Trump Administration Halts Solar and Wind Project Approvals, Sparking Renewable Energy Sector Volatility

President Donald TRUMP has declared an immediate halt to all federal approvals for solar and wind energy projects, sending shockwaves through the renewable energy sector. "We will not approve wind or farmer destroying Solar," Trump stated on social media, framing the decision as a break from past policies he characterized as foolish.

The MOVE comes as electricity demand outpaces supply across U.S. grids, with PJM Interconnection experiencing a 22% surge in power capacity prices. Trump has directly linked rising energy costs to renewable projects, despite growing demand from data centers and industrial users straining aging infrastructure.

Publicly traded renewable companies like First Solar (FSLR), Sunrun (RUN), and NextEra Energy (NEE) face immediate uncertainty. Their stocks have shown heightened volatility as investors recalibrate expectations in light of tightened federal permitting for solar, wind, and hydroelectric developments.