Project developers, manufacturers and analysts in the U.S. say that President Donald Trump’s return to office will slash installations of renewable energy over the coming decade, kill investment and jobs in the clean energy manufacturing sector supporting them. Solar and wind installations could be 17% and 20% lower than previously forecast over the next decade.
The European Union’s expansion of solar energy is on track for its first annual slowdown in more than a decade, industry data showed on Thursday, as some governments reduce subsidies for rooftop solar panels. The trend reflects shifting political priorities in Europe as some member countries have scaled back green measures or support for clean energy from budgets stretched by spending on defence and local industries.
