$7 billion ‘Solar for All’ at risk: The US government under Trump 2.0 is reportedly mulling canceling $7 billion ‘Solar for All’ grant program, according to various media reports. Initially reported by The New York Times, the report cites unidentified sources to claim that the Environmental Protection Agency (EPA) may cancel the fund that was awarded to 60 winners by the former administration under Joe Biden to support low-income households and disadvantaged communities (see Joe Biden Announces $7 Billion In Grants For Residential Solar). The agency is reportedly drafting termination letters to the 60 beneficiaries, a move that’s aligned with the current administration’s policies for renewable energy technologies, following the passage of the One Big Beautiful Bill Act (OBBBA) (see Trump Signs Executive Order To End Green Energy Subsidies).
Solar PPA for 210 MW: Pine Gate Renewables and Meta have expanded their renewable power purchase agreement (PPA) partnership with a 4th project. The 210 MW AC Magnolia Solar Power Plant near Seguin in Texas is scheduled to come online in 2026. This PPA expands the duo’s PPA partnership to over 500 MW of clean and renewable energy.
JERA Nex sells stake in US solar portfolio: Energy transition investment manager Schroders Greencoat has acquired a 50% stake in the US solar portfolio of JERA Nex, the onshore renewable energy development arm of Japanese power generator JERA. Its US solar portfolio comprises 135 MW DC/95 MW Happy Solar Farm, and 346 MW DC/300 MW AC Oxbow Solar Farm. Both projects are currently operational and contracted under long-term power purchase agreements (PPA). For Oxbow, the offtakers include eBay, and for Happy, Conway Corp. JERA Nex acquired the 2 projects from Lightsource bp in 2024.
Sunnova’s asset sale approved: Sunnova has received approval from the US Bankruptcy Court for the Southern District of Texas to sell most of its assets and operations to debtor-in-possession (DIP) lenders led by GoodFinch Management. The sale includes its residential solar servicing and storage portfolio and is expected to close this month, ensuring continued customer service. SunStrong will manage system servicing, with no impact on its deal with ATLAS SP Partners, stated the company, whose subsidiary Sunnova TEP Developer filed for bankruptcy protection in June 2025 (see Sunnova Subsidiary Files For Chapter 11 Bankruptcy Protection). “This transaction represents a significant step forward that secures the future of Sunnova’s operations under new ownership,” said Sunnova CEO Paul Mathews. “We are excited about the future and remain focused on delivering reliable service to our customers and partners.”
Statkraft sells Canadian renewables business: Statkraft has sold its Canadian renewable energy arm Enerfin Canada to Atlantica Sustainable Infrastructure Ltd. The sale included 2 operational wind farms with 236 MW combined capacity and 800 MW of 6 wind and solar projects currently under development. The deal is to close before the end of 2025. This sale is aligned with the Norwegian company’s strategy to prioritize investments in solar, wind and battery technologies in its core, more profitable markets (see Statkraft To Prioritize Profitable Technologies, In Fewer Markets).
$247 million for Bluewave: US-based solar and storage projects developer Bluewave has raised $247 million in credit facilities to support its growing operations. This comprises a $125 million revolving construction-to-term loan facility led by KeyBank and National Bank of Canada, and a $122 million corporate revolving credit facility also financed by KeyBank along with Canadian Imperial Bank of Commerce, the New York branch. The company says this will support the development and construction of its distributed generation solar and storage projects.
UFLPA enforcement fears mount: Hanwha Q Cells’ Jincheon, South Korea-made solar cell shipments to its factories in Georgia, US have been detained by the US Customs and Border Protection (CBP) under the Uyghur Forced Labor Prevention Act (UFLPA), according to a news report by Korean newspaper Dong-A Ilbo. These have been detained since mid-June 2025, even as the company claims it has not violated any regulations. According to the report, the customs department expects these cells to have been made using polysilicon made in Xinjiang, China. The newspaper further adds that if the situation continues, Hanwha Solutions may have trouble accessing the Advanced Manufacturing Production Credit (AMPC) from the US government for producing solar in the US. Christian Roselund of Clean Energy Associates, who shared this link in a LinkedIn post, said that the CEA has warned its clients that the UFLPA enforcement may be kicked back into force.
TaiyangNews is co-organizing the 2025 Solar Made in USA summit in collaboration with RE+ and EUPD Research. To be held on September 8, 2025, in Las Vegas, US, during the RE+ 2025 event, it will feature leading names from the world of solar to discuss the future of US solar and storage manufacturing, and strategies for the players going forward under the regulatory hurdles created by the OBBBA. Registrations are open and can be done here.
