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Trump Administration Likely To Cut Billions From Biden’s Solar Funding

Trump Administration Likely To Cut Billions From Biden's Solar Funding

Trump Administration to Cut $7 Billion in Solar Subsidies The Trump administration is reportedly set to eliminate $7 billion in solar subsidies established during the Biden era, as reported by the New York Times. The Environmental Protection Agency (EPA) is said to be preparing letters to end funding for 60 nonprofits and state agencies that […]

Trump’s EPA plans to cut $7 billion in solar grants from the Biden administration.

Trump's EPA plans to cut $7 billion in solar grants from the Biden administration.

The Environmental Protection Agency (EPA) under the Trump administration is looking into reducing the significant Green Energy program established during Biden’s tenure. This initiative, which focused on installing solar panels in homes, has come under scrutiny, as reports suggest that the EPA might notify various nonprofits and state organizations about the cancellation of federal grants […]

Interior Department addresses wind and solar initiatives in recent Burgum directive

Interior Department addresses wind and solar initiatives in recent Burgum directive

Home Office Moves to Regulate Wind and Solar Projects The Home Office is stepping in to regulate extensive and often unreliable renewable energy projects, particularly in wind and solar sectors. This comes after directions from Secretary Doug Burgham, aiming to address what President Donald Trump has termed the “bird cemetery.” In a recent order obtained […]

Trump considers further restrictions on solar and wind energy

Trump considers further restrictions on solar and wind energy

The Trump administration is looking to impose additional restrictions on the development of solar and wind energy on federal lands. A memo shared late last week outlined plans to block certain projects that occupy large areas, arguing that utilizing wind and solar for energy is “a highly inefficient use of federal land.” The memo stated […]

First hybrid solar cargo ship in the world sets sail in Germany

First hybrid solar cargo ship in the world sets sail in Germany

First Hybrid Solar Cargo Ship Launched in Germany A significant milestone in sustainable shipping has been reached with the launch of the world’s first hybrid solar cargo ship, known as the Blue Merlin, in Germany. This vessel utilizes advanced solar technology to enhance its onboard systems and promote eco-friendly propulsion, setting a new standard for […]

Interior Department introduces new review process for wind and solar projects

Interior Department introduces new review process for wind and solar projects

New Measures on Wind and Solar Projects Announced by DOI The U.S. Department of the Interior (DOI) announced on Thursday that it will implement “enhanced surveillance” over decisions related to new wind and solar projects. This is aimed at addressing what they called “favors” to these “unreliable” and “subsidy-dependent” energy systems set forth by the […]

Revised Senate bill cuts wind and solar benefits and introduces a new tax

Revised Senate bill cuts wind and solar benefits and introduces a new tax

A revised draft of the Senate Megaville legislation is set to decrease tax incentives for wind and solar energy while introducing new taxes on upcoming wind and solar projects. The initial draft, which Senate Republicans presented earlier this month, proposed cuts to credits for projects that didn’t commence construction by a specific date. However, the […]

S&P 500 Today: Solar Stocks and Airline Shares Decline; Jabil Rises

S&P 500 Today: Solar Stocks and Airline Shares Decline; Jabil Rises

Key takeout The S&P 500 dipped by 0.8% on Tuesday, June 17, 2025, amid rising worries over heightened tensions in the Middle East as President Trump took a more aggressive stance toward Iran. Shares of solar and renewable energy companies fell as Senate budget discussions indicated a phase-out of clean energy tax credits. Jabil’s stock […]