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Solar stocks fall as Trump bill taxes components from China, phases out credits
EnphaseEnphase(US:ENPH) CNBC·2025-06-30 13:59

Clean energy stocks fell on Monday as President Donald Trump's spending legislation now includes a tax on wind and solar projects using Chinese components and phases out credits faster than previous versions of the bill.Shares of NextEra Energy, the largest renewable developer in the U.S., fell 4%. Solar stocks Array Technologies, Enphase and Nextracker were down between 4% and 9%. The Senate is voting Monday on the legislation, which ends the two most important tax credits for solar and wind projects place ...