Weekly Update News

Weekly solar update covering U.S. policy shifts, clean energy investment cuts, China’s 1 TW milestone, and EU clean-tech aid.

Weekly Solar Industry Insights: June 23rd – June 29th, 2025

Senate Bill Threatens Clean Energy Progress

The U.S. Senate has advanced a controversial reconciliation bill that slashes key clean-energy incentives, including the 48E Investment Tax Credit, and imposes new taxes on solar and wind projects using Chinese components. Critics warn the move could eliminate nearly 500 GW of future clean power, raise electricity costs, and stall renewable investments, posing a serious threat to America’s energy transition.

US Solar Tax Credits Save $51 Billion Annually

According to SEIA, federal solar tax credits worth $25 billion annually help cut U.S. electricity bills by a massive $51 billion each year. The report highlights that for every $1 invested in solar incentives, ratepayers save $2.67, while also boosting tax revenue, jobs, and GDP growth across the country.

$1.4 Billion in U.S. Clean Energy Projects Cancelled Amid Policy Uncertainty

In May 2025, policy uncertainty surrounding potential rollbacks of clean energy incentives led to the cancellation or delay of $1.4 billion in U.S. manufacturing investments. The stalled projects span solar, EV, and battery sectors. Since January, total canceled investments have reached $15.5 billion, raising concerns about the future of clean energy manufacturing growth.

U.S. Solar Manufacturers Call for Policy Stability Amid Rapid Growth

With over 90 facilities and $12 billion in GDP impact, U.S. solar manufacturing is booming. Industry leaders like Qcells and Talon PV urge Congress to maintain tax incentives like the 48E Investment Tax Credit to support this momentum. Proposed rollbacks could jeopardize domestic investments and shift reliance back to imports, undermining efforts to build a resilient, U.S.-based solar supply chain.

ANSI Approves SEIA’s New Standards for Solar Industry

ANSI has approved two key standards from SEIA: ANSI/SEIA 401 for consumer protection and ANSI/SEIA 301 for solar O&M training. These aim to ensure ethical sales, contract transparency, and skilled maintenance practices. SEIA will also launch an online portal and certification programs to support industry-wide adoption by November 2025.

EU Approves €100 Billion State Aid for Clean-Tech Manufacturing

Europe commits massive financial support—up to €200 million per project—for local clean-tech manufacturing under its new CISAF framework. It aligns the EU with the U.S. and China in the global clean energy race.

Polysilicon Prices Drop Another 6.3% in China

A significant price decline continues in the Chinese polysilicon market, reflecting oversupply and weak demand. This could impact global module pricing, manufacturer margins, and downstream project planning.

Boosting TOPCon Reliability with Enhanced Silver Pastes

Breakthroughs in silver paste formulation for TOPCon cells enhance corrosion resistance and long-term performance, supporting broader adoption of high-efficiency modules in utility-scale projects.

China Surpasses 1 TW Solar Milestone

China has become the first country to reach 1 terawatt (1,000 GW) of installed solar capacity. This record growth, driven by 92.9 GW added in May alone, underscores China’s dominance and urgency for global players to accelerate deployment.

 

Information Source: PV Magazine, Reuters