Image missing.
Analysts Say Trump Trade Wars Would Harm the Entire US Energy Sector, From Oil to Solar

Dan Gearino

created: May 31, 2025, 11 a.m. | updated: June 16, 2025, 9:49 a.m.

So, if you’re on the manufacturing side of the renewables business, you’re making investment decisions that have very long lives when you’re building a manufacturing facility. We estimate that the cost of building a utility-scale solar project is about $1.15 a watt in the US. It’s not surprising that the cost of building a solar facility in China is a lot less than the cost of building a solar facility in the US. It’s about 70 cents a watt to build a solar facility in Europe compared to the US. So the US is almost 50 percent more expensive to build a solar facility than the cost of building it in Europe.

4 weeks ago: Science Latest