Technology7/31/2025Bloomberg

First Solar Says Trump’s Tax and Spending Law Makes It Stronger

First Solar, a major solar panel manufacturer, has reportedly become stronger due to the recent tax-and-spending law enacted under the Trump administration, rather than the 2022 climate law championed by President Biden. According to Mark Widmar, the CEO of First Solar, the company is now in a better position following the passage of the Trump-era legislation compared to the impact of Biden's landmark climate bill. The article suggests that the tax-and-spending law, which was signed into law by former President Trump, has provided more favorable conditions for First Solar's operations and growth than the climate law introduced during the Biden administration. The article does not provide further details on the specific provisions or impacts of these laws on the solar industry or First Solar's business.

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