TYN(SZ:000591) 智通财经网·2025-08-06 09:21Core Insights - Despite the cancellation of subsidies and tax breaks for renewable energy developers by President Trump, the growth of solar power capacity in the U.S. has slowed but not completely derailed [1] - The federal solar tax credit is set to reduce in 2026, prompting developers to accelerate solar system deployments to complete projects before the deadline, potentially boosting overall growth rates for solar capacity [4] Growth Trends - As of mid-2025, the U.S. utility-scale solar capacity has seen a year-on-year growth of approximately 10%, significantly lower than the 33% growth in 2024 and the 29% average annual growth since 2015 [1] - Texas, the largest state for solar capacity, has experienced a 14% growth in utility-scale solar capacity in 2025, indicating robust demand despite reduced federal support [5] - In contrast, California, the second-largest solar market, has only seen a 2% growth in 2025, raising concerns about future demand for solar systems nationwide [5] - Florida, the third-largest solar market, reported an 8% increase in capacity, but has not added any new utility-scale solar capacity since January, suggesting a halt in expansion efforts [7] Regional Performance - Arizona has shown strong performance with a 24% increase in utility-scale solar capacity in 2025, providing some balance to the overall market [8] - Other states such as Wisconsin, Pennsylvania, Idaho, Missouri, Michigan, Arkansas, Oklahoma, Ohio, and Indiana have also outpaced the national average in capacity growth, indicating that solar growth is not entirely stagnant [12]