Obvious Losers, Unexpected Winners As Tax Bill Passes Senate
4 Articles
4 Articles
Obvious Losers, Unexpected Winners As Tax Bill Passes Senate
Clean energy stocks delivered mixed performances on Wednesday as investors continued digesting the Senate’s surprise revisions to President Trump’s “big, beautiful bill.” Utility-scale solar firms remained under pressure, while residential solar, hydrogen, and U.S.-based battery storage companies extended gains amid signs the legislation favors domestic supply chains and penalizes projects linked to China. NextEra Energy (NYSE:NEE) slipped anoth…
The leader of the solar industry warns that the passage of this bill will weaken U.S. industries that drive the economy and strengthen national security.The Senate approved the Republicans' budget bill by a vote of 51-50, with most of the deep cuts to solar energy regulation aid intact.During the weekend, the bill came out of the updated draft of the Finance Committee in a vote of 51-49, sending it to a heated debate in the Senate plenary.
SPW talks with tax expert: Utility-scale solar is not hit as bad as you think
After a vote-a-rama session that broke the record for most votes on amendments and procedural motions, Trump’s budget bill passed out of the Senate and is back in the House. Some of the most extreme anti-solar measures, like a 50% excise tax, were removed. Still, big solar tax credit changes are on the horizon no… The post SPW talks with tax expert: Utility-scale solar is not hit as bad as you think Senate budget bill still provides runway for u…
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