Solar stocks plunge as Republican tax bill worse than feared for clean energy

Double Black Diamond Solar near Waverly, south of Springfield, Illinois, is set to be the largest solar farm east of the Mississippi River on July 31, 2024.Solar stocks plunged premarket on Thursday after House Republicans passed a tax bill that terminates key clean energy credits.Residential solar installer Sunrun plummeted more than 35%. The legislation ends tax credits for installers like Sunrun that lease equipment to customers.The GOP bill is a "worse than feared" scenario for clean energy, as it takes ...