SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell 9.88% on Monday to $32.92 as investors sold off amid the looming clean energy tax credit deadline.

Residential customers currently enjoy up to 30% tax credits, which expire on December 31, 2025 under the One Big Beautiful Bill Act signed by President Trump in July.

Analysts expect a sales boost in the second half of 2025 as customers rush installations before the tax credit deadline, followed by a drop in earnings from lower solar sales.

SolarEdge Technologies, Inc. (NASDAQ:SEDG) successfully launched its CSS-OD storage system in Germany, receiving over 150 orders equal to 15 MWh, showing strong demand from PV installers for energy storage services.

Chief Commercial Officer Naama Ohana stated that the CSS-OD launch has produced a new revenue stream tapping into the growing commercial storage segment as European markets shift towards self-consumption.

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Read more at Yahoo Finance: SolarEdge (SEDG) Nosedives 9.9% as Tax Credit Deadline Looms