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Politics : Formerly About Advanced Micro Devices

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locogringo
To: Eric who wrote (1543246)6/17/2025 4:48:06 PM
From: miraje1 Recommendation  Read Replies (1) of 1582681
 
How much money did you lose today? Solar and wind free ride subsidies ending. Good riddance and about time..

finance.yahoo.com

Solar stocks clobbered as Senate targets early end to wind and solar credits in Trump tax bill


Solar stocks got hit hard on Tuesday after the Senate proposed to put an end to wind and solar incentives years earlier than scheduled.

Shares of Sunrun ( RUN), the largest US rooftop panel installer, tumbled more than 40%. SolarEdge Technologies ( SEDG) also dropped more than 40%, while Enphase Energy ( ENPH) tanked more than 20%.

Solar stocks got hit hard on Tuesday after the Senate proposed to put an end to wind and solar incentives years earlier than scheduled.

The Senate version of the bill, which is still in draft form, would phase out Biden-era tax credits in 2028, rather than starting in 2032 under current law. Tax breaks for other sources of power, such as hydropower, geothermal, and nuclear, would remain in place until 2036.
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