From Yahoo Finance: 2025-05-23 14:36:00

Solar stocks are plummeting due to last-minute changes in the tax-and-spending bill, posing a threat to the industry. SolarEdge, Sunrun, Complete Solaria, and Enphase Energy suffered double-digit losses. The bill proposes early termination of key tax credits and stricter project deadlines, causing investor concerns.

Analysts doubt the bill will pass Senate as is, but fear tighter restrictions. Raymond James analyst Pavel Molchanov warns of disruptions, layoffs, and bankruptcies if the bill becomes law. Industry plans to lobby Senate for revisions. Key senators are expected to advocate for a more measured approach.

US installed 38 gigawatts of solar capacity last year. Solar industry faces uncertainty as tax credits may expire. Despite challenges, solar and wind projects will continue. Volatile year due to interest rates and Trump’s anti-green energy stance. Companies moving manufacturing operations to the US due to tariffs.

US Department of Commerce plans to impose tariffs up to 3,521% on panel imports from Southeast Asian countries, benefiting the solar sector. Solar industry remains hopeful despite challenges.

Read more: Solar stocks hit with steep losses as Trump tax bill threatens clean energy industry