European renewable energy companies' shares rise after revised US senate bill
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 02 2025
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Source: Reuters
Impact of U.S. Senate Bill on Renewable Energy: European renewable energy stocks surged after the U.S. Senate passed a revised budget bill that offers better conditions for wind power, removing a 2027 deadline for projects starting construction within the next year.
Market Reactions and Future Projections: Shares of companies like Vestas and Nordex saw significant increases, with analysts noting that the changes extend incentives for developers, encouraging them to place orders by mid-2026 to secure tax credits for projects in service from 2028.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
