The “One Big Beautiful Bill Act” represents a sweeping overhaul of U.S. energy policy, aimed at reshaping the federal

President Trump's maligned budget bill is now law, ushering in drastic changes that impact U.S. electricity generation and storage.

Republicans in Congress have advanced a bill cutting clean energy tax credits, and the industry is bracing for the impacts.

The Republican megabill could be setting America up for the worst energy-affordability crisis since the 1970s.

A new executive order further lowers government support for renewable power. Stocks including First Solar and Enphase Energy dropped on Tuesday.

President Trump signed an executive order to end subsidies for wind and solar energy, promoting energy independence and focusing on fossil fuels. Critics argue it may harm climate efforts.

Solar energy now makes up almost 20 percent of the grid’s capacity and 40 percent of new gigawatts in line for interconnection, with power demands surging.

Trump signed an executive order Monday that calls for the Treasury Department to strictly enforce the end of the tax credits for clean energy projects. It directs Interior Secretary Doug Burgum to look for ways in which wind and solar are getting preferential treatment.