President Trump signed an executive order mandating federal agencies to enforce the termination of wind and solar tax credits after 2026 and adjust Interior policies perceived as favoring renewables.

The Senate GOP tax-and-spending bill that rolls back key solar and wind incentives, introduces new taxes on renewables, and imposes restrictions on Chinese equipment has triggered fierce criticism from labor groups, industry leaders, and even Elon Musk, amid fears of skyrocketing electricity costs and stalled green investment.

Poland’s parliament has passed legislation easing onshore wind farm regulations—shortening required distances to residences and offering incentives to nearby municipalities—to boost renewable output and reduce electricity costs.

The UK government unveiled a decade-long industrial strategy on June 23 designed to at least double annual investment in clean energy sectors—targeting over £30 billion per year by 2035—as part of a broader push for advanced manufacturing and energy transition.

India’s electricity regulator has introduced draft rules to allow Virtual Power Purchase Agreements (VPPAs), enabling large corporate buyers to financially support clean energy projects without physically consuming the electricity.

The U.S. Senate is advancing a draft budget bill to phase out solar and wind production tax credits by 2028—gradually reducing them to 0%—while preserving incentives for hydropower, nuclear, and geothermal through 2033–2036.

Despite record growth in renewables, Europe’s push for affordable clean energy is stalling due to underinvestment in grid upgrades and system stability technologies.

Global clean energy investment is projected to reach $2.2 trillion in 2025, doubling fossil fuel spending and marking a pivotal shift in the global energy landscape.