The Storm Over American Energy: Market Volatility and the Future of Oil

# **How Clean Energy Tax Credits Impact the Growth of Solar Power in the U.S.**

The solar industry continues to grow at an incredible pace, but investment uncertainty could slow progress. A recent report by the American Council on Renewable Energy (ACORE) highlights how tax credit stability plays a critical role in ensuring continued investment in clean energy, including solar power. As solar companies work to expand their footprint and homeowners consider adding solar panels for their homes, understanding energy policy’s impact is essential.

## **Why Stability in Energy Policy Matters for Solar Growth**

The ACORE report surveyed executives from 39 of the largest clean energy developers and investors in the U.S. The overwhelming majority stated they would continue or increase their investment in renewable energy as long as no major changes were made to energy tax credits. This stability allows for growth in solar projects, driving job creation and economic benefits for local communities.

On the flip side, if energy tax credits were repealed or significantly weakened, 84% of surveyed investors and 73% of developers would reduce their investments. For large investors with over $1 billion in capital, 80% indicated they would significantly or moderately decrease their clean energy investment plans. That translates to potential losses of tens of billions of dollars in

Original Article: https://pv-magazine-usa.com/2025/03/20/instability-uncertainty-put-u-s-energy-dominance-at-risk/

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