with all the details and maybe the timeline, Emily, of what's next. Hey guys. Well, yeah, as you said, Senate narrowly passed Trump's mega bill and that multi- trillion dollar tax package.It now of course heads to the House. Now, leaders are teeing up a potential vote tomorrow. That's when they want to get it done. That's when members are coming back.But before that happens, there's likely going to be a little bit of negotiation and a little bit of arm twisting going on because we're already seeing oppositi ...

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]

Solar stocks are tumbling after the Senate maintained the full removal of clean-energy tax credits in the budget bill, even as it reportedly extended the time frame for the phaseout beyond the Republicans’ proposals. https://t.co/zt0NzZtvwK ...

And with that, let's get to Emily Wilkins in Washington with the latest, Emily, on the Senate version of the bill, what's in it, and how folks are reacting. Hey, Sarah. Well, at this point, the reaction hasn't been all positive.I mean, the Senate version of this multi- trillion tax bill, it just dropped yesterday and it is already in trouble with both House and Senate Republicans raising concerns about some of the provisions. Some like Senator Josh Holly, he's concerned with some of the cuts to Medicaid tha ...

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 ...