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Bloomberg
Clean-energy stocks are surging as the US Congress considers extending tax breaks for wind and solar energy.
JinkoSolar Holding Co, one of the world’s biggest publicly traded panel producers gained as much as 16% last week. Sunrun Inc, the biggest US residential solar installer, rose as much as 7.7%. SunPower Corp climbed as much as 12%.
Congress has debated several key bills addressing government funding and coronavirus relief. The tax package will likely include extensions for the production tax credit and the investment tax credit.