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

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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.