Shares of U.S. solar companies, including Nextracker, fell after President Donald Trump called for new rules that would limit access to tax incentives for renewable energy projects. This move introduces renewed policy uncertainty for the clean energy sector.
The President's order aims to impose more stringent rules on renewables projects, potentially affecting the economic viability of future solar installations. This follows previous legislative efforts to pare back clean energy tax benefits.
The directive from the Trump administration signals a potential tightening of federal support for green energy, which could impact investment decisions and project development timelines across the solar industry.
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