Trump Cancels $3 Billion Solar Subsidy ...Middle East

The Trump administration has canceled a loan guarantee of $2.92 billion granted by the previous administration to solar major Sunnova. Per a Bloomberg report, the cancelation followed Sunnova’s telling the federal government it had changed its mind about the loan and no longer wanted to use it. The company had only made use of some $371 million from the facility, the report noted. The Biden admin had celebrated the loan guarantee as the largest subsidy package ever granted for solar power. For Sunnova, however, the package was the worst option…

Hence then, the article about trump cancels 3 billion solar subsidy was published today ( Thursday 29/05/2025 - 10:08 AM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Trump Cancels $3 Billion Solar Subsidy )

Also on site :

• TNL Mediagene Releases H2 and 2025 Corporate Update Presentation to Shareholders, Highlighting Growth of Technology and Digital Studio Business Units, AI Initiatives, Strategic Partnerships and Content Commerce Initiatives
• Tellihealth Enters 2026 as a Leading Force in Remote Care After a Year of Record Patient Impact and Clinical Innovation
• Nigeria’s Key Gas Pipeline Restores Service After Explosion