Summary
Investment in U.S. renewable energy projects has decreased significantly, while global investment in renewable energy has reached a new high. This decline in the U.S. is linked to changed federal support and uncertainties related to government policies and tariffs. Meanwhile, investment in renewable energy projects is growing in Europe.
Key Facts
- Global renewable energy investment reached a record high in early 2025.
- U.S. investment in renewable energy fell by $20.5 billion, or 36%, from late 2024 to early 2025.
- The decrease is attributed to changes in U.S. government support and uncertainty over tariffs, especially affecting wind energy.
- The European Union saw an increase in renewable energy investment.
- The U.S. was not among the top-five wind energy markets for the first time since 2016.
- The first half of 2025 saw $386 billion invested globally, mostly in wind and solar energy.
- There are fresh U.S. government constraints on wind and solar projects and potential new tariffs on wind components.
- Some other countries, like China and Spain, also faced investment declines due to challenges like negative power prices.