0840 ET - Jefferies sees some measures in the Senate's version of President Trump's tax and spending bill as a positive for manufacturers in the solar energy sector. The analysts say the easing of restrictions on credit stacking should benefit companies like solar panel maker First Solar. The analysts also say the addition of excise taxes based on how much foreign content exceeds allowed limits is also a positive for First Solar. The company bills itself as only US-headquartered company among the world's largest solar manufacturers that does not manufacture in China. But Jefferies also say the more aggressive sunset of developer credits will likely slow demand end markets in 2028 and beyond. First Solar surges 8% premarket. Sunrun jumps 9%. (denny.jacob@wsj.com; @pennedbyden)

(END) Dow Jones Newswires

June 30, 2025 08:40 ET (12:40 GMT)

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