(Reuters) -The U.S. solar industry is at risk of installing 27% less capacity between 2026 and 2030 than before the passage of President Donald Trump’s tax law that rolled back subsidies for such projects, a key trade group said in a report on Monday.

WHY IT’S IMPORTANT

The forecast by the Solar Energy Industries Association, the industry’s top U.S. group, and energy research firm Wood Mackenzie, follows moves by Trump’s administration to stymie development of clean energy industries that was the cornerstone of former President Joe Biden’s climate change agenda.

KEY QUOTE

“Instead of unleashing this American economic engine, the Trump administration is deliberately stifling investment, which is raising energy costs for families and businesses, and jeopardising the reliability of our el

See Full Page