Solar Stocks Plummet as Senate Tax Credit Cuts Loom

Reported about 20 hours ago

US solar stock prices fell sharply after Senate Republicans proposed a bill to terminate clean energy tax credits earlier than anticipated, undermining prior hopes that recent House cuts would be softened. Companies such as Sunrun and SolarEdge saw significant declines, sparking concerns over the future of the solar industry as the legislation threatens to rapidly eliminate incentives critical for residential solar installations.

Source: YAHOO

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