Also on the rise: Clean hydrogen set for commercial liftoff by 2030. $50 billion solar land boom in Texas. And more.
Wind and EVs have come under the crosshairs for the Trump Administration, while solar has been relatively unscathed – so far.
Five major risks are on the horizon, said Clean Energy Associates.
While the Inflation Reduction Act (IRA) is reshoring solar manufacturing in the United States, raising import tariffs may slow momentum. The actions of the incoming Trump administration are tough to forecast at this point.
The Solar Energy Industries Association (SEIA) proposed ten facets of a strong solar industry under a Trump administration.
Rules for the 48E Energy Credit within the U.S. Inflation Reduction Act have been released.
Solar stocks have shed value following the Trump election, but residential solar provider Sunnova chief executive officer John Berger said believes the market is misunderstanding the strength of the industry under the Trump administration.
With a Republican White House, Senate, and the House of Representatives up for grabs, core solar industrial policy will possibly be repealed.
The Interior Department reversed a Trump administration stance, and said the DRECP is a landscape-level plan that streamlines renewable energy development while conserving desert ecosystems and providing outdoor recreation opportunities.
Also: Don’t build a battery that costs $1 billion, only works 2% of the time and only moves around 100 GWh of electricity. Instead, build an Energy Imbalance Market or an Extended Day Ahead Market for $100 million that moves around hundreds of GWh of electricity
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