The tax was ultimately struck from the final version of the bill, a modest win for an industry that is under attack from the Trump administration.

Solar and wind stocks soared Tuesday as President Donald Trump’s tax-and-spending bill narrowly passed the Senate, shortly after legislators stripped it of a last-minute excise tax on renewable energy projects.

The sprawling Republican budget bill approved by the Senate Tuesday removes a proposed tax on solar and wind energy projects but quickly phases out tax credits for wind, solar and other