Senate committee's changes to tax bill slam US solar stocks

Reuters
2025/06/17

June 16 (Reuters) - Shares of U.S. solar energy companies tumbled in extended trade on Monday after Republicans who control the U.S. Senate Finance Committee unveiled changes to President Donald Trump's sweeping tax-cut and spending bill that would phase out solar, wind and energy tax credits by 2028.

Shares of Enphase Energy ENPH.O, which makes solar inverters, dropped 15% in after hours trade. Solar panel sellers Sunrun RUN.O and SolarEdge Technologies SEDG.O both tumbled more than 20%. First Solar FSLR.O lost 9%.

The modified text of Trump's "One Big Beautiful Bill Act" also extends tax credits for hydro, nuclear and geothermal power to 2036.

Those and other changes will be debated by Senate Republicans as they try to move forward on an aggressive timeline to pass the legislation ahead of the July 4 U.S. holiday.

The potential blow for solar companies comes amid already weak U.S. residential demand for solar, due in part to high interest rates and metering reforms in top market California, which have reduced the credits customers receive for feeding excess electricity back into the grid.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10