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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.
Shares of Sunrun, SolarEdge Technologies, Enphase Energy, and GE Vernova are gaining.
First Solar (FSLR) and Sunrun (RUN) traded higher while other solar stocks opened more mixed after the Senate version of the "big, beautiful bill." Diane King Hall dives deeper into what's driving the wide price action.
The Senate is voting on a version of President Donald Trump's spending legislation that would slam the solar and wind industries. The legislation is close to a worst case scenario for renewable energy, Morgan Stanley analyst Andrew Percoco told clients.
The Senate's tax-and-spending bill gives a boost to nuclear power stocks, but knocks down shares of solar companies.
The latest version also includes a surprise new tax on projects that use supplies from China, the world's biggest source of renewable energy equipment.
“One Big Beautiful Bill” inches closer to becoming law. It will have an impact on the broader economy, and especially certain specific sectors. Some dividend stocks could be in serious trouble, while others could gain. I share my take as a dividend investor.
Welcome to the Green Stock News brief for Thursday June 26th. Here are today's top headlines: Sunrun (NASDAQ: RUN) dispatched over 340 megawatts of stored energy from its home battery fleet across multiple states and Puerto Rico to support strained power grids during a record-breaking heat wave.
As many parts of the country grapple with a triple-digit heat wave, Sunrun answers urgent requests to dispatch critical energy from home batteries paired with solar As many parts of the country grapple with a triple-digit heat wave, Sunrun answers urgent requests to dispatch critical energy from home batteries paired with solar
The residential solar sector looks to fight for its survival, as the Senate didn't significantly water down Trump's tax bill.