Trump Or No Trump, The US Solar Industry Is Hanging In There

The article discusses the resilience of the US solar industry amid political chaos and economic challenges, particularly under the Trump administration. Despite distractions caused by President Trump’s controversial behavior and attempts to divert public attention, the solar sector continues to attract significant investment. According to Mercom Capital’s 2025 report, corporate funding for solar projects decreased by 16% year-over-year, falling from $26.3 billion in 2024 to $22.2 billion in 2025. However, the number of deals actually increased from 157 to 175, indicating sustained investor interest and a shift toward smaller, lower-risk projects amid policy uncertainty, trade tensions, and higher financing costs. Mercom Capital CEO Raj Prabhu highlighted that 2025 was more a year of adjustment than retreat, with mergers and acquisitions (M&A) serving as a bright spot reflecting ongoing demand for solar assets driven by rising energy needs. The industry’s ability to maintain robust deal activity despite a downturn in total capital raised suggests it