Story perspectives

Trump Ends Solar, Wind Tax Credits — 2027 Deadline

6/2/2026

Summary

Story summary

President Donald Trump’s administration ended solar and wind investment tax credits via One Big Beautiful Bill Act for projects breaking ground after July 2026 unless finished by the end of 2027.
The Invesco Solar ETF (NYSE:TAN) rose 112% while PBW ETF’s top holdings are electrical equipment (33.19%) and semiconductors (14.31%).
Navitas Semiconductor (NASDAQ:NVTS) surged 387.45% while Bloom Energy (NYSE:BE) jumped 1,380.83% as Brent crude traded near $100 a barrel, down from a 2026 peak above $121.

History

Historical Context

Congress enacted the American Recovery and Reinvestment Act in February 2009, creating a 30 % solar Investment Tax Credit and allocating $115 million for solar technology development. The credit spurred rapid growth in solar projects, making it a cornerstone of renewable financing. Proposals to end the credit after July 2026 could redirect investment toward fossil-fuel assets.

1 of 2

Story summary

President Donald Trump’s administration ended solar and wind investment tax credits via One Big Beautiful Bill Act for projects breaking ground after July 2026 unless finished by the end of 2027.
The Invesco Solar ETF (NYSE:TAN) rose 112% while PBW ETF’s top holdings are electrical equipment (33.19%) and semiconductors (14.31%).
Navitas Semiconductor (NASDAQ:NVTS) surged 387.45% while Bloom Energy (NYSE:BE) jumped 1,380.83% as Brent crude traded near $100 a barrel, down from a 2026 peak above $121.

1 / 2