This April, President Donald Trump announced a series of tariffs that have significant implications for the U.S. clean energy sector. These measures include a universal 10% import tariff on all goods, with higher rates for specific countries, notably a cumulative 54% tariff on Chinese imports. Impact on Clean Energy
Key Impact Points: Limited Tariff Impact The global tariffs announced by US President Donald Trump last week will have minimal effects on Asian solar imports, according to a recent report from BMI, a Fitch Solutions consultancy unit. BMI expects only a slight decrease in solar imports, primarily due to pre-existing
Key Impact Points: Climate Volatility Hits Renewable Energy Renewable energy’s rapid expansion faces growing threats from climate variability. Despite record growth in renewable capacity, extreme weather driven by climate change is increasingly disrupting energy generation. Hamid Bastani from the World Meteorological Organization (WMO) highlighted significant impacts: “In Sudan and Namibia,
Key Impact Points: Rising Demand from Big Tech Chevron has entered permitting and engineering phases for multiple U.S. sites to construct data centers alongside dedicated power generation facilities. Daniel Droog, vice president of power solutions at Chevron, emphasized strong market interest: “The customer interest is high. It’s really trying to
