Weekly Solar Industry Insights: June 30th – July 6th, 2025

U.S. Senate Advances Bill Targeting Clean Energy

On June 29, the U.S. Senate approved a reconciliation bill that reduces solar and wind tax credits and introduces new taxes on clean-energy projects using foreign materials. Critics, including SEIA and Elon Musk, warn it could significantly affect jobs and hinder America’s renewable energy progress.

US House Bill Shocks Solar Industry with Sudden Tax Credit Cuts

On July 4, 2025, the US House passed the “One Big Beautiful Bill,” which abruptly ends residential solar tax credits this year and accelerates the phase-out for utility-scale projects to 2028. The surprise move has left the solar industry reeling, with major companies facing sharp stock declines and urging the Senate to reverse the decision to protect clean energy growth.

Michigan's MAGA Solar Act Sparks Debate

Michigan Republicans have proposed the “MAGA Solar Act,” a bill that mixes support for community solar and agrivoltaics with controversial limits—capping solar at 20%, banning imports from certain countries, and requiring local zoning approvals. Critics say it could stall solar growth despite its clean energy incentives.

New Jersey Passes Automated Solar Permitting Bill

New Jersey has unanimously passed a bill to implement automated solar permitting, aiming to streamline residential solar and battery project approvals. The system will provide 24/7 permit processing, reducing delays and unlocking up to 200,000 new home solar installations by 2040. The bill now awaits Governor Murphy’s approval.

UK Scientists Develop Lightweight CdTe Solar Panels for Space

Researchers from Swansea and Loughborough Universities are developing ultra-light cadmium telluride (CdTe) solar panels for space use, aiming for 20% AM0 efficiency and 1.6 kW/kg specific power. Designed for satellites, these flexible panels offer lower weight, high radiation resistance, and cost-effective scalability.

Indian Solar Panel Prices to US Hold Steady at $0.288/W

Solar module prices from India to the U.S. remained stable this week at $0.288 per watt, despite slight increases from other regions. With new tariffs expected from July 9, prices may rise in the coming weeks.

Information Source: PV Magazine