The U.S. solar industry might install 27% less capacity between 2026 and 2030 than projected before President Donald Trump’s tax law rolled back subsidies for renewable projects, according to a report released Monday.
Solar power is getting more expensive. Utility-scale solar costs rose 4%, residential costs increased 2%, and commercial system costs climbed 10% in the second quarter.
Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA), which co-authored the report with research firm Wood Mackenzie, is upset the subsidies are down and costs are up.
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