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]

MasTec (MTZ) 2025 Conference June 24, 2025 10:55 AM ET Speaker0 Good morning. Welcome to the JPMorgan Energy Power Renewables and Mining Conference. Thank you all for attending. My name is Drew Chamberlain, Clean Energy Analyst here. Very excited to be joined by MasTec's CFO, Paul DeMarco. Well, you very much for being here. Speaker1 I appreciate it. It's the first time here and thanks everyone for the interest today. Speaker0 Well, great. I think it's probably best to just get kicked off the topic of jazzu ...

ab 20 June 2025 Global Research US Enterprise Hardware and Networking Generating the latest updates on AI Trump administration to increase chipmaker tax credit from 25% to 30% The Trump administration raised the "tax credit to 30% of investments in plants, up from 25%". The tax credit was a part of the Chips Act, but unlike the $39B in grants and $75B in loans, the tax credit is not capped. The change gives chipmakers more incentive to either increase the size of their US projects or break ground on new fac ...

Core Insights - Constellation Energy Corporation (CEG) is significantly benefiting from the Production Tax Credit (PTC) for nuclear energy, which provides a per-kilowatt-hour incentive for electricity generated from eligible resources [1][2][9] - The PTC, part of the Inflation Reduction Act, enhances CEG's revenues, especially during low power market prices, thereby protecting profitability and supporting the operation of nuclear plants [2][9] - CEG anticipates over 13% adjusted operating earnings growth through 2030, driven by PTC benefits, operational improvements, and planned refueling outages [3][9] Financial Performance - CEG's shares have increased by 39.4% over the past three months, outperforming the industry growth of 19.1% [8] - The Zacks Consensus Estimate indicates a 9% increase in earnings per share for 2025 and a 22.09% increase for 2026 [11] - CEG is trading at a premium with a forward 12-month price-to-earnings ratio of 29.43X compared to the industry average of 20.8X [14] Revenue Protection Mechanism - The PTC provides crucial downside protection for CEG's nuclear plants when revenues fall below $44.75/MWh, with inflation adjustments enhancing this safeguard [4][9] - CEG expects an incremental base revenue of $500 million in 2028, contingent on inflation adjustments between 2.3% and 2.6% [4] Growth Initiatives - CEG's consistent PTC earnings allow for investments in growth initiatives such as repowering wind assets, extending plant licenses, and acquiring new assets [3][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 ...

Core Viewpoint - SolarEdge Technologies (SEDG) shares are experiencing a decline following a downgrade from Hold to Sell by GLJ Research analyst Gordon L. Johnson II, amid ongoing struggles in the U.S. and European markets [1] Group 1: Market Challenges - SolarEdge is facing significant headwinds, with analysts noting that the anticipated revival of the 48E 30% tax credit for solar companies is unlikely to benefit the company [1] - The Senate's tax-and-spend bill indicates that U.S. residential solar finance companies will lose the ability to sell tax credits to third parties, posing a potential existential threat to those reliant on inflated solar system values [2] Group 2: Performance Metrics - In April 2025, while the overall sales of inverters in California increased by 23.0% year-over-year, SolarEdge's sales only grew by 2.3% year-over-year, indicating a lack of demand pull-forward for the company [4] - As of the latest check, SEDG shares have dropped by 34.4%, trading at $15.74 [4]