What do rate cuts, the election mean for solar energy stocks?

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 81 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 71%
  • Publisher: 63%

Clean Energy News

Julie Hyman,Maheep Manley,Interest Rate

Mizuho Americas director of clean energy equity research Maheep Manley joins Julie Hyman and Josh Lipton on Market Domination to discuss what next week's...

on Market Domination to discuss what next week's expected interest rate cut and the upcoming presidential election mean for the solar energy sector.

The analyst highlights that First Solar is “the biggest beneficiary” of current tax incentives as “more than 60% of their EPS in our estimates for 2025 would come from these incentives from the Inflation Reduction Act . One is obviously the fundamentals that helps reduce the interest expense going forward, but also in valuation.

But also trump talks about, uh uh, President Trump talks about, uh uh, he said he likes utility Solar.And he did say he wants jobs over here, which also bodes well for most of our companies over here.I think we've said in our notes, it's maybe it was down 20 25% impact to our stocks, but, uh, definitely, uh, the the business case or the status quo will be maintained under Kamala Harris mahi.

It feels like solar is sort of in a similar vein, but what what have those adoption trends look like?I guess with US consumers it it is as if you look at the penetration rates for residential solar with somewhere around 5% of rooftops of eligible rooftops are penetrated with solar.It depends on interest rates because most of the solar is bought on financing.

We all know the state of Maryland is one of the nation’s hotbeds of lacrosse. Within its borders are countless youth and college programs producing some of the best talent the sport has to offer. Now another team repping the state has a chance to bring home some hardware. On Sunday the Maryland Whipsnakes play in the Premier Lacrosse League championship game. They’ll take on the defending champion Utah Archers in Philadelphia at 3:00 p.m. inside Subaru Park. See more: https://www.wmar2news.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GM delays additional $330 million investment in Thacker Pass, Lithium Americas saysGM had announced an investment of $650 million, in two tranches, in Lithium Americas last year to help it develop the Thacker Pass lithium mining project in ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »