President Donald Trump signed an Executive Order to eliminate subsidies for unreliable “green” energy sources like wind and solar in furtherance of the One Big Beautiful Bill Act, the White House announced. “The Order directs the Secretary of the Treasury to terminate the clean electricity production and investment tax credits for wind and solar facilities and implement the enhanced Foreign Entity of Concern restrictions each as identified in the One Big Beautiful Bill Act. The Order directs the Secretary of the Interior to revise regulations and policies to eliminate preferential treatment for wind and solar facilities compared to reliable, dispatchable energy sources,” the White House fact sheet stated. Publicly traded companies in the solar energy space include Array Technologies (ARRY), Canadian Solar (CSIQ), Complete Solaria (SPWR), Emeren (SOL), Enphase Energy (ENPH), FTC Solar (FTCI), First Solar (FSLR), JinkoSolar (JKS), Maxeon Solar (MAXN), Shoals Technologies (SHLS), SolarEdge (SEDG) and Sunrun (RUN).
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