Solar CEOs bet that Red State investments will protect them from threat of Trump repealing IRA
Publishing timestamp: 2024-03-15 10:10:19
Summary
Clean energy tax credits under President Biden's Inflation Reduction Act could be at risk if GOP wins November elections, as they have opposed the legislation and threatened repeal. Solar industry CEOs believe the credits will remain due to their support for manufacturing in GOP districts, but some analysts warn investors may be underestimating the risk of repeal.
Sentiment: NEUTRAL
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Keywords: government and politics, united states, nextracker inc, social issues, regwall-pro, donald trump, sunnova energy international inc, business news, markets, first solar inc, energy, environment, joe biden, breaking news: markets, enphase energy inc,