President Donald Trump announced on August 21, 2025, that his administration would not approve new solar or wind power projects, triggering a sell-off across the renewable energy sector. The President posted on Truth Social, stating, 'We will not approve wind or farmer destroying Solar,' adding, 'The days of stupidity are over in the USA!!!'
This direct and strong policy statement creates significant regulatory risk and uncertainty for future clean energy development in the United States. The announcement escalated his campaign against renewable energy, raising concerns about the long-term growth prospects for solar and wind companies.
For First Solar, Inc., this executive stance introduces substantial headwinds for new project approvals and could impact demand for its modules, despite its strong domestic manufacturing base. The market reacted negatively, with First Solar shares falling as investors weighed the implications of this policy shift on the industry's future.
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