** RBC Capital Markets sees passage of the updated "big beautiful bill" in the U.S. Senate has mixed implications for solar-linked clean energy stocks
** Brokerage says Senate's final version has a negative impact on solar demand with the more restrictive "placed into service" requirements for investment tax credits (ITC) and production tax credits $(PTC)$
** Adds that language restricting credits for residential solar lease arrangements was removed and has positive implications for Enphase Energy ENPH.O, SunRun RUN.O, and SolarEdge Technologies SEDG.O
** Brokerage believes investor expectations were biased towards the possible removal of the solar leasing restriction but not for changes to the timing of phaseouts from the initial proposal
** "We continue to view utility-scale solar (Array Technologies ARRY.O, Fluence Energy FLNC.O, First Solar FSLR.O, Nextracker NXT.O, and Shoals Technologies SHLS.O) as relatively less impacted given strong energy demand and solar's relative cost competitiveness," - RBC analyst Christopher Dendrinos
(Reporting by Pooja Menon in Bengaluru)
((Pooja.Menon@thomsonreuters.com;))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。