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SolarEdge Technologies Surges on Subsidy Policy Optimism
SolarEdge Technologies Surges on Subsidy Policy Optimism
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BTCCSquare news:
SolarEdge Technologies (SEDG) shares jumped 17% Friday, defying a slight market downturn, as data center operators lobbied to preserve clean energy subsidies. The Data Center Coalition urged the U.S. Treasury to maintain current wind/solar incentive structures ahead of an expected regulatory tightening.
"Regulatory friction now directly threatens AI-era power demands," the coalition warned, highlighting data centers' soaring electricity needs. This sector's growing energy appetite—amplified by AI's resource-intensive workloads—positions renewable providers like SolarEdge for sustained demand.
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