Solar stocks slid after Senate Republicans detailed revisions to the House's tax-and-spending bill that included fully phasing out wind- and solar-tax credits. The Senate's plan would see credits phased out from 2026,

The committee's draft bill proposes cutting solar and wind incentives to 60% of their value in 2026 and ending them by 2028. Under current law, the phase-out will not begin until 2032. Analysts, however, remain skeptical of whether policymakers will pass the bill in its current form before Trump's self-imposed July 4 deadline.