Renewables industry reels as Senate megabill unveils new excise tax

Jun. 29, 2025 4:47 PM ETFirst Solar, Inc. (FSLR) StockTSLABy: Rob Williams, SA News Editor158 Comments
Young businesswoman charging her electric car at EV charging station

Images By Tang Ming Tung

The renewable energy sector was caught off guard this weekend by a proposed Senate tax targeting wind and solar projects that use components from China, marking a sharp escalation in efforts to dismantle incentives for clean energy.

The measure, part of

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