The solar sector is reeling after the release of the Senate Finance Committee’s proposed tax-and-spending bill, which targets renewable energy

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,

KEY TAKEAWAYS Solar stocks are tumbling after the Senate maintained the full removal of clean-energy tax credits in the budget bill, even as it extended the time frame for the phaseout beyond the House’s bill.