Solar
May 20, 2025
U.S. Renewable Energy Sector Faces Policy Uncertainty
A Republican-led proposal in Congress could roll back clean energy tax credits from the Inflation Reduction Act, endangering over 250 renewable energy manufacturing projects and more than half a million jobs.
The U.S. renewable energy sector, bolstered by the 2022 Inflation Reduction Act, has seen explosive growth—over 250 solar, wind, and battery manufacturing projects have been announced, promising to create more than 575,000 jobs and contribute $86 billion annually to the national economy by 2030. However, this momentum is now at risk as Congressional Republicans propose to eliminate key clean energy tax credits in a new spending bill. Industry advocates warn that this rollback could stall or cancel existing projects, cost hundreds of thousands of jobs, and destabilize the United States’ clean energy leadership on the global stage. Read more.
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solar
Jun 16, 2025
U.S. Senate Proposes Phasing Out Solar & Wind Tax Credits by 2028
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.
solar
Jun 9, 2025
Europe’s Transition to Cheap, Clean Power Hits Roadblocks as Grid Infrastructure Lags
Despite record growth in renewables, Europe’s push for affordable clean energy is stalling due to underinvestment in grid upgrades and system stability technologies.