CBS • 2025-07-01

Senate removes excise tax on renewable energy industry from Trump domestic policy bill

The Senate budget bill would have imposed an excise tax on certain wind and solar projects with foreign materials.

CNBC • 2025-07-01

Clean energy stocks jump after tax on solar and wind projects is removed from Trump's big bill

The tax was ultimately struck from the final version of the bill, a modest win for an industry that is under attack from the Trump administration.

CNBC • 2025-06-30

Solar and wind industry faces up to $7 billion tax hike under Trump's big bill, trade group says

Republicans are racing to pass Trump's domestic spending legislation by a self-imposed Friday deadline.

CBS • 2025-06-30

Senate version of Trump's "big, beautiful bill" would pummel renewable energy industry with new tax

The GOP Senate version of the "big, beautiful bill" would raise the cost of wind and solar projects by 10% to 20%, one energy group estimated.