The ‘One, Big, Beautiful Bill’ could leave a third of US solar manufacturing in the dark. (Reuters)
The subsidy trap: This legislation axed Biden-era renewable subsidies and banned China from accessing remaining ones. Now, banks, insurers, and major installers like Sunrun are blacklisting at least six new US solar factories over links to China.
The supply squeeze: The crackdown targets over 25 GW of the country ’s 66-GW module-making capacity. Developers are pivoting to non-Chinese suppliers like First Solar and Qcells, but experts warn these setbacks will drive up power prices and force a choice between slower growth or pricier imports.