Aug. 15 at 9:26 PM
$ENPH The Data Center Coalition, which
represents data center owners
including Google, Amazon and
Microsoft, called on U.S. Treasury
Secretary Scott Bessent to uphold
existing rules for wind and solar energy
subsidies, saying they have enabled
the industry to grow quickly and stay
ahead of competition from China. "Any
regulatory friction that slows down
deployment of new generation today
directly impacts our ability to meet AIera electricity demands tomorrow," the
coalition wrote in its letter dated August
4. President Donald Trump issued an
executive order in July directing
Treasury to tighten clean energy tax
credit rules, including redefining what it
means for a project to have started
construction. The industry has relied on
the existing rules for the last decade,
and advisory firm Clean Energy
Associates projected this week that the
United States could lose about 60
gigawatts of planned solar capacity
through 2030 if stricter "beginning of
construction" rules are implemented.