TYN(SZ:000591) Zhi Tong Cai Jing·2025-08-21 02:19Core Points - The Trump administration has decided not to approve solar or wind energy projects, citing concerns over land use and a preference for traditional fossil fuels [1] - The federal government has tightened the permitting process for renewable energy projects, centralizing authority under Interior Secretary Doug Burgum [1][2] - The price of new electricity capacity in the PJM Interconnection has increased by 22% compared to last year, indicating rising electricity costs [2] - Renewable energy companies are worried that the new federal policies will hinder their ability to obtain necessary permits [1][2] - The termination of support for large solar projects on farmland by the USDA may further increase costs for renewable energy projects [3] Industry Impact - The high tariffs on steel and copper imposed by the Trump administration have significantly raised the costs of solar and wind energy projects [3] - Major tech companies, such as Google and Microsoft, may face rising electricity costs due to the suppression of renewable energy, impacting their carbon reduction goals [3] - California and other states may continue to push for solar and wind projects at the state level, especially if they do not require federal land or permits [4][5] - California's "AB205" law allows for expedited permitting for large-scale renewable energy projects, indicating a state-level push for clean energy despite federal restrictions [5]