Why These Energy Stocks Are Losing This Week

In this article, we are going to discuss the energy stocks that are losing this week.

Last week was a disastrous one for America’s solar energy industry, with some major solar stocks plummeting by as much as 35%. The House of Representatives narrowly passed President Trump’s sweeping tax and spending bill, potentially ending key Biden-era tax credits years sooner than expected. These subsidies have been crucial for the American solar, wind, and energy storage sectors, which rely on them heavily for financial viability.

Though the legislation is expected to raise about $500 billion in revenue over a decade by rolling back the renewable energy credits, it puts America’s energy security at risk. Solar and battery storage is the fastest-growing energy source in the United States, making up 81% of expected power additions to the grid in 2025, according to the Energy Information Administration. Moreover, a slowdown in solar deployment could be especially damaging at a time when the AI boom is expected to raise America’s electricity demand to record levels.

Green energy stakeholders will now be looking towards the Senate and hoping that it will reverse many of the proposed revisions to President Joe Biden’s Inflation Reduction Act, which has played a vital role in jumpstarting America’s green energy transition.

Our Methodology

To collect data for this article, we have referred to several stock screeners to find energy stocks that have fallen the most between May 20 to May 27, 2025. The following are the Energy Stocks that Lost the Most This Week. The stocks are ranked according to their share price decline during this period.

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10. First Solar, Inc. (NASDAQ:FSLR)

Share Price Decline Between May 20 – May. 27: 6.87%

First Solar, Inc. (NASDAQ:FSLR) is a leading American solar technology company and global provider of responsibly produced, eco-efficient solar modules.

First Solar, Inc. (NASDAQ:FSLR) suffered a setback last week after House Republicans passed a tax bill that terminates key clean energy credits that have been necessary to sustain the country’s solar energy industry. The ‘one big beautiful bill’ makes it impossible for solar energy players to claim or transfer tax credits, while terminating them completely for installers that lease equipment to customers.

However, as the biggest producer of solar panels in the U.S. with a large domestic manufacturing footprint, First Solar remained relatively unhurt since manufacturing subsidies do not appear to have been touched.

Another development working in favor of First Solar, Inc. (NASDAQ:FSLR) last week is when Jefferies analyst Julian Dumoulin-Smith updated the price target for FSLR from $127 to $157, while maintaining a Hold rating on the stock.

9. NextEra Energy, Inc. (NYSE:NEE)

Share Price Decline Between May 20 – May. 27: 8.56%

NextEra Energy, Inc. (NYSE:NEE) is the world’s largest generator of renewable energy from the wind and sun and a global leader in battery storage.

President Trump’s sweeping tax and spending bill, intended to end Biden-era tax credits for clean energy projects years sooner than planned, poses a threat to NextEra Energy, Inc. (NYSE:NEE)’s operations as it is also the Florida Power & Light Company – America’s largest electric utility which benefits greatly from Florida’s famous sunshine and growing population.

However, on the plus side, NEE has positioned itself well during the ongoing global trade war by shifting its tariff exposure to suppliers and contracting with domestic battery manufacturers.