The latest draft of the “One Big Beautiful Bill Act” proposes severe cuts to residential solar incentives, while utility-scale solar, hydropower, nuclear, and geothermal energy may retain tax credits. The bill threatens the residential solar industry, causing stock drops and bankruptcies. Utility-scale solar may fare better under the bill, along with other energy sources like hydropower, nuclear, and geothermal. PV Magazine reports industry concerns and potential collapse.
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