New Energy
Trump Win Unlikely to Thwart Rooftop Solar, Sunrun CEO Says
- A full repeal of Biden’s climate bill unlikely, CEO says
- Sunrun stock slumped after Donald Trump’s election win
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The US election victory for Donald Trump likely won’t impede the growth for the country’s rooftop solar and battery systems, according to the head of the nation’s biggest home solar company.
A full repeal of President Joe Biden’s signature climate legislation, the Inflation Reduction Act, including tax credits for solar systems is “highly unlikely,” Sunrun Inc. Chief Executive Officer Mary Powell said in an interview with Bloomberg News.