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Shares of renewable energy companies are rising after a tax on solar and wind was removed from the Senate version of the One Big Beautiful Bill Act. The Senate narrowly passed the legislation Tuesday and will now be considered by the House of Representatives.
Wind and solar projects that enter service after 2027 and exceed certain thresholds for Chinese components could see higher taxes, boosting the industry's burden by an estimated $4 billion to $7 billion, the American Clean Power Association said. The spillover impact could be the loss of nearly 2 million jobs in the building trades, according to a construction industry group.
Renewable energy shares fell on Monday as US President Donald Trump's new bill cuts incentives and adds taxes for companies. In the bill, the US government will add a tax on solar and wind projects that use Chinese materials.
Nextracker and First Solar both shine in solar boom, but diverging strengths and risks set them apart for investors.
Nextracker (NXT) closed the most recent trading day at $58.51, moving +1.65% from the previous trading session.
CALGARY, AB / ACCESS Newswire / June 26, 2025 / NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD)(OTCQB:NSFDF) is pleased to announce that MCAPM, LP and Michael P. Mork (together "Mork Capital"), have converted all their debentures, totaling US$3,375,000, into 15,605,088 common shares of the Company.
Today's trading action added confidence to Dan Deming's perception on the markets, noting widening market breadth as a healthy sign for price action. On individual stocks, he sees growth opportunities in Nextracker (NXT) amid volatility, Arista Networks (ANET) gaining momentum as the stock remains off highs, and Stryker (SYK) holding strength in healthcare tech.
Welcome to the Green Stock News brief for Wednesday June 25th. Here are today's top headlines: IonQ (NYSE: IONQ) has achieved the first known quantum computer simulation of double-beta decay, a rare nuclear process that could help explain the universe's imbalance between matter and antimatter.
FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a global leader in advanced solar energy solutions, today announced that its NX Horizon™ solar trackers will power one of Europe's largest solar projects, the 550 MW “Oricheio PPC Ptolemaida” solar PV park in Western Macedonia. Owned by Greek PPC Renewables (PPCR), a wholly owned subsidiary of utility PPC Group, the project was constructed by engineering procurement and construction (EPC) company Terna SA by repurposing the land of a f.
Nextracker continues to capitalize on robust global demand, with strong international momentum and differentiated products resonating with clients' needs in challenging environments. NXT is widening its market leadership, benefiting from a 'flight to quality' trend and leveraging its scale, supply chain, and execution to consolidate share and defend margins. The strategic shift toward an integrated solar platform, highlighted by the Bentek acquisition, expands the Company's addressable market and deepens customer relationships for long-term growth.