas emissions and advancing a more sustainable energy landscape. The portfolio consists of three sets of community solar gardens in Illinois: six sites with a capacity of approximately 47 MW, four sites totaling 12 MW, and four sites representing 25 MW. Construction is scheduled to commence in 2024, and most of the projects are projected to be finished by the year's end, with the remaining ones anticipated to be completed in 2025. Standard Solar purchased the milestone portfolio from developer New Leaf Energy. The partnership between the two companies is a testament to their dedication to expanding clean energy access to communities throughout Illinois