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U.S. Solar Boom Faces Threat from Tariffs and Legislation

6/9/2025

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Summary

Story summary

The U.S. solar industry surged with an impressive addition of 10.8 GWdc in Q1 2024, yet looming federal policy shifts threaten to dampen this momentum. With potential tariffs driving costs up by over 50%, the U.S. risks becoming the priciest solar market worldwide. Meanwhile, Illinois grapples with legislation that jeopardizes vital clean energy incentives.

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Story summary

The U.S. solar industry surged with an impressive addition of 10.8 GWdc in Q1 2024, yet looming federal policy shifts threaten to dampen this momentum. With potential tariffs driving costs up by over 50%, the U.S. risks becoming the priciest solar market worldwide. Meanwhile, Illinois grapples with legislation that jeopardizes vital clean energy incentives.