Solar stocks, including First Solar, Inc., experienced a surge on June 26, 2025, following renewed discussions in Congress regarding the potential restoration of clean energy tax credits. This development signals a possible shift in legislative sentiment towards supporting the renewable energy sector.
Earlier proposals had indicated a more aggressive phase-out of these crucial tax incentives, causing significant concern across the industry. The renewed talks suggest that lawmakers may be reconsidering the extent of cuts to federal support for solar and wind projects.
For First Solar, any move to restore or extend these tax credits would reduce policy risk and create a more stable and predictable environment for its U.S. manufacturing and project development. This could bolster investor confidence and support continued growth in the domestic solar market.
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