Clean energy reserves increase after the sun tax, the wind was removed from the Trump invoice


Clean energy resources Solar and wind projects were removed from the Senate version of a great beautiful law after a tax on Tuesday.

Shares Nextera EnergyThe largest renewable developer in the United States has increased by about 5% after the Senate narrow President Donald Trump’s bill on Tuesday. AesA leading renewable provider increased by about 2%. Megabill will now go to the House of Representatives, where MPs will consider the changes in the Senate.

The clean energy industry was surprised to find something on the weekend and was angry Tax on wind and solar projects Included in one version of the Senate legislation. Tax applied to projects that are above a certain threshold from foreign institutions. Foreign institutions of foreigners are mainly widespread to refer to China.

The tax eventually told CNBC from the Senate Legislation, the American Clean Power Plant (ACP) and Solar Energy Industries Association (SEA). The event was punitive and will be added to $ 7 billion for the Sun and Wind Industry’s tax burden, John Hensley, Senior Vice President of the ACP Sunday Analysis John Hensley.

The Senate bill is still not as serious as the previous versions of tax loans, graphic legislation for pure electricity and sun. These loans have played an important role in expanding the renewable energy in the United States

According to ACP, the projects starting in the construction of the bill during 12 months can still meet full tax loans. According to ACP, the projects starting in construction after 12 months must enter the service by the end of 2027.

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Invited Sun (TAN) over the past three months.

Benchmark Invesco Solar ETF (TAN) Won 2.9%, IShares global clean energy ETF (ICLN) Increased by 0.8% after the legislation.

Shares The first sunThe largest solar panel manufacturer in the United States has slipped more than 1%. Sun Tracker Manufacturers Array technologies and Nstrcracker jumped more than 12% and 5% respectively.

Living Sunscreen Somrun Inverter manufacturers are more than 10% Södaredge and ENPHASE appropriately earned about 7% and 3%.

However, SEA pointed out that the Senate is limited to improving the bill and is still harmful to the renewable energy. The ACP described the bill as “step back for American energy policy.”

“This legislation is the basis of the restoration of American production and the foundation of global energy leadership,” Abigail Ross Hopper, Seia General Director, said. “If the bill has become a law, families will face higher electrical billings, and factories will be closed, and Americans will lose their work and our electricity network will be weaker.”

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