Overview

• U.S. renewable project investment fell by $20.5 billion in the first half of 2025 versus late 2024, the steepest drop of any country, according to BloombergNEF.
• Global renewables investment hit a new high this year while the European Union logged a large gain that signals investors are reallocating funds from the U.S.
• The U.S. dropped out of the world’s top-five wind markets for the first time since 2016 in the first half of 2025, BloombergNEF reports.
• Financing for large, utility-scale projects declined on growing revenue-risk concerns, while spending on small-scale solar rose thanks to cheap modules and easier siting.
• Investor caution deepened after Interior tightened project constraints and ordered Ørsted to halt work off Rhode Island, as Commerce weighs potential tariffs on wind components.