Trump admin slaps solar, wind operators with retroactive rent bills

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(Reuters) – The Trump administration has ended a two-year rent holiday for solar and wind projects operating on federal lands, handing them whopping retroactive bills at a time the industry is struggling with the fallout of the coronavirus outbreak, according to company officials.

FILE PHOTO: A wind farm is shown in Movave, California, U.S., November 8, 2019. REUTERS/Mike Blake/File Photo

The move represents a multi-million-dollar hit to an industry that has already seen installation projects canceled or delayed by the global health crisis, which has cut investment and dimmed the demand outlook for power.

It also clashes with broader government

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