U.S. clean energy installed capacity reached a record high despite the Trump administration's efforts to weaken renewable energy development. According to Sina Finance, S&P Global Energy data showed that new U.S. clean energy capacity this year is set to hit a record 45 gigawatts, about 25% above the previous peak set in 2024.

Analysts said the surge has been driven by soaring power demand, higher global energy prices after the Trump administration's military action against Iran, and developers racing to complete projects before tax credits expire. S&P Global expects new U.S. solar and wind capacity to rise by nearly one-third and about 50%, respectively, this year, with solar capacity set to reach another record in 2027.

The White House said U.S. President Donald Trump has delivered record oil and gas output and ended subsidies for what it called expensive and unreliable energy. The administration has also removed a large solar project in Nevada, cut tax credits for solar and wind through legislation, and intervened in approvals for more than 150 onshore wind projects.