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The Economic Times

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Trump clean energy tax credit cutoff drives project rush as prices set to soar

The phaseout of the 20-year-old subsidies, accelerated under President Donald Trump's 2025 tax law, could drive contract prices for wind and solar energy up by 40% to 50%, with early data from Texas showing prices for some deals up 120%, according to an analysis by LevelTen Energy.

26 Jun 2026 9:50 pm