Why Investors Were So Fired Up About First Solar Stock on Friday

If a high-level petition to Treasury Secretary Scott Bessent is successful, recent rules benefiting wind and solar companies might be preserved.The solar industry has struggled mightily for years to achieve meaningful growth and post net profits. During the Biden administration, the green energy sector as a whole received something of a break in the 2022 Inflation Reduction Act, with a slew of tax incentives for building out alternative-energy solutions. In its attempt to reverse this, President Donald Trum ...