Oil Daily | No major overnight developments reported in the oil industry; focus remains on solar challenges

【Latest Oil Policies】

The U.S. solar industry could lose 44 GW of new capacity additions by 2030 due to policies from the Trump administration, according to the Solar Energy Industries Association. Despite strong market demand and claims that solar can survive without subsidies, the One Big Beautiful Bill Act's stipulations have raised concerns.

【Industry News】

The U.S. solar industry reported nearly 18 GW of new capacity installed in the first half of the year, comprising 82% of all new capacity additions. The SEIA emphasizes the importance of solar and storage in America's energy future, despite challenges from federal policies and reliance on other energy sources.