Investments fell by $20.5 billion, or 36%, in the first half of the year.
US investments in renewable energy projects plunged this year as developers responded to White House policy shifts targeting the sector.
Investments fell by $20.5 billion, or 36%, in the first half of the year from the prior six months, according to a Tuesday report from BloombergNEF. Wind and solar commitments fell 18% within the period compared to the first half of 2024. In addition to policy changes, uncertainty around US President Donald Trump’s tariffs contributed to the the drop, according to the report.
Solar and wind have become the largest source of new power generation in the US, however the growth leaned heavily on…
