Solar stocks down after Trump order seeks to end wind, solar energy subsidies
** Shares of solar companies fall after U.S. President Donald Trump on Monday directed federal agencies to strengthen provisions in the One Big Beautiful Bill Act that repeal or modify tax credits for solar and wind energy projects
** SunRun RUN.O fall 11.4% and SolarEdge Technologies SEDG.O tumble ~5%
** Enphase Energy ENPH.O down ~3%, First Solar FSLR.O falls ~4% and Emeren SOL.N down marginally
** "We believe the review...could create at least temporary disruption for solar and wind safe harbor order activity, potentially more significant depending on potential revisions," - J.P. Morgan analyst Mark Strouse
** RBC Capital Markets analyst Christopher Dendrinos expects industry to accelerate safe harbor activity in the interim
** "We believe the Trump administration is looking for Treasury to increase the safe harbor threshold for the current 5% rule," Dendrinos adds
** "We now expect IRA uncertainty to extend yet another 45 days as developers await clarity anew on potential changes in safe harbor definition," - Jefferies analyst Julien Dumoulin-Smith
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