Jul 25, 2025

U.S. Clean‑Energy Boom Fades as Trump Subsidy Cuts Loom Large

The Trump administration’s rollback of key solar and wind tax credits is triggering immediate project delays, widespread cancellations, and rising consumer electricity costs across the U.S.

A Reuters analysis released July 24–25 reveals that policy changes under the Trump administration—especially early termination of solar and wind tax credits—are causing major setbacks across the U.S. clean energy sector. Developers from Bila Solar to Heliene and NorSun have halted or downgraded investment plans amid uncertainty over credit eligibility and stricter qualification rules. Forecasts from Wood Mackenzie and Rhodium estimate renewable output could shrink by 17% for solar and 20% for wind over the next decade, putting up to $263 billion in clean-energy and manufacturing investment at risk. The policy shift may also raise household electricity bills by approximately $280/year by 2035 and industrial energy costs by $11 billion. Read more.

Get the best sent to your inbox, every month

Once monthly, no spam. Coming soon.

Get the best sent to your inbox, every month

Once monthly, no spam. Coming soon.

Get the best sent to your inbox, every month

Once monthly, no spam. Coming soon.