Residential solar in the US is actively cratering after President Trump's One Big Beautiful Bill resulted in the sunsetting of a key tax credit for homeowners last year - which will result in a prolonged slump in installations, according to Bloomberg New Energy Finance (BNEF).
"The market is not expected to recover to the record levels of 2023 anytime in the next decade," according to the report.
The downturn is widespread - with installers nationwide reporting steep drops in new rooftop projects. Higher interest rates, the winding down of certain federal incentives, and shifting state policies are cited as primary drivers behind the slowdown. Many homeowners are now facing longer payback periods and higher upfront costs, making the economics less attractive than in previous years.
Two notable exceptions stand out amid the broader decline. California and Florida continue to see relatively stronger demand, supported by state-level incentives, high electricity prices, and established installer networks. Even in these states, however, growth has moderated compared with the boom years, and analysts expect the national picture to remain challenged for the foreseeable future.
Impact on Major Players and Supply ChainCompanies such as Sunrun, Enphase Energy, and SunPower have already felt the effects through softer order books and margin pressure. The residential segment, once a bright spot in the clean energy transition, is now forcing these firms to adjust forecasts and focus more on commercial and utility-scale projects where demand remains steadier.
The stall comes at a time when broader energy policy debates are intensifying. With changing federal priorities and questions around long-term subsidy structures, the residential solar sector is confronting the reality that rapid adoption was heavily dependent on favorable financing and generous tax credits that are now fading.
This development underscores the challenges of scaling residential renewables without sustained policy tailwinds. While utility-scale solar and battery storage continue to expand in many regions, the rooftop market's slowdown highlights how sensitive consumer adoption remains to interest rates, payback periods, and regulatory certainty. BloombergNEF's outlook suggests the industry may need several years to stabilize before any meaningful recovery takes hold.
That said, Californa and Florida are bucking the trend...
California, a longtime solar leader, and Florida, which passed a new pro-solar law last year. BloombergNEF projects Florida’s residential solar additions will hit 710 megawatts in 2026, a 62% increase over last year. California’s installations are also forecast to grow 17% in 2026. Both states are also leading on solar permit applications. -Bloomberg
The national crunch is also affecting the market for solar batteries - from which only about 1.4 gigawatts of home storage is expected to go online this year, down 26% from 2025. That said, some 40% of new residential solar systems in the first three months of 2026 had batteries, BloombergNEF found, up from an average 35% last year.
"Battery storage is the future of home solar," said BloombergNEF analyst, Cosmo van Steenis. "Batteries can lay up stores of solar power in the daytime and release them at night."
Tyler Durden Tue, 06/16/2026 - 06:55A demonstration of several thousand people took place in Rome on Saturday to advocate for remigration and stricter controls on immigration.
Coming from various regions across Italy, a crowd of roughly 3,000 individuals paraded through the nation’s capital behind a prominent sign declaring “Remigration and Recapture,“ a slogan used to call for the mandatory deportation of migrants back to their countries of origin.
🇮🇹Thousands demonstrate for remigration in Rome.
Protesters are increasingly hitting the streets across Europe demanding mass deportations.pic.twitter.com/X9zFjOkXeH
The march drew participation from various right-wing organizations, including Casapound.
According to Luca Marsella, a spokesman for Casapound, their objective is clear. “We want to throw out the illegal immigrants because they shouldn’t be here.”
He further noted that their demands extend beyond those without legal status, adding, “And because we are not politically correct, we also say that we want to send home the legal immigrants who have obviously not adapted or integrated.”
🇮🇹Huge turnout for Remigration in Rome, Italy.
Thousands marched with Italian flags in support of secure borders and mass deportations.pic.twitter.com/YxsvERdZMw
Concurrently, Rome hosted the inaugural party congress for Futuro Nazionale (National Future), a newly established right-wing political group organized by Roberto Vannacci, a former general who now serves as an MEP.
Speaking to reporters at a press conference, Vannacci expressed an uncompromising stance on border control, asserting, “If it were up to me, no one should be allowed to enter Italy.”
Vannacci previously aligned with the anti-immigration League Party party led by Vice Prime Minister Matteo Salvini. His political emergence means that Prime Minister Giorgia Meloni, leader of the right-wing Brothers of Italy (Fratelli d’Italia), alongside her coalition allies, will contend with fresh rivals on the right.
Public opinion polls suggest that Futuro Nazionale could capture 4.5 percent of the electorate, drawing its strongest support from citizens who previously voted for League. Vannacci’s movement already possesses a foothold in the legislature, as eight sitting parliamentarians have already defected to join his ranks.
The issue of migration is a contentious one, with migrants responsible for 43 percent of sexual crimes and 60 percent of robberies and thefts.
Just days ago, two Pakistani men were arrested for allegedly burning alive four Pakistani nationals after the men demanded better wages for agricultural work.
Tyler Durden Tue, 06/16/2026 - 06:30Update (9:00pm): just a few minutes after the initial post, the squeeze is accelerating and SPCX hit just shy of $230, or $3 trillion in market cap, surpassing MSFT in value.
And what is even crazier, tomorrow SPCX options start trading, which means one good, solid gamma squeeze could send this stock to $400, surpassing NVDA as the world's biggest company in the process.
Earlier:
After a relatively calm first day of trading, the gamma squeeze crew has finally sniffed out that SpaceX's float makes it a perfect candidate for an OTM-call option driven meltup, and the stock soared ~20% today, adding over $400 billion in market in the regular session.
Commenting on the move, Vanda Track earlier noted that SpaceX topped the leaderboard as the most bought stock by retail investors for a second consecutive session, with net buying potentially set to clear $100mn for the second day in a row.
On a net basis, retail investors have now bought almost as much SPCX over the last two sessions as they bought across the entire US stock market last week. In fact, today's $93.8mn of net buying in SpaceX accounts for roughly 73% of all retail net buying across single stocks so far today.
The one notable development today according to Vanda, is that we're seeing some appetite return to semiconductor stocks. Names such as MRVL, MU, SNDK and AVGO have all seen some modest buying today amid the rebound. However, retail flows remain selective rather than broad-based, with leveraged bearish ETFs such as SQQQ and SOXS also among today's most bought securities by retail investors.
Vanda's conclusion is that "the broader message remains unchanged: SpaceX has not sparked a retail buying frenzy across the market. Instead, retail investors continue to direct capital into this one name, while maintaining a relatively cautious stance elsewhere."
And since momentum elsewhere is fading, retail has decided to double down on the very illiquid SPCX after hours, where its low float has made it a great squeeze candidate by the retail crew, and the stock is now exploding higher, and at last check was trading just over $210, meaning the stock has added $250 billion in market cap after the close - or a total of $650 billion today alone...
... which translates into a market cap of $2.75 trillion or more than Apple's $2.65 trillion, and just behind MSFT's $2.97 trillion
Tyler Durden Tue, 06/16/2026 - 06:15