wind
Aug 22, 2025
Trump’s $19 B Clean‑Energy Bloodbath: Renewable Projects Mass‑Cancelled in One Power Grab
Financial Times reveals that since returning to power in 2025, President Trump’s policies have led to the cancellation of nearly $18.6 billion in clean energy projects—over 20 times more than in 2024—sending shockwaves through the US renewable industry.
According to the Financial Times, the return of Trump to office has set off a dramatic rollback of renewable energy in the US, with about $18.6 billion in solar, wind, and battery projects scrapped or indefinitely delayed. The shift stems from dismantling Biden-era tax incentives, imposing new permitting hurdles, and targeting supply chains linked to Chinese companies. As investment plummets nearly 20 percent and several firms declare bankruptcy, experts warn the renewable transition is now in peril just as energy demand surges due to AI, electric vehicles, and data centers. Read more.
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wind
Jul 19, 2025
BP Sells U.S. Onshore Wind Business, Retreating from Green Energy
BP has agreed to offload its U.S. onshore wind assets—covering 10 wind farms powering over 500,000 homes—to LS Power, as it pivots back toward oil and gas amid financial pressures and underperformance in its green-energy arm.
wind
Jul 7, 2025
Trump Issues Executive Order Ending Wind & Solar Tax Subsidies
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.