The US residential solar industry knew this year would be tough after President Donald Trump’s One Big Beautiful Bill ended a lucrative homeowner tax break for buying panels.
So far, it’s looking even worse than feared.
Freedom Forever LLC, one of the nation’s largest solar installers, filed for bankruptcy last month, citing the phase out of federal tax credits and Trump’s executive orders aimed at curtailing the growth of renewables. Big national players in home energy including Tesla Inc., Enphase Energy Inc., SolarEdge Technologies Inc. and Sunrun Inc. have reported soft sales in the first quarter, ...