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Why AES Corporation Stock Flopped Today
The Motley Fool· 2025-06-30 21:24
The latest political developments in Washington, D.C., cast a shadow over renewable energy stocks on Monday. Reacting to news that very late-stage revisions to the One, Big, Beautiful Bill would impose a new set of taxes on the solar and wind segments, investors traded out of energy companies involved in those niches.One victim was the renewables-embracing AES Corporation (AES -1.87%), whose shares took it on the chin with a nearly 2% decline on the day. Meanwhile, the benchmark S&P 500 index closed Monday ...
Ascent Solar Technologies, Inc. Announces Closing of $2.0 Million Public Offering
Globenewswire· 2025-06-30 21:00
THORNTON, Colo., June 30, 2025 (GLOBE NEWSWIRE) -- Ascent Solar Technologies, Inc. (NASDAQ: ASTI) (“Ascent” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, today announced the closing of its previously announced public offering of an aggregate of 1,000,000 shares of its common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to 1,000,000 shares of common stock (the “Warra ...
Why Plug Power Stock Skyrocketed 28.5% Today
The Motley Fool· 2025-06-30 20:24
Group 1 - Plug Power's shares increased by 28.5% following the Senate's latest version of the "Big, Beautiful Bill" which includes an extension of hydrogen industry tax credits through January 1, 2028 [1] - The Senate's changes have positively impacted hydrogen stocks, indicating a broader market interest in hydrogen as a clean energy source [1][2] - The extension of tax credits has garnered support from oil companies like ExxonMobil, who see hydrogen as a potential clean energy revenue stream [2] Group 2 - Plug Power is currently facing challenges, with stagnant and declining sales, except for a notable increase in the last quarter [4] - The company is operating at a loss and is burning cash, raising concerns about its financial stability [4] - While the tax credit extension could provide a lifeline, there are significant risks, including the potential for bankruptcy in the near future [5]
Zeo Energy Corp. Joins Russell Microcap® Index
Globenewswire· 2025-06-30 20:05
NEW PORT RICHEY, Fla., June 30, 2025 (GLOBE NEWSWIRE) -- Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo”, “Zeo Energy”, or the “Company”), a leading Florida-based provider of residential solar and energy efficiency solutions, today announced that it has joined the Russell Microcap® Index following the conclusion of the 2025 Russell US Indexes annual reconstitution, effective after the US market open on June 30. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Wednesday, April 30 ...
Enphase Energy Board of Directors Affirms Re-election of Thurman John Rodgers as Director of the Board
Globenewswire· 2025-06-30 20:05
FREMONT, Calif., June 30, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that its Board of Directors, excluding Thurman John (T.J.) Rodgers, unanimously voted to retain Mr. Rodgers as a member of the Board of Directors. The decision followed a recommendation of the Nominating and Corporate Governance Committee of the Board, also conducted without Mr. Rodgers’ p ...
Trump's big bill threatens to raise taxes on clean energy industry by up to $7 billion, trade group says
CNBC· 2025-06-30 19:44
Senate Republicans are threatening to hike taxes on clean energy projects and abruptly phase out credits that have supported the industry's expansion in the latest version of President Donald Trump's big spending bill.The measures, if enacted, would jeopardize hundreds of thousands of construction jobs, hurt the electric grid, and potentially raise electricity prices for consumers, trade groups warn.The Senate GOP released a draft of the massive domestic spending bill over the weekend that imposes a new tax ...
X @Bloomberg
Bloomberg· 2025-06-30 17:30
The intensified attack on wind and solar power threatens capacity at a time when AI demand for electricity is surging, @liamdenning says (via @opinion) https://t.co/vYzBisWFiu ...
Publication of the Toolbox VINCI Concessions
Globenewswire· 2025-06-30 15:45
Core Insights - VINCI has published its "Toolbox VINCI Concessions" on its website, aimed primarily at investors, summarizing key financial and operational data [1] - VINCI is a global leader in concessions, energy solutions, and construction, employing 285,000 people across more than 120 countries [1] - The company focuses on designing, financing, building, and operating infrastructure and facilities that enhance daily life and mobility [1] - VINCI is committed to environmentally and socially responsible operations, aiming to create long-term value for customers, shareholders, employees, partners, and society [1] Company Overview - VINCI operates in the sectors of concessions, energy solutions, and construction [1] - The company emphasizes all-round performance beyond just economic and financial results [1] - VINCI engages with stakeholders and values dialogue as essential to its business activities [1] Operational Focus - The publication includes information about VINCI Airports' network and the main companies under VINCI Highways [3]
What to know about the GOP budget bill and clean energy
CNBC Television· 2025-06-30 15:33
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 ...
First Solar or Nextracker? Uncovering the Smarter Solar Investment Play
ZACKS· 2025-06-30 14:31
Key Takeaways Nextracker has surged past FSLR in stock gains, up 38.4% in 3 months and 26.5% over the past year. FSLR boasts $19.8B in long-term contracts and plans to expand capacity to over 25 GW by the end of 2026. NXT hit 10 GW in India, landed a major EU project and acquired Bentek to boost U.S. supply chain.As clean energy investments continue to escalate worldwide, solar power has emerged as the fastest-growing energy source, brightening the growth prospects for key industry players like First Sola ...