Under Trump, Chinese Firms Have Abandoned Billions in US Clean Energy Projects
Chinese firms have abandoned approximately $2.8 billion in planned clean energy projects in the U.S. over the past year, reflecting a hostile investment climate under the Trump administration. More than half of China's proposed clean-energy tech projects in the U.S. have been paused, delayed, or abandoned. Despite this, China continues to expand its domestic solar manufacturing capacity significantly.
- ▪Chinese firms have scuttled an estimated $2.8 billion in planned U.S. energy projects over the past year.
- ▪More than half of China's proposed clean-energy tech projects in the U.S. since 2022 have been paused, delayed, or abandoned.
- ▪China's domestic clean energy manufacturing capacity is still expanding, with 485 gigawatts currently under construction.
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Remember U.S. infrastructure? Something maybe about how bridges across America have been cracking and sometimes collapsing—or how our energy grid is an antiquated mess? Perhaps something about how the Biden administration passed a $891 billion spending package largely devoted to modernizing all the crumbling hardware undergirding the U.S. economy, making it safer, fortified against extreme weather, and less of a contributor of greenhouse…
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