MenuThe Trump Administration’s energy policies are shifting the investment priorities in American renewable energy, and not to its benefit. But the jury is still out whether the green transition can be stopped or reversed.
In the first quarter of 2025, approximately $8 billion in clean energy investments and 16 large-scale projects were cancelled – the highest drop on record and the first decline since the Biden Administration enacted the barely effective Inflation Reduction Act which strongly favored the renewables. Among the companies that changed their plans were T1 Energy, formerly known as Freyr Battery, Kore Power, and many other solar, battery, and EV manufacturers. Projections still indicate that the U.S. will continue to increase its added renewable generation capacity in 2025, with Texas leading the way, profiting regardless of subsidies.
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