The solar panel sector rises as the final version of the Senate tax reform bill does not impose taxes on solar projects

Zhitong
2025.07.02 13:39

The solar panel sector surged, with Canadian Solar rising over 9%, Sunrun, First Solar, and SolarEdge rising over 4%. On the news front, on July 1st local time, the U.S. Senate passed the "Big Beautiful" tax reform bill with a vote of 51 to 50. Media pointed out that in this final version of the bill, which narrowly passed the full Senate vote, there were no tax provisions for wind and solar projects

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