New Treasury Department guidance limiting eligibility for lucrative tax credits follows Trump’s executive order to “strictly enforce” restrictions on the incentives.

The president issued an order last month directing the Treasury Department to rewrite rules for the remaining tax credits available to wind and solar projects.

The U.S. Treasury Department on Friday unveiled stricter rules for how solar and wind projects can qualify for federal tax subsidies that President Donald Trump's new tax and spending law is phasing out over the next two years.