Key Takeaways SunRun shares plummeted Tuesday, leading a steep sell-off in solar energy stocks after the Senate maintained the full removal of clean-energy tax credits in the budget bill.A chart pattern that closely resembles a falling three methods has recently emerged,

Solar energy stocks dropped sharply on Tuesday as the market digested cuts to renewable power tax credits in the Senate's version of the budget bill.

Sunrun (RUN) shares downgraded to Sell due to financial disclosure revealing $600/system loss and inability to sell tax credits, as well as circular cash burn problem.

What Happened? A number of stocks fell in the morning session after a U.S. Senate panel proposed phasing out solar and wind energy tax credits by 2028, raising concerns about future profitability and project viability for solar companies.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

The future of California’s solar industry suddenly looks a whole lot murkier.

SunRun shares are plunging 25%, SolarEdge Technologies stock is diving 20%, and Enphase Energy is sliding 15% after Senate Republicans proposed [an end to win

Solar stocks slid in off-hours trading after Senate Republicans kept in a full phase-out of solar and wind energy tax credits in [President Trump's budget bill](

Ratings for Sunrun RUN were provided by 12 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Shares of residential solar equipment firms Sunrun, SolarEdge and Enphase plummeted by 24% or more after a draft of the Senate budget bill showed tax credits expiring for solar-power equipment as soon as 180 days after the bill's passage.

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Sunrun (NASDAQ:RUN) and the rest of the renewable energy stocks fared in Q1.