May 27, 2025
U.S. House Passes Bill Threatening Clean Energy Tax Credits and Investment
The House-approved “One Big Beautiful Bill Act” accelerates the phaseout of clean energy tax credits, potentially stalling renewable energy projects and investments across the United States.
U.S. House of Representatives passed the “One Big Beautiful Bill Act,” a budget reconciliation bill that significantly impacts the renewable energy industry. The legislation accelerates the phaseout of clean energy production and investment tax credits, imposing a 60-day window for new projects to begin construction to qualify for incentives. It also restricts leasing arrangements and transferability mechanisms crucial for financing renewable projects. Industry experts warn that these changes could halt or delay numerous clean energy initiatives, leading to job losses and hindering the nation’s progress toward a sustainable energy future. Read more.
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U.S. Utility-Scale Solar Installations Drop 30% in Q1 2025 Amid Policy Uncertainty
In the first quarter of 2025, the U.S. installed 4.4 GW of utility-scale solar power, marking a 30% decrease from the previous year’s record, as policy uncertainties and market challenges impact the renewable energy sector.
May 31, 2025
U.S. Clean Energy Surpasses Fossil Fuels for Third Straight Month
U.S. clean energy sources outpaced fossil fuels in electricity generation for the third consecutive month, driven by record solar output and rising natural gas prices.