Welcome back. Clean energy stocks in focus after some changes, big changes in the Republican reconciliation bill relating to that sector. Pippa Stevens here with the details.What are we watching, Pippa. Hey, Sarah. So, there are two big changes that have major implications for clean energy.The first is to claim the tax credits. Projects need to be placed in service by the end of 2027. A significant change from the prior language that projects had to begin construction by 2027 to claim those lucrative incent ...

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 ...

The Senate might have scored a win with the House Salt Caucus following the release of their tax bill. The Senate says that they would keep the House's $40,000 cap, but they would reduce the window for how long that cap lasts to 5 years. After that, it drops back to 10,000.Joining us right now to break this down is New York Republican Congressman Mike Lawler. He's a member of the Salt Caucus. And Congressman, you've been very outspoken about how you would not support this if they didn't come back with somet ...

Elon Musk did slam the Senate's latest version of that multitrillion dollar tax bill. Quoting on exit polls show that this bill is political suicide for the Republican Party. He is warning that the cuts to EVs and other clean energy credits would be incredibly destructive to the country.Joining us now is Bloomberg's Jamie Nimmo. Jamie, just how big of a surprise was it to get some of these tax credits rolled out more quickly or rolled back more quickly. I mean, we heard there from the disagreement from Musk ...

I'm here at the South Brooklyn Marine Terminal, which Ecuador is redeveloping in order to service its offshore wind project off the coast of Long Island. Called Empire Wind One. It will include 54 turbines, each 951 ft tall, providing 810 megawws.That's enough to power 500,000 homes. It's a big investment for Norway based Ecuador, which is spending about $5 billion, including 1 billion, to redevelop the marine terminal. It is a hub of activity creating more than 1,000 union jobs.But just a few weeks ago, th ...

Core Insights - Enphase Energy has faced significant stock volatility due to proposed changes in tax legislation affecting the solar energy sector [2][3] - Recent reports indicate a potential policy shift that could extend and enhance clean energy tax credits, positively impacting solar companies like Enphase [3][5] - Despite the potential benefits from tax credit extensions, Enphase Energy must navigate broader structural challenges within the solar industry for sustainable growth [4][5] Tax Legislation Impact - Proposed changes by Senate Finance Committee Republicans aimed to eliminate solar, wind, and energy tax credits by 2028, creating challenges for the solar sector [2] - On June 24, Enphase stock surged over 10% following news that Republicans are reconsidering their stance on clean energy tax credits [3] - The proposed modifications could extend the expiration dates of these credits beyond 2028, which is a positive development for solar companies [3] Structural Challenges - Enphase Energy continues to face multiple structural challenges beyond tax policy, including the need for improvements in net metering policies and access to affordable financing [4] - The recovery of the company will likely depend on a combination of favorable conditions, including potential declines in interest rates [4] Market Outlook - If the proposed tax credit changes are finalized, solar stocks, including Enphase, may continue their recent rally [5] - Sustainable growth for Enphase will depend on addressing a broader array of operational and market challenges that have impacted the solar sector [5] - Monitoring policy developments and fundamental business metrics is crucial for evaluating solar energy investments in the current regulatory environment [5]

There's a lot at stake for the energy sector as the Senate looks to finalize its version of President Trump's big beautiful bill. Our Emily Wilkins joins us with more now in Washington. Emily, and whether there's going to be any movement after this this Senate rewrite.Well, Sarah, I mean, senators who I've talked to do want to see some changes to this bill that was put out. And Senate Republicans, you know, they are divided over these tax credits for these clean energy sources, even after they released that ...

Array Technologies (ARRY) M&A Announcement June 18, 2025 08:30 AM ET Speaker0 Greetings. Welcome to Array Technologies Transaction Announcement Call. At this time, all participants are in a listen only mode and there will not be a question and answer session. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Sarah Shepherd, Investor Relations at Array. Please go ahead. Speaker1 Thank you. I would like to welcome everyone to Array Technologies conference call con ...

fix continues to be naive. Melissa. >> All right.Thank you, Pippa Stevens. Let's get more with Oppenheimer senior Research analyst Colin Rusch. Colin, great to have you with us.I first want to focus on the residential solar sector, which had already been under pressure because of consumer confidence, because of financing costs, so many other reasons. And now this. And I'm just wondering what what happens in this sector.It's been rerated obviously. Is it enough what happens to these stocks. >> Honestly this ...

The consumer tax credits were always going away. So there's no way you could live off of that. I think they were going to be gone by 2032.The other thing I think of, it's naive to anchor everything you have on government policy so government policy can move. Make a great truck at a great price that people love and that'll put you in a good position. And that's what we've always wanted to do.In America, you always have to be concerned about labor. I think we all know uh 4% unemployment nationally in South Ca ...