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The removal of clean energy subsidies directly diminishes ENPH's revenue potential, similar to past subsidy cuts leading to stock declines in the solar sector.
What happened, with direct paths to the underlying reporting
House passed a tax bill cutting clean energy subsidies. The removal of subsidies threatens the U.S. solar market. Shares of U.S. solar companies dropped significantly. Industry support and stability are now at risk. ENPH and peers may face dire financial consequences.
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