Clean energy booms under Donald Trump despite effort to undercut renewables
- Posted on August 19, 2026
- By Financial Times
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- 1 min read
The renewable energy sector experiences unprecedented growth with record-breaking capacity additions projected for the year, reaching 45 gigawatts according to S&P Global Energy forecasts. This expansion occurs despite administrative efforts to reduce clean energy incentives and support fossil fuel alternatives. The surge reflects strong market demand, declining technology costs, and corporate sustainability commitments that continue to drive investment in solar, wind, and battery storage projects across multiple regions.
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