Shares of renewable energy companies are rising after a tax on solar and wind was removed from the Senate version of the One Big Beautiful Bill Act. The Senate narrowly passed the legislation Tuesday and will now be considered by the House of Representatives.

Clean energy stocks fell Monday as President Donald Trump’s spending legislation now includes a tax on wind and solar projects using Chinese components and abruptly phases out key credits

Shares of U.S. renewable energy firms saw a mixed performance in early Monday trading after the U.S. Senate advanced President Donald Trump's sweeping tax-and-spending bill.