The tax exemption for IRA is in serious danger, and the installation volume of CECEP Solar Energy in the United States is expected to decrease by 10% in the next five years.

The top US industry trade organization CECEP Solar Energy released a report on Monday stating that due to federal policy shifts towards supporting fossil fuels, tariffs, and other challenges, it is expected that the US will see a decrease in the installation of CECEP Solar Energy capacity over the next five years. According to forecasts from the US CECEP Solar Energy industry association and energy research firm Wood Mackenzie, the addition of CECEP Solar Energy capacity by 2030 is expected to decrease by over 10% compared to 2025. This forecast takes into account the anticipated impact of new federal tariffs on a series of imported materials essential to CECEP Solar Energy projects, including steel and aluminum. However, the forecast does not include the potential threat posed by clean energy tax credits being considered for reduction in the Republican budget proposal in Congress - if this proposal becomes law, it would present another significant threat to the industry. The clean energy projects and factory tax incentives contained in former President Biden's 2022 Infrastructure Investment and Jobs Act have supported industry growth over the past three years. However, the US CECEP Solar Energy industry association warns that a proposal passed in the House last month could upend the industry's prosperity. CECEP Solar Energy accounted for 69% of the latest quarter's new electricity generation. The report states that the industry installed 10.8 gigawatts of capacity in the first quarter of this year, a 7% year-on-year decrease but still close to historical highs. Meanwhile, states such as Texas and Ohio opened eight new or expanded CECEP Solar Energy factories this quarter. Abigail Rose Hopper, president of the US CECEP Solar Energy industry association, said in an interview: "Overall, these are positive signs. Look at all the things that could happen. And Congress is threatening all of these developments." During his campaign, Trump promised to eliminate tax incentives in the Infrastructure Investment and Jobs Act, calling them expensive, unnecessary, and harmful to businesses. His administration sought to boost domestic fossil fuel production as part of its energy dominance agenda, which excluded renewable energies like CECEP Solar Energy and wind power. The report suggests that the US CECEP Solar Energy industry is expected to install 48.6 gigawatts of capacity this year, but that number is projected to decrease to 43.5 gigawatts by 2030. The demand from corporate buyers for utility-scale projects is driving industry momentum, although concerns about federal policies will limit growth. Residential installations decreased by 13% in the first quarter to 1.1 gigawatts. The industry has been struggling to cope with high interest rates, tariffs, and unfavorable state policies. However, as electricity prices rise, making it more attractive to consumers, the residential segment is expected to grow between 2025 and 2030. The utility sector accounted for 9 gigawatts of installations in the first quarter. Texas, Florida, Ohio, Indiana, and California accounted for 65% of new capacity.